Kuwaiti Emir Sheikh Nawaf inaugurates an environmental fuel project set up by state oil company KNPC in March 2022. AFP
Kuwaiti Emir Sheikh Nawaf inaugurates an environmental fuel project set up by state oil company KNPC in March 2022. AFP
Kuwaiti Emir Sheikh Nawaf inaugurates an environmental fuel project set up by state oil company KNPC in March 2022. AFP
Kuwaiti Emir Sheikh Nawaf inaugurates an environmental fuel project set up by state oil company KNPC in March 2022. AFP

Kuwait to start building world's largest petroleum research centre at end of 2022


Amr Mostafa
  • English
  • Arabic

Kuwait will begin to establish the world’s largest centre for petroleum research at the end of this year.

The announcement was made by the Gulf country’s oil ministry on Wednesday.

The centre will be built in the city of Al Ahmadi. It will comprise 28 technological laboratories and hire more than 600 employees, the ministry said on Twitter.

It will provide solutions to problems involved in the production and refining of heavy crude, as well as improve production methods and refining techniques at local and international levels, the ministry said.

TO A LAND UNKNOWN

Director: Mahdi Fleifel

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa

Rating: 4.5/5

The alternatives

• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.

• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.

• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.

2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.

• PayPal is probably the best-known online goods payment method - usually used for eBay purchases -  but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.

Marathon results

Men:

 1. Titus Ekiru(KEN) 2:06:13 

2. Alphonce Simbu(TAN) 2:07:50 

3. Reuben Kipyego(KEN) 2:08:25 

4. Abel Kirui(KEN) 2:08:46 

5. Felix Kemutai(KEN) 2:10:48  

Women:

1. Judith Korir(KEN) 2:22:30 

2. Eunice Chumba(BHR) 2:26:01 

3. Immaculate Chemutai(UGA) 2:28:30 

4. Abebech Bekele(ETH) 2:29:43 

5. Aleksandra Morozova(RUS) 2:33:01  

UAE currency: the story behind the money in your pockets
THE CLOWN OF GAZA

Director: Abdulrahman Sabbah 

Starring: Alaa Meqdad

Rating: 4/5

Mina Cup winners

Under 12 – Minerva Academy

Under 14 – Unam Pumas

Under 16 – Fursan Hispania

Under 18 – Madenat

Company profile

Name: Infinite8

Based: Dubai

Launch year: 2017

Number of employees: 90

Sector: Online gaming industry

Funding: $1.2m from a UAE angel investor

Updated: May 25, 2022, 8:26 AM`