GUST Signs Historic Deal with Kuwait Petroleum Corporation

• GUST will offer professional development programs to all KPC bachelor degree holders

• Training and certification on different topics will be given by GUST

• GUST will begin offering training and certification programs related to the oil sector of Kuwait

Kuwait City, December 14th, 2015: Gulf University for Science and Technology (GUST) marked an important occasion today by signing a Memorandum of Understanding with Kuwait Petroleum Corporation (KPC) to become their academic and training partner in providing training and certification to KPC staff.

Starting today, GUST will begin offering professional development programs to all KPC bachelor degree holders, with the aspiration at offering the entire organization in the future. GUST will also provide training and certification for KPC staff on a variety of topics. In addition, the University is tasked with offering training and certification programs, internationally recognized, specifically to the oil sector, including but limited to CFA, CMA, CPA, CIA, PMP, and CISSP.

Dr. Donald Bates, GUST President, said, “This partnership shows the trust the highly esteemed organizations, such as KPC, place in our University to provide efficient training benefiting, and adding to their employees’ knowledge and skills. As a University, we are privileged to be given such a crucial and formative role in the careers of KPC employees.”

Since GUST’s establishment, it has set itself as a center for professional development. It currently houses a training academy for one of Kuwait’s more prominent banks, in addition to the brand new Gulf Financial Center (GFC) – an initiative developed and supported by the Amiri Diwan, GUST, and a group of leading companies from the private sector. GFC is home to a virtual trading & dealing room which is among the most technologically advanced in the region. What’s more, GUST also operates a subsidiary, PACE (Professional Advancement and Continuing Education), whose sole purpose is to provide training courses in subjects such as GMAT preparation, CFA, CMA, and PMP (Project Management Professional) certification to professional adults. The new deal with KPC further solidifies its position as a genuine hub of knowledge and career advancement.

Mr. Basem Al-Issa, Deputy Managing Director, Training and Development at KPC said, “We believe deeply in empowering our employees with the best opportunities to develop their skills and knowledge and help them perform their jobs better. We are constantly working to find ways to enable our people to reach their highest potential, and our strategy is to provide employees with the tools and support to enable outstanding performance that exceeds our expectations and cre\ates future talent and leaders.”