KUWAIT: As part of the ongoing collaboration between Kuwait Institute of Banking Studies (KIBS) and the Ministry of Commerce and Industry and following the success of the program at Level (C) – which saw the participation of more than 120 applicants across six groups – both parties have agreed to expand the scope of their cooperation. This expansion aims to design and implement two advanced programs, Levels (A) and (B), to enhance the competencies of national professionals in line with the highest international standards.
In further recognition of its leading role, KIBS has joined the International Valuation Standards Council (IVSC), a prestigious global organization responsible for setting international valuation standards. Rana A Al-Nibari, Director General of KIBS, reaffirmed KIBS commitment to supporting specialized professional training and development programs, as well as strengthening partnerships with government institutions to develop and enhance national capabilities.
For her part, Marwa Al-Juaidan, Undersecretary of the Ministry of Commerce and Industry, expressed her pride in the continued collaboration, praising the Institute’s leading role in preparing and qualifying national talent. She emphasized that this cooperation aligns with the Ministry’s strategic objectives to regulate the real estate appraisal sector according to the highest recognized professional standards.
Details and dates for the new program levels will be announced in due course through KIBS’ social media channels. For more than five decades, KIBS has played a vital role in developing Kuwait’s banking and financial sectors. KIBS has leveraged its expertise to facilitate knowledge transfer and innovation, expanding its offerings to include a wide range of programs and services such as professional certifications, executive development, training and development across various fields, assessments and examination, e-learning, and publications on business and financial research.
