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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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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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