KuwaitPR.com, Online Press Release from Kuwait
February 07, 2023: Valentine’s Day is on its way and this year, Pandora is launching a new range of meaningful gift ideas that will pay tribute to your unique love story like never before. A personal gift crafted by Pandora and hand-picked by you will reflect all the ways you see, know and understand the one you love most.For the one who just... ... Read more
Boasting an Iconic Symmetrical Space Ring Design, Ultra Aperture XMAGE Camera, and Ultra-Reliable Kunlun GlassHow often do you come across a smartphone that has it all? A phone with a stunning design, staggering camera system, unbelievable performance and an overall visionary and silky-smooth experience that is mind-blowing. Huawei has designed one... ... Read more
7, February 2023 - The 2023 Top Employers have been announced and Philip Morris Management Services (Middle East) Limited. (PMMS) has been recognized as a Top Employer in the Middle East. Being certified as a Top Employer showcases an organization’s dedication to a better world of work and exhibits this through excellent HR policies and ... ... Read more
Kuwait, 6  February 2023: Al Ahli Bank of Kuwait (ABK) reported a net profit of KD 32.3 million in the financial year 2022. The increase in the net profit compared to the same period in 2021 was 19%. Net operating profit rose by 10% to a total KD 90.1 million, and earnings per share were 14 fils, compared to 12 fils the previous year. Total as... ... Read more
Kuwait, 4 February 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.&nb... ... Read more
February 03, 2023: Al Ansari Exchange Kuwait, a leading foreign exchange and worldwide money transfer company, announced its partnership with the Public Authority for Civil Information (PACI) to integrate the Kuwait Mobile ID interface into the Al Ansari Exchange app. This will enable seamless online registration and verification processes, and fas... ... Read more
As part of its social responsibility program and its patronage of sports and aspiring talents Kuwait, 1 February 2023:  Burgan Bank recently announced its sponsorship of the Kuwait Crown Prince Cup final match for the 2022/2023 season, held under the patronage of the Crown Prince, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, and organized by... ... Read more
• Consolidated Revenues of $27.0B, Down 2.7% from Last Year• Consolidated Operating Margin of 11.8%; Adjusted Consolidated Operating Margin of 14.1%• Diluted EPS of $3.96; Adjusted Diluted EPS Up 0.8% Over Last Year to $3.62• Declares a Quarterly Dividend of $1.62, a Per Share Increase of 6.6%, and Authorizes a New $5B Share Rep... ... Read more
Kuwait - 2, Feb 2023: Al Ahli Bank of Kuwait (ABK) announced Bassam Abdullah Al Bassam as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 30 January 2023. The draw was held under the supervision of the Ministry of Commerce and Industry. The Alfouz draw account offers ABK customers the chance to win life-ch... ... Read more
Kuwait - January 31, 2023:  Huawei recently introduced the new HUAWEI MatePad SE, and there is a lot to love about this tablet. It is a family-first device that caters for people of every age and includes features that ensure the safety of young users. It comes with a 10.4-inch 2K FullView Display, a powerful 6nm Octa-core processor, immersive... ... Read more
Highest Full-Year Revenue in LG Electronics’ History with Continuous Growth Based on Strong FundamentalsDUBAI, January 30, 2023 — LG Electronics Inc. (LG) announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion. In 2022, LG achieved its highest annual revenue ever – surpass... ... Read more
14 Russian companies from the construction industry will participate in the Middle East's largest exhibition in the construction industry - The Big 5 Saudi 2023. The exhibition will be held in Saudi Arabia, Riyadh from 18 to 21 February 2023 at the Riyadh Front Exhibition & Conference center.    The “Made in Russia&rdqu... ... Read more
Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax inc... ... Read more
Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax inc... ... Read more


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Net Income growth of 15% year-on-year Dividend per share 8 fils and 5% bonus shares Kuwait, 8 February 2023:  Burgan Bank announced its financial results for the fiscal year ending December 31, 2022, reporting Revenues of KD 232 million and Operating Profit of KD 125 million. Revenue levels remained stable, backed by a growth of Net Interest Income by 15% year-on- year, due to improvement in its Net Interest Margins by 30 bps, reaching 2.4% for 2022. This improvement was driven by rate hikes in Kuwait and improved margins in Burgan Bank Turkey. Moreover, the Bank’s provision charges saw a significant improvement of 70% for the fiscal year 2022 compared to the performance in ......read more

Kuwait, 9 February 2023: Al Ahli Bank of Kuwait (ABK) announced Hebah Barrak Al Tukhaim as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 6 February 2023. The draw was held under the supervision of the Ministry of Commerce and Industry.  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in the weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages everyone to open Alfouz draw accou ......read more

Kuwait – February 7, 2023: Al Ahli Bank of Kuwait (ABK) sponsored the final match of the 30th championship of HH the Crown Prince Football Cup between Al-Arabi Sports Club and Al-Salmiya Sports Club. The event took place on February 6 at Jaber Al-Ahmad International Stadium under the patronage and presence of HH the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, which concluded with the victory of Al-Arabi Sports Club. Commenting on this occasion, Mr. Sager Albenali, Acting Chief Communications Officer at ABK, said, “We would like to take this opportunity to congratulate Al-Arabi Sports Club for winning the championship. We are pleased to participate in this event as ......read more

February 07, 2023:  The nova moniker is derived from the Latin word “novas”, signifying that every rising star is born to shine, akin to the passion of youth when chasing their dreams of a better future. Every generation of the HUAWEI nova Series strives to present an innovative piece of technology that has an on-trend design, powerful cameras, and excellent performance. As of July 2022, the nova Series has accumulated a total of more than 200 million users worldwide. Now the nova series enters its 10th generation and consists of the HUAWEI nova 10 Pro, HUAWEI nova 10 and HUAWEI nova 10 SE. Incorporating features that speak to both existing and upcoming lifestyle trends, the ......read more

February 07, 2023: Valentine’s Day is on its way and this year, Pandora is launching a new range of meaningful gift ideas that will pay tribute to your unique love story like never before. A personal gift crafted by Pandora and hand-picked by you will reflect all the ways you see, know and understand the one you love most. For the one who just “gets” you. This season, the Pandora Moments collection sees new arrivals that capture special connections: expanding heart motifs and hearts within hearts feature across the new designs - perfect for reminding loved ones that they’re always in yours. For a timeless love. Wrap up classic yet statement pieces from Pandora T ......read more

7 February 2023:  The International Air Transport Association (IATA) released data for global air freight markets showing that 2022 full-year demand for air cargo took a significant step back from 2021 levels but was close to 2019 performance.   • Global full-year demand in 2022, measured in cargo tonne-kilometers (CTKs*), was down 8.0% compared to 2021 (-8.2% for international operations). Compared to 2019, it was down 1.6% (both global and international). • Capacity in 2022, measured in available cargo tonne-kilometers (ACTKs), was 3.0% above 2021 (+4.5% for international operations). Compared to 2019 (pre-COVID) levels, capacity declined by 8.2% (-9.0% for int ......read more

7 February 2023:  The International Air Transport Association (IATA) announced that the recovery in air travel continued in December 2022 and for the full year.  • Total traffic in 2022 (measured in revenue passenger kilometers or RPKs) rose 64.4% compared to 2021. Globally, full year 2022 traffic was at 68.5% of pre-pandemic (2019) levels. December 2022 total traffic rose 39.7% compared to December 2021 and reached 76.9% of the December 2019 level. • International traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019. • D ......read more

Boasting an Iconic Symmetrical Space Ring Design, Ultra Aperture XMAGE Camera, and Ultra-Reliable Kunlun Glass How often do you come across a smartphone that has it all? A phone with a stunning design, staggering camera system, unbelievable performance and an overall visionary and silky-smooth experience that is mind-blowing. Huawei has designed one.  Introducing the latest iteration to the flagship HUAWEI Mate Series, the HUAWEI Mate50 Pro. Dubbed as the futuristic tech flagship smartphone with the best Ultra Aperture XMAGE camera, this premium flagship phone boasts an Iconic Symmetrical Space Ring Design, an astonishing Ultra Aperture XMAGE Camera, ultra-reliable performance, in ......read more

7, February 2023 - The 2023 Top Employers have been announced and Philip Morris Management Services (Middle East) Limited. (PMMS) has been recognized as a Top Employer in the Middle East.  Being certified as a Top Employer showcases an organization’s dedication to a better world of work and exhibits this through excellent HR policies and people practices.  The Top Employers Institute program certifies organizations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, Well-Being, and ......read more

Kuwait – February 2023: This February, Abdulmohsen Abdulaziz Al Babtain Company (AABC), the authorized dealer of Nissan vehicles, is celebrating the festive season in style by offering its fans unbeatable deals on some of Nissan's most popular models, including the Nissan Patrol, Nismo, Super Safari, Pathfinder, and X-Terra. With these exceptional packages, AABC is providing its customers with peace of mind and the assurance of quality. Nissan enthusiasts can take advantage of the incredible triple 5 package available on the Patrol, the ultimate desert companion. Known for its impressive on-road performance, featuring top speed and unmatched power, the Patrol comes with an excep ......read more

Kuwait, 6  February 2023: Al Ahli Bank of Kuwait (ABK) reported a net profit of KD 32.3 million in the financial year 2022. The increase in the net profit compared to the same period in 2021 was 19%. Net operating profit rose by 10% to a total KD 90.1 million, and earnings per share were 14 fils, compared to 12 fils the previous year. Total assets grew by 14% to KD 6.4 billion, customer deposits by 13% to KD 4.4 billion, and the loan portfolio increased by 19% to reach KD 4.04 billion.  The Non-Performing Loan (NPL) ratio stood at 1.43% and NPL coverage was at 366%. The Capital Adequacy Ratio (CAR) reached 15.62% while the Shareholders’ Equity stood at KD 504 Million. ......read more

Kuwait, 4 February 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 1,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits.  The 20 lucky winners are:  • VERONICA PATRICK MILLS • SAADA MICHEAL MELHEM • ANAS SAYAH HLAL • ALI HUSSAIN ALDAWOUD • MOHAMMED ABDULRAHMAN ALATEEQI • DINA GHASSAN ZEIN • ABDELAZIZ ALSAYED ATTALLA • MUSTAFA ABDULRASOUL ALSHAWAF • WALEED SALEH ALALI • DALAL TA ......read more

February 03, 2023: Al Ansari Exchange Kuwait, a leading foreign exchange and worldwide money transfer company, announced its partnership with the Public Authority for Civil Information (PACI) to integrate the Kuwait Mobile ID interface into the Al Ansari Exchange app. This will enable seamless online registration and verification processes, and faster customer onboarding.  Kuwait Mobile ID was incorporated into the company's digital solutions to help boost its technology-driven growth strategy and ensure complete access to reliable and convenient services for its network of customers. With the latest integration, Al Ansari Exchange’s customers in Kuwait can now take advanta ......read more

As part of its social responsibility program and its patronage of sports and aspiring talents  Kuwait, 1 February 2023:  Burgan Bank recently announced its sponsorship of the Kuwait Crown Prince Cup final match for the 2022/2023 season, held under the patronage of the Crown Prince, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, and organized by the Kuwait Football Association (KFA). The much-anticipated final match will be held between Al Arabi and Al Salmiya on February 6, 2023, at the Jaber Al-Ahmad International stadium. This sponsorship comes as part of Burgan Bank’s proactive and comprehensive social responsibility program, which aims at creating a wave of positive chan ......read more

• Consolidated Revenues of $27.0B, Down 2.7% from Last Year • Consolidated Operating Margin of 11.8%; Adjusted Consolidated Operating Margin of 14.1% • Diluted EPS of $3.96; Adjusted Diluted EPS Up 0.8% Over Last Year to $3.62 • Declares a Quarterly Dividend of $1.62, a Per Share Increase of 6.6%, and Authorizes a New $5B Share Repurchase Program, Replacing the Existing Authorization   January 31, 2023 – UPS (NYSE:UPS) today announced fourth-quarter 2022 consolidated revenues of $27.0 billion, a 2.7% decrease from the fourth quarter of 2021. Consolidated operating profit was $3.2 billion, down 17.9% compared to the fourth quarter of 2021, and dow ......read more

Kuwait - 2, Feb 2023: Al Ahli Bank of Kuwait (ABK) announced Bassam Abdullah Al Bassam as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 30 January 2023. The draw was held under the supervision of the Ministry of Commerce and Industry.  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in the weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages everyone to open Alfouz draw accoun ......read more

As part of its committed ESG efforts and community development program Kuwait, 31st January 2023:  In an initiative that underscores Burgan Bank’s proactive and leading role in human capital development, the Bank recently expanded its participation in Kuwait’s largest career fair, Watheefti, by delivering ‘The Secret to Self-Empowerment’ workshop to the fair’s visitors. The workshop marks an extension to Burgan’s ESG strategy and its active role in the development of its community through various learning activities and events. Led by the Bank’s Human Resources Department, the workshop was delivered by Ms. Fatemah Yagoub, Learning Manage ......read more

Kuwait - January 31, 2023:  Huawei recently introduced the new HUAWEI MatePad SE, and there is a lot to love about this tablet. It is a family-first device that caters for people of every age and includes features that ensure the safety of young users. It comes with a 10.4-inch 2K FullView Display, a powerful 6nm Octa-core processor, immersive sound, and a host of other smart features. In short, the HUAWEI MatePad SE is the ideal choice for anyone looking for an affordable and versatile tablet that everybody in the family can use. The HUAWEI MatePad SE will be available in Kuwait on the 19th of January at a price of KWD 47.9 from Huawei’s online platforms as well as certified r ......read more

Highest Full-Year Revenue in LG Electronics’ History with Continuous Growth Based on Strong Fundamentals DUBAI, January 30, 2023 — LG Electronics Inc. (LG) announced full-year 2022 consolidated revenue of KRW 83.5 trillion with operating profit of KRW 3.6 trillion.  In 2022, LG achieved its highest annual revenue ever – surpassing KRW 80 trillion for the first time in its history – increasing 12.9 percent over 2021, when sales exceeded KRW 70 trillion for the first time. The record sales reflect continuous growth based on strong fundamentals, although full-year profitability was impacted by challenging global economic conditions. The company’s reve ......read more

14 Russian companies from the construction industry will participate in the Middle East's largest exhibition in the construction industry - The Big 5 Saudi 2023. The exhibition will be held in Saudi Arabia, Riyadh from 18 to 21 February 2023 at the Riyadh Front Exhibition & Conference center.      The “Made in Russia” exhibitors will showcase their products and services in the fields of engineering and high-end plastics, plastic slabs, strips, pipes and profiles, sanitaryware and construction materials, concrete products for use in construction, as well as energy-efficient solutions for industrial enterprises and other construction products.   ......read more

Dubai, UAE, 28th January 2023: Arab Bank Group achieved solid results for the period ending December 31, 2022, with net income after tax of $544.3 million as compared to $314.5 million in 2021. The Group’s performance was driven by robust growth in its core banking business across different markets, as net profit before provisions and tax increased by 23% to reach 1.35 billion US dollars. Excluding the impact of devaluation of several currencies against the US dollar, loans and deposits grew by 5% to reach $35.4 billion and $ 47.7 billion, respectively, despite the volatile operating environment. In view of these results, the Board of Directors has recommended to the sharehol ......read more

- Burgan Bank’s mobile app becomes the highest-rated banking app in Kuwait with an average rating of 4.65    - A slew of awards in 2022 placed Burgan Bank as the Best Integrated Consumer Banking Site award from Global Finance magazine in 2022   - In-app surveys show customer satisfaction at 92.6%     Kuwait, 28 January 2023: Following a year of relentless digital innovation, Burgan Bank has closed 2022 with four awards from Global Finance magazine, after seeing its advanced digital banking app land the highest rating on the iOS App Store and Android Google Play Store in Kuwait, with an average rating of 4.65.    The four awa ......read more

The best monthly return of up to 2%, the best cashback program with up to KD 600 in returns, and the best digital loyalty program Kuwait, 28 January 2023 – In its commitment to reward its customers, and its keenness on offering an unprecedented banking experience, Kuwait International Bank (KIB), has launched ‘The Best’ program of its kind in Kuwait, full of benefits and products that meet the needs of all its customers and live up to the demands of their modern lifestyle. Both current and new KIB customers can enjoy a wide array of benefits and products designed to meet all their needs, beginning with Dirwaza account, an investment saving account based on the Wakal ......read more

Kuwait, 26 January 2023: Al Ahli Bank of Kuwait (ABK) announced Sheikha Badreyah Sabah Al Salem Al Sabah as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 23 January 2023. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in the weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages everyone to open A ......read more

• All financial outlook metrics met in FY 2022 • Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies • Current cloud backlog exceeds €12 billion, up 27% and up 24% at constant currencies • IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022 • IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies • 2023 outlook anticipates accelerati ......read more

Happy New Year, to all our essence family out there! Let’s try to get the best out of ourselves this year. Our product range has everything that you need to create that amazing look. So let’s create some playfullooks this year with our resolution being NEW YEAR, NEW ME.  Let’s look at some of the hero products from essence Fall/Winter 2022 update that can help in creating that new makeup look;  Skincare is very important when it comes to applying makeup. essence’s HELLO, GOOD STUFF! PORE MINIMIZING Serum has a visible pore-refining effect and leaves skin feeling ultra-soft. The serum contains 95 percent natural ingredients and nourishes the skin with ......read more

Happy New Year, beauty lovers! Are you ready to ring in the New Year with a fresh, new look? This year, At CATRICE, we believe it's time to say goodbye to the old, embrace the new and become the best version of yourself. With CATRICE's Autumn/Winter 2022 collection, you'll be able to step into the new year feeling confident and radiant. Try these four must-have products from our Autumn/Winter 2022 collection and see the difference for yourself.  Start by making your eyes pop with our CATRICE Khol Kajal Waterproof. This long-lasting kajal pencil is perfect for creating a dramatic, smoky look that will turn heads. To complement this Kajal pair, it with the CATRICE Boost Up ......read more

With Eye Comfort 2K FullView Display, Powerful 6nm Octa-Core processor, and Immersive Sound to boot, the new entry-level tablet from Huawei gets everything right Kuwait - January 25, 2023:  There are many things in life for which you need something bigger than a smartphone, yet a laptop might be overkill or even an encumbrance. Sitting halfway between laptops and smartphones, tablets are often the perfect devices for such situations. You just need to make sure to get one that fits your needs and budget just right. However, a vibrant display, immersive sound quality and handy smart features are always good to have. Recently, Huawei announced the HUAWEI MatePad SE, an entertainment t ......read more

The competition kicks off with Padel before moving on to the Fitness Challenge    Kuwait, 24 January 2023: Kuwait International Bank (KIB) is set to open its two-week-long professional tournament, The Stadium, today with a grand opening ceremony that begins at 7 pm. The event is set to take place from. January 25 to February 6 at Marina Beach. The Stadium tournament, organized in collaboration with Suffix Events, is set to span two weeks, from January 25 to February 6, and is divided into two parts.  The first part of the competition will be a Padel competition for Kuwait’s and GCC’s top Padel male and for Kuwait’s and GCC’s top female athletes ......read more

January 24, 2023:  With Valentine’s Day just around the corner, Pandora is celebrating how personal love can be, with pieces that honour the special connections we share with the ones we care about most. A heartfelt charm or sparkling design is just the thing to celebrate all the little ways we see, love and understand each other.   Every Pandora piece is designed to be so personal and special that it will hold a different meaning for each individual receiver - by reminding them of a special memory, event, or person.   By putting these memories and symbols together, fans can style, wear and treasure their very own unique love stories this Valentine’s Day. &nbs ......read more

As part of its commitment to help customers monitor their budgets in an effort to promote saving habits Kuwait, 23 January 2023:  In an effort to help customers begin the year with a solid financial plan to achieve their New Year goals, Burgan Bank announced it has rolled out upgrades to Spending, its personal finance management digital solution. In line with Burgan Bank’s strategy, Spending aims at promoting smarter financial habits by facilitating the management of customers’ personal finances – as well as the tracking, organization, and analysis of their expenditures anytime and anywhere. With the start of the new year, Spending gives Burgan Bank customers the ......read more

- The fourth-generation model builds on 20-year heritage and caters to the needs of families and adventure-seekers in the region   - Designed as a premium urban crossover, the all-new model features a new engine, striking design and advanced technologies within its segment     Kuwait - January 23, 2023: – Abdul Mohsin Abdulaziz Al-Babtain Company, the authorized dealer of Nissan vehicles in Kuwait, launched the all-new 2023 Nissan X-TRAIL in Kuwait, following the Middle East launch of the new model in Saudi Arabia on 16 January 2023.    Developed as a premium urban crossover, the all-new X-TRAIL furthers the brand’s commitment to intr ......read more

With participating athletes from across GCC competing in Padel and fitness challenges    Kuwait, 21 January 2023: Kuwait International Bank (KIB) recently announced that it will be organizing and hosting the professional tournament, The Stadium, marking the first and biggest sporting event of its kind for men and women in Kuwait, with competitors hailing from Kuwait and the GCC. The event is set to take place from. January 25 to February 6 at Marina Beach. The news was announced at a press conference that was attended by Othman Tawfeqe, General Manager of the Retail Banking Department at KIB, Marwa Marafie, Assistant Manager of Marketing and Corporate Communication at KIB, Ahme ......read more

Kuwait: 19-1-2023:  Kuwait-based Arab Investment & Export Credit Guarantee Corporation (Dhaman) signed a memo of understanding (MOU) with Export Credit Greece (ECG) for bilateral cooperation and exchange of information to promote trade and investment between Kuwait and Greece. The MOU was signed by Director-General Abdullah Ahmad Al-Sabeeh on behalf of the Corporation, and Greek Deputy Foreign Minister for Economic Diplomacy and Openness Konstantinos Fragkogiannis on behalf of Export Credit Greece (ECG). The corporation’s  director-general welcomed cooperation with the Greek agency, and the signing of the MOU, stressing Dhaman’s willingness to strengthen its r ......read more

The smart family entertainer tablet boasts solid features like Eye Comfort 2K HUAWEI FullView Display, Powerful 6nm Octa-Core processor, Immersive Sound and more Kuwait - January 19, 2023:  Huawei Consumer Business Group announced today the release of its newest entry-level tablet. The HUAWEI MatePad SE 10.4-inch, a versatile tablet designed for household use, and offers a treasure trove of new home entertainment capabilities. The new-generation HUAWEI MatePad SE 10.4-inch is everything consumers have come to expect from a tablet, giving users the freedom to watch and browse with ease. Notably, the HUAWEI MatePad SE comes with a wealth of new online learning, e-book reading, and news ......read more

Kuwait, 19 January 2023: Al Ahli Bank of Kuwait (ABK) announced Abdulghaffar Ahmad Al Humoud as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 16 January 2023. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages everyone to open Alfouz draw account and/or incre ......read more

The homegrown investment platform from The Securities House offers all aspiring investors easy access to US market Kuwait - 17, January 2023 – Zad, a first of its-kind digital investment platform in Kuwait, has announced that it has officially launched, shaking up the investment game in the Kuwaiti market, and beyond. With the aim of fostering the investment culture and making investment accessible to all, Zad caters to both seasoned investors and market novices. The intelligent user-driven platform simplifies the investment and trading process through self-directed trading, whereby clients can buy or sell any stock or assets they personally choose. It provides the tools, the highe ......read more

Nissan Al Babtain celebrates the New Year with an amazing offer Kuwait - Jan 12, 2023:  Abdul Mohsen Abdulaziz Al-Babtain Company, the authorized dealer of Nissan cars in Kuwait, is pleased to reveal its exclusive promotions for the brand-new Nissan Patrol 2023, featuring a generous cash gift of KD 500. In addition to this, customers who purchase the Patrol V8 model can take advantage of more benefits, such as complimentary maintenance for a period of 5 years or 100,000 km, an extended 5-year warranty, and 5-year roadside assistance, all of which are designed to offer complete peace of mind for the customers. The offer is a special New Year treat from Nissan Al-Babtain to all the ......read more

Every legend has its origin, and the legend of Kanz has its origin rooted in Burgan Kuwait, 16 January 2023:  In an impressive Kuwaiti production, Burgan Bank crowned its first millionaire, with a unique musical performance and an unprecedented experience for a bank-orchestrated prize draw. KAID FAKHRUDDIN and/or SALIM KALIMUDDIN (joint account), were the ultimate lucky winners who walked away with the KD 1,500,000 prize in the first Kanz account annual mega draw. The draw was hosted at the drama theatre of the Sheikh Jaber Al-Ahmed Cultural Centre (JACC), under the supervision and in the presence of a representative from the Ministry of Commerce and Industry. It serves to ......read more

- CNN Business Arabic delivers global economic, business and finance news and analysis to millions of Arabic speakers across the globe   Dubai, 15 January 2023: CNN Business Arabic (CNNBA) has officially launched today. The dedicated digital business platform is set to be the go-to source of business and economic news, facts and analysis in Arabic, covering areas of interest to the world’s Arabic speakers. The new media outlet covers a wide range of sectors including sustainability, green investment, cryptocurrency, Web 3.0, real estate, energy, technology and more. CNNBA is available online at CNNBusinessArabic.com and on leading social media platforms.   CNN Bus ......read more

For USD 125 million   Mr. Masoud M.J. Hayat,  Vice Chairman and Group CEO of Burgan Bank Kuwait - 12, January 2022:  Burgan Bank has received approvals from Central Bank of Iraq to sell its ownership stake of 51.8% in Bank of Baghdad to Jordan Kuwait Bank. Burgan has therefore completed all the necessary regulatory approvals to execute and conclude the sale. Burgan has agreed the transaction terms with the buyer and is now expected to complete all required legal documentations and Iraqi Stock Exchange requirements over the next few weeks. Mr. Masoud M.J. Hayat, Vice Chairman and Group CEO of Burgan Bank commented saying “The decision of selling our stake in B ......read more

Abdulaziz Borhamah, one a small number of Kuwaitis to obtain the diploma     Kuwait, January 11, 2023: Kuwait International Bank (KIB) announced that its Assistant Compliance Manager at the Regulatory Compliance Department in KIB, Abdulaziz Borhamah, has been certified and awarded an International Diploma in Governance, Risk and Compliance by the UK-based International Compliance Association (ICA) at a ceremony held in London.   Abdulaziz is one of only a small number of Kuwaitis to obtain the diploma, which is accredited by the University of Manchester and recognized as one of the most important regulatory compliance certifications in the world. The qualificati ......read more

High resolution sound with long lasting battery life and amazing Active Noise Cancellation Kuwait - January 11, 2023:  Watching videos that are a little fuzzy, although not enjoyable, is still bearable. But bad audio is always a big no-no. Since everybody these days is watching shows and movies while commuting, it is ever more important to have a good pair of wireless earbuds with high quality sound and active noise cancellation. Preferably with long battery life, as well, to hold up to the increasing demands of modern life. The newly launched HUAWEI FreeBuds 5i have all the features to provide an immersive and enjoyable audio experience, complete with Hi-Res sound, incredible batter ......read more

As part of its pioneering social responsibility program  Kuwait, 10 January 2023 - As part of its comprehensive social responsibility strategy, Kuwait International Bank (KIB) has sponsored the Disabled Fencing Championship final (Failaka One) which is organized by the Kuwait Disabled Sports Club. KIB’s pioneering social responsibility program has long focused on empowering people with disabilities, supporting them and sponsoring the activities and initiatives offered to them, in the Bank’s absolute belief of them being an integral group of the Kuwaiti society.  In his comments on the occasion, Fahad Al Sarhan, Senior Manager from the Marketing Department and th ......read more

Kuwait -11, January 2023: Al Ahli Bank of Kuwait (ABK) announced Nourah Jumaan Al Mutairi as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 9 January 2023. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages everyone to open Alfouz draw account and/or increase ......read more

Kuwait - January 10, 2023:  Huawei recently introduced the new HUAWEI MatePad SE, and there is a lot to love about this tablet. It is a family-first device that caters for people of every age and includes features that ensure the safety of young users. It comes with a 10.4-inch 2K FullView Display, a powerful 6nm Octa-core processor, immersive sound, and a host of other smart features. In short, the HUAWEI MatePad SE is the ideal choice for anyone looking for an affordable and versatile tablet that everybody in the family can use. The HUAWEI MatePad SE will be available in Kuwait on the 19th of January at a price of KWD 47.9 from Huawei’s online platforms as well as certified r ......read more

10, January 2023:  The International Air Transport Association (IATA) announced that the air travel recovery continued through November 2022.    • Total traffic in November 2022 (measured in revenue passenger kilometers or RPKs) rose 41.3% compared to November 2021. Globally, traffic is now at 75.3% of November 2019 levels.  • International traffic rose 85.2% versus November 2021. The Asia-Pacific continued to report the strongest year-over-year results with all regions showing improvement compared to the prior year. November 2022 international RPKs reached 73.7% of November 2019 levels.  • Domestic traffic for November 2022 was up 3.4% com ......read more

Pandora enters the new year through a new chapter of craftsmanship and style, with the launch of the Moments Studded Chain. Uniquely crafted by Pandora as a brand icon, the Moments Studded Chain carves a new avenue for limitless styling and storytelling; developed more than two decades following the iconic Pandora Snake Chain, which made the Danish band world renowned. A PINNACLE OF CRAFTSMANSHIP Combining craftsmanship and innovation in design exclusive to Pandora, the Moments Studded Chain offers a completely different texture and canvas for styling your stories. Designed with pyramid-shaped and spherical studs to capture and reflect light, the Moments Studded Chain creates a textural ......read more

Kuwait - 09, January 2023: Al Ahli Bank of Kuwait (ABK) participated in Watheefti Career Fair, the largest and first national-level fair in Kuwait with the aim of developing Kuwait’s manpower and encouraging young Kuwaitis to build their careers in the private sector.  Held at The Arena in 360 Mall from the 5th to the 7th of January, Watheefti closely reflects ABK’s social responsibility objectives of empowering Kuwait’s youth and securing their future by providing them with the right opportunities to grow and make their dreams a reality through employment in the private sector, specifically within the banking industry.  Over 80 companies participated i ......read more

Filter out noise and immerse yourself in the sound you want wherever you may be Kuwait - January 09, 2023:  From listening to songs, watching dramas to gaming and online meetings – audio is an indispensable part of our lives. Therefore, being able to enjoy high quality audio regardless of where you are and without any fuss can be a real blessing. Fortunately, the brand new TWS earbuds HUAWEI FreeBuds 5i are here to provide you with a reliable and powerful audio experience. They feature excellent sound quality with the Hi-Res certification – one of the very few earbuds to do so for KWD 24.9. On top of that, they come with long battery life, support dual-mic ANC and many ot ......read more

The Bank kicked off 2023 with a new milestone underscoring its commitment to human capital development   Kuwait - 9, January 2023:  In a major recruitment initiative, Burgan Bank recently participated in Watheefti, the largest career fair of its kind in the country, which took place at The Arena Kuwait. This event served as an important initiative with which Burgan Bank kicked off the new year; once again reaffirming its commitment to human capital development and the investment in national talents. Considered one of the biggest recruitment gatherings in Kuwait, Watheefti witnessed remarkable participation from some of the biggest names and brands, from both the public and ......read more

Kuwait, 7 January 2023:   In a first for the Banking industry in Kuwait and in a unique artistic endeavor, Burgan Bank is preparing to unveil a grand theatrical production, entitled "A fantasy journey and a legendary treasure hunt with Burgan’s Kanz". The show is set for its premiere and one-night exclusive performance on January 12th, on the stage of the Sheikh Jaber Al-Ahmad Cultural Center. The play tells a story inspired by the history and heritage of Kuwait, in a special production by Burgan Bank in collaboration with Partners, featuring a company of talented young Kuwaiti artists. In the closing act of the play, the Bank is set to crown its first milliona ......read more

As part of its belief in the importance of all society members and to enhance their role in its development   Kuwait, 5 January 2023:  Under the patronage and in the presence of His Excellency Sheikh Fawaz Al-Khaled Al-Hamad Al-Sabah, Governor of Ahmadi, Burgan Bank recently concluded its sponsorship of Ahmadi Governate’s Fourth Annual Day of People with Disabilities event. This yearly tradition is organized to mark the International Day for People with Disabilities as designated by the United Nations on the third of December each year. Held at Kuwait Magic Mall, in partnership with the Public Authority for People with Disabilities, the event was attended by His Excellenc ......read more

This strategic alliance will support digitizing government services, migrate national data securely to the cloud, and set up a national digital skills program Google Cloud announces its intent to open a cloud region in Kuwait Kuwait City, Kuwait, January 5, 2023 - Google Cloud announced today a strategic alliance with the Government of Kuwait to roll out a comprehensive digital transformation roadmap across governmental entities and key state-owned enterprises. The alliance will enable the Government of Kuwait to leverage Google Cloud’s innovative technology and expertise in data analytics, cybersecurity, and artificial intelligence (AI) to deliver on its commitment to make digitiz ......read more

Expanding the scope of services offered to its premium customers   Kuwait, 4 January 2023:  In a new milestone for the Bank, Burgan Bank announced that it was recently granted a license to offer wealth management services to its clients by the Capital Markets Authority (CMA). The license, issued as a preliminary approval that’s valid for six renewable months, marks a new chapter for Burgan Bank in its pursuit of comprehensive financial excellence and offering premium advisory and management solutions to its elite clientele. According to the initial approval under CMA resolution No. 200 of 2022, Burgan Bank is now licensed to offer its clients a new range of services ......read more

04 January 2023:  “Several countries are introducing COVID-19 testing and other measures for travellers from China, even though the virus is already circulating widely within their borders. It is extremely disappointing to see this knee-jerk reinstatement of measures that have proven ineffective over the last three years.  Research undertaken around the arrival of the Omicron variant concluded that putting barriers in the way of travel made no difference to the peak spread of infections. At most, restrictions delayed that peak by a few days. If a new variant emerges in any part of the world, the same situation would be expected.   That’s why governme ......read more

For the ninth season in a row   Kuwait, 2 January 2023:  Burgan Bank announced the renewal of its sponsorship of Tareq Al-Qallaf, Kuwait’s wheelchair fencing world champion, for the 2023 season, marking the Bank’s ninth consecutive year of support. The sponsorship of the national sports hero comes as part of the Bank’s comprehensive social responsibility program, which includes dedicated efforts to support Kuwait’s disabled athletic talents; enabling them to receive adequate training that qualifies them for competing locally, regionally, and internationally in pursuit of athletic success. Throughout his years of professional wheelchair fencing, Al-Q ......read more

January 02, 2023:  With the new Spider-Man collection from Marvel x Pandora, it’s easier than ever to express your love for the iconic hero. Everyone’s favourite webslinger gets the jewellery treatment with intricately designed pieces featuring details every Spider-Man fan will appreciate.   Including a bracelet inspired by Spider-Man’s iconic mask, sparkling studs and charms that capture the hero’s dynamic movements, the styles present a fresh way of incorporating the beloved hero into your everyday look.   “We were super inspired by the universe of hip-hop and youth culture, but also the coolness and art of old-school comics” explain F ......read more

Powered by Blue Aviation exclusively for Black segment customers Kuwait, January 1st, 2023:  Kuwait International Bank (KIB) is ending 2022 with an exclusive surprise for its Black segment customers. For the first time in Kuwait, KIB is offering Privileged Travel Services, powered by Blue Aviation, to provide a more comfortable travel experience with an integrated package of benefits that meet the needs of customers during their travel to their favorite destinations. Commenting on the initiative, Faisal Al-Shuwaired, Assistant General Manager of the Retail Banking Department – Head of Premier Banking, said, “We are committed to rewarding our elite customers, and toda ......read more

Kuwait, December 29, 2022:  Burgan Bank announced that it will closing all branches on Sunday January 1, 2023, on the occasion of the New Year’s holiday. The Bank will resume normal operating hours at all branches on Monday January 2, 2023. However, to accommodate Burgan Bank customers, the Airport Branch will continue to operate 24/7 during the holidays.    For more information about Burgan Bank’s products and services during the national holiday, customers can contact the customer service center at 1804080, via phone or WhatsApp. Customers can also continue to conduct their financial transactions easily and securely using the Burgan Bank mobile app or the onli ......read more

Kuwait, 28 December 2022 – Burgan Bank announced today that the Board of Directors, in its meeting held on December 27, 2022, approved the request from Mr. Masoud M. J. Hayat, to no longer renew his contract and depart his current position as Group Chief Executive Officer. Mr. Hayat will continue in his role for the remainder of the contract period, until April 10, 2023. In the same meeting, the Board of Directors also accepted the resignation of Mr. Raed Abdullah Al Haqhaq, from his current position as Deputy Group Chief Executive Officer and Chief Executive Officer – Kuwait. Mr. Al Haqhaq will continue in his role until February 28, 2023. The Bank noted that the Board’s ......read more

Deal Well Received and Oversubscribed in International and Regional Markets Kuwait, December 29 2022:  Al Ahli Bank of Kuwait K.S.C.P is pleased to announce it has successfully closed a 37-month USD 825 million Term Loan Facility, securing the largest financing related to a Kuwaiti financial institution since January 2010. The facility has been designed to be used for general corporate purposes and working capital requirements.  The syndication was launched in October and the facility was signed 30 November 2022 in Kuwait. The deal was well received in the international and regional markets and ABK succeeded in increasing the financing from the initial launch amount, aft ......read more

A look at the evolution of the segment-defying SUV over the past two decades   Kuwait (28 December 2022) – Following the global launch of the all-new, fourth-generation Nissan X-TRAIL and in anticipation of its Kuwait debut early next year, Nissan Al Babtain looks back at the decades-long journey of this benchmark-setting SUV and its reputation as the perfect companion for all adventures. Conceived as a compact SUV for a versatile lifestyle, the X-TRAIL’s popularity is built on performance-oriented styling, class-leading technology, and everyday utility, complimented with an engaging driving experience on all terrains.  The compact SUV’s unique ident ......read more

Boasting an Iconic Symmetrical Space Ring Design, ultimate Ultra Aperture XMAGE camera, Ultra-reliable Kunlun Glass and more Gone are the days of a smartphone being just a device that lets you communicate, take rudimentary photographs, and browse apps. Whether it is used to match your fashion sense, taking advantage of cutting-edge imaging technology to capture precious memories in pixel perfect quality, ultra-reliable performance, boosting productivity by working on and sharing files from your smartphone or enhancing your daily fitness routine – the modern smartphone needs to be able to do it all. One brand that has been continuously pushing the envelope on what is possible from a ......read more

Kuwait, 27 December 2022:  Burgan Bank has sponsored the fourth competition of the Kuwait Equestrian Federation (KEF) Tour for the 2022-2023 showjumping season, which was held at the Kuwait Riding Center (KRC) venue. The sponsorship falls under the umbrella of the Bank’s comprehensive social responsibility program which focuses on promoting and reinforcing the sports culture in Kuwait. On the first day of the league’s third competition, equestrian Abdullah Al-Awadhi was able to take first place, followed by the equestrians Maria Bousharri and Nick Channing in second and third places respectively. On the second day, equestrian Ali Al Kharafi won first place, followed ......read more

Kuwait - 27, December 2022:  Al Ahli Bank of Kuwait (ABK) announced Montaser Hassan Mohamed as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 26 December 2022. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in Kuwait’s highest single weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encou ......read more

In extension to its dedicated efforts to sound, sustainable ESG practices    Kuwait, 27 December 2022:  Kuwait International Bank (KIB) rounds up the year on a high note, announcing the release of its first Environmental, Social, and Governance (ESG) report, which offers a detailed account of the Bank’s dedicated and expansive ESG efforts throughout 2021. The report shares invaluable insights on the market and the Bank’s proactive commitment to interdisciplinary sustainability, showcasing its ability to adapt its practices in order to remain true to its social responsibility towards the community it serves – even in the direst times, as witnessed during 2 ......read more

In partnership with KACCH and BACCH   Kuwait - 26, December 2022:  Powered by its longstanding belief in people and community, Burgan Bank made a young palliative care patient’s lifetime dream of attending the World Cup a reality, with a trip to the semi-final match of the FIFA World Cup Qatar 2022. The initiative was part of the strategic partnership between Burgan Bank and the Kuwait Association for Care of Children in Hospital (KACCH) and Bayt Abdullah Children's Hospice (BACCH). Since its inception, Burgan Bank has carefully created and curated a comprehensive and well-rounded social responsibility program. The long-standing partnership with KACCH and BACCH c ......read more

Kuwait - 25, December, 2022:  Kuwait International Bank (KIB) has concluded a training for its employees on methods to discover counterfeit and forgery in banking documents, aiming at establishing and developing their skills in this pivotal area. The training included both theoretical lectures and practical application to give the Bank’s employees a through grasp of the topic. Commenting on program, General Manager of the Information Security, Privacy and Anti-Fraud Department at KIB, Basil Adeeb Al-Suwaidan, pointed out its desired goals;  which are to train bank employees on the modern means used to secure various bank documents, how to conduct an analytical study of s ......read more

Kuwait, 25 December 2022:  Burgan Bank announced the assignment of Mr. Mohammed Najeeb Al-Zanki the responsibility of managing the Financial Institutions Department, following the approval of the Central Bank of Kuwait (CBK) on December 6th, 2022, In addition to his current role as Head of Corporate Banking – Assistant General Manager at the Bank. Commenting on the new assignment, Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO – Kuwait at Burgan Bank, said, “We are happy to congratulate Mr. Mohammed Al-Zanki on his new leadership duties at the Bank, and we fully confident that his extensive banking and financial experience will cont ......read more

As part of its efforts towards advancing the local and regional banking sectors Kuwait - 24, December 2022:  Burgan Bank recently hosted the 8th annual Chief Risk Officer’s (CRO) conference in Kuwait, which was attended by the Burgan Bank Group Risk Heads, as well as CROs from various KIPCO Group owned Financial Institutions. This conference comes as part of the Bank’s efforts to play an active role in advancing and developing the banking sector in Kuwait, especially in terms of strengthening the country’s risk infrastructure. The conference opened with a welcome note from Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO – Kuwait ......read more

PREMIER PADEL’S FIRST SEASON CONCLUDES WITH TOURNAMENTS ON 5 CONTINENTS, ALL-TIME RECORD ATTENDANCES, BROADCAST STATISTICS AND PRIZE MONEY FOR THE PLAYER-DRIVEN TOUR 25, DECEMBER 2022:  Premier Padel concluded its first official season in Milan with great success, after a record-breaking year that has further elevated the sport of padel to unprecedented levels of global exposure, tournament attendance and professional support in all areas.  Premier Padel, governed by the International Padel Federation (FIP), backed by the Professional Padel Association (PPA), and supported by Qatar Sports Investments (QSI), has considerably boosted the sport’s growth and potent ......read more

In its latest awareness support to the national banking campaign: "Let's be aware" Kuwait - 26, December 2022: In a continually dedicated effort towards promoting financial literacy, Kuwait International Bank (KIB) recently published a series of informative articles and social media posts, briefly introducing its audience to some of the key principles that foster responsible customer protection practices. Demonstrating an ongoing support to the national awareness campaign: Let’s Be Aware, this included an overview of basic consumer rights and responsibilities when it comes to banking transactions and financial relations. Acting Unit Head of the Complaints and ......read more

Cutting-edge Ultra Aperture XMAGE Camera with 10-level adjustable physical aperture and pro-level bokeh – testimonials from regional photographers extol its performance Mobile photography has taken over the world; people are constantly documenting their lives with their smartphones. And brands continue to be in the race for the widest field of view, the biggest sensor, or the strongest low-light capability. Given these, we might think we have arrived at the pinnacle of mobile photography innovation. But have we? Enter XMAGE, a new in-house imaging brand representing the epitome of Huawei’s technical expertise in mobile photography. Debuting on the HUAWEI Mate50 Pro, the XMAGE ......read more

Kuwait, December 21, 2022:  Burgan Bank recently sponsored the 18th edition of the International Jewelry Exhibition, which took place at Kuwait International Fair in Mishref from December 14 to December 19, 2022.  As part of its continued commitment to provide ease and convenience, the bank facilitated various financial services for visitors at the exhibition through Burgan Bank’s KNET and point of sales machines to ease the shopping process for the visitors. Burgan Bank also worked closely with the General Administration of Customs and the Ministry of Commerce (MOC) to process fees collection and provide convenience to international exhibitors. In addition to the presence ......read more

Pandora celebrates the Holiday with hand-finished gifts worth a thousand words, that show your loved ones how much they mean to you. For gifts filled with meaning, Pandora Moments welcomes new updates to the much-loved star and snowflake motifs - with new designs such as the 14k gold-plated shooting star symbolising a nocturnal world full of wonder and warm wishes. For gifts sparkling with romance, Pandora Timeless goes back to nature—with an elegant new Herbarium motif that mimics the shapes of leaves and petals using a combination of stone cuts and shapes. Available in 14k rose gold plating and sterling silver, these classic yet modern jewellery box staples have a light, floati ......read more

Kuwait’s most iconic hospitality destination was awarded ‘Favourite Business Hotel’ shortly after opening The only Kuwait hotel to secure the impressive shortlist this year Kuwait, 21 December 2022 – Only a few months into its grand opening, Grand Hyatt Kuwait has carved a unique place for itself in Kuwait’s social and cultural circles. The hotel was recently named Favourite Business Hotel – MENA in the 2022 Condé Nast Traveler Middle East Readers’ Choice Awards.  Each year, Condé Nast Traveller Middle East recognises the very best of the travel industry with their annual Readers’ Choice Awards. The winners are selected from a shortli ......read more

Kuwait, 22 December 2022: Al Ahli Bank of Kuwait (ABK) announced Abdullah Sulaiman Al Mushouti as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 19 December 2022. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in Kuwait’s highest single weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages e ......read more

Boasting an Iconic Symmetrical Space Ring Design, ultimate Ultra Aperture XMAGE camera, Ultra-reliable Kunlun Glass and more Gone are the days of a smartphone being just a device that lets you communicate, take rudimentary photographs, and browse apps. Whether it is used to match your fashion sense, taking advantage of cutting-edge imaging technology to capture precious memories in pixel perfect quality, ultra-reliable performance, boosting productivity by working on and sharing files from your smartphone or enhancing your daily fitness routine – the modern smartphone needs to be able to do it all. One brand that has been continuously pushing the envelope on what is possible from a ......read more

Top Players from the Arab World to Compete Kuwait, 20 December 2022:  Al Ahli Bank of Kuwait (ABK) is pleased to announce its sponsorship of the Arab Masters Tennis Tournament 2022 organized by the Kuwait Tennis Federation. This championship is being held at Sheikh Jaber Al Abdullah Al Jaber Al Sabah International Tennis Complex from 20 to 27 December 2022.  Top ranked Arab players will take part in this year’s tournament. The matches will take place in the world-class open-air stadiums in the complex with a large spectator capacity. The matches will be broadcast on Kuwait TV, the official state channel, in addition to other TV and sports channels. Commenting on ABK& ......read more

Kuwait – 18 December 2022: Abdulmohsen Abdulaziz Al Babtain Company (AABC) sales team bagged the highest number of prizes in the Video Wave #4 competition organized by Nissan Middle East FZE (NMEF). This year, the competition was held in commemoration of the 70th anniversary of Nissan Patrol. The prizes were announced at a special ceremony held in Dubai in November.  The competition began in January 2022 and was held exclusively for Nissan Service Center sales’ teams across the region. This is the 4th in a series of the Video Wave competitions, and AABC has consistently put up a sterling performance in all the waves.  The Video Wave #4 posed a greater challenge th ......read more

Afshin discovered to be 6.86cm shorter than the previous record holder, Edward Niño Hernandez Dubai, United Arab Emirates, December 15, 2022, GUINNESS WORLD RECORDS™, the global authority on record-breaking, can today announce that 20-year-old Afshin Esmaeil Ghaderzadeh is the new Shortest man as verified on Tuesday, 13 December 2022, with a height of 65.24 cm (2 ft 1.68 in). Afshin was born in a remote village in Bukan County, West Azerbaijan Province in Iran.  The previous shortest man was Edward Niño Hernandez, who was born on 10 May 1986 in Bogotá, Colombia, measured 72.1 cm (2 ft 4.38 in) tall, as verified on 29 February 2020. Craig Glenday, Guinn ......read more

Huawei Consumer BG, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, successfully held the “Better Together 2023 Gathering” on Wednesday, 14th of December, 2022 in Four Seasons. The gathering’s objective was to strengthen the ties between Huawei and the media and its partners, while paving the way for greater understanding between them. Huawei Consumer BG had conducted a similar event last year, “Better Together 2022 Gathering” in which the company had presented its sustainable and high-efficiency innovations to the public.  The main highlight of this year’s media gathering was the ......read more

As part of its commitment to invest in its human capital through employing valuable cadres    Kuwait, 13 December 2022- ACICO Group, the leading manufacturer of building materials and construction and engineering services, recently announced the appointment of Vassilis Mavridis in the position of Chief Operating Officer, and Ahmed Hamed Al Nouri as General Manager of the Group’s AAC Block Factories. ACICO expressed its aspiration to the contribution of each of them in adding value to the performance of the company's operations, in a way that supports its strategic goals and future path. Commenting on the occasion, the company said that both Mavridis and Al Nouri ......read more

• Seventh generation model is its most powerful iteration to date with 400 horsepower and 475 Nm of torque • Iconic design pays homage to previous models while being built for the future • Exclusive launch event sees attendees embark on a journey through time at the world’s first Nissan Z Pop-up Museum   Abdul Mohsin Abdulaziz Al-Babtain Company, the authorized dealer of Nissan cars in Kuwait, took part at the Middle East premiere of the all-new 2023 Nissan Z held in Dubai.     The new model was revealed in the presence of VIPs, partners, media, and employees. The much-anticipated seventh generation of the iconic sports car made a r ......read more

Kuwait, 14 December 2022:  Al Ahli Bank of Kuwait (ABK) announced Hussain Faraj Ashkanani as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 12 December 2022. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in Kuwait’s highest single weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages e ......read more

A safer, more secure and private way to pay with iPhone and Apple Watch Kuwait City, Kuwait - December 13, 2022 — Mastercard today brings Apple Pay to its cardholders in Kuwait. Apple Pay is providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. Customers simply hold their iPhone or Apple Watch near a payment terminal to make a contactless payment. Every Apple Pay purchase is secure because it is authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security co ......read more

Al Hamra Business Tower celebrated its 10th anniversary on the 12th of December, 2012, marking a special moment in the journey of this iconic structure widely regarded as a symbol of Kuwait internationally.  The tower was inaugurated in the presence and under the patronage of HH the late Amir Sheikh Sabah Al Ahmad Al Sabah, along with the then Crown Prince Sheikh Nawaf Al Ahmed Alsabah  , Prime Minister Sheikh Jaber Al Mubarek, and  Head of Parliament Mr.Jasem Alkhurafi. At 413 meters with 80 levels, Al Hamra Tower is the tallest structure in Kuwait and stands out for its unique design that appears to fold into itself. While mesmerizing to watch, the innovative design al ......read more

Kuwait - Huawei announced the launch of the latest member of its flagship Mate series, the HUAWEI Mate50 Pro, and celebrated the fourth anniversary of the HUAWEI AppGallery in the MEA region. The HUAWEI Mate50 Pro comes equipped with a range of cutting-edge technologies, breaking new ground and expanding the scope of what users can expect from a smart device. The HUAWEI Mate50 Pro represents a major step forward in smartphone aesthetics, thanks to the symmetrical Space Ring Design. The HUAWEI Mate50 Pro also packs an Ultra Aperture XMAGE Camera, which boasts the first-ever 10-scale adjustable physical aperture and the most versatile photography capabilities ever seen on a HUAWEI Mate smar ......read more

December 8, 2022 in Dubai (UAE) ended the largest construction exhibition in the Middle East region - the Big 5 Show 2022. Here, 14 Russian companies producers of building materials have presented their products to potential buyers. The exhibition was held on the territory of the international exhibition and convention center - Dubai World Trade Center from 5 to 8 December 2022.  More than 150 b2b meetings were successfully held for Russian companies, where the Russian representatives had the opportunity to introduce their products in detail to local buyers.  Russian companies successfully exhibited at the Big 5 show 2022 sealing materials, board materials, woodworking pr ......read more

After much anticipation, the announcement of the HUAWEI Mate50 Pro is finally bringing a breath of fresh air to the smartphone world. Being the latest premium flagship smartphone from Huawei, it lives up to expectations with a myriad of ground-breaking innovations. So, if you want to make this festive season special for your loved ones, then why not gift them the futuristic tech flagship smartphone with the best Ultra Aperture XMAGE Camera, the HUAWEI Mate50 Pro? Here are four reasons why you should. The HUAWEI Mate50 Pro comes in two types of rear covers, glass and vegan leather. The glass cover is available in two colours, Silver and Black, while the vegan leather version comes in Orang ......read more

Kuwait, 7 December 2022: Al Ahli Bank of Kuwait (ABK) announced Abdulrahman Fahad Al Khalifah as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 5 December 2022. The draw was held under the supervision of the Ministry of Commerce and Industry  The Alfouz draw account offers ABK customers the chance to win life-changing rewards. With Alfouz, ABK customers will get a chance to win KD10,000 in Kuwait’s highest single weekly draw and the ultimate grand prize of KD5,000 monthly additional income for 10 years. Both new and existing ABK customers can benefit from this opportunity, with a minimum account balance of KD100 only. ABK encourages eve ......read more

To promote financial literacy and banking awareness amongst bank customers and within the community at large Kuwait, December 4, 2022:  Burgan bank is continuing its support of the “Let's Be Aware” (Diraya) financial awareness campaign, sponsoring and participating in various internal and external activities to promote the campaign’s key messages. In line with the Bank’s social responsibility program and under the umbrella of its sustainability platform, Burgan showcased the campaign recently during its participation in the Grand Prix of the Kuwait Equestrian Federation (KEF) Tour, as well as the Australian University (AU) Career Fair, Dar Al Dar Al-Athar ......read more

Kuwait, Dec 3, 2022: Burgan Bank announced today the names of the winners in the monthly draw for its Kanz Account, who will each take home a KD 1,000 cash prize. All Kanz customers, who maintain a minimum balance of KD 200 for at least one week prior to the draw date, are included in the draw. The higher the balance, the greater the chances for winning, as every KD 25 deposited into the account equals one chance in the draw. The 20 lucky winners were: Fatheyyah Jasem Mohammad Fahad Jawad Alarbash Sayed Reza Nia Olesya Cherkasova Aliah Ahmad Alqatami Therese El Hamodh Essa Yousef Alshamali Ali Habib Esmael Ahmad Hasan Mohammed Belal Mohammad Ghaddar Hussain Abdalamir Alamir ......read more

As part of its Prostate Cancer Awareness Month campaign, and in line with its social responsibility program Kuwait, December 1st, 2022  Burgan Bank organized a health awareness workshop on prostate cancer for its staff, in collaboration with Kuwait Hospital, as part of its activities for the month of November on prostate cancer awareness. Held at the Bank’s head office, the workshop aimed at spreading awareness among employees about the disease, and shedding light on ways to prevent it. This comes as part of Burgan's comprehensive social responsibility strategy, and its continuous efforts to ensure the welfare of its employees, as one of its main strategic pillars.  ......read more

As part of its financial literacy efforts in raising the public awareness on the Kuwaiti banking sector’s products and services in a bid to support the local economy                 Kuwait, November 28th, 2022:  Burgan Bank concluded its participation in the Public Authority for Housing Welfare (PAHW) Expo which hosted Kuwait’s local banks at the Authority’s headquarters, in an effort to introduce the institution’s staff to the diverse banking products and services available in Kuwait. Burgan Bank’s participation comes as part of its commitment to raising the public awareness on the banking sector’s pro ......read more

Kuwait, 28 November 2022: Stemming from a sincere commitment to their social responsibility roles - and in celebration of Back-to-School season and the return to a pre-COVID sense of normalcy - Grand Hyatt Kuwait and Hyatt Regency Kout Mall, in collaboration with Al-Kharafi Center for Kids with Special Needs, hosted a joyous brunch for 60 differently-abled children. The event, which featured a number of fun activities, aimed at getting the children excited and ready for the long-awaited normal return to the school year, following the two-year COVID-19 mandated closure of schools and recreational facilities. Commenting on the event, Philma Gomes-Ellis, Cluster Director of Sales and Marketi ......read more

KUWAIT CITY – 29 November 2022 – As they continue to garner international industry recognition, Kuwait's development projects remain an industry benchmark of opulence, exhibiting superior standards of design excellence, construction quality, and world-class delivery. In this regard, world-renowned media and business intelligence platform, MEED, recently revealed the national winners of its prestigious annual MEED Projects Awards, crowning the State’s first Waldorf Astoria hotel as “National Hotel Project of the year in Kuwait - 2022”. Having demonstrated remarkable success within the numerous key evaluation criteria set by MEED’s panel jury, the h ......read more

A testament to its commitment to its social responsibility strategy and women empowerment Kuwait, November 28th, 2022:  Burgan Bank announced its participation in the annual United Nations (UN) campaign, Orange the World, which spans two weeks in support of the United Nation’s (UN) comprehensive initiative for ending violence against women and girls. Similar to other state-owned buildings in Kuwait, the Bank will light its headquarters up in orange, in adherence and commitment to its social responsibility strategy. The Bank aims, among other goals, to empower women, end all forms of violence against them, and create an overarching positive change within Kuwait’s society. ......read more

The beverage brand is the first in Kuwait to locally manufacture 100% recycled plastic bottles – excluding caps and labels –, and the launch is the next milestone in PepsiCo’s efforts to expand the presence of recycled bottles in the Gulf Cooperation Council (GCC)  Sunday, November 27th, 2022, Kuwait: Consumers in Kuwait will now be able to enjoy Diet Pepsi® in 100% recycled plastic bottles, as PepsiCo continues its expansion of sustainable packaging alternatives in the GCC, amid rising consumer consciousness around sustainability and regional government priorities.  Pepsi is the first beverage brand in Kuwait to introduce locally manufactured, 100% recy ......read more

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