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Business

Apple launches China payments service – US tech giant will face entrenched rivals Alibaba, Tencent

SHANGHAI, Feb 18, (AFP): Apple on Thursday launched its mobile payment service Apple Pay in China, pitting the US technology giant against strong domestic rivals …

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Kuwait slightly up in lackluster trade – NBK climbs 10 fils; KIPCO flat

KUWAIT CITY, Feb 17: Kuwait stocks swung slightly higher on Wednesday as it continues its mixed course amid uptick in oil prices. The price index …

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AUBK posts net profit of KD 42.8 mn in 2015 – Operating profit rises by 12.9% to KD 77.7 mln

KUWAIT CITY, Feb 17: Ahli United Bank (Kuwait) announced operating profit from core businesses of the Bank rose to KD 77.7 million in 2015, up …

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Iran backs moves to stabilise oil market – ‘Tehran won’t relinquish market share’

TEHRAN, Feb 17, (Agencies): Iran’s Oil Minister Bijan Zanganeh said Wednesday his country supported steps taken by other major producers that could stabilise the market …

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KOC reports ‘fire’ at northern crude oil well – Kuwait signs oil export deal to Asia

KUWAIT CITY, Feb 17, (Agencies): Firefighters in Kuwait are battling a fire that broke out following an oil spill at a well in the north …

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Service Hero expands its operations into UAE – Kuwait company reinforces presence across region and launches newly revamped website

KUWAIT CITY, Feb 16: Service Hero, Kuwait’s and the Arab World’s only 100 percent consumer-powered satisfaction index, today announced the expansion of its operations into …

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Lexus luxury models test-driven at Al-Corniche – Al Sayer sponsors 8th fitness convention Kuwait 2015

KUWAIT CITY, Feb 16: Mohamed Naser Al Sayer and Lexus held a test drive at Al-Corniche Club exclusively for its members as part of sponsoring …

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KSE index closes in red in tame session – KIPCO gains 10 fils; Ooredoo flat

KUWAIT CITY, Feb 16: Kuwait stocks edged lower on Tuesday as it continued to seesaw in a narrow range. The price index eased 4.17 pts …

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Saudi and Russia agree oil output freeze – Kuwait welcomes deal: Iran could be obstacle

DOHA, Feb 16, (RTRS): Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on …

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Bahraini Crown Prince inaugurates Wadi Alsabeel Complex – Project executed by KFH’s subsidiary ‘Kuwaiti Manager’

KUWAIT CITY, Feb 15: “Kuwait Finance House (KFH) is keen on assuming a significant role in supporting the development plans in the countries it operates …

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