KIB sponsors the national initiative “Soqia Al-Ghad” in a strategic partnership with Capital Governorate
Kuwait International Bank (KIB) reinstated its commitment to supporting national initiatives aimed at promoting a culture of sustainability and preserving natural resources through its strategic sponsorship of the national initiative “Soqia Al-Ghad” (“Watering for Tomorrow”). The initiative is organized by the Capital Governorate and the Ministry of Education, under the patronage and presence of His Excellency Sheikh Abdullah Al-Salem Al-Ali Al-Sabah, Governor of the Capital, in cooperation with the Kuwait Watering Society, the Ministry of Electricity, Water and Renewable Energy, and the Environment Public Authority.
The opening ceremony of the “Soqia Al-Ghad” initiative, a competition for high school students in the Capital, was held on Tuesday, November 4, 2025 at the St. Regis Kuwait Hotel. The event was attended by representatives of the organizing entities, along with a number of officials and stakeholders in the environmental and educational sectors. At the event, the Governor commended the prominent role played by the banking sector, represented by KIB, for its constructive contributions in supporting the goals of the initiative.
This initiative aims to raise awareness among high school students about the importance of conserving water and using it responsibly, and encouraging creativity and innovation among students, enabling them to contribute effectively to supporting the state’s efforts and achieving Kuwait Vision 2035. It features a month-long national student competition that includes the submission of scientific projects, technological ideas, innovative awareness campaigns, and practical school-based solutions. All entries will be evaluated by a judging panel comprising representatives from the Ministry of Education and the Kuwait Watering Society. The winners of the first and second places will be honored with certificates of appreciation and incentive awards.
Commenting on this participation, Othman Tawfeqe, General Manager of Retail Banking at KIB, stated: “KIB’s support for this initiative comes as part of its social responsibility and sustainability strategy, which focuses on empowering youth, supporting education, and promoting environmental awareness. The ‘Soqia Al-Ghad’ initiative reflects our belief that positive change begins with young people, who have the creativity and potential to develop sustainable solutions for the future. Through this partnership, we aim to instill the values of preserving natural resources and to reinforce the idea that every responsible action in our daily lives can contribute to protecting our environment and safeguarding the blessing of water. At KIB, we believe that investing in awareness and knowledge is just as important as financial investment, as it is what builds a more sustainable and progressive society.”
Tawfeqe emphasized that the strategic partnership with the Capital Governorate comes as part of the Bank’s commitment to strengthening cooperation with official and community entities to achieve the Sustainable Development Goals (SDGs) and to support national programs aimed at empowering youth and instilling environmental responsibility in them.
It is worth noting that KIB’s sponsorship of such events embodies its firm commitment to participating in initiatives that reflect its genuine concern for community issues and its dedication to fulfilling its national role. The Bank consistently strives to create a positive and lasting impact on Kuwaiti society, in line with its main slogan, ‘Bank for Life.’
Background Information
Kuwait International Bank
KIB a bank that operates according to the Islamic Shari’ah from 1st of July 2007, is a public quoted company. It was incorporated in 1973 and was originally known as the Kuwait Real Estate Bank.
As an Islamic bank, KIB’s business covers all banking services including Acceptance of Deposits, Financing Transactions, Direct Investment, Murabaha (auto, real estate and commodities), Ijara Muntahia Bittamleek (Lease-to-own) , Istisna’a, Tawarruq, Credit Cards, Wakala and other products. Corporate projects and finance, Treasury Services, Issuing Letters of Credit (L/Cs), Letter of Guarantee (L/Gs) and Real Estate Dealings and Management of Properties.