imported 2024-03-17 17:43:07
Interview with Eduardo Eguren, Chief Executive Officer of Burgan Bank. Burgan Bank is optimistic about the outlook for the banking sector in Kuwait in 2012; there will be growth in the sector but only a moderate. Kuwaiti banks have been affected by the crisis and they are slowly getting back on the old tracks. An example of this could be Burgan Bank which reduced its cost of credit by 72% last year.
Interview with Tarek Sultan, Chairman & Managing Director of Agility.
Agility is a global logistics player with platforms in 120 countries, including the emerging markets. Particularly the Kuwaiti platform is very important to Agility because of the country`s proximity to Iraq. Thanks to its location, Kuwait is going to be a great place to do business in the close future, according to Mr. Sultan.
The Kuwait Fund for Arab Economic Development, known as the Kuwait Fund, celebrated recently its 50th anniversary. But according to its General Director Abdulwahab Al-Bader, the Fund’s journey in helping the most in need is far from over.
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Interview with Dr. Winfred Thompson, President of American University of Kuwait (AUK). Dr. Winfred Thompson is giving a brief overview of the education system in Kuwait and the biggest challenges for the education in Kuwait. As a representative of higher education in Kuwait, the American University of Kuwait (AUK) offers liberal arts education in Kuwait.
Slightly, but not seriously hit by the Arab Spring, Kuwait has managed to prove again that it is able to tackle challenges, despite remaining headwinds.
Kuwait’s national budget relies 95 percent on oil revenues, but the public and the private sector join forces to push for more diversification.
Aside from its scientific educational mandate, Kuwait Scientific Center is a favourite location for corporate venues, events & conferences. Mijbil Mutawa, Kuwait Scientific Center’s Chairman, talks about KSC as a great place for corporate venues & events.
Kuwait has the 3rd highest rate of Diabetes. About 250,000 (out of 1.2 million Kuwaitis) suffer from diabetes I or II. Dr. Kazem Behbehani, Director General of Dasman Diabetes Institute, warns about potential economic & social collapse.
Margaret Al-Sayer, Founding Director of Bayt Abdullah Children’s Hospice, shares her journey of building Bayt Abdullah Children’s Hospice for terminally ill children.
Burgan Bank’s normalized operating margin in 2011 grew 15%, several times the expansion of the GDP. Thus, the bank has been able to win some market share.
