Kuwait Times

Al-Tijari announces Al Najma and ‘Salary & Cash on Top’ winners

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KUWAIT: Commercial Bank conducted the weekly and monthly draws on Al Najma Account and the weekly draw on the “Salary and Cash on Top” campaign. The draws were conducted in the presence of Ministry of Commerce and Industry representa­tive Saleh Al-Ruwaiee. The results of the draw were as follows: (1) Al Najma monthly account - the prize of 20,000/Kuwaiti Dinars was for the share of Fedhah Ibrahim Al-Marzouq. (2) Al Najma weekly account the prize of 5,000/- Kuwaiti Dinars was for the share of Yousef Mukhtar Abul. (3) The “Salary & Cash on Top campaign” prize of 1,000/- Kuwaiti Dinars was for the share of Khaledah Ghareeb Mohammad Fathallah.

The Bank stated that the account prizes this year is featured by the highest cash prize and diversity of prizes throughout the year clarifying that Al-Najma Account will offer weekly prize of KD 5,000/-, monthly prize of KD 20,000/- and a semi-annual prize of KD 500,000 in addition to the largest prize - linked bank account payout of KD 1,500,000.

Al Najma Account can be opened by depositing KD 100, and customer should maintain a minimum amount of KD 500 to be eligible to enter all draws on Al-Najma Account prizes. As for the chances of winning, the more balance a customer maintains in Al Najma Account, the more chances the account holder will get to win, where each KD 25 will give the customer one chance to win, the account also offers additional benefits like the ATM card, a credit card against customer’s account and all CBK banking services that customer can enjoy.

As regarding “Salary & Cash on Top” campaign designated for Kuwaiti and expatriate employees as well as the retirees and which is valid until 31 December 2019 and the mechanism of joining this campaign for availing its benefits, the Bank explained that Kuwaiti employees with a salary of KD 500 & above whether newly recruited or in service can transfer their salary to the Bank and avail the benefits of this campaign by getting instant cash gift of KD 250 or an interest free loan 5 times the salary up to KD 10,000 add to this they will automatica­lly enter the weekly draw on KD 1,000. As for the expatriate customers categorize­d under Premier Banking Account with a salary KD of 1,700 and above, they will get instant cash gift.

The retirees with pension KD 1,000 & above will also get an instant cash gift of KD 150 when transferri­ng their pension to the Bank and automatica­lly enter the weekly draw on a prize of KD 1,000 and avail the benefits of this campaign designated for Kuwaiti and expatriate employees working in private & public sector as well as the retirees. Further, the campaign provides customers with the opportunit­y to get additional benefits and take advantage of the advanced & unrivalled services & products the Bank provides to its customers to meet their needs and expectatio­ns.

Customers can obtain further informatio­n on Al-Najma Account by either calling the Service Center on 1888225 or by visiting the Bank’s website www.CBK.com and they can also visit their nearest CBK branch where the Bank staff will be ready to serve them and respond to their queries. Furthermor­e all details & informatio­n related to the latest offers & services launched by the Bank is also available on the Bank’s social sites.

BEIJING: The head of Chinese travel giant Trip.com, Jane Sun, is on a mission to propel women through her workforce, spearheadi­ng novel approaches such as encouragin­g babies on business trips and free egg freezing. As a working mother, she understand­s the challenges faced by many women in China, whose participat­ion in the labor force has been falling for decades. She runs China’s largest online tourism agency and is one of the country’s business elite: a Silicon Valley returnee who moves in friendship circles with the likes of Alibaba founder Jack Ma and has the ear of the government.

But as well as moving the business to new markets globally, Sun is also looking closer to home for growth. She wants to drive female representa­tion across the 45,000-strong Trip.com workforce, including efforts to accommodat­e breastfeed­ing mothers by inviting them to take their babies along on work trips and introducin­g nursing rooms.

Staff benefits include flexible working, free taxis for pregnant employees, and offering staff the option of freezing their eggs - funded by the company. “I think we are really taking the leadership, and that pays off,” she said, with female representa­tion at middle management level now 40 percent and one-third at executive level. “That number is even better than most of the companies in the Silicon Valley,” Sun said in an interview with AFP.

‘Friendly China’

Sun became chief financial officer at Trip.com - then known as Ctrip - in 2005, and chief executive officer in 2016. In that

time the group has morphed into an internatio­nal site in 19 languages with 300 million registered members. The company’s gross revenues grew 30 percent year-on-year in 2018 to 725 billion RMB ($103 billion), tapping into the appetite for travel among millions of China’s newly-rich middle classes.

Chinese tourists made 149 million overseas trips in 2018, with total spending of $130 billion, according to the China Tourism Academy. Trip.com is also working with the government on how to improve China’s appeal for tourists so they don’t just think of “pollution and piracy”. Sun said an official, coordinate­d campaign akin to regional neighbor’s “Incredible India” could be in the works. “Perhaps we can say ‘Friendly China’ with a panda - something that speaks to people,” she said.

‘Start with the top’

A law major from one of the country’s top universiti­es, Sun was among the first students to be given passports and sent abroad to study in the late 1980s amid paramount leader Deng Xiaoping’s opening of China. “My father’s generation didn’t even know what passports were — we were very lucky,” she said. After graduating, she headed to an emerging Silicon Valley where she worked for two decades, along with her husband, John Wu, one of the architects of Yahoo’s search engine.

They decided to return to China in 2000 after Wu was offered a role as chief technology officer at “a very small company called Alibaba” - the tech giant that just listed in Hong Kong for at least $11 billion. Accustomed to battling for senior positions herself, she has turned her attention to encouragin­g female staff at Trip.com to “be more confident”. “At the year end (the staff) who come into my office asking for a raise and a promotion are always male,” she said. “But (for women) I have to go out to them and say, you did a wonderful job, I think you should go through this process.” Despite early commitment­s to gender equality, women’s role in the labor force has been declining in Communist China since the 1990s. Equality organizati­on Catalyst says China’s economic reforms led to a variety of setbacks for women - including diminished employment opportunit­ies, a widened gender wage gap and a resurgence of traditiona­l stereotype­s. Human Rights Watch says both civil and private sector jobs often specify a requiremen­t for men.

Just over nine percent of directors in listed companies in mainland China are women, according to Deloitte’s 2019 Women in the Boardroom report, while only 10 women are part of the 204-strong Communist Party central committee. Sun said part of the challenge is getting more women in decision-making roles. “I think you always start with the top,” she said. “If in the management team or on your board there is no female representa­tive, it’s very hard for male leaders to be aware of lots of challenges females are facing.”

China’s Trip.com chief on journey to boost working mothers

 ??  ?? SHANGHAI: Travel services company CEO of Trip.com Jane Jie Sun Jie speaks during an interview with AFP in the facilities of Ctrip in Shanghai. —AFP
SHANGHAI: Travel services company CEO of Trip.com Jane Jie Sun Jie speaks during an interview with AFP in the facilities of Ctrip in Shanghai. —AFP

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