kipco targeting to double profit by 2018

KIPCOLifeThe magazine of the Kuwait Projects Company (Holding) Iss

ue 4

9: A

pril

2015

KIPCO targeting to double profit by 2018

Contents

Head Office: Kuwait Projects Company (Holding)P.O. Box 23982 Safat 13100 Kuwaitwww.kipco.comFor inquiries please call (+965) 2294 3423 or email [email protected]

2 KIPCOtargetingtodoubleprofitby2018

6 MayorofLondonvisitsKIPCO

7 KIPCOGroup’sInternalAuditteamholdsannualconference

8 QPICmarks10-yearsuccessstory

9 TAKAUDpartnerswithBahrain’sCapitalGovernorate

12 URC’suniqueAswarResidencesprojectinEgypt

27 MrSadounAli:QPIC’sinvestmentsarefinanciallystable

34 OSN…Innovatingsuccess

KIPCOLifeThe magazine of the Kuwait Projects Company (Holding) Iss

ue 4

9: A

pril

2015


22


KIPCO, during its annual Investors’ Forum, said that the company targets to double its 2014 profit by 2018. This will be driven by growth in operating profits of its underlying entities and a lower cost of debt.

KIPCO SHAFAFIYAH

Mr Faisal Al Ayyar (center) heading the General Assembly; with Group SVP - Finance & Operations, Mr Mazen Hawwa (left), and Mr Waleed Al Osaimi of Al Aiban, Al Osaimi & Partners

3

During the forum, KIPCO presented a review of 2014 and its current outlook for the next four years to an audience of shareholders, financial analysts and institutional investors. The forum followed the company’s General Assembly meeting where KIPCO shareholders approved a cash dividend of 25% (25 fils per share).

Review of 2014As part of its review, KIPCO said that 2014 was its twenty-third consecutive year of profitability. The company achieved its objectives for the year and

delivered on its promise of double-digit growth.

KIPCO’s operating profit in 2014 increased 26% to KD 166 million (US$ 567 million), compared to KD 132 million (US$ 451 million) in 2013. The company’s total revenue from continuing operations increased 16% in 2014 to stand at KD 598 million (US$ 2 billion), compared to the KD 514 million (US$ 1.76 billion) reported in 2013.

KIPCO’s Vice Chairman (Executive), Mr Faisal Al Ayyar said, “In last

year’s Shafafiyah Investors’ Forum, we expected double-digit growth to become our underlying financial trend, and our main companies delivered on that promise. Burgan Bank’s net profit increased by 207% and OSN’s by 66%. QPIC’s net profit increased by 22%, while that of GIG jumped to 18%. URC and UGB’s revenues increased by 23% and 163% respectively in 2014. These results reflect the strong performance indicators in our core sectors. They also reflect the Group’s approach of building scale, capabilities and footprint while maintaining sound profitability levels.”

2014 is Kipco's twenty-third

consecutive year of profitability

KIPCO SHAFAFIYAH

4

OutlookKIPCO expects that its portfolio of core companies which includes Burgan Bank, OSN, GIG, UGB, URC, QPIC, SADAFCO and United Education Company will continue to deliver growth over the next four years. In the case of OSN, KIPCO sees enormous potential for continuing growth in the number of customers, revenue and profits based on the favorable demographics of OSN’s target base and its world-class customer propositions. The cumulative dividend potential of OSN over the next five years could reach around US$ 1 billion. OSN is expected to distribute US$ 100 million to its shareholders during 2015, subject to approvals.

Commenting on the outlook for 2015, Mr Al Ayyar said, “We enter 2015 with profitable and growing businesses across the sectors in which we operate. Our target is to double our 2014 profit by 2018, driven by underlying operating

KIPCO SHAFAFIYAH

During the press conference that was held following the Shafafiyah Forum

Attendees of the General Assembly and Shafafiyah Forum

5

profit growth in our core companies, particularly those in the financial services and media sectors, and lower the cost of debt. Indicators point to gradual local and regional economic recovery and our companies are poised to benefit from this improvement in their respective markets and to continue to be profitable and dividend paying in 2015 and beyond.”

Results for 2014Earlier in the year, KIPCO had announced a net profit of KD 46.1 million (US$ 157.4 million), or 33 fils (US$ 11.3 cents) per share for the year ended 31 December, 2014. The results reflect an increase of 15% on the KD 40.1 million (US$ 137 million), or 27.92 fils (US$ 9.5 cents) per share, reported in 2013.

The Group’s core sectors, which include banking, media, real estate

and insurance, posted significant performance growth trends. In the banking sector, Burgan Bank continued to achieve strong profitability, while OSN, continues its path on the course of revenue increase, while enhancing overall customer experience.

KIPCO’s fourth quarter profit (for the three months ended December 31, 2014) came to KD 14.3 million (US$ 49 million), an increase of 2% on the KD 14 million (US$ 48 million) profit achieved in the same period of 2013.

Significant growth trends in all core

sectors“ “

KIPCO SHAFAFIYAH

From left: GM of GIRC, Mr Tareq Al Sahhaf; CEO of KAMCO, Mr Faisal Sarkou; KIPCO’s CEO – Investment, Mr Tariq AbdulSalam; Chairman of GIG, Mr Farqad Al Sane; Group CEO of GIG, Mr Khaled Al Hasan; Mr Faisal Al Ayyar; CEO of UFM, Mr Ahmed Al Kandari; and GIG Corporate Communications & IR Manager, Mr Khaled Al Sanousi

Mr Faisal Al Ayyar

6

KIPCO NEWS

UIC has officially delisted from the KSE following approvals from concerned authorities. KAMCO was appointed as financial advisor to the overall process.

Sheikh Khalifa Al Abdullah Al Jaber Al Sabah, UIC’s Chairman said, “The decision to delist was taken after carefully examining that the book value per share is greater than its market value.”

“This decision will not impact the transparency approach with UIC’s shareholders, and we will continue to hold our annual ‘Shafafiyah’ Investors’ Forum which is held by KIPCO and its operating companies in the interest of transparency,” added Al Sabah.

KAMCO announced during its recent extraordinary general assembly, that its commercial name has been changed from KIPCO Asset Management Company (Kuwaiti Shareholding Closed Company) to KAMCO Investment Company (Kuwaiti Public Shareholding Company).

KAMCO’s Vice Chairman, Ms Entisar Al Suwaidi said, “Changing the name of the company comes as part of identifying the KAMCO brand as a leading asset management and investment banking organization across the local and regional markets.”

“Our shareholders and management believe that this change will further strengthen the company’s brand image in line with its planned strategic growth initiatives,” added Al Suwaidi.

KAMCO modifies its name

Ms Entisar Al SuwaidiSheikh Khalifa Al Abdullah Al Jaber Al Sabah

UIC voluntarily withdraws from KSE

Mayor of London visits KIPCO

KIPCO’s Vice Chairman (Executive), Mr Faisal Al Ayyar, welcomed Lord Mayor of the City of London, Mr Alderman Alan Yarrow, and the Sheriff of the City of London, Ms Fiona Adler.

During the meeting, which was

attended by KIPCO’s senior management, the two sides discussed opportunities for mutual collaboration.

The Mayor was heading a high ranking delegation of British businessmen and representatives of financial and

investment institutions on an official visit to Kuwait to promote investment partnership prospects between the two countries.

KIPCO senior management, headed by Mr Al Ayyar (ninth from right), with the Lord Mayor of the City of London (ninth from left) and his accompanying delegation to Kuwait

7

KIPCO NEWS

KIPCO Group’s Internal Audit team held its 13th annual conference in December 2014, this year hosted by UGB. Twenty seven attendees, drawn from Group companies across the region, were welcomed by the Group Chief Audit Executive, Mr Moshen Ali Husain.

In his opening remarks addressing the conference, Mr Husain said, “With the continuous focus on governance, risk and compliance locally and worldwide, the role of internal audit has widened to include the role of a trusted consultant rather than just an assurance provider, and with continuous evolution in the markets and changes in regulations, the assurance provided by internal audit has become more critical and valuable. Therefore, it is important that we, the internal auditors, are always up-to-date with new regulations and ensure that our audit plans are modified focusing on significant risk exposures to incorporate the necessary work we need to do to add value to our organizations and help management to mitigate the risks.”

Mr Husain also welcomed all the new internal auditors who were attending the conference for the first time, especially from SADAFCO, URC and Burgan Bank.

The conference hosted guest speakers from PricewaterhouseCoopers who gave a presentation on governance trends shaping the board of the future. The topics covered included updates and legislative changes in the Foreign Account Tax Compliance Act (FATCA) presented by Ms Deepa Chanrdasekhar, the COSO revised internal control framework, internal audit and cloud computing, KPMG’s 2014 global audit committee survey, GRC: a single version of the truth, the role of internal audit in mitigating fraud and eputation risk, the fraud resistant organization, internal audit’s reliance on operational risk outcomes, and new internal audit practice guides. The attendees also discussed general internal audit concerns and training requirements.

KIPCO Group’s Internal Audit team holds 13th Group annual conference

Participants during the annual internal audit group meeting

8

KIPCO NEWS

AUK’s Board of Trustees held the first session of its biannual meeting for the year 2015 to review semi-annual reports, highlight administrative and academic developments and affairs, discuss budget updates, and the President and Dartmouth-AUK reports.

Board members went over AUK’s international program accreditations, academic planning and program development, as well as admissions and enrollment updates. Reports from the Executive Committee, Academic Affairs Committee and the President’s State of the University noted the development in various areas of faculty recruitment, the status of campus facilities and AUK’s ongoing partnership with Dartmouth College.

AUK’s Board of Trustees includes Sheikha Dana Nasser Sabah Al Ahmad Al Sabah, Founder and Chair of AUK; Mr Meshal Ali, Co-Founder and Vice Chair of AUK; Mr Wael Abdul Ghafoor, Co-Founder of AUK; Mr Faisal Al Ayyar, KIPCO’s Vice Chairman; Mr Samer Khanachet, KIPCO’s Group Chief Operating Officer; Dr Thomas Bartlett, Former President of Colgate University and American University in Cairo (AUC); Dr Tim Sullivan, Professor and Provost Emeritus, AUC; Dr Walid Moubarak, Director of the Institute of Diplomacy and Conflict Transformation, Lebanese American University; Professor Dr Nizar Hamzeh, AUK’s President; and Dr Dale Eickelman, Relationship Coordinator (Director), the Dartmouth College-AUK Program.

AUK Board of Trustees holds biannual meeting

QPIC celebrated its 10th year of successful partnership with Kuwait Petroleum Corporation (KPC) and its subsidiaries and affiliates. The celebration was attended by leading decision makers and senior executives across the country’s oil, gas and petrochemical sectors.

H.E. Dr Ali Al Omair, Kuwait’s Minister of Petroleum, State Minister of National Assembly Affairs and KPC Chairman, was the guest of honor.

Sheikh Mubarak Abdullah Al-Mubarak Al-Sabah, QPIC’s Chairman said, “We are proud to celebrate the company’s achievements throughout the past 10 years. QPIC represents a successful partnership that started as an initiative by the Kuwaiti government to encourage the private sector to invest in the petrochemicals industry. This has resulted in a number of leading investments that we are proud to be a part of today, and wish for another decade of success.”

Mr Sadoun Ali, QPIC’s Vice Chairman and CEO said, “We continue to create partnerships that aim at enhancing the company’s position across the petrochemical industry. A prime example is EQUATE Petrochemical Company and The Kuwait Olefins Company, which are regarded amongst the most successful Public Private Partnership models in Kuwait’s petrochemical sector.”

QPIC marks 10-year success story

From left: Dr Walid Moubarak, Dr Dale Eickelman, Sheikha Dana Nasser Sabah Al Ahmad Al Sabah, Dr Thomas Bartlett, Dr Tim Sullivan and Mr Samer Khanachet

UFM’s CEO listed on POWER 50

Sheikh Mubarak Abdullah Al-Mubarak Al-Sabah (center, left) presenting a token of appreciation to H.E. Dr Ali Al Omair

Mr Ahmad Al Kandari, Vice Chairman and CEO of UFM, was selected amongst the top professionals in Facilities Management Middle East magazine’s POWER 50 list for the second consecutive year.

Al Kandari said, “As the facilities management industry led by the management of real estate properties continues to grow, we believe that it’s extremely important to apply and implement the new trends in this area to meet the expectations of our customers.”

Al Kandari, a veteran in the real estate and facilities

management industry, has been successfully leading UFM and establishing it as a major facilities management provider in Kuwait. Under his leadership, UFM has grown to include over 3,000 employees employed across the GCC.

Feature on Ahmed Yousef Al Kandari

9

KIPCO NEWS

Mr Luc Métivier (second from left) and H.E. Shaikh Hisham Bin Abdulrahman Al Khalifa (third from right) during the meeting

TAKAUD partners with Bahrain’s Capital Governorate

KAMCO advises Burgan Bank on its capital increase transaction

TAKAUD has organized a series of

financial education workshops in

collaboration with the Bahrain Capital

Governorate in an effort to enhance

public perception on financial planning

and the need to save.

As part of the initiative, Bahrain’s

Mr Métivier said, “The Capital

Governorate is known for its

distinguished active social programs

across the local community. Our

mission is to help empower people to

prepare for their long term financial

future and success in achieving their

personal life aspirations.”

KAMCO was appointed as the financial

advisor to Burgan Bank’s capital

increase process.

Burgan Bank’s CEO, Mr Eduardo Eguren

said, “KAMCO played an important

role during this transaction which

included facilitating an overall smooth

process when dealing with concerned

authorities. The company and Burgan

Bank share a successful track record

of joint partnerships in a number of

projects.”

KAMCO’s CEO, Mr Faisal Sarkhou

also said, “Our work with Burgan

Bank reflects the synergy both

organizations enjoy, and highlights

KAMCO’s overarching strategy towards

maintaining its leadership position in

local and regional asset management

and investment markets.”

Capital Governor, H.E. Sheikh Hisham

Bin Abdulrahman Al Khalifa, met with

TAKAUD’s CEO, Mr Luc Métivier, and

TAKAUD’s Chief Distribution Officer, Mr

Loay Ragheb, to discuss opportunities

for mutual cooperation across social and

cultural initiatives.

Mr Eduardo Eguren Mr Faisal Sarkhou

10

Mr Mohammad Al Hajj (third from right) with representatives from the PBC during the signing ceremony

Gulfsat offers broadcasting services in Palestine

KUCM extends KNPC contract to mid-2016

Gulfsat Communications partnered

with the Palestine Broadcasting

Corporation (PBC) by offering

satellite broadcasting capacity that

accommodates up to 45 megabytes.

Mr Mohammad Al Hajj, Gulfsat’s

Chairman and CEO said, “The

agreement, which provides increased

capacity to Palestinian TV channels

by orbiting at eight degrees adjacent

to Nile Sat’s orbital position, gives

Dr Riyadh Al Hassan, President of

the Palestinian Information Authority

said, “This is a momentous occasion in

Palestine’s media and communications

sector. The new satellite, ‘Sat Pal’,

allows Palestine to use around 20

stations, where the PBC will utilize five

to six stations that include news and

sports channels as well as Palestine

48.”

Kuwait United Construction

Management Company (KUCM), a

URC subsidiary, has extended its

contractual agreement with Kuwait

National Petroleum Company (KNPC)

for the Main Support Emergency and

Operation Center Project at Ahmadi

until mid-2016.

more room for television networks and

broadcasting radio channels to operate

across the MENA region.”

“The new service acquired by PBC

includes a range of added value benefits

such as a non-disruptive secured

frequency, where connections are made

through fiber optics that are connected

from Ramallah to the designated

station,” added Mr Al Hajj.

The agreement was marked with a dinner

celebration at Safir Hotel & Residences

Kuwait – Fintas, and included URC’s

Chairman, Mr Tariq AbdulSalam, KUCM’s

CEO, Eng Gamal Alnomiry, and KNPC

representatives.

Mr Tariq AbdulSalam said, “The contract

extension is a testament to the high

standards that KUCM has maintained

in existing projects, and is a strong

indicator of the successful partnership

that we have forged with KNPC.”

Representatives of KUCM and KNPC at the dinner celebration

KIPCO NEWS

11

KIPCO NEWS

Arab Orient Insurance held its annual meeting to review

the company’s activities and achievements in 2014. The

meeting served as a platform to agree on and approve

objectives for the current year.

The meeting was headed by Mr Isam Abdelkhaliq, Arab

Orient Insurance’s CEO, who provided valuable insight on

the company’s strategic plans and way forward to members

of the Executive Committee, managers and general staff.

Arab Orient holds annual staff meeting

GIG launched a range of

new tools on its website

to enhance its overall

investor relations (IR)

practice. The Group’s

IR solutions help

facilitate the process of

following and analyzing

performance through

annual and quarterly

key figures, as well as

updated share information tools and fact sheets.

Mr Khalid Al Sanousi, GIG’s Corporate Communications and

IR Manager said, “The new IR tools help provide shareholders

and other stakeholders with transparent and a consistent

flow of information, while giving a detailed insight into our

operations. Transparency is a core value of our business,

allowing us to communicate stock related information while

adhering to market authority regulations and delivering on a

best practice IR policy.”

GIG launches new IR tools

Arab Orient Insurance’s team during their annual meeting

TAKAUD sponsors Bahrain’s annual HR Management Summit

Mr Khalid Al Sanousi

Mr Luc Métivier (third from right) and H.E. Dr Abdulhussain Bin Ali Mirza (center) with participating delegates during the event

TAKAUD sponsored the sixth annual HR Management

Summit. The event, which was held under the patronage

of H.E. Dr Abdulhussain Bin Ali Mirza, Bahrain’s Minister of

State for Electricity and Water Affairs, included a wide range

of topics such as talent management, reward schemes,

employee value proposition and performance incentives.

During the event, TAKAUD emphasized the significance and

ability of companies to recruit, reward and retain their key

talent for success and sustainable growth.

Mr Luc Métivier, TAKAUD’s CEO said, “Such events are

important platforms to highlight best practices and policies

companies should be implementing to deliver an overall

added value. The employment market is changing across

the region. Employers must be more innovative in terms of

their employee reward systems.”

1212

KIPCO NEWS

URC has pooled in its expert knowledge, creative design, comprehensive expertise with commitment and highly effective communications to offer its customers in Egypt an extremely innovative project, Aswar Residences. Its aim is to provide a unique development that resonates within the Egyptian community and one that positively improves its real estate offering.

For families seeking residential opportunities in Egypt’s thriving modern city of New Cairo, Aswar Residences is a community of 75 villas, with average built-up areas starting from 530 sqm up to 765 sqm per villa, providing residents with security, space and privacy.

It is close to the American University of Cairo, Dar Al Shiffa Specialized Clinics, Carrefour, El Akkad Hospital, Cairo International Airport and central downtown Cairo.

With 24 hour security, the project is comprised of three story villas, a sumptuous range of landscape gardens, the widest variety of facilities, outdoor swimming pool, children’s play

URC’s Aswar Residences introduces new levels of creativity, innovation and modernity

area and a clubhouse with a fully equipped gymnasium and locker room.

Each villa in Aswar Residences includes a minimum of three bedrooms and a basement level, designed to accommodate a parking garage, multipurpose room, and an additional room with a bathroom. Villas are divided into four clusters with 16 to 24 villas per cluster.

Aswar Residences, which is expected to be completed in 2015, is located in Egypt’s New Cairo’s fifth settlement, Gamal Abd El Nasir Street, East Lotus Area. The arrangement of the properties and their strategic placement provides privacy for each home while allowing access to the main inside roads for each circulation.

KIPCO Group employees can avail exclusive offers for Aswar Residences. Those interested, are encouraged to contact URC’s Sales and Leasing Department to learn more about the opportunities available.

1313

KIPCO NEWS

QPIC acquires new HQ at KIPCO Tower

Mr Sadoun Ali (left) during the signing ceremony with Mr Ahmed Al Sumait

QPIC acquired its new headquarters at KIPCO Tower. The company’s new premises, located on the 26th floor, boasts a 920 sqm of ideal working environment equipped with the latest and most advanced business tools.

Mr Sadoun Ali, QPIC’s Vice Chairman and CEO said, “Acquiring the company’s new HQ is a strategic decision that reflects many benefits. We are committed to providing a friendly working atmosphere in one of the country’s most prestigious and technologically advanced towers. The initiative also reflects the synergy and trust amongst group companies, particularly United Towers Holding Company.”

Mr Ahmed Al Sumait, Chairman and CEO of United Towers Holding Company also stated, “QPIC’s decision to acquire their new office reflects the utmost care in the quality of services provided to our tenants.”

Burgan Bank introduced a new service that allows customers applying to any of the bank’s debit or credit cards to receive them instantly and choose their own PIN in an efficient and secure manner.

The bank developed a dynamic issuance system that permits customers to receive their personalized debit and credit cards on the go at selective branches that include the main branch, Adaliya, Shuwaikh Industrial Area, Jahraa 2, Airport, Salmiya, Farwaniya and Rigga. The facility to select and change the cards’ PIN is available across all branches.

Burgan Bank introduces new service

FIMBank recently launched its Easisave US Dollar savings account and fixed term deposits. The new service enables customers to open online savings account and fixed term deposits while benefitting from competitive interest rates.

The Easisave platform is easy, flexible and secure. It allows Burgan Bank account holders in Kuwait, Turkey and Jordan to interlink their existing Burgan Bank accounts with an Easisave account.

Customers can open their savings accounts and fixed term deposits in either the Euro or US Dollar currencies by logging on to Easisave.com. The minimum requirement for fixed term deposits is EUR 1,000 or US $1,000, giving more room to smaller savers who wish to open an account within European Union remits.

FIMBank launches new service

14

KIPCO NEWS

AUK’s Center for Continuing Education (CCE) launched its first leadership and supervisory skills certificate program, Emerging Leaders. The program is offered exclusively for corporates on a customized basis and accommodates various developmental needs for middle management professionals across any industry sector.

The purpose of this program is to unlock business potential by examining the complex role of leaders through interactive, action oriented team engagement activities. It aims to build their core functional skills and develop an individual leadership philosophy.

The program examines participants’ strengths as individual leaders, helps develop necessary management communication skills, and achieve different learning objectives through specific projects drawn from their very own industry sector.

Participants do not have to be managers in their companies. The approach used in this program is represented in a concentric model, with the employee as the innermost circle of the model and the leadership skills acquired throughout the program as the surrounding circles.

Participants in the program study different modules that include defining leadership, communication in the workplace, building and leading high performance teams, conflict resolution, exceptional customer care, creative problem

AUK’s CCE launches leadership program

solving, motivational leadership and achieving successful results.

Upon completion, participants receive a professional certificate from the CCE.

The Emerging Leaders Model

15

KIPCO NEWS

Safir Hotel & Residences Kuwait – Fintas participated in HORECA Kuwait for the second consecutive year.

During the event, the hotel was recognized in 10 categories, winning two gold, one silver and six bronze medals. Mr Saif Eddin Mohammed, the hotel’s GM, awarded winners with certificates of appreciation and gift vouchers.

HORECA Kuwait is a comprehensive event covering the hospitality, catering and food industry sectors in Kuwait and the GCC.

Safir Fintas participates in HORECA Kuwait 2015

GIG’s subsidiary, Gulf Insurance and Reinsurance, participated in the third annual Kuwait Yacht Show 2015 as the official insurance partner. The exhibition, which was held at the Marina Crescent, featured a host of international marine brands and dealers.

Mr Khalid Al Sanousi, GIG’s Corporate Communications and IR Manager said, “The Kuwait Yacht Show provided an excellent opportunity for visitors to explore a variety of insurance schemes for their boats and yachts. Our participation is based on the company’s underlying commitment to provide customers with the best possible insurance solutions.”

GIG participates in Kuwait Yacht Show 2015

Safir Fintas winners with Mr Saif Eddin Mohammed

JKB organizes leadership development program

Kuwait’s Minister of Finance, H.E. Mr Anas Al Saleh (far left) with the GIG team

The instructor during the training session

JKB organized a leadership development training program for its branch managers and representatives of different departments.

The program, ‘Lead Like a Pro’, focused on self-development, institutional leadership, innovation, planning and methods of

guidance, problem solving, managing errors and nurturing motivational skills.

The training course included a range of simulative and interactive activities that illustrated the overall objectives of developing leadership skills across the sectors.

16

KIPCO NEWSKIPCO NEWS

United Building Company (UBC), a fully owned subsidiary of URC, signed a mega contract with Kuwait’s Ministry of Justice to construct the new Public Prosecution’s Headquarters. The value of the company’s deal amounts to KD 24,547,000 and is the largest since its re-establishment in 2011.

The project, which is expected to be completed by March 2017, consists of three basement levels, a ground floor, nine typical floors, a service level and a roof. The new building will be built over 70,000 sqm and includes a parking space that accommodates more than 580 cars.

The building enjoys a strategic location in the heart of Kuwait City on Jamal Abdul Nasser Street, facing the Gulf Road, providing ease of access from different roads. It is expected to drive a positive impact across its surrounding geographic area with a complete enhancement in the district’s infrastructure to meet the building’s requirements.

Moreover, UBC has successfully completed and delivered four residential buildings to Al Diyea Real Estate Company in Hawally. The project reflects the company’s efforts to accommodate the growing residential real estate sector in Kuwait. It represents a strong investment opportunity due to the increased demand on residential real estate projects.

Each of the buildings includes 24 apartments across nine floors, two service elevators and 48 parking spaces. The apartments, which range between 75-100 sqm, include two bedrooms, two

UBC engages in prominent construction projects across Kuwait

bathrooms, a living room, and a fully furnished kitchen.

UBC continues to strengthen its position in the field of engineering, construction and contracting. The company is committed to making a strong and successful contribution to the contracting sector by submitting tenders to meet the requirements of upcoming projects that are considered an integral part of the country’s overall infrastructure.

Residential buildings in Hawally

The Public Prosecution’s HQ

17

KIPCO NEWS

GIG organized a comprehensive workshop on claims reserving for its employees in Kuwait and the region. The session was developed by Actuarial Group, an education quality certified company, and conducted by its MD, Mr Luis Portugal.

The objective of the workshop was to help participants understand the features and restrictions of claims reserving, learn about the advantages and disadvantages of reserving methods, calculating claims reserves using excel across all

methods, understanding the concepts of stochastic methods and its varied functions, and learning about solvency approach claims reserves.

GIG organizes specialized workshop

Participants interacting during the workshop

AUK recognizes its faculty

Faculty members with Professor Dr Nizar Hamzeh (front row, sixth from left)

AUK organized its annual faculty recognition event to celebrate scholarly contributions made by its faculty members. The event was attended by Mr Samer Khanachet, Member of AUK’s Board of Trustees and KIPCO’s Group Chief Operating Officer, and Dr Jawad Behbehani, Dean of the College of Dentistry at Kuwait University.

Professor Dr Nizar Hamzeh, AUK’s President said, “AUK continues to provide conference funding and research grants in support of faculty professional development. Our research and scholarship productivity has increased by 30% from that of the previous year.”

AUK recognized 62 faculty members

whose research and creative work produced four books, seven book chapters, 45 journal articles, four book reviews, 90 conference papers, and 28 exhibitions, designs and performances. AUK also recognized faculty members who received external grants and fellowships.

18

KIPCO NEWSKIPCO NEWS

QPIC wins governance award

JKB won four important accolades in 2014 by Global Banking

and Finance Review (GBAF). The awards demonstrate its

leading position as a bank of choice to its customers, while

being an integral part of the Jordanian society.

The bank won the ‘Best Core Banking Implementation in

Jordan 2014’ award for successfully rolling out the ICS

BANKS system across its branches and departments. The

comprehensive system guarantees the highest standards

of confidentiality and security while conducting any banking

transaction.

Committed to offering a broad range of innovative banking

products and financial solutions, JKB won the ‘Best Retail Bank

in Jordan 2014’ award. This recognition highlights the bank’s

advanced infrastructure, e-branch setups, ATM network, and

overall customer experience.

JKB’s private banking unit also won the ‘Best Private Bank in

Jordan 2014’ award. The award is a testament to the bank’s

ability to build strong relationships with international banking

and financial institutions while providing clients with a broad

array of services and wealth management consultancy that

ensures high returns.

The bank’s social activities across Jordan were also recognized.

JKB won the ‘Best CSR Bank in Jordan 2014’ award for its

continuous efforts and contributions to supporting the local

community and becoming the partner of choice with national

organizations.

JKB wins big

Mr Sadoun Ali (center) receiving the award

QPIC ranked second place in the ‘Excellence Award in Governance’. The award was part of the Annual GCC Governance Conference, which was held under the theme of ‘The need for a GCC Governance Code’.

This achievement reflects QPIC’s commitment to its investors by applying worldwide best practices in corporate governance and adhering to the highest transparency standards.

QPIC’s Vice Chairman and CEO, Mr Sadoun Ali said, “Being a member of KIPCO, we commit to high standards of transparency and governance. The award is a testament to QPIC’s sound governance framework which ensures a robust working environment and achieving our shareholders’ best interests.”

19

KIPCO NEWS

URC won the ‘Best Retail Developer, Middle East – 2014’ award from World Finance. The award, which is the company’s first corporate recognition, marks its leadership and market dominance across the real estate development sector for more than 40 years.

Mr Tariq AbdulSalam, URC’s Chairman said, “The award is a reflection of our strategy which aims at delivering top quality offerings using sound practices coupled with innovative design techniques. URC’s projects are a clear representation of how design driven properties play significant roles within the communities they are a part of.”

URC wins industry award

GIG recently won the ‘Best Insurance Brand’ award from Global Brands Magazine. The award recognizes GIG’s superior brand across the insurance sector and its ongoing brand communications efforts.

The award is attributed to GIG’s commitment to quality, consistent branding activities, customer service, and overall performance.

Mr Khalid Al Sanousi, GIG’s Corporate Communications and IR Manager said, “GIG’s brand places a strong emphasis on building long lasting relationships that are based on mutual respect, and create desirability across the insurance sector.”

GIG wins brand award

Mr Khalid Al Sanousi (center) receiving the award

Burgan Bank wins top award

Mr Adrian Gostuski (second from right) receiving the award on behalf of the bank

Burgan Bank won the ‘International Diamond Star for Quality’ award from Business Initiatives Directions (BID) for the second consecutive year. The bank’s achievement comes as part of its commitment to adhere to high quality control measures across its operations.

Mr Adrian Gostuski, Burgan Bank’s Group COO said, “The award is a testament to our approach in delivering world class processing solutions that accommodate customers’

financial needs. It further cements our leadership in operations, service and quality.”

“Excellence is a core value of Burgan Bank’s brand. Previously, the bank was awarded the ‘International Platinum Star for Quality’ and ‘International Gold Star for Quality’ awards in an effort to recognize our methods in adopting international quality standards within our daily work,” added Mr Gostuski.

20

As part of our continuous strife for leadership in the banking industry both in Kuwait and the MENAT region, we have achieved a strong presence in 7 countries with a robust network comprising more than 233 branches. Burgan Bank, driven by you.

Burgan Bank Group:

Kuwait - Jordan - Turkey - Algeria - Iraq - Tunisia - Lebanon

For more information call 1804080, or visit www.burgan.com

serving you in 7 countries through more than233 branches

Burgan Bank

a regional group

“Best Banking Groupin Kuwait”

from World Finance

“Best Domestic Retail Bank of the Year”

from Asian Banking and Finance Magazine

“Best Cash Management”

from Asian Banking and Finance Magazine

“Eurostar for Quality”

from Business Directions

“Best Investor Relationsin GCC”

from World Finance

“Best Private Bankin Kuwait”

from CFI-Capital Finance International

21

Arab Orient Insurance participated in the annual Business Leaders Campaign, which was held by Injaz - Jordan. The aim of the company’s participation is to share valuable insight with students on overcoming business challenges throughout their careers.

As part of the campaign, Mr Isam Abdelkhaliq, Arab Orient Insurance’s CEO, addressed students of Hai Al Amawi School. During his lecture, Mr Abdelkhaliq focused on his career experience and how obstacles can add more value to an individual’s path to success.

Arab Orient participates in Business Leaders Campaign

Burgan Bank held a blood drive for its employees at the bank’s headquarters. The initiative was carried out in partnership with the Central Blood Bank in Kuwait, under the theme of ‘You too can save a life’.

The event aimed at highlighting the need to donate blood to save people’s lives while also supporting the Blood Bank. Burgan Bank’s blood drive is part of its social responsibility program that includes a wide range of activities that are directed at the Kuwaiti society.

Burgan Bank holds blood drive

The bank’s employees donating blood Mr Isam Abdelkhaliq addressing the students

KAMCO sponsors CFA awards ceremony

Part of the awards ceremony

KAMCO sponsored the 2015 CFA awards ceremony in Kuwait. The company has been supporting this event for six years, reflecting its underlying commitment towards higher education and knowledge development.

Mr Mohammed Al Hubail, KAMCO’s Chief Resources Officer

said, “Our social responsibility program places a strong emphasis on the role of education. Sponsoring such academic functions mirrors our solid belief in creating and preparing a healthy financial environment for all charter and other similar academic diploma holders to create a successful career path.”

KIPCO CARES

22

KIPCO CARES

served as a platform to perform a winter classical guitar recital. The concert witnessed a large turnout of artists, bank’s clients, employees and the general public.

JKB’s marketing and public relations team visited the SOS Children’s Village. The team relayed the bank’s support by donating various funds to cover the ongoing expenses of accommodating and providing for children residing in the village.

Ms Dana Jaradat, JKB’s Marketing and PR Manager said, “This initiative embodies the bank’s overall objective of integrating its operations across all social levels in Jordan, and empowering children to achieve their full potential.”

The bank continues to relay its commitment to the social fabric of Jordan by supporting the West Irbid Charitable Society for Special Needs Challenges. The aim of JKB’s support is to shed light on the requirements of people with special needs and to engage them in the community. Through the bank’s support, athletes with physical disabilities were able to participate in the Amman International Marathon 2014.

JKB participated in a number of corporate social responsibility activities that underlined the bank’s role in reaching out to the Jordanian society.

The bank supported the Baptist School’s football league and the Arab Model School’s basketball tournament. Representatives from JKB presented a range of gifts and certificates of appreciation to participating athletes. The initiative is part of JKB’s continuous efforts in supporting younger generations and equipping them with the necessary skills.

Moreover, JKB sponsored the ‘Music for Petra’ concert, which was organized by Petra National Trust. The event, inspired by the rich history and heritage of Petra, was designed to support awareness programs that aim at promoting local cultural bonds while also highlighting important Jordanian landmark destinations such as Rose City.

Part of the bank’s social responsibility framework is the support of local Jordanian arts and culture. JKB, in collaboration with the Arab Culture Center, hosted a musical event featuring renowned artists Tariq Harb and Ghassan Naji. The evening

JKB holds several CSR activities

23

KIPCO CARES

KAMCO organized an awareness lecture on prostate cancer for its employees, which was themed ‘Everything you need to know about prostate cancer’.

Dr Waleed Alduaij, MBChB (Hons), PHD internal medicine, and Dr Ahmad Almarzouq, MBChB, Msc Urology, were welcomed to conduct the lecture that highlighted important information relating to prostate cancer males need to be aware of.

The medical professionals emphasized on the importance of early detection through checkups, as well as a number of preventive measures against the disease such as maintaining a healthy diet and regular exercise.

Ms Sana Al Hadlaq, KAMCO’s SVP Marketing and Client Relationship said, “The lecture saw a large turnout from staff members. Such initiatives fall in line with our social responsibility framework that aims to support and focus on health, education and the environment.”

KAMCO holds cancer awareness lecture

Safir Hotel & Residence Kuwait – Fintas opened its doors for a new batch of interns in collaboration with LoYAC. During their time at the hotel, interns were exposed to different client assignments that aim at gaining valuable work experience, improving their presentation and communications skills and growing their professional careers.

Mr Saif Eddin Mohammed, the hotel’s GM said, “Our partnership with LoYAC aims at developing opportunities and helping young nationals build sustainable careers. We continue to recognize the importance of such projects and are keen to play a significant role in making it a success.”

Ms Somaya Shawash, the hotel’s HR Manager also said, “Each year, we look forward to welcoming LoYAC interns into our practice. It is fulfilling to provide Kuwaiti youth with practical hospitality experience while helping our own professionals enhance their mentoring and leadership skills.”

Safir Fintas welcomes LoYAC interns

KAMCO’s CEO, Mr Faisal Sarkhou (far left) and Ms Sana Al Hadlaq (far right) presenting a certificate of appreciation to Dr Waleed Alduaij

Mr Saif Eddin Mohammed (third from left) with the interns and representatives from the hotel

Marina Hotel’s team at the open day

Safir Fintas’ team celebrate their open day

Marina Hotel and Safir Fintas hold employee open daysMarina Hotel held its employee open day to recognize and reward the performance of its employees in 2014. The event, which was held at the hotel’s private beach front, was themed ‘Extreme Sports’ and included a range of entertainment programs as well as valuable prizes.

Mr Nabil Hammoud, Marina Hotel’s GM said, “This annual initiative demonstrates the hotel’s commitment to its employees, and one which opens more avenues to progress, development, motivation and rewarding individuals for their contributions.”

Safir Hotel & Residences Kuwait – Fintas also held an open day for its employees and their families. The event was held at a desert camp and included a wide number of fun-filled activities, competitions, birthday celebrations, a lunch gathering and valuable gifts.

The open day was held to give back to the hotel’s employees for their hard work, efforts and commitment throughout the past year.

24

KIPCO CARES

Journey of Hope Team recognizes GIG’s support

Marina Hotel held its annual staff party, which provided an

opportunity for the hotel’s team to celebrate their achievements

in 2014 and outline the objectives of the current year. During

the event, Mr Nabil Hammoud, Marina Hotel’s GM, emphasized

the importance of team collaboration to deliver strong results

through service excellence.

The evening included award certificates to recognize the

best employee of the year, best performer of the year, best

supervisor of the year, best supervisor and employee of the

month.

Safir Hotel & Residences Kuwait – Fintas also held its annual

associates night to mark their hard work and efforts that led to

a successful 2014. The event commenced with an introductory

note from Mr Saif Eddin Mohammed, the hotel's GM, to all

staff members outlining their outstanding performance during

the past year.

Certificates of appreciation were distributed to employees,

supervisor and manager of the year 2014 for their notable

achievements.

Marina Hotel and Safir Fintas host annual staff parties

GIG’s senior executives with members of the Journey of Hope Team

The Safir Fintas team during the celebration

Marina Hotel’s team celebrate their continued successes

GIG was recognized by the Journey of Hope Team, who

expressed their gratitude for the company’s support in their

latest sea journey.

Mr Farqad Al Sane, GIG’s Chairman, and Mr Khaled Al Hasan,

Group CEO, along with a number of department managers

welcomed participants of the Journey of Hope Team and

congratulated them on their success. GIG received a token of

appreciation for providing marine insurance and regulating

health and safety onboard this activity.

25

KIPCO CARES

AUK participated in the UN World Cities Day. The initiative is created by UN-Habitat, an agency that works within the United Nations to encourage cities to adopt sustainable solutions.

Ms Dalal Al Radhi, UN-Habitat’s Program Communication and Advocacy Associate said, “Part of UN-Habitat’s approach is to involve communities across civic engagement initiatives to allow residents to contribute towards sustainable urban developments.”

AUK’s graphic design students relayed their support towards this initiative by creating a variety of artwork displays that were constructed using recycled materials.

Hesah Al Jenfawi, a Computer Engineering student at AUK, showcased a poster about urban e-mobility and how the method can be applied in computer engineering context. Aya Kandil, a junior Graphic Design student, designed the posters for the exhibition and assisted the students in displaying their various work. Moustafa El Khashab, a recent graduate in Graphic Design from AUK, created a car and a motorcycle made from discarded household and hardware items to promote recycling awareness.

AUK participates in UN World Cities Day

Ms Dalal Al Radhi

Hesah Al Jenfawi (right) with Dr Detlef Hummes, Assistant Professor of Electrical Engineering at AUK

Professor William Andersen (far right) from AUK’s Department of Art and Graphic Design with participating students

(From left): Aya Kandil; Moustafa El Khashab; Dr Detlef Hummes; and Hesah Al-Jenfawi

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27

QPIC Vice Chairman & CEO: The company’s investments are financially stable

The petrochemical sector in Kuwait

is crucial to the growth of the oil and

gas industry. Kuwait’s petrochemical

business has an opportunity to grow

thanks to increasing demand from

emerging Asian markets.

KIPCO INTERVIEW

28

However, despite the various opportunities, the local public petrochemical sector faces investment challenges. This has encouraged private sector companies to invest and grow the sector through a wide range of projects and initiatives.

QPIC is actively seeking partnerships with reputed entities and major financial consulting agencies including the group’s sister companies to select viable investment opportunities that best fits its strategic objectives across the GCC and the Middle East region.

KIPCOLife met with Mr Sadoun Ali, QPIC’s Vice Chairman and CEO, who shared valuable insight on the company’s operations and investments.

Mr Ali joined QPIC in June 2012 and has over two decades of experience

in Banking, finance and investment management. Prior to joining QPIC, he was the managing director and CEO of KAMCO investments. Mr Ali also headed various functions within the KIPCO Group companies.

He said, “QPIC is one of the largest private sector investors that operate within the petrochemical industry and oil services in Kuwait. The company invested close to KD 140 million in EQUATE Petrochemical Company, The Kuwait Olefins Company (TKOC) and Kuwait Aromatics, which are the country’s largest petrochemical and strategic complexes, in addition to United Oil Projects (UOP) and National Petroleum Services Company (NAPESCO) in the chemicals and oil services”

Strategic investments & profitability

Mr Ali explained that QPIC has revised

its investment strategy and approach to benefit from the overall industrial sector, and not just the petrochemicals component of it. He said that the company focuses on various investments in companies that include SADAFCO, UOP and NAPESCO.

“QPIC’s business model is built on pursuing sustainable business opportunities. Since its inception, the company has secured long term investments that helped grow its income base while also acquiring opportunities that generate higher returns,” said Mr Ali.

Mr Ali said, “QPIC’s investments are financially stable to cope with changing market conditions. A great example on that is when the global and economies collapsed into a major recession in 2008, QPIC proved its consistency

KIPCO INTERVIEW

29

KIPCO INTERVIEW

trend in profitability, apart from the minimal losses beard in 2009, due to the commissioning cost of one of our associates’ project however, QPIC recovered in the year after and continued its growth trend.”

In terms of the company’s expansion, Mr Ali noted QPIC’s efforts with Kuwait Petroleum Corporation (KPC) in working on prospective projects and privatization plans. The company is also engaged in discussions with multinational companies on different ways to and projects to further enhance the sector, locally and regionally.

Streamlining operations

The streamlining process across the

KIPCO Group has brought several UIC investments under the QPIC umbrella. Mr Ali noted that QPIC’s investment scope expanded to become KIPCO’s

overall industrial investment arm. As a result, the acquisition of SADAFCO and UOP from UIC served as an ideal fit to QPIC’s strategic objectives.

“The move did not only add scale to our business model, but has also increased our geographic reach. SADAFCO for example, added both a regional and sectorial breadth to QPIC’s portfolio, which proved to be favorable to our operations considering the drop in oil prices. It further adds to the company’s steady income growth levels through dividend distribution,” added Mr Ali.

He further explained that UOP’s subsidiaries are also gaining considerable exposure to larger projects. Al Khorayef United Holding (AKUH), a UOP associate, successfully constructed and commissioned one of the largest oil and gas gathering centers with QPIC’s

financial support.

Drop in oil prices

QPIC benefits from a strategic balance across its investments. However, operationally, the drop in oil prices is expected to reduce EQUATE and TKOC’s competitive advantage. “This is because the production cost of other competing companies operating across the oil sector would force a drop in their product prices,” explained Mr Ali.

However, the fall of oil prices would improve the margin of Kuwait Aromatics’ products, which would leads to a significantly enhanced performance. Furthermore, the declining oil prices would also encourage more improvements on the wellhead and oil services sector which would directly impact QPIC’s investments.

The drop in oil

prices is expected

to reduce EQUATE and TKOC’s competitive advantage.

31

OSN SPECIAL REPORT

OSN is providing its subscribers the opportunity to view popular South Asian entertainment programs from OSN Pehla on its online viewing platform, OSN Play. This service is starting with four of OSN Pehla’s channels which include Colors, Sony, SAB and Aaj Tak.

Moreover, OSN released the full new third season of ‘House of Cards’ on OSN Play, at the same time it was released in the United States. OSN Play now includes all three seasons for fans to enjoy at their convenience.

Mr Emad Marcos, OSN’s SVP for Strategy, Affiliate Channels and Digital said, “We are committed to delivering the best TV series and movies on innovative platforms. OSN Play guarantees a unique and convenient experience for subscribers who can access the online platform for free.”

OSN Play adds more content

OSN and Viacom collaborate to deliver new channelsOSN and Viacom International Media Networks (VIMN), a division of Viacom Inc., have partnered to launch three new channels that appeal to youth and families. The channels, which include Nickelodeon HD, Nick Jr and MTV Live HD, bring OSN’s HD channel offering to 55.

OSN features both Nickelodeon HD and Nick Jr in English and Arabic. VIMN will further transform the production of Nickelodeon HD into the only international kids TV channel in Arabic, produced in the MENA region exclusively for OSN.

Mr David Butorac, OSN’s CEO said, “This partnership reflects the continued efforts in strengthening our premium and exclusive content offerings to add more value for our subscribers’ experience.”

Mr Raffaele Annecchino, VIMN’s Executive VP and MD South Europe, MENA, also said, “The collaboration with OSN is an ideal opportunity for VIMN to deliver a host of content across the MENA region. The addition of these channels will create a strong balance and provide programs that appeal to different segments.” Mr Raffaele Annecchino (right) with Mr Emad Morcos, OSN’s SVP Strategy, Affiliate Channels

and Digital

32

OSN SPECIAL REPORT

OSN scoops top honors at Broadcast Pro Mideast Awards

OSN launches WWE® network

OSN participates in INFOCONNECT 2015

OSN won the ‘Outstanding TV Program of the Year’ and the ‘Outstanding MENA OTT Initiative’ awards at the Broadcast Pro Middle East awards ceremony.

The first award recognizes OSN’s ‘Mousameh Karim’ production, which is featured on OSN Ya Hala! HD, while the second award highlights the company’s online TV service, ‘Go by OSN’.

Mr David Butorac, OSN’s CEO said, “The awards reflect our continued investments in delivering relevant content to our subscribers. With digital and mobile media changing TV consumption habits, responding to such needs is a top priority at OSN.”

OSN and WWE® announced a five year partnership that allows for the distribution of the WWE Network as a premium, linear channel ahead of its signature event, WrestleMania®.

This agreement builds on the existing partnership with WWE to air its flagship programs that include Raw®, SmackDown®, NXT®

and Superstars.

OSN subscribers can access the premium linear network via their set top boxes, OSN Play and through WWE Network applications. WWE Network will also be offered on GO by OSN.

OSN participated in INFOCONNECT 2015, the biggest shopper event for the IT and Communication sector held in Kuwait.

Throughout the event, OSN showcased its unique technology with special demonstrations of OSN Plus HD, the region’s first 3D, HD, internet enabled satellite receiver and recorder, and OSN Play, the region’s first online viewing platform.

Arab superstar and presenter of ‘Mousameh Karim’, George Kordahi (far right), receiving the award

Mr David Butorac, OSN’s CEO (left), with WWE superstar John Cena The OSN booth

Paulo Ferreira, OSN’s Head of Commercial, Digital, and New Business Development (far left), and Lisa Robinson, Director – OSN’s Conditional Access and Digital Platform Delivery (far right) receiving the award for ‘Go By OSN’.

33

OSN SPECIAL REPORT

OSN extends partnership with Emirates Cricket Board

OSN extended its partnership with the Emirates Cricket Board as the official sponsor of the UAE National Cricket Teams for 2015.

Mr David Butorac, OSN’s CEO said, “The extended partnership with UAE’s National

Cricket teams highlights our underlying commitment to promote national cricket talent. OSN is focused on creating a strong platform to recognize the next cricket generation in the UAE and the region.”

Mr David East, Emirates Cricket Board’s

CEO added, “The support of OSN comes as a strong motivation for the team as they know their performance reaches their fans and friends through seamless live telecasts. The support from the region is their inspiration to deliver their best.”

Mr David Butorac (center) with the UAE National Cricket Team

OSN unveiled a giant cricket bat that is 32 meters long, four meters wide and weighs 950 kg. The initiative reflects the company’s bid to win the Guinness World Record for the ‘Largest Cricket Bat’.

Mr Hamad Malik, OSN’s CMO said, “Creating the world’s largest cricket bat

Teams. The company holds exclusive broadcast rights for the ICC Cricket World Cup 2015.

Cricket fans expressed their support for the UAE National Cricket Team ahead of their World Cup competition by writing different messages on the bat.

is more than a symbolic gesture. It shows our tribute to the world of cricket, while also celebrating OSN’s exclusive telecast rights of the ICC Cricket World Cup 2015.”

The bid reinforces OSN’s status as a leading supporter of cricket, and the official sponsor of the UAE National Cricket

OSN creates largest cricket bat

34

OSN… Innovating success

Mr Mark Billinge

as well as technology. This includes content aggregation, processing, transmission, encryption and finally, the delivery to the receiving device in the customers’ home.

What are some of the key successes you have achieved to date? We pride ourselves by offering customers a truly innovative service on a world class platform that features the latest HD broadcast and platform technology. Our state of the art over the top platform, GO, is considered amongst the most advanced of its kind in the region, and is in line with cutting edge international standards. The service has been recognized through a number of awards that we’ve won earlier.

Please tell us more about some of the new projects you’re working on and how you think they will impact the overall business.Currently, we’re working on a number of exciting projects that aim at improving both the platform and broadcast aspects of the business. We’re in the process of developing a new range of set top boxes that will offer more value to the customers. The new launch will represent the next generation of home entertainment in the region. We’re also establishing stronger links between companion devices such as tablets, mobile

The nature of the broadcasting industry is such that nothing remains the same for long. New technologies are constantly improving the systems and procedures by which content is produced, transmitted and delivered.

OSN’s Broadcast Operations Department is at the heart of such developments and is the powerhouse of the OSN network. It is currently going through a major overhaul with a number of important projects planned for the current year.

KIPCOLife met with Mr Mark Billinge, OSN’s Chief Technology Officer, whose mandate covers end to end broadcast operations including all technology developments and the upgrade of OSN’s platform.

He says that OSN has made important achievements to bring the company’s broadcast, platform and technology in line with, and exceeding, cutting edge international standards.

Here are details of the interview.

What is your department responsible for?We handle all aspects of broadcast and platform operations,

OSN SPECIAL REPORT

35

phones and our set top boxes, including access to Electronic Program Guides and video on demand catalogues.

We are working on expanding our Network Operations Center (NOC) and Central Operations Room (CAR), where all broadcast operations for OSN Pehla will move from Jordan to Dubai. This will help us maintain costs at minimal levels, whilst ensuring an efficient control over broadcasting output. OSN’s HD channels have proven to be a huge subscription driver, and we’re constantly increasing our HD offerings. This is attributed to a new range of parameters we’re using from our satellites, which gives us more bandwidth to convert more existing channels to HD.

These developments help us redefine our position from different free to air and other platforms operating across the region to placing OSN at the forefront of the broadcast technology. It will also further enhance our ability to provide premium services and content to our growing subscriber base.

What are the latest updates on OSN Plus HD and OSN Play? We have seen an increase in customer satisfaction owing to

the continuous improvements in user experience and new features introduced.

During the past year we’ve made several other enhancements to improve the customer experience and usability of the service. A few examples include the unified planner which brings together all On Demand and content recorded from linear and presents it in a more organized manner.

In addition, GO demonstrates a true sign of our ambition to continue growing and further cement ourselves as the premium broadcaster in the MENA region. We think we will see revolutionary change that could drive the OSN’s development for the next decade.

Any expansion plans?We are expanding our CAR in the Dubai headquarters. This is the central area where we house the servers that relay our content to OSN’s subscribers. It acts as the engine room and dynamic thrust of the business. Moreover, we are also growing our NOC, which is considered the most important component of the operation where our teams monitor the entire platform, which is comprised of nearly 150 channels.

We offer customers

innovative services

that feature the

latest HD broadcast

and platform technology

OSN SPECIAL REPORT

37

New Babies

New Marriages

المواليد الجدد

المتزوجون الجدد

تهانينا إلى مصطفى الشامي، مدير أول في إدارة المحاسبة والمالية

في شركة كيبكو، بمناسبة قدوم مولودته الجديدة ميرال

Congratulations to Moustapha Chami, Senior Manager in the

Accounts & Finance Department of KIPCO who has been blessed with

Myral a new baby girl

تهانينا إلى كلير بيشوب، من شركة تقاعد لالدخار والتقاعد، التي تمت ترقيتها إلى مدير الموارد البشرية في إدارة الموارد

البشرية

Congratulations to Clare Bishop, of Takaud Savings & Pensions

Company, who has been promoted to HR Manager in the HR

Department

تهانينا إلى حنان سلطان، من شركة تقاعد لالدخار والتقاعد، التي تمت ترقيتها

إلى مشرف العمليات في إدارة العمليات

Congratulations to Hanan Sultan, of Takaud Savings & Pensions

Company, who has been promoted to Operations Supervisor in the

Operations Department

تهانينا إلى إيمان عالوي، من شركة تقاعد لالدخار والتقاعد، التي تمت ترقيتها

إلى مساعد مدير – التسويق والمشاريع الرقمية في إدارة التسويق واالتصاالت

Congratulations to Eman Allawi, of Takaud Savings & Pensions Company, who has been promoted to Assistant

Manager – Digital Marketing & Projects in the Marketing & Communications Department

تهانينا إلى بوتان سمير محمد، مساعد مدير في إدارة المحاسبة

والمالية في شركة كيبكو، بمناسبة قدوم مولودته الجديدة سهى

Congratulations to Puthan P. Sameer Mohammed, Assistant

Manager in the Accounts & Finance Department of KIPCO who has been blessed with Suha a new

baby girl

تهانينا إلى محمود أبو بكر، مساعد نائب رئيس في إدارة

العمالء والتسويق في شركة كامكو، بمناسبة قدوم مولودته

الجديدة نوراCongratulations to Mahmoud Abu Baker, Assistant Vice President in

the Client Relationship & Marketing Department of KAMCO who has been blessed with Noora a new

baby girl

تهانينا إلى بوبيندار سينغ، نائب الرئيس في مجموعة األعمال االستشارية في مركز المعرفة بلسر، بمناسبة قدوم مولودته

الجديدة آرزاCongratulations to Bhupinder

Singh, Vice President in the Business Advisory Group of PKC who has been blessed with Aarza a new

baby girl

تهانينا إلى غاريما أرورا، المستشارة الرئيسية في

مجموعة األعمال االستشارية في مركز المعرفة بلسر، بمناسبة قدوم مولودتها الجديدة آفين

Congratulations to Garima Arora, Principal Consultant in the Business Advisory Group of PKC who has

been blessed with Avni a new baby girl

تهانينا إلى أخيل بانسال، من مركز المعرفة بلسر، الذي تمت ترقيته إلى المستشار أول في مجموعة األعمال

االستشارية

Congratulations to Akhil Bansal, of PKC, who has been promoted to Senior Consultant in the Business

Advisory Group

تهانينا إلى جانسي جيدام، مسؤول الموارد البشرية في شركة شبكة

الخليج لالتصاالت، بمناسبة قدوم مولودتها الجديدة أرادانا

سري هري Congratulations to Jancy Geddam, HR Executive of Gulfnet, who has

been blessed with Aradana Yelchuri a new baby girl

تهانينا إلى محمد يونس، ،OSN فني ميداني في شركة

بمناسبة قدوم مولودته الجديدة أبرار

Congratulations to Mohamed Younis, Technician of OSN, who

has been blessed with Abrar a new baby girl

تهانينا إلى فيليمون راجان، مسؤول عالقات المستثمرين في إدارة االتصال المؤسسي وعالقات المستثمرين في

مجموعة الخليج للتأمين، بمناسبة قدوم مولودته الجديدة إيفانا ماري

تهانينا إلى كرم العواملة، ضابط أول في إدارة التأمين البحري

︱gig والطيران والطاقة في شركةالشرق العربي للتأمين بمناسبة

زواجه مؤخراCongratulations to Philemon Rajan,

Investor Relations Officer in the Corporate Communications and IR Department of GIG, who has been

blessed with Evana Mary a new baby girl

Congratulations to Karam Al Awamleh, Senior Officer in the Marine, Aviation & Energy

Department at gig︱Arab Orient Insurance Company, who was

married recently

تهانينا إلى فواز السلطان، رئيس محلل مالي في شركة الفنادق الكويتية، الذي

اجتاز بنجاح اختبارات القيد في سجل مراقبي الحسابات في دولة الكويت

Congratulations to Fawaz AlSultan, Chief Financial Analyst of Kuwait

Hotels Company, who has successfully passed the Registered External Auditors Exams in the

State of Kuwait

Promotions & New Qualificationsالترقيات و المؤهالت المهنية الجديدة

أسرة كيبكــــو

38

Promotions & New Qualificationsالترقيات و المؤهالت المهنية الجديدة

Newly Hired الموظفون الجدد Thunayan Alwoqayan

التحق بالعمل لدى شركة II كامكو بوظيفة محلل ماليفي إدارة االستثمارات البديلة

has joined KAMCO as a Financial Analyst II in the Alternative Investments

Department

Sughra Dashti

التحقت بالعمل لدى شركة الخليج لتأمينات الحياة بوظيفة مدير وحدة في

إدارة تسويق تأمينات الحياة والصحي الفردي

has joined GLIC as a Unit Manager in the Marketing Individual Life & Health Insurance Department

Ahmad Al Zufairi

التحق بالعمل لدى بنك برقان بوظيفة محلل مالي متدرب

في إدارة التخطيط المالي االستراتيجي والمحاسبة

الماليةhas joined Burgan Bank as a Trainee Financial Analyst in

the Strategic Financial Planning & Financial Accounting Control Department

Abdullah Al Buloushi Ghassan Bani Al Marjeh

التحق بالعمل لدى بنك برقان بوظيفة الخزينة متدرب في

إدارة االستثمارات البنكية والخزانة

التحق بالعمل لدى بنك برقان بوظيفة رئيس مدراء

العمليات في مجموعة العمليات

has joined Burgan Bank as a Trainee Treasury in

the Investment Banking & Treasury Department

has joined Burgan Bank as a Chief Operations Officer in

the Operations Group

ثنيان الوقيان صغرى دشتي أحمد الظفيري عبداهلل البلوشي غسان بني المرجى

تهانينا إلى ريحاب البهي، من الجامعة األمريكية في الكويت، التي تمت ترقيتها

إلى مدير مساعد - العالقات العامة والتسويق في إدارة العالقات العامة

Congratulations to Rehab ElBahey, of AUK, who has been promoted to Assistant Director, PR & Marketing

in the Office of Public Affairs

تهانينا إلى مونيكا متى، من الجامعة األمريكية في الكويت، التي تمت ترقيتها إلى مرشد أكاديمي أول في مركز اإلرشاد

األكاديمي

Congratulations to Monica Matta, of AUK, who has been promoted to Senior Academic Advisor in the

Academic Advising Center

تهانينا إلى د. أحمد صالح من شركة شبكـة الخليج لالتصاالت الذي تمت

ترقيته إلى الرئيس التنفيذي في اإلدارة العليا

Congratulations to Dr. Ahmad Salih of Gulfnet who has been promoted to Chief Executive Officer in the Top

Management

تهانينا الى غدير العون، من مجموعة الخليج للتأمين، التي تمت ترقيتها إلى

مدير في إدارة الشؤون اإلدارية

Congratulations to Ghadeer Al Own, of GIG, who has been promoted to Manager in the

Administrative Affairs Department

تهانينا إلى بولكيت غويل، من مركز المعرفة بلسر، الذي تمت ترقيته

إلى المستشار في مجموعة األعمال االستشارية

Congratulations to Pulkit Goel, of PKC, who has been promoted to

Consultant in the Business Advisory Group

تهانينا إلى يوسف أحمد من شركة شبكة الخليج لالتصاالت الذي تمت

ترقيته إلى الرئيس التنفيذي للعمليات في اإلدارة العليا

Congratulations to Yousif Ahmad of Gulfnet who has been promoted to Chief Operating Officer in the Top

Management

تهانينا إلى رافي جاين، من مركز المعرفة بلسر، الذي تمت ترقيته إلى المستشار في

مجموعة األعمال االستشارية

Congratulations to Ravi Jain, of PKC, who has been promoted to

Consultant in the Business Advisory Group

تهانينا إلى روشاك أغاروال، من مركز المعرفة بلسر، الذي تمت ترقيته


Congratulations to Rochak Agarwal, of PKC, who has been promoted to Consultant in the Business Advisory

Group

تهانينا إلى سونال ماهيشواري، من مركز المعرفة بلسر، التي تمت ترقيتها


Congratulations to Sonal Maheshwari, of PKC, who has been

promoted to Consultant in the Business Advisory Group

تهانينا إلى أنور فياض، من شركة كامكو، الذي تمت ترقيته إلى نائب رئيس

أول في اإلدارة القانونية

Congratulations to Anwar Fayad, of KAMCO, who has been promoted to Senior Vice President in the Legal

Department

KIPCO PEOPLE

39

Newly Hired الموظفون الجدد

Ahmad Muqadasأحمد مقدس

التحق بالعمل لدى بنك برقان بوظيفة مسؤول التسوية واالسترداد في مجموعة

المصرفية للخدمات الشخصية

has joined Burgan Bank as a Settlement & Chargeback

Officer in Retail Banking

Jaber Al Jaberجابر الجابر

التحق بالعمل لدى بنك برقان بوظيفة مسؤول عمليات الموارد البشرية متدرب في

إدارة الموارد البشرية والتطوير

has joined Burgan Bank as a Trainee HR Operations

Officer in the Human Resources Department

Essa Aliعيسى علي

التحق بالعمل لدى بنك برقان بوظيفة مسؤول تسويات

الخزانة في مجموعة العمليات

has joined Burgan Bank as a Treasury Settlement Officer

in the Operations Group

Talah Al Abdulaaly Ahmad Artiتالة العبدالعالي أحمد آرتي

التحقت بالعمل لدى بنك برقان بوظيفة مسؤول

التطوير اإلداري متدرب في إدارة الموارد البشرية والتطوير

التحق بالعمل لدى بنك برقان بوظيفة مسؤول

عالقات عمالء في مجموعة المصرفية للخدمات

الشخصيةhas joined Burgan Bank as a Trainee Organizational Development Officer in the Human Resources

Department

has joined Burgan Bank as a Customer Relationship Officer in Retail Banking

Sumaia Sadeqسمية صادق

التحقت بالعمل لدى بنك برقان بوظيفة محلل مالي

في إدارة التخطيط المالي االستراتيجي والمحاسبة

الماليةhas joined Burgan Bank as a Financial Analyst in the

Strategic Financial Planning & Financial Accounting Control

Department

Ali Al Khabazعلي الخباز

التحق بالعمل لدى بنك برقان بوظيفة صراف متدرب في

مجموعة العمليات

has joined Burgan Bank as a Trainee Teller in the

Operations Group

Danah Al Fadhliدانه الفضلي

التحقت بالعمل لدى بنك برقان بوظيفة صراف متدرب

في مجموعة العمليات


Operations Group

Farah Atiehفرح عطيه




Operations Group

Fawaz Dushty Hamad Ben Hajiفواز دشتي حمد بن حجي






Operations Group


Operations Group

Mshary Al Abdullahمشاري العبداهلل

التحق بالعمل لدى بنك برقان بوظيفة مسؤول

وحدة المعالجة المركزية في مجموعة العمليات

has joined Burgan Bank as a Central Processing Unit Officer in the Operations

Group

Kholoud Al Roumiخلود الرومي

التحقت بالعمل لدى بنك برقان بوظيفة محلل نظم

معلومات اإلدارة في إدارة االستثمارات البنكية والخزانة

has joined Burgan Bank as an Analyst – MIS in

the Investment Banking & Treasury Department

Abdulwahab Al Qnae Jasem Abulعبد الوهاب القناعي جاسم أبل

التحق بالعمل لدى بنك برقان بوظيفة مساعد مدير عالقات

عمالء المشاريع الصغيرة والمتوسطة في مجموعة


التحق بالعمل لدى بنك برقان بوظيفة خبير تطوير اإلداري في إدارة الموارد البشرية والتطوير

has joined Burgan Bank as an Assistant Relationship Manager – SME in Retail

Banking

has joined Burgan Bank as a Specialist – Organizational

Development in the Human Resources Department


40


Maha Ashkananiمها أشكناني




Operations Group

Mohammed Al Moslemمحمد المسلم




Operations Group

Amenah Al Damkhiآمنة الدمخي




Operations Group

Shahad Al Hawal Aishah Malallahشهد الحوال عايشة مال اهلل






Operations Group


Operations Group

Haya Al Khadraهيا الخضراء




Operations Group

Maryam Ahmadمريم أحمد




Operations Group

Abdullah Sulaimanعبداهلل سليمان




Operations Group

Nadiah Heedarنادية حيدر



has joined Burgan Bank as aTrainee Teller in the Opera-

tions Group

Mohammad Al Khalaf Bassam Al Bassamمحمد الخلف بسام البسام



التحق بالعمل لدى بنك برقان بوظيفة مساعد مدير فرع في مجموعة المصرفية للخدمات

الشخصية


Operations Group

has joined Burgan Bank as an Assistant Branch Manager in

Retail Banking

Sarah Al Ajmiسارة العجمي




Operations Group

Shouq Al Hasanشوق الحسن




Operations Group

Yousef Ghuloum Jawaher Al Shemeriيوسف غلوم جواهر الشمري






Operations Group


Operations Group

KIPCO PEOPLE

41


Danah Al Mukaimiدانة المكيمي

التحقت بالعمل لدى بنك برقان بوظيفة ممثل خدمة عمالء الهاتفية متدرب في

مجموعة المصرفية للخدمات الشخصية

has joined Burgan Bank as a Trainee Call Center Agent in

Retail Banking

Moudi Al Mahmoudموضي المحمود

التحقت بالعمل لدى بنك برقان بوظيفة مساعد

مدير مشروع في مجموعة العمليات

has joined Burgan Bank as an Assistant Project Manager in

the Operations Group

Abdullah Ramadhanعبداهلل رمضان

التحق بالعمل لدى بنك برقان بوظيفة ممثل خدمة عمالء الهاتفية متدرب في مجموعة


has joined Burgan Bank as a Trainee Call Center Agent in

Retail Banking

Fatemah Al Hazim Yousef Al Najjarفاطمة الهزيم يوسف النجار

التحقت بالعمل لدى بنك برقان بوظيفة مهندس أمن نظم المعلومات أول في إدارة

المخاطر

التحق بالعمل لدى بنك برقان بوظيفة منسق ضمان الجودة نظم المعلومات متدرب في

إدارة نظم المعلومات

has joined Burgan Bank as a Senior Information

Security Engineer in the Risk Management Department

has joined Burgan Bank as a Trainee IT Quality Assurance

Coordinator in the IT Department

Faisal Al Rumaidheenفيصل الرميضين

التحق بالعمل لدى بنك برقان بوظيفة خبير أول

شؤون عمالء في مجموعة المصرفية للخدمات

الشخصية

has joined Burgan Bank as a Senior CEM Specialist in

Retail Banking

Saurabh Vermaساوراب فيرما

التحق بالعمل لدى بنك برقان بوظيفة مدير برامج المخاطر

والتطبيق في إدارة المخاطر

has joined Burgan Bank as a Risk Program &

Implementation Manager in the Risk Management

Demah Al Duweesh ديمة الدويش

التحقت بالعمل لدى بنك برقان بوظيفة مسؤول خدمة عمالء الخاصة في مجموعة


has joined Burgan Bank as a Personal Banking Executive in

Retail Banking

Hussein Haidarحسين حيدر

التحق بالعمل لدى بنك برقان بوظيفة رئيس صرافين في مجموعة

العمليات

has joined Burgan Bank as a Head Teller in the Operations

Group

Tareq Al Oan Musab Al Nafisiطارق العون مصعب النفيسي

التحق بالعمل لدى بنك برقان بوظيفة مدير أول

عالقات عمالء في مجموعة المصرفية الخاصة



has joined Burgan Bank as a Senior Relationship Manager

in Private Banking


Operations Group

Ahmad Al Hammadiأحمد الحمادي

التحق بالعمل لدى بنك برقان بوظيفة إداري مراكز غرفة التداول في إدارة التخطيط

المالي االستراتيجي والمحاسبة المالية

has joined Burgan Bank as a Position Keeper in the Strategic Financial Planning & Financial

Accounting Control Department

Abdullah Abbasعبد اهلل عباس

التحق بالعمل لدى بنك برقان بوظيفة مدير مخاطر المشاريع في إدارة المخاطر

has joined Burgan Bank as a Project Risk Manager in the Risk Management

Department

Durar Al Rabbah Sherry Oommenدرر الرباح شيري أومين

التحقت بالعمل لدى بنك برقان بوظيفة مسؤول

عالقات عمالء في المجموعة المصرفية

التحق بالعمل لدى بنك برقان بوظيفة مدير إدارة االلتزام في

إدارة االلتزام

has joined Burgan Bank as a Relationship Officer in the

Banking Group

has joined Burgan Bank as a Compliance Manager in the Compliance Department


42


Bibi Al Salehبيبي الصالح

التحقت بالعمل لدى بنك برقان بوظيفة صراف متدرب في



Operations Group

Hawraa Sheshterحوراء شيشتر




Operations Group

Abdullah Esmaeelعبداهلل اسماعيل




Operations Group

Saad Al Mutairi Manal Al Azmiسعد المطيري منال العازمي






Operations Group


Operations Group

Abdulaziz Al Kandariعبدالعزيز الكندري




Operations Group

Hasan Al Hadadحسن الحداد

التحق بالعمل لدى بنك برقان بوظيفة صراف متدرب



Operations Group

Danah Al Oudدانه العود




Operations Group

Showq Al Hashimشوق الهاشم




Operations Group

Anwar Sulaiman Abdallah Al Maarafiأنوار سليمان عبداهلل معرفي






Operations Group


Operations Group

Altaf Al Qallafألطاف القالف




Operations Group

Asyah Asadallahآسيه أسداهلل




Operations Group

Fatemah Al Farhoud Sarah Al Farhanفاطمة الفرهود ساره الفرحان






Operations Group


Operations Group

KIPCO PEOPLE

43


Talal Al Nassarطالل النصار

التحق بالعمل لدى بنك برقان بوظيفة خبير شؤون عمالء في مجموعة المصرفية للخدمات

الشخصية

has joined Burgan Bank as a CEM Specialist in Retail

Banking

Mohammed Al Mjaibelمحمد المجيبل

التحق بالعمل لدى بنك برقان بوظيفة ممثل خدمة

عمالء الهاتفية في مجموعة المصرفية للخدمات الشخصية

has joined Burgan Bank as a Call Center Agent in Retail

Banking

Ebraheem Al Mijadiابراهيم المجادي

التحق بالعمل لدى بنك برقان بوظيفة محلل تطوير

األعمال متدرب في مجموعة المصرفية للخدمات

الشخصيةhas joined Burgan Bank as a Trainee Business

Development Officer in Retail Banking

Abdullah Al Shemali Joji Johnعبداهلل الشمالي جوجي جون

التحق بالعمل لدى الشركة المتحدة للمشروعات النفطية

بوظيفة مهندس عمليات

التحق بالعمل لدى الشركة المتحدة للمشروعات النفطية

بوظيفة مدير تطوير مشاريع في إدارة المشاريع

has joined United Oil Projects Company as a Process

Engineer

has joined United Oil Projects Company as a Projects

Development Manager in the Projects Department

Aqeel Ashkananiعقيل أشكناني




Operations Group

Vijaya Subbiahفيجايا سوبايا

التحقت بالعمل لدى الشركة المتحدة للمشروعات

النفطية بوظيفة مساعدة في إدارة المشاريع

has joined United Oil Projects Company as a Projects Assistant in the Projects

Department

Jayasree Jayarajanجاياسري جاياراجان

التحقت بالعمل لدى الشركة المتحدة للمشروعات

النفطية بوظيفة مساعدة في إدارة المشتريات

has joined United Oil Projects Company as a Purchasing Assistant in the Purchasing

Department

Samar Muradiسمر مرادي

التحقت بالعمل لدى شركة تقاعد لالدخار والتقاعد

بوظيفة مسؤول الموارد البشرية في إدارة الموارد

البشريةhas joined Takaud Savings & Pensions Company as an HR Officer in the HR

Department

Mohammed Siddiqui Nawaf Al Shammariمحمد صديقي نواف الشمري

التحق بالعمل لدى شركة تقاعد لالدخار والتقاعد

بوظيفة محاسب أول – صناديق االستثمار في إدارة

العمليات

التحق بالعمل لدى شركة المباني المتحدة بوظيفة

مدير عالقات حكومية

has joined Takaud Savings & Pensions Company as a Senior Fund Accountant in

the Operations Department

has joined UBC as a Governmental Relation

Manager

Ahmad Abdullateefأحمد عبد اللطيف




Operations Group

Ebraheem Al Mansourابراهيم المنصور




Operations Group

Abdulrahman Kout Akash Suryanعبدالرحمن كوت أكاش سوريان



التحق بالعمل لدى بنك برقان بوظيفة مدير حلول مخاطر المشاريع ونظم معلومات

اإلدارة في إدارة المخاطر


Operations Group

has joined Burgan Bank as an Enterprise Risk Solution & MIS Manager in the Risk Management Department


42

44


Mohammad AlKhammashمحمد الخماش

التحق بالعمل لدى شركة المباني المتحدة بوظيفة مهندس موقع في إدارة

المشاريع

has joined UBC as a Site Engineer in the Projects

Department

Ahmad Effatأحمد عفت

التحق بالعمل لدى شركة المباني المتحدة بوظيفة مراقب

مستندات في إدارة المشاريع

has joined UBC as a Document Controller in the

Projects Department

Fahad Al Hammadiفهد الحمادي

التحق بالعمل لدى شركة إيكاروس المتحدة للخدمات البحرية بوظيفة نائب الرئيس

التنفيذي

has joined Ikarus United Marine Services as a Deputy

CEO

Sarah Al Zayadeen Balqees Ilyanساره الزيادين بلقيس عليان

التحقت بالعمل لدى شركة gig︱ الشرق العربي للتأمين

بوظيفة ضابط في إدارة المطالبات الطبية



has joined gig︱ Arab Orient Insurance Company as an

Officer in the Medical Claims Department



AlNoaman AlShaarالنعمان الشعار


نائب مدير مشروع في إدارة المشاريع

has joined UBC as a Deputy Project Manager in the Projects Department

Rema Alzorqanريما الزرقان


بوظيفة ضابط في إدارة البيع عبر الهاتف

has joined gig︱ Arab Orient Insurance Company as

an Officer in the Telesales Department

Rasha Al Dwiriرشا الدويري


بوظيفة ضابط في إدارة البيع عبر الهاتف

has joined gig︱ Arab Orient Insurance Company as

an Officer in the Telesales Department

Alaa Al Omariعالء العمري

التحق بالعمل لدى شركة gig︱ الشرق العربي للتأمين بوظيفة مسؤول حسابات

في إدارة التجزئة لألفراد has joined gig︱ Arab Orient Insurance Company as an Account Executive in the Customer Care – Retail &

Telesales Department

Saleh AlHyari Anuj Jainصالح الحياري أنجو جاين

التحق بالعمل لدى شركة gig︱ الشرق العربي للتأمين


التحق بالعمل لدى مركز المعرفة بلسر بوظيفة

مستشار أول في مجموعة األعمال االستشارية



has joined PKC as a Senior Consultant in the Business

Advisory Group

Hasan Al Adwanحسن العدوان

التحق بالعمل لدى شركة المباني المتحدة بوظيفة مدير مشاريع أول في إدارة المشاريع

has joined UBC as a Senior Project Manager in the Projects Department

Ali AlDawoudعلي الداود


مهندس مشتريات أول في إدارة المشاريع

has joined UBC as a Senior Procurement Engineer in the

Projects Department

Mohammad Farwana Yasir Sirbelandمحمد فروانة ياسر سيربيالند

التحق بالعمل لدى شركة المباني المتحدة بوظيفة مهندس موقع في إدارة

المشاريع

التحق بالعمل لدى شركة المباني المتحدة بوظيفة مساح

أراضي في إدارة المشاريع

has joined UBC as a Site Engineer in the Projects

Department

has joined UBC as a Land Surveyor in the Projects

Department

KIPCO PEOPLE

41

45


Rohit Tolaniروحيت طوالني

التحق بالعمل لدى مركز المعرفة بلسر بوظيفة مدرب

إداري في مجموعة األعمال االستشارية

has joined PKC as a Management Trainee in the Business Advisory Group

Rajat Bagchiراجات بابجشي

التحق بالعمل لدى شركة كامكو بوظيفة نائب رئيس في

إدارة بحوث االستثمار

has joined KAMCO as a Vice President in the Investment

Research Department

Omar Mehdiعمر مهدي

التحق بالعمل لدى الجامعة األمريكية في الكويت بوظيفة

منسق رياضة في مكتب الحياة الطالبية

has joined AUK as a Sports Coordinator in the Office of

Student Life

Enas Azab Mehdi Tehraniإيناس عزب مهدي طهراني

التحقت بالعمل لدى الجامعة األمريكية في الكويت بوظيفة

محلل معلومات في مكتب األبحاث

التحق بالعمل لدى الجامعة األمريكية في الكويت

بوظيفة منسق مساعد – األمن والسالمة في قسم

خدمات الجامعة

has joined AUK as a Data Analyst in the Office of Institutional Research

has joined AUK as an Assistant Coordinator – Safety & Security in the

Campus Services Department

Abhishek Anandأبيشيك آناند

التحق بالعمل لدى مركز المعرفة بلسر بوظيفة

معاون أول في مجموعة خدمات تعزيز األعمال

has joined PKC as a Senior Associate in the Business Enhancement Services

Saleh Hannaصالح حنا

التحق بالعمل لدى الجامعة األمريكية في الكويت

بوظيفة محاسب في قسم المالية

has joined AUK as an Accountant in the Finance

Department

Ebrahim Khalilإبراهيم خليل

التحق بالعمل لدى شركة شبكة الخليج لالتصاالت

بوظيفة رئيس قطاع عمليات الشبكات في إدارة

عمليات الشبكات has joined Gulfnet as a Head of Network Operations in the Network Operations

Department

Shahad Ibrahimشهد إبراهيم

التحقت بالعمل لدى شركة شبكة الخليج لالتصاالت

بوظيفة مدير مبيعات كبار العمالء في إدارة المشاريع

واألعمال الدوليةhas joined Gulfnet as a Major

Customers Sales Manager in the Enterprise & Global

Business Department

Alaa Achi Abdullah Ahmedعالء عشي عبداهلل أحمد


بوظيفة مدير حسابات العمالء في إدارة المشاريع

واألعمال الدولية


بوظيفة مدير حسابات العمالء في إدارة المشاريع

واألعمال الدوليةhas joined Gulfnet as an Account Manager in the

Enterprise & Global Business Deptartment

has joined Gulfnet as an Account Manager in the Enterprise and Global Business Department

Nimmi Agarwalنيمي أغاروال

التحقت بالعمل لدى مركز المعرفة بلسر بوظيفة مديرة تنفيذية في مجموعة األعمال

االستشارية للتنمية التجارية

has joined PKC as an Executive – Business

Development in the Business Advisory Group

Sakshi Bansalساكشي بانسال

التحقت بالعمل لدى مركز المعرفة بلسر بوظيفة محلل

بحوث في مجموعة األعمال االستشارية

has joined PKC as a Research Analyst in the Business

Advisory Group

Sapna Wijemanna Pulagam Reddyسابنا ويجيمانا بوالغام ريدي

التحقت بالعمل لدى مركز المعرفة بلسر للخدمات

االستشارية جيه ايل تي في دبي بوظيفة محللة تجارية

التحق بالعمل لدى مركز المعرفة بلسر بوظيفة محلل

تجاري في مجموعة األعمال االستشارية

has joined PKC Advisory Services JLT, Dubai as a

Business Analyst

has joined PKC as a Business Analyst in the Business

Advisory Group


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Bilal Al Natourبالل الناطور


بوظيفة موظف خدمة العمالء في إدارة مبيعات األفراد

واألعمال الصغيرةhas joined Gulfnet as a

Call Center Agent in the Residential & Small Business

Department

Bilel Saadouniبالل السعدوني


بوظيفة موظف خدمة العمالء في إدارة مبيعات األفراد واألعمال

الصغيرةhas joined Gulfnet as a


Department

Nasser Fazaa ناصر فزاع


بوظيفة موظف خدمة العمالء في إدارة مبيعات األفراد واألعمال الصغيرةhas joined Gulfnet as a


Department

Mohammed Haji Khaled Al-Rahhal محمد حجي خالد الرحال



واألعمال الصغيرة





Department

has joined Gulfnet as a Call Center Agent in the

Residential & Small Business Department

Roy Vargheseروي فارجيس


بوظيفة مدير حسابات األعمال العالمية في إدارة المشاريع واألعمال الدولية

has joined Gulfnet as a Global Business Account Manager in the Enterprise & Global

Business Department

Wael Ahmadوائل أحمد

التحق بالعمل لدى شركة شبكة الخليج لالتصاالت بوظيفة

رئيس فريق مبيعات - المعارض والموزعين في إدارة مبيعات األفراد


Reseller & POS Team Leader in the Residential & Small

Business Department

Bandar Shattiبندر شاتي


بوظيفة موظف مبيعات في إدارة مبيعات األفراد واألعمال

الصغيرةhas joined Gulfnet as a Sales Agent in the Residential & Small Business Department

Fadi Boulosفادي بولس




Mohammad Al Shimli Ghadah Al Haddadمحمد الشملي غادة الحداد



الصغيرة




has joined Gulfnet as a Sales Agent in the Residential & Small Business Department

Mohammad Abu Shalhoubمحمد أبو شلهوب


بوظيفة ضابط دعم مبيعات الشركات في إدارة المشاريع

واألعمال الدولية

has joined Gulfnet as a Corporate Support Officer in the Enterprise & Global

Business Department

Daniel Al Halabiدانييل الحلبي


بوظيفة موظف خدمة العمالء في إدارة مبيعات األفراد واألعمال الصغيرة



Abdulaziz Al Houti Ahmad Abu Eidahعبدالعزيز الحوطي أحمد أبو عيدة



واألعمال الصغيرة


بوظيفة موظف خدمة العمالء في إدارة مبيعات األفراد واألعمال الصغيرة





KIPCO PEOPLE

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Libu Thomasليبو توماس


بوظيفة مهندس ميداني في إدارة عميات الشبكات

has joined Gulfnet as a Field Engineer in the Network Operations Department

Mohannad Chahoutمهند شاحوط

التحق بالعمل لدى شركة شبكة الخليج لالتصاالت بوظيفة مسؤول مركز

المعلومات في إدارة نظم المعلومات

has joined Gulfnet as a Data Center Administrator in the Information System

Department

Eman Obaidإيمان عبيد

التحقت بالعمل لدى شركة شبكة الخليج لالتصاالت بوظيفة منسق العالقات

الحكومية في إدارة العالقات الحكومية

has joined Gulfnet as a Government Relations

Coordinator in the Government Relations

Department

Salah Abdallah Rana Al Shammariصالح عبداهلل رنا الشمري


بوظيفة منسق تركيبات في إدارة العالقات الحكومية


بوظيفة ضابط دعم مبيعات الشركات في إدارة العمليات

التجاريةhas joined Gulfnet as a

MOC Coordinator in the Government Relations

Department

has joined Gulfnet as a Corporate Support Officer in the Business Operations

Department

Ali Mohammedعلي محمد



الصغيرة

has joined Gulfnet as a Sales Agent in the Residential & Small Business Department

Mahmoud Al Sayedمحمود السيد

التحق بالعمل لدى شركة OSN بوظيفة موظف مبيعات

في إدارة المبيعات المباشرة

has joined OSN as a Direct Sales Executive in the Direct

Sales Department

Doaa Al Sayedدعاء السيد

التحقت بالعمل لدى شركة OSN بوظيفة موظف مبيعات



Sales Department

Mohamed Hassanمحمد حسن




Sales Department

Ali Hussain Mohamed Mousaعلي حسين محمد موسى






Sales Department


Sales Department

Muntaser Farahمنتصر فرح


بوظيفة مهندس أول شبكات رئيسية في إدارة عمليات

الشبكات

has joined Gulfnet as a Senior Field Engineer in the Network

Operations Department

Mohammed Abdeenمحمد عابدين


بوظيفة مهندس أول شبكات رئيسية في إدارة عمليات

الشبكات

has a joined Gulfnet as a Senior Network Engineer

in the Network Operations Department

Osama Hussain Mohammed Hassounaأسامة حسين محمد حسونة


بوظيفة مستشار أول حلول في إدارة المشاريع وعمليات ما

قبل البيع


بوظيفة مهندس حلول في إدارة المشاريع وعمليات ما

قبل البيع

has joined Gulfnet as a Senior Solutions Consultant in the

Presales & PMO Department

has joined Gulfnet as a Solutions Architect in the

Presales & PMO Department


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Sumaia Al Ogailiسمية العجيلي

التحقت بالعمل لدى مجموعة الخليج للتأمين بوظيفة

سكرتيرة في إدارة الممتلكات والحوادث

has joined GIG as a Secretary in the Property & Casualty

Department

Nouradeen Ishkuntanaنور الدين اشكنتنا

التحق بالعمل لدى شركة الخليج لتأمينات الحياة بوظيفة محصل في إدارة المالية -الحياة

has joined GLIC as a Collector in the Finance - Life

Department

Haggag Abdel Aalحجاج عبدالعال

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة محاسب في إدارة المالية

has joined GIG as an Accountant in the Finance

Department

Meshaal Abdullahمشعل عبداهلل

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة مراسل في إدارة البحري

والطيران

has joined GIG as a Messenger in the Marine &

Aviation Department

Shaaban Mohamedشعبان محمد

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة معاين في إدارة السيارات

has joined GIG as a Surveyor in the Motor Department

Amer AlEnezi Mohamed Abdallaعامر العنزي محمد عبداهلل

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة مقيم

حوادث السيارات في إدارة السيارات

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة

مساعد إدخال بيانات في إدارة السيارات

has joined GIG as a Motor Accident Appraiser in the

Motor Department

has joined GIG as a Data Entry Assistant in the Motor

Department

Awrad Alhlaimiأوراد الحليمي

التحقت بالعمل لدى مجموعة الخليج للتأمين بوظيفة منسق

إداري في إدارة اإلنتاج

has joined GIG as an Administrative Coordinator in the Production Department

Ibrahim Hassaballahإبراهيم حسب اهلل

التحق بالعمل لدى مجموعة الخليج للتأمين بوظيفة

محلل مخاطر تشغيلية أول في إدارة المخاطر

has joined GIG as a Senior Operational Risk Analyst in the Risk Management

Department

Ramzi Kadriرمزي القادري

التحق بالعمل لدى شركة الخليج لتأمينات الحياة بوظيفة محصل في إدارة المالية -الحياة

has joined GLIC as a Collector in the Finance - Life

Department

Ahmed Shalabyأحمد شلبي

التحق بالعمل لدى شركة الخليج لتأمينات الحياة

بوظيفة مسوي مطالبات في إدارة تعويضات الطبي

has joined GLIC as a Claims Adjuster in the Medical

Claims Department

Farsana Kanhiranفارسانا كانهيران

التحقت بالعمل لدى شركة الخليج لتأمينات الحياة

بوظيفة مساعد مسؤول طبي في إدارة تعويضات

الطبيhas joined GLIC as an

Assistant Medical Officer in the Medical Claims

Department

Fathima Haroonفاطمة هارون

التحقت بالعمل لدى شركة الخليج لتأمينات الحياة

بوظيفة مساعد مسؤول طبي في إدارة تعويضات

الطبيhas joined GLIC as an

Assistant Medical Officer in the Medical Claims

Department

KIPCO PEOPLE

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kipco targeting to double profit by 2018

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