Kuwait: Zain kicked-off its annual Ramadan social campaign, Zain Alshuhoor, with the food supplies (Machla) initiative.

KUWAIT: Moon Laundry, a leader in the garment care industry, has transformed the laundry experience by seamlessly integrating premium service with affordability.

KUWAIT: As part of its continuous efforts to develop human capital, Gulf Bank announced the graduation of its senior leaders from the Harvard Business School executive program – a custom executive development program for banking and finance executives that are part of the Kuwait Institute of Banking Studies.

YAOUNDE, Cameroon: Joseph Ngono’s face lights up with a smile as he looks at his smartphone, where a payment worth $830 has just appeared in his digital wallet.

BEIJING: Chinese electronics giant Xiaomi will start deliveries of its first electric vehicle by the end of March, the firm’s boss said Tuesday, bringing its highly anticipated entry into the automotive industry to the brink of completion.

KUWAIT: Brent futures rallied for a second consecutive month in February, rising by more than 2 percent to $83.6/bbl (+8.5 percent ytd) on the back of positive macroeconomic signals and continuing geopolitical tensions surrounding events in Gaza and the Red Sea.

BEIJING: Moody’s has downgraded one of China’s largest housing developers’ credit rating, as woes in the country’s property sector show no sign of abating. China’s real estate market is grappling with unprecedented challenges, with some developers on the verge of bankruptcy and lower property prices deterring consumers from making investments.

LONDON: Prime Minister Rishi Sunak’s government Tuesday pledged to build new gas-fired power stations to boost energy security, drawing criticism over his climate policies ahead of a general election this year.

COPENHAGEN: Lego cemented its position as the world’s biggest toymaker last year despite logging its first decline in net profit since 2017 and slumping sales in China, company results showed Tuesday.