Connect with us

Latest News

Burgan Bank honors 7 leaders for finishing Harvard program

Published

on

KUWAIT: Burgan Bank recently celebrated seven of its most promising talents for graduating from the “Strategic Leadership in the Age of Financial Sustainability” program, administered by Harvard Business School (HBS). The prestigious program falls under the umbrella of the Central Bank of Kuwait’s (CBK’s) Kafa’a initiative, launched in collaboration with Kuwaiti banks and the Kuwait Institute of Banking Studies (KIBS) to develop highly qualified national cadres in finance and banking.

The graduation ceremony was attended by senior Burgan managers alongside representatives from CBK and other participating banks. The bank’s nomination of and support for its graduating calibers comes as part of its dedicated human capital development strategy and commitment to advancing national talents in line with the national Kuwaitization program.

“On behalf of Burgan’s management, I would like to congratulate our seven visionary leaders for completing such an important program that equips banking professionals with the strategic leadership skills essential for driving financial sustainability, growth, and innovation in the financial sector. We are confident that our graduates will contribute to a highly skilled national workforce and play a pivotal role in shaping the future of banking in Kuwait,” said Bashar Al-Qattan, Executive Manager – Learning and Talent Development at Burgan Bank.

“As part of our overarching efforts to foster a culture of growth and continuous advancement, we are committed to offering our most driven talents valuable learning opportunities that propel them forward and equip them with the latest knowledge and tools needed for achieving success that benefits our institution and larger community.”

Bashar Al-Qattan

Bashar Al-Qattan

He added that Burgan’s ongoing partnership with Harvard Business School, under the Kafa’a initiative, reflects the institution’s unwavering commitment to empowering national talents with world-class knowledge and expertise, contributing to the success of the New Kuwait Vision 2035 goal of advancing national calibers to leadership and decision-making positions.

It is worth noting that the program graduates were nominated as part of their enrollment in the “Visionary Leaders” stream of Burgan’s flagship talent development program, Ro’ya, designed to prepare leaders across the employment hierarchy for driving sustainable growth, inspiring positive change, and instilling Burgan’s values across operations and daily interactions.

In its latest effort to develop the flagship program, Burgan introduced the six-month Mentorship Module for Visionary Leaders to prepare emerging senior leaders on the personal and professional fronts with the guidance of Burgan’s senior executives. Besides Visionary Leaders, Ro’ya also includes the Future Leaders, Rising Leaders, and Transformational Leaders streams for high-potential calibers at earlier stages of their professional careers, with each stream catering to the specific needs, aspirations, and recurring challenges of its enrolled cohort.

Owing to its robust talent development strategy and year-long human capital investment efforts, Burgan Bank was certified as a Great Place to Work, as well as awarded the Brandon Hall Group Human Capital Management (HCM) Gold Award of Excellence in the “Learning and Development” category for the “Best Use of Social/Collaborative Learning” – among other recognitions that reflect the bank’s successful mission to become an employer of choice.

Latest News

Kuwait upgraded to Tier 2 in US trafficking report

Published

on

By

By B Izzak & KUNA

KUWAIT: Kuwait has been upgraded in the US State Department’s 2025 Trafficking in Persons (TIP) Report from the Tier 2 Watch List to Tier 2, reflecting what officials described as the country’s tangible progress and collective efforts to combat human trafficking. Minister of Justice Nasser Al-Sumait, who also chairs the permanent national committee for combating trafficking in persons and smuggling of migrants, said the move highlights Kuwait’s “remarkable improvement” in performance and compliance with international standards.

He noted that recent legislative reforms included the issuance of a residence law in late 2024, which tightened penalties for trading in residence permits and criminalized employers’ withholding of workers’ financial entitlements. Kuwait also launched institutional reforms, such as developing a victim protection system and adopting a national anti-trafficking plan running through 2028.

The public prosecution said in a statement the upgrade came as a result of efforts made at the legislative and executive levels and following a number of practical steps. It said that it has reorganized the Capital prosecution to become specialized exclusively in dealing with trafficking in persons and migrant smuggling cases, besides unifying investigation procedures in such cases.

The public prosecution is a member of the permanent national committee to combat trafficking in persons and migrant smuggling, which coordinates efforts of various bodies related to combating such crimes.

Acting Director General of the Public Authority of Manpower Rabab Al-Osaimi described the Tier 2 designation as the result of “solemn efforts” across legislative and executive bodies, particularly in safeguarding labor rights. She emphasized the authority’s role in streamlining procedures, training staff and enhancing cooperation with local and international partners to counter cross-border crimes. She added that the authority improved the system of adding more protection to the rights of workers and dealing thoroughly with complaints.

But the US report said that despite the upgrade, some challenges remain, including a lack of progress in convicting traffickers and a continued need to address issues in the kafala (sponsorship) system. The US report said the upgrade “reflects a significant improvement in its anti-trafficking efforts”, adding that the government identified more victims at government-run shelters and improved training for law enforcement. The government also launched anti-trafficking awareness campaigns targeting foreign workers, the report said.

Officials stressed that while the upgrade marks an important milestone, it also places responsibility on Kuwait to sustain reforms, strengthen victim protections and address international observations moving forward.

Continue Reading

Latest News

KPC highlights sector strengths; Q8 wins awards at IDCE 2025

Published

on

By

MANAMA: Kuwait Petroleum Corporation (KPC) and its subsidiaries are showcasing the country’s oil sector achievements and global reach at the International Downstream Conference and Exhibition 2025 (IDCE 2025) in Bahrain. The three-day event, running through October 2, draws over 9,500 industry leaders from 53 countries.

The KPC pavilion highlights the accomplishments of its subsidiaries — Kuwait Oil International (Q8), Kuwait National Petroleum Company (KNPC), and Kuwait Integrated Petroleum Industries Company (KIPIC) — in refining, marketing and integrating oil with petrochemicals. Interactive displays and advanced screens showcase how Kuwait’s energy sector is driving economic growth and strengthening its role on the global energy stage.

Q8 CEO Shafi Al-Ajmi described IDCE 2025 as “an important milestone in the journey of the refining industry.” Speaking to KUNA, he said the conference offered Kuwait an opportunity to enhance its presence regionally and internationally, forge strategic partnerships, and meet the evolving demands of global energy markets while supporting sustainable economic development.

Officials honor Kuwait Oil International (Q8), which won first place in the sustainability projects category, in addition to another award recognizing its excellence in project execution.

Officials honor Kuwait Oil International (Q8), which won first place in the sustainability projects category, in addition to another award recognizing its excellence in project execution.

Al-Ajmi noted that the conference attracted more than 50 countries, around 70 global companies, and over 200 speakers, reflecting its evolution from a regional to a global platform. “This large and diverse participation highlights the success of the conference in bringing together top experts from around the world,” he said.

The Q8 delegation, led by Al-Ajmi, presented the company’s future projects and best practices aligned with KPC’s 2040 vision. The company also won two of seven awards at the official conference dinner, including first place in the sustainability projects category for an initiative focused on environmental cleanup and promoting positive social behavior. Another award recognized Q8’s project execution, marking the successful completion of a reliability test within eight months of start-up, demonstrating operational efficiency and adherence to global standards.

IDCE 2025, hosted by Aramco and led by the Gulf Downstream Association, features more than 290 expert speakers across 130 sessions covering innovation, decarbonization and the downstream value chain. IDCE 2025 represents the collective support of Saudi Arabia, Bahrain, Kuwait, Oman and the UAE, and provides a premier platform to advance industry development and enable participation in over $100 billion of investment opportunities in refining, petrochemicals, and sustainability. — Agencies

Continue Reading

Latest News

Kuwaiti Ambassador presents credentials to Saudi Crown Prince

Published

on

By

RIYADH: Kuwait’s Ambassador to Saudi Arabia Sheikh Sabah Nasser Sabah Al-Ahmad Al-Sabah, presented his credentials to Saudi Crown Prince Mohammed bin Salman on Tuesday, who received him on behalf of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz.

The ceremony took place at the Royal Court in Riyadh’s Al-Yamamah Palace, where the Crown Prince received a number of ambassadors from brotherly and friendly countries, according to the Saudi Press Agency (SPA). During the reception, Crown Prince Mohammed welcomed the ambassadors, conveying the greetings of King Salman bin Abdulaziz and his own regards to the leaders of their respective countries.

No Image

He expressed his best wishes for their efforts to strengthen and develop bilateral relations with Saudi Arabia. The ambassadors, in turn, extended the greetings of their heads of state to the King and the Crown Prince, expressing gratitude for the warm and generous reception they received. — KUNA

Continue Reading

Trending

Copyright © 2025 SKUWAIT.COM .