Latest news with #MohammedAl-Sarraf
Kuwait Times
a day ago
- Business
- Kuwait Times
NBK empowers youth through sponsorship of ‘Kon' program
KUWAIT: As part of its strong commitment to supporting and empowering the youth, the National Bank of Kuwait continues its support and sponsorship of the 'Kon' Social Entrepreneurship Program under its ongoing strategic partnership with LOYAC non-profit organization. Organized by LOYAC in collaboration with the prestigious Babson College, the program kickstarted its tenth edition this year with a festive opening ceremony at the American University of Kuwait, which witnessed a remarkable turnout of program alumni, mentors, and new participants in this year's edition, in addition to representatives from both NBK and LOYAC. Kon is a five-week extensive program that encompasses educational activities, specialized training sessions, interactive discussions, online lectures, and virtual workshops all tailored to enhance and develop pioneering social programs in Kuwait. This year, 45 male and female students participated in the program between the ages of 12 and 16, and the opening day provided a unique opportunity for networking and exchanging experiences between different generations of social entrepreneurs. The aim of this program is to instill in the student skills of leadership and innovation by developing projects that serve society and contribute to its prosperity. Moreover, participants get the opportunity to learn from distinguished leaders at NBK as well as experts from different participating companies and institutions, who provide their knowledge and counselling for the program's competing projects. As part of the program's activities, Mohammed Al-Sarraf, Event Manager at NBK gave the students an orientation session which introduced them to concepts of social responsibility and highlighted NBK's diverse initiatives and programs across different sectors, including healthcare, education, environment, and youth support. Yaqoub Al-Baqer, Assistant Vice President of Public Relations and Event Management commented: 'We are pleased with our collaboration with LOYAC that embodies our joint vision and belief in the significance of investing in Kuwait's youth who, as we strongly believe, can make sustainable and positive change in society'. Al-Baqer added: 'This program is remarkably aligned with NBK's vision that aims to support the youth and expand their knowledge, further enabling them to develop projects that serve their society and provide innovative solutions for environmental, medical, and educational challenges'. Al-Baqer emphasized NBK's strong commitment and dedication towards enabling Kuwait's youth to become influential future leaders, as the bank diligently provides them with the necessary support and confidence to turn their ideas into purposeful projects. NBK is also very keen on constantly providing specialized training programs that invest in youth competencies and give them the opportunity to build promising futures. The program successfully concluded its activities on August 7, after which students benefited from extensive training sessions presented by experienced social entrepreneurship experts, as well as specialized discussions and virtual workshops. At the end of the program, the students competed in a final evaluation of their projects by which the judging committee chose the best three projects as per innovation, excellence, and quality standards. Under its commitment to social responsibility, NBK is always keen on supporting all society segments as well as volunteering non-profit organizations that promote youth education in preparation for a better future.
Al Bawaba
07-04-2025
- Business
- Al Bawaba
KIB warns of fraudulent schemes targeting users of the WAMD service
Kuwait International Bank (KIB) reaffirmed its commitment to enhancing banking awareness among its customers, as part of the 'Let's Be Aware' (Diraya) campaign, launched by the Central Bank of Kuwait (CBK) and the Kuwait Banking Association (KBA) in cooperation with local banks. The campaign aims to educate customers about the risks of banking fraud and to promote financial inclusion within the this context, the Bank warned of an increase in fraud attempts involving the WAMD instant transfer service. Scammers typically contact individuals, claiming they have mistakenly transferred funds to their accounts, and then request a refund through payment links sent via WhatsApp or SMS. These fake links are often designed to steal sensitive financial information, such as bank card details, OTP numbers, or login information for online or mobile banking services, leading to theft of money from customers. Mohammed Al-Sarraf, Assistant Manager – Anti-Fraud Unit at KIB, said: 'We are committed to protecting our customers from all forms of fraud and urge everyone to stay vigilant and report any suspicious payments to their bank immediately. They should also refrain from interacting with individuals claiming to have received funds by mistake. They should also avoid engaging with suspicious links received through social media.'Al-Sarraf added that KIB remains committed to educating customers on essential precautions when using the WAMD service—such as verifying recipient details and their phone number, confirming the transfer amount before sending, and saving the recipient's number in their contact list to ensure secure is worth noting that KIB consistently monitors emerging fraud tactics and works to keep customers informed by offering guidance and practical tips to help protect them from potential scams. The Bank also shares awareness materials across its social media platforms to ensure the Diraya campaign's messages reach the widest possible audience and to empower customers to navigate evolving banking challenges. These efforts reflect KIB's ongoing commitment to deepening its relationship with customers by fostering trust in its services and reinforcing the values of security and transparency in all banking transactions. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
