Riyadh, May 27: National Bank of Kuwait (NBK), the leading financial institution in Kuwait, and FII Institute, a global non-profit foundation dedicated to making an Impact on Humanity, marked a significant milestone today with the official announcement of their strategic partnership. The signing ceremony, held in Riyadh, brought together Anas AlUbaid, GM of NBK KSA, Musaad AlSudairy, CEO of NBK Wealth KSA, and Rakan Tarabzoni, COO of FII Institute, to set the stage for a transformative collaboration aimed at fostering growth and driving innovation in investment within the region and beyond.

Combining NBK's legacy of financial excellence and FII Institute's unwavering commitment to shaping the future through its impactful global initiatives, this partnership represents a powerful union of expertise and vision. With a shared dedication to driving positive change through the power of investment, NBK and FII Institute will join together to drive innovation.

This strategic partnership comes on the heels of the announcement of the 8th edition of the Future Investment Initiative (FII8) conference set for October 29-31 in Riyadh under the theme “Infinite Horizons: Investing Today, Shaping Tomorrow.”  It promises to convene today’s greatest minds to share their global perspectives, unlocking new frontiers for human advancement and impactful innovation. FII8 stands poised to transcend limitations and explore boundless opportunities for progress.

In statements echoing their enthusiasm for the partnership, the CEO of NBK Wealth KSA and the GM of NBK KSA expressed their confidence in the transformative impact that this collaboration will bring to the financial sector and beyond:

Musaad AlSudairy, CEO of NBK Wealth KSA:

"We are thrilled to announce our collaboration with the FII Institute, a strategic alliance that will empower our clients globally and catalyze sustainable development. Together, we are not only investing in a brighter future but also unlocking new pathways for innovation, growth, and community prosperity."

“This partnership to address key global issues aligns perfectly with NBK's commitment to creating meaningful impact. Collectively, we will explore actionable solutions of the future, reinforcing our shared dedication to a sustainable and prosperous future."

Anas AlUbaid, GM of NBK KSA

"At NBK, we share the FII Institute's dedication to addressing global challenges through collaboration and innovation. By aligning our efforts, we aim to leverage our combined expertise to generate insights and solutions that will drive sustainable growth and improve lives worldwide. This partnership represents a significant step towards creating a more resilient and equitable future, benefiting not only our clients but also the global community."

Richard Attias, CEO of FII Institute, emphasized the importance of partnering with esteemed international institutions like the National Bank of Kuwait, known for its trusted seven-decade history and progressive approach to finance. He stated, “The deployment of strategic capital plays a crucial role in addressing the most pressing global challenges. Our collaboration with NBK represents a convergence of expertise and resources, advancing our collective mission to drive positive change and develop innovative solutions through our initiatives and programs.”