• Mac computers could ride AI wave or be left behind

    SAN FRANCISCO: Forty years after igniting a PC revolution, Apple’s Mac is stronger than ever and could reach new glory due to AI computing—or be left behind.

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  • Sony ‘terminates’ Indian merger with rival Zee

    TOKYO: Sony “terminated” on Monday the $10-billion merger of its Indian operations with local rival Zee Entertainment that would have created a new streaming giant in the world’s most populous nation.

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  • The revolutionary Apple Mac in numbers

    PARIS: Forty years ago Steve Jobs revolutionized personal computing by launching the Apple Macintosh, the first PC with a user-friendly mouse and graphical interface that helped the machines enter the everyday lives of people for the first time.

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  • ECB to signal no rush to cut interest rates

    FRANKFURT: European Central Bank policymakers are expected to keep interest rates steady on Thursday and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

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  • Libya resumes oil production at major oilfield

    TRIPOLI: Libya’s state-owned energy firm said Sunday production had resumed at Al-Sharara oilfield, which provides a quarter of the country’s daily oil output, two weeks after protests led to a shutdown.

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  • Zain named ‘Best Telecom’ and ‘Best Corporate Governance’ company in Kuwait by International Finance Magazine

    Kuwait: Zain Group, a leading provider of innovative technologies and digital lifestyle communications operating in eight markets across the Middle East and Africa, announces that in recognition of its excellence and market leadership in Kuwait and across the region, the company was presented with two prestigious honors during the 11th annual Excellence Awards ceremony hosted by UK-based business magazine International Finance in Dubai, UAE. Zain was named ‘Best Telecom Company’ in Kuwait for a fifth time, as well as ‘Best Corporate Governance Telecom Company' in Kuwait for 2023. Zain Kuwait’s Chief Corporate Affairs and Relations Officer Waleed Al Khashti was presented with both accolades during the event.

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  • Kuwait partakes in meeting of Arab Finance Undersecretaries in Abu Dhabi

    ABU DHABI, Jan 22 (KUNA) -- Kuwaiti delegation in Abu Dhabi representing Ministry of Finance took part in the 9th Arab Finance Undersecretaries meeting Monday, during which they discussed ways to enhance shared financial cooperation among Arab states by addressing various economic and financial issues.

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  • KBA: CBK announces Feb 8th as Israa Miraaj offical holiday for all banks

    KUWAIT, Jan 22 (KUNA) -- Central Bank of Kuwait (CBK) issued a circular on Monday stating that all local banks will close on Thursday, February 8th, as an official holiday on the occasion of Al-Israa and Miraaj, said Kuwait Banking Association (KBA).

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  • US Dollar stable at KD 0.307, Euro rises to KD 0.335

    KUWAIT, Jan 22 (KUNA) -- The US Dollar exchange rate against the Kuwaiti Dinar was stable at KD 0.307 on Monday, as well as the Euro at KD 0.335 compared to the day before, said the Central Bank of Kuwait (CBK), Sunday.

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