Author: Dr Mohamed

Kuwait Fund joins UN in celebrating UN Day

Under the auspices and attendance of Minister of Foreign Affairs, Chairman, Board of Director of Kuwait Fund for Arab Economic Development His Excellency Sheikh Salem Abdullah Al-Jaber Al-Sabah, Kuwait Fund took part in UN Day celebration, organized by UN House in Kuwait on October 30th 2023. The event also celebrates the 60th anniversary of the […]

Kuwait slamsZionist crimes,displacement

Kuwait has underlined that the Zionist occupation’s war crimes against Palestinians under the pretext of “self-defense” show disregard for the relevant UN resolutions and the international law. The international community must immediately intervene and hold the Zionist occupation accountable for its blatant war crimes and continued violations of international law, said Diplomatic Attache Reem Al-Sharhan, […]

ABK Group reports KD 32.6 million net profit for first 9 months of 2023

Al-Ahli Bank of Kuwait (ABK) is pleased to announce strong financial results for the nine-month period ended Sept 30, 2023. The Bank has demonstrated exceptional performance, reflecting its resilience and commitment to customers and stakeholders. Net profit reached KD 32.6 million, a 19 percent increase compared to the previous year, demonstrating ABK’s ability to navigate […]

Gulf Bank beginscapital increase subscription process

Gulf Bank is commencing the subscription process today, October 29, 2023, for the increased issued and paid-up capital of KD 26.1 million. Subscriptions will be open for a two-week period, concluding on Sunday, November 12, 2023. Gulf Bank has received approval from the Central Bank of Kuwait and the Capital Markets Authority, to enhance its […]

Zain and KFAS sign MoU to promoteinnovation, empower local startups

 In a new step that reflects their unwavering efforts to support and grow the innovation and entrepreneurship ecosystems in the community, Zain and the Kuwait Foundation for the Advancement of Sciences (KFAS) have announced signing a memorandum of understanding. The two organizations are joining forces to accelerate capacity building, upskill national talents in the private […]

Jaber Hospital’s Gynecologic Oncology Unit sets a record

Setting a milestone in the healthcare sector, the national cadres at the Gynecologic Oncology Unit at Jaber Hospital recorded the successful conduct of more than 100 surgeries within a period of six months. Led by a surgical team of distinguished national cadres consisting of Dr Wafaa Al-Duwaisan and Dr Noura Al-Ibrahim, and under the supervision […]

Kuwait, Turkey ink MoU to bolster cooperation in healthcare sector

Minister of Health Dr Ahmad Al-Awadhi and his accompanying delegation, which includes the assistant undersecretary for foreign health services affairs and the assistant undersecretary for medicines and medical equipment, participated in the Ninth Turkish Medical Conference in Istanbul at the invitation of the Turkish minister of health. The three-day conference, attended by over 14 health […]

Burgan Bank reports KD 195 millionin revenue for first 9 months of 2023

Burgan Bank (“Burgan” or “the Bank”) announced its financial results for the nine-month period ending Sept 30, 2023 (9M’23). The Bank reported KD 195 million in revenue for 9M’23, marking a 17 percent year-on-year (y-o-y) growth compared to KD 166 million during the same period in 2022. Higher revenues were driven by strong increase in […]

KIPCO sponsors 10th Youth Empowerment Symposium

KIPCO – Kuwait Projects Company (Holding) – was the Strategic Sponsor of the 10th Youth Empowerment Symposium (Tmkeen). KIPCO has been one of the symposium’s main sponsors and supporters since 2015, and the partnership extends to the KIPCO Tmkeen Award for Young Entrepreneurs which has supported many startups in their transformation into sustainable businesses. Speaking […]