logo
KIB promotes financial awareness and banking literacy among visitors of Assima Mall through its interactive booth

KIB promotes financial awareness and banking literacy among visitors of Assima Mall through its interactive booth

Al Bawaba13 hours ago

Kuwait International Bank (KIB) launched an on-ground initiative to promote financial awareness through its dedicated booth at Assima Mall, as part of its ongoing efforts to support the 'Let's Be Aware' (Diraya) campaign launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA), in cooperation with local banks.As a reflection of its commitment to promoting banking literacy across all segments of society, KIB's booth offered an interactive experience for mall visitors, allowing them to access valuable financial information and guidance in a simplified and comprehensive manner.Commenting on the occasion, Mariam Al-Nasser, Head of Branches and Premier Banking at KIB, said: 'Our presence at Assima Mall reflects our ongoing commitment to direct engagement with the community and to promoting financial empowerment, especially amid the growing use of digital banking services. Through our participation in the 'Let's Be Aware' campaign, we are keen to deliver meaningful awareness messages that help enhance individuals' financial literacy, introduce them to our banking products and solutions, and inform them of the best ways to protect their personal data.'She added: 'Our booth saw strong engagement from visitors, as we focused on offering tips to help avoid financial fraud, encouraging smart saving habits, and promoting the safe use of digital services, especially given the growing reliance on digital platforms. We also made it a point to engage with diverse groups such as youth and families, helping them understand how banking services are intertwined with their daily lives and financial futures. The booth also provided an opportunity for visitors to learn about the principles of Islamic finance, the benefits of saving and investing, and how to build a secure financial future. Additionally, we showcased a range of KIB's innovative, Sharia-compliant solutions designed to help customers achieve their financial goals and meet their ongoing needs.'
It is worth noting that KIB continues to strengthen its role as a trusted financial partner through its ongoing commitment to banking awareness and the launch of community initiatives aimed at building a secure financial environment. These efforts align with the Bank's comprehensive corporate social responsibility strategy and support the goals of the 'Let's Be Aware' campaign, reflecting its continued dedication to being a true 'Bank for Life.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dubai Land Department encourages Emirati citizens to join the Dubai Real Estate Broker Programme
Dubai Land Department encourages Emirati citizens to join the Dubai Real Estate Broker Programme

Al Bawaba

time6 hours ago

  • Al Bawaba

Dubai Land Department encourages Emirati citizens to join the Dubai Real Estate Broker Programme

Dubai Land Department (DLD) has announced that Emirati citizens interested in joining the 'Dubai Real Estate Broker Programme' can now register via a dedicated link on its official website. This follows strong interest since the programme's launch, which has already drawn a significant number of citizens keen to enter the real estate brokerage sector. The initiative continues reinforcing its role as a strategic platform for increasing national talent participation in this key this context, Dubai Land Department calls on developers and real estate brokers, particularly those who have not had the opportunity to join the Dubai Real Estate Broker Programme in its previous phases, to take part in supporting the programme's journey by presenting their proposals and initiatives that contribute to achieving its objectives as key partners in its ongoing success. DLD emphasises the importance of this collaboration in building an integrated ecosystem based on strong public-private sector synergy. This cooperation opens the door to high-quality opportunities for training and employing national talent, supporting the sustainability of the real estate sector, and reinforcing Dubai's position as a leading destination for talent and date, the programme has surpassed expectations, with the number of qualified Emirati brokers reaching more than 180% of the annual target. It has also delivered numerous specialised training courses in collaboration with accredited academic institutions. Upon completion of the required training, participants are issued an official real estate broker card valid for three years, allowing them to practice the profession in accordance with Dubai's legal and regulatory framework. These efforts have significantly boosted broker performance, resulting in real estate transactions exceeding AED 500 million from the programme's launch through the end of April 2025. Furthermore, 231 new real estate brokerage firms have been part of its institutional collaboration efforts, DLD organised more than 10 meetings and gatherings with its 71 strategic allies from various real estate-related sectors. These include 26 real estate development companies, 38 brokerage firms, and four training and qualification institutes. This initiative has contributed to building an integrated network that enhances professional success opportunities for participants and strengthens the ecosystem supporting Emiratisation in this vital part of its efforts to stimulate the business environment and support the Emiratisation of real estate professions, Dubai Land Department will implement an incentive points system specifically for brokerage firms that employ Emirati citizens. These firms will receive additional points that will enhance their ranking within DLD's approved evaluation system, positively impacting their competitive position in the affirms that the Dubai Real Estate Broker Programme is one of the key pillars aligned with the Dubai Social Agenda 2033 objectives. The programme aims to empower Emirati citizens to benefit from the economic opportunities available in the real estate sector by providing specialised professional training, issuing the 'National Broker' licence, allocating a percentage of real estate projects to programme participants, and enhancing their employment opportunities within active brokerage firms across programme serves as a comprehensive platform for developing national talent and preparing a new generation of qualified Emirati brokers in line with the highest professional standards. It contributes to reinforcing Dubai's position as a leading global destination for real estate investment and supports the sector's sustainability and dynamism. The programme also aims to increase the percentage of Emiratis working in real estate brokerage to 15% over the next three years, reflecting the Dubai Government's commitment to engaging national talent in high-value economic programme's continued implementation and expansion reaffirm its vision's success in opening new horizons for Emirati youth and equipping them with the tools for competitiveness and innovation. This aligns with Dubai's broader development goals and contributes to building a more inclusive and sustainable economic ecosystem. Dubai Land Department invites all citizens interested in joining the programme to complete the registration process, which have been simplified through logging in with the UAE Pass and then requesting to join the training course, via the following through the following online link:

From the trading hall to the pinnacle of digital innovation: Boursa Kuwait and Markaz empower Kuwaiti youth with UNICODE
From the trading hall to the pinnacle of digital innovation: Boursa Kuwait and Markaz empower Kuwaiti youth with UNICODE

Al Bawaba

time6 hours ago

  • Al Bawaba

From the trading hall to the pinnacle of digital innovation: Boursa Kuwait and Markaz empower Kuwaiti youth with UNICODE

Boursa Kuwait and the Kuwait Financial Centre 'Markaz' continued their strategic partnership with CODED Academy, sponsoring the fifth edition of the Academy's UNICODE Program, which targets over 300 university students and recent graduates across three cohorts from August to October program, hosted by Boursa Kuwait at its premises, aims to equip participants with essential coding and programming skills, thereby enhancing their readiness to compete in the rapidly evolving digital job market. It features specialized training tracks in cybersecurity as well as mobile application and web development, offering participants a wide range of potential career pathways. Since its inception in 2021, the program has benefited over 750 students from diverse academic UNICODE Program's fifth edition will commence on August 9 and is comprised of three intensive two-week training cohorts, culminating in a graduation ceremony to be held in November. Participants will undergo hands-on training in a range of essential technical skills, including website development using HTML, CSS, and JavaScript, mobile application development using the Flutter platform as well as foundational cybersecurity and digital safety practices.'Boursa Kuwait firmly believes that investing in human capital is the cornerstone of any meaningful development and that Kuwaiti youth are the driving force behind a sustainable future,' said Mr. Naser Al-Sanousi, Boursa Kuwait's Senior Director of Marketing and Communication.'Our strategic partnership with CODED Academy, along with our sponsorship and hosting of the UNICODE Program, reflects this belief, reaffirming our commitment to initiatives that bridge the gap between academic knowledge and the evolving needs of the Kuwaiti labor market. These efforts are also an embodiment of Boursa Kuwait's strategic commitment to building a knowledge-based society capable of driving digital transformation and enhancing national competitiveness,' he Kuwait will host the program's workshops and interactive training sessions at its headquarters, which has been equipped with state-of-the-art facilities designed to offer students a stimulating learning environment that mirrors real-world professional settings and inspires them to explore promising career opportunities in the financial sector. 'Boursa Kuwait is proud to host UNICODE at its premises, reinforcing the connection between program participants and capital markets,' Al-Sanousi year's edition of the program introduces enhanced content through the integration of financial technology (FinTech) and artificial intelligence concepts across all training tracks, an approach that reflects Boursa Kuwait's strategic focus on innovation as a key driver of sustainable development. The program also aims to empower participants to devise practical solutions to the contemporary challenges of the financial sector, expanding their professional horizons and supporting their long-term career growth.'The fifth edition of this program serves as an effective bridge between academic aspirations and practical application in the workplace, representing a true launchpad for innovation. By supporting this initiative, we aim to help prepare a generation equipped with the skills and capabilities to drive Kuwait's economic growth and support its efforts for diversification. I would like to extend my sincere appreciation to CODED Academy for its instrumental role in nurturing young talent and enhancing their skills, and I wish all participants continued success in their pursuit of excellence and innovation,' added strategic partnership between Boursa Kuwait and 'Markaz' with CODED Academy and sponsorship of its UniCODE program forms part of both companies' efforts to develop and educate Kuwaiti society and create a lasting meaningful impact on the communities where they operate. Part of their Corporate Sustainability (CS) strategies, the initiative is also in line with Goal 4 – Quality Education – and Goal 17 – Partnership for the Goals - of the UN's Sustainable Development Goals (SDGs).Senior Vice President of Wealth Management and Business Development Ms. Maryam Al-Rifae also spoke about the partnership with CODED Academy, stating, 'Markaz takes great pride in being one of the earliest supporters of CODED Academy since its inception. This marks our fourth sponsorship of the academy's initiatives since 2019, a commitment that underscores our dedication to fostering innovation and entrepreneurship in Kuwait. It also reflects our broader vision of empowering youth to pursue promising fields such as programming and coding, while reinforcing our belief in human capital development as a cornerstone of our corporate social responsibility strategy.'She added, 'Technology has become an essential part of everyday life, and we have a responsibility as institutions to nurture this shift by cultivating an environment conducive to the growth of start-ups and the development of competitive, homegrown tech solutions. A recent McKinsey report found that supporting educational tech initiatives like the UNICODE program can boost youth employment opportunities by up to 50%, which is a compelling validation of the program's impact and importance.''We are proud to collaborate with Boursa Kuwait on this initiative that reflects our shared commitment to empowering Kuwaiti youth, equipping them for digital transformation and helping them adapt to the fast-evolving demands of today's job market. At Markaz, we firmly believe that institutional partnerships are essential to driving inclusive development, led by a generation armed with knowledge, skills and a spirit of innovation," Al-Rifae Kuwait Financial Centre 'Markaz' was established in 1974 and is one of the first financial institutions in Kuwait to offer asset management and investment banking services in the Middle East and North Africa. Listed on Boursa Kuwait since 1997, it currently manages assets worth KD 1.44 billion (equivalent to USD 4.67 billion) as of March 31, Academy Co-Founder and Chief Operating Officer Mr. Hashim Behbehani expressed his heartfelt gratitude to Boursa Kuwait and the Kuwait Financial Centre 'Markaz' for their continued support of the Academy and generous sponsorship of the Unicode Program, emphasizing that this strategic collaboration reflects a shared commitment to empowering Kuwaiti youth and cultivating a new generation of highly skilled tech professionals.'We are proud to launch a new edition of the Unicode Program, purposefully designed to equip participants with the most in-demand technical skills in today's job market,' he said. 'This year's curriculum places a strong emphasis on practical, hands-on training in fintech and cybersecurity, offering an immersive learning experience aligned with the dynamic needs of the labor market.''Hosting the program at Boursa Kuwait provides participants with an immersive environment that elevates their learning journey and reinforces the program's growing reputation as a vital step in their career development. CODED Academy remains committed to offering practical, high-quality training that aligns with the aspirations and ambitions of today's students,' added in 2015, CODED Academy is the first coding academy in the Middle East, educating participants in software development, cybersecurity, data science and artificial intelligence, enabling the youth to navigate the evolving demands of a competitive job market and enter the workforce with confidence and Kuwait's Corporate Sustainability strategy stipulates ensuring initiatives apply and fall in line with the company's corporate social responsibility (CSR), industry best practice standards, and investor expectations, creating strong and sustainable partnerships that ultimately achieve success and allow Boursa Kuwait to leverage the capabilities and strengths of other companies or organizations that have experience in different fields, and integrating sustainability efforts with the company culture, to achieve longevity and ongoing impact that is carried on and instilled in the day-to-day operations of the stock exchange. As part of the strategy, Boursa Kuwait has launched many initiatives in partnership with local and international organizations, focusing on support for nongovernmental organizations and charity programs, financial literacy and capital market awareness, the empowerment of women, and environmental protection.

The Ritz-Carlton, Amman Celebrates Three Years of Unparalleled Luxury and Unforgettable Experiences
The Ritz-Carlton, Amman Celebrates Three Years of Unparalleled Luxury and Unforgettable Experiences

Al Bawaba

time6 hours ago

  • Al Bawaba

The Ritz-Carlton, Amman Celebrates Three Years of Unparalleled Luxury and Unforgettable Experiences

The Ritz-Carlton, Amman is commemorating its anniversary, marking three years of unparalleled luxury and service excellence. Since its grand opening in May 2022, the hotel has welcomed guests to unforgettable experiences, garnering attention and acclaim from guests, global publications, and industry leaders day one, The Ritz-Carlton, Amman has distinguished itself as a haven of sophistication and elegance, earning prestigious accolades that affirm its leading position in luxury hospitality. Each year since its debut, the hotel has been named the "Middle East's Leading Luxury Hotel and Spa" by World Travel Awards. In 2024, it was further honored with the global title of "World's Leading Luxury Hotel and Spa." These recognitions stand as powerful testaments to the hotel's consistent pursuit of excellence and its passion for crafting truly unforgettable experiences.A cornerstone of the hotel's success is its exceptional guest satisfaction, which is eloquently underscored by its leading performance in the Marriot Group's Intent-to-Recommend survey. The Ritz-Carlton, Amman has maintained the number one position in the EMEA region and remains among the top five globally. These accolades reflect not only world-class operations, but also a deeply ingrained culture of service dedication to impeccable hospitality has made The Ritz-Carlton, Amman the destination Jordan's most distinguished gatherings. In its first year alone, the hotel hosted more than 150 corporate events and 60 weddings. Its opulent Grand Ballroom continues to stand as a coveted venue for its versatility and elegance. Beyond the events, the hotel has meticulously curated seven of Amman's most exceptional dining and social destinations, including the award-winning Roberto's, the Levantine delicacies of Kenz, the vibrant atmosphere of Legends, and the intimate locale of The Founder's the guest journey, The Ritz-Carlton, Amman has forged collaborations with esteemed global and regional luxury brands, such as Louis Vuitton and ESPA, curating bespoke activations and immersive experiences that elevate the hotel's to its legacy of purpose-driven luxury, the hotel continues to uplift the local community and champion sustainable practices. Through a partnership with Social Enterprise Project (SEP), The Ritz-Carlton, Amman supports refugee women artisans through beautifully handcrafted pieces sold at the premises. The hotel also plays an active role in advancing healthcare in the region through collaborations with the King Hussein Cancer Foundation and Himmetna, further reflecting the brand's belief that true luxury extends beyond comfort to include compassion, responsibility, and meaningful his pride in the hotel's achievements, Mr. Tareq Derbas, General Manager of The Ritz-Carlton, Amman, said, 'The hotel's achievements in the past three years are something to be truly proud of. Our consistent global recognition and leading guest satisfaction are powerful testaments to our Ladies and Gentlemen's unwavering dedication. We are committed to continually innovating and enriching our offerings, ensuring The Ritz-Carlton, Amman remains the pinnacle of luxury and a cornerstone of the community for many years to come.' For the hotel, this is only the beginning. The Ritz-Carlton, Amman is poised to further enrich its legacy by expanding its experiential offerings, deepening its community impact, and leading in luxury hospitality in the region. It promises to continue elevating its standards for refinement, relevance, and unrivaled service.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store