Latest news with #AhliUnitedBank
Bahrain This Week
11-07-2025
- Business
- Bahrain This Week
New identity for Ahli United Bank as Kuwait Finance House
Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, attended a ceremony marking the launch of the new identity of Ahli United Bank under the name Kuwait Finance House, in the presence of Sheikh Thamer Jaber Al Ahmad Al Sabah, Ambassador of the State of Kuwait to the Kingdom of Bahrain, and senior officials. The minister emphasised Bahrain's commitment to further developing the financial and banking sector by creating the necessary conditions to enhance its performance and sustainability. He noted that this commitment supports the Kingdom's efforts to reinforce its position as a global financial centre, in line with the goals of the comprehensive development process led by His Majesty King Hamad bin Isa Al Khalifa and guided by the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. The minister highlighted the importance of continuing to foster creativity and innovation to expand financial and banking services and open new avenues for growth. He underlined the sector's vital role in generating investment opportunities that contribute to national development and create high quality prospects for citizens. Shaikh Salman also highlighted Bahrain's competitive legislative and regulatory framework, which continues to evolve by adopting advanced financial technologies based on innovation. He emphasised that efforts are ongoing, in cooperation with the private sector, to enhance the Kingdom's competitiveness and diversify the national economy in line with development plans. Hamad Abdulmohsen Al Marzouq, Chairman of Kuwait Finance House, expressed pride in launching the bank's new identity in Bahrain, describing it as a significant milestone marking a strategic transformation. He said the step reflects a forward looking vision for the future of Islamic banking at the local, regional, and international levels. Dr. Shadi Zahran, CEO of Kuwait Finance House – Bahrain, said that the transition reflects a unified strategic vision to strengthen the bank's position as a leading Islamic financial institution. He added that Bahrain's Economic Vision 2030 continues to inspire the bank's work in expanding Islamic finance, promoting innovation, and supporting Bahrain's position as a prominent regional and international financial hub. The rebranding of Ahli United Bank as Kuwait Finance House is part of a unified strategy across the group to consolidate its presence in regional and global markets. Kuwait Finance House provides a comprehensive range of Sharia compliant banking, investment, and financing services, and is recognised for its innovation, sustainable growth strategy, and commitment to ethical values and financial inclusion.
Daily Tribune
11-07-2025
- Business
- Daily Tribune
With a Strategic Vision Based on Growth, Integration, and Leadership, Ahli United Bank Announces Its New Identity as Kuwait Finance House
Ahli United Bank B.S.C. (c), a leading Islamic bank in Bahrain, has announced the start of a new chapter in its banking history under the name 'Kuwait Finance House B.S.C. (c).' This follows the successful completion of the acquisition process by the parent group, marking a significant milestone in the bank's 25-year journey of growth and excellence. Under the new identity, Ahli United Bank, owned by Kuwait Finance House, will undergo a significant transformation of its brand identity, aligning with the Group's structure. This will be achieved by officially adopting its new name, 'Kuwait Finance House B.S.C. (c),' across all its operational channels in the Kingdom of Bahrain, including branches, digital platforms, and smartphone applications. The new identity was announced during an official ceremony attended by His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and His Excellency Sheikh Thamer Jaber Al-Ahmed Al-Sabah, Ambassador of the State of Kuwait to the Kingdom of Bahrain as well as several of Their Excellencies representing the government, the Central Bank of Bahrain, the bank's strategic partners, major clients, and the bank's Board of Directors and executive management team.
Biz Bahrain
11-07-2025
- Business
- Biz Bahrain
Finance Minister attends launch of new identity for Ahli United Bank as Kuwait Finance House
Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, attended a ceremony marking the launch of the new identity of Ahli United Bank under the name Kuwait Finance House, in the presence of Sheikh Thamer Jaber Al Ahmad Al Sabah, Ambassador of the State of Kuwait to the Kingdom of Bahrain, and senior officials. The minister emphasised Bahrain's commitment to further developing the financial and banking sector by creating the necessary conditions to enhance its performance and sustainability. He noted that this commitment supports the Kingdom's efforts to reinforce its position as a global financial centre, in line with the goals of the comprehensive development process led by His Majesty King Hamad bin Isa Al Khalifa and guided by the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. The minister highlighted the importance of continuing to foster creativity and innovation to expand financial and banking services and open new avenues for growth. He underlined the sector's vital role in generating investment opportunities that contribute to national development and create high quality prospects for citizens. Shaikh Salman also highlighted Bahrain's competitive legislative and regulatory framework, which continues to evolve by adopting advanced financial technologies based on innovation. He emphasised that efforts are ongoing, in cooperation with the private sector, to enhance the Kingdom's competitiveness and diversify the national economy in line with development plans. Hamad Abdulmohsen Al Marzouq, Chairman of Kuwait Finance House, expressed pride in launching the bank's new identity in Bahrain, describing it as a significant milestone marking a strategic transformation. He said the step reflects a forward looking vision for the future of Islamic banking at the local, regional, and international levels. Dr. Shadi Zahran, CEO of Kuwait Finance House – Bahrain, said that the transition reflects a unified strategic vision to strengthen the bank's position as a leading Islamic financial institution. He added that Bahrain's Economic Vision 2030 continues to inspire the bank's work in expanding Islamic finance, promoting innovation, and supporting Bahrain's position as a prominent regional and international financial hub. The rebranding of Ahli United Bank as Kuwait Finance House is part of a unified strategy across the group to consolidate its presence in regional and global markets. Kuwait Finance House provides a comprehensive range of Sharia compliant banking, investment, and financing services, and is recognised for its innovation, sustainable growth strategy, and commitment to ethical values and financial inclusion. BNA(E)
Daily Tribune
06-07-2025
- Business
- Daily Tribune
Ahli United Bank Wins Prestigious Awards
Ahli United Bank, the largest Islamic financial service provider in Bahrain, said it was recognized at MEED's MENA Banking Excellence Corporate Investment Awards as the 2025 winner of the Best Islamic Bank in Bahrain and Best for Supply Chain Finance awards. The awards acknowledge AUB's contribution to the banking sector and its unwavering commitment to excellence through outstanding performance, delivering innovative product offerings, and dedication to meeting the evolving needs of clients in the Islamic banking sector. Commenting on the awards, Dr. Shadi Zahran, Group CEO of Ahli United Bank, said: 'These awards reflect the success of our strategy to successfully provide world-class Shari'a-compliant products that enable businesses to thrive, especially in the area of supply chain finance and transactional banking.'
Daily Tribune
03-07-2025
- Business
- Daily Tribune
Mentorship Programme Reaches 150 Milestone
TDT | Manama CFA Society Bahrain has marked a key milestone in Bahrain's financial workforce development, completing its 150th mentor-mentee pairing under the Qodwa mentorship programme. The seventh cycle of the initiative concluded this week, with 18 participants graduating in a ceremony supported by longtime partner Ahli United Bank. Qodwa, launched in 2018, is the flagship mentorship platform of CFA Society Bahrain. It connects experienced investment professionals with aspiring talents eager to grow in areas such as portfolio management, advisory, and financial analysis. Over seven cycles, the programme has engaged 80 mentors and delivered more than 120 hours of structured training. Structured growth for future leaders Speaking at the close of the cycle, Zeeba Askar, President of CFA Society Bahrain, described the programme as a journey of meaningful impact and excellence. She said the Society is committed to evolving Qodwa further to meet emerging market needs and support the Kingdom's broader financial development. 'We take great pride in witnessing the graduation of this seventh cohort,' Askar said. 'This milestone reflects our ongoing effort to build a skilled, confident, and competitive local finance community.' She also credited Ahli United Bank for its continued role in supporting the programme's success. Ahli United Bank reaffirmed its strategic commitment to Qodwa, describing it as a key element of its long-term social responsibility and human capital strategy. The bank said its focus on mentorship reflects its belief in preparing the next generation of national leaders in the financial sector. 'Our partnership with CFA Society Bahrain supports our shared goal of empowering Bahraini youth and building a capable, future-ready workforce,' the bank stated. The Qodwa programme is tailored to develop practical, leadership-focused skills. It includes mentor training to ensure that coaches are equipped with essential guidance techniques and that mentees benefit from both technical and soft-skill development. Each cycle is designed not just to build knowledge but to foster a dynamic exchange between seasoned professionals and emerging talent. Participants are guided through academic, behavioural, and career-oriented challenges with the goal of accelerating professional growth.
