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Zain Summer Program returns for sixth season

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KUWAIT: Zain announced the kick-off of the sixth season of its Youth Summer Program, one of the company’s flagship initiatives under its community strategy to empower the next generation of national talent in the private sector and prepare a creative workforce capable of succeeding and excelling in today’s dynamic job market.

This year’s edition comes in partnership with the Kuwait News media organization, Kuwait Times English daily, INJAZ Kuwait, and for the first time, V-Thru, Kuwait’s leading virtual drive-thru platform, offering participants new hands-on training experiences in digital marketing, smart operations, and the logistics sector.

The program will host 35 university students from various majors in a one-month journey that combines fieldwork, hands-on training, and workshops focused on personal and professional skills, all within an interactive environment designed to reflect the needs of the fast-evolving digital job market.

Commenting on the launch, Hamad Al-Musaibeeh, Corporate Relations Department Manager at Zain Kuwait, said: “We’re proud to launch a new season of our summer program, which has become a highly anticipated annual milestone for ambitious youth. It’s not just a training opportunity, but a holistic platform for developing professional and leadership skills and guiding participants toward careers aligned with their talents and ambitions. Our growing partnerships with leading local organizations reflect our commitment to expanding the program’s scope and impact year after year.”

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He added: “This year, the program offers four core training tracks. The first is the field track at Zain’s retail branches across Kuwait, where participants will be trained in customer service, marketing, sales, and teamwork. The second is the media track in collaboration with Kuwait News and Kuwait Times, where participants will explore content creation, editing, journalism, and photography and videography.”

Al-Musaibeeh continued: “In addition, we have the career skills track in partnership with INJAZ Kuwait, which includes intensive workshops on leadership, communication, career planning, and job market readiness. Finally, the new technical and operations track in collaboration with V-Thru offers students practical experience in a startup environment, with exposure to digital marketing and logistics operations.”

Jana Khaldoun Alnaqeeb, Director of PR and CSR at Kuwait News and Kuwait Times, commented: “Our continued collaboration with Zain in this program for the second year running stems from our belief in the importance of involving youth in shaping media messages and providing them with the tools to understand the media’s impact. This season, we’ll focus on nurturing creativity and initiative among students through editorial and field experiences that reflect their authentic voices.”

Jaber Ashkanani, Director of Business Development and Strategic Partnerships at INJAZ Kuwait, stated: “We are pleased to continue this strategic partnership with Zain, which spans over 20 years of collaboration aimed at preparing a well-informed generation capable of facing future challenges and the job market.”

He added: “This year, we are especially delighted to collaborate on delivering the ‘My Career Path’ program for enrolled youth, which focuses on developing leadership skills, creative problem-solving, as well as verbal and written communication skills, among other competencies that help young people become qualified, professional contributors to the workforce.”

“At V-Thru, we believe it’s our responsibility to pass on the knowledge, experience, and values we’ve gained through building one of Kuwait’s fastest-growing tech startups,” said Abdullah Al-Shalabi, Co-Founder and CEO of V-Thru. “This initiative reflects our commitment to investing in local youth and preparing them to thrive in a digital-first economy.”

“In turn, we gain valuable insights from this generation, their perspectives help us understand the evolving needs of tomorrow’s market. The program also serves as a strong recruitment channel: several of our top-performing employees started as interns.”

He added: “This partnership with Zain allows us to scale our impact by reaching even more students and fresh graduates, giving them hands-on exposure to real-world challenges in technology, operations, marketing, and customer experience. Together, we’re not just creating internship opportunities, we’re building a pipeline of future leaders for Kuwait’s innovation ecosystem.”

Zain’s Summer Program is held under the umbrella of its youth empowerment platform Future University Network (FUN), one of the company’s longest-running sustainable initiatives launched in 2008. Hundreds of students have benefited from the program over the years, many of whom later joined Zain’s workforce after graduation as full-time employees.

In the program’s last edition, participants completed over 90 training hours across various fields. The program achieved remarkable success, reflected in the valuable feedback shared by students and Zain’s partners, further underscoring the importance of continuing and expanding this initiative to meet the evolving aspirations of future generations.

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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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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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