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ABK Inks Strategic Partnership with the International University of Science & Technology in Kuwait (IUK)

14 October 2021

ABK Inks Strategic Partnership with the International University of Science & Technology in Kuwait (IUK)

Following its efforts to foster education and provide cutting-edge digital financial solutions, Al Ahli Bank of Kuwait (ABK), announced its strategic partnership with The International University of Science & Technology (IUK). The signing ceremony took place on the University’s new campus, and was attended by Dr. Barakat Al Hudaiban, Chairman of the Board of Trustees, at IUK and Mr. Loai Mukames, CEO-Kuwait of ABK, Mrs. Yasmine Salamah, General Manager - Corporate Banking at ABK, Mrs. Johair Marafi, General Manager - Retail Banking and their respective teams.

The collaboration unites the two institutions’ shared values of excellence, leadership, service and trust to drive impact for IUK’s students, faculty and staff. ABK will support IUK students with a suite of services, including on-campus services during the registration period, exclusive salary transfers through ABK, an ATM on campus, and multiple other services.

Mr. Loai Mukames, Chief Executive Officer at ABK-Kuwait, said, “We are very pleased to sign this agreement with The International University of Science & Technology (IUK). The symbiotic relationship between ABK and IUK is significant in fostering the economic development of Kuwait. This is also the perfect opportunity for us to enhance the diffusion of knowledge, share innovative ideas, and ultimately employ from a wonderful pool of talent in the future. By supporting students leaning towards a career in the financial industry, we want to provide them with the required information so that they can make an informed decision about the direction they want to take once they graduate. Our teams are excited to be able to support the University with their corporate banking needs, as well as guide the students with their personal banking requirements.”

Dr. Barakat Al Hudaiban, Chairman of the Board of Trustees at IUK said, “We are extremely happy to partner with a steadfast financial institution such as ABK. We are also very confident that this collaboration will reaffirm our commitment to offering students an innovative learning opportunity to enhance their finance knowledge while also supporting them with their banking needs. Together, we look forward to building a strong pipeline of talent who will lead the transformation of the country into an economic and trade hub, in line with Kuwait’s 2035 vision.”