PhD student wins Kuwaiti Economic Student Award

Salman Naqi, who began his PhD study in the Department of Economics in January 2023, has been awarded the 2022 Kuwaiti Economic Student Award for his research titled “Digitalizing the Trade Finance Industry in Kuwait: A Transaction Cost Perspective of Block chain-based Letters of Credit”. 

The Central Bank of Kuwait (CBK) held a ceremony to honour the top three winners of the Kuwaiti Economic Student Award on November 9. The CBK Governor and Chairman of the Institute of Banking Studies (IBS), Basel Ahmed Al-Haroon, attended alongside a number of key figures from the banking and finance sector. 

The winners were presented with certificates of merit and commemorative gifts, and Salman’s paper - as first-prize winning research paper - will be printed, published and distributed “to serve as a reference for those wishing to benefit from sound research”. 

The Kuwaiti Economic Student Award is part of the Kafa’a initiative, set up to encourage scientific research in the economic and banking fields through motivating young people to enhance their research competence in the banking and finance areas. 

Published: 16 November 2023