Latest news with #NewKuwaitVision2035
Kuwait Times
3 days ago
- Business
- Kuwait Times
Burgan Bank honors Kuwait's Class of 2025 top graduates
Bank collaborates with the Ministry of Education in line with New Kuwait Vision 2035 KUWAIT: Stemming from its firm belief in the importance of education as a core pillar of community building and sustainable development, Burgan Bank, in cooperation with the Ministry of Education, organized a special ceremony for honoring the nationwide top-achieving graduates 2025 in Kuwait, in recognition of their academic achievement and outstanding performance in both the science and arts sections and the special education schools affiliated with the ministry. The ceremony was attended by Maryam Al-Enezi, Assistant Undersecretary for Educational Development and Activities at the Ministry of Education; Fadel Abdullah, Chief Executive Officer – Burgan Bank Kuwait; Naqeeb Amin, General Manager – Human Resources and Development for the Group at Burgan Bank; members of the bank's top management and the graduates' parents. The event was marked by a joyful atmosphere among the students and their families, in appreciation of the exceptional efforts they made during the 2025 academic year, which culminated in their excellence. The ceremony began with a welcoming speech by Abdullah, Al-Enezi and Amin, followed by the official honoring of students who received symbolic trophies, and commemorative gifts. The students also contributed a few heartfelt words expressing their ambitions and future plans, amidst the encouragement and joy of the attendees for this achievement and excellence. Naqeeb Amin, General Manager – Human Resources and Development for the Group, delivers his speech. Officials honors the graduates and top-achievers during the ceremony. Maryam Al-Enezi, Assistant Undersecretary for Educational Development and Activities at the Ministry of Education, delivers her speech. KUWAIT: The Burgan Bank team are seen in a photo with all the honored graduates and top-achievers. Honoring top achievers In a celebratory ceremony, the bank recognized exceptional students from the science and arts departments, as well as high-achieving children of Burgan Bank employees. This meaningful gesture reflects the bank's steadfast commitment, as a certified Great Place to Work, to fostering a culture of recognition, inclusion, and appreciation. It also highlights its appreciation for its people and reinforces its aspiration to be an employer of choice—one that celebrates the accomplishments of its extended family and values the contributions of employees in shaping a knowledgeable and empowered generation. Further underscoring its commitment to its sustainability pillars and its dedication to supporting all youth without exception, the bank honored the top-achieving students from the special education schools affiliated with the education ministry who have overcome personal and academic challenges to achieve excellence. Additionally, as part of Burgan Bank's vision and strategy to enhance employee competencies and invest in human capital, a select group of dedicated employees were honored at the ceremony for receiving their master's degree under the umbrella of the Kafa'a program and bachelor's degree as part of the Burgan Cares program, in recognition of their dedication to professional development. On this occasion, Abdullah congratulated the outstanding students on the impressive results they achieved during their academic year, expressing the bank's pride in this achievement, which stands as the fruit of years of hard work and perseverance to bring honor to Kuwait. Al-Enezi, expressed the Ministry of Education's pride in this fruitful cooperation with Burgan Bank, emphasizing that the partnership between the public and private sectors sets an example for serving the community and advancing the education sector. She said: 'We thank Burgan Bank for organizing this wonderful ceremony for our top-achieving students in Kuwait. The support of Kuwaiti banking institutions for outstanding students reflects a sense of national responsibility and fosters an environment for excellence and progress. It also serves as a strong incentive for other students to follow in their footsteps. We appreciate this role, which supports and complements our efforts to establish a stimulating and productive educational environment.' Meanwhile, Amin stated during his speech: 'This honoring ceremony comes as an extension of the bank's unwavering efforts to support education as a fundamental pillar for building prosperous societies,' noting that Burgan Bank, through its corporate social responsibility (CSR) and sustainability strategy, is committed to launching a wide range of initiatives that aim to enable youth in achieving their ambitions as well as contribute to preparing a distinguished generation capable of leading the future within various fields. He added: 'We also believe that empowering youth energies is a true investment in Kuwait's future. Through our effective partnerships with the government sector, we strive to support national development objectives and promote a culture of excellence and innovation among students.' Social responsibility and sustainability Amin emphasized that this initiative falls within the bank's social responsibility program and sustainability principles, empowering young national cadres, and supporting the education sector in line with the New Kuwait Vision 2035. He emphasized that top-achieving students are a national asset that must be invested in and provided with all necessary support and attention to prepare a cultured and promising generation for Kuwait's future. Throughout the year, the bank welcomes school and university students as part of its professional training programs presented by a select group of the bank's employees, designed to prepare young talents and help them understand the job market requirements they need to prepare for before graduating, enhancing their chances of employment as fresh graduates, which Amin described as a national and social duty and a true investment in the future generation. Training top-achievers As an extension of Burgan Bank's appreciation for the efforts of outstanding students and its commitment to empowering them with future skills, the bank announced during the ceremony that it will organize an educational workshop dedicated to the honorees in cooperation with Coded Academy. The workshop aims to focus on AI and coding, as well as motivating the younger generation to explore modern educational and technical opportunities that qualify them to enter various industries in the job market, including the banking industry. The workshop will also include an awareness session about 'Let's Be Aware' (Diraya) campaign to foster a sound banking culture and financial awareness among students, as part of the bank's commitment to supporting digital education, financial literacy, and developing future skills among Kuwaiti youth. In conclusion, everyone expressed their pride in the top-achieving students and wished them continued success in their academic and university journeys. Furthermore, Burgan Bank affirmed its ongoing commitment to adopting and supporting initiatives and partnerships that empower students and youth, while also emphasizing its steadfast investment in what contributes to the development of the education sector and the advancement of society in line with Kuwait Vision 2035.
Al Bawaba
02-06-2025
- Business
- Al Bawaba
Burgan Bank Participates in IDC Kuwait CIO Summit 2025
Burgan Bank recently participated in the IDC Kuwait CIO Summit 2025, held under the theme 'Architecting an AI-Fueled Business' at Courtyard by Marriott Kuwait City, where it joined more than 150 industry leaders from public and private sectors to engage in vital industry conversations on the latest market-shaping technologies. Mr. Barrak Al-Mattar, General Manager – Information Technology, contributing to the summit's agenda and priorities. The Bank's participation aligns with its forward-looking digital transformation strategy, comprehensive social responsibility program, and committed adherence to environmental, social, and governance (ESG) best practices.'It's an honor to represent Burgan Bank at an event as influential as the IDC Kuwait CIO Summit, which serves as a key enabler for driving forward momentum in our technologically fast-moving industry, while discussing the best localized courses of action that serve Kuwait's digital transformation, in line with the nationwide strategy and New Kuwait Vision 2035,' said Mr. Al-Mattar. He added that Burgan Bank's commitment to digitally transforming the banking experience it offers customers centers not only on convenience and speed but also on inclusivity and accessibility, noting that digital banking continues to be a primary pillar supporting the growth of entrepreneurship and SME growth in Kuwait. Other facets of the digital revolution in banking extend to vital considerations such as sustainability, which digitalization supports through reducing the carbon footprint, responsibly and consciously disposing of electronic waste, among other positive influences. In addition, Burgan Bank continues to utilize the latest technologies to fortify its cybersecurity systems, with the support of advanced AI capabilities, while operating within the responsible parameters of governance. This commitment is further reinforced through adherence to ISO standards and full compliance with the Central Bank of Kuwait's (CBK) regulations, underscoring the Bank's dedication to security, integrity and regulatory 2025 edition of the summit centered on the key themes including the widespread adoption of artificial intelligence (AI), digital business strategies, digital economy trends, data platforms for the intelligent enterprise, data-driven customer experience (CX) transformation, the future of work, digital trust and security, Industry 4.0, sustainability, software innovation and modern app development, and the future of digital infrastructure. It is worth noting that Mr. Al-Mattar was awarded the 'Legend CIO' award in the '20+ years' experience in the field' category, as part of the World CIO 200 Summit's recognition of the most influential IT leaders in their respective industries worldwide in 2024. The Bank's unwavering commitment to leading with innovation and deploying digital transformation as one of its strategic pillars of success continues to cement its philosophy to be 'Driven by You' and vision to be the most modern and progressive bank in Kuwait.
Kuwait Times
02-06-2025
- Business
- Kuwait Times
Burgan Bank participates in IDC Kuwait CIO Summit
KUWAIT: Burgan Bank recently participated in the IDC Kuwait CIO Summit 2025, held under the theme 'Architecting an AI-Fueled Business' at Courtyard by Marriott Kuwait City, where it joined more than 150 industry leaders from public and private sectors to engage in vital industry conversations on the latest market-shaping technologies. Barrak Al-Mattar, General Manager – Information Technology, contributing to the summit's agenda and priorities. The Bank's participation aligns with its forward-looking digital transformation strategy, comprehensive social responsibility program, and committed adherence to environmental, social, and governance (ESG) best practices. 'It's an honor to represent Burgan Bank at an event as influential as the IDC Kuwait CIO Summit, which serves as a key enabler for driving forward momentum in our technologically fast-moving industry, while discussing the best localized courses of action that serve Kuwait's digital transformation, in line with the nationwide strategy and New Kuwait Vision 2035,' said Al-Mattar. He added that Burgan Bank's commitment to digitally transforming the banking experience it offers customers centers not only on convenience and speed but also on inclusivity and accessibility, noting that digital banking continues to be a primary pillar supporting the growth of entrepreneurship and SME growth in Kuwait. Other facets of the digital revolution in banking extend to vital considerations such as sustainability, which digitalization supports through reducing the carbon footprint, responsibly and consciously disposing of electronic waste, among other positive influences. In addition, Burgan Bank continues to utilize the latest technologies to fortify its cybersecurity systems, with the support of advanced AI capabilities, while operating within the responsible parameters of governance. This commitment is further reinforced through adherence to ISO standards and full compliance with the Central Bank of Kuwait's (CBK) regulations, underscoring the Bank's dedication to security, integrity and regulatory alignment. The 2025 edition of the summit centered on the key themes including the widespread adoption of artificial intelligence (AI), digital business strategies, digital economy trends, data platforms for the intelligent enterprise, data-driven customer experience (CX) transformation, the future of work, digital trust and security, Industry 4.0, sustainability, software innovation and modern app development, and the future of digital infrastructure. It is worth noting that Al-Mattar was awarded the 'Legend CIO' award in the '20+ years' experience in the field' category, as part of the World CIO 200 Summit's recognition of the most influential IT leaders in their respective industries worldwide in 2024. The Bank's unwavering commitment to leading with innovation and deploying digital transformation as one of its strategic pillars of success continues to cement its philosophy to be 'Driven by You' and vision to be the most modern and progressive bank in Kuwait.
Zawya
01-06-2025
- Business
- Zawya
Burgan Bank participates in IDC Kuwait CIO Summit 2025
Kuwait: Burgan Bank recently participated in the IDC Kuwait CIO Summit 2025, held under the theme 'Architecting an AI-Fueled Business' at Courtyard by Marriott Kuwait City, where it joined more than 150 industry leaders from public and private sectors to engage in vital industry conversations on the latest market-shaping technologies. Mr. Barrak Al-Mattar, General Manager – Information Technology, contributing to the summit's agenda and priorities. The Bank's participation aligns with its forward-looking digital transformation strategy, comprehensive social responsibility program, and committed adherence to environmental, social, and governance (ESG) best practices. 'It's an honor to represent Burgan Bank at an event as influential as the IDC Kuwait CIO Summit, which serves as a key enabler for driving forward momentum in our technologically fast-moving industry, while discussing the best localized courses of action that serve Kuwait's digital transformation, in line with the nationwide strategy and New Kuwait Vision 2035,' said Mr. Al-Mattar. He added that Burgan Bank's commitment to digitally transforming the banking experience it offers customers centers not only on convenience and speed but also on inclusivity and accessibility, noting that digital banking continues to be a primary pillar supporting the growth of entrepreneurship and SME growth in Kuwait. Other facets of the digital revolution in banking extend to vital considerations such as sustainability, which digitalization supports through reducing the carbon footprint, responsibly and consciously disposing of electronic waste, among other positive influences. In addition, Burgan Bank continues to utilize the latest technologies to fortify its cybersecurity systems, with the support of advanced AI capabilities, while operating within the responsible parameters of governance. This commitment is further reinforced through adherence to ISO standards and full compliance with the Central Bank of Kuwait's (CBK) regulations, underscoring the Bank's dedication to security, integrity and regulatory alignment. The 2025 edition of the summit centered on the key themes including the widespread adoption of artificial intelligence (AI), digital business strategies, digital economy trends, data platforms for the intelligent enterprise, data-driven customer experience (CX) transformation, the future of work, digital trust and security, Industry 4.0, sustainability, software innovation and modern app development, and the future of digital infrastructure. It is worth noting that Mr. Al-Mattar was awarded the 'Legend CIO' award in the '20+ years' experience in the field' category, as part of the World CIO 200 Summit's recognition of the most influential IT leaders in their respective industries worldwide in 2024. The Bank's unwavering commitment to leading with innovation and deploying digital transformation as one of its strategic pillars of success continues to cement its philosophy to be 'Driven by You' and vision to be the most modern and progressive bank in Kuwait. About Burgan Bank Established in 1977, Burgan Bank is a Kuwait-based conventional bank with a significant focus on the corporate and financial institution sectors. From its earliest days, the Bank has significantly sought to diversify its offering to cater to its growing retail and private banking customer base. Burgan Bank has majority-owned subsidiaries, collectively known as the 'Burgan Bank Group', in the MENAT region. This Group is supported by one of the largest branch networks across the region and includes: Gulf Bank Algeria – AGB (Algeria), Tunis International Bank – TIB (Tunisia), and Burgan Bank Turkey. Furthermore, Burgan Bank has a presence in the UAE through its corporate office, Burgan Financial Services Limited. The Bank has continuously improved its performance over the years, through an expanded revenue structure, diversified funding sources, and a strong capital base. The adoption of state-of-the-art services and technology has positioned it as a trendsetter in the domestic market and within the MENA region. Moreover, Burgan Bank's brand has been built on a foundation of real values – trust, commitment, excellence, and progression – which serve as a reminder of the high standards to which the Bank always aspires. In fact, the Bank's core philosophy of 'Driven by You' is the foundation on which its products and services are continuously developed. Burgan Bank has achieved the LEED v4.1 O+M: EB Gold Certification for its Head Office in Kuwait City. The Bank has also obtained the ISO/IEC 27001: 2022 Information Security Management Systems certificate (ISMS), ISO /IEC 27701:2019 Privacy Information Management Systems (PIMS), ISO/IEC 20000-1: 2018 Information Technology Service Management System (ITSMS) and was re-certified with the prestigious ISO 9001:2015 Quality Management System (QMS), making it one of the few banks in the GCC and Kuwait to receive such certification for five consecutive times. At the same time, the Bank has the distinction of being the only Bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award for twenty consecutive years. Moreover, in a testament to its dedication to the development of its human capital, Burgan Bank is the first bank in Kuwait to be certified as a Great Place to Work®, earning the distinct honor in 2023. Burgan Bank is a majority-owned subsidiary of KIPCO (Kuwait Projects Company), one of the largest holding companies in the MENA region.
Al Bawaba
04-05-2025
- Business
- Al Bawaba
Strategic investment insights to be explored in The Report: Kuwait 2025
Oxford Business Group (OBG) has signed a Memorandum of Understanding (MoU) with the Union of Investment Companies (UIC), marking the start of a strategic collaboration to support the development of The Report: Kuwait 2025. Under the terms of the agreement, UIC will serve as the publication's principal financial partner, contributing to the production of a comprehensive analysis of Kuwait's investment landscape. The partnership reflects Kuwait's broader efforts to increase international awareness of the country's evolving financial and investment ecosystem. Through this initiative, UIC will play an active role in providing analytical insights and facilitating access to key stakeholders, contributing to the report's in-depth research process. UIC's support will enable Oxford Business Group to conduct interviews and gather research across strategic sectors, while members of UIC will benefit from year-long access to OBG's global intelligence platform, which provides data and analysis on over 35 markets worldwide. Abdullah Hamad Al-Terkait, Chairman of UIC, said the collaboration aligns with their commitment to advancing Kuwait's role as a leading investment destination. 'Our partnership with Oxford Business Group underscores UIC's strategy to strengthen the local investment environment and increase Kuwait's visibility among global investors. By collaborating with an internationally recognised research platform, we aim to provide high-quality, transparent information that supports both domestic and international decision-makers,' he said. Cristina-Gabriela Mirica, OBG's Country Director for Kuwait, highlighted the importance of engaging with key financial institutions to ensure robust coverage of Kuwait's economic priorities. 'UIC brings deep insight into Kuwait's financial and investment sectors. Their participation will help shape a forward-looking analysis of market dynamics, regulatory changes and investment opportunities as the country advances its economic diversification goals,' she said. The Report: Kuwait 2025 will examine developments across sectors including financial services, real estate, energy, and technology. The publication comes at a time when Kuwait is intensifying efforts to support sustainable growth and private sector participation under the framework of New Kuwait Vision 2035. The report will feature interviews with high-profile public and private sector leaders and provide a data-driven overview of the investment climate and business outlook. This collaboration supports OBG's broader mission to deliver in-depth analysis across emerging markets and contributes to UIC's strategy to enhance transparency, support national development goals, and position Kuwait as a regional hub for business and investment. About Oxford Business Group Oxford Business Group (OBG) is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia, and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world's fastest-growing markets, termed The Yellow Slice, in reference to OBG's corporate colour. Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv's (previously Thomson Reuters) Eikon subscribers, and more.
