KIB forges partnership with ECO, Kuwait’s first business incubator in environmental innovation and renewable energy

KIB forges partnership with ECO, Kuwait’s first business incubator in environmental innovation and renewable energy

Kuwait City, May 18: Kuwait International Bank (KIB) has announced the signing of a memorandum of understanding (MoU) with ECO, a pioneering business incubator in the fields of environment and renewable energy. The initiative aims to boost innovation in the business sector, support Kuwaiti projects, and adopt new environmental ideas. This step reflects the Bank’s …

Kuwait City, May 18: Kuwait International Bank (KIB) has announced the signing of a memorandum of understanding (MoU) with ECO, a pioneering business incubator in the fields of environment and renewable energy. The initiative aims to boost innovation in the business sector, support Kuwaiti projects, and adopt new environmental ideas. This step reflects the Bank’s commitment to its strategic objectives of supporting sustainable development projects and advancing progress in Kuwait, by enhancing environmental awareness within the community and transitioning to alternative energy sources, thereby reducing dependence on traditional energy.

Commenting on the new MoU, Marwa Marafie, Manager of Marketing and Corporate Communications at KIB, said: “At KIB, we take pride in embracing various initiatives and supporting efforts that ensure we achieve our goals concerning the transition to the safe use of alternative and renewable energy, and reducing reliance on traditional energy solutions. This commitment aligns