Latest from Banking, Investments, Money, Insurance, Futures, Stock in Kuwait and Middle East

Banking, Investments, Money and Insurance

Burgan Bank Announces its Diamond Sponsorship of New Kuwait Summit 2019

Kuwait City, 7 December, 2019: Burgan bank has announced that it will be the Diamond Sponsor of the New Kuwait Summit 2019. The event, held under the auspices of H.H. the Prime Minister Sheikh Sabah Al Khaled Al Sabah, will take place on December 10-11. Burgan Bank, under the umbrella of KIPCO, will be participating in the summit, ......Read More

Saturday, December 7, 2019

Burgan Bank announces the winner of the Al-Thuraya Salary Account monthly draw'

Kuwait – 4 December 2019: Burgan Bank, announced today Mr. YOUSEF ABDULLA ALZAWAID as the lucky winner of the draw prize of Al-Thuraya Salary Accounts monthly draw. The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. Each ......Read More

Wednesday, December 4, 2019

Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – December 4, 2019 - Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: • IBRAHEM TAHER ALBAGHLI • MUBARAK MOHAMMAD ALSAYER • OTHMAN ALI ......Read More

Wednesday, December 4, 2019

Burgan Bank Concludes its Participation in the ‘D Partners 5' Conference Advocating the Advancement ...

In Line with the Bank CSR Strategy Kuwait – November 30, 2019: Burgan Bank, one of the leading contributors to the welfare of the community, concluded its participation at the conference which advocates the advancement of people with disabilities in line with the Kuwait 2035 Vision. Organized by the Training ......Read More

Saturday, November 30, 2019
Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – November 24, 2019 - Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: 1. HANAN AHMED ALSHATI 2. MOHAMMAD EMAD ALBSHARAH 3. RIHAM ALSAYED ALNAFADH 4. BAHJA ABDUL-HAMEED MARAFI 5. ANWAR KAYED ALENEZI In addition to the daily draw, Burgan Bank also offers a Quarterly Draw with more chances to win higher rewards, offering the chance to one lucky customer to win KD 125,000 every three months. The Yawmi Account offers Daily and Quarterly Draws, wherein the Quarterly Draw requires customers to maintain a minimum amount of KD 500 in ......Read More

Sunday, November 24, 2019

Burgan Bank Appoints Raed Al-Haqhaq As Deputy Group Chief Executive Officer

Majed Al-Ajeel: “This Appointment Represents An Addition to Our Regional Footprint” Masoud Hayat: “Burgan Bank Group Supports National Talents” Kuwait – 23 November, 2019: Burgan Bank announced today the appointment of Mr. Raed Al-Haqhaq as Deputy Group Chief Executive ......Read More

Saturday, November 23, 2019

Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – November 18, 2019 - Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: • MAHMOUD MAHMOUD ALEMAM HASHEESH • MARYAM REJA HUWAIL ALSAHALI • ALI AWADH ABDULLAH ALSHATTI • AESHAH ......Read More

Monday, November 18, 2019

Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – November 17, 2019: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: • TAREQ FAISAL JASSIM ALRUBAIAAN • MARYAM REJA HUWAIL ALSAHALI • ALI AWADH ABDULLAH ALSHATTI • AESHAH ......Read More

Sunday, November 17, 2019
Q3'19 Earnings Call: Burgan Bank's performance driven by strong growth in Kuwait business

Kuwait – 16 November 2019: Mr. Raed Al-Haqhaq, Burgan Bank Deputy Group CEO and CEO-Kuwait, stated that Q3’19 was one of the strongest third quarters for the bank. In Q3’19, Burgan Bank generated Net Income of KD 22.7mn, Y-o-Y growth of 10.7%. The financial results of first 9 months of 2019 (9M 2019) was also ......Read More

Saturday, November 16, 2019

Dunlop Al Babtain launches New Pattern SP Sport LM705

Kuwait, 14 November, 2019 – Gulf Express, Al Babtain, the sole distributor of DUNLOP tires in the State of Kuwait launched its all NEW Pattern of Dunlop SP Sport LM705 tires, during an Annual Customer Meet held for more than 150 guests, at the JW Marriott Hotel, on the 28th of October, 2019. The Dunlop LM705 event was ......Read More

Thursday, November 14, 2019

Burgan Bank Celebrates the Successful Graduation of its Young Bankers

Kuwait 12 - November 2019: Burgan Bank, an employer of choice, recently celebrated the graduation of the newest batch of 21 trainees from its dedicated Academy program. Led by the Learning & Development department, the annual training platform develops the skills of young graduates and equips them with practical banking ......Read More

Tuesday, November 12, 2019

Burgan Bank and International Wheelchair Fencing Titleholder, Tareq Al-Qallaf Holds “Sabre Challenge ...

Bringing world-class sporting experiences to local youth Kuwait – 11 November 2019: Burgan Bank recently concluded its sponsorship of the “Sabre Challenge”, organized by the International Wheelchair Fencing Titleholder “Tareq Al-Qallaf”, which was held in Kuwait for the ......Read More

Monday, November 11, 2019
Burgan Bank announces the winner of the Al-Thuraya Salary Account monthly draw

Kuwait – 5 November 2019: Burgan Bank, announced today Mr. ISLAM MOHAMMED ALKAREEM as the lucky winner of the draw prize of Al-Thuraya Salary Accounts monthly draw. The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win KD 10,000 every month. ......Read More

Tuesday, November 5, 2019

Burgan Bank Supports ‘Autism Partnership Kuwait' for the Second Consecutive Year

The Bank raises the bar for children with autism to reach their full potential through optimal care Kuwait, 30 October 2019: Burgan Bank, one of the leading contributors to social inclusion in Kuwait, is proud to announce its support to Autism Partnership Kuwait (APK) for the rehabilitation and treatment of children with Autism Spectrum Disorder (ASD). Driven by the aim to improve the lives of children with autism spectrum disorders by aiding their successful integration into society, Burgan Bank signed a partnership agreement with Autism Partnership Kuwait for the second consecutive year 2019-2020. This ongoing initiative falls in line with Burgan Banks ......Read More

Wednesday, October 30, 2019

Burgan Bank invites its Premier customers to attend the expanded four screenings of “Terminator: Dar ...

Now offering four screenings instead of three due to high demand! Kuwait, 27 October, 2019: Burgan Bank in collaboration with Grand Cinemas announced today that Premier Banking customers will be offered the chance to watch the first screening of “Terminator: Dark Fate” movie for free at the most luxurious movie theatre – Grand Class VIP in Al Hamra Center, on Thursday, October 31st, 2019. The movie screening will be held on Thursday 31st of October, 2019, with four exclusive screenings instead of three. Wherein each Premier Customer is entitled to two free tickets on one of the four shows, at 2:30pm, 5:00pm, 7:45pm or ......Read More

Sunday, October 27, 2019

Sam Habbas honored with Lifetime Achievement Award by IFLR

Recognized for his exceptional service and contribution to promoting high standards in the law, promoting talent and nurturing lawyers in Kuwait Kuwait – 22 October 2019: ASAR - Al Ruwayeh & Partners (ASAR), Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier firms, ......Read More

Tuesday, October 22, 2019
Burgan Bank Posts Strong Earnings with Q3'19 Net Income of KD 22.7mn

9M Net Income of KD 67.5mn Return on Equity of 10.4% Kuwait – October 22, 2019: Burgan Bank K.P.S.C. (Burgan) announced its Q3’19 Financial Results, highlighting strong Net Income of KD 22.7mn for the third quarter, translating into an impressive growth of 10.7% Y-o-Y. Key ......Read More

Monday, October 21, 2019

ASAR – Al Ruwayeh & Partners bags 11th consecutive IFLR National Award for Kuwait and Lifetime Achie ...

Recognized for its exceptional service and innovation across the country’s noteworthy deals for the 11th consecutive year Kuwait – 19 October 2019: ASAR - Al Ruwayeh & Partners (ASAR), Kuwait’s leading and most prominent corporate law firm, and one of the region’s top tier firms, is pleased ......Read More

Saturday, October 19, 2019

Burgan Bank Announces the Third and Last Batch of Winners of its 200% Cash Back Draw

Kuwait – 09 October, 2019: Burgan Bank is pleased to announce the third and last group of its summer campaign 200% Cash Back draw winners for the month of September. The lucky winners of the Cash Back draw are: 1. HAMAD SULAIMAN DASHTI 2. ABDALAMIR BADER ALMUTAWAA 3. HUMOUD ALAZEMI 4. ......Read More

Wednesday, October 9, 2019

Burgan Bank Offers Free Coffee on the Occasion of ‘International Coffee Day' in Collaboration with T ...

Kuwait – September 30, 2019: Burgan Bank is partnering with Toby’s Estate, home of specialty and high-quality coffee to provide its valuable customers free coffee. Burgan Bank customers are entitled to receive any of their favourite coffee drink for free on International Coffee Day, Tuesday, October 1, 2019. The ......Read More

Monday, September 30, 2019
Burgan Bank launches a New Qatar Airways Co-branded Mastercard Prepaid Card

Kuwait – 28 September, 2019: Bringing all customers and non-customers exclusive shopping experiences and travel benefits, Burgan Bank has unveiled the Qatar Airways co-branded Mastercard Prepaid card in Kuwait. Continuing its long-standing collaboration with one of the leading global airlines, the new card accommodates all ......Read More

Saturday, September 28, 2019

Burgan Bank Receives Excellence Award in Recruitment of National Labor

During the meeting of the Ministers of Social Affairs in the Gulf Cooperation Council Kuwait – 26 September 2019: Burgan Bank, the progressive financial powerhouse in Kuwait and the region, announced its latest award from the Gulf Cooperation Council for the Arab States. Burgan Bank was nominated for achieving one of the highest ......Read More

Thursday, September 26, 2019

Burgan Bank announces the new winner of the KD 125,000 cash prize in the Yawmi Quarterly Draw,,

Kuwait- September 18, 2019: Burgan Bank announced Mr. MOHAMMAD KHALED ALAHMAD ALFALAKAWI as the new KD 125,000 cash prize winner in the Yawmi Quarterly Draw. The winner expressed his excitement for being the winner of the rewarding cash prize with Yawmi Account from Burgan Bank. The Yawmi Quarterly draw offers customers chances to ......Read More

Wednesday, September 18, 2019

Burgan Bank announces the new winner of the KD 125,000 cash prize in the Yawmi Quarterly Draw

Kuwait- September 17, 2019: Burgan Bank announced Mr. MOHAMMAD KHALED ALAHMAD ALFALAKAWI as the new KD 125,000 cash prize winner in the Yawmi Quarterly Draw. The winner expressed his excitement for being the winner of the rewarding cash prize with Yawmi Account from Burgan Bank. The Yawmi Quarterly draw offers customers chances ......Read More

Tuesday, September 17, 2019
Burgan Bank Participates in Central Bank of Kuwait's International Banking Conference: "Shaping ...

Kuwait – 16 September 2019: Burgan Bank, the progressive financial powerhouse in Kuwait and the region, announced today its sponsorship of the inaugural Central Bank of Kuwait International Banking Conference. The event, which takes place on Monday, September 23, 2019, will be held under the patronage of His Highness the Amir ......Read More

Monday, September 16, 2019

Burgan Bank Revamps its Al Thuraya Salary Account to Now Provide a New Range of Options and Features

Kuwait – 15 September 2019: As part of the Bank’s scheme to provide its customers with diverse benefits and offerings, Burgan Bank recently announced the revamp of its Al Thuraya Salary account which provides customers with new valuable and beneficial offerings and a monthly cash draw. The monthly draw now guarantees new ......Read More

Saturday, September 14, 2019

Burgan Bank Presents An Exclusive Back to School Offer to Credit Cardholders from “Eastpak”

Kuwait – 28 August, 2019: In the occasion of back to school, Burgan Bank announced a very exclusive deal with “Eastpak” to offer their credit card holders a 50% discount on all bags during a three-day promotional period taking place at the “Eastpak” store in Boulevard Mall. The offer will start on Thursday 29th ......Read More

Wednesday, August 28, 2019

Burgan Bank Sponsors Al-Ahmadi Governorate's Community Initiatives

Kuwait – 6 August, 2019: Maintaining its long-standing partnership with the Al Ahmadi Governorate, Burgan Bank recently announced its support of their year-long community initiatives. Dedicated to the betterment of the society across all spectrums, the bank’s commitment falls under its social responsibility to ......Read More

Tuesday, August 6, 2019
Burgan Bank announces the new winner of the Al Thuraya Salary Account Monthly draw''

Kuwait – 6 August 2019: Burgan Bank, announced today Mr. KHALED AHMAD ALOUM as the lucky winner of the Al Thuraya Salary Account monthly draw. The draw rewards new and existing customers who transfer their salary to Burgan Bank by offering them a chance to win a Nissan Patrol SUV every month. With every KD 10 available in the ......Read More

Monday, August 5, 2019

Burgan Bank Inaugurates New Branch in Sabah Al-Ahmad Sea City Al Khiran District

Expanding its network of 30 branches across Kuwait Kuwait – 4 August, 2019: Burgan Bank announced the opening of Al Khiran branch which is located in Sabah Al-Ahmad Sea City, under the patronage of Al-Ahmadi Governor, Sheikh Fawaz Al-Khalid Al-Sabah. With Al Khiran being one of the most popular destinations in ......Read More

Saturday, August 3, 2019

Burgan Bank's Customers Offered 10% Discount from Prominent Sportswear brand, ASICS

Kuwait – 1 August, 2019: Bringing its customers closer to the best brands around the world, Burgan Bank announced its latest offer on "ASICS", the popular footwear and sports equipment brand. Burgan Bank’s customers can now enjoy a 10% discount from “ASICS” through its long-standing partnership with ......Read More

Thursday, August 1, 2019

'Burgan Bank announces names of the daily lucky winners of Yawmi account draw

Kuwait – July 29, 2019 - Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: 1. ADNAN MOHAMMED HAMDAN ALHAMAD 2. ABDULNASER MOHAMMED ABUTALEB 3. ALAA ABDULLAH DAHNAN ALTEMEEMI 4. MAALI ALI ......Read More

Sunday, July 28, 2019
Burgan Bank offers Free Eideya Delivery Service to Premier Banking Customers'

Kuwait, 28 July 2019: Burgan Bank announced today the free Eideya Delivery service to Premier Banking Customers in collaboration with “Qiblah” company for concierge services. This service enables Premier Banking customers to receive new bank notes before the Eid holidays at their offices or homes, avoiding the hassle of ......Read More

Sunday, July 28, 2019

Burgan Bank Launch Burgan's Summer Young Bankers Program for 2019

Kuwait- 21 July 2019: Burgan Bank, a sought-after career destination providing opportunities for young achievers to shine and progress, recently selected and trained 20 interns’ girls and boys from secondary school during the summer. Organized by Burgan Bank’s Learning and Development Center, the annual summer training ......Read More

Sunday, July 21, 2019

'Burgan Bank announces names of the daily lucky winners of Yawmi account draw'

Kuwait – July 8, 2019: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: 1. KHAIRIYAH IBRAHIM MARAFI 2. VAIKUNTA RAJA CHENGIAH RAJA 3. ABDULHADI MOHAMMAD SADEQ ......Read More

Monday, July 8, 2019

Burgan Bank Customers Rewarded with Discounts at Salmiya Clinic

Kuwait – 6 July, 2019: Presenting its clients with unique benefits and privileges, Burgan Bank customers can now enjoy valuable deals at one of the growing health centers in Kuwait, Salmiya Clinic. Ensuring its customers with the highest quality of medical services, all Burgan Bank cardholders can avail of the discounts that ......Read More

Saturday, July 6, 2019
Burgan Bank K.p.s.c. Successfully Issues Us$500,000,000 Perpetual Tier 1 Capital Securities

Kuwait – 02 July 2019: Burgan Bank K.P.S.C., the second largest conventional bank by assets size in Kuwait, announced it has successfully placed Perpetual Tier 1 Capital Securities in the international debt capital markets. The securities comply with the Basel III regulatory framework that's adopted by the Central Bank of ......Read More

Wednesday, July 3, 2019

Joyalukkas Exchange opens branches in 3 new locations in Kuwait

June 26, 2019: Joyalukkas Exchange, the money exchange arm of Joyalukkas Group, further enhanced its presence in the Kuwait region with the inauguration of 3 new branches. The new branches were inaugurated by Mr. Antony Jos, Director, Joyalukkas Exchange in the presence of other dignitaries and customers. “Kuwait is a key ......Read More

Wednesday, June 26, 2019

Burgan Bank announces names of the daily lucky winners of Yawmi account draw''

Kuwait – June 23, 2019: Burgan Bank announced today the names of the daily draw winners of its Yawmi account draw, each taking home a cash-prize of KD 5,000. The lucky winners are: • HAROUN ABD ALHUSSAIN MOHAMMAD BAHMAN • ADEL MAHMOD MOHAMMAD BIN ......Read More

Sunday, June 23, 2019

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