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
In a press conference held by Communications and Information Technology Regulatory Authority (CITRA) ...
[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
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
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
Under the Auspices and in the Presence of HE Governor of Ahmadi, Burgan Bank Supports Ahmadi Governo ...
Under the umbrella of its dedicated social responsibility strategy and unwavering support for the aspiring youth of Kuwait
Kuwait, 24 July 2024
In line with its comprehensive social responsibility strategy, its commitment to the best Environmental, Social, and Governance (ESG) practices, and unwavering efforts to support the education sector ......Read More
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
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
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
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
KIB delivers its second workshop on investment fundamentals and real estate appraisal at KU's Colleg ...
Kuwait, 21 July 2024: Kuwait International Bank (KIB), represented by its Real Estate Department, recently delivered its second specialized workshop on the fundamentals of investment and real estate appraisal at Kuwait University's (KU) College of Business Administration. This initiative comes as part of KIB’s support of the ......Read More
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
Jahez-Kuwait sponsors female padel athletes Noor Hassan and Dalal Al Qenaei
Alsaei: This sponsorship aligns with our broader vision of fostering community engagement and encouraging healthy lifestyles
Kuwait City, 00 July 2024: Jahez International Company (“Jahez-Kuwait”), a pioneering platform that connects customers with their favorite restaurants through online orders, announced its ......Read More
Ooredoo Kuwait Ensure Top-notch Global Roaming Experience for Seamless Summer Travel
[Kuwait City, 20th July 2024] – In line with the busy travel season, Ooredoo Kuwait announces the upgrade of its global roaming services. With unmatched coverage, competitive rates, and exceptional service quality, the leading telecommunications provider is committed to ensuring seamless connectivity for its customers, no matter where they ......Read More
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
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
Experience the Magic of Mercato: Circus Shows, Comedy Acts, and Shopping Extravaganza This Summer!
The streets of Mercato are buzzing with excitement as daily circus shows transform the area into this summer's hottest destination, running until end of July.
The highlight of the season is the Harlequin European Circus, renowned for its spectacular performances. These energetic and suspenseful show features performers whose incredible ......Read More
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
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
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
Ooredoo Kuwait Collaborates with Al-Sadu Society to Host a Sadu Weaving Workshop for Young Kuwaitis
Kuwait City, 10th July 2024] – Ooredoo Kuwait, the leading telecommunications provider and pioneer in social responsibility initiatives, celebrated World Youth Skills Day by collaborating with Al-Sadu Society to host a Sadu embroidery weaving workshop for young nationals (aged 15 to 22). The arts and crafts workshop focused on the ......Read More
Turtle Power for Bath and Shower!
This summer, Lush and Paramount Consumer Products launch a Turtle-y awesome limited edition product collection: Channel your inner hero in a half shell with the Teenage Mutant Ninja Turtles!
Dubai, UAE, July 2024 - Cowabunga, Lush Fans! This summer, Lush has teamed up with Paramount’s iconic Teenage Mutant Ninja Turtles to deliver ......Read More
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
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
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
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
Captivating Circus Shows Mesmerize Visitors at Mercato during Dubai Summer Surprises!
During Dubai Summer Surprises' 27th edition, Mercato shopping mall hosted a "Family Fun Day" event for journalists and their families. The media personnel and their families enjoyed captivating shows such as the Circus Show, Neverland’s Magical Circus Adventure, the Magic Street Comedy Show, and Mercato's exhilarating ......Read More
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
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
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
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
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
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
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 a chance to enter the cash draws. The festivities also included the introduction of Kanz’s ......Read More
KIB awarded ‘Best Real Estate Solutions Provider MENA' in 2024
Kuwait, 7 July 2024: Kuwait International Bank (KIB) has announced its win of the 'Best Real Estate Solutions Provider MENA 2024' award from Capital Finance International (CFI.co) magazine. This prestigious recognition is a testament to the Bank's longstanding and exceptional expertise in the field of real estate, honed over the past ......Read More
KIB to be closed during Islamic New Year (1446H) holiday, providing services through digital platfor ...
Kuwait, 4 July 2024: Kuwait International Bank (KIB) announced that it will continue to provide its online banking services around the clock during the Islamic New Year (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, 7 July 2024. Normal working hours will resume on Monday, 8 July 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 to provide its banking services through all its digital platforms 24/7 during the holiday, which includes the KIB Mobile ......Read More
Burgan Bank Signs Strategic Partnership with KOC to Sponsor Team Kuwait at the Paris 2024 Olympics
Bolstering its leading role in elevating Kuwait’s sports culture under the umbrella of its comprehensive social responsibility program
Kuwait, 5 July 2024
Burgan Bank recently held a press conference announcing the signing of a strategic partnership agreement with the Kuwait Olympic Committee (KOC), which entails sponsoring Team ......Read More
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
Burgan Bank Launches WAMD Instant Payment Service
Under the umbrella of its dedicated technology and digital transformation strategy
Kuwait, 4 July 2024
In continued efforts to add convenience to its banking experience, Burgan Bank announced that all customers can now benefit from the newly launched instant payment service WAMD using the Burgan Mobile application. The instant payment ......Read More
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
Careem Rides launches new “Luxe” Service in Kuwait for everyday luxurious commutes
Through the newly introduced Luxe car type in Kuwait, customers will be able to book luxurious commutes in premium vehicles in and around the city.
Luxe becomes the latest addition to the already existing car types from Careem Rides which customers rely on for reliable everyday commutes in Kuwait.
Kuwait, June 2nd, 2024: Careem Rides, ......Read More
Cigna Healthcare Names Leah Cotterill Middle East and Africa CEO, outside KSA
Cotterill is the first woman to lead an international health insurance company in the UAE.
In her new role, she will be responsible for driving strategic growth across the region's key markets, outside the Kingdom of Saudi Arabia.
Dubai, UAE, 02 July 2024 - Cigna Healthcare, the leading global health services company, today announced ......Read More
Mitsubishi Power and Kuwait University Sign Memorandum of Understanding to Nurture Kuwait Engineerin ...
KUWAIT CITY, Kuwait – July 1, 2024 --Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), signed a Memorandum of Understanding (MOU) with Kuwait University on June 3, 2024 for a new internship program that will focus on nurturing talent development in the country, in line with Kuwait Vision 2035.
The ......Read More
Catrice's drops new summer favorites: Slim Eye Shadow Palettes and Kohl Kajal!
Catrice Cosmetics is excited to introduce its new summer 2024 collection, featuring the must-have Slim Eye Shadow Palettes and versatile Kohl Kajal eyeliners. Get ready to shine with these vibrant, stunning products!
Slim Eye Shadow Palettes -Available in three irresistible themes:
1. Safari Fever: Adventure awaits with rich browns, deep ......Read More
Get Ready to have your Summer glow-up with essence Cosmetics' summer collection 2024
It’s time to turn up the heat on our makeup game! Get ready to level up your makeup game for this summer with essence Cosmetics, as they have dropped their highly anticipated Spring Summer collection for 2024! From blushes to mascaras, this collection has everything one needs to rock the summer looks this season. This season is all about ......Read More
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
KIB concludes its gold sponsorship and participation in Tourista Expo 2024
Kuwait, 30 June 2024: Kuwait International Bank (KIB) announced the conclusion of its gold sponsorship and active participation in Tourista Expo 2024, which was recently held at Assima Mall. The travel and tourism exhibition brought together the best travel agencies, travel insurance providers, airlines, travel accessories and products suppliers, ......Read More
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
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
Sudan is Facing an Unprecedented Hunger Catastrophe, Say UN Agency Chiefs
New data reveals that over 750,000 people are experiencing catastrophic levels of food insecurity with 25.6 million people in crisis levels of hunger
ROME/NEW YORK – Alarming new food security projections for Sudan published today show that Sudan is facing a devastating hunger catastrophe on a scale not seen since the Darfur crisis in the early 2000s, warn the heads of three United Nations agencies.
The Food and Agriculture Organization of the United Nations (FAO), UN Children's Fund (UNICEF) and the UN World Food Programme (WFP) have been warning of rapid deterioration in conditions for the people of Sudan, particularly children, as food security is torn apart by war that has ravaged the country for more than a year. Collectively the agencies have mobilised a ......Read More
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
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
WFP Response to new IPC Food Security Assessment on Gaza
ROME – The latest food security assessment on Gaza confirms the concerns of the World Food Programme (WFP) about the ongoing levels of severe hunger across the Gaza Strip and shows the critical importance of sustained access to all areas of Gaza.
The Integrated Food Security Phase Classification (IPC) report on Gaza paints a stark picture of ongoing hunger, finding that 96 percent of the population is facing acute food insecurity at crisis level or higher (IPC Category 3+), with almost half a million people in catastrophic conditions (IPC Category 5).
The new report indicates a slight improvement compared to the previous assessment in March, which warned of a potential famine in Gaza's northern governorates by the end of May. The improvement shows the difference that ......Read More
Panasonic Rolls Out Its Digital Service App in Kuwait, Offers Three Months Additional Warranty upon ...
The Panasonic SMART CARE App is a digital platform for service and warranty support that replaces physical invoices or warranty car
Kuwait City, Kuwait: Panasonic, the global consumer electronics leader, has announced the availability of its SMART CARE App – a digital platform for service and warranty support in Kuwait, making it ......Read More
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
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
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
Amouage presents Rare Is The Rose, a poetic and cinematic tribute to the Omani Rock Rose
Amouage, the Omani High Perfumery House, proudly presents the precious Omani Rock Rose in a recently released short movie entitled ‘Rare is the Rose.’ The cinematic journey is a tribute to the Queen of Roses as she reigns over the slopes of the Jabal Al Akhdar, in Oman with her rare beauty and distinctive unique scent. ‘Rare is ......Read More
Burger King Takes Kacch and Bacch Kids and Young Green Hands Volunteers on an Exciting Trip to the D ...
Kuwait - June 23, 2024: As part of its commitment to engaging with all segments of the community, Burger King places greater emphasis on children as the future generation, aiming to support their lives with more interactive experiences and activities that bring them joy and unleash their creative energy. Thus, Burger King developed a new ......Read More
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
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
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
Ajmal Perfumes Unveils Eau D'Oud- A New Standard of Elegance and Luxury
Ajmal Perfumes launches Eau D’Oud, a luxurious new fragrance that blends fresh citrus, floral, spicy, and rich oud notes, creating an unforgettable aromatic experience.
20th June 2024, Dubai, United Arab Emirates: Ajmal Perfumes, the seven-decade-old perfume connoisseur, unveils its newest marvel, Eau D’Oud, a fragrance that ......Read More
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
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
Al Mulla Engineering Wins Schneider Electric's Sustainability Impact Award in Kuwait
Al Mulla Engineering wins award for outstanding efforts in helping their customers to decarbonize its operations over the past year
The award is part of Schneider Electric's ongoing initiative to empower its partners, customers and suppliers to become more sustainable
Al Mulla Engineering has over 65 years of experience operating in ......Read More
talabat and LOYAC cooperate in the “Farhat Al-Eid” initiative
Kuwait, 13th June 2024: Reaffirming its role as a leader in corporate citizenship, tech pioneer, talabat, recently partnered with non-profit organization for community empowerment, LOYAC, to support the "Farhat Al-Eid" initiative. This effort, part of talabat’s community engagement program, aimed to celebrate Eid Al-Adha with ......Read More
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 and enabling them to follow up on their financial affairs and complete their banking transactions ......Read More
Last-Minute Eid Shopping With Max Fashion's New Collection
Join Max Fashion as it celebrates 20 years of style and affordability with the launch of its exquisite Eid collection. This stunning range blends traditional and contemporary designs, perfect for embracing the spirit of togetherness and reflection during Eid. Discover elegant kaftans, vibrant jewel-toned dresses, and sophisticated outfits for men, ......Read More
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
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
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
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
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
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
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
Ooredoo business Hosts Virtual Workshop on AI-Driven Call Centre Solutions in Partnership with Intel ...
[Kuwait, 9th June 2024] As part of its ongoing strategy to keep customers closely informed on its latest solutions, Ooredoo Business, leading integrated telecommunications provider, recently held a virtual workshop in collaboration with Intellaworld, leading insights and visibility provider in the region.
This workshop was dedicated to Ooredoo ......Read More
talabat Launches “Make a Wish” Campaign to Support Delivery Riders and Uplift their Spirits
[Kuwait, 9 June 2024] In a bid to enhance the well-being of delivery riders, talabat, the leading technology company, has launched the “Make a Wish '' campaign this May. This innovative initiative, part of talabat’s social responsibility program, aims to fulfill the personal wishes of riders, showing gratitude for their ......Read More
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
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
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
Hunger Hotspots Report: Famine Looms In Gaza While Risk Of Starvation Persists In Sudan, Haiti, Mali ...
Latest Hunger Hotspots report urges immediate action to prevent famine and warns of La Niña-linked climate extremes
ROME – Acute food insecurity is set to increase in magnitude and severity in 18 hunger “Hotspots”, a new United Nations early warning report has revealed today. The report spotlights the urgent need of assistance to prevent famine in Gaza and the Sudan, and further deterioration in the devastating hunger crises in Haiti, Mali, and South Sudan. It also warns of the lingering impact of El Niño and the looming threat of La Niña that risks bringing further climate extremes that could upend lives and livelihoods.
The report found that many hotspots face growing hunger crises and highlights the worrying multiplier effect that ......Read More
Urgent Call To Action To Address Historic El Niño Drought In Southern Africa
Pretoria, 5 June 2024 - More than 30 million people across Southern Africa have been affected by a severe drought. Millions could be pushed into acute hunger unless support is urgently mobilized to scale before the next lean season, warn the United Nations (UN) and partners.
The joint call was made today by the UN, NGOs, regional and national authorities, humanitarian and development partners during a briefing on the emergency in Southern Africa, held in Pretoria, South Africa, to highlight the severe impacts of El Niño and the climate-driven crisis. This joint call follows the recent extraordinary summit by The Southern African Development Community (SADC) that saw the launch of a regional appeal in May seeking $5.5 billion to provide urgent lifesaving assistance, to help ......Read More
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
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
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
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
IATA SAF Registry
02 June 2024 (Dubai) – The International Air Transport Association (IATA) announced that it will establish the SAF Registry (Registry) to accelerate the uptake of Sustainable Aviation Fuels (SAF) by authoritatively accounting and reporting emissions reductions from SAF.
Seventeen airlines, one airline group, six national authorities, three ......Read More
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
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
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
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
Air Cargo Demand Continues Strong Growth into Q2
29 May 2024 - The International Air Transport Association (IATA) released data for April 2024 global air cargo markets showing strong annual growth in demand into the second quarter (Q2).
Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.1% compared to April 2023 levels (11.6% for international operations). This is the fifth consecutive month of double-digit year-on-year growth.
Capacity, measured in available cargo tonne-kilometers (ACTKs), increased by 7.1% compared to April 2023 (10.2% for international operations).
"Air cargo demand started Q2 with a solid 11.1% increase. While many economic uncertainties remain, it appears that the roots of air cargo's strong performance are deepening. In recent months, air cargo demand grew even when ......Read More
Panasonic Announces FY24 Business Strategy For Sustained Growth in Middle East and Africa
• Japanese manufacturer sets out vision roadmap for FY2024 with a focus on innovation, sustainability and customer-centric strategies
• Brand emphasizes on ‘Japan Excellence’ to address the unique needs and preferences of consumers and businesses in the region
• Significant promotions within the company’s ......Read More
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
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
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
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