Browsing: Kuwait

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

Kuwait, 27 January 2026: Kuwait International Bank (KIB) wrapped up its participation in the Auto World Show 2026, held at the Kuwait International Fairground in Mishref from January 19 to 24, amid notable interest from visitors and automotive industry stakeholders. The Bank’s participation reflects its keenness to engage in specialized economic events and reinforce its position in the local vehicle financing market. During the exhibition, KIB presented a comprehensive range of financing solutions designed to meet the needs of various customer segments. These included zero profit (0%) financing offers on selected car models, along wi

Dubai – 28 January 2026: His Excellency Dr. Abdulla Busenad, Director General of Dubai Customs, received His Excellency Khaled Abdulrahim Al-Zaabi, Consul General of the State of Kuwait in Dubai and the Northern Emirates, as part of efforts to strengthen bilateral relations and expand areas of cooperation between the two sides. During the meeting, His Excellency Dr. Abdulla Busenad welcomed the Kuwaiti consul general, affirming the deep historical ties between the United Arab Emirates and the State of Kuwait. He praised the level of cooperation between institutions in both countries, particularly in the trade and economic fields. On this o

Kuwait, January 25, 2026: Kuwait Credit Information Network Company (CINET), Kuwait’s leading and sole provider of credit information and credit ratings, has won the Silver Award for Best Environmental, Social, and Governance (ESG) Campaign at the Middle East Public Relations Association (MEPRA) Awards, in recognition of its impactful “Mr. Score” video commercial and the integrated awareness campaign accompanying it. This regional recognition underscores CINET’s ongoing commitment to its social role in enhancing credit awareness and promoting financial credit in Kuwait, while reinforcing responsible credit behavi

Kuwait, 24 January 2026: In support of Kuwait Vision 2035 and in line with strengthening the State of Kuwait’s position as an attractive destination for tourism and major sporting events, Kuwait International Bank (KIB) recently held a press conference to unveil the details of the fourth season of its flagship sporting event, KIB | The Stadium. Organized by the Bank’s strategic partner, Suffix, the upcoming season will be dedicated to equestrian sport for the third consecutive year and will take place over two weekends, from February 5 to 14, at Marina Beach. KIB | The Stadium embodies the Bank’s commitment to supporting

VFS Global, the global leader in trusted technology services, empowering secure mobility for governments and citizens, in association with the Embassies of Czech Republic and the Federal Republic of Germany in Kuwait, has opened a state-of-the-art Visa Application Centre, to provide an enhanced visa application experience to residents in the State of Kuwait. The new premises feature an increased number of biometric enrolment counters to ensure a faster application process, alongside a refreshed look and feel that provides a comfortable, safe, secure, and privacy-enabled environment for all visitors. The renewed Visa Application Centre was

The Bank welcomed 200 new employees hired in 2025, with Kuwaitization rate of 94.29% • Recruitment aligned with national employment priorities and Kuwait Vision 2035 • Burgan Bank reinforces employer-of-choice positioning through structured talent development • The Bank’s flagship Ro’ya leadership program advances high-potential talent across four leadership streams • Strategic partnerships with leading institutions support continuous skills development • Burgan Bank recognized with regional and international awards for talent development excellence • First bank in Kuwait to be cer