Monday , October 23 2017

KIB recognized by Forbes Middle East – Bank among 50 most powerful listed companies in Kuwait

KUWAIT CITY, May 31: Kuwait International Bank (KIB) was recently recognized by Forbes Middle East as one of the top 50 listed companies in Kuwait at the “Celebrating Kuwait’s Success” awards ceremony. Organized by Forbes Middle East, this annual ceremony was held to honor companies and individuals that have made significant contributions towards the development and continuous progress of Kuwait.

As part of the ceremony, the top 50 listed Kuwaiti companies were recognized for their influential leadership within the local market, as well as their strong, robust financial performance and impressive growth. Additionally, among those honored during the ceremony were a number of the largest and most influential private companies in the region, and the strongest businesswomen across the country.

Minister of State for Cabinet Affairs and Acting Minister of Information, Sheikh Mohammed Al Abdullah Al-Mubarak Al-Sabah, and President of Arab Publisher House and Publisher of Forbes Middle East, Dr Nasser Bin Aqeel Al Tayyar, presented the prestigious award to Acting Chief Executive Officer at KIB, Mohamed Said El Saka. This exclusive ceremony brought together heads of the region’s top public and private companies, as well as local and regional diplomatic entities.

On this occasion, El Saka expressed his delight at receiving this prestigious award on behalf of KIB, placing the Bank on the list of the most prominent listed financial institutions in Kuwait. He also stressed that this accolade is a clear reflection of KIB’s important role in the local banking sector, as it continuously contributes to the development and advancement of the nation through greater economic diversification.

He added that KIB is a firm believer that private institutions play a key role in supporting the growth and stability of Kuwait’s economy. Accordingly, the Bank constantly works to innovate and develop its banking solutions to suit the diverse needs of the market, doing so while strictly adhering to Shari’ah law. He concluded by congratulating all companies, as well as individuals, who were honored during the ceremony, and wished them many more successes and achievements in the future.

 

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