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Will Apple’s digital wallet kill the card swipe?
So-called contactless payment isn’t new. Starbucks, McDonald’s, PayPal, Google and Square offer their own services, but only a small portion of customers use them. Some experts believe Apple Pay —with its presence on millions of iPhones and its advanced security features— could be the service that leads to widespread adoption of the digital wallet.
New iPhone 6 Plus pre-order shipments delayed by a month
The smaller 4.7-inch iPhone 6 is still available for delivery on September 19, Apple’s website showed.
China misses out on first wave of iPhone 6 releases
Millions of people in China, increasingly a critical pillar of Apple’s business, may have to wait until the year-end before they can buy the new iPhone 6.
ADIB recognised for treasury services
Abu Dhabi Islamic Bank (ADIB), a top-tier financial institution, has received an award for Best Treasury Services in the Middle East by EMEA Finance.
Amazon slashes price of its Fire smartphone to 99 cents
Amazon said the Fire smartphone with 32 gigabytes of memory will now cost 99 cents when customers sign a two-year contract with AT&T.
Apple seeks old magic with new products
Apple has been customarily tight-lipped ahead of its Tuesday event at a performing arts centre where late Apple co-founder Steve Jobs introduced the Macintosh computer 30 years ago.
Alibaba seeks to raise up to $24.3 billion in IPO
At $66 per share, the e-commerce firm would debut with a market value of $163b
Google agrees to refund $19m in kids’ in-app purchase case
Google has agreed to refund at least $19 million to parents who were unfairly billed for charges racked up by children playing video games such as Ice Age Village and Air Penguins on smartphones and tablets.
33rd hypermarket of Nesto opens in Sharjah
Nesto Hypermarket, the fastest growing retail chain in the region, inaugurated their 33rd outlet at Al Muweilah, School Zone Area, Sharjah.
EKHC to build US fertiliser plant next year
Egypt Kuwait Holding Co (EKHC), a Cairo-based private equity firm, plans to start building a $2.3 billion fertiliser plant in Idaho early next year.
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