Boubyan Bank signs a contract for the construction of its main building in the heart of the capital

– Adel Al-Majed: The first headquarters of “Boubyan” that includes all members of our family We provide a place that gives our human resources additional opportunities for creativity and innovation Walid Al-Yaqout: The tower accommodates 1,500 male and female employees on 77,000 square meters Khaled Al-Mashaan: The new building reflects the bank’s high position Boubyan Bank signed a contract for the construction, completion and maintenance of the second phase of its main tower project, with United First General Trading and Contracting Company, which includes the construction of the main tower, including black structure works, internal finishes, external facades, and mechanical and electrical systems. Vice Chairman and CEO of Boubyan Group, Adel Al-Majed said: “We are pleased to sign the contract to establish our first headquarters, which will include all our family members, and we hope it will be completed in a good manner as soon as possible.” The signing of the contract was attended by the Executive Vice President of Boubyan Bank, Abdullah Al-Tuwaijri and Abdul Salam Al-Saleh. Al-Majed added that the bank aims, through the new building, to provide a place that gives its human resources more opportunities for creativity and innovation, in order to achieve its well-established slogan “We work well”, which it always puts in mind in everything it does. He explained that a sound work environment equipped in accordance with the latest global trends would give the bank’s employees more freedom of creativity and innovation, which would ultimately be reflected in customer service and giving them exceptional experiences in dealing with Boubyan Bank. He added that the bank took into account when designing the new building, many key points, foremost of which are the developments that the world is expected to witness in the coming years, especially those related to technical and digital developments, which means that the work environment will be completely different from what it is currently. Al-Majed stressed that Boubyan Company was keen from the beginning to support and develop the work environment for its employees, based on the executive management’s keenness to provide all the atmosphere that contributes to the comfort of its human resources and creating a distinctive work environment for them. highest standards For his part, the Bank’s General Manager, Walid Al-Yaqout, said that the tower will include all departments and companies affiliated with Boubyan Bank, with a capacity of 1,500 male and female employees, and a total area of ​​about 77,000 square meters. He pointed out that the tower includes 41 floors, including multi-storey car parks that can accommodate approximately 600 cars, a lecture hall, a training center, a cafeteria, and indoor and outdoor gardens, providing an ideal working environment for the bank’s staff. He added that the building was designed according to the highest standards of modern technology, in order to achieve the requirements of banking work, and to preserve the environment in accordance with the requirements of the US Green Building Council, through the Leadership in Energy and Environment (LEED) design system, noting the adoption of the building’s operating system to be among the smart systems ( Smart Building). Al-Yaqout explained that this includes the use of environmentally friendly building materials, and methods to conserve and rationalize the consumption of water and electricity, both during the construction stages or after moving to the new building, taking into account the design of indoor air quality and natural lighting with acoustic design and noise reduction. He stated that the new building, whose design was inspired by the bank’s logo, will be built on an area of ​​4,000 square meters, in a strategic and distinctive location in the heart of Kuwait City, to serve as a symbolic icon displaying Kuwait’s vibrant culture to the world, and to achieve Boubyan’s message of perfection. He stated that the building also provides the bank with the opportunity to benefit from technology in banking, real estate and investment services, and to benefit from spacious office spaces, conference rooms and other large common spaces. For his part, Chairman of the First United Company for General Trading and Contracting Khaled Al-Mashaan expressed his happiness at signing the contract with Boubyan Bank to implement the bank’s main building, given the high position it has reached in recent years, pointing out that the construction of the bank’s headquarters tower is an important step in the bank’s record. His achievements culminate in the expansion of his business at all levels, indicating that the implementation of the bank’s headquarters tower is an important addition to United First’s record of achievements. New building information – It is located in the heart of the capital in the Sharq region. About 4 thousand square meters of the total land area. – 41 floors, a height of about 200 meters. About 77,000 square meters, the total area of ​​the building, according to the number of floors. The building is expected to be completed in 2025. The design of the building is inspired by the bank’s logo. The building uses environmentally friendly building materials and methods to conserve and rationalize the consumption of water and electricity.

Kuwait · 6 Jul 2021