Browsing: Kuwait

Kuwait, 14 February 2026: Kuwait International Bank (KIB) announced the signing of a strategic cooperation agreement with ACICO Group, a leader in the construction and industrial sectors. The announcement was made during a meeting held to mark the partnership, which aims to offer affordable financing solutions and exclusive incentives for citizens seeking to build their residential plots, in line with their aspirations and the growing demands of the real estate and construction sectors. The agreement was signed by Othman Tawfeqe, General Manager of Retail Banking at KIB, and Ahmed Ghassan Al-Khaled, Vice Chairman at ACICO Group. This step

Kuwait, 11 February 2026: Kuwait International Bank (KIB) organized a grand opening ceremony to announce the launch of the fourth season of KIB | The Stadium, the Bank’s flagship sporting event, organized by its strategic partner, Suffix. Dedicated to equestrian sports for the third consecutive year, the championship began on February 5, 6, and 8, and will continue on February 12, 13, and 14, 2026 at Marina Beach. KIB’s sponsorship of the championship reflects its commitment to promoting sports culture and supporting equestrian sport in Kuwait and comes as part of the Bank’s comprehensive corporate social responsibility p

In line with the Bank’s “Teach Them Young” CSR program Kuwait, 8 February 2026 Expanding on its robust strategy for investing in Kuwait’s national talents and equipping future-ready youths to lead the banking sector, Burgan Bank hosted the American United School (AUS) high school students at the head office, as part of “Teach Them Young”, Burgan Bank’s youth-focused corporate social responsibility (CSR) initiative. The field visit covered several topics, including the history of banks and the evolution of the banking profession, modern digital banking services, safety practices against fi

Dubai, UAE, 4 February 2026 – Emirates marked UAE-Kuwait Week with a series of special onboard initiatives, marking the longstanding ties that unite the UAE and the State of Kuwait. the occasion, the airline introduced a special selection of traditional desserts across all cabin classes on its 30 weekly flights between Dubai and Kuwait. This included a Pistachio Rahash Tart served in all cabin classes, alongside a Gahwa Tart for First and Business class passengers, and a Toffee Date Cake for passengers traveling in Premium Economy and Economy Class. The airline also lined up special onboard announcements, highlighting the significance of t

Dividend of 150 fils per share recommended Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P “Ooredoo” (Ticker: OOREDOO) announced today its financial results for the year ended 31 December 2025: Financial Highlights: Full year Analysis 2025 2024 % change Consolidated Revenue (KWD m) 774 711 9% EBITDA (KWD m) 313 262 20% EBITDA margin (%)

Kuwait, 31 January 2026: Kuwait International Bank (KIB) recently hosted its first panel discussion, titled “Valuation of Industrial Plots and the Impact of Regulatory Decisions,” as part of efforts to strengthen institutional collaboration and advance professional practices in the real estate valuation sector. The event was held in collaboration with the Kuwait Real Estate Valuers Association and Kuwait Finance House (KFH). The panel discussion, held at the KIB Mubader Center, attracted a distinguished audience of specialists and professionals from the real estate sector. The organizing entities underscored the importance of t

Burgan Bank K.P.S.C. (“Burgan” or “the Bank”) announced its financial results for the year ended 31 December 2025 (FY’25), reporting a resilient performance underpinned by disciplined strategy execution, diversified revenue streams, prudent risk management, and a robust balance sheet. The Bank’s results were achieved amid a complex global and regional backdrop shaped by evolving economic conditions and ongoing geopolitical developments. For FY’25, total revenues increased 17% y-o-y to KD 268 million, driven by strong growth across both interest and non-interest income streams. Net interest income r

UAE – Dubai, 02nd February 2026: Following the directives of the UAE leadership to honor the longstanding brotherly ties between the United Arab Emirates and the State of Kuwait, Dubai Customs marked the occasion with an exceptional celebration for its Kuwaiti brothers. The Passenger Operations Department organized a distinctive welcome program that conveyed warmth, respect, and friendship to visitors from Kuwait. The initiative included a special reception journey, beginning with greetings at Kuwait International Airport—a heartfelt gesture symbolizing the strong bonds between the two nations. The celebration continued upon the tra

Dubai, UAE, 29 January 2026: As part of the celebration of the deep-rooted relations between the UAE and Kuwait, the Mohammed Bin Rashid Library is showcasing 72 books documenting Kuwait’s history and its cultural and social heritage, at Al Khor Exhibition. This initiative affirms the depth of the historical and humanitarian ties that bind the two nations, in conjunction with the UAE-Kuwait Relations Week. His Excellency Mohammed Ahmed Al Murr, Chairman of the Mohammed Bin Rashid Al Maktoum Library Foundation, stated that the UAE-Kuwait relations represent a model of brotherhood and mutual cooperation across various fields, inc

In-depth perspectives on global and regional developments shaping capital markets and investment decision-making Kuwait, 27 January 2026: Burgan Bank and Kamco Invest confirmed their readiness to host the third edition of their annual Investment Conference, scheduled to take place on Monday 2 February 2026 at The St. Regis Kuwait under the theme “Insights & Strategies Shaping Opportunities”. Building on the previous editions’ success, which firmly established the event as a leading investment forum in Kuwait and the region, the conference is set to convene thought leaders, global asset managers, and regional industry