KIB delivers a workshop on the fundamentals of investment and real estate appraisal at Kuwait University for the third consecutive year

Kuwait International Bank (KIB), represented by its Real Estate Department, announced the delivery of its fifth specialized workshop on the fundamentals of investment and real estate appraisal at Kuwait University. Running for the third consecutive year, the workshop is part of a series of training events organized by the Bank in collaboration with the College of Business Administration at Kuwait University, under the framework of the memorandum of understanding (MoU) signed between the two parties.

This initiative comes as part of the Bank’s comprehensive corporate social responsibility program, which focuses on supporting education, transferring practical knowledge, and expanding collaboration with academic institutions. It also reflects the Bank’s commitment to implementing Environmental, Social, and Governance (ESG) principles to enhance its effective contribution to community development.

This important event featured the participation of Mishari Al-Boualayyan, Head of the Real Estate Appraisal Department at KIB, and Engineer Basel Salem, Real Estate Consultant in the Real Estate Advisory Department, along with a number of university faculty members and a group of students.

Commenting on the event, Al-Boualayyan said: “The organization of these workshops reflects the Bank’s commitment to contributing to the development of qualified national talent with strong skills that meet the demands of the real estate market.” He highlighted that KIB will continue to launch more educational and training initiatives as part of implementing the memorandum of understanding signed with Kuwait University, which aims to integrate practical studies into the university’s academic curriculum. 

From his side, Salem stated: “Our participation in such initiatives stems from KIB’s position as a specialized institution in real estate financing and appraisal since its establishment. Through this workshop, the Real Estate Department aimed to provide comprehensive educational content covering all aspects of real estate investment and appraisal, including international real estate valuation standards and the key factors that influence appraisal. These include the cost approach, the income capitalization approach, and the market sales comparison approach.”

These workshops represent a valuable opportunity to directly engage with students and share expertise and knowledge that enrich their academic journey. They also reaffirm the Bank’s commitment to its comprehensive corporate social responsibility strategy, which embraces the implementation of ESG principles.

It is worth noting that the Real Estate Department at KIB provides integrated real estate services, backed by extensive and pioneering experience in the field since the Bank’s establishment. It also serves as a trusted reference for leading government entities, banking institutions, as well as investment and real estate companies in Kuwait.