KUWAIT, 29 May: This summer, Abdulmohsen Abdulaziz Al Babtain Company (AABC), the sole authorized dealer of Nissan vehicles in Kuwait, is unveiling an exceptional leasing campaign that will make driving home in a new vehicle easier and more accessible than ever.  The most exciting highlight of the campaign is the zero-down payment leasing option on select models, which Nissan customers can take advantage of to hit the road in style without any upfront cost. The zero-downpayment option is available on the most sought-after Nissan models including Nissan Patrol V6 and V8, giving customers the opportunity to launch into their summer adventures with top-notch on-road and offroad performances. It also covers the sleek Altima and the sophisticated Maxima models for customers looking ......Read More

 BRINGING YOU MORE BRANDS FOR LESS   Kuwait, May 2023: The BFL Group is pleased to announce the launch of three new boutiques in Kuwait. The group recently launched their third Brands For Less store in Al Rai with their first-ever Muy Mucho and Luxury for Less spaces opening on May 18th.    The BFL Group is one of the ......Read More

Kuwait, 27 May 2023: Kuwait International Bank (KIB) announced that June 1st is the last date to open or deposit in Al Dirwaza account to enter the July monthly draw for a chance to win prizes of KD 20,000 for 11 winners. Accordingly, the Bank is reminding its current and potential customers to open or deposit more in Al Dirwaza account to ......Read More

The TT ‘Tourist Trophy’ course is notorious, and for good reason. The first TT Race was held on the Isle of Man in 1907 and featured in the World Championship until 1976. The time trial format race sees the world’s leading road racers tackle the iconic 37¾ mile TT mountain course that has been in use since ......Read More

Vint Cerf awarded for his pioneering work in the architecture of the Internet  Kuwait City, Kuwait, May 25, 2023 - Today, Google Cloud announced that Vint Cerf, Chief Internet Evangelist, was awarded Kuwait’s Informatics Medal from HH Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Crown Prince of Kuwait. Vint received the honorary ......Read More

 Google Cloud executives met with HH Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Crown Prince of Kuwait, and official representatives from government entities  Google Cloud announces launch of new National Skilling Program in partnership with the Government of Kuwaitat the Build & Transform with Google Cloud ......Read More

With unique features for an outstanding banking experience    Kuwait, 25 May 2023: 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 ......Read More

KUWATI CITY, 20th May: Al Hamra Real Estate Company proudly collaborated with TEDx Kuwait City on Saturday, 20th May, to host the highly anticipated 2023 edition of TEDx. The event, held at the iconic Al Hamra Business Tower, marked a momentous occasion for both organizations and showcased Al Hamra's commitment to social responsibility, ......Read More

Kuwait, 24 May 2023: Abdul Mohsin Abdulaziz Al-Babtain Company (AABC), the exclusive authorized dealer of Nissan vehicles in Kuwait, packs a powerful punch with its latest offers, tailored for summer getaway enthusiasts starting this May. A string of exciting offers has been lined up for Nissan's cornerstone models, Patrol V8, Patrol V6, and ......Read More

Planned capital increase of up to KD 60 million through the issuance of approximately 428.6 million shares at a price of 140 fils per share KIB shareholders can subscribe to capital increase online  Kuwait, 24 May 2023: Kuwait International Bank (KIB) announced its preparation to start the subscription process to increase its capital by ......Read More

CATRICE introduces its highly anticipated Spring/Summer Collection, designed to help you achieve the perfect summer look. Discover an array of must-have products that guarantee long-lasting wear, effortless application, and a radiant finish. Start your radiant summer look with CATRICE's Glow Super Vitamin Serum is a must-have for ......Read More

Kuwait, 24 May 2023:  Burgan Bank announced that it recently participated as a platinum sponsor in the Career Growth Fair organized by the American University of Kuwait (AUK). The Bank’s sponsorship of this event is part of its ongoing efforts to support young talents, contribute to employment creation in the banking sector, and ......Read More

Reflecting strength of the Bank’s financial core Kuwait, 22 May 2023: Burgan Bank announced that Capital Intelligence Ratings (CI Ratings), the international credit rating agency, has affirmed the Long-term Foreign Currency and the Short-term Foreign Currency of Burgan Bank ratings at “A+” and “A1”, respectively. ......Read More

With the participation of decision-makers, central bank governors, and top bankers from around the world Kuwait, 23 May 2023: Kuwait International Bank (KIB) announced its diamond sponsorship of the Euro-Med Economic and Banking Summit 2023, set to take place from 24 to 26 May in Paris, France. The summit is organized by the Union of Arab Banks ......Read More

As part of the Bank's commitment to students and their development  Kuwait, 20 May 2023: Burgan Bank recently sponsored the American United School’s (AUS) seventh annual Art’s Night, held under the theme “Lights, Camera, Music: From Broadway to Hollywood.” The latest sponsorship is a testament to the ......Read More

The lucky draw will be conducted on July 6, 2023  Kuwait, 18 May 2023:  As the month of May approaches its end, Burgan Bank revealed that there are only a few days left to enter the Kanz semi-annual draw, for the chance to win the KD 500,000 cash prize. As part of efforts to maximize people’s chances of winning life-changing ......Read More

Kuwait, 17 May 2023: Kuwait International Bank (KIB) announced the launch of its new TV commercial designed to shine a light on its all-inclusive digital loyalty program, KIB Rewards. The program, which is the best of its kind in Kuwait, allows customers to collect reward points with every banking transaction and activity upon their registration ......Read More

Kuwait, 16 May 2023: Kuwait International Bank (KIB) continues to provide the best exclusive financing offers on consumer products and services, in partnership with IKEA Kuwait. This comes within the framework of the Bank’s continuous commitment and relentless efforts to provide unprecedented banking solutions and a unique shopping ......Read More

Perrelet’s 50-piece limited-edition Turbine Poker watch, revealing a poker game-inspired sub-dial, is now available in Maison Luxe, Dubai Mall. Dubai, May 12, 2023:  Maison Luxe, the leading luxury multi-brand retailer of watches and fine jewelry, hosted an exclusive event for the worldwide launch of the highly coveted ......Read More

 In extension to its comprehensive digital transformation efforts Kuwait, 15 May 2023: Burgan Bank announced that all customers can now open its signature saving and draw account, Kanz, in just less than a minute using the Burgan Bank Mobile application. This comes as part of the Bank’s comprehensive digital transformation strategy, ......Read More

• Project win includes upgrade of Steam Turbines and Generators for eight steam units as well as control system at Sabiya Power and Water Distillation Station   • Upgrade to extend lifetime of steam turbines & generators by up to 20 years, increasing efficiency and ensuring safe and reliable power generation and water ......Read More

With the participation of more than 100 companies from various vital sectors in Kuwait Kuwait, 14 May 2023: Kuwait International Bank (KIB) announced that it participated as sponsor of Baiti Exhibition, designated for the construction of the Al-Mutlaa area. This distinguished step comes as part of the Bank's strategy to contribute to social ......Read More

Hosted for the first time in Kuwait at AUK in the presence of 300 engineering scientists and researchers   Kuwait, 14 May 2023:  Stemming from its commitment to supporting educational initiatives, Burgan Bank announced its sponsorship of the 14th IEEE Global Engineering Education Conference (EDUCON 2023). The conference was hosted ......Read More

Kuwait, 13 May 2023: Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank (KIB), announced the financial results for the first quarter of 2023. The Bank achieved net profit attributable to shareholders amounting to KD 3.5 million, Earnings per share (EPS) was 3.15 fils, which grew by 42% compared to KD 2.5 million, 2.22 fils for ......Read More

With the participation of more than 100 companies from various sectors Kuwait, 13 May 2023 Burgan Bank announced its gold sponsorship of Baiti Exhibition, the largest housing exhibition in Kuwait, designated for the development of the Al-Mutlaa area. The Bank’s initiative comes as part of its strategic commitment to playing a leading ......Read More

Posting a Net Income of KD 7.6 million Kuwait, 11 May 2023:  Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first quarter  ending March 31, 2023. The Bank reported KD 54.7 million in Revenue for Q1’23, up 4% from Q1’22, driven by growth in Net Interest Income of KD ......Read More

Kuwait, 11 May 2023:  Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the first quarter  ending March 31, 2023. The Bank reported KD 54.7 million in Revenue for Q1’23, up 4% from Q1’22, driven by growth in Net Interest Income of KD 34.4 million( +8% y-o-y) and Net Fees ......Read More

As part of its “Skills for the Future” efforts to advance its professional caliber    Kuwait, 9 May 2023:  In a bid to maintain its leading position as an Employer of Choice that consistently caters to its employees’ need for growth, Burgan Bank announced the deployment of the AI-guided soft skills ......Read More

Kuwait, 9 May 2023: Kuwait International Bank (KIB) announced the name of the winner of its Al Dirwaza digital account opening campaign for the month of May, whereby customer Hussain Ramadan Mohammed Qotb won the draw. This draw comes after the Bank renewed the campaign designed to provide a distinctive digital banking experience and to reward ......Read More

In support of children’s theater and developing youth capabilities   Kuwait, 8 May 2023 :  Burgan Bank is celebrating the success of its sponsorship of the play, “Abracadabra”, which kicked off on the first day of Eid Al-Fitr on the stage of the Handball Hall in Daiya. As one of the most prominent theatrical ......Read More

Company pledges to achieve carbon neutral operations by 2045 Kuwait – May 7, 2023] Global technology brand HONOR today published its first-ever Environmental, Social and Governance (ESG) Report, outlining its goals and progress made across its seven ESG pillars including Environmental Protection, Technology for Good, and Youth ......Read More

Suite of aftersales services offers a seamless experience for customers, while providing more value, convenience and trust Kuwait (7 May 2022) – Nissan AL Babtain has marked a new milestone as part of its strategy to transform the aftersales journey for its customers in the region, with the launch of ‘Nissan Service’ across ......Read More

Al Dirwaza account is the best of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 6 May 2023: Kuwait International Bank (KIB) announced the names of the winners in the fourth Al Dirwaza account monthly draw, based on customers’ April deposits. The draw was held in the ......Read More

The highest cashback rate in the market with a wide range of benefits designed for customer convenience and varying needs Kuwait, 6 May 2023:  Burgan Bank announced the launch of a new series of Cashback cards, the best of their kind in Kuwait, supported by a wide range of diverse benefits designed to meet the needs of customers locally ......Read More

• 127 commercial aircraft delivered in Q1 2023 • Revenues € 11.8 billion; EBIT Adjusted € 0.8 billion • EBIT (reported) € 0.4 billion; EPS (reported) € 0.59 • Free cash flow before M&A and customer financing € -0.9 billion • Guidance unchanged   04 May 2023 – Airbus SE (stock exchange symbol: AIR) reported consolidated financial results for its First Quarter (Q1) ending 31 March 2023.   “The first quarter confirmed strong demand for our products, particularly for commercial aircraft. We delivered 127 commercial aircraft, which is reflected in the Q1 financials. The quarter also benefited from a good performance in Helicopters,” said Guillaume Faury, Airbus Chief Executive Officer. ......Read More

A unique talent program setting a new benchmark for human capital development across Kuwait’s banking sector Kuwait, 3 May 2023:  Burgan Bank recently celebrated the graduation of 52 aspiring Burgan talents who have successfully concluded the first round of the Bank’s dynamic talent development program, Ro2ya, each completing ......Read More

Setting a new market benchmark for seamless and speedy banking experiences Kuwait, 1 May 2023:  Burgan Bank announced that all customers may now easily open Burgan Bank’s Al-Rateb Salary Account in just 45 seconds, using the Burgan Bank Mobile Application. The seamless service comes as part of Burgan’s comprehensive digital ......Read More

Pandora pays tribute to all mother figures by acknowledging the diversity of motherhood this International Mother’s Day   Pandora pays special tribute to everyone who loves like a mum this International Mother’s Day. Whether connected by family, biology, friendship, experience, or all of the above, the new International ......Read More

Xiaomi inaugurates its biggest store at Dubai Mall, showcasing the latest tech products and offering a 50% discount on opening day. Dubai, United Arab Emirates, April 27, 2023- Xiaomi, a leading global technology company, recently opened its biggest flagship store in the United Arab Emirates (UAE) at the Dubai Mall. The much-awaited official ......Read More

Kuwait, 27th April 2023:  Burgan Bank’s Ramadan campaign broke records across TV channels and its platforms, with staggering viewership numbers and great participant turnout. Throughout the holy month, an impressive number of the Bank’s customers and social media users interacted with the series of entertaining videos that ......Read More

Kuwait, 25 April 2023: Kuwait International Bank (KIB) launched its Eid clothing humanitarian initiative, dubbed  “Kiswat Al Eid”, in collaboration with the Kuwait Red Crescent Society (KRCS), as part of its annual Ramadan campaign. This initiative aims to support and promote charitable and humanitarian practices that offer a ......Read More

Kuwait, 24 April 2023: As part of its leading social responsibility program, Kuwait International Bank (KIB) organized an Iftar banquet for security guards of the Joint Banking Complex in appreciation of their efforts and role in working around the clock to ensure covering all shifts. This initiative comes as part of KIB’s activities within ......Read More

Kuwait, 19 April 2023:  Burgan Bank announced that it will be closing all branches starting Sunday April 23, 2023, on the occasion of the Eid Al Fitr holiday. The Bank will resume normal operating hours at all branches on Wednesday, April 26, 2023. However, to accommodate Burgan Bank customers, the Airport Branch will continue to operate 24/7 ......Read More

As part of its strategy to honor to the continuous efforts and achievements of its staff Kuwait, 19 April 2023:  In a continuation of Burgan Bank’s policy of honoring its employees and in an effort to recognize their achievements in 2022, Burgan Bank celebrated a group of its most exceptional staff for their outstanding efforts ......Read More

Kuwait, 19 April 2023: Within the framework of its corporate social responsibility program, and as part of its celebration of the Gergean heritage festival, Kuwait International Bank (KIB) participated in the annual Arab Orphan Day event. Taking place under the auspices and in the presence of Minister of Social Affairs and Community Development ......Read More

April 19, 2023. On April 18th, the 20th Shanghai International Automobile Industry Exhibition opened grandly at the Shanghai National Convention and Exhibition Center. At the world's largest and most influential international A-class auto show, Chery Motors released its third-generation PHEV technology, showcasing its latest development path ......Read More

April 19, 2023:  Celebrate the month of Ramadan and Eid with carefully hand crafted pieces by Pandora. Featuring the latest Pandora Timeless collection, choose from a selection of elegant pieces that are perfect for wearing or gifting to that special someone. Pandora Timeless is a collection of elevated, classic yet contemporary jewellery ......Read More

Kuwait, 18 April 2023: Kuwait International Bank (KIB) is encouraging its customers to make use of and enjoy its cashback program and other rewards all year long, especially during the holy month of Ramadan and Eid Al-Fitr period. As part of its unwavering commitment to reward its customers, KIB Cardholders enjoy up to 5% and KD 600 cashback on ......Read More

In collaboration with KRCS Kuwait, 18 April 2023:  As part of efforts to positively impact the local community it serves, Burgan Bank joined hands with the Kuwait Red Crescent Society (KRCS) for another good cause of holding a toy drive in celebration of Eid Al-Fitr. The initiative is part of the Bank's special Ramadan campaign with ......Read More

In continuation of its inspiring series of talks   Kuwait, 18 April 2023:  Following its successful launch in September 2022, Burgan Bank hosted its second Burgan Talk earlier this month, featuring Ms. Sara Al-Sayegh, one of the Bank’s most aspiring talents in its Ro2ya development program. The Burgan Talk initiative is one ......Read More

Kuwait, 17 April 2023: Kuwait International Bank (KIB) announced the names of the winning customers in the Al Dirwaza digital account opening draw during the months of February and March. The lucky winners were Rashid Faleh Rashid Al Tamimi and Nasser Hlail Shamshir Al-Enezi. The draws were held as the Bank recently relaunched its campaign ......Read More

Kuwait, 16 April 2023: Nissan’s Max-Out all-electric convertible concept is set to make its China debut at Auto Shanghai 2023 on April 18. Accompanying it will be a wide range of new and future products that promise to exceed expectations, including two other concepts — making their global debut — designed to meet the diverse ......Read More

Kuwait, 17 April 2023:  Burgan Bank announced the appointment of Mr. Tony Daher as its new Group Chief Executive Officer (GCEO) after obtaining the approval of the Central Bank of Kuwait. Mr. Daher will assume responsibilities and commence his duties on April 16, 2023. He succeeds Mr. Masoud M. J. Hayat, who had served as the GCEO since April ......Read More

Kuwait, 15 April 2023: As part of this year’s social responsibility program during Ramadan, Kuwait International Bank (KIB) organized an Iftar meal initiative for those fasting throughout the Holy Month. This initiative was organized with the help of volunteers from KIB, the ‘KIB Heroes’, in line with the Bank’s pledge to ......Read More

Kuwait, 15 April 2023:  Burgan Bank has embraced the spirit of Ramadan by partnering with the Kuwait Association for the Care of Children in Hospital (KACCH) and Bayt Abdullah Children's Hospice (BACCH) to distribute toys to children in hospitals, under the umbrella of its special Ramadan campaign with the slogan entitled “Driven by ......Read More

Kuwait, 14 April 2023:  In adherence to the highest standards for safety and security in the workplace, as well as its civil responsibility, Burgan Bank organized an honorary ceremony to pay tribute to six Kuwait Fire Force officers in gratitude for their efforts in directing a successful fire drill. The ceremony was hosted at the ......Read More

13 April 2023:  The International Air Transport Association (IATA) welcomes the United Arab Emirates (UAE) ratification of the Montreal Protocol 2014 (MP14), a move that will strengthen the global legal deterrent against unruly and disruptive passenger incidents onboard flights.  “IATA welcomes the leadership shown by the UAE in ratifying MP14. Not only will this give the UAE authorities important new powers in dealing with unruly passengers that land in the country, but as a major aviation market and ICAO Council member, it will also encourage other States to ratify MP14. Ensuring greater international harmonization and strengthening the legal deterrent against unruly and disruptive passengers who pose a threat to passenger and crew wellbeing and safety onboard is a ......Read More

 Abbey’s Productions Founder, Sheikha Abrar Khaled Al Sabah, highlights the importance of bringing Arabs together through entertainment and media.  The Ramadan series has hit above 11 million views on ‘social media’ platforms.  Saqata Sahwan revives the Kuwaiti Egyptian ties through comedy. Kuwait, 12 ......Read More

Kuwait, 12 April 2023:  Burgan Bank concludes the eighth and final competition of the Kuwait Equestrian Federation (KEF) Tour for the 2022-2023 showjumping season, which was held at the Kuwait Riding Center (KRC) venue. The sponsorship of KEF’s tour falls under the umbrella of the Bank’s comprehensive social responsibility ......Read More

Kuwait, 11 April 2023: As a diamond sponsor of the Union of Arab Banks (UAB) annual events, Kuwait International Bank (KIB) sponsored the Sustainability and Sustainable Finance Forum, which was held at Park Regency Hotel in Sharm El Sheikh, Egypt. The Banks’ sponsorship comes as part of its vast efforts to enhance its role in supporting ......Read More

Kuwait, 10 April 2023: Kuwait International Bank (KIB) relaunched its annual Machla distribution initiative, in collaboration with the Kuwait Red Crescent Society (KRCS), during the upcoming Holy Month of Ramadan, as part of its dedicated efforts to serve the people of its community, especially underprivileged families. The Machla initiative is a ......Read More

As part of the Bank’s comprehensive Ramadan campaign “Do Good”    Kuwait, 9 April 2023: In celebration of the holy month, Kuwait International Bank (KIB) launched the “Do Good and Honor Your Neighbor” initiative as part of its month-long Ramadan campaign, “Do Good”, which comes under the ......Read More

Kuwait, 9 April 2023:  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

As part of their strategic partnership in the field of social responsibility and humanitarian work Kuwait, 8 April 2023:  As part of its Corporate Social Responsibility (CSR) program for the holy month of Ramadan this year, Burgan Bank is renewing its cooperation with the Kuwait Red Crescent Society (KRCS) to organize a Ramadan food ......Read More

7 April 2023 - Viu, PCCW’s leading pan-regional over-the-top (“OTT”) video streaming service, has strengthened its collaboration with Zain, Kuwait’s leading operator and digital service provider, to offer a complimentary Viu Premium subscription to active customers on selected plans of Zain’s all-new home broadband ......Read More

Redmi Note 12 Series continues to bring flagship-exclusive features to upper-mid-range devices, redefining photography, and overall user experiences. Dubai, United Arab Emirates, April 7, 2023:   Xiaomi announced yesterday the highly anticipated release of the Redmi Note 12 Series in the GCC region. The launch event was held at the W ......Read More

Kuwait, 6 April 2023: Kuwait International Bank (KIB) concluded its participation in the job fairs that were held at the campuses of the Kuwait International Law School (KILAW) and the Public Authority for Applied Education and Training (PAAET), after having witnessed the participation of a large number of distinguished institutions and ......Read More

As part of efforts to create synergy and operational efficiency Kuwait, 6 April 2023:  Led by the Vice Chairman and Group CEO of Burgan Bank, the CEOs Summit included both Burgan Bank and KIPCO group subsidiaries banks’ CEOs, which was held in Amman, Jordan, and hosted by Jordan Kuwait Bank.  The summit was convened with the ......Read More

Kuwait, 5 April 2023: Kuwait International Bank (KIB) is marking Ramadan this month with a compelling call to action campaign, featuring both new and traditional initiatives to make the holy month of fasting and prayer even more special for its employees, customers and wider community. The new campaign, introduced under the slogan “Do ......Read More

In a continued effort to advance its staff and outstanding Kuwaiti talents   Kuwait, 5 April 2023:  Burgan Bank announced that five of its talented employees, who were selected from the Bank’s Ro2ya program, have successfully completed the 2022 Innovation Challenge Program. The program was organized by the Kuwait Foundation ......Read More

Increasing its monthly and semi-annual draws to KD 2,000 and KD 500,000 respectively Kuwait, 5 April 2023:  Burgan Bank announced the revamped Kanz Draw account, with attractive new benefits and higher prizes for its monthly and semi-annual draws. This comes as part of Burgan’s continuously evolving retail strategy, in an effort to ......Read More

Kuwait, 4 April, 2023: Kuwait International Bank (KIB) recently announced its new strategic partnership agreement with Midas, as part of its commitment to enhance customers’ experiences with the best financing offers on consumer products and services.    The Bank’s collaboration with Midas, which offers customers ......Read More

Al Dirwaza account is the best of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws   Kuwait, 3 April 2023: Kuwait International Bank (KIB) announced the names of the winners in the third Al Dirwaza account monthly draw, based on customers’ March deposits. The draw was held in the ......Read More

Featuring strategic partnerships and initiatives with the aim of spreading joy in the community   Kuwait, 3 April 2023:  Burgan Bank announced the launch of its special Ramadan campaign under the slogan “Driven by Kindness ” as part of its distinguished Corporate Social Responsibility (CSR) program for the holy month. This ......Read More

In its continuous efforts to spread financial and banking literacy   Kuwait, 2 April 2023: Kuwait International Bank (KIB) recently highlighted the complete package of services it provides to its customers of determination, reaffirming its commitment to further integrate this segment of society into its activities. This falls in line ......Read More

As part of its ongoing efforts in bolstering the sports culture in Kuwait Kuwait, 2 April 2023:  Burgan Bank recently announced its sponsorship of the Kuwaiti national padel team in the NAS Padel Tournament 2023. The tournament’s tenth edition, hosted by the United Arab Emirates (UAE), is set to take place at the Nad Al Sheba Sports ......Read More

Shareholders approved distribution of 8 fils cash dividend and 5% bonus shares Kuwait, 1 April 2023: Burgan Bank held its 58th Annual General Assembly meeting and it’s 36th Annual Extraordinary General Meeting  at its Head Office on Saturday, April 1st, 2022, with a quorum of 79.268%. The Bank’s Board of Directors submitted ......Read More

KUWAIT – March 31, 2023 – Agility, a long-term investor and operator in supply chain services, infrastructure, and innovation, today reported full-year 2022 earnings of KD 68 million, or 26.83 fils per share, an increase of 180.7% over the same period in 2021, excluding results from its Global Integrated Logistics (GIL) unit, which was sold in 2021. Agility’s EBITDA increased 65.7% to KD 180.5 million and revenue grew 77.6% to KD 863.4 million.  The results include: five months of performance from Menzies Aviation, acquired by Agility in 2022; four months of performance by HG Storage International, acquired by Agility’s Tristar Business in 2022.      n a like-for-like basis -- excluding Menzies and HG Storage performance, and GIL ......Read More

Kuwait, 1 April 2023: Kuwait International Bank (KIB) revealed that it would be providing Eidiya services once again in its branches across Kuwait in the lead up to the Eid Al Fitr celebration. Furthermore, KIB is bringing back the Eidiya Home Delivery service exclusively for its KIB Black segment customers. Commenting on the initiative, ......Read More