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 envoy urges using digital tools for peace, recovery

Published

on

By

RIYADH: Kuwait’s Ambassador to Saudi Arabia and Permanent Representative to the Digital Cooperation Organization (DCO), Sheikh Sabah Nasser Sabah Al-Ahmad Al-Sabah, on Monday underscored the importance of employing digital technologies to support peacebuilding, humanitarian efforts and post-conflict reconstruction as pathways to stability and prosperity.

Representing Kuwait, which holds the DCO presidency for 2025, Sheikh Sabah delivered his remarks at the fifth edition of the Digital Cooperation Diplomacy series, jointly organized by the Kuwaiti Embassy in Riyadh and the DCO under the theme “Digital Tools to Enhance Post-Conflict Recovery.” The event was attended by DCO Secretary-General Dima Al-Yahya, former UK Minister of Culture and Digital Economy Lord Ed Vaizey, alongside a host of ambassadors and diplomats accredited to Riyadh.

In his speech, Sheikh Sabah stressed the urgency of deepening cooperation in the face of global challenges and advancing policies that ensure the effective use of digital tools in conflict resolution and recovery. “The participation of diplomats in this dialogue reflects their commitment to the objectives of the DCO,” he said. He reaffirmed Kuwait’s strong support for the organization’s mission to accelerate digital prosperity and inclusive growth, highlighting the importance of building a more resilient and prepared digital ecosystem through collaboration and collective action.

“The convening of this dialogue comes at an exceptional time when Kuwait attaches great importance to digital transformation as part of its Vision 2035, while working to advance the shared interests of the international community,” Sheikh Sabah said. He noted that Kuwait’s simultaneous presidency of both the DCO and the Gulf Cooperation Council this year underscores the weight of its responsibilities amid mounting global challenges. DCO Secretary-General Dima Al-Yahya, for her part, emphasized the critical role of digital technology in post-conflict recovery, noting that today’s crises have displaced more than 122 million people worldwide. “Wars and disasters tear apart institutions, erode trust and displace families,” she said.

“But digital reconstruction can help accelerate recovery, rebuild societies on stronger foundations and design systems that are more just and effective.” She called for flexible, realistic and responsive international cooperation to keep pace with rapid digital transformations, while urging stronger partnerships between governments, technology companies, academia and civil society to ensure that digital transformation benefits reach the most vulnerable.

Former UK Minister Lord Ed Vaizey also highlighted the transformative potential of technology in rebuilding societies. “From restoring basic services to creating opportunities for young entrepreneurs, digital innovation offers hope even in the most difficult circumstances,” he said. The dialogue, held under Chatham House rules, brought together ambassadors from DCO member states and international partners for an open exchange on harnessing digital tools to promote peace, reconstruction and long-term stability. — KUNA

Continue Reading

Latest News

Cabinet approves draft laws on real estate, children

Published

on

By

KUWAIT: The Cabinet on Tuesday received a detailed presentation from Governor of the Central Bank of Kuwait Basel Ahmad Al-Haroun on Fitch Ratings’ recent affirmation of Kuwait’s sovereign credit rating at AA- with a stable outlook, highlighting the country’s strong domestic financial position and exceptionally robust external balance. Following the weekly Cabinet meeting chaired by His Highness the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah at Bayan Palace, Deputy Prime Minister and Minister of Cabinet Affairs Shareeda Abdullah Al-Maousherji said the presentation outlined the framework for sovereign credit ratings, Kuwait’s rating trajectory, analytical pillars and factors that could impact future ratings.

The Cabinet reiterated its commitment to continuing financial reforms to strengthen Kuwait’s sovereign credit standing globally. Earlier in the meeting, ministers reviewed messages sent to His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah from foreign leaders regarding bilateral relations and cooperation across multiple sectors. On domestic projects, Minister of Public Works Dr Noura Mohammad Al-Mashaan briefed the Cabinet on coordination efforts with the Audit Bureau and the Central Agency for Public Tenders, alongside representatives from the Ministry of Interior, General Authority of Civil Aviation, and the Fatwa and Legislation Department.

Discussions focused on enhancing coordination to ensure the New Passenger Terminal (T2) project at Kuwait International Airport meets the highest standards of quality and efficiency. The Cabinet called on all relevant authorities to intensify efforts, address challenges, and accelerate project implementation according to the specified timeline.

In legislative matters, the Cabinet approved a draft decree-law amending certain provisions of Law No 21 of 2015 on Children’s Rights. The amendments aim to ensure newborns are added to the father’s nationality portfolio, with penalties for non-compliance as stipulated in Article 81. The Ministry of Interior, in coordination with the Fatwa and Legislation Department, will prepare an explanatory memorandum for the decree-law, which will be submitted to His Highness the Amir for approval.

The Cabinet also reviewed and approved draft decrees concerning controls on real estate ownership by non-Kuwaitis under Decree-Law No. 74 of 1979, and amendments to Decree No 37 of 1994 establishing the Kuwait Institute for Judicial and Legal Studies. These draft decrees, along with a unified industrial regulation law for GCC countries and several memoranda of understanding with foreign governments, will be submitted to His Highness the Amir. The meeting concluded with the Cabinet approving additional agenda items and referring specific topics to relevant ministerial committees for further review and reporting. — KUNA

Continue Reading

Latest News

UN Special Rapporteur calls on Kuwait to form women’s ministry

Published

on

By

KUWAIT: Women in Kuwait continue to face challenges in reporting incidents of violence due to “insufficient specialized judicial courts, ineffective shelters and limited protection systems”, United Nations Special Rapporteur on Violence against Women and Girls Reem Alsalem said on Monday in a press conference held at UN House in Kuwait. She emphasized the need for both immediate improvements — such as strengthening shelters and outreach programs — and broader structural reforms, including the establishment of “a stand-alone ministry or high council on women reporting directly to the prime minister.”

Victims continue to face obstacles in accessing justice, Alsalem stressed, pointing to long litigation processes, social stigma, and poor coordination between police, prosecution, and social services. She noted that while family violence courts and hotlines exist, “all shelters that officially exist were under renovation at the time of my visit and could therefore not be accessed”.

The Special Rapporteur drew attention to the plight of domestic workers and migrant women, who remain highly vulnerable under the sponsorship (kafala) system despite protections under the Domestic Workers Law of 2015. She welcomed recent measures that allow temporary sector transfers but said, “their impact remains limited in the face of insufficient enforcement and limited inspection of work conditions.”

Alsalem also highlighted serious nationality-related challenges. Kuwaiti women married to non-Kuwaiti men cannot pass on their nationality to their children on an equal basis with men. She described the consequences for these children as “systemic legal and social discrimination”, leaving them excluded from senior positions in the public sector and dependent on their mother’s legal status, which they lose upon her death.

Equally concerning, she said, was Kuwait’s recent resort to the withdrawal of nationality, a policy introduced in 2024 that has left tens of thousands affected. “Women bear a disproportionate burden, as the majority of those whose citizenship has been revoked are foreign women who had naturalized via marriage to Kuwaiti men,” Alsalem noted, describing the impact as devastating: Loss of jobs, property, pensions, housing, travel rights and access to basic services. While she acknowledged mitigation efforts such as temporary passports and an online appeals portal, she emphasized the need for an independent appeals mechanism under the judiciary.

Looking ahead, Alsalem underscored the need for better data collection, awareness campaigns to challenge harmful societal norms, and “one-stop shops” that provide safe spaces and comprehensive services for survivors of violence. She urged Kuwait to engage more closely with civil society organizations in running shelters and outreach programs.

Despite these challenges, Alsalem acknowledged Kuwait’s positive steps. She welcomed reforms such as the 2020 Domestic Violence Law, the 2025 Penal Code amendments abolishing leniency in so-called “honor killings,” and the 2025 reform of the Personal Status Law raising the marriage age to 18 for both sexes. She also noted Kuwait’s progress on equal pay for equal work, growing female participation in leadership, judiciary, diplomacy, and sports, and its humanitarian role in crises from Gaza to Sudan.

Continue Reading

Trending

Copyright © 2025 SKUWAIT.COM .