Sheikh Mubarak welcomes delegations in honor of ‘Capital Culture' leadership
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Arab Times
an hour ago
- Arab Times
Kuwaiti seafood bounty returns as shrimp fishing season begins
KUWAIT CITY, Aug 2: The shrimp fishing season officially began on Friday, August 1 in Kuwait's economic zone, following the issuance of necessary permits. Engineer Salem Al-Hai, Director- General of the Public Authority for Agriculture Affairs and Fish Resources (PAAAFR), stated in a press release that the launch of the season aims to support marine fish stocks and help supply shrimp to the local market following the end of the annual fishing ban period. He urged all fishermen to strictly adhere to regulations to protect marine resources. Al-Hai added that shrimp fishing within Kuwait's territorial waters will be permitted starting September 1, using environmentally friendly 'Kofa nets' through trawling methods. Meanwhile, Secretary of the Kuwait Fishermen's Union Barrak Al- Subaie revealed that the Kuwaiti fishing fleet, consisting of 275 dinghies, launched operations to supply fresh shrimp to the local market, adding that local shrimp have made a strong return to the markets in abundant quantities. He expressed optimism among fishermen, particularly following a successful start to the zubaidi fishing season, which began in mid-July, indicating that this season has helped stabilize the market and the fish prices, with medium-sized zubaidi fish (cod) now selling for between KD 40 and KD 60 per basket. According to Al-Subaie, the catch over the past 24 hours included approximately 8 tons of shrimp and 3 tons of zubaidi. The price of a basket of 'Shahamiya' shrimp has reached KD 20, while the price of 'Umm Nughira' shrimp ranges between KD 47 and KD 60 in both the Sharq and Fahaheel fish markets. The daily fish auction in Fahaheel takes place at 8:00 am, while the Souq Sharq auction is held after the afternoon prayer. Both auctions have seen high turnout from citizens and consumers. Al-Subaie described the fishermen's joy as 'indescribable,' citing the continuous support and oversight from relevant authorities who are actively working to deal with the challenges faced by the fishermen. He stressed that the true reward for fishermen is the availability of fresh Kuwaiti seafood in the markets in large quantities and at affordable prices. Al-Subaie also highlighted that fishermen, along with all those working to ensure food security, are essential partners in the country's sustainable development efforts. He said, 'Food is a basic necessity of life. Ensuring its steady availability is a national responsibility.' Al-Subaie expressed his appreciation for the efforts of all leaders in supporting the fishing sector, most notably the Minister of Electricity and Water Subaih Al-Mukhaizeem, Director- General of the Coast Guard Brigadier General Sheikh Mubarak Al-Yousef, Chair of PAAAFR Salem Al-Hai, Assistant Undersecretary of the Ministry of Finance Saad Al-Alati, and officials from the Kuwait National Petroleum Company and other supporting agencies. He praised these leaders for their understanding of the legitimate demands of fishermen, noting that fishing is a time-honored profession deeply rooted in Kuwaiti heritage, and practiced by generations of forefathers. Al-Subaie added that the profession continues to attract dedicated young Kuwaitis who remain optimistic about its future, thanks to God and the continued support of the nation's leadership. Al-Seyassah/Arab Times Staff
Kuwait Times
2 hours ago
- Kuwait Times
InvestGB celebrates interns on Intern Day
As part of bank's ongoing efforts to empower youth and local talent KUWAIT: Gulf Capital Investment Company, InvestGB, the investment arm of Gulf Bank, celebrated Intern Day, a global occasion recognizing the contributions of interns; highlighting the success of its Internship Program and reinforcing its ongoing commitment to empowering Kuwaiti youth, fostering local talent, and building a strong and capable workforce. During the Intern Day Event held at InvestGB's headquarters at Al-Hamra Business Tower, interns participated in a variety of impactful activities, including networking sessions with InvestGB and Gulf Bank leadership teams, and InvestGB's senior management team. These interactive sessions provided interns the opportunity to share their insights, engage in numerous discussions, and receive valuable career tips and mentorship from InvestGB and Gulf Bank employees. On this occasion, Sara Al-Muzaini, Senior Vice-President of Human Resources at InvestGB stated: 'At InvestGB, we believe that investing in young minds today is an investment in a stronger and more resilient future for Kuwait. We are proud to provide opportunities that empower the next generation and connect them to meaningful career pathways.' Interns pose for a photo. She added: 'Since its inception in 2023, InvestGB's Internship Program has benefited over 50 high school and university students, with 8 percent of participants transitioning into fulltime roles at the company. The program has established itself as a trusted talent pipeline and a key pillar of InvestGB's youth and education strategy. Interns have represented more than 20 local and international institutions, including Kuwait University, Gulf University for Science and Technology, American University of Kuwait, Babson College, Bentley University, University of California, Los Angeles (UCLA) and King's College London.' Al-Muzaini continued: 'As part of the third edition of the internship program for 2025, 33 interns between the ages of 17 and 25 were selected, with a demographic split of 48 percent female and 52 percent male. The program offers hands-on training, real-world exposure, and skill development to help students navigate an evolving job market with confidence and capability. Al-Muzaini noted that InvestGB's culture is deeply rooted in inclusion, national development, and investment in human capital, whether employees or interns. Women represent 43 percent of the company's workforce, while Kuwaitization stands at 70 percent of the total team. She emphasized InvestGB's commitment to strengthening its role in the private sector by supporting and developing national talent. Through training programs and other institutional initiatives, the company continues to contribute to the sustainable growth of the Kuwaiti economy by empowering the next generation of professionals. She concluded: 'At InvestGB, we are cultivating more than a workplace; we are building a community,' added Al-Muzaini. 'Our culture is rooted in well-being, continuous development, and shared purpose, which directly contributes to our organizational excellence.'
Kuwait Times
2 hours ago
- Kuwait Times
Burgan Bank promotes Eng Saud Al-Hadbah to GM of General Services Administration
Bank reinforces its commitment to sustained human capital development and talent empowerment KUWAIT: In line with its ongoing dedication to human capital development and internal career advancement, Burgan Bank is proud to announce the promotion of Eng Saud Al-Hadbah to General Manager – General Services Administration. As part of its holistic development strategy, Burgan Bank continues to promote from within, recognizing high-performing professionals with proven leadership and operational excellence. Eng Al-Hadbah's promotion is a testament to the Bank's belief in the potential of its people and its sustained efforts to remain an employer of choice in the Kuwaiti banking sector. Commenting on the promotion, Fadel Mahmoud Abdullah, Chief Executive Officer – Kuwait at Burgan Bank, stated: 'On behalf of Burgan Bank's Board and Executive Management, I would like to extend our warmest congratulations to Eng Saud Al-Hadbah on his well-earned promotion. His leadership, deep operational knowledge, and institutional loyalty have consistently demonstrated the qualities we value most in our people. Investing in our talents is not just a goal — it's a strategic pillar that defines how we grow and how we lead.' He added: 'At Burgan Bank, we believe that cultivating internal talent and providing clear pathways for growth is central to building a sustainable, future-ready organization. Eng Al-Hadbah's elevation is not only well-deserved but symbolic of our broader mission: to enable homegrown leadership that can drive our operational excellence, customer-centric mindset and innovation-forward approach.' Eng Saud Al-Hadbah began his journey with Burgan Bank in 2010, and over the years, has held several key roles across different departments. Prior to this promotion, he served as Deputy General Manager – General Services Administration, where he played a pivotal role in enhancing the Bank's operational infrastructure and ensuring seamless service delivery across all functions and branches. His leadership in facilities management, procurement, and administrative operations has contributed significantly to the Bank's operational agility and service efficiency. With this promotion, Eng Al-Hadbah now assumes broader responsibilities in steering the Bank's General Services functions, including further integration of digital operational frameworks and supporting the Bank's evolving transformation strategy from an infrastructure standpoint. It serves to note that Burgan Bank, a certified Great Place to Work, continues to maintain a robust development framework that nurtures talent across all levels of the organization — with a dedicated focus on identifying, equipping, and advancing future leaders.
