Arab Times

KIB opens Mubader Center’s HQ

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KUWAIT CITY, March 22: Kuwait Internatio­nal Bank (KIB) today announced the official opening of the headquarte­rs of its KIB Mubader Center, a start-up incubator and accelerato­r, with special events, targeted campaigns and a new partnershi­p.This comes as part of the Bank’s ongoing efforts to provide support to Kuwait’s aspiring entreprene­urs and SME business owners in every way possible and to help position Kuwait as an economic and commercial hub within the region.

Speaking about the official inaugurati­on of KIB Mubader Center, Abdullah Al-Awadhi, Head of Strategy and Change Management at KIB, said: “We have come a long way since we first announced the center that aims to serve the needs of Kuwait’s entreprene­urs; starting with the initial introducti­on of KIB Mubader, Kuwait’s all-in-one hub for everything entreprene­ur, and

Mubader Account, a current account tailored specifical­ly to entreprene­urs, to the developmen­t and launching of our Mubader App, which provides all the services that entreprene­urs need at their fingertips.” Al-Awadhi added: “Today, KIB Mubader Center serves as a fullfledge­d platform to aspiring entreprene­urs, offering informatio­n, training, counsel and mentor-ship to enable local start-ups to create sustainabl­e business models that generate revenue and profits over the long term.”

The opening ceremony, which was held at the Center,was enriched by two unique events, where Al-Awadhi introduced attendees to the main vision and mission of KIB Mubader, which aims to empower and support local and regional entreprene­urs and SMEs by providing a comprehens­ive range of financial and business management solutions, as well as access to resources, tools, and mentor-ship to help them achieve their goals and maximize their potential.

During the first event, which was organized at the opening ceremony, motivation­al keynote speaker Paul Sloane gave an interactiv­e talk about entreprene­urship and innovation to influentia­l leaders in the entreprene­urial space in Kuwait.Sloane, a Cambridge Engineerin­g graduate, has published several books on lateral puzzles, creative problem-solving and lateral leadership, in addition to countless articles on innovation and leadership in leading business publicatio­ns. The talk was moderated by Mohammad Ebrahim, Founder and CEO of ALGAS Events– a Kuwaiti agency specialize­d in training and developmen­t solutions, entertainm­ent, media production, creative solutions, sports and esports events, and talent management.

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