Al Ahli Bank of Kuwait Participates in the 2023 Annual Meetings of the International Monetary Fund and the World Bank Group

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Kuwait City, 21 Oct: Al Ahli Bank of Kuwait (ABK) is pleased to announce its recent participation in the 2023 Annual Meetings of the International Monetary Fund and the World Bank Group, held in Marrakech, Morocco. The event brought together finance ministers, central bank governors, and officials from prominent global and regional banks.

Representing ABK were Mr. Abdulla Al Sumait, Acting Group Chief Executive Officer; Mr. Omar Wahby, Chief Executive Officer – UAE; and Mr. Rami El Rifai, Senior Executive Officer – Dubai International Financial Centre (DIFC). Their presence at the meetings provided a platform to engage with esteemed banking professionals from all corners of the globe, fostering valuable relationships and exchanging insights into the latest economic and banking developments.

ABK’s representatives also attended a reception organized by Kuwait Banking Association held under the patronage and presence of H.E. Mr. Fahad AlJarallah, Minister of Finance; H.E. Mr. Jassem Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC); and Mr. Abdullatif Alyahya, Kuwaiti Ambassador to Morocco, as well as well as various officials from across the world.

This is in addition to attending a series of receptions hosted by GCC central banks and international institutions to discuss developments and exchange ideas which contributed to establishing strong relations.

IMF and the World Bank Group’s annual meetings are internationally renowned events, serving as crucial forums for financial sector leaders, policymakers, and experts to address global economic and financial challenges. Potential solutions in the financial and banking sector were also discussed in addition to opportunities of collaboration that would facilitate expansion efforts around the world.

ABK’s participation in the meetings underlines the Bank’s unwavering commitment to staying at the forefront of global economic and financial developments which greatly contribute towards shaping its strategic direction.

Commenting on ABK’s involvement, Mr. Al Sumait stated, “We are honored to have taken part in this significant gathering of global leaders. We are happy to have had the opportunity to expand our knowledge and build strategic connections with a series of financial entities which will contribute to continuously achieving sustainable growth for ABK. We remain committed to offering our valued customers the best global banking practices and innovative solutions.”

As a leading financial institution in the region, ABK is known for its ongoing pursuit of excellence and commitment to driving growth and innovation. Through its participation in the IMF and World Bank Group’s annual meetings, the Bank endeavors to further strengthen its position as a trusted partner in shaping the future of the global financial landscape.

For more information about ABK, please follow the Bank’s Instagram account @abk_kuwait, visit eahli.com, contact Ahlan Ahli 1 899 899 or visit one of the Bank’s branches across Kuwait.

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