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- Sohar International, Liva sign RO63mn loan deal
- Abyat joins NBK Rewards Program
- Aamal Company to buy Golden Aamal Tower for QR478.4mn
- Bank Muscat posts net profit of RO125.82mn
- Woqod posts net profit of QR460mn in H1; recommends QR0.48 interim dividend
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15/11/2017 07:26 AST
In an effort to make life simpler for its customers through a series of ongoing enhancements, Al Ahli Bank of Kuwait (ABK) today announced the launch of the Tap 'n' Go service with KNET.
This technology uses Visa payWave to enable Prestige, Elite and VIP Debit cardholders to transact with the POS devices by tapping or waving the card on the NFC-enabled POS machine without the need to insert or swipe the card. This enhancement will enable frictionless payments for low value transactions in a secure, more convenient and faster way.
In addition, ABK provides this service without the requirement of PIN or signature verification for point-of-sale transactions below KD 10 up to a cumulative total of KD 25, making the experience even simpler.
For contactless transactions above KD 10, or cumulative KD 25, a PIN will be required.
KNET have already started enabling this functionality on the Kuwait POS network.
All NFC-enabled POS machines will feature the distinctive contactless symbol, which is also present on the card, and ensures contactless payments can be conducted.
For more information about ABK please visit eahli.com or contact an ABK customer service agent via 'Ahlan Ahli' at 1899899.
Arab Times
14/05/2025
Al-Ahli Bank of Kuwait (ABK) recently hosted its Q1 2025 analyst conference attended by Abdulla Al-Sumait, Acting Group Chief Executive Officer; Shiamak Soonawalla, Group Chief Finance Officer; Abdul
Kuwait Times
08/05/2025
Al-Ahli Bank of Kuwait (ABK) Group announced its financial results for Q1 2025, reflecting continued outstanding performance and growth across financial indicators. The Group recorded a net profit o
Kuwait Times
08/02/2018
Building on its strong business performance from last year, Al Ahli Bank of Kuwait (ABK) today announced its financial results for the fiscal year ended Dec 31, 2017. ABK grew its Operating Income by
Arab Times
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16/07/2025
In line with its commitment to enabling strategic partnerships that support sustainable business growth, Sohar International has signed a consolidated loan agreement with Liva Group, a leading multi
Muscat Daily
16/07/2025
Reflecting its commitment to enriching the banking experience of its customers by providing exclusive offers and special rewards, National Bank of Kuwait announced the joining of Abyat, a leading com
Kuwait Times
16/07/2025
Aamal Company has entered into an agreement with Al Jazi Real Estate to purchase the Golden (Aamal) Tower located in Onaiza, for a total price of QR478.4mn.
The purchase price was determined
Gulf Times
16/07/2025
Bank Muscat, the flagship financial institution in the Sultanate of Oman, announced its preliminary unaudited results for the six months ending on June 30.
The bank posted a net profit of RO
Muscat Daily
16/07/2025
Woqod - which has exclusive concession in Qatar to distribute, sell, transport and market refined petroleum products and gas to airports and seaports - has reported net profit of QR460mn, translating
Gulf Times
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