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Browsing: Solutions
Kuwait, 15 February 2026: Kuwait International Bank (KIB) announced the signing of a cooperation agreement with Lothan Hospital, one of Kuwait’s leading specialized medical institutions. The agreement reflects the Bank’s commitment to providing integrated solutions and value-added benefits that facilitate customers’ access to healthcare services and contribute to enhancing their quality of life. The agreement was signed on behalf of KIB by Othman Tawfeqe, General Manager of Retail Banking, while Lothan Hospital was represented by the CEO and Board Member, Abdullah Ahmed Alsebeih. The partnership aims to offer a range of f
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, 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
Kuwait, 13 January 2026: As part of its commitment to advancing financial innovation, empowering emerging talent, and supporting the advancement of the national economy, Kuwait International Bank (KIB) announced its participation in the Motawer Program, the first national initiative dedicated to supporting innovation in financial technology (fintech) across Kuwait. The program is presented by the Kuwait Banking Association (KBA) under the guidance and support of the Central Bank of Kuwait (CBK). As part of the program’s activities, Khalid Al-Sumait, Executive Manager – Core Digital Factory at KIB, recently took part as a speaker in o
Kuwait, December 30, 2025 – In a strategic move that underscores its leadership in digital transformation, Ooredoo Kuwait, the country’s leading provider of integrated telecommunications and digital technology solutions, has announced the launch of Vision AI, its latest advanced solution for the business sector. Powered by artificial intelligence, Vision AI is designed to empower organizations of all sizes by enhancing intelligent analytics capabilities and enabling faster, more accurate decision-making. The launch reflects Ooredoo’s ongoing commitment to enabling the business community through cutting-edge digital solutions
Kuwait City, Kuwait – 22 December 2025: Kuwait Innovation Center (KIC) and Keeta announced today the signing of a Memorandum of Understanding to launch the first edition of Keeta Entrepreneurship Ecosystem (Kee) Project, an entrepreneurship and technology-focused program designed to develop practical, technology-driven solutions for the food delivery sector. The initiative brings together Keeta’s platform expertise and KIC’s innovation capabilities to support up to 50 local entrepreneurs, startups, and emerging talent, addressing real operational challenges through mentorship and hands-on solution development. KIC will design and d
Kuwait, 17 December 2025: Kuwait International Bank (KIB) and Al Muzaini Exchange announced the signing of a strategic partnership agreement to launch a new program for Al Muzaini’s multi-currency prepaid cards, along with the development of a specialized branded digital application, all under the ‘BIN’ program sponsored by KIB. The announcement was made during a recently held press conference as part of KIB’s ongoing efforts to drive digital innovation and expand the Banking as a Service (BaaS) model in Kuwait, keeping pace with rapid developments in the fintech sector and meeting the growing demand for secure, mod
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