Press Releases
CBK Governor Honors the Winners of "2023 Kuwaiti Economic Student Award"
The Central Bank of Kuwait (CBK) held a ceremony to honor the winners of the “Kuwaiti Economic Student Award” in a ceremony attended by the CBK Governor and Chairman of the Board of Directors of the Institute of Banking Studies (IBS), Mr. Basel A. Al-Haroon, and a host of elite banking sector figures on Monday, November 18, 2024, at the CBK headquarters.
In his opening speech, the Governor underscored the CBK's keenness to advancing economic research in Kuwait, supporting national efforts across various sectors. He emphasized the importance of high-caliber research and innovation in the face of rapid global economic shifts. "Through initiatives like the Kuwaiti Economic Student Award, which is part of the “Kafa’a” initiative, launched by CBK in collaboration with Kuwaiti banks is one of these efforts, we aim to foster a culture of knowledge and research that empowers the next generation of economists to drive sustainable economic growth in Kuwait", Al-Haroon stated. The Kuwaiti Economic Student Award, is designed to nurture academic excellence and enhance research competencies among Kuwaiti students. By recognizing young talents with outstanding contributions to economic research, CBK seeks to inspire a new generation of researchers who are able to address pressing economic challenges and shape the future of Kuwait’s financial landscape.
The IBS Director General, Ms. Rana Abdullah Al-Nibari, stated that this award aligns with the CBK's strategy to nurture national talent through the "Kafa'a" initiative. She also noted that this year, the award attracted a total of 19 submissions, of which 11 were finalists. The award was evaluated by Committee comprising representatives from the CBK, Kuwait Finance House, National Bank of Kuwait, Gulf Bank, and IBS, in addition to international experts.
