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NBK empowers youth through sponsorship of ‘Kon’ program

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KUWAIT: As part of its strong commitment to supporting and empowering the youth, the National Bank of Kuwait continues its support and sponsorship of the “Kon” Social Entrepreneurship Program under its ongoing strategic partnership with LOYAC non-profit organization. Organized by LOYAC in collaboration with the prestigious Babson College, the program kickstarted its tenth edition this year with a festive opening ceremony at the American University of Kuwait, which witnessed a remarkable turnout of program alumni, mentors, and new participants in this year’s edition, in addition to representatives from both NBK and LOYAC.

Kon is a five-week extensive program that encompasses educational activities, specialized training sessions, interactive discussions, online lectures, and virtual workshops all tailored to enhance and develop pioneering social programs in Kuwait. This year, 45 male and female students participated in the program between the ages of 12 and 16, and the opening day provided a unique opportunity for networking and exchanging experiences between different generations of social entrepreneurs.

The aim of this program is to instill in the student skills of leadership and innovation by developing projects that serve society and contribute to its prosperity. Moreover, participants get the opportunity to learn from distinguished leaders at NBK as well as experts from different participating companies and institutions, who provide their knowledge and counselling for the program’s competing projects.

As part of the program’s activities, Mohammed Al-Sarraf, Event Manager at NBK gave the students an orientation session which introduced them to concepts of social responsibility and highlighted NBK’s diverse initiatives and programs across different sectors, including healthcare, education, environment, and youth support.

Yaqoub Al-Baqer, Assistant Vice President of Public Relations and Event Management commented: “We are pleased with our collaboration with LOYAC that embodies our joint vision and belief in the significance of investing in Kuwait’s youth who, as we strongly believe, can make sustainable and positive change in society”.

Al-Baqer added: “This program is remarkably aligned with NBK’s vision that aims to support the youth and expand their knowledge, further enabling them to develop projects that serve their society and provide innovative solutions for environmental, medical, and educational challenges”.

Al-Baqer emphasized NBK’s strong commitment and dedication towards enabling Kuwait’s youth to become influential future leaders, as the bank diligently provides them with the necessary support and confidence to turn their ideas into purposeful projects. NBK is also very keen on constantly providing specialized training programs that invest in youth competencies and give them the opportunity to build promising futures.

The program successfully concluded its activities on August 7, after which students benefited from extensive training sessions presented by experienced social entrepreneurship experts, as well as specialized discussions and virtual workshops. At the end of the program, the students competed in a final evaluation of their projects by which the judging committee chose the best three projects as per innovation, excellence, and quality standards. Under its commitment to social responsibility, NBK is always keen on supporting all society segments as well as volunteering non-profit organizations that promote youth education in preparation for a better future.

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KPC highlights sector strengths; Q8 wins awards at IDCE 2025

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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

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Kuwaiti Ambassador presents credentials to Saudi Crown Prince

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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.

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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

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Deputy PM stresses cooperation amid Gaza crisis at summit

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AL-ULA, Saudi Arabia: Kuwait’s representative to the Munich Leaders Meeting, First Deputy Prime Minister Sheikh Fahad Al-Yousef Saud Al-Sabah, underlined the country’s commitment to regional dialogue and international cooperation during the high-level gathering in Al-Ula, Saudi Arabia.

The three-day meeting, held at the Maraya Theater and running through Thursday, brought together senior decision-makers and global experts to discuss pressing issues including international trade, regional crises, energy transition, maritime security and nuclear safety. The conference comes days after US President Donald Trump unveiled a 20-point peace proposal for Gaza, aimed at ending the Zionist entity’s war on the Palestinian territory — a plan that enjoys wide international backing, including from Kuwait.

Speaking to the Kuwait News Agency (KUNA) on the sidelines of the conference, Sheikh Fahad said Kuwait’s participation “confirms our keenness to support regional dialogue and strengthen international cooperation.” He highlighted discussions on urgent humanitarian issues in Gaza and the occupied Palestinian territories, noting that “participants agreed that sustainable regional security cannot be achieved amid ongoing (Zionist entity) aggression.” He also warned of the consequences of escalating military conflicts, describing the attacks on Qatar and Gaza as “a blatant violation of international law and a direct threat to collective Gulf and regional security.”

Sheikh Fahad added that sessions addressed maritime security, energy safety, the elimination of weapons of mass destruction, as well as food and water security, economic challenges and shared security threats. He reaffirmed Kuwait’s commitment, as the current chair of the Gulf Cooperation Council, to collective security, unifying Gulf positions, and enhancing regional and international partnerships.

Secretary-General of the Gulf Cooperation Council Jasem Al-Budaiwi praised Saudi Arabia for hosting the meeting, describing it as “an indication of the Kingdom’s pivotal role in promoting international security and supporting multilateral dialogue to address regional and global challenges.” He also thanked Saudi leadership and Foreign Minister Prince Faisal bin Farhan for their “distinguished preparation and organization” of the event, which drew senior officials from across the globe.

The meeting aimed to provide a platform for exchanging perspectives on current regional and international security challenges, emphasizing the importance of dialogue and peaceful solutions in achieving just peace and sustainable development. Sheikh Fahad and the accompanying Kuwaiti delegation, including Ambassador Najeeb Al-Bader, Assistant Foreign Minister for GCC Affairs, departed Al-Ula on Wednesday after concluding their participation in the conference. — Agencies

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