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CODED launches 2nd edition of Academy X

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KUWAIT: CODED, the first coding academy in the Middle East, announces the launch of the second edition of the “Academy X” initiative for 2025. The initiative is in collaboration with Burgan Bank, Zain, Agility, Talabat, KNET, and Kuwait University, with exclusive advertising sponsorship from Add Effect and media sponsorship from Kuwait Times and Kuwait News. It aims to train 500 young Kuwaiti women, aged 14 to 18, at no cost, equipping them with essential skills in technology, entrepreneurship, and artificial intelligence.

Aligned with Kuwait’s Vision 2035, Academy X provides young women with the opportunity to contribute to Kuwait’s future in technology and entrepreneurship. CODED is committed to equipping Kuwaiti youth with vital digital skills, programming knowledge, and fostering critical and creative thinking—key elements in driving innovation and progress. As the world undergoes rapid technological transformation, the need for advanced technical and entrepreneurial skills has never been greater. Academy X arrives at the perfect moment to prepare the next generation of leaders for the challenges and opportunities of the future.

During the press conference launching the second year of the initiative, Hashim Behbehani, Co-founder and Chief Operating Officer at CODED, said: “We are excited to launch the second year of Academy X, marking its renewal and growth. After a successful first year, our goal this year is to expand participation from 300 to 500 students, further strengthening our commitment to empowering young Kuwaiti women in technology and entrepreneurship.” Behbahani said CODED continues to equip participants with the skills needed to build tech startups and lead in the digital future through its foundational training in artificial intelligence and app development, alongside hands-on experience in entrepreneurship.

Kuwait University’s Assistant Dean for Academic Affairs, Research, and Graduate Studies at the College of Life Sciences Dr Hanadi Abdalsalam said her institution is proud of its partnership with Academy X. “This year, the College of Life Sciences is hosting more than 500 female students within the program, in a step that reflects the university’s commitment to supporting meaningful educational initiatives,” she said. She emphasized that the program helps participants achieve their career aspirations by providing them with the tools and skills needed for digital innovation and tech entrepreneurship. “We are committed to supporting these efforts and believe that empowering girls in this field will create new opportunities for growth and innovation,” she said. “We look forward to further collaboration to strengthen women’s roles in technology and entrepreneurship.” Abdalsalam thanked the CODED team and everyone who contributed to the success of the academy.

Bashar Al-Qattan, Executive Manager – Learning & Talent Development at Burgan Bank, described the initiative as “outstanding”. “Academy X echoes our devoted strategy for investing in Kuwait’s aspiring talents through innovative learning and development programs,” he said. He expressed the bank’s delight to renew their partnership with CODED.

Zain is also sponsoring the academy for the second year in a row. In a statement at the conference, Sarah Al-Rabab, a data analyst with the telecommunications company, said the success of the first cohort has led Zain to expand its support to the second edition by offering an exclusive advanced course for the top-performing participants “This initiative is specifically designed to develop high-potential talent by providing deeper learning, mentorship, and practical experience, preparing them to make a greater impact in the future,” she said. She added that the sponsorship reflects Zain’s commitment to empowering the next generation of youth by equipping them with the skills, tools, and opportunities they need to excel in the tech world, while also contributing to their personal development and unlocking their potential to become future leaders.

Mariam Al-Foudary, Agility’s Group Chief Marketing Officer reflected on the beginnings of Academy X. “Since its inception as a pilot initiative under the ‘Kuwait Codes’ program in 2023, through its official launch last year, and now in its second edition following extraordinary success, Agility is proud to stand alongside Academy X as a steadfast supporter,” she said.

Describing the program as “transformative”, she and praised Academy X for fostering an environment for growth and innovation, empowering the next generation of women innovators in Kuwait. “We extend our heartfelt appreciation to our partners at CODED Academy for their exceptional dedication in bringing such impactful initiatives to life—initiatives that Agility has championed from the very beginning,” she said. “We firmly believe that empowering women in the tech sector is a cornerstone of our vision for a more innovative, inclusive, and prosperous future. Together, we are paving the way for a brighter tomorrow.”

Vice President and Managing Director of Talabat Kuwait Bader Al-Ghanim stressed the company’s firm belief that investing in youth is an investment in Kuwait’s future. “As a leading tech company, we are inspired by supporting initiatives like this that empower the next generation and help shape a bright future for technology and entrepreneurship,” he said. Talabat’s partnership with Academy X for the second consecutive year is a true reflection of the company’s commitment to building a generation equipped with innovation and leadership in the tech space, said Al-Ghanim. “We are proud of every graduate of this program and excited to see even more graduates in the future as this ambitious initiative continues to grow year after year,” he said.

KNET’s Acting Head of the Business Development Group Khaled Bouabbas hailed the sponsorship, adding that it reaffirms KNET’s pioneering role and their belief in empowering women in the field of information technology. “This sponsorship strengthens the role of women in the field, presenting them as positive role models,” he said. He highlighted the skills KNET shares with students through the program. “At KNET, we are pleased to share with the students what we do to ensure the security and confidentiality of the thousands of banking transactions processed through our network every minute. We also showcase how KNET has adopted AI-powered cybersecurity solutions, enabling us to fortify our defenses and remain at the forefront of cybersecurity in an increasingly connected digital world,” he said.

The initiative’s exclusive media and advertising sponsors were also present at the event. Amr Al-Massry, Department Director at Add Effect said their partnership with CODED reflects their ongoing commitment to supporting creativity, innovation, and empowering young women in Kuwait to step into the world of entrepreneurship. “We believe that empowering young women and enhancing their skills is a true investment in a brighter, more advanced future. We are excited to witness the positive impact of this program in shaping a new generation of leaders and innovators in business and technology,” he said.

Hawrah Al-Yakoob, Head of Marketing and Advertising at Kuwait Times highlighted Kuwait Times’s dedication to curating partnerships with brands and businesses that share the media organization’s values and vision. “We believe in investing in the future, and Academy X is a perfect representation of that investment. It is initiatives like these that demonstrate our shared commitment to shaping a brighter future for Kuwait and the region,” she said. CODED encourages all young women in Kuwait to benefit from this unique learning opportunity and register for Academy X completely for free on joincoded.com.

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Kuwait issues $11.25bn bonds | Kuwait Times Newspaper

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KUWAIT: Kuwait announced the issuance of sovereign bonds worth $11.25 billion, divided into three tranches, marking its first successful return to global debt markets since 2017. The issuance attracted overwhelming investor demand and was priced at “one of the tightest spreads ever for a sovereign issuer in emerging markets”.

Kuwait passed a new public debt law in March, after the previous one expired years ago. That raised the borrowing ceiling to KD 30 billion ($98.24bn) from KD 10 billion previously and allowed for the possibility of longer borrowing terms.

In a press statement on Wednesday, the ministry of finance said the issuance comprised a $3.25 billion tranche with a three-year maturity at (+40) basis points over US Treasuries, a $3 billion tranche with a five-year maturity at (+40) basis points, and a $5 billion tranche with a 10-year maturity at (+50) basis points. The ministry noted that “these spreads are significantly lower than Kuwait’s inaugural sovereign issuance in 2017”.

The ministry added that the offering was oversubscribed by 2.5 times, with the order book reaching $28 billion. More than 66 percent of allocations went to investors outside the Middle East and

North Africa region, including 26 percent from the United States, 30 percent from Europe and the United Kingdom and 10 percent from Asia.

Acting Minister of Finance, Minister of Electricity, Water and Renewable Energy, and Minister of State for Economic Affairs and Investment Dr Subaih Al-Mukhaizeem said the historic issuance reflects global market confidence in Kuwait’s financial strength, prudent policies and solid reserves. He added that the strong demand and competitive pricing reaffirm Kuwait’s position as a distinguished sovereign issuer, stressing that the issuance not only meets financing needs but also strengthens Kuwait’s presence in global markets and supports its partnerships with international investors in line with the New Kuwait 2035 vision.

Kuwait’s issuance is considered one of the largest sovereign bond offerings globally in 2025, generating one of the biggest order books this year — underscoring investor confidence in the fundamentals of Kuwait’s economy and its long-term reform program. The issuance was jointly led by Citi, Goldman Sachs International, HSBC, JPMorgan and Mizuho as global coordinators, with the participation of Bank of China and Industrial and Commercial Bank of China as passive joint bookrunners. — Agencies

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Revamped Shuwaikh Beach reopens | Kuwait Times Newspaper

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KUWAIT: Minister of State for Municipal Affairs and Minister of State for Housing Affairs Abdullatif Al-Meshari praised the efforts behind the redevelopment of Shuwaikh Beach, extending special thanks to the National Bank of Kuwait (NBK) for its generous contribution that made the project possible.

Speaking at the inauguration ceremony on Wednesday, Al-Meshari said the reopening of Shuwaikh Beach in its new form marks the start of wider efforts to upgrade Kuwait’s coastal areas. “This is a genuine step toward humanizing vital and touristic sites and transforming them into safe and enjoyable spaces for citizens and residents alike,” he noted.

The minister revealed that similar waterfront initiatives are underway, with new projects planned in Sulaibikhat and Jahra to be announced soon. He also confirmed that the Municipality is restructuring its projects sector to adopt new mechanisms for launching major developments, adding that more announcements will follow in the near future.

On housing, Al-Meshari said contracts for the South Sabah Al-Ahmad and South Saad Al-Abdullah housing projects have been awarded. Construction progress at South Saad has already exceeded 15 percent, with land delivery expected by 2028.

Capital Governor Sheikh Abdullah Salem Al-Ali Al-Sabah stressed the Shuwaikh Beach project reflects Kuwait’s ongoing commitment to enhancing its waterfronts and transforming them into modern, integrated public spaces. He said the new beach was designed as a model recreational environment, featuring modern facilities, green areas and dedicated zones for sports, leisure and social activities.

“This project is the beginning of a series of developmental initiatives that embody the leadership’s vision for a brighter future,” he said, urging citizens and institutions to preserve the beach’s cleanliness and sustainability so it remains a landmark for generations to come.

Deputy Director General for Projects Sector Affairs at Kuwait Municipality Maysa Boushehri described Shuwaikh Beach as a milestone achievement. “This project demonstrates the importance of public-private partnerships, with NBK’s generous support and the cooperation of various government ministries,” she said.

Boushehri emphasized sustainability as a central design principle, citing recycled materials used for the jogging track, accessible play equipment for people with disabilities, and wheelchair-friendly pathways for the elderly and special-needs visitors. She added that the project also addressed previous environmental challenges and upgraded infrastructure to create a cleaner, healthier and more sustainable public space. “We hope Shuwaikh Beach becomes a landmark destination that combines modernity, sustainability, and community spirit,” Boushehri concluded.

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Kuwait, UK leaders discuss strengthening bilateral ties

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Crown Prince, Starmer exchange calls • Coast Guard discusses security with UK official

KUWAIT: Kuwait and the United Kingdom have reaffirmed their strong bilateral relations in a series of high-level discussions this week, covering diplomacy, regional security, and maritime cooperation. His Highness the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah received a telephone call on Wednesday from UK Prime Minister Keir Starmer to review the “distinguished and close” relations between the two countries and explore ways to further enhance them.

Prime Minister Starmer wished His Highness continued health and wellbeing, and expressed hopes for Kuwait’s ongoing progress and prosperity under the wise leadership of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah. In response, the Crown Prince thanked the Prime Minister, describing the communication as a reflection of the “deep and solid” ties between the two friendly nations. He emphasized the shared commitment to further strengthen historical relations and expand cooperation across all fields, wishing continued prosperity to the UK and its people.

According to a statement from the UK foreign affairs department, the Prime Minister said the UK would work with close allies including Kuwait to implement President Trump’s peace plan for Gaza. The Prime Minister added that he felt a strong sense of responsibility that this plan delivered an end to the fighting in Gaza and a long-term pathway to peace.

His Highness the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah chairs a meeting of the the Supreme Defense Council.

His Highness the Prime Minister Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah chairs a meeting of the the Supreme Defense Council.

In parallel developments, His Highness Sheikh Ahmad Al-Abdullah Al-Ahmad Al-Sabah, Prime Minister and Chairman of the Supreme Defense Council, presided over a meeting of the council at Bayan Palace to review key regional developments and recent international affairs.

On the security front, Kuwait’s Coast Guard Director-General, Commodore Mubarak Ali Al-Sabah met with the UK’s Vice Admiral Edward Ahlgren to discuss shared security interests and ways to enhance cooperation. The meeting took place at Sabah Al-Ahmad Coast Guard Base and included senior Coast Guard officials.

During the visit, Commodore Mubarak Al-Sabah highlighted the “historical depth” of Kuwait-UK relations and the ongoing development of military and security cooperation. Admiral Ahlgren was briefed on recent updates at the Coast Guard, including the new coastal monitoring system and the integration of naval drones into Kuwait’s maritime fleet. The visit underlined both countries’ shared commitment to strategic cooperation in security and maritime domains, aiming to strengthen regional stability and safeguard mutual interests. — Agencies

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