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Kuwait City, March 31: ABCK-AmCham Kuwait hosted a Tax April 13, 2021. ABCK-AmCham Kuwait in collaboration with the U.S. Commercial Service – Kuwait, and Al Tamimi & Company hosted a webinar on how to Franchise U.S. Brands, Investing in the U.S., and the Legal Aspects of Franchising. The virtual webinar was organized with the support of AmCham Dubai, and AmCham Oman. Read more...
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B2B Regional Speed Networking for ABCK-AmCham Kuwait Members and U.S. Chamber of Commerce affiliates in the GCC
April 11, 2021: ABCK -AmCham Kuwait in collaboration with the GCC AmChams held their first ever Regional Speed networking event, to foster new relationships among member companies throughout the network of U.S. Chamber of Commerce affiliates in the GCC (AmChams)
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ABCK-AmCham Kuwait, and Microsoft for Startups host a Regional Webinar on ‘Achieving Growth with Microsoft for Startups.’
April 19, 2021. ABCK-AmCham Kuwait in collaboration with Microsoft hosted a regional webinar on ‘Achieving Growth with Microsoft for Startups’. The virtual webinar was organized with the support of AmCham Abu Dhabi, AmCham Bahrain, AmCham Oman, and AmCham Qatar. Read more...
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ABCK-AmCham Kuwait Commits their Support to the United Nations’ Women Empowerment Principles
April 27,2021: ABCK -AmCham Kuwait has become one of the signatories for the United Nations’ (UN) Women Empowerment Principles (WEPs), supported by its Women in Business Focus Group, chaired by Dr. Arezou Harraf. ABCK-AmCham Kuwait joins almost 4,800+ global signatory companies, and 30 signatory companies in the state of Kuwait, which are part of supporting and advancing the WEPs.
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The 8th annual SelectUSA Investment Summit to be held June 7-11, 2021, will promote the United States as the world’s premier investment destination and connects qualified foreign firms with U.S. economic development organizations (EDOs) to facilitate business investment and job creation.
This year’s virtual SelectUSA Investment Summit will draw high-caliber attendees to help participants connect and create new pathways to business deals and opportunities. SelectUSA Investment Summit participants include:
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EDOs on hand to share business location intelligence.
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Pre-vetted potential investors actively seeking business opportunities in the United States.
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Relevant service providers that can help investment possibilities become realities.
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C-Suite executives and U.S. government officials who can discuss the latest policy and business trends.
For more information about the submit and the registration process, please contact the Commercial Section of the U.S. Embassy in Kuwait
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Hill congratulates our new President of the company’s Americas Region, Mike Smith. Smith previously served as Hill’s Senior Vice President and Western Regional Manager. The Western region was Hill’s largest and most successful U.S. profit center in 2020, and is home to many of Hill’s largest and most complex long-term assignments. Read more....
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Kuwait cenbank says it has told banks to appoint Kuwaitis in leadership roles
DUBAI (Reuters) - Kuwait’s central bank said on Wednesday on its website it has instructed local banks to appoint Kuwaitis in “leadership positions”, as part of a drive to create more job opportunities for the country’s own nationals. Click to read more
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New PAM services go online
KUWAIT CITY, May 1: The Public Authority for Manpower (PAM) has announced the addition of four new online services on its website — www.manpower. gov.kw — for workers to submit a request to transfer the work permit to another type of visa, reports Al-Rai daily. According to the authority, the Labor Relations Department will review the visa transfer application before it is processed. Click to read more
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Two million vaccination target set for end-June
KUWAIT CITY, May 1: With the acceleration of the coronavirus vaccination campaign in the country, the number of vaccinated individuals is expected to increase to two million by the end of June or early July at the latest, reports Al-Rai daily quoting reliable sources. While affirming that the country will continue monitoring the vaccination rate daily, sources revealed the Pfizer vaccine shipments arrive weekly and the third shipment of Oxford vaccine is expected to arrive next month. Click to read more
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CSC says to create jobs for ‘Kuwaiti engineers’
KUWAIT CITY, April 29: The Civil Service Commission (CSC) has vowed to create job opportunities for Kuwaiti engineering graduates registered in the Central Employment System as soon as possible, reports Al-Jarida daily. Director of the Job Arrangement Department at CSC Aisha Al-Mutawa affirmed that the commission will provide job opportunities for 2,670 engineers with various specializations as per the regulations. Click to read more
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‘IMMUNE’ app launched to obtain COVID-19 vaccine certificate
KUWAIT CITY, April 29: The Information Systems Department of the Ministry of Health has launched the “IMMUNE” app for viewing and downloading COVID-19 vaccination certificates, reports Aljarida daily. On its Twitter account, the ministry affirmed that it is possible through this app to download vaccination certificates and view the vaccination status of vaccine recipients using the following links -IOS download – https://apps.apple.com/us/app/immune. Google Play Store download – https://play.google.com/store/apps/ details?id=com.mohkuwait.immune.
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Total curfew plan ruled out
KUWAIT CITY, May 2: Chairman of the Supreme Advisory Committee for the Coronavirus Pandemic Dr Khaled Al-Jarallah said the total curfew plan has been ruled out as the partial curfew led to improvement of the epidemiological situation in the country, reports Al-Rai daily. Al-Jarallah also stressed the importance of adhering to health regulations and regulating vaccination doses in order to achieve community immunity soon. Click to register
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SpaceX returns 4 astronauts to Earth with rare night splashdown
The Dragon capsule parachuted into the Gulf of Mexico off the coast of Panama City, Florida, just before 3 a.m., ending the second astronaut flight for Elon Musk’s company.
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DOE Announces $12 Million to Advance Geothermal Energy Technologies
WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced up to $12 million for technologies that can make geothermal systems more efficient for clean, renewable energy production. This funding will help scientists and engineers unlock the full potential of geothermal power to help tackle the climate crisis, and achieve the Biden Administration’s goal of net-zero carbon emissions by 2050.Click to read more...
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Honeywell commits to carbon neutrality in operations and facilities by 2035
The company has already reduced the greenhouse gas intensity of its operations and facilities by more than 90% since 2004.
Honeywell has committed to become carbon neutral in its operations and facilities by 2035 through a combination of further investment in energy savings projects, conversion to renewable energy sources, completion of capital improvement projects at its sites and in its fleet of company vehicles, and utilization of credible carbon credits. Read more...
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Kuwait’s Communication and Information Technology Regulator issues Data Protection Regulation for Service Providers
Kuwait’s Communication and Information Technology Regulatory Authority (“CITRA”) has issued Resolution No. 42 of 2021, Concerning Data Privacy Protection Regulation (“Data Privacy Protection Regulations” or the “Regulations”). The Regulations are effective as of their publication date, which was on 4 April 2021, and affect both public and private sectors.
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Fortinet has AGAIN been named a Customers’ Choice in the April 2021 Gartner Peer Insights ‘Voice of the Customer’: Network Firewalls report!. Read more...
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Kuwait Bankers Club Union thanks Mr. Ahmed Al-Sayrafi, Director General of Millennium Hotel and Conference Center Kuwait, and Mr. Adel Al-Sayed, Director of Sales Department at the hotel, for hosting the vaccination campaign for bank employees and hotel employees under the slogan of vaccination "a national duty" inside the hotel over a period of two days, which culminated in the success of the campaign As he witnessed a massive turnout of bank and hotel employees to get
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Al Ahli Bank of Kuwait (ABK) Announces a Net Profit of KD 7.1 Million for the First Quarter 2021
Al Ahli Bank of Kuwait (ABK) announced a Net Profit of KD7.1 Million for the first quarter of 2021, an increase of 18 percent compared to the same period last year. ABK’s balance sheet remains healthy with strong capital and liquidity reserves. Capital Adequacy Ratio was 17.78 percent, while Total Equity stood at KD 594 Million. The Non-Performing Loans (NPL) ratio was 2.2 percent with a coverage ratio of 275 percent. Read more...
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We live in a digital age. How we communicate, shop, entertain ourselves, take care of our health and order groceries, all look significantly different than how we would have done it just 20 years ago. Banking and finance is also changing. And so is money.
We already have digital money – trillions move every day, electronically. But are we on the cusp of Digital Money 2.0? Read more...
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Click here to know more about the Ramadan Offers from our Member Hotels.
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ABCK-AmCham Kuwait Job Center
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