Arab Times

Gulf Bank announces commitment to Kuwait Vision 2035 ‘New Kuwait’

Bank welcomes Dr Khaled A. Mahdi

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KUWAIT CITY, Feb 2: Gulf Bank welcomed Dr Khaled A. Mahdi, Secretary-General of the Supreme Council for Planning and Developmen­t (SCPD) of Kuwait, at the bank’s Head Office to discuss Kuwait Vision 2035 “New Kuwait,” the national developmen­t plan that was developed by His Highness the Amir of Kuwait, Sabah Al-Ahmad Al-Jaber Al-Sabah. The purpose of the meeting was to discuss Gulf Bank’s role in financing current and upcoming national projects in order to achieve the country’s vision.

The Kuwait National Developmen­t Plan “New Kuwait” aspires to transform the country into a financial and trade hub that is attractive to investors. Under the new plan, the private sector leads the national economy, creating competitio­n and promoting production efficiency. The developmen­t plan also aims to drive government institutio­ns while safeguardi­ng cultural values and protecting social identities. The plan aims to develop the country’s human resources while providing stakeholde­rs with necessary infrastruc­ture, advanced legislatio­n and an inspiring business environmen­t.

Commenting on this, Dr Khaled A. Mahdi said: “I am pleased to see the engagement of the banking sector with Kuwait’s Vision 2035. Without a doubt the banking sector plays a pivotal role within this vision as per HH the Amir’s wishes to transform Kuwait to financial and trading hub”

Dari Al Bader, General Manager of Corporate Affairs at Gulf Bank, noted: “At Gulf Bank, we are aware of the impact of our role in achieving His Highness the Amir of Kuwait’s Vision 2035. We will spare no effort in collaborat­ing with relevant stakeholde­rs in both the public and private sectors in order to transform Kuwait into the financial and commercial center we aspire it to be.”

It is worth noting that the Kuwait Vision 2035 developmen­t plan includes multiple projects that have been funded, or continue to be funded, by Gulf Bank. These projects include the Jaber Al Ahmad Al Jaber Al Sabah Hospital, the Opera House at Sheikh Jaber Al-Ahmad Cultural Center, the new Kuwait University constructi­on project, and the Sheikh Jaber Causeway. Work is still underway for other projects, including: the Kuwait Internatio­nal Airport expansion, the Kuwait Petroleum Corporatio­n initiate environmen­tal fuel project, the clean fuels project, the South Al-Mutlaa City project, the Al-Zour Refinery project, the Municipal Solid Waste Treatment project, and more.

To learn more about “New Kuwait” Vision 2035, visit http://www.newkuwait.gov.kw/home.aspx. To learn more about Gulf Bank’s activities, customers can visit one of Gulf Bank’s 58 branches or log on to www.e-gulfbank.com. Customers can also contact the Customer Contact Center by calling 1805805 or direct their queries through the WhatsApp service on 65805805 for assistance and guidance.

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Dari Al Bader

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