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Kuwait Airways, Boubyan Bank sign cooperation protocol

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Kuwait Airways signed a joint cooperation protocol with Boubyan Bank to enhance partnership and expand mutual services.

The signing ceremony was attended by Kuwait Airways Chairman, Abdulmohsen Al-Fagaan, and the Chief Executive Officer of Consumer, Private, and Digital Banking at Boubyan Bank, Abdullah Al-Tuwaijri, along with several officials from both sides.

Al-Fagaan, stated: “Kuwait Airways is pleased to sign this joint cooperation protocol with Boubyan Bank, one of the leading financial institutions in the country that has demonstrated excellence and leadership in the banking sector. This protocol aims to strengthen bilateral relations between the two parties and enhance the operational efficiency of the services provided to our customers.”

Al-Fagaan added: “Kuwait Airways places great importance on strengthening its ties with leading national institutions and fostering bridges of cooperation with them. This represents an important step toward expanding the horizons of our strategic partnerships with various entities in both the public and private sectors. Such collaboration contributes to achieving integration across Kuwait’s vital sectors, reflecting our shared commitment to delivering distinguished services that enhance the customer experience and support the national economy.”

He added: “At Kuwait Airways, we believe that strengthening our cooperation with Boubyan Bank will yield positive outcomes for both parties. We look forward to seeing this partnership bear fruit in the near future, further enhancing the position of both institutions, while serving the customers of both parties and meeting their needs and aspirations. We are confident that this partnership will provide an added value for them.”

Al-Fagaan pointed out that Boubyan Bank has a significant customer base of co-card holders within the Oasis Club Members Program, noting that signing this protocol will contribute to and enhance the services offered to them and provide a range of benefits.

Al-Fagaan stated that the protocol encompasses the exchange of technical expertise, the expansion of the scope of services, and increasing options, all of which contribute to the development of the aviation sector and the enhancement of operational frameworks for both parties. He further explained that the protocol also outlines ways to develop joint cooperation in terms of loyalty programs, participation in sponsorships, awareness campaigns, and various events, in addition to strengthening technological systems and enhancing banking services and facilities.

Al-Fagaan concluded his statement by expressing his sincere gratitude and appreciation to all the relevant departments at Boubyan Bank for their dedicated efforts in finalizing this protocol, asking Almighty God to grant continued success to all in serving the best interests of the beloved homeland, under the wise leadership of His Highness the Amir of the country and His Highness the Crown Prince, may God protect and preserve them.

Al-Tuwaijri stated: “We are delighted to sign a memorandum of understanding between Boubyan Bank and Kuwait Airways, Kuwait’s first national carrier, which we are proud to support as a strategic partner. This step reflects the cooperation between two leading national institutions that share a common vision of enhancing customer services and providing added value to the national economy. This cooperation aligns with Boubyan Bank’s commitment to strengthening national partnerships that support the path of sustainable development and Kuwait’s future vision.”

He added: “Our partnership with Kuwait Airways began with the Boubyan Rewards Program and the Oasis Club prepaid card, which have achieved remarkable success and popularity among our customers. This success has been a key incentive to expand our cooperation. Through this partnership, we aim to continue developing innovative banking solutions and advanced experiences that link the world of travel and financial services, offering our customers exclusive benefits and more distinctive, seamless experiences at various stages of their journey.”

Al-Tuwaijri concluded by saying: “The signing of the memorandum of understanding marks the beginning of broader, long-term initiatives aimed at enhancing customer benefits and developing shared services framework between both parties. We look forward to working alongside with Kuwait Airways to deliver quality products and services that enrich the travel experience and strengthen the competitiveness of Kuwait’s aviation and tourism sectors, both regionally and internationally.” -TradeArabia News Service

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