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“The Company Program” Announces 2022 Competition Winners

KUWAIT: Under the sponsorship of Gulf Bank, a panel of judges at INJAZ Kuwait’s “Company Program” announced the winners of this year’s competition. This year’s event was held on May 27-28 in the presence of representatives from both Gulf Bank and the INJAZ Foundation, as well as a large number of male and female students, their parents, volunteers, and school teachers, in addition to other supporting and sponsoring companies affiliated with INJAZ.

This year, the award of “Best Student Company for the year 2022” was given to Eco International in the high school students’ category and Zabeel in the university students’ category.

The award for the best innovative product in the schools category was won by the Khutwa team and the universities category Haqibat. The winners of the best social impact product in the high schools category were the Active team, and the G Pharmacy team in the universities category. Finally, the winner of the best display booth from the high schools category went to Envo Char and the winner from the universities category went to Tafarudi.

This year’s panel of judges included Gulf Bank’s Head of Investment Management, Dalya Al-Qassem, with multiple Bank volunteers also playing a major role in guiding and assisting competing youth at all stages of their projects. This year, Gulf Bank’s team also provided mentorship programs and mock interviews to the students.

Winners of the “Best Student Company for the year 2022” award.

Gulf Bank’s Activities

On this occasion, the Manager of Corporate Communications at Gulf Bank, Lujain Al-Qenaei, said: “We would like to congratulate the winners of this year’s competition, and we would like thank the INJAZ Kuwait foundation and our panel of judges for their role in yet another successful edition of our annual competition. We are wishing the winning teams the utmost success in the upcoming regional competition.”

Qenaei expressed her pride in Gulf Bank’s continuous collaboration with the INJAZ Kuwait foundation over seventeen consecutive years of strategic partnership that have resulted in the launch of multiple innovative ideas and companies, some of which have become part of the world’s economy and local business industry in Kuwait.

She pointed out that both local and global market requirements are changing rapidly, emphasizing the importance of Gulf Bank’s strategic partnership with the INJAZ Foundation in providing local youth with the support and expertise they will need to ensure their competitiveness in the market.

She also explained that Gulf Bank’s volunteer team played a major role in guiding and assisting competing youth at all stages of their projects. This year, Gulf Bank’s team also provided mentorship programs and mock interviews to Kuwait University and Box Hill College students.

Qenaei also emphasized Gulf Bank’s keenness to support and develop professional work skills among local youth as part of its social responsibility program, heading various educational initiatives throughout the year that have a sustainable impact on the lives of youth and society. INJAZ Kuwait’s Company Program is extremely popular among local high school and university students, as it provides an unprecedented opportunity for students to practice establishing and managing companies, from developing a business idea to conducting feasibility studies, selling shares, working as management teams, developing business plans, producing and selling products and services and eventually liquidating the company with profit/loss statements.

Laila Al-Mutairi, the CEO of INJAZ Kuwait, added that the faith of private sector institutions, companies and supporting bodies in these initiatives is one of the drivers behind the continuity and success of the INJAZ Kuwait Foundation. Al Mutairi noted that their partnership with Gulf Bank is an extraordinary one, as it is a strategic partnership that has extended over multiple years. Gulf Bank is considered a primary supporter of the foundation’s activities, regularly providing volunteers at INJAZ events and participating in training programs for students.

She added that INJAZ Kuwait has trained more than 100,000 male and female students across various training programs that aim to refine youth skills in three areas: workplace readiness, entrepreneurship, and financial literacy. Al Mutairi also noted that INJAZ Kuwait continues to look forward to providing local youth with the necessary skills and preparation needed to face any challenges the future may hold.

Gulf Bank’s vision is to be the leading Kuwaiti Bank of the Future. The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large. With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience.

Gulf Bank is committed to maintaining a robust sustainability program at the community, economic, and environmental levels through sustainability initiatives that are strategically selected to benefit both the country and the bank. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.

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