• Zain successfully renews six ISO certifications

    KUWAIT: Reflecting its unwavering commitment to operational excellence and market leadership, Zain announced the successful renewal of six ISO certifications, attesting to the company’s adherence to the highest standards and its compliance with the best global practices.

    Read More
  • German far right seeks to exploit farmer protests

    DRESDEN: Brandishing suspect flags and even posters calling for opponents to be sent to the gallows, the conspicuous presence of far-right protesters at week-long tractor blockades by farmers have sparked fears that extremists are seeking to exploit the protest movement.

    Read More
  • KIBS holds executive education program in partnership with HBS

    KUWAIT: Under the patronage of the Governor of the Central Bank of Kuwait and Chairman of the Board of the Kuwait Institute of Banking Studies (KIBS), KIBS launched the executive education program to support the development of senior leaders in the banking and finance sector in the GCC, in collaboration with Harvard Business School (HBS) under the title “Navigating the Future: Leading Financial Institutions in an Era of Innovation and Transformation” on Jan 13 - 18, 2024.

    Read More
  • US banks report mixed results, see consumers as still healthy

    NEW YORK: Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year’s crisis involving midsized lenders.

    Read More
  • US regulator keeps Boeing 737 MAX 9 planes grounded

    WASHINGTON: The US Federal Aviation Administration (FAA) said Friday that all 737 MAX 9 planes would remain grounded until Boeing provides further data following a near-catastrophic incident on an Alaska Airlines-operated aircraft.

    Read More
  • Oil prices rise on Red Sea escalation

    NEW YORK: Oil prices climbed Friday after US and UK forces launched strikes against Houthi rebels, while global stocks were mixed following the kickoff of corporate earnings season.

    Read More
  • Morgan Stanley to pay $249m to settle US fraud charges

    NEW YORK: Morgan Stanley will pay $249 million to settle civil and criminal charges connected to stock trades where it disclosed key information that it promised to keep confidential, US authorities announced Friday.

    Read More
  • Green tech pumps water from thin air

    LAS VEGAS: Tech aimed at battling climate change and even pumping fresh water out of thin air attracted crowds as the annual CES gadget extravaganza showed its green side.

    Read More
  • IMF board approves disbursement of $700m for Pakistan

    WASHINGTON: The IMF’s executive board approved an immediate disbursement of around $700 million for Pakistan Thursday as part of a program to support the cash-strapped South Asian country through an economic crisis.

    Read More