Latest news with #ZainKuwait
Zawya
3 days ago
- Business
- Zawya
Kuwait hosts high-level energy roundtable to accelerate energy transformation
Kuwait City - Kuwait Direct Investment Promotion Authority (KDIPA), in cooperation with The Business Year (TBY), organized The Thought Leadership Circle: Empowering Energy Transformation today at the Chairman's Club, KIPCO Tower. The event brought together senior decision-makers from Kuwait's energy and finance sectors, global companies, and international partners to shape the country's energy future. This Thought Leadership Circle series featured keynote contributions from His Excellency Sheikh Dr. Meshaal Jaber Al-Ahmad Al-Sabah, Director General of KDIPA, who outlined Kuwait's strategic approach to achieving net-zero emissions and energy diversification. Mohammad Mulla Yaqoub, Assistant Director General for Business Development at KDIPA, highlighted the importance of public-private collaboration in accelerating Kuwait's energy transformation and attracting sustainable investments. Hamad Al-Marzouq, Chief Enterprise Business Officer at Zain Kuwait said: 'As a trusted and key partner to Kuwait's digital transformation journey, Zain is committed to enabling the energy sector's evolution through cutting-edge technology and meaningful collaboration. The future of energy lies in how we harness innovation to drive sustainability, resilience, and long- term economic growth, and we're proud to contribute to that transformation.' Shell Kuwait, represented by Anwar Al-Mutlaq, contributed with insights on upstream advancements and the role of international expertise in achieving Kuwait's 2035 and 2040 production goals. The Kuwait Banking Association (KBA), a strategic sponsor, underscored the financial sector's role in enabling the energy transition and mobilizing capital for green infrastructure. The discussion explored Kuwait's roadmap to net-zero emissions by 2050, the role of innovation and foreign direct investment in the sector, and the country's recent upstream discoveries, including the Al-Nokhatha, Al-Julaiah, and North Wafra fields. Attendees exchanged views on how these developments can drive economic diversification and position Kuwait as a hub for energy innovation and cross-border partnerships. Prominent figures participating in the roundtable included Sheikh Ahmed Duaij Jaber Al Sabah, Chairman of the Commercial Bank of Kuwait; Bader Ebrahim Al Attar, MD Planning & Finance, KPC; Anwar AlMutlaq, Vice President Upstream and Country Chair of Shell Kuwait; Meshal S. Esbaitah, Vice Chairman of IMKAN International Company; António Azevedo Campos, Co-founder and CEO of Hub2Energy; moderated by Alexander Krunic, Senior Advisor to the Chairman, Commercial Bank of Kuwait. The event offered a platform for deep dialogue and collaboration aimed at advancing Kuwait's energy transformation and investment attractiveness.
Kuwait Times
25-05-2025
- Business
- Kuwait Times
Zain and Rakuten Symphony partner to deploy Cloud-Native Open RAN
KUWAIT: Zain Kuwait and Rakuten Symphony have announced the signing of a Memorandum of Understanding (MoU) that will see the organizations collaborate on a pilot project to establish a functional cloud-native Open Radio Access Network (Open RAN) in the country. Zain Kuwait will utilize Rakuten Symphony's ORAN and Cloudportfolio to deliver 5G Standalone sites as part of a project that will represent Kuwait's first Open RAN deployment of its kind. The MoU was signed at Rakuten Symphony's headquarters in Tokyo, Japan, by Daaij Al-Oud, Chief Technology Officer at Zain Kuwait, and Sharad Sriwastawa, President of Rakuten Symphony, along with executive teams from both partners. The project will be the initial phase for planned large scale commercial deployment of Open RAN in Kuwait and across Zain Group, which operates in eight markets across the Middle East and North Africa region. As part of the project, Rakuten Symphony will supply its innovative Open RAN virtualized Distributed Unit and Centralized Unit software, along with cloud-native virtualized software, as well as ensuring that its Open RAN solution is fully functional and capable of handling commercial traffic. Zain Kuwait will allocate the required cell sites as well as providing data center infrastructure and 5G SAcore with related transport connectivity. Al-Oud and Sriwastawa with Zain and Rakuten Symphony executives in Tokyo. Exchange of commemorative gifts. Daaij Al-Oud said, 'This collaboration with Rakuten Symphony marks a significant step in our journey to transform Kuwait's telecom infrastructure. By piloting the country's first cloud-native Open RAN deployment, we aim to unlock new levels of network agility, efficiency and scalability. This initiative is not just a technological milestone for Zain Kuwait, but a strategic move that aligns with our broader vision of leading digital innovation across the region.' Sharad Sriwastawa said, 'Rakuten Symphony is pleased to support Zain Kuwait in delivering the country's first Open RAN deployment of its kind. By venturing into networks driven by cloud-native, open principles and leveraging Rakuten Symphony's proven portfolio, Zain Kuwait has the potential to realize the benefits of increased operational flexibility and reduced time to market, in turn delivering better performance for customers.' Rakuten Mobile, in collaboration with Rakuten Symphony, will apply the achievements obtained from the 'Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems (JPNP20017)', subsidized by the New Energy and Industrial Technology Development Organization (NEDO). • Daaij Al-Oud: 'By piloting the country's first cloud-native Open RAN deployment, we aim to unlock new levels of network agility, efficiency and scalability' • Sharad Sriwastawa: 'Leveraging Rakuten Symphony's proven portfolio, Zain aims to boost network agility and accelerate service delivery for an enhanced customer experience'
Kuwait Times
16-05-2025
- Sport
- Kuwait Times
Zain congratulates Qatar for winning championship title
KUWAIT: Zain announced its official sponsorship of the 10thArab Handball Cup Championship, which was hosted in Kuwait and organized by the Kuwait Handball Federation. The tournament saw the participation of 9 Arab national teams who competed over a full week in a vibrant sports atmosphere and a strong fan presence. The championship concluded with Qatar winning the title, Bahrain coming in second, and Kuwait taking third place. At the closing ceremony, President of the Kuwait Handball Federation, Fouad Al-Bloushi, honored Hamad Al-Musaibeeh, Corporate Relations Department Manager at Zain Kuwait, in recognition of Zain's support for the championship. The company's sponsorship came as part of its ongoing strategy to support major tournaments that enhance Kuwait's presence in both local and international sports arenas. The company is keen on supporting high-profile competitions hosted in the country that reflect diversity and excellence across various sports disciplines, including handball, which enjoys a wide fan base and a record of notable achievements by the Kuwaiti national team. Fouad Al-Bloushi honors Hamad Al-Musaibeeh for Zain's support of the championship. The tournament featured an electric atmosphere and remarkable fan attendance. The 10thedition of the championship was held at the Sheikh Saad Al-Abdullah Indoor Sports Complex and featured 9 strong Arab teams: Saudi Arabia, Bahrain, Qatar, the UAE, Iraq, Egypt, Tunisia, Morocco, and the host nation Kuwait. The Kuwaiti national team achieved third place following a commendable performance that received praise from fans and spectators, reflecting the significant progress of handball in Kuwait. Zain expressed its pride in being part of this major sporting event that brought together top Arab handball talents. The company affirmed that its sponsorship of the tournament aligns with its vision to empower young athletes, showcase national talent, and promote a culture of fair competition within a healthy sports environment that positively contributes to society. Zain continues to support sports and athletes through its strategic partnerships with official sports bodies and its belief in sports as a key driver of social and youth development. The company emphasized that such tournaments help reinforce Kuwait's position as a vibrant sports hub in the region.
Arab Times
15-05-2025
- Sport
- Arab Times
Zain renews commitment to supporting sports locally and regionally
KUWAIT CITY, May 15: Zain announced its official sponsorship of the 10th Arab Handball Cup Championship, which was hosted in Kuwait and organized by the Kuwait Handball Federation. The tournament saw the participation of 9 Arab national teams who competed over a full week in a vibrant sports atmosphere and a strong fan presence. The championship concluded with Qatar winning the title, Bahrain coming in second, and Kuwait taking third place. At the closing ceremony, President of the Kuwait Handball Federation, Fouad Al-Bloushi, honored Hamad Al-Musaibeeh, Corporate Relations Department Manager at Zain Kuwait, in recognition of Zain's support for the championship. The company's sponsorship came as part of its ongoing strategy to support major tournaments that enhance Kuwait's presence in both local and international sports arenas. The company is keen on supporting high-profile competitions hosted in the country that reflect diversity and excellence across various sports disciplines, including handball, which enjoys a wide fan base and a record of notable achievements by the Kuwaiti national team. The 10th edition of the championship was held at the Sheikh Saad Al-Abdullah Indoor Sports Complex and featured 9 strong Arab teams: Saudi Arabia, Bahrain, Qatar, the UAE, Iraq, Egypt, Tunisia, Morocco, and the host nation, Kuwait. The Kuwaiti national team achieved third place following a commendable performance that received praise from fans and spectators, reflecting the significant progress of handball in Kuwait. Zain expressed its pride in being part of this major sporting event that brought together top Arab handball talents. The company affirmed that its sponsorship of the tournament aligns with its vision to empower young athletes, showcase national talent, and promote a culture of fair competition within a healthy sports environment that positively contributes to society. Zain continues to support sports and athletes through its strategic partnerships with official sports bodies and its belief in sports as a key driver of social and youth development. The company emphasized that such tournaments help reinforce Kuwait's position as a vibrant sports hub in the region.
Kuwait Times
11-05-2025
- Business
- Kuwait Times
Zain shares expertise on leveraging AI and cybersecurity to manage enterprise risk
Company continues strategic partnership with Arab Media Forum in its 20th edition KUWAIT: Zain continued its long-standing strategic partnership with the Arab Media Forum, the region's most prominent media gathering, which returned for its landmark 20th edition under the theme Media Challenges in Light of Technological Development and Digital Transformation. The event was held at the Four Seasons Hotel under the patronage of the Prime Minister Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah and witnessed the attendance of leading media figures from across the Arab world. Zain participated in the opening ceremony, which was attended by the representative of the Forum's patron, Abdulrahman Al-Mutairi, Minister of Information and Culture and Minister of State for Youth Affairs, alongside Waleed Al-Khashti, Chief Corporate Affairs and Relations Officer at Zain Kuwait, Madhi Al-Khamis, Secretary General of the Arab Media Forum, and a distinguished audience of ministers, ambassadors, diplomats, media professionals, and senior officials. On the sidelines of the forum, Faisal Al-Ali, Enterprise Risk Management Department Manager at Zain Kuwait, joined a thought-provoking panel discussion titled Credibility and Information Verification in the Age of Artificial Intelligence, held in collaboration with the Arab Forum for Thought and Culture. Faisal Al-Ali participating in the panel discussion The panel also featured Nabil Yaqub Al-Hamar, Advisor to the King of Bahrain, Dr Mohammed Huwidan, Dean of the College of Humanities and Social Sciences from the UAE, and Dr Mohammed Rabie Al-Enezi, Professor at the College of Basic Education in Kuwait. During the session, Al-Ali highlighted Zain's experience in utilizing modern technologies such as artificial intelligence and cybersecurity solutions in enterprise risk management. He discussed how these digital tools play a key role in ensuring business continuity, anticipating future challenges, and enhancing the quality of strategic decision-making within private sector institutions. Al-Ali emphasized the importance of integrating such technologies within the operational frameworks of both corporations and governments. He explained how Zain's expertise in developing intelligent systems has contributed to proactively identifying and managing cyber threats, while also using data analytics models to assess risks and mitigate their potential impact on operations. Zain's strategic partnership with the Arab Media Forum—now in its 12th consecutive year—stems from its belief in the power of media and its societal impact, and reflects the company's ongoing support of the media sector at both the local and regional levels. The forum's panel discussions explored a range of topics, including the influence of artificial intelligence on the media industry, the critical role of cybersecurity in protecting digital content, and the role of media in raising public awareness and keeping pace with technological advancements. Several media professionals and content creators were also honored for their contributions to the advancement of the Arab media landscape. The 20th edition of the Arab Media Forum welcomed a wide array of media and academic figures, as well as content creators from across the Arab world, who engaged in rich discussions about the future of Arab media in an era of rapid digital transformation.
