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Gulf Bank Sponsors the “Yalla Shabab” Conference
Kuwait – 30 December, 2009: Gulf Bank recently sponsored the “Yalla Shabab” Conference, held at the Salwa Al-Sabah Conference Center at Marina Hotel on December 20th and 21st. “Yalla Shabab” is a conference dedicated to empowering the entrepreneurial skills of youth in Kuwait.
The event started with a panel discussion by prominent individuals, each representing a different sector in Kuwait. Dr. Rola Dashti, Member of Parliament spoke about the state of affairs from a legislative perspective, highlighting the role of legislation in supporting youth. Fawzy Al-Thunayan, General Manager of Board Affairs at Gulf Bank also shared his views from a private sector perspective. " The country’s youth are energetic, ambitious and dedicated to the development of creative projects of all kinds. Conferences such as “Yalla Shabab” provide opportunities for young individuals to tap into their potential. Through small projects, young and prospective entrepreneurs can conceptualize their ideas into a real company, both financially and creatively. We as a bank understand the hardships that these young individuals may face when starting up a business and support it by specifically designing products for them. Gulf Bank is a winner of the prestigious Localization award for the fifth year in a row and recognized by the GCC Council of Ministers of Labor and Social Affairs”.
Thunayan added, “The current generations are developing what the past generations have created and are resolute and motivated. This can be achieved with proper planning and continuous effort, however; we should never forget the role of determination, optimism and the will to carry out these projects.”
Hassan Al-Qenaei, General Manager of Kuwait Small Projects Development Company, representing the Public Private Partnership also shared his thoughts. Mohammed Ibrahim, Events Manger at “Yalla Shabab” moderated the panel.
Following the panel discussion, the top ten entrepreneurial ventures were chosen by “Yalla Shabab". The projects progress and issues were also discussed.
Gulf Bank took the opportunity at the ceremony to showcase its ‘Red’ program for university students; an account specifically designed for 18-24 year olds and which requires no deposit. Red offers many innovative features including a no minimum balance charge, free online banking, free welcome gifts, exclusive discounts at selected shops and restaurants, all without the need for parental signature.
Gulf Bank is committed to supporting education and encouraging people to succeed and realize their ambitions. The Bank’s dedication to promoting a more prosperous Kuwait stems out of its own commitment in being a financial institution that is socially dedicated.
To find out more about Red, customers can visit one of Gulf Bank’s 50 branches strategically located all over Kuwait or log on to Gulf Bank’s bilingual website www.e-gulfbank.com for more information.
From Left to Right, Fawzy Al-Thunayan, General Manager of Board Affairs, Hassan Al-Qenaei, General Manager of Kuwait Small Projects Development Company, Mohammed Ibrahim, Events Manger at Yalla Shabab and Dr. Rola Dashti, Member of Parliament

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