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Burgan Bank, as Strategic Sponsor, participates in CODED’s 2025 Academy X graduation ceremony

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KUWAIT: Under the umbrella of its strategic partnership with CODED, the dedicated coding academy, Burgan Bank concluded its sponsorship of the second edition of Academy X, one of the largest women empowerment initiatives in Kuwait’s technology sector. The Bank’s participation in the closing ceremony, held at Kuwait University and attended by more than 500 graduates from the three cohorts of the 2025 edition, underscored its ongoing commitment to supporting initiatives that empower women and nurture national talent in the fields of entrepreneurship and technology.

The event was attended by members from Burgan Bank management, representatives from CODED and the families of the graduates, celebrating the participants’ remarkable achievements and growth throughout the program. Burgan Bank’s sponsorship of Academy X, now in its second year, reflects its ongoing commitment to investing in Kuwait’s national talent and supporting the goals of Kuwait Vision 2035. It also underscores the Bank’s proactive role as a driving force contributing to the digital transformation across the country’s key sectors.

“We are immensely proud of all Academy X participants and applaud their achievements and commitment to realizing their ambitions and aspirations,” said Naqeeb Amin, General Manager – Human Resources and Development for the Group at Burgan Bank. “As part of our robust human capital development strategy, we continue to stand by all national talents – particularly young women – who believe in their ability to build a better future for themselves and their communities by learning and expanding their knowledge at every possible opportunity.”

He added: “In alignment with the goals of Kuwait Vision 2035, it is essential that public and the private sectors work together to equip youth with the skills and knowledge required for a modern, innovation-driven economy. And we at Burgan Bank are committed to preparing future leaders who can drive Kuwait’s progress in technology and innovation – both within the banking sector and beyond.”

On her part, Danah Faisal Al-Jasem, General Manager – Corporate Communications at Burgan Bank, said: “Our commitment to sustainability and strong environmental, social, and governance (ESG) principles lies at the heart of our long-term vision for growth and impact. Through initiatives like Academy X, we reaffirm our dedication to empowering women and investing in the next generation of Kuwaiti talent who will lead the transformation toward a more innovative and inclusive economy.”

Adding: “Today, we celebrate more than 500 young women who believed in themselves, embraced the challenge to expand their knowledge and skills, and showed the dedication and drive that define future leaders. We are confident that their spirit of curiosity and problem-solving will continue to guide them toward even greater achievements in their personal and professional lives.” Following the sponsors’ speeches and a showcase of the program’s best 100 projects, Burgan Bank presented the “Best Sustainable Project” award to the team whose capstone project demonstrated the most innovative use of technology in creating positive impact for both the community and environment.

Designed for participants ages 14-18, Academy X presented to more than 500 young women with the opportunity to build and enhance their digital and soft skills, including the latest artificial intelligence (AI) tools, app and web development, successful user interface and user experience design (UI/UX), the foundations of entrepreneurship, as well as leadership and soft skills. Each round of the intensive program spanned six days and culminated in a capstone project that tested students’ knowledge and abilities to utilize technology in creative problem solving.

Following the outstanding success of the first two editions of Academy X, Burgan Bank continues to highlight the importance of empowering youth and fostering innovation in the fields of entrepreneurship and technology. This initiative reflects the Bank’s ongoing support for national talent development programs and its dedication to advancing digital transformation which is a key driver of Kuwait’s progress and sustainable growth.

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Today in Kuwait’s history | Kuwait Times Newspaper

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KUWAIT: 1956 — Moudhi Al-Sarhan became the first Kuwaiti female to join the Ministry of Interior’s correctional institute.

1981 — Kuwait’s Amir Sheikh Jaber Al-Ahmad Al-Sabah signed a decree to establish the Faculty of Sharia and Islamic Studies at Kuwait University, as well as changing the name of the Faculty of Law and Sharia to the Faculty of Law.

1990 — Kuwait’s Amir Sheikh Jaber Al-Ahmad Al-Sabah patronized a popular conference in the Saudi city of Jeddah. Participants in the three-day national event reiterated their commitment to the legitimate Kuwaiti leadership in the face of Iraqi aggression against the State of Kuwait.

1990 — Kuwait News Agency (KUNA), which was occupied and looted by Iraqi invaders of the State of Kuwait, began broadcasting from an interim headquarters in London, UK, to provide subscribers with news about occupied Kuwait.

1999 — Kuwait won the Gulf Junior Squash Championship, held in Riyadh, Saudi Arabia.

2010 — Kuwait Fund for Arab Economic Development (KFAED) signed a KD 11 million loan agreement with Mauritania to finance construction of a Nouakchott University campus.

2017 — The KFAED signed a KD 12 million loan agreement with Senegal to reconstruct a major highway.

2018 — Sheikh Abdullah Al-Salem Cultural Center won the Best Services Architecture Building award in the Middle East and North Africa. — KUNA

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Nod to conditional foreign ownership of property in Kuwait

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KUWAIT: An Amiri decree published in the official gazette Kuwait Al-Youm on Sunday has allowed listed companies in which non-Kuwaitis have shares to own property in the country, excluding private residences. Under a Kuwaiti law issued in 1979, such companies were barred from owning property in the country and only Arab individuals can own a house or land through an Amiri decree.

Foreigners who inherit property from their Kuwaiti mothers must sell it within one year, according to the old legislation. Foreign embassies can own a maximum of 4,000 square meters to build their own premises based on mutual treatment. Most Gulf countries currently allow foreigners to own houses directly and some states even offer long-term residence permits to big buyers.

The new decree, however, made an amendment to the 1979 law, allowing listed shareholding companies, real estate funds and investment portfolios with non-Kuwaiti ownership to buy real estate. Such companies must be listed on bourses in Kuwait and one of their purposes is trading in property, the new decree states. Such companies are, however, not allowed to purchase land used for private housing. Nationals of the Gulf Cooperation Council (GCC) member states are treated like Kuwaitis in owning property in Kuwait, the decree states.

Meanwhile, Kuwait Anti-Corruption Authority (Nazaha) announced on Sunday that it has referred a senior government bureaucrat and an unspecified number of other persons to the public prosecution on suspicion of graft and filing incorrect financial statements about their wealth. Nazaha has recently referred dozens of leading government bureaucrats to the public prosecution over suspected violations regarding mandatory financial statements about their private wealth.

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Graduation ceremony marks the completion of ‘Tamooh’ program

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KUWAIT: Under the patronage and attendance of His Highness the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah, a graduation ceremony was held on Monday for the 10th and 11th batches of the “Tamooh” (Ambition) program for the Ministry of Foreign Affairs’ new recruits for the academic year 2024-2025 at the Saud Al-Nasser Al-Sabah Diplomatic Institute.

The ceremony was attended by Head of the Prime Minister’s Diwan Abdulaziz Dakhil Al-Dakhil, Minister of Foreign Affairs and Chairman of the Board of Directors of the Diplomatic Institute Abdullah Ali Al-Yahya, Director General of the Kuwait Direct Investment Promotion Authority Sheikh Dr Meshal Jaber Al-Ahmad Al-Sabah, along with senior officials and dignitaries. In a press statement, His Highness the Prime Minister congratulated the graduates on their achievement, noting that it reflects their competence and readiness to serve Kuwait in the diplomatic arena.

He expressed confidence in their ability to follow in the footsteps of their predecessors, representing the country’s values and principles with dedication.  His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah was also praised for supporting the Ministry of Foreign Affairs and its cadres in their continued mission to strengthen Kuwait’s relations abroad, serving the nation’s supreme interests and consolidating its position regionally and internationally.

Assistant Foreign Minister for the Saud Al-Nasser Al-Sabah Diplomatic Institute, Ambassador Nasser Subaih Al-Subaih, delivered a speech emphasizing the state’s commitment to preparing a new generation of diplomats equipped with knowledge, competence, initiative, and responsibility.

He prayed for the graduates’ success in serving the country under the leadership of His Highness the Amir and  His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah. Diplomatic Attaché Mohammed Nabil Al-Shraideh spoke on behalf of the graduates, stating that their graduation marks the beginning of their mission to serve Kuwait and pledging their full dedication and capabilities to advancing the nation’s interests. The ceremony concluded with His Highness the Prime Minister honoring the 10th and 11th batches of the “Tamooh” program at the Saud Al-Nasser Al-Sabah Diplomatic Institute. — KUNA

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