| American Business Council-AmCham Kuwait Organizational Chart And Board of Directors 20 |
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The American Business Council-AmCham Kuwait is pleased to present to our esteemed members and friends the updated Organizational Chart and to introduce the Board of Directors for the term of 2024. |
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| Newest Chairman's Club Members |
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Asia Logistics Co: Founded in 2004 and based in Kuwait, Asia Logistics Company (ALC) provides comprehensive logistics and human resource services to U.S. government, defense, and commercial companies in the Middle East and North Africa. ALC specializes in rapid response and operational efficiency, leveraging deep regional expertise and strategic partnerships to facilitate business expansion in MENA with high service standards.
Industry: Logistics |
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At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity.
Industry: Healthcare, MedTech, Pharmaceuticals |
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For more than 130 years,MSD has brought hope to humanity through the development of important medicines and vaccines. We aspire to be the premier research-intensive biopharmaceutical company in the world – and today, we are at the forefront of research to deliver innovative health solutions that advance the prevention and treatment of diseases in people and animals. We foster a diverse and inclusive global workforce and operate responsibly every day to enable a safe, sustainable and healthy future for all people and communities. MSD products have been present for over 30 years in the GCC region through local distributors in the UAE, KSA, Kuwait, Bahrain, Qatar & Oman.
Industries: Healthcare, Biopharmaceuticals |
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If your company is interested in being an event sponsor or a raffle prize sponsor for upcoming events such as the Annual Fourth of July, Back to Business, Thanksgiving, Women in Business Summit, Winter Social, or any other events, please contact us at communications@amchamkuwait.org, and we will provide you with more information about sponsorship opportunities. |
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Blood donation is a voluntary act where individuals give a portion of their blood to help others in need. This life-saving practice supports medical treatments, surgeries, and emergency care by replenishing the blood supply. |
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| May 1, 2024: Towell International Holding participated in ABCK-AmCham Kuwait's semi-annual drive for Kuwait Association for the Care of Children in Hospital & Bayt Abdullah Children's Hospice (KACCH/BACCH), by donating laptops and accessories. Another heartwarming collaboration making a meaningful impact. |
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| May 2, 2024: Engaging in meaningful dialogue: AmCham Kuwait hosts a productive session with members and Regional Senior Commercial Officer Tanya Cole to discuss strengthening U.S.-Kuwait trade. |
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| May 2, 2024 - AmCham Kuwait successfully hosted its first Women in Business (WIB) Diwaniya for 2024 at the Crowne Plaza Al Thuraya City (the event's Diversity & Inclusion Partner). This landmark event brought together influential leaders and professionals from various sectors to discuss and develop initiatives promoting Diversity, Equity, and Inclusion (DEI) in the workplace. |
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| May 7, 2024: AmCham Kuwait engaged in discussions with Asia Logistics Company to explore collaboration in enhancing regional trade and logistics services. We're also delighted to visit our esteemed Chairman's Club member, Asia Logistics Company, as part of our ongoing outreach, meeting with corporate members to better understand their needs and explore ways to provide further support. |
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| May 9, 2024: AmCham Kuwait attended the Annual Europe Day Celebration, attended by heads of diplomatic missions representing EU member states, diplomats, and representatives of international organizations. The Ministry of Foreign Affairs underscored the strong and close friendship between Kuwait and European states, expressing a shared aspiration to broaden bilateral relations and achieve joint objectives. |
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| May 15, 2024: AmCham Kuwait had a productive meeting with Dr. Mahdi of the Supreme Council for Planning & Development. Discussions focused on a new Memorandum of Understanding (MOU), collaboration with WIB, and advancing healthcare initiatives. |
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| May 16, 2024: Embarking on a journey of collaboration with our esteemed Chairman's Club Member, Hyatt Regency Al Kout Mall. Exciting ventures ahead. |
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| May 22, 2024: ABCK-AmCham Kuwait is delighted to announce the signing of a Memorandum of Understanding (MOU) with The Business Year (TBY), a prominent media group known for providing the latest economic and market insights. This strategic partnership aims to enhance our collaboration and strengthen our relationship for the upcoming year and the next edition for Kuwait. |
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| May 30, 2024: AmCham Kuwait successfully hosted "The Future of AI: Revolutionizing Industries in Kuwait," forum, an event dedicated to exploring the transformative impact of artificial intelligence (AI) on key sectors in Kuwait, particularly education and healthcare. The event took place at Four Seasons Hotel, bringing together leading experts, industry professionals, and stakeholders to discuss the opportunities and challenges of AI integration in these critical areas. |
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| AmCham Kuwait Member News |
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| 11 May, 2024: Al Ahli Bank of Kuwait (ABK) Group proudly announces its outstanding achievements at the prestigious MENA Banking Excellence Awards 2024 hosted by MEED. The ceremony took place at Kempinski The Boulevard in Dubai, where ABK won two significant accolades symbolizing excellence and innovation in the banking sector. |
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| 15 May, 2024: Pursuing higher education is a pivotal step towards a successful future, and the value of an American education, especially at American International University (AIU) in Kuwait, can be transformative. With our Early Bird application period now open, it's the perfect time to secure your place and gain the benefits of an early commitment. In this post, we'll explore what makes an American education at AIU unique, and why applying early can significantly enhance your academic and professional journey. |
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| 12 May, 2024: The Counseling Center at AUK hosted a pioneering conference that delved into the issues of trauma and resilience. This noteworthy event brought together professionals, researchers, practitioners, and students from diverse backgrounds to explore the latest advancements in the field. |
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| 16 May, 2024: The International Aerospace Environmental Group (IAEG) announces that leading aerospace companies are collaborating to evaluate technical issues regarding the compatibility of 100% sustainable aviation fuel (SAF) with airplane systems. Recognizing SAF is a fundamental step to reaching aviation’s 2050 net-zero CO2 goal, Airbus, Boeing, Dassault Aviation, GE Aerospace, RTX’s Pratt & Whitney, Rolls-Royce, and Safran, among others, have formed Work Group 13 (WG 13) to assess the impacts of 100% SAF on airplane systems. |
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| 30 May, 2024: SAN JOSE, Calif., May 30, 2024 – Lenovo and Cisco today unveiled a global strategic partnership to deliver fully integrated infrastructure and networking solutions designed to accelerate digital transformation for businesses of all sizes.
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| 29 May, 2024: DHL Global Forwarding has been re-certified by IATA for excellence in life sciences and healthcare transportation. The CEIV Pharma Standard award underlines DHL's commitment to consistent processes, a compliant network, and the highest quality standards in air freight. |
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| 16 May, 2024: Gulf Insurance Group (GIG) announced a net profit of KD 10.9 million (US$ 35.6 million), or 38.58 fils per share, for the first quarter period ended March 31, 2024 compared to KD 11.5 million (US$ 37.2 million), or 40.37 fils per share for the same period last year. |
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| 9 May, 2024: HOUSTON, May 9, 2024 /PRNewswire/ -- Honeywell and Weatherford today announced a partnership to deliver a comprehensive emissions management solution for the energy industry. The agreement combines Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform, providing customers with a powerful tool to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases. |
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| 21 May, 2024: Kuwait Direct Investment Promotion Authority (KDIPA) participated in the inauguration of Johnson and Johnson Healthcare Office, KDIPA licensed company, on May 21st 2024, at Burj AlShaya. |
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| 2 May, 2024: MELBOURNE, Fla., May 2, 2024 — L3Harris Technologies (NYSE:LHX) has received a contract from Millennium Space Systems, a Boeing Company, to build eight infrared payloads for the Space Development Agency’s Fire-control On Orbit-support-to-the-war Fighter (FOO Fighter) program. |
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| 17 May, 2024: HUNTSVILLE, Ala., May 17, 2024 – Today the U.S. Army awarded Lockheed Martin [NYSE: LMT] a $756 million contract to deliver additional capability for the nation’s ground-based hypersonic weapon system, the Long Range Hypersonic Weapon (LRHW).
Under the new contract, Lockheed Martin will provide additional LRHW battery equipment, systems and software engineering support, and logistics solutions to the Army. |
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| 25 April, 2024: Dubai, UAE: Mashreq Releases 1Q 2024 Financial Results: Paving the Way for Sustainable Growth.
Mashreq is pleased to disclose its financial results for the first quarter of 2024, demonstrating the bank’s steadfast commitment to strategic priorities centered on client-centricity, operational and financial efficiency, robust risk management, and a people-first culture. These results emphasize the success of Mashreq’s strategic initiatives.
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| 8 May, 2024: — Today at ServiceNow’s annual customer and partner event, Knowledge 2024, ServiceNow (NYSE: NOW) and Microsoft Corp. (NASDAQ: MSFT) announced an expanded strategic alliance, combining their industry-leading generative AI capabilities to enhance employee choice and flexibility. The new ServiceNow Now Assist and Microsoft Copilot integration brings the power of two generative AI assistants into one seamless enterprise experience, making it easier than ever to create value for enterprise workers and for employees to unlock new productivity avenues. |
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| 29 May, 2024: Collins Aerospace, an RTX (NYSE: RTX) business has been named a winner of a 2024 Crystal Cabin Award for its STARLight™ structural technology. The Crystal Cabin Award is the only international award for excellence in aircraft interior innovation. |
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| 27 May, 2024: Zain, a leading provider of innovative technologies and digital lifestyle communications operating in seven markets across the Middle East and Africa, continues to be recognized for its leadership endeavors in the areas of Sustainability and Gender Diversity, in line with the UN’s Sustainable Development Goals (SDGs). |
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| Kuwait, May 6: In a significant move towards bolstering its renewable energy portfolio, Kuwait has unveiled plans for a monumental solar energy project, marking a pivotal step in its energy diversification strategy. Reliable sources disclosed to Al-Rai that a memorandum of understanding (MoU) had been inked between the Ministry of Electricity and Water and the Kuwait Oil Company (KOC) to spearhead the implementation of a groundbreaking initiative aimed at generating 1 gigawatt of electricity through solar power. |
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| Kuwait, May 8: The trading data for the Kuwaiti stock market indicates a growing confidence among foreign investors, particularly evident in their increased net purchases since the beginning of 2024. This confidence stems from the perceived investment opportunities across various sectors, as well as positive financial performances of banks and listed companies in the past fiscal year, reports Al-Anba daily. |
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| Kuwait, May 8: The Public Authority for Manpower (PAM) has announced that the regulation for Kuwaitization of government contracts has entered into force, reports Al-Seyassah Daily. |
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| Kuwait, May 13: The Ministry of Health (MoH) confirmed that work in outpatient clinics in hospitals and specialized medical centers begin at seven-thirty in the morning, reports Al-Jarida daily. |
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| Kuwait City, May 15: The Ministry of Interior has called on those who violated the Residency Law to take advantage of the amnesty, which will end on June 17, to amend their status or leave the country within the specified period to avoid legal accountability. Consequently, the ministry continues to exert tremendous efforts to arrest those who violate the Residency and Labor laws. |
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| Kuwait City, May 20: The Kuwait Oil Company has signed a memorandum of understanding with the Ministry of Electricity, Water, and Renewable Energy to incorporate renewable energy plants into the national electricity grid, according to Al-Jarida daily. |
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| Kuwait City, May 20: According to government data released on Sunday, Kuwait’s annual inflation rate increased to 3.17% in April, up from 3.02% in March. The Central Administration of Statistics reported on its website that several sectors contributed to this rise. |
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| Kuwait City, May 23: Recently emerged, “Kuwaiti Women Leaders for Change” is a new and promising platform dedicated to enhancing women’s participation in the labor market and supporting their ascent to leadership positions. This initiative launched by The Women and Business Affairs Committee Kuwait and established under the General Secretariat of the Supreme Council for Planning and Development, marks a significant step towards a new era of economic and social development. |
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| Kuwait, May 23: The State of Kuwait is seeking through the GCC railway mega venture to play a key role in boosting pan-GCC economic integration and sustainable development in the region. Situated in the strategic northernmost of the Gulf, Kuwait aspires to be a regional hub for commerce and transport. The predicted high flow of merchandise and passengers aboard the trains is expected to help Kuwait realize its vision. |
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| Geneva, May 25:Kuwait was among more than 100 members of Geneva-based World Intellectual Property Organization (WIPO) who concluded an agreement which will provide additional protection for traditional knowledge. |
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| Kuwait City, May 26: The Public Authority for Civil Information (PACI) has called upon approximately 5,500 individuals to review and update their residential addresses within 30 days, starting from today, Sunday, May 26. This update requires the submission of supporting documents, reports Al-Rai daily. |
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| Kuwait, May 27: The Public Authority for Manpower has stated that the Authority has updated its automated system to implement new regulations on work permits and transfers, set to begin in early June. |
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| Kuwait, May 29: US Embassy hosted a vibrant reception and networking event at the Radisson Blu Hotel to honor distinguished and active Kuwaiti alumni who have studied in the United States. More than one hundred Kuwaiti alumni attended the reception to celebrate the enduring educational exchange between Kuwait and the United States. |
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| Kuwait, May 29: The healthcare sector in the Gulf Cooperation Council (GCC) region is anticipated to reach a value of $135 billion by 2027, driven by rising investor confidence, according to a recent analysis by JLL. The real estate and investment management firm highlighted growing optimism among investors as Gulf states pursue the transformation of the healthcare sector in line with their economic diversification plans. |
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| Kuwait, May 29: Under the presence and patronage of His Highness the Amir Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah, the oil sector inaugurated the official opening of Al-Zour Refinery, marking the commencement of its full operations on Wednesday. |
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| Kuwait, May 30: To streamline operations and improve performance within the health sector, Health Minister Dr. Ahmed Al-Awadhi has issued three ministerial decisions to reorganize the technical subordination of various departments. These decisions follow an assessment of the actual needs of the concerned sectors and health regions. |
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| Kuwait, May 30: The Civil Service Commission (CSC) recently hosted an introductory workshop titled “The New Kuwait Services Guide System.” This initiative, held in cooperation with the Central Agency for Information Technology and attended by various government agencies, aims to advance Kuwait Vision 2035, where digital transformation serves as a fundamental pillar. |
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| US, May 10: HARPERS FERRY, W.Va., May 10, 2024 – U.S. Department of Agriculture (USDA) Rural Development Rural Business & Cooperative Service (RBCS) Administrator Betsy Dirksen Londrigan joined Rural Development State Director Ryan Thorn to announce that businesses in the Northeast are receiving $23.4 million to help bolster their bottom lines, reduce their energy use, and create economic opportunities. |
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| US, May 17: The Department of Defense announced today a $20 million award to South32 via the Defense Production Act Investment (DPAI) Program. The award is for South32's Hermosa Project, which will sustainably produce battery-grade manganese in Santa Cruz County, Arizona. This award also supports the 2024 National Defense Industrial Strategy to continue and expand support for domestic production to increase supply chain resilience. |
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| US, May 21: Today, the U.S. Department of Commerce announced the Million Women in Construction Community Pledge to bring more women into the construction workforce -- as well as several leading construction companies that have signed on to the Pledge. |
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| US, May 30: QUEENS, N.Y.— As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) announced today that New York is the first state in the nation to launch their Home Energy Rebates program, created by the Inflation Reduction Act. New York’s program will allow more low-and-middle income families to take advantage of efficiency and clean energy upgrades that will make their homes more comfortable while saving money on their energy bills. |
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| US, May 31: Today, on National Heat Awareness Day, the U.S. Department of Health and Human Services (HHS) is launching a new tool to help communities prepare for extreme heat and prevent heat-related illness, especially among those most at risk. The Heat and Health Index (HHI) is the first nationwide tool to provide heat-health outcome information at the ZIP code level. |
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| Offers & Discounts for AmCham Kuwait Members |
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See other offers and discounts at: https://www.amchamkuwait.org/member-offers-discounts
If you would like to become part of the offers and discounts program, please reach out to us and let us know what types of offers and discounts you'd like to offer AmCham Kuwait Members.
For questions, please reach communications@amchamkuwait.org |
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