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

Banking, Investments, Money and Insurance

KIB to be closed during the Prophet's Birthday (1446H) holiday, providing services through digital p ...

Kuwait, 12 September 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Prophet’s Birthday (1446H) holiday. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the holiday. The Bank will be closed for business on Sunday, 15 September 2024. Normal working hours will resume on Monday, 16 September 2024. KIB highlighted its commitment to serving its customers and enabling them to follow up on their financial affairs and complete their banking transactions with the utmost efficiency and without disruption at all times. The Bank indicated that it will continue ......Read More

Thursday, September 12, 2024

KIB boosts banking culture among The Warehouse Mall visitors and introduces them to diverse products ...

Kuwait, 11 September 2024: Kuwait International Bank (KIB) announced the setup of a special booth at The Warehouse Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's ......Read More

Wednesday, September 11, 2024

KIB announces winners of Al Dirwaza account's weekly draw w1

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 10 September 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Tuesday, September 10, 2024

Ooredoo Kuwait Launches "Flexible Working Hours" and "Remote Work" to Support a ...

Omar Al Bassam: “As a people-oriented company, we focus on innovative programs that boost employee productivity” “Investing in national talent remains our top priority” Kuwait – 09 Sep 2024: Ooredoo Kuwait continues to enhance its internal work environment by adopting policies and programs aimed at creating ......Read More

Monday, September 9, 2024
KIB establishes Kuwait's largest comprehensive digital repository for real estate data

Kuwait, 9 September 2024: Kuwait International Bank (KIB) has announced the establishment of the largest comprehensive digital repository for real estate data in Kuwait, as part of its strategy to promote digital innovation in the real estate sector. This initiative addresses the urgent need for an exhaustive and easily accessible reference for ......Read More

Monday, September 9, 2024

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Kuwait, 10 September 2024 Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher ......Read More

Monday, September 9, 2024

Burgan Bank Expands its Private Banking Network to Include Al-Adailiya Branch

Confirming its commitment to offering high-net-worth clients a convenient private banking experience Kuwait, 9 September 2024 Burgan Bank announced that high-net-worth (HNW) clients can now enjoy the full range of Private Banking and Wealth Management services and products at the Al-Adailiya branch, making it the second Private Banking ......Read More

Monday, September 9, 2024

Burgan Bank Ranks Among “The Banker's” Top 100 Arab Banks in 2024, Marking a New Achievement

The Bank ranked 35th on the magazine’s list, confirming the strength of its financial standing and the success of its efforts in pursuing excellence and leadership Kuwait, 9 September 2024 Burgan Bank, one of the most prominent financial institutions in the region, added a new achievement to its track record by ranking 35th on The ......Read More

Monday, September 9, 2024
Burgan Bank Receives Prestigious LEED Gold Certification for Head Office Building

Reflecting its commitment to ESG and its leading role in championing sustainability in Kuwait Kuwait, 8 September 2024 Burgan Bank announced that it has been awarded the prestigious Leadership in Energy and Environmental Design- LEED v4.1 O+M: EB (Operations and Maintenance - Existing Buildings) Gold Certification by the U.S. Green Building ......Read More

Saturday, September 7, 2024

Burgan Bank and Free Jabriya Bring Back Miami Band's “Feykom Tarab? Sukkar Zeyada!” to Life in a Mul ...

Confirming its unwavering commitment to the advancement of Kuwait’s arts and culture industry, supporting aspiring skilled artists, and engaging youth Kuwait, 5 September 2024 Expanding on the massive success and wide public acclaim of “Feykom Tarab? A Night with Miami”, which presented audiences with a uniquely immersive ......Read More

Wednesday, September 4, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw sep-w1

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 3 September 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of ......Read More

Wednesday, September 4, 2024

KIB boosts banking culture among Marina Mall visitors and introduces them to diverse products and se ...

Kuwait, 2 September 2024: Kuwait International Bank (KIB) announced the setup of a special booth at Marina Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's Be ......Read More

Monday, September 2, 2024
KIB successfully concludes its Life Academy Summer Camp for employees' children and relatives

Kuwait, 1 September 2024: Kuwait International Bank (KIB) announced the successful conclusion of its KIB Life Academy Summer Camp for the second year, organized in collaboration with the international programming school Algorithmics Kuwait for the children of its employees and their relatives. This initiative reflects the Bank's strong belief ......Read More

Monday, September 2, 2024

KIB announces winners of Al Dirwaza account's weekly draw - w4 August

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 27 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Tuesday, August 27, 2024

Ooredoo Kuwait Secures Two Wins in the Stevie Awards for Technology Excellence and International Bus ...

[Kuwait, 25th August 2024] Continuing its legacy of leadership in the global telecommunications industry, Ooredoo Kuwait, the pioneer in telecommunications and integrated digital solutions, has added two prestigious titles to its growing list of accolades at this year’s Stevie Awards round. The company’s relentless pursuit of ......Read More

Sunday, August 25, 2024

KIB launches its first full-fledged self-service ITM at Qurtoba Co-op

Kuwait, 24 August 2024: Kuwait International Bank (KIB) announced the launch of its first self-service ITM at Qurtoba Co-op in an effort to guarantee easy access to all KIB banking services and provide them in a modern and more convenient manner. This comes as part of the Bank’s commitment to implementing its comprehensive digital ......Read More

Saturday, August 24, 2024
KIB Life Academy sponsors four KIB employees to pursue their dual master's degree at the American Un ...

Kuwait, 21 August 2024: Kuwait International Bank (KIB) announced that its KIB Life Academy, in collaboration with the American University of the Middle East (AUM), will sponsor four distinguished employees intending to pursue their dual master’s degree in business administration as part of the AUM-MBA Program with Joint Graduate Degree. ......Read More

Wednesday, August 21, 2024

Ooredoo Kuwait Champions National Leadership with Strategic Talent Development Initiatives

Omar Al-Bassam: Empowering the Next Generation of Kuwait’s Telecommunications Leaders Over 95% of Executive Roles Successfully Localized Investing in Local Talent and Advancing Telecommunications Issa Al-Bashir: Partnering with Universities to Tailor Programs for Kuwaiti Youth [Kuwait, 20th August 2024] Ooredoo Kuwait ......Read More

Tuesday, August 20, 2024

KIB announces winners of Al Dirwaza account's weekly draw w3

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 20 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Tuesday, August 20, 2024

Burgan Bank Appoints Bader Al-Turkait as Deputy General Manager of Financial Institutions

Confirming its commitment to the nationwide Kuwaitization strategy Kuwait, 21 August 2024 Burgan Bank announced the appointment of Mr. Bader Al-Turkait as Deputy General Manager of Financial Institutions (FI) under the umbrella of its Treasury and Financial Institutions Group. In a series of new leadership appointments across its various ......Read More

Tuesday, August 20, 2024
Burgan Bank Shares Banking Awareness Tips with Customers During Travel Season

In line with its steadfast support of the “Let’s Be Aware” (Diraya) campaign for the fourth consecutive year Kuwait, 20 August 2024 For the fourth consecutive year, Burgan Bank upholds its committed support for the “Let’s Be Aware” (Diraya) financial literacy and banking awareness campaign, launched by the ......Read More

Monday, August 19, 2024

KIB announces the winners of the second draw in its Summer Card Campaign

Kuwait, 19 August 2024: Kuwait International Bank (KIB) has announced the names of the winners of the second draw in its Summer Card Campaign, designed to reward its Visa Credit and Prepaid Cardholders and recently launched in collaboration with Visa. The winners are Naser Abdulaziza AlMutawaa, Talal Abdullah Alkhurayef, Athaar Rasheed AlMutairi, ......Read More

Monday, August 19, 2024

Burgan Bank Organizes its Annual Blood Donation Campaign for Employees

Cementing its role as a proactive corporate citizen in supporting the healthcare sector in Kuwait Kuwait, 19 August 2024 Burgan Bank recently concluded its annual blood donation campaign for its employees in a new effort to show solidarity with the community and play a proactive role in supporting Kuwait’s healthcare system. The ......Read More

Monday, August 19, 2024

KIB receives the “Best Retail Banking Product” 2024 Award from World Finance magazine

Kuwait, 17 August 2024: Kuwait International Bank (KIB) announced receiving the “Best Retail Banking Product” award for the year 2024 from World Finance magazine. This recognition celebrates the Bank’s recent success in upgrading the KIB retail mobile application, designed to deliver an advanced level of digital banking services ......Read More

Saturday, August 17, 2024
Burgan Bank Unveils its Central Hub for Innovation and Transformation, “Burgan Lab”

Reffirming its commitment to being at the forefront of technological advancement and customer satisfaction Kuwait, 18 August 2024 Burgan Bank announced the launch of its innovation and digital transformation central hub, “Burgan Lab”; in its latest effort to foster a culture of collaboration, creativity, and excellence. ......Read More

Saturday, August 17, 2024

KIB boosts banking culture among Assima Mall visitors and introduces them to diverse products and se ...

Kuwait, 15 August 2024: Kuwait International Bank (KIB) announced the setup of a special booth at Assima Mall with the aim of raising banking awareness and financial literacy among community members. This effort aligns with KIB's ongoing and dedicated initiatives to support the directives and recommendations of the “Let's Be ......Read More

Thursday, August 15, 2024

Agility Reports Q2 2024 Net Profit of KD 6 Million

Q2 2024 (Million KD) Q2 2023 (Million KD) Variance (%) H1 2024 (Million KD) H1 2023 (Million ......Read More

Thursday, August 15, 2024

KIB warns customers against falling victim to real estate fraud through social media platforms and a ...

Kuwait, 14 August 2024: Kuwait International Bank (KIB) has issued a warning to its customers about new types of fraud targeting individuals seeking properties for sale, rent, and investment through widely used social media platforms and advertisement applications. The Bank explained that many people have fallen victim to some of these scams, ......Read More

Wednesday, August 14, 2024
KIB announces winners of Al Dirwaza account's weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 13 August 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Tuesday, August 13, 2024

KIB signs innovation cooperation agreement with the Australian University

Kuwait, 10 August 2024: Kuwait International Bank (KIB) announced the signing of an innovation cooperation agreement with the Australian University (AU), which aims to involve university students in a specialized innovation boot camp designed to help them address various banking challenges and propose innovative solutions. The agreement also ......Read More

Saturday, August 10, 2024

Burgan Cares: Expanding Educational Support with MBA Programs Alongside Continued Bachelor's Degree ...

As part of the Bank’s dedicated commitment to the holistic development of its human capital Kuwait, 11 August 2024 Burgan Bank recently celebrated three of its employees who completed their undergraduate studies and earned their bachelor’s degrees as part of the “Burgan Cares” program, which has now expanded to ......Read More

Saturday, August 10, 2024

KIB renews its graduate training program in collaboration with Union of Consumer Co-Operative Societ ...

Kuwait, 7 August 2024: Kuwait International Bank (KIB) announced the relaunch of the field training and part-time work project for recent graduates, in collaboration with the Union of Consumer Co-Operative Societies. This initiative is part of the Bank’s social responsibility program and its strategy to play a role in training and qualifying ......Read More

Wednesday, August 7, 2024
Burgan Bank Celebrates the Outstanding Academic Achievement of Employees' Graduating Children

Confirming its steadfast support of the growth and success of employees and their families Kuwait, 7 August 2024 As part of its unwavering support for its employees and their families, Burgan Bank organized a ceremony to honor the academically outstanding children of its employees, who graduated from high school with top honors. The ceremony ......Read More

Tuesday, August 6, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 6 August 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Tuesday, August 6, 2024

KIB records key achievements in H1'24, further elevating its digital infrastructure via electronic c ...

Within the framework of its expansion plans and digital transformation strategy Kuwait, 5 August 2024: Kuwait International Bank (KIB) has announced a list of key achievements during the first half (H1) of 2024, reflecting the Retail Banking Department’s ongoing efforts towards providing the best quality of digital banking services ......Read More

Monday, August 5, 2024

Burgan Bank Reaffirms Support of Kuwaiti Athletes at Paris 2024 Olympic Games

As part of the Bank’s partnership with KOC and its dedicated efforts to bolster the sports culture in Kuwait Kuwait, 6 August 2024 As the 2024 Olympic Games unfold in Paris, Burgan Bank reaffirms its unwavering support of Team Kuwait, commending the extraordinary athletes’ efforts in pursuing Olympic glory. This comes as part of ......Read More

Monday, August 5, 2024
Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Kuwait, 4 August 2024 Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date are included in the draw, and their chances of winning increases with higher ......Read More

Saturday, August 3, 2024

Ooredoo Group H1 2024

Ooredoo’s commercial and financial performance remains solid Normalized Net Profit growth of 14% Doha, Qatar, 31 July 2024: Ooredoo Q.P.S.C. (“Ooredoo”) – Ticker: ORDS announced its financial results for the six-month period-ended 30 June 2024. HALF YEAR 2024 (H1 2024) HIGHLIGHTS: ......Read More

Wednesday, July 31, 2024

KIB enriches its retail mobile application with new features for enhanced convenience and safety

Kuwait, 31 July 2024: Kuwait International Bank (KIB) has fortified its retail banking digital platform, KIB Mobile, with new features, confirming the Bank’s commitment to its comprehensive digital strategy and unwavering efforts to elevate its customers’ banking experience. On its mission to achieve its digital strategy’s goals, ......Read More

Wednesday, July 31, 2024

Burgan Bank Reports Net Income of KD 21 million in the first half of 2024

Kuwait, 31 July 2024 Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first half of 2024 (H1’24), for the period ending June 30, 2024. The Bank reported KD 111 million in revenues for H1’24, marking an impressive growth of 19% year-on-year (y-o-y). The increase in revenues was ......Read More

Wednesday, July 31, 2024
KIB announces winners of Al Dirwaza account's weekly draw w-4

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 29 July 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the ......Read More

Monday, July 29, 2024

Ooredoo Kuwait Expands Nojoom Rewards Program with Strategic Partnership with Landmark Group

[Kuwait City, 29th July 2024] – Reaffirming its role as a trusted partner to its customers, extending far beyond its position as a leading integrated telecommunications provider, Ooredoo Kuwait, proudly announces a new collaboration under the award-winning Nojoom Awards program - the largest and most celebrated customer rewards initiative. ......Read More

Monday, July 29, 2024

Burgan Bank Celebrates 18 Aspiring Graduates from the “Empower Her” Summer Internship Program

As part of its comprehensive social responsibility program and unwavering commitment to women's empowerment Kuwait, 30 July 2024 Burgan Bank recently hosted a ceremony celebrating 18 young women who completed “Empower Her”, the Bank’s summer internship program for undergraduate students. The event took place at the ......Read More

Monday, July 29, 2024

Designs for Shuwaikh Beach development complete and project enters tendering stage

Kuwait, 28 July 2024: At the core of the Kuwait Municipality’s continuous developmental efforts, a significant stride has been taken in the Shuwaikh Beach Development Project, an initiative that promises to boost the landscape of leisure and recreation in Kuwait. As of the beginning of 2024, all the project’s design stages have been ......Read More

Sunday, July 28, 2024
KIB launches new initiative to empower Kuwaiti SMEs

Kuwait, 27 July 2024: Kuwait International Bank (KIB) has announced the launch of a new initiative titled “Empowering Kuwaiti Startups”, designed to support local small and medium-sized enterprises (SMEs) that play a vital role in the economy. The new initiative underscores KIB’s commitment to fostering local business growth and ......Read More

Saturday, July 27, 2024

LG Releases Second-Quarter 2024 Financial Results

Company Sets New Records for Second Quarter Revenue and Operating Profit Through Balanced Qualitative Growth in Core and Future Businesses Dubai, July 26, 2024 — LG Electronics Inc. (LG) today announced second-quarter 2024 consolidated revenue of KRW 21.69 trillion and operating profit of KRW 1.20 trillion, reflecting an 8.5 percent ......Read More

Friday, July 26, 2024

Ooredoo Kuwait Participates in Launching New “Kashef” Service

[Kuwait, 24th July 2024] In the press conference hosted by the Communications and Information Technology Regulatory Authority (CITRA) in Kuwait, Ooredoo Kuwait affirmed its pivotal role in the launch of the new “Kashef” service. This innovative service, developed in collaboration with local telecommunications operators, including ......Read More

Thursday, July 25, 2024

S&P Affirms Burgan Bank's “BBB+/A-2” Long-term and Short-term Issuer Credit Rating with a “Stable” O ...

Confirming the strength of the Bank’s financial core and its prudent risk management Kuwait, 25 July 2024 Burgan Bank announced that Standard & Poor’s Global Ratings (S&P) has affirmed its long-term and short-term issuer credit ratings at “BBB+/A-2” with a “stable” outlook, reflecting its ......Read More

Wednesday, July 24, 2024
KIB announces winners of Al Dirwaza account's weekly draw Julyweek4

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 24 July 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Wednesday, July 24, 2024

KIB Group's net profits during H1 2024 reach KD 12 million

Kuwait, 24 July 2024: Kuwait International Bank (KIB) Chairman Sheikh Mohammed Jarrah Al-Sabah has revealed the financial results for the first half (H1) of the year, which ended on 30 June 2024. During this period, KIB achieved KD 12 million of net profit attributable to shareholders, (i.e. 103% growth) with earnings per share (EPS) standing at ......Read More

Wednesday, July 24, 2024

Ooredoo Kuwait Appoints Issa Haidar as Chief Technology Officer

Kuwait City, [22-07-24] – Ooredoo Kuwait, renowned for its commitment to technological advancement and nationalization initiatives, proudly announces the appointment of Issa Haidar as Chief Technology Officer, effective immediately. In his new role, Haidar will spearhead Ooredoo Kuwait's strategic technology initiatives, aligning them ......Read More

Monday, July 22, 2024

KIB announces monthly draw winners of ‘Win with KIB Rewards' campaign

Kuwait, 22 July 2024: Kuwait International Bank (KIB) has announced the draw winners of its new ‘Win with KIB Rewards’ campaign for the month of June. Running monthly until the end of the year, the campaign aims to reward customers who use KIB’s Banking App to open an Al Dirwaza account, issue a Multicurrency prepaid card, or ......Read More

Monday, July 22, 2024
Ooredoo Kuwait Group reported a 9% increase in revenue to KWD 346 million in H1 2024

Earnings per share of 50 fils Kuwait City, 21st July 2024: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the half year ended 30 June 2024: Financial Highlights: Quarterly Analysis Half Year ......Read More

Monday, July 22, 2024

Burgan Bank Hosts the Winner of the KD 500,000 Kanz Semi-Annual Draw Prize

Confirming its steadfast commitment to rewarding its loyal customers and encouraging the savings culture in Kuwait Kuwait, 22 July 2024 Burgan Bank recently welcomed Mr. Mohammad Hassan Zeinalpour, who was announced the winner of the KD 500,000 Kanz semi-annual draw, at its head office where he met with Burgan Bank’s management. This ......Read More

Monday, July 22, 2024

Burgan Bank Celebrates the Return of its Flagship Talent Development Program Ro'ya in its 2024 Editi ...

As part of the Bank’s committed human capital development strategy Kuwait, 21 July 2024 Burgan Bank recently launched the 2024 edition of its flagship development program Ro’ya, which 50 select Burgan talents will be attending this year. The launch ceremony was held at “The Rock”, the iconic recreational space of ......Read More

Monday, July 22, 2024

KIB enhances its banking solutions with the launch of WAMD for instant payments and money transfers ...

Kuwait, 20 July 2024: Kuwait International Bank (KIB) announced the launch of the new WAMD service, designed to provide a more efficient, secure and convenient experience for customers when making instant payments and money transfers via the KIB Mobile app. The new instant payment system, powered by KNET under the authority and supervision of the ......Read More

Monday, July 22, 2024
Three Pace projects shortlisted for the World Architecture Festival Awards 2024

Kuwait, 17 July 2024: Pace is pleased to announce that three of its projects have made it to the final shortlist for the World Architecture Festival (WAF) Awards 2024. The festival is set to take place from November 6 to 8, 2024, in Singapore. The largest architectural awards program of its kind in the world, WAF features live judging of ......Read More

Thursday, July 18, 2024

Burgan Bank Inaugurates On-Site Medical Clinic at its Head Office

Ensuring that employees receive uncompromised care every day Kuwait, 19 July 2024 In a new effort to continue providing a well-rounded, healthy work environment that caters to employees' holistic well-being, Burgan Bank announced that a dedicated healthcare professional will be available at the HQ’s medical clinic to tend to the ......Read More

Thursday, July 18, 2024

KIB announces winners of Al Dirwaza account's weekly draw Julyweek3

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 17 July 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Thursday, July 18, 2024

KIB concludes its annual blood donation campaign in collaboration with Kuwait Central Blood Bank

Kuwait, 15 July 2024: Kuwait International Bank (KIB) announced the conclusion of its annual blood donation campaign, which was launched in collaboration with the Kuwait Central Blood Bank under the slogan “Your Donation Saves Lives”. This initiative comes as part of KIB’s comprehensive social responsibility strategy, which ......Read More

Monday, July 15, 2024
Jahez-Kuwait launches daily cashback campaign during July

Alsaei: Offering daily cashback incentives will improve the overall customer experience and provide added value with every order placed through the Jahez App Kuwait City, 00 July 2024: Jahez International Company (“Jahez-Kuwait”), a pioneering platform that connects customers with their favorite restaurants through online ......Read More

Monday, July 15, 2024

Burgan Bank Renews its Participation in the “Partners to Hire” Graduation Ceremony and Employment Fo ...

Upholding its commitment to the value of inclusivity for all Kuwaiti talents Kuwait, 15 July 2024 In its latest effort to support people with disabilities in Kuwait, Burgan Bank participated in the graduation ceremony for the fifth batch of talented participants in the “Partners to Hire” program. The ceremony was organized and ......Read More

Monday, July 15, 2024

Burgan Bank Celebrates the Graduation of 30 Employees from its Leading Training Programs

Confirming its steadfast commitment to its human capital development strategy Kuwait, 14 July 2024 Burgan Bank recently celebrated 30 of its most aspiring employees across different professional levels for completing two of the Bank’s most notable training programs: “Entelaqah program ” alongside the “Investment and ......Read More

Sunday, July 14, 2024

Burgan Bank's Barrak Al-Mattar Receives World CIO 200 Summit's “Legend CIO” Award

Confirming Burgan leaders’ far-reaching influence on the advancement of Kuwait’s banking industry Kuwait, 10 July 2024: Burgan Bank is proud to announce that its Information Technology General Manager Mr. Barrak Al-Mattar has been awarded the “Legend CIO” award in the “20+ years’ experience in the ......Read More

Wednesday, July 10, 2024
Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account June 2024

Kuwait, 11 July 2024 Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits. The ......Read More

Wednesday, July 10, 2024

KIB announces winners of Al Dirwaza account's weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 10 July 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Wednesday, July 10, 2024

Burgan Bank Signs MoU with KFINCO to Become Sole Partner Bank in Kuwait

To provide fronting services and in a continued effort to actively contribute to Kuwait’s economic growth and development Kuwait, 10 July 2024: Burgan Bank announced signing a memorandum of understanding (MoU) with Korea Finance for Construction (KFINCO), making Burgan the sole representing bank in Kuwait for the South Korean co-op ......Read More

Tuesday, July 9, 2024

Ooredoo Kuwait Elevates User Experience with In-App Smart Pay Feature

[Kuwait, 9th July 2024]- Continuing to take bolder and wider strides in driving digital innovation to enrich the digital lives of its customers, Ooredoo Kuwait proudly presents its Smart Pay feature, an ingenious addition to the Ooredoo App that caters to both postpaid and prepaid users. Designed to elevate user convenience and guarantee ......Read More

Tuesday, July 9, 2024
KIB warns customers of new scam tactics on digital platforms

Kuwait, 9 July 2024: Kuwait International Bank (KIB) has announced the detection of a new wave of online financial scam operations that rely on various digital communication platforms and target all user categories. The Bank reiterated its warning to customers to avoid falling victim to such schemes that expose their financial and personal data to ......Read More

Tuesday, July 9, 2024

Burgan Bank Crowns Kanz Semi-Annual Draw Winner of the KD 500,000 Cash Prize

As part of its dedicated strategy for rewarding customers and encouraging people to adopt better savings practices Kuwait, 7 July 2024: Burgan Bank announced its latest winner of the semi-annual draw of the Kanz account, during a recent event held at 360 Mall. At the center of the festivities, Mr. Mohammad Hassan Zeinalpour was crowned as the winner of the KD 500,000 cash prize, in the presence of the Ministry of Commerce and Industry representative and representatives of Burgan Bank’s Executive Management. Presented by prominent media figure Dana Al-Owaisi, the event featured a competition that called on the audience to guess the number of coins in the Kanz treasure chest for ......Read More

Monday, July 8, 2024

Ooredoo Kuwait Launches Summer Internship Program for Second Consecutive Year in Collaboration with ...

[Kuwait, 3rd July 2024]- In its continued commitment to empowering the community, Ooredoo Kuwait has launched its summer internship for high school students, focusing on fostering talent and skills among the youth. This initiative is part of the second season of "WAED," a distinguished youth development program in Kuwait, ......Read More

Wednesday, July 3, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw W-1

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 3 July 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Wednesday, July 3, 2024
Ooredoo Kuwait Introduces Innovative Electronic SIM Card For Worldwide Roaming Users

[Kuwait, 1st July 2024] As the travel season begins and many plan their summer vacations abroad, Ooredoo Kuwait, a leader in integrated telecommunications services, has launched innovative roaming solutions. These offerings aim to support travelers from Kuwait, whether they are Ooredoo customers or not. A key feature is the Ooredoo electronic ......Read More

Monday, July 1, 2024

Agility 2023 Sustainability Report Shows Improved Sustainability Performance

Green warehouses, net-zero commitments, enhanced diversity, and digital skill building in the community highlight company's environmental, social progress KUWAIT – July 1, 2024 – Agility, a supply chain services, infrastructure and innovation company, released its 2023 Sustainability Report, showing the company has made ......Read More

Monday, July 1, 2024

KIB offers free round-trip airport limo rides for Visa Infinite credit card holders

Kuwait, 29 June 2024: As part of its ongoing commitment to providing exceptional value and exclusive benefits to its elite segment, Kuwait International Bank (KIB) has announced an exclusive new offer for its Visa Infinite Credit Card premium customers. KIB is offering free round-trip airport limousine rides, fully covered by the Bank, through its ......Read More

Saturday, June 29, 2024

Ooredoo Kuwait offers new video game devices during the summer holiday

[Kuwait, 26th June 2024] In an effort to guarantee an uninterrupted gaming experience throughout the summer holiday, Ooredoo Kuwait, a pioneer in integrated telecommunications and technological innovation, recently unveiled its special offers on the new and diverse array of popular gaming and modern entertainment devices. This initiative ......Read More

Wednesday, June 26, 2024
KIB concludes two-day Al Dirwaza promotional event at Al Khiran Mall

Kuwait, 25 June 2024: To mark the occasion of Eid Al-Adha, Kuwait International Bank (KIB) recently held a promotional event at Al Khiran Mall, featuring a dynamic booth that allowed visitors to open an Al Dirwaza account and be rewarded with instant gifts. Over the course of two days, mall visitors were given the opportunity to spin the wheel to ......Read More

Tuesday, June 25, 2024

KIB announces winners of Al Dirwaza account's weekly draw w4-june

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 24 June 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Tuesday, June 25, 2024

Ooredoo Celebrates Kuwait's Top Graduates by Displaying Their Photos on Their Tower

Kuwait 24th June 2024: In a move reflecting its commitment to supporting the youth community, Ooredoo Kuwait celebrated the achievements of the country's top high school students by showcasing their photos on the screens of its headquarters. This tribute, honoring the outstanding performance of students in the 2023/2024 academic year, ......Read More

Monday, June 24, 2024

Burgan Bank Joins GCC Real-Time Payments System AFAQ

Under the umbrella of its committed digital transformation strategy Kuwait, 25 June 2024: Burgan Bank announced adopting the GCC real-time payments system AFAQ, becoming one of the earliest Kuwaiti banks to join the cross-border platform, in line with the Central Bank of Kuwait’s (CBK) plans to keep pace with the latest developments ......Read More

Monday, June 24, 2024
KIB honors its Q1 2024 top-performing employees

Kuwait, 23 June 2024: As part of its ongoing efforts to encourage its staff and invest in its outstanding talents, Kuwait International Bank’s (KIB) Retail Banking Department (RBD) organized its quarterly Excellence Recognition event during which the top-performing employees for the first quarter of 2024 were announced and rewarded. This ......Read More

Monday, June 24, 2024

KIB concludes its participation in the Bonds, Loans & Sukuk Middle East 2024 Conference

Kuwait, 22 June 2024: Kuwait International Bank (KIB) announced the conclusion of its participation in the Bonds, Loans & Sukuk Middle East 2024 Conference, the largest banking and investment event in the region. The Bank’s participation reaffirms its leading position among financial and banking institutions that actively contribute to ......Read More

Sunday, June 23, 2024

KIB announces winners of Al Dirwaza account's weekly draw W3

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 20 June 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Friday, June 21, 2024

KIB announces monthly draw winners of ‘Win with KIB Rewards' campaign

Kuwait, 19 June 2024: Kuwait International Bank (KIB) has announced the draw winners of its new ‘Win with KIB Rewards’ campaign for the month of May. Running monthly until the end of the year, the campaign aims to reward customers who use KIB’s Banking App to open an Al Dirwaza account, issue a Multicurrency prepaid card, or open ......Read More

Wednesday, June 19, 2024
KIB sponsors, participates in the International Arab Banking Summit in Turkey

Kuwait, 18 June 2024: Kuwait International Bank (KIB) recently sponsored and took part in the International Arab Banking Summit “Istanbul 2024”, which was organized by the Union of Arab Banks (UAB) in collaboration with the Central Bank of Turkey and the Banks Association of Turkey. Held under the auspices of the President of Turkey, ......Read More

Wednesday, June 19, 2024

KIB to be closed during Eid Al-Adha holiday, providing services through digital platforms

Kuwait, 13 June 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during Arafat Day and Eid Al-Adha holiday for the Hijri year 1445. The Bank aims to meet the needs of its customers, whether inside Kuwait or abroad, during the holiday break. The Bank will be officially closed starting Sunday, 16 June 2024 till Tuesday, 18 June 2024. Saturday, 15 June 2024 will be an official holiday on the occasion of Arafat Day, while Sunday, Monday and Tuesday will be official Eid Al-Adha holidays. The Bank’s working hours will resume on Wednesday, 19 June 2024. KIB highlighted its commitment to serving its customers ......Read More

Thursday, June 13, 2024

Moody's Affirms Burgan Bank's Credit Rating with Stable Outlook

Reflecting the strength of the Burgan brand, its solid profitability, the quality of its assets, and its enhanced capital buffers Kuwait, 13 June 2024: Burgan Bank announced that Moody’s Ratings (Moody’s) has affirmed its long-term local and foreign currency bank deposit ratings at “Baa1” with a stable outlook and ......Read More

Wednesday, June 12, 2024

Ooredoo Kuwait Introduces Enhanced Roaming Offers in Saudi Arabia to Support Hajj Pilgrims

[Kuwait, 27th May 2024] Dedicated to supporting its local community year-round during travel seasons, especially on significant occasions like the Hajj pilgrimage to Mecca, Saudi Arabia, Ooredoo Kuwait, leader in integrated and innovative telecommunications, announced its special roaming offers, purposely launched for the Hajj pilgrims. From ......Read More

Wednesday, June 12, 2024
KIB's Diraya travel tips and comprehensive approach to financial literacy empower travelers

Kuwait, 12 June 2024: Kuwait International Bank (KIB) continues to play a pivotal role in the “Let’s Be Aware” (Diraya) national campaign for the fourth consecutive year, remaining focused on raising the banking safety awareness of its customers and members of the community. As part of its steadfast efforts in this regard, the ......Read More

Wednesday, June 12, 2024

KIB announces winners of Al Dirwaza account's weekly draw - W2

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 11 June 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Tuesday, June 11, 2024

Burgan Bank Participates in Oracle's ‘Navigating Digital Transformation' Conference

In line with its dedicated technology and digital transformation strategy Kuwait, 12 June 2024: Burgan Bank recently participated in the one-day digital transformation conference hosted by Oracle, titled “Navigating Digital Transformation: Oracle’s Blueprint for Data and Application Platforms Excellence and Security”. The ......Read More

Tuesday, June 11, 2024

KIB sponsors the first Sard public speaking event

Kuwait, 10 June 2024: As a constant supporter of Kuwait’s youth and their comprehensive development, Kuwait International Bank (KIB) concluded its sponsorship of Sard’s debut event, Student Speaker Series, which took place at Promenade Mall’s Soapbox. The event saw a high turnout of participants who benefited from the ......Read More

Monday, June 10, 2024
Burgan Bank Sponsors and Participates in the Bonds, Loans & Sukuk Middle East Conference in Dubai

Cementing its active role in expanding investments and bolstering economies across the region Kuwait, 11 June 2024: As part of its efforts to play an active role in shaping the regional investments market, Burgan Bank recently attended the Middle East's largest corporate and investment banking event, Bonds, Loans & Sukuk Middle ......Read More

Monday, June 10, 2024

Burgan Bank Announces the Names of the Monthly Draw Winners of Kanz Account

Kuwait, 10 June 2024: Burgan Bank announced today the names of the Kanz account monthly draw winners, who will each take home a KD 2,000 cash-prize. All Kanz customers who maintain a minimum balance of KD 200 for at least one week before the draw date, are included in the draw, and their chances of winning increase with higher deposits. The ......Read More

Monday, June 10, 2024

Ooredoo Kuwait Commemorates World Environment Day with Campaign to Support Local Agriculture

[Kuwait, 8th June 2024] Telecommunications leader, Ooredoo Kuwait, is once again taking the lead in promoting environmental sustainability, commemorating World Environment Day with a new campaign - dedicated to supporting local agricultural businesses and highlighting their contribution to society and the environment. This campaign underscores ......Read More

Sunday, June 9, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw - w1

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 6 June 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Friday, June 7, 2024
Burgan Bank Appoints Mishary Al-Essa as New Deputy General Manager of Investments

Confirming its dedication to the development of Kuwait’s top national calibers Kuwait, 5 June 2024: In line with its human capital development strategy, Burgan Bank recently welcomed Mr. Mishary Al-Essa as its newly appointed Deputy General Manager of Investments. This follows a series of highly valuable talent acquisitions, which ......Read More

Tuesday, June 4, 2024

KIB Launches Summer Campaign for Visa Credit and Prepaid Cardholders

Kuwait, 3 June 2024: Kuwait International Bank (KIB), in partnership with Visa, announced the launch of its highly anticipated Summer Card Campaign to reward its Visa Credit and Prepaid Cardholders. The campaign will be running throughout the entire summer season between June and August, offering eligible participants the chance to enter monthly ......Read More

Monday, June 3, 2024

Ooredoo Kuwait Sponsors Alnowair's Young Women Leadership Workshop

[Kuwait, 3rd June 2024] Committed to championing youth and women empowerment through impactful initiatives as part of its corporate citizenship efforts, telecommunications leader, Ooredoo Kuwait, proudly announces its support for the Young Women Leadership Initiative, organized by Alnowair, a non-profit organization dedicated to fostering positive ......Read More

Monday, June 3, 2024

Ooredoo Kuwait honors AUK students who nabbed 3rd place in Huawei's World ICT Championship

[Kuwait, 2nd June 2024] Telecommunications and information technology leader, Ooredoo Kuwait, celebrated the extraordinary success of the Australian University in Kuwait (AUK)’s students who secured third place in the Huawei World Championship for Information and Communications Technology (Huawei ICT - 2023/2024). To honor their victory, ......Read More

Monday, June 3, 2024
KIB offers exclusive benefits for Visa Infinite credit cardholders

Kuwait, 2 June 2024: Kuwait International Bank (KIB) recently showcased the exclusive benefits of its Visa Infinite credit card, marking the beginning of an exciting season of travel and shopping. These benefits come as part of the Bank’s strategy for rewarding its loyal customers. In adherence to KIB’s slogan, “Bank for ......Read More

Monday, June 3, 2024

Burgan Bank Launches Upgraded Youth Account

In an effort to meet the market’s diverse needs and spread vital financial literacy Kuwait, 3 June 2024: In continued efforts to address the different market segments’ needs, Burgan Bank recently announced the launch of its revamped and upgraded Youth interest-bearing savings account, designed around the evolving lifestyles and ......Read More

Monday, June 3, 2024

Burgan Bank Concludes its Sponsorship of “Umm Kulthum with Marwa Nagy” Concert in Partnership with N ...

In a bid to offer its private banking clients unique and memorable experiences Kuwait, 2 June 2024: In line with its comprehensive social responsibility strategy and its unwavering commitment to offering its private banking clients an all-around exceptional experience, Burgan Bank concluded its sponsorship of the two-day musical theatre ......Read More

Sunday, June 2, 2024

KIB revives “Eidiya” service across all branches and ATMs as Eid Al-Adha approaches

Kuwait, 1 June 2024: Kuwait International Bank (KIB) announced that its Eidiya service will be available across its nationwide network of branches and ATMs in the lead-up to Eid Al-Adha. This annual initiative aligns with the initiative launched by the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Banking Association (KBA) on the ......Read More

Sunday, June 2, 2024
Burgan Bank Named Best Domestic Bank in Kuwait in Euromoney Survey

Attesting to the Bank’s unwavering commitment to service excellence and an elevated customer journey Kuwait, 29 May 2024: In a new tribute to its outstanding performance and its position as a trusted financial partner, Burgan Bank announced that it was voted as the Best Domestic Bank in Kuwait in the 2024 Euromoney Trade Finance ......Read More

Tuesday, May 28, 2024

Burgan Bank Lights Up its Headquarters in Blue

In celebration of Al-Zour Refinery’s opening Kuwait, 28 May 2024: Burgan Bank recently lit up its headquarters in blue from May 25 to June 6, joining numerous public and private entities in the nationwide celebration of Al-Zour Refinery’s opening on May 29 under the patronage of HH the Amir of Kuwait Mishal Al-Ahmad Al-Jaber ......Read More

Tuesday, May 28, 2024

KIB announces winners of Al Dirwaza account's weekly draw - W4

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 27 May 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the ......Read More

Tuesday, May 28, 2024

Burgan Bank Offers Four Visa Cardholders a Chance to Win a Trip to the Paris 2024 Olympics

In a bid to reward its loyal customers and offer them an unmatched banking experience Kuwait, 28 May 2024: As part of its continued efforts to offer its customers a holistically rewarding banking journey, Burgan Bank unveiled its latest draw campaign, “Visa Olympics”, which grants four lucky Visa cardholders an ......Read More

Monday, May 27, 2024
Ooredoo Kuwait receives honors from Nour Academy for Special Needs Services

[Kuwait, 26th May 2024] Ooredoo Kuwait has been honored by Nour Academy for Special Needs Services for its voluntary community engagement during Ramadan. The recognition was awarded at the Academy’s thirteenth annual ceremony, held at the Australian University in Kuwait. This event celebrated the Academy’s “Nour Al-Ensan” ......Read More

Monday, May 27, 2024

KIB launches ‘Win with KIB Rewards' campaign for its app users

Kuwait, 25 May 2024: Kuwait International Bank (KIB) has announced the launch of its new ‘Win with KIB Rewards’ campaign, which will run from May until the end of the year. The campaign aims to reward customers who use KIB’s Banking App to open Al Dirwaza account, issue a Multicurrency prepaid card, or open a deposit investment ......Read More

Saturday, May 25, 2024

Burgan Bank Signs Core Banking Deal with TCS BaNCS as Part of its Transformation Strategy

Kuwait, 23 May 2024: In continued efforts to enhance and fortify its technology infrastructure, Burgan Bank announced signing an agreement with market-leading Tata Consultancy Services to upgrade its core banking system by implementing the TCS BaNCS™ suite of products. This monumental deal marks a significant leap in Burgan Bank’s ......Read More

Wednesday, May 22, 2024

KIB announces winners of Al Dirwaza account's Draw W3 May

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 21 May 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the ......Read More

Tuesday, May 21, 2024
KIB advocates enhanced safety measures for online shopping

Kuwait, 20 May 2024: In an effort to increase public awareness about online financial security, Kuwait International Bank (KIB) issued a comprehensive set of safety tips designed to protect consumers while they shop online. The initiative comes as part of KIB’s continuous support for the ‘Let’s Be Aware’ (Diraya) campaign, ......Read More

Tuesday, May 21, 2024

Burgan Bank Ratings Affirmed at ‘A+' and ‘A1' with a Stable Outlook

Underscoring the Bank’s financial core strength Kuwait, 20 May 2024 Capital Intelligence Ratings (CI Ratings or CI) announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Burgan Bank K.P.S.C. (“Burgan or “The Bank”) at ‘A+’ and ......Read More

Monday, May 20, 2024

Burgan Bank Upgrades Iconic “BuBa” Kids Savings Account to "awal"

In line with its efforts to raise financial awareness and bolster the saving culture in Kuwait Kuwait, 19 May 2024: Burgan Bank announced the launch of its latest interest-bearing savings account “awal”, which was developed and tailored specifically for children up to the age of 14. Building on the great success of its ......Read More

Saturday, May 18, 2024

KIB forges partnership with ECO, Kuwait's first business incubator in environmental innovation and r ...

Kuwait, 19 May 2024: Kuwait International Bank (KIB) has announced the signing of a memorandum of understanding (MoU) with ECO, a pioneering business incubator in the fields of environment and renewable energy. The initiative aims to boost innovation in the business sector, support Kuwaiti projects, and adopt new environmental ideas. This step ......Read More

Saturday, May 18, 2024
KIB organizes special workshop on investment fundamentals and real estate appraisal at Kuwait Univer ...

Kuwait, 15 May 2024: Kuwait International Bank (KIB), represented by its Real Estate Department, organized a practical workshop at the College of Business Administration at Kuwait University, in response to an invitation to discuss the fundamentals of investment and real estate appraisal. Held at the university's campus in Shadadiya, the ......Read More

Wednesday, May 15, 2024

Burgan Bank Supports Aspiring Job Seekers at GUST Career Fair

Extending its dedicated human capital development efforts and investment in Kuwait’s national talent Kuwait, 16 May 2024: Burgan Bank recently concluded its participation in the three-day Career Fair organized and hosted by the Gulf University for Science and Technology (GUST). The Bank’s renewed participation in the annual ......Read More

Wednesday, May 15, 2024

Ooredoo Kuwait Introduces Tabby to Enhance Customer Shopping Experience

Kuwait, May 14th, 2024: Ooredoo Kuwait, a pioneering force in the telecom and digital innovation sector, proudly announces the integration of Tabby, MENA’s largest flexible payments provider, into its eShop platform, enhancing the shopping experience for its customers. Tabby will now be available as a payment option on Ooredoo eShop for ......Read More

Tuesday, May 14, 2024

Burgan Bank Launches its Women Empowerment Program "Burgan Lean in Circle"

In a new testament to its committed and inclusive human capital development strategy Kuwait, 15 May 2024: Following a series of dedicated efforts aimed at encouraging employees’ holistic development and growth, Burgan Bank announced the launch of “Burgan Lean in Circle for Women Empowerment”, the circle ......Read More

Tuesday, May 14, 2024
KIB announces winners of Al Dirwaza account's weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 13 May 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The second weekly draw, based on customers’ April deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 1,000 prize was awarded to Fahad Mohammad Alhumaidi AlAjmi, Zahraa Abdullateef Mohammad Hajji Akbar, Abdullah Mehmas Sulaiman ......Read More

Monday, May 13, 2024

Burgan Bank Successfully Issues KWD 150 Million worth of the First KWD Additional Tier 1 Bonds

Jointly managed by Kamco Invest and Gulf Bank Kuwait, 14 May 2024: Burgan Bank announces the successful completion of its issuance of KWD 150 million Perpetual Additional Tier 1 Capital Bonds. The demand for the bonds exceeded expectations and the issuance was oversubscribed, confirming strong investor interest in the bank's ......Read More

Monday, May 13, 2024

Burgan Bank Reports Net Income of KD 10 million in Q1'24

Kuwait, 12th May 2024: Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first quarter ending March 31, 2024 (Q1’24). The Bank reported KD 54 million in revenues for Q1’24, marking a growth of 7% year-on-year (y-o-y). The increase in revenues was primarily driven by higher ......Read More

Monday, May 13, 2024

Burgan Bank Sponsors AUS “Art's Night” Event

Kuwait, 12 May 2024: Burgan Bank recently sponsored the annual “Art’s Night” event, organized by the American United School (AUS) for its community of teachers, students, and their families. Similar to previous “Art’s Night” events, this year’s gave students a platform to express themselves ......Read More

Saturday, May 11, 2024
Ooredoo Kuwait Champions Talent Development with "Waed" Internship Program

[Kuwait, 11th May 2024] Renowned for its dedication to nurturing Kuwaiti youth, Ooredoo Kuwait, telecommunications leader, continues to spearhead the ‘Waed’ internship initiative for the second year in a row, as part of its social responsibility agenda. It serves to mention that ‘Waed is a youth development project launched ......Read More

Saturday, May 11, 2024

Burgan Bank Celebrates the Graduation of Aspiring Employees from KGDP

In line with its dedicated human capital development strategy Kuwait, 10 May 2024 Burgan Bank recently celebrated two of its talented and high-performing employees for completing the one-year Kuwait Graduate Development Program (KGDP) in collaboration with the Kuwait Institute for Banking Studies (KIBS) under the umbrella of the ......Read More

Thursday, May 9, 2024

Burgan Bank Sponsors “Umm Kulthum with Marwa Nagy” Concert in Partnership with NCIG

Cementing its role as a champion of arts and entertainment advancement in Kuwait Kuwait, 9 May 2024: Burgan Bank recently announced its sponsorship of the “Umm Kulthum with Marwa Nagy” concert, marking the beginning of the Bank’s strategic partnership with the National Creative Industries Group (NCIG). The concert is ......Read More

Wednesday, May 8, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw May 2024

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 7 May 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Tuesday, May 7, 2024
Burgan Bank Welcomes Private Banking Clients at Al-Shaheed Branch

Guaranteeing convenience to a wider base of high-net-worth customers Kuwait, 7 May 2024: Burgan Bank announced that its Private Banking and Wealth Management services and products are now available at Al-Shaheed branch, enabling all high-net-worth individuals (HNWIs) to access the exclusive suite of tailored solutions at more locations ......Read More

Monday, May 6, 2024

Burgan Bank Welcomes Private Banking Customers at Al-Shaheed Branch

Kuwait, 7 May 2024: Burgan Bank announced that its Private Banking and Wealth Management services and products are now available at Al-Shaheed branch, ;enabling all high-net-worth individuals (HNWIs) to access the exclusive suite of tailored solutions at more locations with ease and convenience across Kuwait. This comes as part of the ......Read More

Monday, May 6, 2024

Burgan Bank Renews its Participation in AUK's Career Growth Fair

As part of its ongoing efforts to support and invest in Kuwait’s aspiring talents Kuwait, 6 May 2024: Burgan Bank recently participated in the annual Career Growth Fair organized and hosted by the American University in Kuwait (AUK), offering undergraduates and fresh graduates valuable internships and employment opportunities. ......Read More

Sunday, May 5, 2024

KIB Group announces net profit of KD 6 million (74% increase) for Q1 of 2024

Kuwait, 4 May 2024: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB) Group, announced the financial results for the first quarter of 2024. The Bank achieved net profit attributable to shareholders amounting to KD 6 million which grew by 74% compared to KD 3.5 million. Earnings per share (EPS) was 3.82 fils compared to ......Read More

Saturday, May 4, 2024
KIB announces winners of Al Dirwaza account's weekly draw May First Week

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 2 May 2024: Kuwait International Bank (KIB) announced the winners of the Fifth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout ......Read More

Thursday, May 2, 2024

Burgan Bank Concludes Its Sponsorship of “Macintosh” by Free Jabriya

Cementing its role as an active contributor to the development of arts and entertainment in Kuwait Kuwait, 3 May 2024: After two nights of resounding success, Burgan Bank concluded its sponsorship of “Macintosh”, the two-day musical madness experience by Free Jabriya Productions. The show took place at The Arena on April 26-27 ......Read More

Thursday, May 2, 2024

Burgan Bank Resumes its Burgan Talk Series Featuring Guest Speaker Dr. Angela Ross

As part of its interactive initiative for supporting and enhancing employees’ personal and professional lives Kuwait, 2 May 2024 In a sustained effort to uphold its committed human capital development strategy, Burgan Bank continued its Burgan Talk series of events with a new talk, entitled “A Guide for Working Professionals to ......Read More

Wednesday, May 1, 2024

Ooredoo Kuwait Group reported a 9% increase in revenue to KWD 170 million in Q1 2024 Earnings per sh ...

Kuwait City, April 29th, 2024: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the quarter ended 31st March 2024: Financial Highlights: Quarterly Analysis Q1 ......Read More

Monday, April 29, 2024
Burgan Bank's TVC “Wain Al Ayadi” Reinforces the Saving Culture and Garners Wide Engagement and View ...

In an effort to underscore the importance of taking pride in values and family traditions Kuwait, 30 April 2024: Burgan Bank released its “Wain Al Ayadi, Middo Al ‘Ayadi” Eid TVC, recorded and performed by the notable multi-disciplinary artist Bader Al-Shuaibi along with a group of talented children. “Wain Al ......Read More

Monday, April 29, 2024

KIB enhances banking protection measures and reinforces customers' awareness of the risks of financi ...

Kuwait, 29 April 2024: Kuwait International Bank (KIB) continues to improve banking protection measures, and to dedicate all efforts aimed at enhancing customer awareness and financial literacy, particularly concerning the increasing incidents of financial fraud. This initiative is part of the ‘Let’s Be Aware’ (Diraya) financial ......Read More

Monday, April 29, 2024

KIB introduces the best financing offer on the new KIA Seltos through KIB PayTally App

Kuwait, 28 April 2024: As part of efforts to continue providing the best financing deals, Kuwait International Bank (KIB) recently announced the launch of an offer for the new KIA Seltos through its innovative KIB PayTally app. The offer includes a 5-year Musawama financing, with a Zero profit repayment plan, along with an additional warranty on ......Read More

Sunday, April 28, 2024

KIB Issues USD 300 Million Additional Tier 1 Sukuk

Annual profit rate of 6.625% Kuwait, 27 April 2024: The Chairman of KIB, Sheikh Mohammed Jarrah Al-Sabah stated that “As a result of Kuwait International Bank’s (“KIB”) outstanding achievements during the last few years, the solid financial position, its strong credit rating, in line with its well-planned expansionary ......Read More

Saturday, April 27, 2024
Burgan Bank Launches Its Investment and Wealth Management Academy in Collaboration with Fitch Learni ...

Reaffirming its commitment to developing its human capital and offering its customers best-in-class service Kuwait, 28 April 2024 Burgan Bank announced the launch of an exclusive Investment and Wealth Management Academy, in line with its dedicated human capital strategy. The academy is curated and delivered in collaboration with the ......Read More

Saturday, April 27, 2024

KIB Organizes the First Partners and Suppliers' Forum in Kuwait

Kuwait, 25 April 2024: Kuwait International Bank (KIB) announced the organization of the first-ever Partners and Suppliers Forum in Kuwait, dedicated to its local partners and suppliers. This initiative reflects the Bank's commitment to continuing the journey of achievements and successes that began earlier this year. It is also part of the ......Read More

Thursday, April 25, 2024

KIB Mubader Center launches ‘E-Cothon' digital commerce competition

Kuwait, 24 April 2024: KIB Mubader Center, the subsidiary of Kuwait International Bank (KIB), announced the launch of the country’s first e-commerce marathon. Taking place on May 1st, ‘E-Cothon’ aims to foster entrepreneurial spirit and innovation, enhancing sales skills via social media platforms and equipping entrepreneurs with ......Read More

Wednesday, April 24, 2024

SAP Appoints New Managing Director for Kuwait

Sundus Bushahri will focus on growing SAP's footprint in Kuwait and supporting national digitalization and training targets, while championing the role of women in technology KUWAIT CITY, Kuwait — 23 April, 2024 — Global technology company SAP has announced the appointment of Eng. Sundus Bushahri as Managing Director for its ......Read More

Tuesday, April 23, 2024
KIB announces winners of Al Dirwaza account's weekly draw April 2024

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 23 April 2024: Kuwait International Bank (KIB) announced the winners of the Fourth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Tuesday, April 23, 2024

KIB recognized as ‘Best Bank in Financial Literacy Program MENA' by CFI.co

Kuwait, 20 April 2024: Kuwait International Bank (KIB) is pleased to announce that it has been recognized as the "Best Bank in Financial Literacy Program – MENA 2023" by the prestigious Capital Finance International (CFI.co) magazine awards. This win highlights KIB's unwavering commitment to promoting financial literacy and ......Read More

Sunday, April 21, 2024

Burgan Bank Continues Its Support for KACCH & BACCH for the 23rd Consecutive Year

As part of its comprehensive social responsibility program and active community engagement efforts Kuwait, 21 April 2024: Burgan Bank announced it continues annual support for the Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children's Hospice (BACCH) for the 23rd consecutive year. The Bank’s ......Read More

Sunday, April 21, 2024

Burgan Bank Sponsors the Bristol Rovers Football Academy

Confirming its commitment to empowering Kuwaiti youth in sports Kuwait, 18 April 2024: Burgan Bank announced its sponsorship of the UK-based Bristol Rovers Football Academy in Kuwait; its latest bid to advance the sports culture in Kuwait and encourage youth to adopt a healthy lifestyle. This initiative comes as part of the Bank’s ......Read More

Wednesday, April 17, 2024
Burgan Bank Adds Birthday Leaves to Employee Benefits

Confirming its commitment to securing the highest levels of employee satisfaction Kuwait, 17 April 2024 In its latest bid to elevate its employees’ work experience, Burgan Bank announced that all staff are now eligible for a one-day paid birthday leave. This comes as part of Burgan Bank’s continuous efforts to reinforce its ......Read More

Wednesday, April 17, 2024

Burgan Concludes Sponsorship of Kuwait Equestrian Federation's 2023/2024 Tour

As part of its comprehensive social responsibility program and sports-focused community strategy Kuwait, 16 April 2024: Burgan Bank concluded its strategic sponsorship of the Kuwait Equestrian Federation (KEF) Tour for the 2023/2024 season, continuing its dedicated efforts to help elevate the local sports scene. A highlight in the ......Read More

Tuesday, April 16, 2024

KIB announces winners of Al Dirwaza account's monthly and weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 9 April 2024: Kuwait International Bank (KIB) announced the winners of the monthly and weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Tuesday, April 9, 2024

Burgan Bank continues to serve Its customers during Eid Al-Fitr holiday

Kuwait, 9 April 2024 Burgan Bank announced that it will be closing all branches starting Tuesday April 9, 2024, on the occasion of the Eid Al Fitr holiday. The Bank will resume normal operating hours at all branches on Sunday, April 14, 2024. However, to accommodate Burgan Bank customers, the Airport Branch will continue to operate around the ......Read More

Monday, April 8, 2024
KIB concludes its annual Ramadan campaign with numerous humanitarian initiatives

Kuwait, 8 April 2024: Kuwait International Bank (KIB) recently concluded its annual Ramadan campaign, which included a diverse range of initiatives and activities aimed at positively impacting the community and providing support to all its segments and individuals. This important step came within the framework of the Bank's renewed commitment ......Read More

Monday, April 8, 2024

Ro'ya Talent Program Concludes, Marking Milestone for Burgan Bank's Leadership Development

Cementing its commitment to the nationwide development of Kuwait’s human capital Kuwait, 8 April 2024: Burgan Bank recently celebrated 37 of its high-potential, aspiring talents who graduated from the second round of the Bank’s flagship talent development program, Ro’ya. The Bank’s management attended the graduation ......Read More

Monday, April 8, 2024

Burgan Bank Distributes Ramadan Iftar Meals in Collaboration with Kuwait Food Bank

As part of its comprehensive social responsibility program Kuwait, 1 April 2024: In the spirit of giving that defines the holy month of Ramadan, Burgan Bank collaborated with the Kuwait Food Bank and Relief to distribute Ramadan Iftar meals among the fasting community members in several prime locations across Kuwait. This initiative came ......Read More

Sunday, March 31, 2024

Burgan Bank Demonstrates Significant Progress in Implementing its Long-term Strategy of Transformati ...

Shareholders approve the distribution of 6 fils cash dividend and 5% bonus shares Kuwait, March 30, 2024: Burgan Bank held its 60th Annual General Assembly Meeting and 37th Extraordinary General Assembly Meeting on 30/3/2024 at the Bank’s Headquarters with a quorum of 80.507%. During the meeting, the Bank’s Board of ......Read More

Saturday, March 30, 2024
KIB announces winners of Al Dirwaza account's weekly draw

The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns Kuwait, 30 March 2024: Kuwait International Bank (KIB) announced the winners of the fourth weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners ......Read More

Saturday, March 30, 2024

Burgan Bank Raises Public's Awareness of Financial Security and Safety During Eid Al-Fitr Holiday

As part of its commitment to the CBK’s “Let’s Be Aware” (Diraya) campaign Kuwait, 29 March 2024: Burgan Bank continues to play an active role in supporting the “Let’s Be Aware” (Diraya) banking awareness campaign, which was launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking ......Read More

Thursday, March 28, 2024

Agility Approves Interim In-Kind Dividends Estimated at KD 800 Million (USD 2.6 Billion) & Cash Divi ...

Agility to distribute 49% of share capital of subsidiary, Agility Global PLC, pursuing a listing on the Abu Dhabi Securities Exchange (ADX) Board approves interim cash dividend distribution of KD 25.5 million (USD 83 million); equivalent to 10 fls per share. Agility’s Board has also approved an in-kind dividend distribution estimated ......Read More

Thursday, March 28, 2024

Al-Jarrah: KIB Group continues to achieve impressive results and expand with its strategic plans

5% cash dividend and 3% bonus shares for the year 2023 KD 19 million profit for the year 2023 Growth in net profit attributable to shareholders by 40% at 10.28 fils of earnings per share Total assets amounted to KD 3.62 billion Financing portfolio amounted to KD 2.49 billion Depositors' accounts amounted to KD 2.12 billion Total capital adequacy ratio stood at 19.8% Kuwait, 27 March 2024: Kuwait International Bank (KIB) held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on Wednesday, March 27, 2024, with 75.22% of shareholders in attendance. The AGM approved the agenda items of both the ordinary and extraordinary General Assembly meetings, ......Read More

Thursday, March 28, 2024
Ooredoo Kuwait Champions Ramadan Charity Efforts with Rahma International Society Collaboration

[Kuwait 27th March, 2024] - Ooredoo Kuwait, the country's leading telecommunications operator, has embarked on a compassionate journey this Ramadan to extend support to the underprivileged segments of society. Through a month-long CSR campaign, the company has initiated a series of charitable endeavors aimed at uplifting the society and ......Read More

Thursday, March 28, 2024

KIB revives “Eidiya” service across all branches and ATMs as Eid Al Fitr approaches

Kuwait, 26 March 2024: Kuwait International Bank (KIB) announced that its Eidiya service will be available across its nationwide network of branches and ATMs in the lead-up to Eid Al Fitr. This annual initiative aligns with the initiative launched by the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Banking Association (KBA) on the ......Read More

Tuesday, March 26, 2024

KIB offered its customers an exclusive promotion in collaboration with Ever and J's Bakery to celebr ...

Kwait, 25 March 2024: Kuwait International Bank (KIB) recently announced an exclusive offer for its customers to mark the celebration of Mother's Day, in collaboration with dessert brands Ever and J’s Bakery. The offer was extended to all KIB cardholders, whether credit, debit, or prepaid. This step came within the framework of the ......Read More

Tuesday, March 26, 2024

Burgan Bank Collaborates with Daiya Co-Op and City Hypermarket During Ramadan

Ensuring an all-around convenient grocery shopping experience for its customers Kuwait, 25 March 2024: As part of its far-reaching Ramadan campaign, Burgan Bank announced that it will be collaborating with Daiya Co-Op and selective City Hypermarket branches across Kuwait to ensure that all Burgan customers enjoy a seamless and rewarding ......Read More

Monday, March 25, 2024
Burgan Bank Sponsors ‘The Workout' Fitness Experience during Ramadan

As part of its comprehensive social responsibility program and efforts to bolster Kuwait’s sports culture Kuwait, 25 March 2024: Burgan Bank announced that it will be sponsoring ‘The Workout’ fitness experience, powered by Fohgah App and coach Salah Al-Shatti, as a strategic partner. The fitness event is scheduled to take ......Read More

Sunday, March 24, 2024

KIB organizes She L.E.A.D event with a group of its women leaders

Kuwait, 23 March 2024: Kuwait International Bank (KIB) organized a special event for its employees to celebrate International Women's Day. The event, entitled She L.E.A.D., featured a panel discussion on activating the role of women in various positions within the Bank's departments. This vital initiative came as part of KIB's ......Read More

Saturday, March 23, 2024

Burgan Bank Launches Burgan Beacon Program to Motivate its Staff and Reward Demonstrated Core Values

As part of its dedicated human capital development efforts Kuwait, 23 March 2024: Burgan Bank announced the launch of its newest program, launching Burgan Beacon (Manarat Burgan), which revolves around appreciating and rewarding all employees who go the extra mile in their areas of work. This program comes as a new bid to reinforce and ......Read More

Saturday, March 23, 2024

Ooredoo Kuwait leads the way as the first telecom provider to achieve recertification with the lates ...

Kuwait, 18th March 2024- Ooredoo Kuwait proudly announces its official re-certification with the Payment Card Industry (PCI)-Data Security Standards (DSS) 4.0 Compliance International Certification and ISO/IEC 27001:2022 & 27017:2015 (Information Security Management System). Reinforcing its dedication to the highest standards of ......Read More

Saturday, March 23, 2024
KIB announces winners of Al Dirwaza account's second and third weekly draws

The best account of its kind in Kuwait in terms of the number of winners and offering the highest month Kuwait, 21 March 2024: Kuwait International Bank (KIB) announced the names of the winners in the Al Dirwaza account’s second and third weekly draws, based on customers’ February deposits. The two weekly draws were recently held in ......Read More

Thursday, March 21, 2024

KIB Announces Winners of February Promotion Draw for Visa Credit and Prepaid Cardholders

Kuwait, 20 March 2024: Kuwait International Bank (KIB) announced the names of the winners in the exclusive February promotion draw, recently launched by the Bank for all its customers holding Visa Credit and Prepaid Cards, including Visa Classic, Gold, Platinum, Signature, Infinite, and Prepaid Cards. The promotion was launched on the occasion of ......Read More

Wednesday, March 20, 2024

Burgan Bank Takes Part in EU-Led Workshops for Kuwaiti Women in Leadership

Bolstering the Bank’s active participation in women’s empowerment in Kuwait Kuwait, 21 March 2024: Burgan Bank recently participated in a series of workshops that were organized and hosted by the European Union’s (EU) Delegation to the State of Kuwait, which focused on the best practices for increasing women’s ......Read More

Wednesday, March 20, 2024

Burgan Bank Participates in Kuwait Women's Economic Empowerment Platform Event

In continued efforts to empower women in the workplace and the community Kuwait, 20 March 2024 : Burgan Bank, represented by Mr. Fadel Abdullah, Chief Executive Officer – Kuwait, recently took part in the Kuwait Women’s Economic Empowerment Platform’s (KWEEP) event, which was held at the Sheikh Jaber Al-Ahmad Cultural Centre ......Read More

Tuesday, March 19, 2024
KIB Mubader Center concludes its sponsorship of Startups Expo

Kuwait, 19 March 2024: Kuwait International Bank (KIB) announced that its subsidiary, KIB Mubader Center, sponsored the Startups Expo, which recently took place at A5 Mall in Shuwaikh. The expo featured a distinguished lineup of small and medium-sized projects from various fields. This step comes as part of the Bank’s and KIB Mubader ......Read More

Tuesday, March 19, 2024

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