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ABK wins The Asian Banker Credit Risk Management Award for 2018

December 16, 2018

ABK wins The Asian Banker Credit Risk Management Award for 2018

KUWAIT: Al-Ahli Bank of Kuwait (ABK), recently listed as one of the top 10 safest banks in the Middle East by Global Finance, was conferred the prestigious ‘Achievement in Credit Risk Management in the Middle East and Africa’ award by The Asian Banker. The award ceremony was held in conjunction with the Middle East & Africa International Finance Dialogue 2018 on 29th November in Dubai.

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Gulf Bank’s AGM becomes first Kuwaiti AGM to lecture at IBS

December 13, 2018

Gulf Bank’s AGM becomes first Kuwaiti AGM to lecture at IBS

KUWAIT: Gulf Bank is proud to announce its participation in a training workshop organized by the Kuwait Institute of Banking Studies, inviting Gulf Bank’s Bader Al-Ali, Assistant General Manager – Operations, as the key lecturer of their new certification program. Al-Ali becomes the first Kuwaiti AGM to have been chosen by the IBS to be a key lecturer at the institute as part of the Branch Operation"... Continue Reading

Citi Announces Global, Mission-Led Partnership with the International Paralympic Committee

December 13, 2018

Citi Announces Global, Mission-Led Partnership with the International Paralympic Committee

Citi today announced that it has entered into a partnership agreement with the International Paralympic Committee (IPC) to become an international partner through 2020 and to support National Paralympic Committees (NPCs) in 18 countries as they prepare for upcoming World and regional Championships, as well as the Tokyo 2020 Paralympic Games. The 18 National Paralympic Committees (NPCs) Citi will sponsor include: Australia, Chinese Taipei, Colombia, Costa Rica, Great Britain, Hong Kong, India, Indonesia, Ireland, Malaysia, Mexico, Nigeria, Philippines, Poland, Singapore, South Africa, Thailand, and the UAE. Citi serves clients through a local presence in each of these 18 NPC communities and will engage fans through integrated marketing campaigns and promotions to generate excitement and national pride around the extraordinary accomplishments of the countries’...... Continue Reading

Takeda and the New York Academy of Sciences Announce 2019 Innovators in Science Award Winners

December 13, 2018

Takeda and the New York Academy of Sciences Announce 2019 Innovators in Science Award Winners

Takeda Pharmaceutical Company Limited, (“Takeda”) (TSE:4502) and the New York Academy of Sciences announced today the Winners of the second annual Innovators in Science Award for their commitment to and excellence in regenerative medicine. The 2019 Winner of the Senior Scientist Award is Michele De Luca, M.D., Professor of Biochemistry and Director of the Centre for Regenerative Medicine “Stefano Ferrari”, University of Modena and Reggio Emilia in Modena, Italy. Dr. De Luca has dedicated his career in translational medicine to developing stem cell therapies and is a leading authority on human squamous epithelial stem cell biology. “Breakthroughs in regenerative medicine start with basic...... Continue Reading

Entersekt Gains Early Certification for E-Commerce Authentication Solution

December 13, 2018

Entersekt Gains Early Certification for E-Commerce Authentication Solution

Entersekt, an innovator in mobile-first fintech solutions, today announced that it has gained EMVCo certification for its 3-D Secure 2 access control server. EMVCo is a payments industry consortium managing global specifications for secure card-based e-commerce transactions. Entersekt has offered a 3-D Secure access control server (ACS) for many years. Its mobile-optimized solution was among the first to be accredited by Visa, Mastercard, and American Express. It has proved popular among consumers in Europe and South Africa, who continue to enjoy the password-free, one-touch experience it makes possible. “Several years ago, Entersekt was the first company in Africa to earn accreditation for its ACS from all...... Continue Reading

ABK concludes seventh annual football tourney

December 12, 2018

ABK concludes seventh annual football tourney

KUWAIT: Al Ahli Bank of Kuwait (ABK) yesterday announced the conclusion of the 7thAnnual Football Tournament, which was held at ‘The Corner’ soccer field in Kuwait City, opposite Kuwait Towers. The exciting day-long event took place on 5thDecember 2018, from 4pm until 9 pm. A total of 8 Academies for children between the ages of 9 and 10 years old participated in the tournament; Kuwait Brazouka"... Continue Reading

$13 billion remitted from Kuwait in 2017

December 11, 2018

$13 billion remitted from Kuwait in 2017

Kuwait City: A migration and remittances report by the World Bank on expat remittances in 2017 showed Kuwait stood 8th worldwide with over $13 billion in remittances made from the country, only $22 million made to Kuwait in the same year.

The"... Continue Reading

Sharjah Finance Department Cooperate With Sharjah Islamic Bank to Facilitate Payment Services

December 11, 2018

Sharjah Finance Department Cooperate With Sharjah Islamic Bank to Facilitate Payment Services

Sharjah Finance Department signed yesterday on Monday, an agreement with Sharjah Islamic Bank to cooperate in banking services to be provided to clients of both sides, in the context of Making the payment service easer to the clients and enabling them to pay service charges and Government transactions easy and safe way.

The signing"... Continue Reading

Burgan Bank appoints CEO for Kuwait

December 10, 2018

Burgan Bank appoints CEO for Kuwait

Burgan Bank has announced today the appointment of Raed Al-Haqhaq as chief executive officer for its operations in Kuwait after obtaining approval from the Central Bank of Kuwait.

Al-Haqhaq played a vital role in shaping and executing the strategic direction of Burgan Bank – Kuwait under his previous role as deputy chief executive officer – Kuwait and will continue to lead the bank"... Continue Reading

KIB sponsors 5th Kuwait Industries Union Expo

December 6, 2018

KIB sponsors 5th Kuwait Industries Union Expo

KUWAIT CITY, Dec 5: KIB recently sponsored the 5th Kuwaiti Industries Union (KIU) Expo 2018. Held under the patronage of HH the Amir Sheikh Sabah Al-Ahmad, the exhibition took place at Kuwait International Fair in Mishref. The exhibition was attended by a number of large local factories, companies, and SME business owners, in addition to the participation of public entities closely linked to this sector.

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