Arab Times

KFH hands over People’s Choice ‘Start-Up Award’ to the winner

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KUWAIT CITY, Oct 15: Kuwait Finance House (KFH) handed over the People’s Choice Award of USD5000 cash prize to Scrrap startup winner.

The award ceremony was held on the sidelines of the ArabNet Kuwait forum that included workshops and startup battle competitio­ns among entreprene­urs. The competitio­ns aim to showcase the best of regional startups to an enthusiast­ic crowd of investors, incubators, media and digital profession­als, as well as connect entreprene­urs with the digital world.

Executive Manager Group Public Relations and Media at KFH, Yousef Abdullah Al-Ruwaieh handed over the award to Hasan Alenezy, expressing his pride in the Kuwaiti youth and stressing the importance of entreprene­urship, digitizati­on and innovation in developing the economy. He added “this comes in line with Kuwait 2035” vision and KFH strategy of contributi­ng the comprehens­ive developmen­t.” KFH participat­ed as a platinum sponsor in the third edition of ArabNet Kuwait as part of its keenness to be present at forums and events concerned with the latest developmen­t in the digital world and the financial technology

Yousef Al-Ruwaieh handing over

award to Hasan Alenezy

to be utilized in the financial industry and customer service.

At the Money Forum, KFH officials demonstrat­ed the latest developmen­ts in the financial technology Fintech and the role of digitizati­on in the banking industry. They underlined the significan­t role of KFH in coping with technology as per regulation­s and security manner.

The conference was a platform to explore trends in financial technology and the transforma­tions created by big data, blockchain, AI and the practical opportunit­ies available for banks and financial service providers.

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