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NBK hosts schools participating in Bankee program

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KUWAIT: National Bank of Kuwait hosted several schools participating in Bankee to explore and simulate the practical application of the program that comes in collaboration with the Ministry of Education, Kuwait Anti-Corruption Authority «Nazaha», and Creative Confidence.

NBK’s executive management attended the event as part of its commitment to track the progress of Bankee and the extent to which schools are benefiting from the program, as well as measure its effect upon the students and teachers.

The event consisted of four main pavilions simulating classrooms and student-interaction methods, in addition to a corner specifically designed for the store where students are taught the fundamentals of spending, as well as a corner for interactive activities about earning and spending money, and finally a corner for donations to endorse the culture of aiding others and paying back to society.

The schools that participated in the event were Al-Fadhl Ibn Al-Abbas Elementary School for boys, Lulwa Mulla Saleh Al-Rabi’a Elementary School for girls, Um Al-Munthir Elementary School for girls, and Al-Sulaibikhat Elementary School for girls.

Bankee is the largest and first program in Kuwait, which is offered by NBK in collaboration with the Ministry of Education and Kuwait Anti-Corruption Authority «Nazaha». It aims to teach students core economic concepts and behaviors such as earning, spending, saving, and financial commitments, and instill core values such as honesty, integrity, personal development, accountability, and teamwork. The program also aspires to raise a generation that understands the importance of financial independence and stability and has the financial knowledge and skills to help achieve sustainable development and economic welfare for individuals and society.

The event witnessed remarkable interaction between the students and teachers about how the program operates in schools and the way students deal with its rich content, which raises their financial awareness.

From their part, the Bankee teachers expressed their appreciation for NBK’s efforts to support education and instill positive concepts in future generations, highlighting that Bankee has remarkably contributed to enhancing the financial literacy, skills and behaviors of the students.

Moreover, this event echoes NBK’s commitment to follow up with the program and trace its positive influence on the students’ behaviors by supplementing them with the necessary skills needed in managing their financials, in addition to the noticeable progress in their financial knowledge after applying the program in their schools.”

As part of its commitment to enriching the «Bankee» content, NBK has launched accounts on different social media platforms, such as Instagram, TikTok, and YouTube to enable all participants to access valuable content, activities, and events from schools around the year. Additionally, the program’s website has been launched in both Arabic and English, and the admission for the academic year 2025-2026 is now open.

The executive management’s follow-up visits to the schools further highlight the program’s significance. Many parents attended these visits, in which they expressed their pleasure with the positive influence they noticed in their children’s financial knowledge and behaviors.

The National Bank of Kuwait believes in the importance of initiatives between the private and government sectors, as they provide the youth with the needed and necessary knowledge and skills to achieve prosperity and well-being for Kuwaiti individuals and society.

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Kuwait envoy urges using digital tools for peace, recovery

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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

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Cabinet approves draft laws on real estate, children

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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

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

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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.

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