Economy | Q8path – Just read it!

Aug

2 AUG 1990: We never ever forget you “Ya Kuwait”

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Jul

London News: You May Own Harrods But You Can’t Park Here

Violation Qatari cars in front of the famous Harrods store in London Knightsbridge.

via

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Jul

Bouky New Service From NBK

Well we would like to thanks 360Dewan for posting and covering this subject. Bouky is a new type of service in trail phase provided only by NBK, Zain and VISA, where you can pay for your purchases by your mobile phone. This service is provided commercially in Japan and some other countries. As it’s only in trail phase here in Kuwait until September it is only provided in the Avenues Mall in Al-Shaya stores,IKEA and Cinescape. Regarding security there is a pin code just like a K-Net debt card and a service hot line if you lose your phone or stolen.

Visit 360Dewan post for more details

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May

Banks Systems

What’s really going on with the banks?. On last Wednesday, my ATM card was not working in the ATM and POS machines. I went to the bank to replace with a new card. By the way, I was running out of cash, I have just none that in every bank in Kuwait when you withdraw any amount that is under 2000 KD they take a commission 2 KD.

I was really disappointed with these commissions, why do they take 2 KD for every withdraw, that’s really unhappy policy, because in these two days I have made 3 withdraw and they took 6 KD, so for what is the commission, as we already putting our money in the their banks?

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May

Zain’s profit in Q1 of 2010

KUWAIT, May 13 (KUNA) — Zain Telecom Group announced Thursday that its profit for the first quarter of the current fiscal year, 2010, was at USD 179.1 million. Zain Group Chairman Asaad Al-Banwan told the press that the total earnings of the Zain Group in the Mideast region reached USD 1.15 billion, an increase of 11 percent from the 2009′s number of USD 1.04 billion.
Regarding the financial status of Zain in the first quarter, Al-Banwan indicated that despite the shifts on its operational mechanism, Zain had achieved 24 percent growth in its operational net profit. He also noted that profit for shareholders had also increased in the first quarter by 10 percent, settling at USD 8.72 billion in contrast to the USD 7.95 billion number in the same period in 2009.

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May