Boubyan Bank picks Oberthur Technologies to provide the first contactless payment cards in Kuwait

Oberthur Technologies (OT), a leading French digital security company, recently was selected by Kuwait’s Boubyan Bank to offer its first contactless payment cards. OT’s contactless payment system is a non-cash payment transaction that does not require a physical connection between the consumer payment device and the physical point-of-sale (POS) terminal.. Read More »

Movenpick Hotel Kuwait names new general manager

Movenpick Hotel Kuwait recently named Rushdi Ashkar, a Jordanian national with more than two decades of international experience in the hospitality industry, to be its new general manager. Ashkar brings an abundance of knowledge about the hospitality sector, specifically in hotel management, as he has held numerous leadership positions in different chain hotels around the GCC. Read More »

Zain Group participating in Sailing Arabia - The Tour

Telecommunications operator Zain Group, based in Kuwait, is participating in the 2016 EFG Sailing Arabia - The Tour (SATT), which kicked off in Dubai on Monday. “The remarkable third-place finish by the Zain sailing team in 2015 has spurred us on to seek further success in this year’s race," Zain Group CEO Scott Gegenheimer said. SATT is the leading offshore race in the Gulf region. Read More »

Kuwait's Boubyan Bank to offer contactless payment cards

Kuwait-based Boubyan Bank said it will soon provide contactless payment cards to its customers through a deal with Oberthur Technologies, a provider of embedded security software products, services and solutions for connection, authentication and payment purposes. The contactless payment cards will give bank customers a secure, quicker and more convenient shopping experience. Read More »

Zain releases 2016 Thought Leadership Report

Zain Group released its 2016 Thought Leadership Report at the World Economic Forum in Switzerland. The report, titled "Bringing the Future Closer with Innovation: Pursuing Innovation as a Means to Overcome Challenges in the MENA Region," makes a case for innovation as a valuable tool for addressing social and economic deficits that affect the push toward sustainable development. Read More »

Ooredoo Kuwait participates in Egyptian Embassy's open day

Ooredoo Kuwait staff manned a booth and discussed the company's products and services as well as give away gifts at the Egyptian Embassy's open day Dec. 25 at the Al Surrah Sports Arena. Other activities included dancers performing traditional skirt and pony dances as well as music, games, contests and football games pitting professional players against members of the Kuwait mission. Read More »

KIPCO buys controlling stake in Jordan Kuwait Bank

Kuwait Projects Company (KIPCO) said last week it purchased a 51 percent share of Jordan Kuwait Bank (JKB) from its subsidiary Burgan Bank. The move is an effort by KIPCO as a parent company to both lighten and bolster the Burgan's balance sheet. "This transaction is a testament to the support that KIPCO provides to its core operations," KIPCO Vice Chairman Faisal Al Ayyar said. Read More »

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