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

Banking, Investments, Money and Insurance

Burgan Bank Employees Successfully Conclude Participation in the ‘Productivity, Engagement & Peak Pe ...

Kuwait, 15 December 2018: Burgan Bank staff recently completed its active participation in the final event of the year by the widely popular educational platform – Knowledge Club on December 11. The bank’s middle and senior level employees learned about leading management practices and cutting-edge research to substantiate ......Read More

Saturday, December 15, 2018

Burgan Bank Appoints Raed Al-Haqhaq as Chief Executive Officer for its Kuwait Operations

Mr. Al-Ajeel: “We are confident that under the leadership of Mr. Al-Haqhaq, the Bank will continue its solid performance.” Kuwait – December 10, 2018: Burgan Bank has announced today the appointment of Mr. Raed Al-Haqhaq as Chief Executive Officer for its operations in Kuwait after obtaining approval from the ......Read More

Monday, December 10, 2018

Jean-Damien Marie appointed as Head of Investments EMEA in Barclays Private Bank & Overseas Services

Kuwait, 26 November 2018: Barclays announces today that Jean-Damien Marie has joined as Head of Investments EMEA in Private Bank & Overseas Services. With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owners, Jean-Damien ......Read More

Monday, November 26, 2018

Burgan Bank Sponsors ‘Waves of Brazil' for the Second Consecutive Year

Kuwait, 26 November 2018: Burgan Bank, an important supporter of cultural activities in Kuwait, is pleased to announce it sponsored the Brazilian Musical Night ‘Waves of Brazil’ at the Yarmouk Cultural Center for the second year in a row. Held on 18 November 2018 under the patronage of the Brazilian Ambassador to the ......Read More

Monday, November 26, 2018
INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrepreneurs Competition to be held in Kuwait

Held Under the Patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah 25 November 2018: INJAZ Al-Arab – member of Junior Achievement Worldwide – is hosting their 12th Annual Young Arab Entrepreneurs Competition in Kuwait between November 26 and 29, 2018. The competition will see 80 students from 11 countries across MENA compete over 12 award categories before their peers and a panel of high-profile judges. Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, the event will welcome over 180 attendees from INJAZ teams, volunteers and chaperons. The ......Read More

Sunday, November 25, 2018

Burgan Bank Invites Every Kid to the ‘International Children's Day' Festival' at the Avenues Mall

Kuwait – November 19, 2018: In line with its dynamic full-fledged community program that encourages positive change, Burgan Bank is delighted to announce its support as the lead sponsor of the upcoming ‘International Children’s Day Festival’. As an avid advocate for children's development and wellbeing, the ......Read More

Monday, November 19, 2018

Burgan Bank Celebrates Successful Graduation of Young Bankers

One-month program aims at providing solid practical & theoretical experience Kuwait, October 31, 2018: In keeping with its reputation as a leading banking institution and sought-after career destination, Burgan Bank recently celebrated the graduation of the new batch of 20 trainees from Burgan Bank’s new Burganers ......Read More

Wednesday, October 31, 2018

Burgan Bank Offers Exclusive Discount to Youth Customers on Richards Coffee Bar

Kuwait - 30 October 2018: Promising its customers receive advantageous offers from popular outlets in Kuwait, Burgan Bank announced its latest partnership with Richards Coffee Bar that will entitle its Youth customers with an exclusive 15% discount. Youth cardholders can indulge in the genuine and unique taste of coffee beverages ......Read More

Tuesday, October 30, 2018
Burgan Bank Announces Another Strong Quarter

Net Income reaching KD71.0 million (USD235 million) in Nine months with 32% growth YoY Operating Income reaching KD206.6 million (USD685 million) in Nine months, 15% growth YoY reflecting Solid Operating Capabilities Kuwait – October 29, 2018: Burgan Bank Group announced today its nine months earnings for the financial ......Read More

Monday, October 29, 2018

Burgan Bank Sponsors the First “Awaken Festival” in Collaboration with en.v

Long term partnership aims to bolster civil society sector capacity and capabilities within Kuwait Kuwait –24 October 2018: As a positive contributor to Kuwait’s society, Burgan Bank has forged an eighteen month partnership ending March 2020 with en.v, an organization dedicated to fostering social development and civic ......Read More

Wednesday, October 24, 2018

Burgan Bank Hosts the “Job Shadow” Program in Collaboration with INJAZ Kuwait

Reinforcing its mission to build strong leaders of tomorrow Kuwait – 23 October 2018: As a sought-after career destination that seeks to develop the skills and expertise of future leaders in the market, Burgan Bank recently hosted a “Job Shadow” program in collaboration with INJAZ-Kuwait. Through the latest ......Read More

Tuesday, October 23, 2018

Burgan Bank Holds Annual Awareness Campaign ‘Together Against Breast Cancer'

Advocating for better health and wellness among its employees Kuwait – 20 October 2018: As one of the leading contributors to community development and a pioneer in supporting healthy lifestyles, Burgan Bank recently hosted its yearly breast cancer awareness campaign dedicated to the betterment of its staff. Titled ......Read More

Saturday, October 20, 2018
Burgan Bank Group successfully completes its Rights Issue

Rights Issue oversubscribed with healthy shareholder participation Kuwait, 14 October 2018: Burgan Bank, Kuwait’s second largest conventional bank by assets, announced successful completion of its Rights Issue, whereby the bank raised KD62.55 million of equity by issuing 240.58 million shares. The Rights Issue was ......Read More

Sunday, October 14, 2018

Burgan Bank announces the new winner of the Al Thuraya Salary Account Monthly draw

Kuwait – 10, October 2018: Burgan Bank, announced today Mr. MUSTAFA SHAIKH ALI HUSAIN 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 ......Read More

Wednesday, October 10, 2018

Burgan Bank concludes "Decision Making Skills" workshop in cooperation with "Knowledg ...

Providing its employees with new business development skills by making the best decisions Kuwait, 9 October 2018: Burgan Bank recently participated in the ‘Decision Mojo’ workshop by leading knowledge transfer platform, Knowledge Club, as part of its long-term commitment to employee development and strengthening of ......Read More

Tuesday, October 9, 2018

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

Kuwait – October 7, 2018: 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: LATEEFAH MOHAMMAD HAMAD ALBUSAILI RAED AHMAD ALDABBOUSI ALQUT EMAN SULAIMAN AHMAD ALZAMEK BADER ESAM BADER ALESSA FATEMAH ......Read More

Sunday, October 7, 2018
Second & Third Batch from Burgan Bank Successfully Complete

The Leadership Challenge® Complete Model Kuwait- 3 October 2018: To further solidify its position as a dynamic financial powerhouse, Burgan Bank recently concluded The Leadership Challenge® (an evidence-based global leadership development program) with the second and third batch of internal management. Continuing to ......Read More

Wednesday, October 3, 2018

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

Kuwait – 23 September 2018: Burgan Bank, the second largest in terms of assets, 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: HAYDAR HASAN ABDULLAH ALMUHANNA NASER ABDULAZIZ ABDULLAH ALAWADHI GHAZI MOHAMMAD ......Read More

Sunday, September 23, 2018

Burgan Bank Group Commenced Today its Rights Offering to raise up to KD62.55 million

Issuing up to 240.58 million shares at KD 0.260 per share Kuwait – September 19, 2018: Burgan Bank, Kuwait’s second largest conventional bank by assets, announced today that it commenced its Capital Rights Offering process to raise up to KWD 62.55 million of additional capital. The subscription period will end on the ......Read More

Wednesday, September 19, 2018

Burgan Bank Group is currently not experiencing any material impact on its profitability

Mr. Al-Ajeel: “Our business model is solid and well prepared to handle volatility if it persists.” Hedging strategy on investment in Burgan Turkey’s capital protects it against currency volatility Kuwait, 18/September/2018: Burgan Bank Group (the Group) announced today that its Turkish subsidiary, Burgan ......Read More

Wednesday, September 19, 2018
Burgan Bank Collaborates exclusively with Al Kazemi Travel & Tourism to Offer Exclusive Discounts

Kuwait - 15, September 2018: Burgan Bank announced its latest exclusive partnership with Al Kazemi Travel & Tourism that will entitle its customers with an exclusive 10% discount on airline tickets. The new offer that is available on First, Business and Economy Class seats enables Burgan Bank customers to enjoy the experience of ......Read More

Saturday, September 15, 2018

Burgan Bank Provides New Summer Trainees Modern Banking Experience

Kuwait- 25 August 2018: 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 ......Read More

Saturday, August 25, 2018

Burgan Bank offers Free Eideya Delivery Service to Premier Banking Customers

Kuwait, 4 August 2018: 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 waiting ......Read More

Saturday, August 4, 2018

Burgan Bank Contributes to the Integration of Children with Autism into Society through Support of A ...

Kuwait - 01 August 2018: Burgan Bank, one of the leading contributors to social inclusion in Kuwait, reiterates its commitment to supporting Autism Partnership Kuwait (APK) for the Rehabilitation and treatment of Children with Autism Spectrum Disorder (ASD) through financial aid as it will reduce the heavy mental and financial ......Read More

Wednesday, August 1, 2018
Kuwait National Exchange Rebrands as Unimoni

Strengthens commitment to drive the financial empowerment of its customers in Kuwait in line with its future vision. Kuwait, 04 July 2018: Kuwait National Exchange WLL, a leading money transfer and foreign currency exchange provider and a member of the UAE Exchange Group, announced its rebranding as “Unimoni”. This ......Read More

Wednesday, July 4, 2018

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