KIB sponsors 6th Kuwait Industries Union EXPO

As part of its commitment to supporting and developing local industries, Kuwait International Bank (KIB) recently sponsored the 6th Kuwaiti Industries Union (KIU) Expo 2019. Organized by the Union in partnership with FourFest and Four Films Printing Group, the event was held under the patronage of HH the Amir Sheikh Sabah Al-Ahmad and took place at the Four Seasons Hotel Kuwait.

The exhibition was attended by a number of companies, industrial institutions and public entities, as well as investors in the sector, and SME entrepreneurs. In its latest edition, the exhibition aimed at shedding light on the most important developments witnessed by the local industry during recent years, in addition to the government’s commitment to promoting growth and development of this vital sector.

On this occasion, Senior Manager of the Corporate Communications Unit at KIB, Nawaf Najia said: “KIB’s sponsorship of this event came as part of its dedication to supporting local industries and SMEs. As a national financial institution, we always strive to contribute to reviving the industrial sector and creating an attractive investment environment for both local and international industries by meeting the needs of this sector through delivering innovative banking services and products.”

Najia added that, as part of its youth empowerment pillar, KIB has always sought to participate in activities and events that positively affect the local community, bringing it one step closer to diverse segments and youth. He also pointed out that this exhibition served as an excellent opportunity for all relevant parties to meet, those currently employed within the sector as well as others that are interested in the sector. Moreover, the exhibition enabled the exchange of expertise and the latest developments in a friendly, positive environment.

Since its beginnings, KIB has served as a key driver in national economic development. The Bank has established specialized departments to support and finance various economic sectors, such as the contracting sector, industrial projects and commercial activities. Additionally, KIB has established a unit focused on financing SMEs, as it believes they contribute to developing the local labor market and encouraging young local talents to innovate.