During the Holy Month of RamadanKuwait 22 March 2023: ABK would like to extend its warmest greetings on the occasion of the Holy Month of Ramadan to the Amir of the State of Kuwait, His Highness Sheikh Nawaf Al Ahmad Al Jaber Al Sabah, His Highness the Crown Prince of Kuwait Sheikh Mishal Al Ahmad Al Jaber Al Sabah and to the Kuwaiti government and... ...
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March 21, 2023: Celebrating the ones who raised us and made us, Pandora has launched meaningful and carefully hand crafted pieces that explore stories of motherly love and make the perfect ‘thank you’ gifts this Mother’s Day.Pandora’s Moments collection has been embedded with meaning and messages that reflect the impac... ...
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As part of its ongoing efforts towards raising the bar of community welfare and enhancing the cultural experience in KuwaitKuwait, 20 March 2023: Burgan Bank is continuing its sponsorship of Dar Al-Athar Al-Islamiyyah’s (DAI) 27th cultural season; an effort that stems from the Bank’s committed social responsibility program and its... ...
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Kuwait –March 15, 2023: This Ramadan, Abdulmohsen Abdulaziz Al Babtain Company (AABC), the authorized dealer of Nissan vehicles, is offering irresistible deals on a wide range of Nissan's most sought-after models, including the iconic Nissan Patrol, the all-new Nissan X-Trail, the performance-driven Nisan Nismo, the rugged Nissan Super Sa... ...
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Kuwait, 15 March 2023 - Kuwait International Bank (KIB) has received the international ISO 27001:2013 certificate for information security management systems for the 9th year consecutively. This important achievement is a testament to KIB’s unwavering commitment to the highest international standards that govern the level of efficiency of the... ...
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- Pizza Hut, Subway and Burger King to serve passengers at Jazeera Terminal 5 (T5) Kuwait, 15 March 2023 – Kout Food Group has collaborated with Jazeera Airways to open three new restaurants in Jazeera Terminal 5 (T5) at the Kuwait International Airport. Pizza Hut and Subway will serve passengers on the landside before immigration, while... ...
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Reinforcing inclusivity and guaranteeing a streamlined banking experience for all customers Kuwait, 16 March 2023: Burgan Bank announced the launch of a new biodegradable debit card especially designed to facilitate transactions for its visually impaired customers as it continues to innovate its solutions to provide a streamlined, elevat... ...
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Kuwait, 11 March 2023: In a continuation of its strategy of developing future generations and expanding their expertise, Kuwait International Bank (KIB) delivered an academic lecture at the College of Architecture at Kuwait University. The seminar, presented by a team from the Real Estate Department, came in response to the College’s in... ...
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Kuwait, 9 March 2023: Al Ahli Bank of Kuwait (ABK) announced Marites Saipuddin Corpuz as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 6 March 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-changi... ...
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Offering Kids Corner, Eye Comfort 2K Display, Parental Assistant and a brand new Kids Case designHuawei just announced the release of the HUAWEI MatePad SE 10.4” Kids Edition, a tablet for children designed with their safety and healthy development in mind. This new tablet comes with Kids Corner, full of rich educational content, and a 10.4-i... ...
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• GCC rider produced a strong performance on Leon to claim victory and hold off a Spanish one-two which featured highest-placed female Maria Ponton Alvarez in second place March 4, 2023: Mohamed Abdulhameed Al Hashemi from Bahrain held off a strong Spanish challenge to claim overall victory in the 2023 edition of the Cus... ...
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Launches New Premium Experience Campaign featuring the actorDOHA, Qatar – Qatar Airways has launched a new brand campaign in collaboration with world-renowned Indian actor, Deepika Padukone. The campaign launch is the culmination of the airline's endeavour to redefine Qatar Airways Premium experience, particularly through showcasing the w... ...
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Kuwait, 28 February 2023- Kuwait International Bank (KIB) concluded its platinum sponsorship of the Ninth Atyab Al Marshoud International Show-Jumping Championship, which was recently held at the Kuwait Equestrian Center in Sabhan, with the participation of elite riders representing all local clubs. KIB’s sponsorship of the championship came ... ...
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Kuwait, 28 February 2023- Kuwait International Bank (KIB) concluded its platinum sponsorship of the Ninth Atyab Al Marshoud International Show-Jumping Championship, which was recently held at the Kuwait Equestrian Center in Sabhan, with the participation of elite riders representing all local clubs. KIB’s sponsorship of the championship came ... ...
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Last 7 Days Postings
Kuwait 29 March 2023: With the onset of Ramadan 2023, Abdulmohsen Abdulaziz Al-Babtain Co (AABC), the sole authorized dealer of Nissan in Kuwait, is thrilled to announce its latest Service promotion across all Nissan models. This year’s Ramadan campaign is the perfect opportunity for families to take advantage of exciting deals, including generous discounts of up to 25% on genuine parts, complimentary vehicle checkup, and top-notch body polish services starting at an unbeatable price of just KD 25.
AABC’s Aftersales network is the largest in Kuwait and enjoys a great reputation in the market for providing a range of customer-focused services including live service bookings, ......read more
In a bid to empower Kuwait's youth and introduce them to the world of banking
Kuwait, 29 March 2023: In its latest effort to contribute to the development of Kuwait’s youth, Burgan Bank hosted 37 junior and senior students from the American United School of Kuwait (AUS) on Monday, March 20th at its head office. The field visit, which was intended to educate the students about the world of banking, comes as part of Burgan’s overarching social responsibility program that puts the development and empowerment of youth and the spread of banking awareness at the forefront of its goals.
Accompanied by a number of Burgan Bank employees, the student ......read more
Kuwait, 28 March 2023: Al Ahli Bank of Kuwait (ABK) announced Saud Abdulaziz Al Shatti as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 27 March 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 ac ......read more
Kuwait, 28 March 2023: Burger King Kuwait organized a tree-planting event throwing in an exciting mix of fun, learning and environmental awareness for children on Saturday. This is the third such edutainment activity by the BK Junior Club app in the last 9 months, starting with the beach cleanup drive, followed by the ‘King of the Space’ event.
With joyous hearts and eager hands, fifty children joined forces to be part of the initiative, conducted in partnership with Green Hands, a renowned environmental team. Together, they planted 500 saplings at the picturesque Al Tasameh & Altasleh park in Andalous.
Accompanied by their parents and siblings, the day ......read more
Kuwait, 27 March 2023: Burgan Bank recently concluded its participation as a diamond sponsor in the Career Fair organized by the Gulf University for Science and Technology (GUST), which was held over three days. The Bank’s participation underscores its commitment to actively support the educational sector and Kuwait’s youth population, while driving growth and development in the economy at large.
GUST’s career fair witnessed a noticeable turnout from the visitors, while representatives of Burgan Bank’s Human Resources Department were present to answer all the questions and inquiries of students looking for job opportunities in the banking sector. ......read more
Kuwait, __ March 2023: Kuwait International Bank (KIB) announced the relaunch of its campaign designed to enable its customers to open an Al Dirwaza account digitally through the bank’s digital platforms, whether via KIB Online or the KIB Mobile application. This step comes as a continuation of the Bank's efforts to provide customers with a more convenient and easy banking experience that caters to their aspirations and lifestyle, in line with its motto, “Bank for Life”.
In this regard, Nawaf Al-Khrayef, Executive Manager in the Retail Banking Department at KIB, applauded the great turnout and remarkable interaction garnered by the distinguished campaign. He al ......read more
Kuwait - March 27, 2023: Ramadan is here! And we know you’re excited about embracing the spirit of the season, spending time with loved ones, and perhaps even treating yourself or your family to some fantastic tech goodies. Luckily, Huawei is offering some of the most fabulous deals in town on their popular products: the HUAWEI Mate50 Pro, HUAWEI MatePad SE, HUAWEI MateBook D14, HUAWEI WATCH GT 3, and HUAWEI FreeBuds 5i. So, sit back, and let’s explore these fantastic deals together!
HUAWEI Mate50 Pro
First up is the HUAWEI Mate50 Pro, Huawei’s latest flagship smartphone. It has set the bar high for smartphones with an iconic Symmetrical Space Ring desig ......read more
Kuwait, 26 March 2023: Al Ahli Bank of Kuwait (ABK) announced that it has successfully added Turkish Lira (TRY) as one of the corresponding foreign currencies in its Finacle system to meet growing customer demand.
This initiative falls in line with the Bank’s efforts to increase its share in the payments market and is based on the outcome of a comprehensive analysis of the foreign currency payments market conducted by ABK’s Operations Division.
ABK successfully added the new currency in collaboration with Akbank T.A.Ş., one of the largest leading banks in Turkey listed on Boursa Istanbul with a strong track record spanning over seven decades.
Speak ......read more
• Redesigned front fascia features updated V-motion grille and Nissan design direction, complemented by premium interiors that dial up comfort for all on board
• 12.3-inch display screen, wireless connectivity upgrades, and a suite of innovative segment-leading technologies deliver a more intuitive driving experience
• Latest model builds on the iconic sedan’s heritage and popularity for over 30 years in the region
Kuwait (March 22, 2023) – Shining a spotlight on Nissan’s tech advancement while strengthening its sedan offering, Abdulmohsen Abdulaziz Al Babtain Company (AABC), the exclusive authorized dealer of Nissan vehicles in Kuwai ......read more
The new smartwatch from Huawei boasts an innovative design that integrates all-day health management and a pair of high-quality ANC earbuds into one
What if you could have a smartwatch and a pair of earbuds in one device? Sounds too good to be true, does it? Well, it’s not. The recently launched HUAWEI WATCH Buds does just that. It’s a sleek and smart watch that hides a pair of earbuds inside its body. Whenever you feel like jamming to some tunes, chatting with your mates, or talking to the virtual assistant, just pop up the cover, take the earbuds out and pop them in your ears. And the best part is that the HUAWEI WATCH Buds is a full-blown smartwatch with all the health and ......read more
During the Holy Month of Ramadan
Kuwait 22 March 2023: ABK would like to extend its warmest greetings on the occasion of the Holy Month of Ramadan to the Amir of the State of Kuwait, His Highness Sheikh Nawaf Al Ahmad Al Jaber Al Sabah, His Highness the Crown Prince of Kuwait Sheikh Mishal Al Ahmad Al Jaber Al Sabah and to the Kuwaiti government and its people, as well as all residents in the State of Kuwait.
On this occasion, the Bank announces that its branches across Kuwait will be available to serve its customers from 10:00am to 1:30pm.
ABK will continue to provide its banking services to its customers online through “eahli.com” and its mobile application. The Bank&rsq ......read more
March 21, 2023: Celebrating the ones who raised us and made us, Pandora has launched meaningful and carefully hand crafted pieces that explore stories of motherly love and make the perfect ‘thank you’ gifts this Mother’s Day.
Pandora’s Moments collection has been embedded with meaning and messages that reflect the impact mothers have on our lives. Whether connected by family, biology, friendship, experience, or all of the above, the new Mother’s Day collection celebrates the many forms of a mother’s love.
Choose charms from the Pandora Moments collection that hold personal meaning, and the classic snake chain bracelet that features an openwork he ......read more
As part of its ongoing efforts towards raising the bar of community welfare and enhancing the cultural experience in Kuwait
Kuwait, 20 March 2023: Burgan Bank is continuing its sponsorship of Dar Al-Athar Al-Islamiyyah’s (DAI) 27th cultural season; an effort that stems from the Bank’s committed social responsibility program and its special focus on the development of Kuwait’s culture scene. The sponsorship of DAI’s 2022/2023 season marks a major milestone for Burgan’s 2023 social calendar - and builds upon the Bank’s broad range of strategic social partnerships.
The latest edition of the DAI cultural season includes an array of diverse cultural ......read more
Kuwait –March 15, 2023: This Ramadan, Abdulmohsen Abdulaziz Al Babtain Company (AABC), the authorized dealer of Nissan vehicles, is offering irresistible deals on a wide range of Nissan's most sought-after models, including the iconic Nissan Patrol, the all-new Nissan X-Trail, the performance-driven Nisan Nismo, the rugged Nissan Super Safari 2022, the versatile Nissan Pathfinder 2023, and the adventurous Nissan X-Terra 2023. With these exclusive packages, AABC is not only giving its customers unparalleled value for money but also ensuring that they get to experience the ultimate in quality and reliability.
For Nissan Patrol enthusiasts, this deal has something unprecedent ......read more
Kuwait, 15 March 2023 - Kuwait International Bank (KIB) has received the international ISO 27001:2013 certificate for information security management systems for the 9th year consecutively. This important achievement is a testament to KIB’s unwavering commitment to the highest international standards that govern the level of efficiency of the security systems implemented by the Bank across all its services and sectors, in a way that guarantees the safety and security of customer data, in addition to being clear evidence of the Bank’s adoption of the latest technologies in this field.
Speaking on this occasion, Basil Al-Suwaidan, General Manager of the Information Security, Pri ......read more
- Pizza Hut, Subway and Burger King to serve passengers at Jazeera Terminal 5 (T5)
Kuwait, 15 March 2023 – Kout Food Group has collaborated with Jazeera Airways to open three new restaurants in Jazeera Terminal 5 (T5) at the Kuwait International Airport. Pizza Hut and Subway will serve passengers on the landside before immigration, while Burger King is located on the airside after passport control. Burger King also caters to passengers transiting through T5.
Amin Mohamed, Chief Executive Officer of Kout Food Group, Rohit Ramachandran, Chief Executive Officer, Jazeera Airways, company executives and other dignitaries from the DGCA and MOI, attended the of ......read more
Reinforcing inclusivity and guaranteeing a streamlined banking experience for all customers
Kuwait, 16 March 2023: Burgan Bank announced the launch of a new biodegradable debit card especially designed to facilitate transactions for its visually impaired customers as it continues to innovate its solutions to provide a streamlined, elevated, and inclusive banking experience to all. The card delivers on Burgan’s core objectives of its comprehensive strategy – namely sustainability, product innovation and inclusivity, ensuring greater accessibility to specially-abled customers, whilst simultaneously promoting environmentally conscious practices.
The card utiliz ......read more
To raise awareness among its employees and ensure their safety
Kuwait, 15 March 2023: Burgan Bank recently conducted an emergency evacuation drill for its employees at its head office. The drill came within the framework of the Bank’s willingness to train and educate employees on the proper steps of the evacuation process, to ensure their safety and security in emergency situations.
The evacuation, which was supervised by a team from the Kuwait Fire Force, helped evaluate employee response time, as well as understand potential gaps and areas for improvement. The staff underwent comprehensive training on how to manage disasters or accidents. Part of the exercise also involve ......read more
Kuwait, March 2023: Al Ahli Bank of Kuwait (ABK) announced Abdulaziz Ahmad Al Khubaizi as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 13 March 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 ac ......read more
Aiming at offering its customers the latest digital banking solutions
Kuwait, 14 March 2023: Kuwait International Bank (KIB) announced it will now be offering its KIBPay service to its corporate clients as part of the Bank’s strategy to provide its customers with access to digital banking services - that meet their needs in a safer and easier manner.
KIB’s corporate clients can now benefit from KIBPay to collect funds from their partners following easy and simple steps. With this new process, customers can now receive the money within minutes, either through the smartphone application or by sharing the payment link via email, WhatsApp, or other applications that ......read more
Kuwait, 11 March 2023: In a continuation of its strategy of developing future generations and expanding their expertise, Kuwait International Bank (KIB) delivered an academic lecture at the College of Architecture at Kuwait University. The seminar, presented by a team from the Real Estate Department, came in response to the College’s invitation to discuss the foundations of investment and real estate evaluation, and took place at the University’s headquarters in Adailiya in the presence of several members of its teaching board and a large group of students.
Speaking at the seminar, Eng. Fahed Al Saleh, Manager of the Real Estate Advisory Division at the Bank’s ......read more
March 09, 2023: Aiming to equip students with invaluable knowledge and hands-on experience as they prepare to enter the borderless communications industry
Beirut, Lebanon, March 2023: Memac Ogilvy, the leading creative agency in the Middle East and North Africa (MENA) region, hosted its first Red Academy program at the American University of Beirut in March, offering students from the Suliman S. Olayan School of Business (OSB) a unique guided learning opportunity.
The initiative is driven by the commitment of both the agency and the university to support and showcase the talent of the youth around the region, with this pilot collaboration as an exciting first step. This initial ......read more
Kuwait, 9 March 2023: Al Ahli Bank of Kuwait (ABK) announced Marites Saipuddin Corpuz as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 6 March 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 account an ......read more
08 March 2023: The International Air Transport Association (IATA) released data for January 2023 global air cargo markets showing that air cargo demand declined as economic headwinds persist.
• Global demand, measured in cargo tonne-kilometers (CTKs*), fell 14.9% compared to January 2022 (-16.2% for international operations).
• Capacity (measured in available cargo tonne-kilometers, ACTK) was up 3.9% compared to January 2022. This was the first year-on-year growth in capacity since October 2022. International cargo capacity increased 1.4% compared to January 2022. The uptick in ACTKs reflects the strong recovery of belly capacity in passenger airli ......read more
Kuwait, 7 March 2023: Burgan Bank recently sponsored the Small and Medium Enterprises Marketplace event, organized by Ooredoo Kuwait in conjunction with the celebrations of Kuwait's national holidays. This came as part of the Bank’s continuous commitment to its strategy of supporting various businesses, especially small and medium enterprises. Burgan’s sponsorship also comes as part of its commitment to keep pace with and advance the aspirations of Kuwaiti youth and qualify them to be effective and real players in driving the economy of Kuwait, in order to achieve sustainable development.
Burgan Bank participated in the Marketplace with a special booth, in which it ......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, March 6th, 2023: Kuwait International Bank (KIB) announced the names of the winners in the second Al Dirwaza account monthly draw, based on customers’ February 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, Mahmoud Mohammad Ameen Awadh won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Ghazi Ibrahim Abdelmaguid Elshoubary, Jalal Gholam Kousari, Mashari Bader Yaseen Alfoudari, Mohammad Taha Abdelhamid ......read more
Offering Kids Corner, Eye Comfort 2K Display, Parental Assistant and a brand new Kids Case design
Huawei just announced the release of the HUAWEI MatePad SE 10.4” Kids Edition, a tablet for children designed with their safety and healthy development in mind. This new tablet comes with Kids Corner, full of rich educational content, and a 10.4-inch Eye Comfort 2K display with a host of features to protect children’s eyesight. The tablet also offers comprehensive Parental Assistant features and boasts a protective case of food-grade silicone that is easy to grip with small hands and a stylus.
The HUAWEI MatePad SE 10.4” Kids Edition is available to buy in Kuwait at a pri ......read more
• GCC rider produced a strong performance on Leon to claim victory and hold off a Spanish one-two which featured highest-placed female Maria Ponton Alvarez in second place
March 4, 2023: Mohamed Abdulhameed Al Hashemi from Bahrain held off a strong Spanish challenge to claim overall victory in the 2023 edition of the Custodian of the Two Holy Mosques Endurance Cup, the flagship endurance equestrian event which took place at Saudi Arabia's ancient city of AlUla, home to the UNESCO World Heritage Site, Hegra.
Al Hashemi completed the four loops of the challenging 120km route on his ride Leon in a classified time of 05:47:54, at an average sp ......read more
Kuwait, 5th March 2023: Kuwait International Bank (KIB) announced the extension of the best financing offer of its kind on GMC SIERRA cars, which includes a 5-year Musawama financing, with profit repayment equal to 3 years only, and 3 year / 100,000 km warranty. The automotive financing promotion comes within the framework of the Bank’s partnership with GMC’s local agent Mohammad Saleh and Reza Yousuf Behbehani Company.
Commenting on the extension of the offer, Acting Head of Central Sales at KIB, Abdulaziz Al-Shammari, said, “Today, we continue to provide The Best auto financing offers of its kind in Kuwait. KIB is keen to consolidate our strong relations with elite c ......read more
Launches New Premium Experience Campaign featuring the actor
DOHA, Qatar – Qatar Airways has launched a new brand campaign in collaboration with world-renowned Indian actor, Deepika Padukone. The campaign launch is the culmination of the airline's endeavour to redefine Qatar Airways Premium experience, particularly through showcasing the world-class Qsuite along with the unparalleled surroundings of The Orchard, which are core to Hamad International Airport’s expansion.
The timeless acoustic track ‘Ain’t Nobody’ accompanies the campaign that connects Padukone’s journey with Qatar Airways to a new level of luxury and elegance. She encapsulates t ......read more
Kuwait – March 02, 2023: Huawei Consumer BG showcased their innovative technologies, flagship products, ecosystem, etc. At the Mobile World Congress 2023 (MWC 2023), held in Barcelona from February 27 to March 2, 2023. With “GUIDE to the Intelligent World” as the theme, the exhibition area of Huawei Consumer BG is designed after the global high-end flagship store to create a "tech oasis" for an immersive experience integrating smart technology and trendy life scenarios.
The diverse range of innovative products showcased at the exhibition include HUAWEI Mate 50 Pro and HUAWEI WATCH Buds. Huawei also held brand and technology exchange activities, in-depth c ......read more
Kuwait, 1 March 2023: Al Ahli Bank of Kuwait (ABK) announced Ahmad Ali Falah Al Ali as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Tuesday, 28 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 account ......read more
Kuwait, 1 March 2023: Al Hamra Shopping Center unveiled a macaron display in the shape of the Kuwaiti flag that was recorded as the largest in the world. The display, which was part of Al Hamra’s national celebrations campaign of February, was officially recognized by Guinness World Records on Thursday, February 23rd.
Located at Al Hamra Shopping Center, the display was done in collaboration with Roonz and was sponsored by Ordable. It featured a total of 9,600 macarons and took 9 employees a total of 260 working hours to prepare, breaking a record that has remained unbeaten since 2013. This delectable work of art was available for viewing until February 25th, 2023.
&n ......read more
Quick and convenient addition to the payment ecosystem allows users to securely pay with Android phones or supported Wear OS devices
Kuwait City, Kuwait – 1 March 2023: Mastercard, a leading technology company in the global payments industry, has collaborated with Google to launch Google Pay in Kuwait, strengthening digital payment capabilities in the country. Cardholders can tap to pay with their Android phones or supported Wear OS devices in stores where contactless is in operation. They can also use Google Pay to make payments online and through apps.
A seamless way to transact, Google Pay saves customers from handing over their payment cards, touching physical but ......read more
• Burgan Bank becomes one of the first banks in Kuwait to launch the Google Pay for use across all Android and Wear OS devices
• The latest milestone in its suite of seamless payment solutions
Kuwait, 28TH February 2023: As part of the Bank’s continued efforts to expand its digital payment offerings in tandem with customers’ evolving lifestyle trends, Burgan Bank announced the launch of Google Pay, which allows Burgan customers to make payments using their Android and Wear OS devices easily and securely.
With Google Pay, customers simply need to hold their Android device near an in-store payment terminal to ma ......read more
Kuwait, 28 February 2023- Kuwait International Bank (KIB) concluded its platinum sponsorship of the Ninth Atyab Al Marshoud International Show-Jumping Championship, which was recently held at the Kuwait Equestrian Center in Sabhan, with the participation of elite riders representing all local clubs. KIB’s sponsorship of the championship came within its pioneering program in the field of social responsibility and an affirmation of the Bank's eagerness to embrace Kuwaiti sports talents and support local events and tournaments.
In her speech marking the end of the sponsorship, Assistant Manager - Marketing Department and Corporate Communication Unit at KIB, Marwa Maarafi, said: & ......read more
February 24, 2023: It’s time to bring the action into your style. Inspired by the unexpected heroes, friendships and fun from Marvel’s Guardians of the Galaxy, Pandora’s new collection is filled with characters and symbols fans will love. Comprised of five charms and one ring, there’s a style for every Marvel x Pandora collector.
Pandora has collaborated closely with MARVEL artists to bring the spirit of the Guardians of the Galaxy to life. Star-Lord, Groot and Rocket are captured in hand-finished sterling silver charms, featuring iconic details and engraved character quotes. Groot’s signature dance moves come to life through moveable functionalit ......read more
Kuwait, 22 February 2023: In celebration of the State’s upcoming National and Liberation Day holidays, Kuwait International Bank (KIB) announced that it will be closed on Sunday, February 26th, and Monday, February 27th, 2023; resuming its normal operations across all branches on Tuesday, February 28th, 2023.Throughout this holiday, the Bank will continue to service both its retail and corporate customers, 24/7, via its various digital banking channels and platforms.
Congratulating the people of Kuwait on this special occasion, KIB noted that its various digital channels will be ready to offer its customers uninterrupted services, anytime, anywhere during the break. Th ......read more
Kuwait, 24 February 2023: Al Ahli Bank of Kuwait would like to extend its warmest wishes to the Amir of the State of Kuwait, His Highness Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince of Kuwait, Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah and to the Kuwaiti government and its people as well as all residents in the State of Kuwait on the occasion of National and Liberation Day.
During this occasion, ABK announces that its branches and Head Office will be closed on Sunday, February 26 and Monday, February 27. The Bank will resume its working hours on Tuesday, February 28, 2023.
ABK will continue to provide its banking services to its customers online through eah ......read more
Kuwait, 23 February 2023: Al Ahli Bank of Kuwait (ABK) announced the signing of a platinum sponsorship agreement with the UK chapter of National Union of Kuwaiti Students (NUKS) for the Union’s 56th Annual Conference scheduled to be held in London from 24th to 26th February, 2023.
During the conference, ABK will hold a number of activities aimed at students, including a penalty shoot-out tournament. In addition, the Human Resources team from the Bank will also be presenting a seminar.
Speaking about the initiative, Mr. Sager Albenali, Acting Chief Communications Officer stated: "We are delighted to be a platinum sponsor of the 56th annual conference of the UK c ......read more
Kuwait, it’s celebration time! The pomp and excitement for Kuwait National Day is in the air. The country is lit up, the national flag is hoisted in every nook and corner and there’s a wide smile on every face. So, let’s make sure you take advantage of this occasion to gift your loved ones with everything they want from your go to one-stop gifting destination, Virgin Megastore Kuwait.
And guess what? If you are residing in Kuwait, you can find us at The Avenues Sky - Kuwait Edition, from 23rd – 26th of February at the 2nd Avenue, Villa Fairuz entrance, to find out all about our products & latest offers you definitely should not be missing out on!
...read more
Kuwait, 22 February 2023: Under the patronage and in the presence of His Excellency Sheikh Fawaz Khaled Al-Hamad Al-Sabah, the Governor of Al Ahmadi, Burgan Bank concluded its sponsorship of the social campaign dedicated to the beautification of Sabah Al-Ahmad schools, as part of the “My Governorate is the Most Beautiful” program. The campaign fell under the umbrella of the annual partnership between the two parties. It took part in a joint effort to drive sustainable development across the Kuwaiti community, as part of the Bank’s strategic social responsibility endeavors.
The initiative primarily aimed at renovating the Governorate’s educational buildings, f ......read more
The best tablet for your needs can be quite tricky to find, whether you are looking to outfit the children with pocket-friendly, durable tablets for school or just want a beautiful second screen to keep near the couch. Fortunately, we can help you find the right tablet.
Tablets are great gadgets for accomplishing many tasks from light office work such as emailing, sketching and preparing presentations to consuming audio-visual entertainment, gaming and much more.
The interesting thing about tablets is that they have become necessary for families as everyone can use them for different purposes. If you are on the lookout for a new top entry-level tablet with a price tag of KWD 69 ......read more
• George Richani: The campaign's objectives are aligned with ABK’s strategy.
• The Bank strives to educate and protect its customers while providing the best services.
• ABK continues to raise awareness on its digital platforms.
• The Central Bank of Kuwait and Kuwait Banking Association are making valuable efforts to protect the banking customers.
Kuwait – February 21, 2023: Al Ahli Bank of Kuwait (ABK) was recently recognized for its exceptional contributions to the success of the financial awareness campaign "Let's Be Aware" at an awards ceremony hosted by the Central Bank of Kuwait (CBK). ABK was among the top three ......read more
Kuwait, February 21st, 2023: Continuously looking to meet its customers’ needs and support their aspirations in owning the newest car models from the best automotive brands, Kuwait International Bank (KIB) recently announced its renewed collaboration with Chery’s exclusive agent, Alghanim Motors Company (Chery Alghanim) – therefore extending its best financing offer on the most luxurious Chery car models. The offer includes the Chery Tiggo8 Premium, Chery Tiggo7 Luxury and Chery Arizzo6 Comfort.
Under this exclusive offer, which had witnessed an increasing demand from customers since its launch, KIB grants Sharia-compliant financing for the purchase of Chery ca ......read more
Setting a benchmark for the longest paternity leave offered in any domestic banking institution
Kuwait, 20 February 2023: In an effort to create and maintain a comfortable, supportive working environment for all employees, Burgan Bank announced it is adjusting its paternity leave to now span five working days. This comes as part of the Bank’s strategy for reinforcing its positive work environment and ensuring it caters to employees’ needs, who are considered the Bank’s most valuable asset and indispensable resource.
The latest expansion to its internal benefit structure stems from the Bank’s understanding of employees’ personal, familial an ......read more
Bold design, race-proven engineering and advanced aerodynamics set the high-performance, premium SUV apart
Kuwait, 15 February 2023 – Abdul Mohsin Abdulaziz Al-Babtain Company, the authorized dealer of Nissan cars in Kuwait, is pleased to announce the launch of 2023 model of its most powerful SUV, the Patrol NISMO, in Kuwait. Building on its heritage as a motorsport brand and catering to the nation’s desire for high-performance vehicles, the Patrol NISMO combines the refinement of a luxury SUV with the thrill of a sports car and is admired by automotive and driving enthusiasts across the country.
Launched for the first time in 2015, the Patrol NISMO reinforces the ......read more
With social development goals achieved on many levels
Kuwait, 19 February 2023: Setting a new benchmark of excellence and originality for social responsibility initiatives within the banking sector, Kuwait International Bank (KIB) recently succeeded in organizing the first professional sports initiative of its kind in Kuwait and the region, the world-class multi-sport tournament: KIB | The Stadium. The sports event was launched on January 25, 2023 under the Bank’s auspices, concluding its two-week program of activities on February 6, 2023.
KIB collaborated with Suffix Events KIB | The Stadium to life, in a joint effort that aimed to advance Kuwait’s sporting culture, wh ......read more
In a bid to inspire, support, and empower its community’s youth
Kuwait, 19 February 2023: In its latest endeavor to inspire Kuwaiti youth and engage with the local community, Burgan Bank participated in Al-Bayan Bilingual School’s (BBS) annual carnival as platinum sponsor. The event, which is organized by the Parent-Teacher Association (PTA), is a BBS effort that aims at fortifying and developing its community through multiple valuable initiatives. It is also dedicated to welcoming the School’s 2,700 students back on campus, in addition to 1,380 families and 350 teachers.
The carnival hosted a full day that seamlessly merged fun and value. For eight hours, stude ......read more
Starring Gigi Hadid
An ode to movement, fluidity and femininity, the new Chloé Eyewear Campaign reflects the brand’s refined and responsible vision through the beauty of modern women and their profound connection with nature.
Models Gigi Hadid and Shu Pei are portrayed in the endless horizon of the Mojave Desert. Immersed in the volcanic splendour of the Pisgah Crater, California, Gigi basks in the sun’s rays and in the strong embrace of the rugged terrain, while Shu stands out against the depth of the plains.
They wear the new Gayia styles, which are crafted entirely from ReAce – a 100% recycled acetate derived from pre-consumer waste that is exc ......read more
Kuwait, 16, February 2023 - In a continuation of its support from the previous year, Kuwait International Bank (KIB) announced its platinum sponsorship of the ninth Atyab Al Marshoud International Showjumping Championship, aiming at further disseminating the sports culture in Kuwait and supporting Kuwaiti sports talents. The sponsorship comes as part of the framework of one of the most prominent principles of the Bank's pioneering and comprehensive social responsibility program, which is to empower Kuwaiti athletes and provide all the means to qualify them to compete, and achieve high ranks, on the global scale.
The showjumping championship organized by Atyab Al Marshoud wi ......read more
Kuwait, 16 February 2023: On the occasion of the blessed Israa’ and Mi’raj, Kuwait International Bank (KIB) announced that it will be closed on Sunday, February 19, 2023, taking it as a rest day following the official holiday on Saturday, February 18, 2023. During this time, the Bank will continue to service both its retail and corporate customers throughout this holiday, via its various digital banking channels and platforms. The Bank will resume it normal operations across all branches on Monday, February 20, 2022.
As it celebrates the holiday, KIB wishes all its customers a blessed Israa’ and Mi’raj , noting that the Bank’s various digital channels will be ......read more
Kuwait – February 15, 2023: Al Ahli Bank of Kuwait (ABK) was the official partner and sponsor of the annual Porsche Club Kuwait Festival for the second consecutive year. The festival was held in collaboration with the Public Authority of Sports (PAS), Kuwait City for Motorsports, and the Amiri Diwan on February 10, 2023.
Commenting on the festival, Mr. Sager Albenali, Acting Chief Communications Officer said: “We are pleased to be an official partner in the annual Porsche Club Kuwait Festival for the second year. This event brings together families, youth, and children to experience a thrilling competitive atmosphere. With a variety of competitions and engaging activities, ......read more
“Entelaqah” Program created as part of Burgan Bank’s committed efforts to developing its staff and paving their career paths towards bigger successes
Kuwait, 15 February 2023: Burgan Bank recently celebrated 23 of its most promising employees, who successfully graduated from the Bank’s Retail Banking Academy. As part of the Bank’s efforts towards developing its human capital, 15 new hires successfully completed the “Entelaqah” program, designed to qualify fresh graduates to assume a teller role. On the other hand, eight more experienced employees successfully completed the “Head Teller” program, preparing them f ......read more
HUAWEI nova 10 Pro brings to the table a fashionable design, powerful 60MP Dual Autofocus
Front Camera , and blazing fast 100W HUAWEI SuperCharge Turbo, making it one of the most beautiful trendy flagship smartphones with the ultimate front camera and fastest charging. If you pan an additional KWD 5, you will get HUAWEI FreeBuds 5i when buying Huawei nova 10 Series, starting from 12th February!
How to install Google apps from AppGallery
Installing Google apps on your Huawei phones is now effortless. All you have to do is go to the AppGallery and search for the app that you want and install them on your phone like you normally do. Almost all the popular Google apps, inc ......read more
Kuwait, 15 February 2023: Al Ahli Bank of Kuwait (ABK) announced Fowz Mohammed Shukry Mohammed as the winner of KD10,000 in the Alfouz weekly draw. The winner was announced on Monday, 13 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 dr ......read more
Growth in total assets by 14%
Total assets approximately of KD 3.6 billion
Growth of 15% in financing portfolio exceeding KD 2.6 billion
Growth in depositors' accounts by 13% exceeding KD 2.3 billion
Growth in net profit attributable to shareholders by 25%
Kuwait, 14 February 2023: Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, announced the Bank’s financial results for the year ended December 31st, 2022, confirming the stability of its financial standing and the steadiness of its sustainable growth trajectory – despite the persisting economic and financial challenges facing the region and the global economy. The Bank has also continued, ......read more
Ushering in a new wave of exciting lifestyle experiences for visitors to Al Hamra Shopping Center
Kuwait, 13 February 2023: Al Hamra Shopping Center today announced its latest expansion, as it welcomed a host of premier new stores in Kuwait City. The exciting new line-up features a mix of sought-after local and international high-end brands in fashion, retail, food and beverage, and more. This move further underlines Al Hamra’s stellar reputation as a thriving community hub and a lifestyle destination that offers its visitors the latest and greatest in contemporary lifestyle trends and caters to their evolving needs and aspirations, along with greater choice and convenience. ......read more
Kuwait, 14 February 2023: In recognition of their achievements throughout the year of 2022, Burgan Bank honored a group of its most distinguished Retail Banking employees in a prestigious ceremony. The event, which took place at the Salwa Sabah Hall, was attended by Vice Chairman and Group CEO of Burgan Bank, Mr. Masoud M. J. Hayat, Deputy Group Chief Executive Officer & CEO – Burgan Bank, Mr. Raed Abdullah Al-Haqhaq, Group Chief Human Resources and Development Officer at Burgan Bank, Mrs. Halah El Sherbini, in addition to many leaders and senior executives from across various departments.
During the ceremony, the Bank’s executive management distributed a num ......read more
February 14, 2023: You can plan anything for Valentine’s Day, but there's no better way to celebrate than with a gorgeous Valentine's Day makeup look. A perfect makeup look can get you in the mood for a amazing date night, just add finishing touches with your date night outfit.
essence cosmetics is certified and acknowledged by PETA as a cruelty-free brand. We do not test any of our products on animals.
Let’s look at some products from essence that will help achieve that ultimate Valentines look.
First let’s start with prepping the skin for makeup with HELLO, GOOD STUFF! PORE MINIMIZING Serum. The weightless texture absorbs quickly, ha ......read more
February 14, 2023: Are you ready to be absolutely stunning this Valentine's Day? Look no further than CATRICE's range of cruelty-free and vegan ingredients. CATRICE is committed to being a cruelty-free and vegan brand, meaning that all of our products are free from animal-derived ingredients and are not tested on animals.
First up, the Glow Skin Renewal Toner is perfect for getting your skin ready for the big day. With nourishing ingredients like aloe vera, which helps to hydrate and soothe the skin. Glycolic acid helps to gently exfoliate and brighten the complexion. This toner will leave your skin feeling refreshed and revitalized.
Next, the Lift Up Volume and Lift Masc ......read more
In its commitment to its strategic humanitarian role
Kuwait, 12 February 2023: In support of the afflicted and the families of the victims of the recent earthquake that struck Turkey and some of its neighboring countries, Burgan Bank announced donating two million dollars to address their needs and help them overcome this crisis. One million dollars out of the total value of the donation was allocated to the Kuwait Red Crescent Society, for its effective and ongoing role from the first day the earthquake in supporting all efforts aimed at helping those in distress.
This step by Burgan Bank Group comes within the framework of its commitment to its humanitarian role, loca ......read more
As part of its social responsibility program and its patronage of sports
Kuwait, 12 February 2023: Burgan Bank recently participated in sponsoring the final match of the Kuwait Crown Prince Cup, held on February 6, 2023 at the Jaber Al-Ahmad International stadium, under the patronage and in the presence of His Highness the Crown Prince, Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. This platinum sponsorship came in line with Burgan’s ongoing support and patronage of Kuwait’s sports sector, a key component of the Bank’s social responsibility program.
The tournament’s finale saw Al-Arabi SC go head-to-head with Al-Salmiya SC in a lively match th ......read more
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