
Warba Launches New Community Initiative with the General Administration of Coast Guard
Warba Bank has achieved remarkable success in a short period of time, securing a leading position in Islamic digital banking. With one of the largest shareholder bases among local banks, Warba continues to remain close to all segments of society. This initiative reaffirms the Bank's position as a trusted financial partner that combines innovation with social responsibility in delivering best-in-class Sharia-compliant financial products and services.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Bawaba
a day ago
- Al Bawaba
Burgan Bank Hosts 'Bring Your Kids to Work Day' to Celebrate Family and a People-Centered Workplace
As part of its ongoing efforts to foster a positive, people-centered workplace, Burgan Bank hosted a special 'Bring Your Kids to Work Day' – a first of its kind initiative for the Bank. The initiative welcomed employees' children between the ages of 5 and 15 for a day filled with learning, creativity, and hands-on experiences that brought the world of banking to life. More than just a fun-filled day, the event was a reflection of Burgan Bank's dedication to employee wellbeing, family engagement, and sustainability – key pillars of its workplace culture and ESG strategy. Through immersive activities such as a simulated bank branch experience, interactive workshops on recycling, and business-minded challenges like product selling and presentation practice, young participants explored essential life skills in a playful, inspiring environment. 'At Burgan Bank, our workplace is not just about running the business, it's about belonging,' said Naqeeb Amin, General Manager – Human Resources and Development for the Group at Burgan Bank. 'Welcoming our employees' children into our corporate world is a powerful way to connect values across generations, spark curiosity, and show what purpose-driven banking looks like. This event falls within Burgan Bank's 'Teach Them Young' campaign, which aims to broaden the professional and practical horizons of adolescents and youth, while fostering a conscious and responsible generation. It also aligns with the 'Let's Be Aware' (Diraya) financial literacy and banking awareness initiative – launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA), with the support of Kuwaiti banks – demonstrating our commitment to instilling a banking culture in young people from an early age and empowering the future generation.' Highlights of the day included a 'Junior Banker of the Day' experience, art and craft sessions, a cake design workshop, a treasure hunt across the Bank's premises, and a mini-Olympics challenge to encourage teamwork. Children also learned the basics of entrepreneurship by selling the products they made and presenting their work, all under the guidance of the Bank's dedicated team of employee volunteers aided by older children of Burgan employees. This initiative reflects Burgan Bank's deep-rooted commitment to enriching lives and fostering a people-centric culture. It aligns with the Bank's long-term objective to be a trusted, innovative, and progressive institution – driven by its people and inspiring future generations through engaging, high value-driven and purposeful experiences. Grounded in Burgan Bank's core values of trust, commitment, excellence, progression, and people-first thinking, the event also supports the Bank's ESG objectives and reinforces its position as a certified Great Place to Work®. Additionally, it endorses the Bank's dedication to fostering an inclusive, engaging, and sustainable workplace – one that places people and purpose at the heart of its ecosystem.

Al Bawaba
a day ago
- Al Bawaba
Ooredoo Kuwait Hosts Safety Workshop in Collaboration with Kuwait Fire Force
Ooredoo Kuwait, the leading telecommunications provider in the region, recently held a comprehensive workshop on fire, accident, and safety prevention in partnership with the Kuwait Fire Force. The initiative highlights the company's long-standing commitment to the safety and well-being of its employees and the wider community, while reinforcing a culture of preparedness across the workshop, led by Lieutenant Colonel Abdullah Al Haji and his expert team, provided employees with practical strategies to prevent accidents at work and at home. Through a mix of interactive sessions, live demonstrations, and real-life case studies, participants were equipped with essential tools to identify risks, mitigate hazards, and respond effectively in were introduced to a broad range of topics including workplace fire hazards, home safety awareness, water accident prevention, and emergency response protocols. Practical exercises, such as the proper use of fire extinguishers and evacuation drills, gave participants first-hand experience in applying safety measures. By simulating real-life scenarios, the sessions emphasized the importance of quick action and vigilance in saving lives and minimizing managers, who played a central role in the program, were encouraged to share this knowledge with their teams. This cascading approach ensures that safety awareness becomes embedded at every level of the company, transforming preparedness into a collective responsibility rather than an individual technical training, the initiative also deepened Ooredoo Kuwait's collaboration with the Kuwait Fire Force, providing employees the opportunity to learn directly from frontline emergency professionals. This partnership reinforced the credibility of the program while underlining Ooredoo's role as a socially responsible organization working hand in hand with national authorities to advance public workshop was organized with the support of Ooredoo Kuwait's Administrative, Human Resources, and Corporate Communications teams, ensuring seamless delivery and wide participation across the company's impact of the program was immediate and lasting: participants left with heightened awareness of everyday risks, stronger confidence in handling emergencies, and a renewed commitment to sharing safety practices with colleagues and families Kuwait emphasized that fostering a culture of safety is not a one-off initiative but an ongoing priority. By equipping employees with life-saving skills and instilling awareness both professionally and personally, the company continues to safeguard its workforce while contributing to the well-being of the broader community. This initiative reflects Ooredoo Kuwait's holistic approach to corporate responsibility, where innovation and service excellence go hand in hand with social responsibility and community engagement. By placing safety and preparedness at the core of its operations, Ooredoo Kuwait affirms that its mission extends beyond telecommunications to protecting and empowering people.


Al Bawaba
2 days ago
- Al Bawaba
Gulf Takaful Insurance Company successfully completes capital increase of KWD 7 million
In its capacity as the issuer, Gulf Takaful Insurance Company K.S.C.C. 'GTIC', and the Kuwait Financial Centre 'Markaz', the lead manager and subscription agent, announced in a joint statement the successful completion of GTIC's capital increase, raising a total value of KWD 7 million through the issuance of 70,286,789 ordinary shares at a subscription price of 100 Kuwaiti fils per share, representing 70% of the issued and paid-up capital of the company. The subscription period for the rights issue ran from 10 June to 24 June Mubarak Othman Al-Ayyar, Chief Executive Officer (CEO) at Gulf Takaful Insurance Company, expressed his contentment with the successful subscription process, which reflects the shareholders' confidence in the quality and performance of the also praised the professionalism with which the subscription was managed by Markaz, stating: "The subscription process fulfilled all the necessary regulatory procedures for the issuance of shares. The proceeds from the capital increase will be directed toward enhancing the company's solvency margin in line with prevailing regulatory will also contribute to implementing the company's expansion strategy, supporting its general corporate purposes, continuing the execution of its plans, and strengthening its position in the Takaful Insurance Sector both locally and regionally. We value the active role played by all , the Insurance Regulatory Unit (IRU) officials, the Ministry officials, the Capital Markets Authority and Kuwait Clearing Company team in the successful execution of the capital increase. We also thank team Markaz for managing the subscription process with utmost professionalism, efficiency, and seamless coordination across all stages of the offering." On this occasion, Mr. Ali H. Khalil, Chief Executive Officer at Markaz, stated: 'We are proud at Markaz to have played a pivotal role in the success of the subscription process as the issuance manager and receiving agent. This reflects our ongoing commitment to supporting our clients in achieving their strategic growth goals. We mobilized our extensive expertise in the capital markets sector and our highly skilled teams to ensure the subscription process was carried out in accordance with the highest professional and regulatory standards. We thank Gulf Takaful Insurance Company for their valued trust in Markaz's capabilities to manage the capital increase subscription. This achievement highlights the strength of our partnership and further reinforces our position as a trusted partner in the investment banking sector."