As part of its support of CBK’s banking awareness campaign ‘Let’s Be Aware’   Kuwait, 21 September 2023: For the third year in a row, Kuwait International Bank (KIB) announced its continuous support of the ‘Let’s Be Aware’ (Diraya) financial awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. The Bank’s steady support stems from its constant keenness to develop the financial culture of its customers and spread banking awareness among all targeted segments of society. KIB recently set up a booth at the headquarters of Ooredoo Kuwait to intr ......read more

Nissan elevates engine performance and protection with Nissan Genuine® Motor Oils   API SP-standard 5W30 grade delivers enhanced acceleration and fuel efficiency, while combating low-speed pre-ignition and timing belt wear   Doha, Qatar (17 September 2023) – As part of its commitment to providing customers with a comprehensive aftersales offering in the region, Nissan presents a uniquely-formulated genuine motor oil to elevate engine performance and protection of vehicles. Topping the Nissan Genuine® Motor Oil (NGMO) portfolio, the locally blended, fully synthetic 5W30 oil boasts a balanced viscosity to reduce starting friction and timing belt wear at lowe ......read more

Offering exclusive discounts on Careem rides to and from Sultan locations Kuwait, September 17, 2023: Careem, the region’s Everything App, announced a new partnership with Sultan to help facilitate easier transportation exclusively for the renowned retail grocery chain’s customers. As part of the partnership, Careem will be offering a 30% discount to locals, residents, and visitors who choose to use its ride-hailing service while traveling to and from any Sultan branch and location in Kuwait, up to four times every month.  Sultan customers can benefit from the discount by downloading the Careem application and inserting the promo code “SULTAN30” before reques ......read more

As part of its comprehensive customer satisfaction strategy Kuwait, 18 September 2023: In continued efforts to elevate its banking experience to higher levels of quality and excellence, Kuwait International Bank (KIB) announced the launch of two new features to its suite of contact center services, which aim to add more ease and convenience to every customer interaction. This comes as part of the Bank’s overarching strategy for achieving holistic banking distinction that resonates in every touch point with the customer.  Recognizing the convenience of texting as a means of communication, KIB introduced the WhatsApp interactive service, which allows customers to skip all hotl ......read more

Kuwait, 17 September 2023: Kuwait International Bank (KIB) announced the five lucky winners of the second prize draw held under its exclusive ‘Surprises for Every Season’ campaign, which is based on customers’ transactions throughout August. In partnership with global digital payments leader, Visa, the campaign is dedicated to rewarding KIB’s Visa Credit, Prepaid or Debit Card holders, reaffirming the Bank’s commitment to enhancing its customers’ banking experience.  The first winner of the second draw, Abdullah Ahmad AlKandari, became the owner of a SuperJet from Yamaha. The second winner, Omar Sami AlFuraih, received four fully paid round-trip ......read more

The best account of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws    Kuwait, 16 September 2023: Kuwait International Bank (KIB) announced the names of the winners in the eighth Al Dirwaza account monthly draw, based on customers’ August deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Abdulwahab Ali Abbas Redha won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Sharefa Ahmed Ali AlKandery, Yousef Abdullah Mohammad Ahmad, Basmah Salem AlOthman, Naser Abdulrahman Ahmad AlAhmad, Semri Mohammad ......read more

Kuwait, 13 September 2023:   As the Back-to-School season approaches, Ooredoo Kuwait, the leading telecom company, is thrilled to shine a spotlight on its esteemed 'Nojoom' loyalty program and its ongoing partnership with Jarir Bookstore Kuwait. Jarir Bookstore is renowned for its expansive product selection and enticing offers, making it the perfect destination for a rewarding Back-to-School shopping spree. Their product categories span across Electronics, Arabic and English Books, Office and School Supplies, as well as Art and Crafts. Flourishing since its inception in 2018, the partnership between Ooredoo Kuwait and Jarir Bookstore has been enabling Ooredoo users t ......read more

As part of its committed support to CBK’s ‘Let’s Be Aware’ campaign Kuwait, 13 September 2023:  In a new effort to raise awareness about financial literacy and secure banking practices, Burgan Bank, represented by Mohammad Al Sarraf, Assistant Manager of Corporate and CSR Communications, recently took part in a lively and informative conversation on the Marina FM show, Diwaniya. The radio appearance comes as part of Burgan Bank’s comprehensive social responsibility program and its ongoing support of the “Let’s Be Aware” (Diraya) campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in ......read more

Stemming from its faith in the importance of customers’ awareness of their rights and responsibilities, as part of its support of the ‘Diraya’ campaign   Kuwait, 12 September 2023: Kuwait International Bank (KIB) announced its continued support of the banking awareness campaign, ‘Let’s Be Aware’ (Diraya), which was initiated by the Central Bank of Kuwait (CBK) in cooperation with Kuwait Banking Association (KBA). Since the launch of Diraya, KIB has contributed to the campaign’s success by raising customers’ awareness of the various personal funding services and products that the Bank offers, as well as the differences between the manda ......read more

The tragic earthquake that has struck Morocco has devastated significant parts of the country and killed and injured thousands of people. As part of the international relief effort, the aviation industry is playing a vital role, in the rapid delivery of humanitarian aid to Morocco. IATA’s Regional Vice-President for Africa-Middle East, Kamil Al-Awadhi, expressed condolences of the aviation community to the people of Morocco. "The heart-breaking impact of this tragedy in Morocco has been felt worldwide. On behalf of IATA's member airlines, we extend our heartfelt sympathies to all those affected,” he said. “Our thoughts remain with the communities impacted by thi ......read more

Kuwait, 10 September 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 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:  • ABBAS AHMAD ALHADDAD • HANY RADY ZARIF • KADHEM MOUSA ALSARRAF • ASMAHAN MOHAMMAD QABAZARD • ABDELAZIZ AHMED ABDELAZIZ • NEDHAM AHMAD ALKHAYAT • ABDULLAH HEZAM ALDHAFEERI • MANSOURAH RASHEED ALRASHDAN • HAMAD MOHAMMED ALSAAD ......read more

Kuwait, 10 September 2023: Kuwait International Bank (KIB) concluded the Field Training and Part-Time Work Program for Fresh Graduates, which was organized in cooperation with Al Fintass Co-Operative Society and Sabah Al-Ahmad City Co-Operative Society. This training came within the framework of the Bank's strategy that aims to focus on training and qualifying participants to contribute to the work of the sales and customer service sector at KIB’s Retail Banking Department. Commenting on the initiative, Head of Central Sales at KIB, Abdulaziz Al-Shammari, said: “This training program has achieved all the desired results. It enabled freshly graduated Kuwaiti youth to get ......read more

Ensuring seamless adaptation to the new strategic direction   Mr. Manaf Khaled Al-Menaifi General Manager of Strategic Planning and Monitoring Kuwait, 9 September 2023:  In line with its ongoing commitment to empowering Kuwaiti talents within its leadership team, Burgan Bank has announced the establishment of the Transformation Unit under the leadership of Mr. Manaf Khaled Al-Menaifi. In addition to his current role as the General Manager of Strategic Planning and Monitoring, Mr. Al-Menaifi will spearhead the Bank's strategic transformation efforts in his expanded role.  The creation of the Transformation Unit follows the approval of Burgan Bank's Board ......read more

Kuwait, 9 September 2023: In a bid to uphold its committed support of the Let’s Be Aware “Diraya” campaign, Kuwait International Bank (KIB) announced setting up a booth at the Kuwait Bar Association headquarters with the purpose of raising awareness of fundamental financial literacy, as well as the Bank’s services, products, and special offers. Realizing the central role that financial literacy plays in the success and growth of Kuwait’s society, the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Banking Association (KBA) launched “Diraya”, which continues to run for its third consecutive year.   In light of KIB’s late ......read more

Kuwait, 6 September 2023: Kuwait International Bank (KIB) announced the name of the winner of its Al Dirwaza digital account opening campaign for the month of August, whereby customer Ahmad Saleh Ahmad Alnamash won the draw. This draw comes as part of the Bank’s renewed campaign that is designed to provide a distinctive digital banking experience and reward customers who open an Al Dirwaza account through its digital platforms, whether KIB Online or the KIB Mobile application. On this occasion, Nawaf Al-Khrayef, Assistant General Manager of the Retail Banking Department at KIB, said: “We continue to announce new winners of the draws and prizes of this distinctive campaign on ......read more

In collaboration with INJAZ and as part of the Bank’s efforts to advance education and training and support micro-enterprises Kuwait, 5 September 2023: Kuwait International Bank (KIB) recently concluded the activities of its summer camp designed specifically for its employees’ children and relatives. Organized in collaboration with INJAZ Kuwait, the KIB Summer Camp stems from the Bank’s firm belief in the power of education and training in the KIB Life Academy. The step comes as part of KIB’s eagerness and commitment to support entrepreneurs and micro-enterprises in line with government directives to encourage entrepreneurship among Kuwaiti youth within the framewo ......read more

Enabling the collection of payments through a smart device app Kuwait, 4 September 2023: Kuwait International Bank (KIB) announced offering a digital point of sale service, SoftPOS, for its business-owning customers. The new service enables them to collect payments using an innovative app for smart devices, developed by the Shared Electronic Banking Services Company (KNET) specifically for this purpose.  Commenting on the service, Abdullah Mubarak AlShatti, Head of Merchants, Retail Banking Department, said: “As one of the most advanced payment technology solutions, the SoftPOS service reflects KIB’s commitment to keeping up with the latest digital innovations. This ......read more

4 September 2023, Kuwait: Menzies Aviation, the leading service partner to the world’s airports and airlines, has successfully extended its agreement with Jazeera Airways, the leading low cost carrier in Kuwait. The announcement marks the next step in an expanding partnership with the Kuwaiti airline, which includes passenger, ramp, and air cargo services at seven airports in five countries. At Kuwait International Airport (KWI), the extended five-year agreement will see Menzies Aviation, operating as National Aviation Services (NAS) at KWI, continue to deliver ground and air cargo handling services, managing more than 1,400 flights a month. In addition, it will oversee the airlin ......read more

As a part of its comprehensive social responsibility program  Kuwait, 3 September 2023: As part of its ongoing efforts to embed the principles of environmental sustainability into society, Kuwait International Bank (KIB) announced launching an awareness campaign in collaboration with AlBohayra Farm, one of the leading agri-tourism farms in the Middle East. Under the slogan ‘Plant Life with KIB’, the campaign comes as part of the Bank’s comprehensive social responsibility program. Commenting on the new collaboration, Abdulaziz Althawab, Marketing and Corporate Communications Specialist at KIB, said: “This special collaboration with AlBohayra Farm is a test ......read more

Kuwait, September 2nd, 2023: As the school year is right around the corner, all the students are gearing up for an exciting transition. In sync with this sentiment, Ooredoo Kuwait is thrilled to announce their "Back to School" offers, designed exclusively to meet the diverse needs of students and their valued parents. Ooredoo has carefully crafted an assortment of attractive deals to ensure that this academic year is marked by seamless connectivity, enhanced learning experiences, and productivity. Their range of offerings has been thoughtfully curated to cater to the varied demands of students and learners, allowing them to step into the new academic year with confidence. Sta ......read more

Kuwait, 2 September 2023: Kuwait International Bank (KIB) announced its diamond sponsorship of the 2023 Arab Banking Conference, organized by the Union of Arab Banks (UAB) and set to be hosted by the Saudi capital Riyadh on the 4th and 5th of September. Taking place in Hilton Hotel, and under the slogan “Arab Economic Outlook in Light of International Changes,” the conference will be attended by an elite group of leaders and specialists in the banking sector. Commenting on the occasion, Othman Tawfeqe, General Manager of the Retail Banking Department at KIB, said: “This conference is a golden chance for banks and participating entities to share ideas and information ......read more

As part of the Bank’s ongoing strategic focus on human capital development and investment in local talents   Kuwait, 27 August 2023:   As part of the Bank’s strategic focus and long-term commitment to investment in local talents, Burgan Bank announced the promotion of Mr. Mohammed Najeeb Al-Zanki to the role of General Manager of Corporate Banking, after receiving the necessary approvals from the Central Bank of Kuwait (CBK). In his new role, Mr. Al-Zanki will lead the Bank’s Corporate Banking activities, helping drive growth, expansion and service elevation in what is one of Burgan’s most important sectors. This announcement is the latest in a s ......read more

In continued efforts to achieve customer satisfaction through innovating comprehensive services   Kuwait, 26 August 2023: Kuwait International Bank (KIB) announced that its Retail Banking Department continues to spare no effort to provide its customers with a wide range of innovative and comprehensive digital services that adhere to the highest international standards and the latest technologies across the global banking industry. This is further supported by the Bank’s relentless effort to build and reinforce a reliable and advanced digital infrastructure, capable of ensuring a smooth banking experience for all customers, and with it guaranteeing the highest levels of custome ......read more

With customized benefits and integrated banking services in one platform Kuwait, 23 August 2023: Kuwait International Bank (KIB) announced the relaunch of its digital platform, KIB Mobile, dedicated to personal banking customers. The revamped application comes as part of the Bank’s comprehensive digital strategy, which includes introducing new services and products that keep pace with the digitization process and its developments in the banking sector. This step emphasizes KIB’s continuing efforts toward improving the banking experience for all customer segments, as an embodiment of its main slogan ‘Bank for Life’. Commenting on KIB’s advanced step, Othm ......read more

Kuwait, 22 August 2023: In line with its commitment to sustainability and clean energy, Al Hamra Real Estate Company has successfully completed the installation of a state-of-the-art solar panels system atop the parking complex of Al Hamra Business Tower and Shopping Center. The project, which was executed in close collaboration with Kuwait Foundation for Advancement of Sciences (KFAS) and Kuwait Institute of Scientific Research (KISR), employed the deployment of photovoltaic solar panels boasting a total capacity of 240 kWp.  Employing the latest advancements in technology and harnessing top-tier expertise, the project achieved operational status in an impressively expedited timelin ......read more

Kuwait, 22 August 2023: Kuwait International Bank (KIB) was crowned the “Best Islamic Bank in Kuwait in 2023” by UK-based World Finance magazine, holding the title for the tenth consecutive year. The award came in recognition of the Bank continually delivering outstanding Islamic banking products and services, with exceptional customer service.  As one of the world's leading media platforms in the economic and financial field, World Finance has been holding its annual Islamic Finance awards program since 2007. The awards honor several of the most prominent financial and banking institutions globally, based on some of the highest standards and best practices from withi ......read more

As part of its commitment to constantly supporting the ‘Let’s Be Aware’ campaign Kuwait, 21 August 2023: Kuwait International Bank (KIB) remains committed to its social responsibility and awareness efforts through its support of the ‘Let’s Be Aware’ (Diraya) campaign, launched by the Central Bank of Kuwait in cooperation with the Kuwait Banking Association. As part of this commitment, KIB has been shedding light on the dangers of trading and investing in virtual assets or cryptocurrencies on its various electronic and social media platforms. The Bank has also been sharing information about the negative impact of virtual investments on investors' and ......read more

Iconic sports car adds track-ready NISMO grade   • Z NISMO returns with 420 horsepower and significant handling enhancements • NISMO-specific bodywork improves aerodynamic balance and style • NISMO-enhanced brakes, suspension, body rigidity and more aggressive tires contribute to track performance   KUWAIT, 21 August – Abdulmohsen Abdulaziz Al Babtain Company (AABC), the authorized and exclusive agent for Nissan vehicles in Kuwait, has launched the new 2023 Nissan Z earlier this year for those seeking more excitement and dynamic performance while driving.     Subsequent to that, the 2024 Nissan Z model further enhanced its p ......read more

Kuwait, 20 August 2023:  Driven by their corporate social responsibility (CSR) strategy, Ooredoo Kuwait, the leading telecom company, has joined forces with the United Nations Office for the Coordination of Humanitarian Affairs (UN OCHA) and launched a fundraising campaign to help struggling families. This collaborative initiative, undertaken on World Humanitarian Day, showcases Ooredoo’s commitment to aid people in need. Contributions will enable humanitarian organizations to respond quickly and save lives by providing safe shelters, warmth, food, education, Water and Sanitation, and protection. Along with Ooredoo’s effort to achieve the United Nations Sustainable Developme ......read more

Kuwait, 20 August 2023: In a recent study on Kuwait’s West Abu Fatira Al-Herafia and Ardiya Al-Herafia areas, Kuwait International Bank (KIB) reported that demand for light industrial properties witnessed a sharp rise over the past five years. The increase comes in conjunction with the support the Kuwaiti state has been providing to owners of small and medium enterprises to launch their various projects, as they play a vital role in diversifying different sectors of the local economy. Discussing the report, Mubarak Al Harbi, Team Leader of the Real Estate Appraisal Engineers at KIB’s Real Estate Department, said that both West Abu Fatira Al-Herafia (Aswaq Al Qurain) in Mubarak ......read more

As part of its commitment to elevating the sports sector       Kuwait, 20 August 2023:  In continued efforts to support Kuwait’s top athletic talents and as part of its strategic partnership with the Kuwait Olympic Committee and its Olympic Athlete Preparation Program, Burgan Bank is sponsoring the three Kuwaiti Olympians competing at the 2023 World Athletics Championship. This includes Yaqoub Al-Youha, Mudhawi Al-Shammari, and Ebrahim Al-Dhafeeri who are all now vying for gold at the tournament currently taking place in Budapest, Hungary.  The three Olympians, Al-Youha, Al-Shammari, and Al-Dhafeeri, have all competed in numerous worldwide championship ......read more

Al Dirwaza account is the best of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 19 August 2023:  Kuwait International Bank (KIB) announced the names of the winners in the seventh Al Dirwaza account monthly draw, based on customers’ July deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Naflah Saleh Hamed Alsenafi won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Abdulrazzaq Montadher Abdulrazzaq Almahdi, Ahmad Hamed Mater Alenezi, Sawsan Hashim Jabbar, Falah Soud Hadmol A ......read more

Kuwait, 17 August 2023: Kuwait International Bank (KIB) announced the name of the winner of its Al Dirwaza digital account opening campaign for the month of July, whereby customer Mohammad Hussain Salman Al Ansari won the draw. This draw comes after the Bank renewed the campaign designed to provide a distinctive digital banking experience and to reward customers who opened an Al Dirwaza account through its digital platforms, whether KIB Online or the KIB Mobile application. Commenting on the draw, Nawaf Al-Khrayef, Assistant General Manager of the Retail Banking Department at KIB, said: “We are pleased to continue announcing the new winners of the draws and prizes of this distinctive ......read more

As part of its social responsibility program and in support of young national talents Kuwait, 16 August 2023:  Burgan Bank recently concluded its 2023 Young Bankers Summer Program; an initiative that aims to equip young individuals with essential financial skills, while instilling a strong sense of community responsibility. The training program comes as part of Burgan’s comprehensive social responsibility strategy, as well as its continuous support of the national ‘Let's Be Aware' (Diraya) banking awareness campaign. Over a three-week period, 17 young participants had the opportunity to gain a wealth of knowledge from a series of interactive workshops. Conduc ......read more

In continued support of the banking awareness campaign “Diraya” Kuwait, 16 August 2023: For the third consecutive year, Kuwait International Bank (KIB) upholds its committed support for the Let’s Be Aware “Diraya” campaign, the financial literacy and banking awareness initiative launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA). This comes hand-in-hand with the Bank’s comprehensive social responsibility program, which aims, among many goals, to reinforce the community’s financial literacy and awareness of banking features and safety precautions.  To ensure maximum benefit across society’s dif ......read more

The fully integrated science and technology park is poised to cultivate a vibrant ecosystem that will breathe new life into innovation, research, and development within Pakistan's flourishing technology sector. Kuwait, 16 August 2023 - In a significant stride towards propelling Pakistan's flourishing technology sector, EnerTech, a Kuwaiti state-owned investor and developer in clean energy and sustainable infrastructure, and the NED University of Engineering and Technology (NEDUET) have unveiled the newly completed EnerTech-NED Science and Technology Park. The fully integrated science and technology park, stemming from a robust government-to-government agreement between Kuwait an ......read more

Best Gadgets from Huawei for Kids to Learn, Play, and Stay Connected Kuwait - The summer is almost over, and it’s time to get ready for school. Whether your kids are going back to the classroom or learning from home, they will need some gadgets to help them study and play. For parents, this time of the year can be overwhelming. Most of us don’t have the time to spend hours in the mall looking for school supplies, let alone go through hundreds of different options and compare their features and prices to find the best ones. So we decided to make it easy for you. Here we have selected some of the best gadgets your kids can have to get them ready for school.   HUAWEI M ......read more

Reinforcing its longstanding commitment to sustainability and community welfare   Kuwait, 15 August 2023: In a new effort to reinforce its commitment to society, sustainability and the planet, Kuwait International Bank (KIB) organized a comprehensive workshop that discussed environmental, social, and governance (ESG) essentials in the banking industry. The workshop, which addressed staff members across all departments and job grades, was delivered in cooperation with the American University of Kuwait’s (AUK) Center for Continuing Education (CCE). This workshop comes under the umbrella of KIB’s dedication to the overall development of its staff, in addition to its rol ......read more

Kuwait, 14 August 2023: KIB Chairman Sheikh Mohammed Jarrah Al Sabah has revealed the Bank’s financial results for the first half of the year, ending on 30 June 2023. During this period, the Bank achieved almost KD 6 million of net profit attributable to shareholders, with earnings per share (EPS) standing at 2.87 fils (i.e. 88% growth). Total operating income amounted to KD 35.4 million, which grew 14% compared to the first six months of 2022.  Announcing the Bank’s results, Al-Jarrah pointed to the Bank’s solid financial foundation and resilient business model, which are vital for navigating the banking landscape with confidence, clarity, and agility. He said: & ......read more

Kuwait, 14 August, 2023:  Ooredoo Kuwait has officially rolled out its highly anticipated 400Mbps speed, heralding a transformative era in the telecommunications landscape to meet the escalating demands of customers. Demonstrating an unwavering dedication to driving digital transformation and fostering a smart ecosystem, Ooredoo Kuwait, the leading telecommunication company, proudly introduces the groundbreaking 400Mbps speeds in Kuwait through its subsidiary, FASTtelco.    Setting a remarkable precedent, Ooredoo Kuwait stands as the trailblazer, poised to usher in innovative digital services that will provide fiber internet speeds of up to 400 megabits per second (Mbps) ......read more

Up to KD 25,000 to spend at the most prestigious hospitals and health resorts around the world Kuwait, 13 August 2023: Kuwait International Bank (KIB) announced signing an agreement with Alsawan Group, a pioneer in the medical tourism field, to offer customers the best financing service for treatment abroad. The value of this new service can go up to KD 25,000, with flexible, easy and convenient installments for up to a maximum of 36 months. Commenting on the new service, Abdulaziz Al-Shammari, Head of Central Sales at KIB, said: “KIB is the first bank in Kuwait to offer this type of non-profit financing for people seeking medical treatment overseas. Providing this service stem ......read more

Q2 2023 (Million KD) Q2 2022 (Million KD) Variance (%) 1H 2023 (Million KD) 1H 2022 (Million KD) Variance (%) Revenue 327.8 138.4 136.8% 648.4 270.5 139.7% Net Revenue 199.8 72.0 177.3% 386.9 139.2 177.9% EBITDA 60.5 37.0 63.4% 120.9 70.9 70.4% Net Profit 14.2 16.1 -11.7% 29.4 28.8 2.3% EPS (fils) 5.55 6.35 -12.6% 11.55 11.41 1.2% Numbers above are rounded   KUWAIT – August 14th, 2023 – Agility, a long-term investor and operator in supply chain services, infrastructure, and innovation, today reported second quarter 2023 earnings of KD 14.2 million, or 5.55 fils per share, a decrease of 11.7% over the same period in 2022. Net profi ......read more

Kuwait, 12 August 2023: Kuwait International Bank (KIB) held the first draw of its special ‘Surprises for Every Season’ campaign, announcing five winners of the ‘Cruise the World’ prize for the month of July. The lucky winners are Ali Mubarak Ali Hadi Alshehri, Mamdouh Abdulhadi Mohammad Abdulhadi, Ali Ahmad Mohammad AlKandari, Najwa Marafie, and Aly Alseehan. The campaign is one of the many ways the Bank is enhancing its customers’ banking experience, along with a wide range of exclusive offers, benefits, and prizes throughout the year.  Commenting on the occasion, Khalid Al Hulaibi, Segments Manager at KIB, said: “We are delighted to congratula ......read more

From financial independence to securing jobs and thriving in interviews, the strategic partnership aims to equip students with future-ready professional skills Dubai, UAE, 11 August 2023: In a bid to counter the Middle East and North Africa (MENA) region’s youth employment gap, INJAZ Al-Arab has joined forces with The Starbucks Foundation and Starbucks Middle East and launched youth upskilling programs across the United Arab Emirates and Kuwait geared at teaching financial independence and employability.   INJAZ Al-Arab, the region’s largest non-profit business organization for education and training in workforce readiness, financial literacy and entrepreneurs ......read more

Making its regional premiere this week, the film honours Nissan’s programme that transformed gamers into professional racers Kuwait, - 9 August 2023 – Nissan is inviting audiences to a cinematic spectacle this summer as the Nissan’s ground-breaking GT Academy, one of the trailblazing successes born out of its rich racing heritage, takes centre stage in the Gran Turismo movie by Sony Pictures Entertainment.  Set to release exclusively in theatres across the Middle East on 10th August 2023, the Gran Turismo movie takes viewers on a wild ride, showcasing the exhilarating mix of virtual and real-world racing that the Nissan GT Academy introduced, and left a legacy ......read more

Kuwait, 9 August 2023: In order to provide its customers with a seamless and unique banking experience, Kuwait International Bank (KIB) announced activating the contactless near-field communication (NFC) service at its ATMs all around the country. This step comes within the framework of the Bank's comprehensive strategy aimed at keeping pace with the ongoing digital transformation and continuously developing its services and products. Commenting on the new service, Ammar Maqamess, Assistant Manager, Retail Banking Department at KIB, said: “This distinguished step by KIB confirms, once again, its constant keenness to provide more innovative digital solutions that will take its ......read more

- Entered six new countries and expanded to 18 new airports - Increased air cargo footprint with 75th cargo location - Announced net-zero commitment for scope 1, 2 and 3 CO2e emissions by 2045   9 August 2023, Kuwait: Menzies Aviation, the leading service partner to the world’s airports and airlines, and an Agility company, is marking a year since it joined forces with National Aviation Services (NAS) to become the world’s largest aviation services company.    The company, which was acquired by Agility on 4 August 2022, has enjoyed accelerated growth over the past 12 months, successfully entering six new countries and growing its workforce to 40,0 ......read more

Kuwait, 9 Aug 2023:  Ooredoo Kuwait, the leading telecommunications company, continues to launch exciting offers on new and improved fiber internet packages for the summer season. This step comes as part of the company's strategy aimed at meeting the needs of users who want to obtain a high-quality fixed home internet service. The new package is designed to meet the various needs of customers at competitive prices, where users will be able to double the speed of the internet while getting a discount of up to 40% on the original subscription value. Ooredoo Kuwait offers customers the opportunity to use devices efficiently and with a faster internet to do many tasks, such as t ......read more

Kuwait, 8 August 2023:  Ooredoo Kuwait, the leading telecommunications company, has announced the launch of the latest postpaid promotions for Ooredoo customers. This new offer is part of the company’s strategy to provide a variety of solutions and exclusive benefits for customers looking to purchase the newest smartphones by paying on a monthly billing basis. The offer is characterized by its exceptional advantages and affordable prices exclusively for Ooredoo’s customers. Ooredoo Kuwait gives anyone who’s looking to purchase a smartphone the opportunity to choose from a wide range of devices: iPhone 14, iPhone 14 PRO MAX, Samsung S23, and Samsung S23 Ultra. In ......read more

Within the framework of its endeavors to attract top talent and support national cadres Kuwait, 7 August 2023:  Burgan Bank has announced the appointment of Mr. Barrak Al-Mattar as General Manager of Information Technology. With over 22 years of experience in the tech industry, Mr. Al-Mattar, a seasoned veteran, will lead the Bank's efforts to strengthen its digital transformation while keeping up with the latest technological advancements that offer reliability and security. His primary responsibilities include modernizing IT operations, implementing robust security controls, and aligning IT objectives with the Bank's strategies and goals, especially ensuring a seamless bank ......read more

Kuwait, 6 August 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 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:  • ABDULAZIZ IHSSEN ABDULAZIZ • ABDULAZIZ MEJBEL NASER • ABDULMOHSEN HAMEED ALTALEB • AHMAD KHALIFA ALSHOHOMI • ALAA HASAN ALSALAH • ALI ABDULRAHMAN ALRAISH • ATTA MOHAMMAD HASSAN • EIMAN ALI ALMEERZA • FAHAD ZUBAIL KHAMEES &bull ......read more

Offers savvy shoppers in Kuwait a seamless shopping experience from the UK and US with a rapid door-to-door premium service with competitive shipping costs Kuwait, Kuwait City, August 7, 2023 – Emirates Delivers, the e-commerce delivery platform of Emirates SkyCargo, has launched in Kuwait, facilitating fast, reliable, and cost-effective international delivery of items purchased from the UK and the US to shoppers in Kuwait. Whether buying from a large e-commerce retailer or an online independent boutique, making savings during international sales like Black Friday or simply shopping from country-exclusive retail outlets, Emirates Delivers provides a seamless door-to-door transp ......read more

Enabling customers to report issues via its mobile banking app  Mohammad Al-Shamlan Senior Manager - Client Complaints & Protection Unit Kuwait, 5 August 2023:  Burgan Bank has announced the launch of an exciting new feature on its mobile banking application that allows customers to submit complaints online conveniently. This initiative is a testament to the Bank's unwavering commitment to enhancing customer satisfaction and elevating their overall banking experience. By introducing this feature, Burgan Bank aims to promote transparency, instill confidence in the effective management and resolution of complaints, and ultimately provide exceptional service to its valued ......read more

Stemming from the Bank’s belief in the importance of human capital development   Mrs. Kholoud AbdulRedha Al-Feeli Deputy General Manager of Marketing and Communication Kuwait, 3 August 2023:  Burgan Bank announced the assignment of the responsibilities for Marketing and Communication to Mrs. Kholoud AbdulRedha Al-Feeli. She will be responsible for conceptualizing, developing, implementing, and communicating the overall marketing and communication strategies and initiatives in line with the Bank's revitalized strategic vision.   This new assignment reflects the Bank's belief in the importance of human capital development as a strategic goal to drive gre ......read more

As part of its constant efforts to provide exclusive offers to its clients Ooredoo Kuwait offers pre-ordering service of the latest Galaxy Z phones Galaxy Z Flip5 and Galaxy Z Fold5 Kuwait, 1 August 2023:  Ooredoo Kuwait, the leading telecommunications company, has announced an exciting opportunity for its customers to get the latest Samsung Galaxy Z series phones, by opening the door to pre-order the devices prior to their availability at points of sale. The new group, which is already available since July 26, includes the Galaxy Z Flip5 and Galaxy Z Fold5 phones. The Galaxy Z series is distinguished by its innovative foldable design, which makes it easy to carry and use. The a ......read more

Kuwait, 1 August 2023: Kuwait International Bank (KIB) announced the provision of a service to allow customers to submit complaints and receive timely responses and solutions via the new KIB Mobile application. This step reflects KIB’s firm commitment to providing the best banking services and ensuring the satisfaction of its customers from all segments. Commenting on the feature available on the application, Hussain Abdulraheem, Unit Head of the Complaints and Customer Protection Unit at KIB, said: “We at KIB are constantly keen to introduce features and solutions that contribute to providing convenience and credibility to customers. This feature will allow them to submit c ......read more

With cutting-edge features designed to meet all customers' banking needs Kuwait, 31 July 2023: Kuwait International Bank (KIB) has announced the launch of its all-new Corporate Online Banking platform, heralding a new phase of financial empowerment and security for its corporate customer. The launch falls in line with the Bank’s commitment to digital innovation and expanding its modern banking solutions.  This platform was implemented as part of KIB’s pledge to elevate its state-of-the-art digital banking technologies to cater to the Bank’s corporate customer segment. Designed to seamlessly integrate innovation and security into corporate businesses, the platfo ......read more

• Experts focus on business transformation in the cloud, building resilient operations and supply chains, and creating a robust workforce for Kuwait’s digital economy • SAP signifies its commitment to training citizens through expansion of its Dual Study Program and Young Professionals Program      KUWAIT CITY, KUWAIT — July 31, 2023 — As senior Kuwaiti government officials, business leaders and other strategic thinkers were joined by the German ambassador for SAP Discovery Day held in the capital recently, discussions focused on initiatives to develop local technological talent, transform businesses in the cloud, build resilient supply ......read more

Revenue  Increase of 8% year-on-year (Adj. for BoB’s contributions) Kuwait, 29 July 2023:  Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first half of 2023 (H1’23), for the period ending June 30, 2023.  The Bank reported robust Revenue of KD 108 million during H1’23 which was up 8% year-on-year (y-o-y). Higher revenues were driven by a strong Non-Interest Income of KD 47 million (+28% y-o-y) and Net-Interest Income of KD 61 million (vs KD 63 million in H1’22). The Net interest Margins (NIM) were almost flat at 1.9% in H1’23, as compared to 2.0% in H1’22; while the Cross-Sell Ratio im ......read more

As part of the Bank’s comprehensive and dedicated customer satisfaction efforts   Kuwait, 26 July 2023:  As part of our continuous efforts to provide our customers an added value experiences, Burgan Bank is pleased to announce an added offer under  Burgan Rewards program.  Our valued Visa credit cardholders can now enjoy a wide range of deals and offers using xperience with the ENTERTAINER application. This rewards program expansion comes as part of Burgan’s committed efforts to collaborate with the best service providers in the market, as a means of expressing gratitude to the Bank’s customers and turning their every transaction into an exciting and r ......read more

Earnings per share reached 128 fils Kuwait City, Kuwait, July 26th, 2023: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the half year ended 30 June 2023:  Financial Highlights:   Quarterly Analysis Half Year Analysis    Q2 2023  Q2 2022  % change  H1 2023 H2 2022  % change  Consolidated Revenue (KWD m) 162.9 153.2 6% 318.2 ......read more

Kuwait, 26 July 2023: Kuwait International Bank (KIB) continues to encourage, support and empower Kuwait’s aspiring entrepreneurs and owners of small and medium enterprises (SMEs) to stimulate economic growth and help create more local jobs. As a demonstration of its support, the Bank is urging current and future customers to benefit from its Mubader Account, which is specifically tailored to this vital segment, in addition to the KIB Mubader Center and the unique Mubader App. This step falls in line with the Bank’s strategy aimed at providing entrepreneurs with the tools necessary that ultimately lead to their success, all while offering an innovative, creative, and supportive e ......read more

In line with the Bank’s vision of investing in its human capital and cultivating its top talents Kuwait, 25 July 2023 :  Burgan Bank announced the promotion of Mr. Fadhel Mahmoud Abdullah to the position of Acting Chief Executive Officer (CEO) – Kuwait, in line with the Bank’s strategy to strengthen Its leadership team. Regarded among Burgan’s longest-serving and most highly respected strategic leaders, Mr. Fadhel will play an integral role in designing, implementing, and steering the new strategic direction of the Bank over the next five years to enhance its market share in Kuwait and help drive higher profitability. The new vision of the Bank entails a pl ......read more

Following the start of series production of the Grenadier 4X4 last year, INEOS Automotive will make its mark across this year’s Goodwood Festival of Speed (13 - 16 July). The all-new Grenadier Quartermaster, a double cab pick-up variant of the award-winning Grenadier, will make its global debut on Thursday 13th July. This will be shortly followed by a very special appearance on the famous hillclimb with some familiar Goodwood faces to celebrate two 75-year automotive anniversaries - motorsports at Goodwood and the Belstaff Trialmaster Jacket that lends its name to one of Grenadier’s trims. Also making its first-ever public appearance is the Grenadier Hydrogen Fuel Cell ( ......read more

Kuwait, 23 July 2023: Kuwait International Bank (KIB) announced that August 1st is the last date to open or deposit in Al Dirwaza account to enter the September monthly draw for a chance to win prizes of KD 20,000 for 11 winners. Accordingly, the Bank is reminding its current and potential customers to open or deposit more in Al Dirwaza account to increase their chances in September’s Draw that will take place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from KIB. Ali AlSane, Manager - Product Development, Digital Transformation & Innovation at KIB, said: “We encourage everyone to take advantage of this opportu ......read more

API SP-standard 5W30 grade delivers enhanced acceleration and fuel efficiency, while combating low-speed pre-ignition and timing belt wear   Kuwait (23 July 2023) – As part of its commitment to providing customers with a comprehensive aftersales offering in the region, Nissan Al Babtain, the exclusive authorized dealer of Nissan vehicles in Kuwait presents a uniquely-formulated genuine motor oil to elevate engine performance and protection of vehicles. Topping the Nissan Genuine® Motor Oil (NGMO) portfolio, the fully-synthetic 5W30 oil boasts a balanced viscosity to reduce starting friction and timing belt wear at lower temperatures.   Comprising of four uniqu ......read more

Kuwait, 22 July 2023: Kuwait International Bank (KIB) launched its brand-new real estate digital platform, dedicated to its customers interested in owning, selling, and renting real estate. The platform, KIB Aqari, is supported by a property appraisal service being launched digitally for the first time in Kuwait. This step comes as part of KIB’s commitment to keep pace with the latest digital innovations and its expansion strategy for e-banking services. The Bank constantly aims to provide an unprecedented experience for its customers, to save them time and effort, and to meet their business needs smoothly and safely. Commenting on the launch, Fahad Al Saleh, Manager of the Real E ......read more

Rewarding customers with cash prizes and exceptional awards  Kuwait City, 20 July 2023: Ooredoo, the leading telecommunications company in Kuwait, is thrilled to announce the winners of its ongoing Value-Added Services competition. This competition, which has been ongoing throughout the year, reaffirms Ooredoo’s deep commitment to fostering strong relationships with its customers by providing them with an outstanding and all-encompassing communication experience, accompanied by prizes that cater to their desires and ambitions. Ooredoo’s customers were able to take part in the Value-Added Services competition effortlessly by sending a simple text message. By doing so, ......read more

Effectively contributing to the success of “Diraya” campaign Kuwait, 19 July 2023: In continuation of its support for the Let’s Be Aware “Diraya” campaign, Kuwait International Bank (KIB) designated a team of its finest talents to raise financial and banking awareness at Al Kout Mall. As part of its contribution to the campaign, which was initiated by the Central Bank of Kuwait (CBK) in cooperation with Kuwait Banking Association (KBA), KIB dedicates its efforts and resources to educating the public on the Bank’s different services, products, and latest special offers. Commenting on the initiative, Yacoub Ashkanani, Area Manager at KIB, said: “ ......read more

Kuwait City, 18th July, 2023:  Ooredoo, a key contributor to national environmental responsibility announced its most recent sustainability initiative in collaboration Ocean Minded, a renowned company dedicated to ocean conservation, to launch a unique initiative aimed at protecting the marine environment. In a joint effort, Ooredoo and Ocean Minded have strategically placed branded buoys along the beach of Bnaider, delivering a significant message of care, respect, and preservation for the ocean. Aiming to reduce the use of traditional anchors, which often cause damage to the ocean bed, Ooredoo and Ocean Minded have taken the initiative to supply jet skiers with convenient and compa ......read more

Kuwait, 18 July 2023: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Islamic New Year (1445H) holiday. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the break. The Bank will be closed for business during the official holiday on Wednesday, 19 July 2023, and the official rest day on Thursday, 20 July 2023. Normal working hours will resume on Sunday, 23 July 2023.   KIB highlighted its commitment to serving its customers and enabling them to follow up on their financial affairs and complete their banking transactions with efficiency and without disrup ......read more

To spread financial literacy and banking culture among all community members Kuwait, 17 July 2023:  As part of its efforts to contribute to the success of the Central Bank of Kuwait and Kuwait Banking Association’s “Let’s Be Aware” campaign, Burgan Bank continues to fulfill its duty in promoting financial awareness through various community events, such as its participation in the recent job fair organized by the American University of the Middle East (AUM) and the fourth blood donation campaign in partnership with Ahmadi Governorate. The goal is to enhance the level of financial literacy among all members of the community through these events and activities. ......read more

Within the framework of its strategy to face potential risks and plan for a more developed and safe future   Kuwait, 17 July 2023: Kuwait International Bank (KIB) recently participated in Reinvent Forum Milan 2023, an international banking and insurance innovation event organized by Qorus, during which it presented a joint case study with ebankIT entitled “Humanizing the ‘Bank for Life’ Digital Experience.” The Bank’s participation reflects its strong commitment to incorporating the principles of sustainability, innovation, and digital transformation into the fabric of its corporate practices.  During his participation in the conference as a rep ......read more

Shareholders elected two Supplementary Members for the remainder of the Board of Directors’ 2022-2024 term  Kuwait, 15 July 2023: Burgan Bank held its 59th General Assembly meeting at the Banking Hall of its premises in Sharq Area on Saturday, July 15 , 2023, with a quorum of %82.112.   The Assembly approved the release of the two resigned Board Members, Mr. Masoud M.J. Hayat  and Mr. Faisal Al-Radwan, and discharging them from all liability up to the date of the AGM, The Assembly also elected Mr. Abdulaziz Saad Al-Rashed as an Independent Member and Mr. Jamal Abdullah Dashti as a Non-Independent Member for the remainder of the 2022-2024 term of the Board ......read more

Reinforcing its commitment to the holistic development of its human capital Kuwait, 16 July 2023:  Burgan Bank recently celebrated three of its most promising talents for completing the 10th round of the Kuwait Graduate Development Program (KGDP), which falls under the umbrella of the Central Bank of Kuwait’s (CBK) “Kafa’a” initiative in cooperation with the Institute of Banking Studies (IBS) and Kuwaiti banks. As part of Burgan’s commitment to the advancement of its staff, the Bank continues to support its high-performing talents by nominating and enrolling them in market-leading programs, such as KGDP, for enriched learning opportunities.  ......read more

Kuwait, 16 July 2023: Kuwait International Bank (KIB) announced the name of the winner of its Al Dirwaza digital account opening campaign for the month of May, whereby customer Faraj Mousa Faraj Behbahani won the draw. Meanwhile, for the month of June, customer Abdullah Nayef Awad Almutairi won. This draw comes after the Bank renewed the campaign designed to provide a distinctive digital banking experience and to reward customers who opened an Al Dirwaza account through digital platforms, whether KIB Online or the KIB Mobile application. Commenting on the draw, Nawaf Al-Khrayef, Assistant General Manager of the Retail Banking Department at KIB, said: “The draws and prizes of this ......read more

Kuwait City, 15 July, 2023:  Ooredoo Kuwait, the leading telecommunications company, is proudly collaborating with The ktech Institute for Private Training, part of kuwait technical college, sponsoring its cutting-edge summer boot camp training program: TechNext Camp. Designed to equip participants with essential technological skills of the future, this summer boot camp will provide the attendees with the opportunity to delve deeper into subjects such as cybersecurity, AI, coding, and the Internet of Things (IoT). Driven by Ooredoo's social responsibility and commitment to empowering youth in the fields of innovation and technology, this intensive 4-week program provides particip ......read more

Kuwait, 15 July 2023: In its continuous efforts to raise the banking safety awareness of its customers, Kuwait International Bank (KIB) underlined tips and preventive measures through various media channels about the safe use of banking cards of all kinds as the summer holiday and travel season approaches. This initiative reflects the Bank’s continuous support of the “Let’s Be Aware” (Diraya) national campaign.  In this regard, Basil Al-Suwaidan, General Manager of the Information Security, Privacy and Anti-Fraud Department, said: “Through this social campaign, we aim to educate KIB cardholders on how to safeguard their assets and protect their fin ......read more

KUWAIT CITY, KUWAIT, July 14, 2023 - (ACN Newswire) - The cybersecurity landscape is evolving at an unprecedented pace, with new threats and challenges emerging every day. To address these pressing concerns and foster collaboration among industry leaders, professionals, and enthusiasts, we are delighted to announce the inaugural edition of "Cyber Revolution Summit". This groundbreaking conference will bring together the best minds in the field to explore innovative strategies, cutting-edge technologies, and industry best practices. Cyber Revolution Summit is scheduled to take place on 12th & 13th September at the Millennium Hotel & Convention Centre in Kuwait. This summi ......read more

• Audi Kuwait's "Stories of Progress" campaign showcases diverse customer stories and their Audi experiences. • Inspiring narratives of Audi owners exemplify enduring relationships and brand heritage in Kuwait. • Audi customers share their passion and loyalty towards the brand through a series of videos showcasing their own unique stories. Click here to watch the videos.   KUWAIT CITY, STATE OF KUWAIT (July 13, 2023) – Audi Kuwait, well-known for its commitment to customer satisfaction and loyalty within the brand ecosystem, unveils an extraordinary campaign that intertwines the captivating stories of its customers with the brand's own ......read more

Kuwait, 11 July 2023:  Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 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:  • AESHAH NASER AlMANSOUR • AISHA ABDULLAH AL MEHREY • ALI NASER ALSAFFAR • SHAIKH AMEER FAHAD ALSABAH • AZIZA SADEQ ALQALLAF • EISA AKBAR KARDOUNI • FATEMA KHALED KHALAF • HASAN MOHAMMAD ALNEAMAH • KHALED ABDULKAREEM ALSALEH &bul ......read more

Kuwait City, 11th July, 2023:  Ooredoo Kuwait, a leading telecommunications provider in the country, is pleased to announce the opening of its new branch at Khiran Outlet Mall. This strategic move is part of Ooredoo Kuwait's commitment to reaching a wider customer base and providing unparalleled convenience for their daily telecommunication needs. Al Khiran Outlet Mall, one of the latest commercial complexes in Kuwait, was carefully selected as the location for Ooredoo Kuwait's new branch, aligning with the company's dedication to staying at the forefront of modern urban developments. With this new branch, Ooredoo Kuwait aims to introduce a unique and innovative telecommu ......read more

As part of its continuous strategy to reward its customers with the best banking benefits and solutions   • Special Monthly raffle draws and spectacular prizes start in July and continue until the end of the year.  • The campaign includes all transactions using Visa credit and prepaid card, and international transactions for Visa debit cards.   Kuwait, 10 July 2023: Kuwait International Bank (KIB) has announced the ‘Surprises for Every Season’ campaign, scheduled to start in July and continue until the end of the year. The campaign aims to reward KIB’s Visa Credit, Prepaid and Debit Cardholders. During the campaign period, 70 lucky cu ......read more

Kuwait, July 10th, 2023:  On World Video Game Day, Ooredoo Kuwait hosted an exhilarating FIFA 23 on Twitch competition, providing gamers with an extraordinary opportunity to showcase their skills and win exciting prizes. As part of the festivities, they partnered with a renowned gamer Abdullah Al Raish to deliver an unforgettable gaming experience, all while offering participants a chance to win an iPhone 14 Plus. Ooredoo Kuwait live Twitch competition was designed to fuel the competitive spirit of gamers everywhere. Participants had the chance to compete against the renowned gaming champion in various gaming challenges, putting their skills to the test and vying for the ultimate pri ......read more

Following the start of series production of the Grenadier 4X4 last year, INEOS Automotive will make its mark across this year’s Goodwood Festival of Speed (13 - 16 July). The all-new Grenadier Quartermaster, a double cab pick-up variant of the award-winning Grenadier, will make its global debut on Thursday 13th July. This will be shortly followed by a very special appearance on the famous hillclimb with some familiar Goodwood faces to celebrate two 75-year automotive anniversaries - motorsports at Goodwood and the Belstaff Trialmaster Jacket that lends its name to one of Grenadier’s trims. Also making its first-ever public appearance is the Grenadier Hydrogen Fuel Cell ( ......read more

Kuwait, 9 July 2023: As part of its special travel season campaign entitled “Peace of Mind with Black Concierge,” Kuwait International Bank (KIB) recently announced exclusive Black Concierge services for customers carrying Visa Infinite credit cards. This step comes within the framework of KIB’s continuous efforts to provide its customers with a wide range of benefits, discounts and offers for an unprecedented and unique banking experience that exceeds their expectations. Commenting on the benefits of the services, Khalid Al Hulaibi, Segments Manager at KIB, said: “With the travel and holiday season starting, we are pleased to pour our focus into providing all servic ......read more

Kuwait, July 9th, 2023:  As part of its social responsibility program, leading telecommunications company Ooredoo Kuwait held a ceremony to honor outstanding high school students for the academic year 2022/2023. The ceremony was held in presence of Ooredoo’s CEO Mr. Abdulaziz Al-Babtain, representatives of various departments from the company, as well as parents of the students. During his speech, Al-Babtain first greeted the students, and conveyed his gratitude to their parents for supporting them to achieve stellar results. He also extended his appreciation to all members of the educational system as they’re key players in this achievement, due to their continuous effor ......read more

Kuwait City, July 8th, 2023: Ooredoo Business, the trusted technology partner for all business solutions, partnered with OpenText to conduct a one-day workshop at the prestigious Waldorf Astoria Kuwait hotel. The event provided valuable insights to Ooredoo Business customers on data recovery as a service and application & business automation. The workshop was organized as part of Ooredoo Business's ongoing commitment to keeping its customers informed about the latest solutions available to them. With data recovery becoming increasingly vital in today's digital landscape and automation revolutionizing business processes, this workshop served as a platform to explore these topic ......read more

Reminding customers about the unique features of its dual saving and draw account Kuwait, 8 July 2023: Burgan Bank announced the lucky winner of the Kanz semi-annual draw during a special ceremony held at the Bank’s headquarters. The winner, Mr. Taiyab Ali Nazar Hussain who walked home with a cash prize of KD 500,000 was announced in the presence of the representative of the Ministry of Commerce and Industry, alongside members of the Burgan Bank management team and an external auditor. Commenting on the draw, Mr. Nasser Mohammad Al-Qaisi, Chief Retail Banking Officer at Burgan Bank, said: “We are proud to announce the lucky semi-annual draw winner in the second year of ......read more

Kuwait, 8 July 2023: Kuwait International Bank (KIB) revealed three new, advanced digital platforms in a press conference attended by a select group of the Bank’s top managers and employees from across departments. This comes as part of KIB’s dedicated strategy for elevating its customers’ experience regardless of their market segment, whether the served customers are retail, corporate, or real estate. For corporate customers, the Bank presents its all-new and revamped Corporate Online Banking platform. Meanwhile, real estate customers can enjoy customized services that address their needs using the newly introduced, first-of-its-kind KIB Aqari platform. As for retail custo ......read more

06 July 2023 -  The International Air Transport Association (IATA) released data for May 2023 global air cargo markets showing weak market conditions. • Global demand, measured in cargo tonne-kilometers (CTKs), fell 5.2% compared to May 2022 (-6.0% for international operations).  • Capacity, as measured by available cargo tonne-kilometers (ACTKs), rose 14.5% compared to May 2022, primarily driven by belly capacity which increases as demand in the passenger business recovers. Capacity is now 5.9% above May 2019 (pre-pandemic) levels.  • Key factors influencing demand include:    o The global manufacturing Purchasing Managers Index (PMI) i ......read more

Al Dirwaza account is the best of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 5 July 2023: Kuwait International Bank (KIB) announced the names of the winners in the sixth Al Dirwaza account monthly draw, based on customers’ June deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, Saad Saqer Saad Althuwaini won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Majed Lahmoud Rwaihel Alshammari, Khawla Mohammed Abdullah Almesfeer, Mohammad Abdulrahim Mohammad Shaikhoun, Mohammad Mostafa ......read more

In extension to its efforts for upholding a positive and healthy work environment Kuwait, 4 July 2023 :  Burgan Bank recently hosted an event in its series of Burgan Talks. This latest event was dedicated to the working parents among the Burgan staff, focusing on their mental, physical, emotional, and financial health.  Ms. Fatima Al Shatti, a speech pathologist and consultant, along with Ms. Reem Al Sabbagh, a certified behavior analyst, presented Burgan talk to a group of 40 staff members. Proving feedback on the most recent effective discussion, Ms. Zahra Boarki, Manager of Skills Development at Burgan Bank, said: “Since our employees are the Bank’s top pr ......read more

¬Innovative partnerships with two charities will see INEOS Automotive making donations based on customers specifying optional Grenadier chassis finishes. The new 4X4’s tough ladder frame chassis, which sets it apart from competitors and is at the core of its award-winning off-road performance, can be specified with ‘Rhino Grey’ or ‘HALO Red’ powder coats instead of the standard black finish.  For each optional ladder frame finish sold, INEOS Automotive will donate €150 to the respective organisations that inspired the naming of the colours. ‘Rhino Grey’ recognises INEOS Automotive’s support for The Rhino Orphanage in South A ......read more

Kuwait, 4 July 2023: Following a high turnout from various societal segments, Kuwait International Bank (KIB) announced extending its presence at the Avenues Mall for the second week in a row. The Bank aims to raise banking awareness through its booth dedicated to the Let’s Be Aware “Diraya” campaign, which was launched by the Central Bank of Kuwait (CBK) in cooperation with the Kuwait Banking Association (KBA). Through its specialized booth at the Avenues, KIB continues to inform mall-goers about how to take advantage of the Bank’s various services, innovative digital solutions, and comprehensive banking and financing products, which all target increasing financ ......read more

Al Darmi: Investing in employees is one of KIB’s top priorities and strategies to meet current and future needs Kuwait, 3 July 2023: Kuwait International Bank (KIB) celebrated the graduation of another group of employees who successfully completed the accredited programs from the London Institute of Banking and Finance (LIBF), in partnership with the Institute of Banking Studies (IBS).  The completed programs covered numerous fields, including credit management, advanced credit management, branch management, assistance branch management, risk management, and investment basics. KIB’s graduates were celebrated at the ceremony organized by the Institute for the 2021/202 ......read more

• Elevates customer connection and supports thoughtful hospitality across all touch points • New retail design leverages inspiration from Japan for seamless and memorable experience • Refreshed visual identity brings dynamic brand dimension with evolved brand logo • New multi-sensory signature brings next-level customer connection through scent and sound   3 July 2023 Kuwait — INFINITI today announces a comprehensive brand refresh to enhance customer connection and deliver ‘thoughtful hospitality’ across all touch points.   Central to the update is a new global retail architecture design, in concert with an evolved brand lo ......read more

Kuwait, 26 June 2023: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during Arafat Day and Eid Al-Adha holiday for the Hijri year 1444. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the holiday break. The Bank will be officially closed starting Tuesday, 27 June 2023 till Sunday, 2 July 2023. Tuesday will be an official holiday on the occasion of Arafat Day, while Wednesday, Thursday and Friday will be official Eid holidays. Sunday, 2 July will be considered a rest day, with official working hours resuming on Monday, 3 July 2023.  KIB highlighted its commitment to serv ......read more

As a certified Visa Ready partner, KIB is helping power the digital issuance journey as a BIN Sponsor & CaaS (Card as a Service) provider Kuwait, 25 June 2023: Kuwait International Bank (KIB), a sharia compliant Kuwaiti Bank, announced today that it has joined the Visa Ready for Fintech Enablement program in an effort to provide both Fintechs and traditional issuers full enablement stacks for digital issuance speeding up their time to market and addressing the needs for digital/technology first strategies. Through KIB’s work with Visa, KIB will offer card issuance solutions to Fintechs and non-Banking entities in Kuwait. Under its BaaS (Banking as a Service) strategy, KIB is ......read more

Kuwait, 24 June 2023: Kuwait International Bank (KIB) announced that July 1st is the last date to open or deposit in Al Dirwaza account to enter the August monthly draw for a chance to win prizes of KD 20,000 for 11 winners. Accordingly, the Bank is reminding its current and potential customers to open or deposit more in Al Dirwaza account to increase their chances in August’s Draw that will take place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from KIB. Ali AlSane, Manager - Product Development, Digital Transformation & Innovation at KIB, said: “We encourage everyone to take advantage of this opportunity to ......read more