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News Kuwait > Sport > Kuwait International Bank Reports Strong Turnout at Auto World Show With DriveNow Application Launch
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Kuwait International Bank Reports Strong Turnout at Auto World Show With DriveNow Application Launch

NewsDesk
Last updated: October 17, 2026 6:51 pm
NewsDesk
3 weeks ago
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KIB Launches DriveNow at Auto World Show | AI-Generated Image
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Kuwait International Bank said in a statement that it wrapped up its involvement in the Auto World Show after recording high levels of public attendance and interaction from customers and visitors alike. The bank operated three exhibition areas during the event, one of which concentrated on KIB Takaful Insurance products while another presented financing packages alongside the Nissan X-Trail model supplied by Al-Babtain Group. Its primary display featured several vehicles including two Toyota Land Cruiser variants from ALSAYER Group, the GAC GS8 from Mutawa AlKazi and the Avatr 07 from Adel Alghanim Automotive to allow hands-on inspection by attendees.

According to the bank’s statement, the introduction of the DriveNow application formed a principal focus of its exhibition presence. The platform permits users to review available cars, contrast specifications and costs, determine financing sums, settle on repayment schedules, lodge applications and observe advancement until final decisions are issued. Kuwait International Bank explained that the app addresses the requirements of individuals who have settled on a particular vehicle as well as those who remain in the comparison phase.

The bank indicated that DriveNow unites the principal elements of car selection and funding inside a solitary digital environment now accessible on Android and iOS systems. During the show Kuwait International Bank extended 25 zero-profit financing arrangements across multiple models, one of which covered the Toyota Land Cruiser through its collaboration with ALSAYER Group and incorporated free servicing up to 50,000 kilometers together with a five-year warranty. These specific offers remained limited to show participants for the length of the exhibition, a detail the bank reiterated from its earlier September announcement.

Othman Tawfeqe, general manager of the retail banking department at KIB, said, “The success of our participation in Auto World Show reflects the value of meeting customers where their interests and financial needs come together. For us, the launch of DriveNow represents a broader shift in how we continue to design retail banking experiences around important decisions in our customers’ lives.” Abdulaziz Al-Shammari, assistant general manager of the retail banking department at KIB, added that the speed with which visitors grasped the application’s utility proved particularly noticeable. Attendees could examine a vehicle, speak with staff regarding financing alternatives and at the same time utilize the app to perform comparisons, execute calculations and follow application status from a single point.

Kuwait International Bank noted that the DriveNow launch took place against the backdrop of an active automotive sector in which Mordor Intelligence projected the used-car market to reach 1.91 billion dollars in 2026. The Central Statistical Bureau placed the value of passenger vehicle imports at 1.546 billion dinars in 2025, an increase of 15.9 percent from the prior year that supplied additional inventory for both new and pre-owned segments. The bank’s September press release distributed via Zawya confirmed that the Auto World Show ran from September 21 to 26 at the Kuwait International Fairground in Mishref.

The application listing on the Google Play store describes its core functions as enabling users to explore vehicles that match their requirements, submit financing requests directly and select payment structures before tracking every stage of the process. Kuwait International Bank stated that the tool also supports management of financing particulars within the same interface once approval is secured. Data from the bank’s announcement placed the exhibition as an occasion to interact directly with the public and gather insights into their automotive and financial preferences.

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ByNewsDesk
News Kuwait NewsDesk is the desk responsible for News Kuwait's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.
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