As part of its ongoing efforts to support the sustainable growth of the sports sector 

Kuwait, 21 October 2023: Kuwait International Bank (KIB) renewed its sponsorship agreement with Kuwaiti jet-ski champion, Yousef Al-Abdulrazzaq for the 2023/24 season. The collaboration falls in line with the Bank’s comprehensive strategy for achieving sustainable development and its commitment to supporting talented national athletes in local, regional and international sporting events and competitions.  

This enduring collaboration between the Bank and the world champion yielded numerous victories. Al-Abdulrazzaq won the jet-ski world championship six times and nabbed a gold medal while competing for Kuwait at the Asian Games. His international accolades and achievements thus far have qualified him to become a Guinness World Record title holder. This year, Al-Abdulrazzaq will be competing in the UIM Aquabike World Championship for the 2023-24 season, in addition to the King’s Cup competition in Thailand, the UAE Jet Ski Championship, and the Kuwait World Championship, and many more. 

Commenting on this sponsorship, Marwa Marafie, Manager of Marketing and Corporate Communication at KIB, said: “At KIB, we have always been staunch supporters of aspiring national athletes, as we strive to help elevate the local sports sector. To this end, we are delighted to renew our one-year sponsorship agreement with Yousef Al-Abdulrazzaq and provide him the financial and moral support required to continue achieving notable success all while carrying Kuwait’s flag high in regional and international competitions.” 

Marafie affirmed that the Bank firmly believes in its responsibility, as a national financial institution, to support world-class Kuwaiti athletes, who inspire current and future generations to integrate sports into their routines and lead vigorous and well-balanced lives. She went on to applaud the remarkable achievements of Al-Abdulrazzaq over his illustrious career spanning more than 19 years, wishing him the best of luck during the upcoming season. 
It serves to note that KIB continues to expand the scope of its robust social responsibility program, with activities and initiatives that empower the community in which it serves and all its members. Driven by its ‘Bank for Life’ slogan, KIB is keen to cement its role as a leading banking institution that supports passionate, motivated athletes and the overall local sports sector, due to its growing importance in the Kuwaiti economy.