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In the news..
KFH Showcases Technology and Digital Expertise at eGovernment Forum
As part of its commitment to enhancing cybersecurity services amid the rapid digital transformation, Kuwait Finance House (KFH) participated in the 12th eGovernment Forum titled “AI-Powered Information Security Services”. The event was organized by the Kuwaiti Federation of Engineering Offices and Consultant Houses, in collaboration with the Communication and Information Technology Regulatory Authority (CITRA) and the General Agency for Information Technology (CAIT). Held under the patronage of Minister of State for Communications Affairs, Omar Al-Omar, the forum brought together government officials, specialists and IT consultants from both public and private sectors. KFH’s participation as a strategic partner underscores its keenness to support e-government programs and share its expertise in technology and digital progress, especially amid the changes in the field that demand continuous adaptation and development. In his opening speech at the forum, Group Chief Technology and Digital Transformation Officer at KFH, Eng. Meshaal AlMunaikh, stated: “Cybersecurity has become one of the main pillars of sustainable digital development and a foundational component in building trust in both government and financial systems. With the acceleration of AI innovation, the need to deploy more advanced and proactive tools is increasing.” He added: “I am pleased that this forum reflects one of the most crucial pillars of the future. KFH recognizes that cybersecurity is not only a technical function. It has become an institutional culture and a central element in protecting our digital assets and ensuring the continuous advancement of our services.” AlMunaikh explained that KFH remains at the forefront of offering high-quality digital banking services and solutions while developing its technological infrastructure as part of its role in driving digital transformation across the banking sector. He noted that the Bank continues to invest in AI, cloud computing, data engineering, FinTech, digital product design, and cybersecurity controls. He emphasized that KFH continues its significant role in promoting cybersecurity awareness through its support for Kuwait Hackathon, the largest cybersecurity competition, for the second consecutive year in collaboration with the National Cybersecurity Center and CODED Academy. AlMunaikh highlighted that public-private partnerships today represent a cornerstone for building a secure and sustainable digital environment, adding that KFH is proud to be an active partner in supporting national efforts toward a safe digital transformation aligned with future requirements. He further noted: “Raising awareness about investing in human capital to build a secure digital environment is one of the factors of success and sustainability, he explained, “from this viewpoint, we stress the importance of continuously developing national competencies in cybersecurity and digital transformation and empowering a new generation capable of leading the future in this vital field. No matter how advanced technology becomes, its effectiveness ultimately depends on human awareness and the ability to use it responsibly and professionally.” AlMunaikh stressed the significance of shared responsibility to ensure AI technologies balance innovation and security, thus supporting the growth of the digital economy. He also thanked the eGovernment Forum organizers for their outstanding work in promoting a culture of digital security and strengthening institutional cooperation to build a safe and sustainable digital future for Kuwait.
KFH Warns of Cyber Fraud Posing as Official Entities
In line with its efforts to support Diraya campaign, Kuwait Finance House (KFH) has advised the public to be vigilant against cyber fraud. The bank noted that fraudulent emails, which impersonate official entities, are tricking people into visiting fake websites to make payments. This scheme makes them vulnerable to phishing and scams. KFH highlighted that fraudsters use these fake messages to deceive victims who believe they are legitimate. Once the victim falls for the trap, their personal data is stolen, allowing the scammers to hack their bank accounts and steal their money. KFH urged everyone to be cautious of fraudulent messages. These messages impersonate official entities and ask recipients to click on suspicious links or share one-time password (OTP) codes. KFH explained that avoiding interaction with these anonymous emails will help customers prevent fraud and protect their money and data. KFH advises its customers to never share any confidential information, such as ID card details, OTPs (One-Time Passwords), or bank card PIN. "Customers should avoid sharing this information over the phone, via email, or through any other means. KFH will never ask its customers to update or share their financial details through a phone call, email, or SMS." "With the increasing use of the internet, it has become easier to fall victim to scams." KFH pointed out that raising awareness is the first line of defense against fraud, no matter how skillful the fraudsters are. KFH has been committed to its leading role in supporting Diraya campaign since its launch by the Central Bank of Kuwait (CBK), in collaboration with local banks and Kuwait Banking Association (KBA). To this end, KFH continues to raise awareness among various segments of society. It does so by sharing financial literacy materials across all its social media and electronic channels, while also warning against different fraudulent methods and offering advice on how to protect against banking fraud.
Inauguration of KFH-Funded Tenth Wing at Addiction Treatment Center
In line with Kuwait’s commitment to protecting its people and fostering an addiction-free society, the tenth wing of the Addiction Treatment Center was inaugurated on Saturday, October 25, 2025. This expansion further strengthens the integration of the nation’s health and security efforts. The official opening was attended by His Excellency the First Deputy Prime Minister and Minister of Interior, Sheikh Fahad Yusuf Saud Al-Sabah, His Excellency the Minister of Health, Dr. Ahmad Abdulwahab Al-Awadhi, Chairman of Kuwait Finance House (KFH), Hamad Abdulmohsen Al-Marzouq, and Kuwait Finance House Group CEO, Khaled AlShamlan. The inauguration of this new wing, made possible with a contribution from KFH, underscores the unified action between state institutions and the private sector. This development will upgrade treatment and rehabilitation services, ensuring the provision of an integrated, healthy, and humane environment for individuals in recovery. His Excellency the Minister of Interior, Sheikh Fahad Yusuf Saud Al-Sabah stressed that this project illustrates the cooperation between government and private sector. He stated that Kuwait's approach to combating the drug scourge extends beyond security measures, prioritizing the individual by providing essential treatment, support, and rehabilitation. His Excellency pointed out that the Ministry of Interior, under the directives of the political leadership, works in complete harmony with state institutions and relevant authorities to promote a culture of prevention, intensify community awareness, and expand treatment and rehabilitation programs. He praised the Addiction Treatment Center's humanitarian and professional role in caring for recovering addicts and providing quality services that contribute to their recovery and reintegration into society as productive and influential individuals. He emphasized the Ministry's firm commitment to combating drugs while simultaneously extending a helping hand to people battling addiction. The inauguration of the tenth wing clearly demonstrates this dual commitment, affirming that treatment and rehabilitation are core responsibilities and that hope is always available for a new beginning. He explained that combating addiction requires a two-pronged approach: enforcing security measures to curb the spread of narcotics, and providing treatment and rehabilitation to rebuild the individual, stressing that investing in people is the most valuable investment of all. His Excellency also noted that this project represents a distinguished model for activating the private sector's social responsibility and supporting national efforts in the field of addiction treatment. He commended the vital role played by KFH in supporting the health and community sectors. His Excellency the Minister of Health, Dr. Ahmad Al-Awadhi, said that the tenth wing expansion covers approximately 900 square meters and offers a total capacity of 22 beds across 11 rooms, which include eight patient rooms, two single isolation rooms, and an observation room. The wing also features three lounges, a dining area, and dedicated rooms for visiting and medical inspection, along with three operational storage rooms. It includes a fully integrated administrative section housing a pharmacy, a doctors' lounge, and three organizational offices. His Excellency explained that this project complements the Ministry of Health's ongoing support for the Addiction Treatment Center, which was originally established in 2005 with a contribution from KFH. The center provides a comprehensive therapeutic and rehabilitative environment that helps patients return to normal life through advanced programs encompassing medical, social, psychological, sports, and artistic aspects. Meanwhile, KFH Chairman, Hamad Abdulmohsen Al-Marzouq, expressed the bank's pride in supporting the project, underscoring that the opening of the tenth wing is a continuation of KFH's initiative that established the treatment center back in 2005. He added that KFH's support stems directly from its belief in its national and societal responsibilities, emphasizing its commitment to health initiatives that foster social and family stability. The inauguration of the tenth wing is part of the center's comprehensive expansion plans. Following the opening of a larger prior expansion on January 15, 2025, which added 304 new beds, the center’s total capacity increased to 569 beds. Concluding the ceremony, the two ministers collectively thanked KFH for its pioneering national contribution. They emphasized that constructive partnerships between the public and private sectors are a key pillar supporting Kuwait’s vision for sustainable development and reinforcing national efforts to protect society from the dangers of addiction and drugs.
KFH Among the Most Influential Institutions in Legal Management
Kuwait Finance House (KFH) announced that the Group Legal Department has been recognized by Legal 500 GC Powerlist as one of the most influential institutions in legal management for 2025. This achievement reflects KFH`s commitment to the highest standards of legal professionalism and institutional excellence. Group Chief Legal Officer and Board Secretary, Fawaz Munawer Al-Enezi was selected in the GC Powerlist Kuwait 2025. He was awarded a certificate of excellence in performance for the year in recognition of his outstanding efforts and effective leadership of the Group Legal Department, as well as his remarkable contributions to strengthening the department’s legal framework. Senior Manager International and Subs Legal Affairs at KFH, Yousef Al-Obaidan Alazemi, has also been selected on this list, representing International Legal Affairs. The list is one of the most reputable international references for identifying top professional talents in the legal field. Commenting on this achievement, Fawaz Al-Enezi stated: “This recognition reflects the confidence of international institutions in the competence of KFH’s legal professionals and their ability to support the Group’s growth and keeping pace with the regulatory requirements across the various markets in which we operate.” He mentioned that KFH’s inclusion in this distinguished list reaffirms its adherence to the highest standards of legal performance and professional compliance with regulatory guidelines, aligning with the Bank’s esteemed reputation for attracting top-tier legal talents and empowering them to achieve excellence. Al-Enezi added: “I extend my sincere appreciation to KFH Group Board and Executive Management for their unwavering commitment to ensuring the Bank’s compliance with laws and regulations in all its transactions. I also commend their continuous support extended to the Legal, which served as a motivation to maintain this excellence and high standards in the legal profession, reinforcing KFH’s position as a leading global Islamic financial institution.” He also thanked the legal team, stressing that KFH’s inclusion in the list is a testament to the team’s dedication and hard work. “This recognition also highlights their extensive experience and commitment to the highest quality standards in the legal field, added Al-Enezi. “I am confident that the legal department at KFH will continue to achieve further milestones and recognitions in the future.” KFH’s inclusion among the top institutions in legal management is a testament of its accomplishments in addressing significant legal matters during the current year and its success of its vision of achieving leadership in Islamic banking. It is worth noting that Legal 500 GC Powerlist is one of the most reputable and internationally recognized sources in the global legal industry. Its annual rankings are based on research and analysis of the capabilities of in-house lawyers and legal teams across global institutions across different sectors.
