WarbaBank

Warba Bank announced its sponsorship of the first-place winners in the Rowad Innovation Program from the Gulf University for Science and Technology, after the conclusion of its fourth edition that was for university students, in December 2022.

The sponsorship included the accompany of Warba Bank to the winners on their two days journey to visit the innovation centers in Dubai, United Arab Emirates. On the first day, the winners visited the MasterCard Experience Center at its regional headquarters to learn about their latest technologies and services in the field of digital transformation.

Erdem Cakar, Country Manager of MasterCard in Qatar and Kuwait, said: “We are committed to exploit our technologies and expertise to develop the digital transformation, which is a fundamental pillar within Kuwait Vision 2035. We are proud to work side by side with our partners at Warba Bank to present our vision of building a digital future for the next generation. The passion of the Rowad program winners has inspired us, and we look forward to the contribution of these young people in shaping the innovations that form our future.”

Next day, the team visited the Innovation Hub of the Dubai International Financial Center to learn about the regulatory environment and the programs they run in the field of global technology. In addition, the team visited the Virgin Mobile company in Dubai, which participated with the winning team by providing a detailed explanation of the company's role in the field of digital innovation. The Virgin Mobile team also presented "Skill-Up" workshops through the American digital "Masterclass" platform, which presents Richard Branson's class program to the winning team.

Warba Bank came up with the idea of the Rowad Innovation Program to adopt the innovations of university students, which is the first of its kind in Kuwait. It was launched in its fourth edition on October 23 and continued until December 14, 2022, as part of the social responsibility and contributing to unleash the potential of university students and enhancing their digital and financial culture, as well as supporting Warba Bank employees and giving them the opportunity to play a key role in strengthening the Bank’s position with the possibility of professional development .

Warba Bank is considered one of the banks that achieved great successes during a short period, as it was the first in the field of Islamic digital banking services for individuals, and it is also considered one of the most local banks in the number of its shareholders, and this is considered one of the most important elements that make the Bank close to all members of society.