Burgan Bank Is the Elite Sponsor for the Kuwait National Arabian Horse Festival 2017

Press release

Published November 1st, 2017 - 08:44 GMT

Burgan Bank

Keeping in line with its social responsibility strategy to boost the sports sector and long standing customs in Kuwait, Burgan Bank announced today its elite sponsorship of the Kuwait National Arabian Horse Festival 2017. The Egyptian Arabian Horse Competition will take place from 17^th- 18^th of November 2017, and the 6^th National Arabian Horse Competition will take place from 30^th of November till 2^nd of December 2017.

Annually organised by Bait Al Arab, under the umbrella of Al Diwan Al Amiri, the event is held under the patronage of H.H. the Crown Prince Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah. Bait Al Arab is an educational and equine oasis supported by the state and breeders of Kuwait. The championships will be held at the facility of Bait Al Arab, the official State Stud dedicated to the breeding of purebred Arabian horses.

The 6^th National Championship will be supervised by ECAHO - European Conference of Arab Horse Organizations - the official body responsible for managing similar local and international tournaments. The Kuwait National Arabian Horse Festival receives interest from a large number of enthusiasts of Arabian horses and is widely known for its active participation by Arab horse breeders both locally and regionally.

Burgan Bank’s determined support stems from its commitment to promote positive initiatives that encourage the preservation of local heritage and also position Kuwait as a leading hub for world-class sporting events. Playing its part in maintaining Arabian horse-breeding through years of sponsorship, the Bank aims to spread awareness on Arab cultural activities and values throughout the society as a whole.

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.