14 Established 1961 Monday, November 5, 2018 Business Lulu wins ‘Brand of the Year’ at World Branding Awards 2018 The only hypermarket brand to win this top honor

LONDON: The leading hypermarket and shopping malls chain Lulu won the Brand of the Year Award in the retail category at the 2018 World Branding Award Ceremony yesterday. The annual event evaluates brands from around the world through a three-step procedure including brand evaluation, public online voting and consumer market research. At a glittering function held at the Kensington Palace in Ashraf Ali Musliam, Executive Director of Lulu Group received the top award from Richard Rowles the Chairman of in the presence of top business leaders and dignitaries from around the world. World Branding Awards are the top recognition given to an organization or brand for their path breaking and inno- vative branding, marketing & communication initiatives over the years and are regarded as the top benchmark in the industry. “We are obviously very delighted and proud to be cho- sen as the top global brand and the fact that this award is primarily based on public survey and customer feedback, makes this recognition much more valuable for us,” com- mented Ashraf Ali after receiving the award. Despite heavy competition the main reason for Lulu getting this coveted award was primarily because of their sustained brand credibility, brand awareness and brand LONDON: Ashraf Ali Musliam, Executive Director of Lulu Group along with Adeeb Ahamed, MD of communication, according to the World Branding Forum, Lulu Financial Group, Shafeena Yusuffali, CEO of Tablez, Mohammed Althaf Director and V. the organizers of this prestigious event. Other global Nandakumar, CCO of Lulu Group with the Brand of The Year Trophy at the World Branding Award brands awarded at the ceremony included , Ceremony at the Kensington Palace in London. Nescafe, Omantel, Nippon, etc.

Turkish Airlines embarks on a new journey from Istanbul New Airport KUWAIT: welcomes a new era of Turkish aviation with the opening of Istanbul New Airport. The world’s largest international hub will be home to Turkey’s national flag carrier and establishes Istanbul’s place as the centre of the globe for aviation and travel. The smart airport, thanks to its strategic location at the crossroads of east and west, has great potential for Turkish Airlines and the global aviation industry and will welcome 200 million passengers per year upon final completion. To coincide with the 95th anniversary of the found- ing of the Republic of Turkey, the eagerly-awaited Istanbul New Airport was named “Istanbul Airport” at the opening ceremony yesterday, officially opened by President of the Republic of Turkey, Recep Tayyip Erdogan. Passengers on the first Turkish Airlines flights to the new airport that specially operated yesterday for the opening ceremony, received souvenir tickets. The opening of the new aviation hub, combined with the dynamism and energy of Turkish Airlines, will usher in a new era for the carrier. Following the official opening of Istanbul Airport on 29th October 2018, Turkish Airlines is operating a limited number of domestic and interna- tional routes from the new airport, while all operations and existing flight schedule will run as usual from Istanbul Ataturk Airport. New, additional flights will be operated from Istanbul New Airport to Ankara, Antalya, Izmir, Azerbaijan (Baku) and TRNC (Ercan) until 30th December. Pursuant to existing planning, on 31st December, all operations will move from Istanbul Atat¸rk Airport, after which, all flights will operate from Istanbul New Airport. As the airline that flies to more countries than any other, Turkish Airlines will be able to increase the complex will occupy an area of 76.5 sq km, and training facilities on site. its network extension capacity and opportunities for boasting six runways, four terminals and 233 aircraft At the opening ceremony, M. Ilker Ayci, Chairman of new routes and timings with more slots available, allow- parking positions, with the capacity to serve up to the Board and the Executive Committee of Turkish ing growth for both passenger and cargo transportation. 200 million passengers a year with 500+ check in Airlines commented; “Turkish Airlines starts an exciting Passengers will benefit from a redefined travel experi- desks and 225,000 employees. Upon completion of new chapter today as we move to our new home at ence throughout a superbly laid out ‘built from scratch’ the final phase, the largest international flight hub will Istanbul Airport. The new hub of our national flag-car- terminal using the latest technologies and innovations. incorporate offices, residences, hotels, a health cen- rier plays an important role in Turkish Airlines’ future The megaproject will be launched in four phases ter, culture and art buildings, a shopping mall, design- growth strategy and will offer a seamless experience to with the final phase set to be complete in 2028. In all, er outlets, an EXPO convention centre, and meeting our passengers, international and domestic alike.”

that Al-Najma Account will offer Al-Tijari weekly prize of KD 5,000 and KFH launches Burgan Bank monthly prize of KD 20,000 and a announces semi-annual prize of KD 500,000 in announces winners addition to the grand prize (the ‘KFH Xpress’ biggest prize in the world) of KD winners of 1,500,000 for which the draw will for instant of Yawmi be held in January 2019. Al-Najma Al-Najma draws Account can be opened by deposit- cross-border account draw ing KD 100, and customer should KUWAIT: Burgan Bank announced yesterday the KUWAIT: Commercial Bank of maintain a minimum amount of KD names of the daily draw winners of its Yawmi account Kuwait announced the winners of the 500 to be eligible to enter all draws money transfer draw, each taking home a cash-prize of KD 5,000. weekly and monthly draws as follows: on Al-Najma Account prizes. As for KUWAIT: Kuwait Finance House (KFH) Monthly draw prize KD 20,000 - the chances of winning, the more has launched “KFH Xpress” service for The lucky winners are: Minor / Zainab Ahmad Jassim balance a customer maintains in Al- instant cross-border money transfer Nehal Almosalem 1. Naser Hussain Ali Alhudaiby Sabzali Najma Account, the more chances directly from the customer’s bank 2. Buthaina Hasan Abdullah Almuhanna Weekly draw prize KD 5000 - the account holder will get to win, account. This innovative service is regulatory considerations and regula- 3. Khaled Rashed Abboud Alhajri Ghaliah Huwaidi Al-Azmi where each KD 25 will give the cus- available on KFHOnline. It comes as tions. It is in accordance with highest 4. Mohammed Salma jad Alrab Abeed The draw was conducted in the tomer one chance to win, the part of KFH continuing efforts to offer standards of service quality. 5. Ali Yousef Abdulredha Johar presence of Ministry of Commerce account also offers additional bene- superior customer service while adopt- She pointed out that KFH Xpress In addition to the daily draw, Burgan Bank also and Industry representative fits like the ATM card, a credit card ing digitization and the latest financial provides several options for receiving offers a quarterly draw with more chances to win Abdulaziz Ashkanani. Al-Najma against customer’s account and all technology. funds as desired by the customer and the higher rewards, offering the chance to one lucky cus- Account was recently revamped by CBK banking services that customer Executive Manager Liabilities and beneficiary conditions in his/her country. tomer to win KD 125,000 every three months. The adding several benefits to the prize can enjoy. Investments Products at KFH, Nehal Receiving money can be either in cash, Yawmi Account offers daily and quarterly draws, program through which now the Almosalem said that KFH customers can through a deposit in a bank account to Now CBK existing customers wherein the quarterly draw requires customers to account provides its customers the can open Al-Najma Account avail this new service for remittance the beneficiary or hand-delivered. chance to win the biggest annual transactions. They can transfer money to Customers can cancel the transfer trans- maintain a minimum amount of KD 500 in their through Al-Tijari Online and enter account for two months prior to the draw date. cash prize offered by a bank in all draws without visiting the Bank any beneficiary account round the clock action and refund the transferred money Kuwait and over the globe as much in a secure and fast manner, which saves if not collected by the beneficiary with- Additionally, every KD 10 in the account will entitle branch. However, CBK non-cus- as 1 million and half Kuwaiti dinar efforts and time, while assisting in trans- out any additional fees. customers to one chance of winning. If the account (KD 1,500,000) so that customers’ tomers can submit account opening ferring money in competitive rates to Before the transfer decision is made, balance is KD 500 and above, the account holder will dreams can easily turn to reality. application via the Bank’s website most of the countries across the world. customers can know the transfer rate be qualified for both the quarterly and daily draws. The bank stated that the account where the Bank’ Sales Unit will call She added, in a press release, that the and the fees value. This is part of Bank’s Burgan Bank encourages everyone to open a Yawmi prizes this year is featured by the them to arrange visit to the cus- KFH Xpress service meets the demands efforts in achieving the highest degree of account and/or increase their deposit to maximize their highest cash prize and diversity of tomers to complete the account of a big segment of customers. The serv- transparency and reliability in terms of chances of becoming a winner. The higher the level of prizes throughout the year clarifying opening formalities. ice is designed and structured as per cost efficiency and service quality. the deposit, the higher the likelihood to win.