Browsing: Kuwait

Kuwait, 25 November 2025: As part of its ongoing efforts to support digital transformation and enhance the professionalism of real estate sector practitioners, the Real Estate Department at Kuwait International Bank (KIB) recently organized a visual presentation highlighting the proposed digital initiative the Bank is developing through its technology arm, Innovatech. The event was attended by a select group of real estate appraisers accredited by the Ministry of Commerce and Industry. The initiative aims to enhance the business environment for real estate appraisers by introducing innovative digital solutions that improve performance effi

Kuwait Hosts SAP Business Suite Innovation Day to Shape an AI-Powered Future Event marks signing of MoU between CAIT and SAP to develop national talent in Business AI, cloud, and data science, supporting Kuwait’s Vision 2035 Kuwait City, Kuwait — 24 November, 2025 — held under the patronage and in the presence of H.E. Omar Saud Al-Omar, senior business executives and technology experts gathered in Kuwait City for the SAP Business Suite Innovation Day 2025 – Kuwait, to explore how Business AI, cloud computing, and intelligent technologies can drive transformation and accelerate the nation’s digital agenda through

As part of the Bank’s comprehensive social responsibility program and its commitment to ESG practices Kuwait, 23 November 2025 In line with its ongoing efforts to support and advance Kuwait’s arts and culture fields, Burgan Bank concluded its sponsorship of Dar Al-Athar Al-Islamiyyah’s (DAI) ninth annual Fall Festival. The event, held at Yarmouk Culture Center, welcomed over 1,000 visitors of all ages, and numerous artists who performed live music and theatre acts as well as facilitated workshops and activities for the whole family. Burgan Bank’s continued support of DAI’s seasonal events comes as part

Kuwait, 10 November 2025: Building on its sustainability program and dedicated Environmental, Social, and Governance (ESG) strategy, Kuwait International Bank (KIB) announced publishing its fourth annual Sustainability Report for 2024, showcasing its contributions to and achievements in supporting Kuwait’s transition to a more sustainable economy. The report, curated in compliance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards as well as the guidelines set forth by the Central Bank of Kuwait (CBK) and Boursa Kuwait for ESG reporting on transparency, expands on KIB’s sustainability efforts in line wit

Kuwait, 12 November 2025: In a move that underscores its continued commitment to supporting entrepreneurs and small and medium-sized enterprises (SMEs) in Kuwait, KIB Mubader Center, the business incubator and accelerator affiliated with Kuwait International Bank (KIB), announced the signing of a Memorandum of Understanding (MoU) and strategic cooperation with the Kuwait Asian Import & Export Company. The agreement aims to enhance collaboration in empowering entrepreneurs and streamlining import operations from China. The partnership aims to provide practical and end-to-end solutions that help entrepreneurs overcome the challenges associat

Reinforcing the Bank’s proactive role in advancing the national financial literacy and banking awareness campaign “Let’s Be Aware” Kuwait, 17 November 2025 In line with its leadership role in digital transformation and its commitment to fostering a culture of adeptness and awareness among its employees, Burgan Bank launched its Risk and Cyber Awareness Week under the theme “Awareness is Our First Defense”. The initiative aligns with the Bank’s ongoing support for the “Let’s Be Aware” (Diraya) financial literacy and banking awareness campaign, launched and supervised by the

Kuwait, 17 November 2025: Kuwait International Bank (KIB) announced the launch of its new Western Union Cash Pickup service through the KIB Mobile App. The new service enables customers in Kuwait to send international money transfers digitally with just a few taps, while beneficiaries abroad can conveniently collect the funds in cash from Western Union agent locations across more than 200 countries and territories. This step aligns with KIB’s strategy to continue expanding its digital banking experience and provide innovative, accessible financial solutions that support customers’ evolving lifestyles. Commenting on the launch,