Newest Corporate Members

Nov 3 - AmCham Kuwait's Executive team met with Ooredoo's leadership in order to discuss future collaborations and partnerships between both entities. Partnerships with entities in different sectors allow AmCham to serve its members by creating collaborations amongst different sectors, and cohesion within the business community. Read more...

Nov 9 -  AmCham Kuwait was recognized by the U.S. Embassy of Kuwait and their Commercial Section as a Supporting Partner for the Discover America Week events that took place in October. Discover America week highlighted different aspects of American expertise, culture, technology, music, sports, food, and much more. We thank the U.S. Embassy for their tireless efforts to make DAW a success, and we look forward to DAW 2023. Read more...

Nov 11 - ABCK-AmCham Kuwait held its 20th Golf Tournament at the Sahara Golf Course. We would like to thank our event sponsors: Gold Sponsor - GOFSCO, Silver Sponsor - Saudi Arabian Chevron, and our Travel Partner - KLM & AIRFRANCE

We thank all the golfers and attendees for their participation, and we hope that you had a great time. We congratulate the winners of the tournament as well as the category winners! Read more...

Nov 16 - Dr. Arezou Harraf was invited to 'The Guest Show' to talk about her journey as a mentor and trainer, about the AmCham Kuwait's women capacity building initiatives, and how these harbor positive results in the economic development of the country. Tune in to listen to her interview on December 8th at 10AM & 10PM- Radio Kuwait International English Station. Read more...

Nov 17 - We would like to wish a very happy 247th birthday to the Marine Corps. We thank them for their service, grit, courage, and compassion. Read more...

Nov 19 - AmCham Kuwait organized a beach clean-up with AmCham Members and Friends to collect plastics and other waste at the Kuwait Free-trade Zone as part of the Chamber's sustainability initiatives. As many of you know, this zone has several migratory birds that come around yearly, and it is important to continue maintaining the shoreline's cleanliness to enable better migration and conservation of our fauna.

We would like to thank all who participated. Let's all do our part to "keep the plastics out of the ocean"! Read more...

Nov 20 - The U.S. Embassy's Commercial Section hosted a roundtable discussion with AmCham Kuwait's Human Resources Focus Group Members to discuss current industry challenges that apply to virtually every sector. The meeting enabled participants to work on ideas to solve some of the challenges that entities face with manpower and retention. Read more...

Nov 22 - AmCham Kuwait held its Annual Thanksgiving Dinner at the Jumeirah Messilah Beach Hotel & Spa. AmCham Kuwait with the support of the US Embassy's OMC-K invited several US Military Servicemembers to spend this Thanksgiving Dinner with us, along with AmCham Members and Friends as part of the tradition since AmCham Kuwait's founding.

We would like to thank our event sponsors for their crucial support: Platinum Sponsors and Champions: Lockheed Martin, Kuwait & Gulf Link, Gold Sponsor, and Champion: Kuwait Resources House, and Gold Sponsor and Board Member: Saudi Arabian Chevron. We would also like to give a special thanks to our exclusive Travel & Tourism Partner: IFA International Travel & Tourism. Read more...

Nov 24 - The U.S. Embassy and AmCham Kuwait participated in PepsiCo's rPET Launch event - The first beverage brand in Kuwait to locally manufacture 100% recycled plastic bottles – excluding caps and labels. The launch is the next milestone in PepsiCo’s efforts to expand the presence of recycled bottles in the Gulf Cooperation Council (GCC). Read more...

Nov 28 - AmCham Kuwait's Knowledge Economy Focus Group met in person for the first time, as it kicked off with a discussion on the goal of the group, as well as initiatives for the next year in order to support Kuwait with knowledge transfer and knowledge management. We look forward to having more members support this crucial initiative, as this focus group will touch upon every single industry. Read more...

Nov 29 - AmCham Kuwait's Shipping & Logistics (S&L) Focus Group discussed the previous white paper and went through each of the topics in order to see if some of these challenges were still relevant. The S&L FG will continue to work together to share best practices as Kuwait imports more than 90% of its goods - making the ports a vital structure for trade, investment, and sustenance.

ABK Launches the Next-Generation Digital Onboarding Service

Al Ahli Bank of Kuwait (ABK) is pleased to launch its next-generation digital onboarding feature. Potential customers can now enjoy the convenience of instantly opening ABK accounts either through the mobile app or eahli.com. Read more...

AIU Film Festival Award Ceremony

At AIU, we pride ourselves in creating hubs for creatives and providing a platform to recognize their amazing work. The film indsutry in Kuwait and the region is a diverse and engaging field with a multitude of talented artisits from directors, producers, actors and more, shaping the regional film scene.  Read more...

Boeing Announces New International Leaders

LONDON, Dec. 4, 2022 /PRNewswire/ -- Boeing [NYSE: BA] today announced that Dr. Brendan Nelson AO will take over as president of Boeing International (BI) and lead the company's international strategy and corporate operations. The former Australian diplomat and government minister will succeed Sir Michael Arthur when he retires from Boeing in early 2023 after five decades of service in the public and private sectors, including the past four years at the helm of Boeing International. Read more...

Cisco Showcases Latest Innovations to Secure Organizations Wherever Work Happens

Cisco Partner Summit, Las Vegas, NV. – November 1, 2022 – Cisco today announced new capabilities across its security portfolio so teams can be more productive and protected wherever they are working from. Unveiled at Cisco’s annual Partner Summit conference, the news demonstrates continued progress towards the strategic vision of the Cisco Security Cloud that will protect the integrity of an organization’s entire IT ecosystem. The end-to-end platform will safeguard users, devices and applications across public clouds and private data centers, without public cloud lock-in. Read more...

Cigna Reports Strong Third Quarter 2022 Results, Raises 2022 Outlook



BLOOMFIELD, Conn., Nov. 3, 2022 /PRNewswire

This link will open in a new tab.

/ -- Global health services company Cigna Corporation (NYSE: CI) today reported strong third quarter 2022 results reflecting growth in both Evernorth and Cigna Healthcare.

"We built on our momentum from the first half of 2022 with strong execution in the third quarter across our businesses and a continued focus on serving customers and clients with our differentiated health and well-being solutions," said David M. Cordani, chairman and chief executive officer. Read more...

Anti Money Laundering “AML”



In recent years, the phenomenon of money laundering has aggravated and has become floating on the surface in a way that disturbs the owners of commercial companies because of the risks it poses to them and the country’s economy. This is why the legislator confronted it and issued many legislations warning of this phenomenon, as the legislator expanded in describing the term money laundering or what is called the economy by various terms such as the “hidden – the black – the shadow” economy, to protect individuals and companies themselves from such operations that involve gaining money from illegal sources, as the phenomenon of money laundering is the processing of criminal proceeds to hide their illegal source. Read more...

Dell Technologies Strengthens Cyber Resiliency with Multicloud Data Protection and Security Innovations

EY today announces that it has expanded its technology ecosystem ROUND ROCK, Texas – November 17, 2022 —  Dell Technologies (NYSE:DELL) is expanding its industry leadership in data protection appliances and software1 to help customers protect their data on premises, in public clouds and at the edge. 

The Dell PowerProtect Data Manager Appliance leads a series of advancements for multicloud data protection that are simple to use and easy to consume. Dell innovation in AI-powered resilience and operational security accelerates the adoption of Zero Trust architectures, helping protect organizations from the increasing threat of cyberattacks. Read more...

Customs hikes fees by 100% for many services it provides – Bid to boost govt revenues

KUWAIT CITY, Nov 22: Within the framework of the government’s approach to re-pricing its services, and in order to increase public revenues, Al-Rai has learned from relevant sources that the General Administration of Customs has prepared with Ernst & Young a study to re-price its services, which included reviewing the fees of 65 certificates and forms.

According to the study, which considers the customs services the first source of income for the state in terms of non-oil revenues, it is proposed to increase the fees for some services by 100 percent, while others jumped 10 times. Read more...

GAC appoints new Group President

Global shipping, logistics and marine services provider GAC Group has announced the appointment of Pontus Fredriksson as its new Group President effective from January 2023.

Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive Co-Chairman alongside GAC’s long-standing Executive Chairman Björn Engblom. Read more...

General Dynamics Land Systems Delivers S-MET, the U.S. Army’s First Robotic Infantry Support Vehicle

STERLING HEIGHTS, Mich. – General Dynamics Land Systems, a business unit of General Dynamics (NYSE: GD), today delivered to the U.S. Army an initial tranche of 16 Small Multipurpose Equipment Transport (S-MET) vehicles, making them the first ground robots of their kind in Army history.

Based upon GD’s Multi-Utility Tactical Transport (MUTT), the S-MET is an eight-wheeled, enabling robotic technology for the dismounted Soldier. It lightens the load as an equipment-carrying “robotic mule” but also has built-in flexibility for wide variety of combat, combat support and combat service support functions and payloads.

Read more...

GIG receives ‘Insurance Brand of the Year’ award by the World Branding Forum

Kuwait, 08 November 2022: Gulf Insurance Group, one of the leading insurance service providers in the Middle East and North Africa region, was named ‘Insurance Brand of the Year’ by the World Branding Forum, a global nonprofit organization based in London. The winners were announced at the prestigious 2022-2023 World Branding Awards ceremony, at Kensington Palace, London.



Receiving the award, Mr. Khalid Al Sanousi, Group Executive Manager at GIG said: “We are pleased to win this international accolade in recognition of our continuous efforts to ensure excellence for our customers, partners and shareholders alike. By elevating our brand value, we seek to achieve our goal to be the number one choice for our customers in all the markets we operate in. Read more...

Hill International to Deliver Project Management Servcie For the Modernization of the Almaty Combined Heat and Power Plat 2 in Kazakhstan

PHILADELPHIA and ASTANA, Kazakhstan, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Hill International  (NYSE:HIL), delivering the infrastructure of change, announced today it was selected by JSC Almaty Power Plants, as part of an international consortium together with its local partners, to provide project management services for the modernization of the Almaty Combined Heat and Power (CHP) Plant. Notably, Hill completed the tender preparation phase in less than four months, and the process itself is now underway.. Read more...

Six Businesses Launch Corporate Coalition For Innovation & Technology Toward Net Zero

Sharm El Sheikh, Egypt, November 8, 2022 – A coalition of six global companies today announced the public launch of the Corporate Coalition for Innovation & Technology toward Net Zero (CCITNZ), a cross-sector business alliance dedicated to helping countries meet decarbonization and climate change goals through innovation and technology. CCITNZ has been working behind the scenes since its creation in late 2021.

CCITNZ intends to serve as an accelerator for industries across sectors and geographies to innovate and develop breakthrough technologies to help achieve these goals. Founding members include Bechtel, GE, GM, Honeywell, Invenergy, and Johnson Controls.

Read more...

Lockheed Martin Wins $84.5M Contract for Kuwait Ground Based Radar Systems

Lockheed Martin Missiles and Fire Control, Grand Prairie, Texas, was awarded a $97,135,912 modification (P00054) to contract W31P4Q-17-D-0026 for highly specialized technical support for the PAC-3 Missile Field Surveillance Program and missile post-production activities. Bids were solicited via the internet with one received. Read more...

Raytheon Intelligence & Space to gamify master air attack planning for USAF

CAMBRIDGE, Mass., (December. 6, 2022) – A Raytheon BBN-led team was recently awarded a contract, with a potential value of $25 million over three years, to work on the U.S. Air Force Research Laboratory’s Fight Tonight program. Fight Tonight will enable military leaders to rapidly determine the most effective way to achieve objectives during complex air attack scenarios by evaluating plan effectiveness against many possible situations and outcomes using faster-than-real-time executions of red and blue strategies. Read more...

Fellows from across industries meet to discuss lower carbon goals

Chevron is working toward a lower carbon future. The challenge we face is how to accelerate that transition while ensuring that affordable, reliable, ever-cleaner energy is available to meet the growing needs of the world.

Energy enables progress, and it is essential to modern life for billions of people around the world. Reducing carbon emissions is the goal, but we recognize that we must do so without sacrificing prosperity or security.  Read more...

Newly opened Waldorf Astoria Kuwait wins 'National Hotel Project of the Year' at the MEED Projects Awards

KUWAIT CITY – As they continue to garner international industry recognition, Kuwait's development projects remain an industry benchmark of opulence, exhibiting superior standards of design excellence, construction quality, and world-class delivery. In this regard, world-renowned media and business intelligence platform, MEED, recently revealed the national winners of its prestigious annual MEED Projects Awards, crowning the State’s first Waldorf Astoria hotel as “National Hotel Project of the year in Kuwait - 2022”. Read more...

Zain showcases its career opportunities to attract national talents

Zain, Kuwait’s leading digital service provider, announced its platinum sponsorship of the fifth Career and Studies Opportunities Expo (CSO5) organized by the Public Authority for Applied Education and Training (PAAET) under the patronage of H.E. Minister of Education and Minister of Higher Education and Scientific Research Dr. Hamad Al Adwani. Zain was present at the expo to showcase its available career opportunities to attract national talents. Read more...

Kuwait's al-Zour refinery starts commercial operations

The refinery is "a vital outlet for the disposal of heavy Kuwaiti oil and provides refined products for export in global markets with standard specifications", acting Kipic chief executive Waleed al Bader told state news agency Kuna.

Al-Zour will expand Kuwait's refining capacity to 1.415mn b/d from around 800,000 b/d when it reaches full capacity in 2023.

The project has faced repeated setbacks, first because of technical and logistical issues with contractors and more recently because of issues related to the Covid-19 pandemic. Kuwait had aimed to begin commissioning al-Zour in mid-2019 and have it fully operational by 2020. Read more...

MoI withdraws driving licenses of 10,000 expats

KUWAIT: The interior ministry has informed more than 10,000 expatriates about the cancellation of driving licenses they had obtained earlier, after a traffic department review concluded they do not meet the requirements for obtaining a driving license at the present time due to changing jobs or not meeting the minimum salary condition, which is a prerequisite for applying for a driving license.

“The notifications came as part of a continuous review of expatriates who hold driving licenses, a process that is still ongoing as ordered by the interior ministry, with the aim of verifying the validity of conditions as well as deal with traffic jams, as expatriates constitute the largest proportion of motorists,” sources revealed to Kuwait Times. Read more...

Experts: Increased awareness on cybersecurity crucial in digital era

KUWAIT: Kuwait Technical College organized a panel discussion entitled ‘Computer Science Day’ on Wednesday with the participation of the US Embassy and the Communication and Information Technology Regulatory Authority at its premises. “We live today in the era of digital technology and information revolution. With the spread of smart devices and cloud services, and with electronic development, there are those who seek to target these systems through cyberattacks and information penetration in different ways,” Chairman of K-Tech Mashari Boodai said. Read more...

CAPT postpones decision on KNPC’s request to award tender for tank cleaning and repair

KUWAIT CITY, Nov 29: The Central Agency for Public Tenders has postponed the decision on the request of the Kuwait National Petroleum Company to award the tender for tank cleaning and repair, fiberglass works and painting at the Mina Al-Ahmadi refinery and liquid gas production facilities to the bidding company with the second lowest price at 10.777 million dinars, until further study and to refer the matter to the technical sector, reports Al-Rai daily. Read more...

EPA: Sustainability contributes to economic growth

KUWAIT: The Environment Public Authority stressed on Sunday the importance of applying sustainability in society, as it contributes to improving indicators of economic growth as well as attracting domestic and foreign investment towards new economic activities. “Environmental sustainability is a goal and a necessary requirement, as the ‘Sustainable Kuwait’ conference will be launched on the 12th of December under the slogan ‘Biodiversity to build a sustainable future’ under the sponsorship of the EPA, the United Nations, the National Assembly, the General Secretariat for Planning, Kuwait University and the Kuwait Institute for Scientific Research,” Director of Public Relations and Media at EPA Sheikha Al-Ibrahim said in a press statement. Read more...

Kuwait Foreign Minister meets US Gen. and UK official in Bahrain

MANAMA: Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah on Saturday met with Commander of United States Naval Forces Central Command and Commander of Fifth Fleet Vice-Admiral Charles Bradford Cooper on the sidelines of the 2022 Manama Dialogue. During the meeting, they stressed close relations between the State of Kuwait and the US, and underlined the significance of promoting bilateral cooperation in the naval security field as part of the existing strategic partnership between both friendly countries. Read more...

US official lauds Kuwait’s efforts against human trafficking

KUWAIT CITY: A ranking US official on Tuesday praised the State of Kuwait efforts in combating human trafficking and taking all necessary precautions against the phenomenon. The praise for Kuwait’s fruitful efforts was made by the visiting Deputy Director of the U.S. Office to Monitor and Combat Trafficking in Persons, Brian Marcus.Read more...

Kuwait Commits to Carbon Neutral by 2050

SHARM EL-SHEIKH, Egypt, Nov 8, (Agencies): Kuwaiti Foreign Minister Sheikh Salem Abdullah Al-Jaber Al-Sabah affirmed Monday Kuwait’s commitment to reaching carbon neutrality by 2050 in the oil and gas sector and in other sectors by 2060. In remarks to KUNA on the sidelines of the UN climate summit COP27 and the Middle East Green Initiative Summit currently held in Egypt, the Kuwaiti minister noted that the Representative of His Highness Kuwait’s Amir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah, His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah took part in the two summits Read more...

‘Kuwait’s financial reserves huge’ – A1 stable

KUWAIT CITY: Moody’s said that the credit position of Kuwait and the rating of the government of Kuwait at A1 stable depends on the country’s exceptionally huge financial reserves and huge oil and gas reserves with low production costs and very high income levels, pointing out that these strengths are offset by Kuwait’s very high dependence on oil and exposure to the risks of shifting from long-term carbon and challenging political environment, which impede policy formation and the country’s ability to adapt to regional geopolitical shocks and tensions... Read more...

PAM cancels annual increase of 50 KD salary cap on work permits

KUWAIT CITY, Dec 6: Public Authority for Manpower has canceled the increase of 50 KD salary cap per year for registration on work permits, reports Al Anba. The source stated that based on the public interest, the restriction on increasing the worker’s salary cap in the work permit specified at 50 dinars per year has been canceled. Increase in monthly salary entirely depends on agreement by the employer’s without any limits.  

Read more...

Kuwaitis and expats employed in oil sector can sell their leaves

KUWAIT CITY: The list of the employees in the oil sector who have applied to sell their leave days includes both Kuwaiti citizens and expatriates, reports Al-Rai daily quoting informed sources. They said, “The number of workers in the oil sector who benefit from the sale of leave days ranges between 13,000 and 14,000. They include permanent workers – Kuwaitis and expatriates – who meet the conditions stipulated in the Kuwait Petroleum Corporation Board decision No. 22/2022 dated May 30, 2022. Read more...

Law key to attract foreign investment

KUWAIT CITY, Dec 6: Business Environment Improvement Committee Chairman MP Abdulwahab Al-Essa disclosed that the panel met on Tuesday to discuss the factors leading to the minimal entry of foreign investments to the country with representatives of Kuwait Investment Authority (KIA) and Kuwait Direct Investment Promotion Authority (KDIPA). He said they agreed on the need for new legislation to address the issue and encourage foreigners to invest in the country. He added the committee discovered that the role of KDIPA is limited to license issuance, plot allocation, and assisting foreign investors in obtaining tax exemption. Read more...

USDA Invests More Than $59M to Improve Dietary Health and Nutrition Security

WASHINGTON, Nov. 22, 2022 – The U.S. Department of Agriculture (USDA) today announced an investment of $59.4 million to support the Gus Schumacher Nutrition Incentive Program’s (GusNIP) Produce Prescription and Nutrition Incentive programs designed to encourage families and individuals to eat more healthfully by increasing access to fresh fruits and vegetables. This investment delivers on a commitment made in the Biden-Harris Administration’s  National Strategy on Hunger, Nutrition, and Health to improve access to healthy and affordable food. Read more...

ICYMI: U.S. Department of Education Launches New Initiative to Support Career-Connected Learning and Increase Job Pathways for Young Americans



WASHINGTON – Today, the U.S. Department of Education (Department) announced the launch of Raise the Bar: Unlocking Career Success, a new Biden-Harris Administration initiative supported by the Departments of Commerce and Labor to increase and expand access to high-quality training programs to help young Americans pursue jobs in today’s in-demand fields, and be prepared for careers of the future. Read more...

Pentagon Awards $9B in Cloud Computing Deals to Four Firms

The Pentagon announced Wednesday it has awarded $9 billion in cloud computing contracts to Amazon, Google, Microsoft, and Oracle, after scrapping a previous deal during a dispute between two of those firms.

The Joint Warfighting Cloud Capability (JWCC) is a “multiple-award contract vehicle that will provide the DoD the opportunity to acquire commercial cloud capabilities and services directly from the commercial Cloud Service Providers,” the Pentagon said in a statement. Read more...

DOE Announces $43 Million To Support the Clean Energy Transition in Communities Across the Country



WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced $43 million for 23 projects to help communities plan their transition to a clean energy future and improve grid reliability and security. Twenty research projects will focus on increasing communities’ resilience to disruptions from extreme weather and other disasters, and three will focus on building tools to help communities better evaluate and benefit from local energy resources. Researchers will develop and share planning methodologies, tools, technologies, and best practices that can be replicated in communities across the country as they work to install clean energy and strengthen grid infrastructure. Read more...