Arab Funds

What We’re Watching Today: Netflix’s Mind Your Manners

Houn Beirut Cuisine: Traditional Lebanese Price range: Minimum charge of SR 115 (about $30) on Sundays, Tuesdays and Wednesdays. SR200 on Thursday, Friday, Monday. Highlights: Umm Ali, kunafa, hummus, baba ganoush, mixed grills. Additional Info: Many visitors head to Houn Beirut to sample shisha in the outdoor section overlooking the …

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Energy company derivatives are a risk to financial stability, says ECB

Oil Update – Oil Prices Slide; Indonesia proposes an OPEC-like group for nickel; Global dividends hit record high RIYADH: Oil prices tumbled on Wednesday as COVID-19 cases in China continued to rise, prompting concerns over lower fuel demand at the world’s top crude importer that outweighed concerns regarding an escalation …

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Arab and foreign retail investors boost QSE sentiments

The Qatar Stock Exchange opened the week on Sunday on stronger footing, with its key index gaining as much as 53 points to cross 12,600 levels.The insurance, industrials, transport and consumer goods counters saw above-average demand, with Qatar’s 20-stock index up 0.42% at 12,609.97 points , although it hit an …

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UN sounds alarm over Iran’s new ‘super missile’

DAMASCUS: A UN envoy has urged Western and Arab countries to lift sanctions imposed on Syria years ago, warning the moves exacerbate “the destruction and trauma” that Syrian civilians have been exposed to from the start of the civil war in the country 11 years ago. Alena Douhan, UN special …

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The last mile of a long fight to eradicate poliomyelitis

The last mile of a long fight to eradicate poliomyelitis A young girl receives polio vaccine drops during an anti-polio campaign in Karachi, Pakistan, July 20, 2020. (Reuters) Despite decades of vaccine development, smallpox remains the only disease to have been completely eradicated by vaccination. By the end of 2026, …

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France’s far-right party elects new leader to replace Le Pen

MOSCOW: Russian police on Saturday arrested a man suspected of starting a massive fire overnight at a bar in the historic town of Kostroma that killed at least 15 people. Firefighters fought until early morning to put out the blaze at the city’s famous Poligon bar, about 300 kilometers northeast …

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The Sleep Company Raises New Series B Funding

Credit: 123RF.com The Sleep Company, an online mattress retailer, has received Series B funding of ₹177 crore from Premji Invest and Fireside Ventures. The latest round also saw participation from venture debt fund Alteria Capital. Founded by Priyanka Salot and Harshil Salot, The Sleep Company, owned by Comfort Grid Technologies …

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Saudi Fund for Development helps Comoros with $5m water project

RIYADH: The scary season festivities have begun in Riyadh after the boulevard was transformed into a site-wide costume party during the “Scary Weekend” event, which took place on Thursday and Friday. Disguised visitors were granted free entry to the boulevard provided they wore spooky costumes. The event was dedicated to …

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The World Bank forecasts an 11% drop in energy prices in 2023

LONDON: The euro jumped above parity with the dollar on Wednesday as the US currency slipped against its main rivals on worries about the world’s largest economy. The euro rebounded above a dollar for the first time since mid-September, also helped by expectations of a sharp interest rate hike from …

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From Oslo to Abraham – Washington Free Beacon

There are few things Americans love more than a story that exposes the madness of snobs and pundits. This explains the initial appeal of Donald Trump and the enduring appeal of Michael Crichton’s novels. We need specialists to run our complex economy, but every once in a while the eggheads …

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FII will discuss business opportunities in an inflationary climate and an energy crisis

CAIRO: Equality for an unequal world, the balance between success and sustainability and the rise of the geo-economy are the key pillars of the sixth edition of the Future Investment Initiative forum, which will be held in Riyadh from October 25-27. The event, which will be held at the King …

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Offshore gas project in Gaza: Agreement expected by the end of the year

RAMALLAH: Palestine is preparing a final agreement with an Egyptian company to explore and extract gas from a field off the Gaza Strip. It is expected to provide millions of dollars to the Palestinian Authority’s treasury and improve the ability of Gaza’s power plant to generate electricity for residents. Palestinian …

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Green hydrogen production in the MENA region faces a water problem, says energy leader

In a global effort to reduce carbon emissions, several countries in the Middle East and North Africa are considering producing green hydrogen as a carbon-free energy source. Calls for the development of such clean energy technologies are particularly strong ahead of COP27, the global climate change conference that Egypt will …

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Market cap of Arab exchanges hits $4.21 trillion by September

The market capitalization value of Arab exchanges reached $4.21 trillion at the end of September 2022, according to a recent report by the Arab Monetary Fund (AMF). On a monthly basis, the 13 Arab exchanges recorded a 3.24% drop in market capitalization value last September compared to August 2022. In …

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Al-Mashat in Washington for the 2022 IMF and World Bank Group Annual Meetings

Rania Al-Mashat, Minister of International Cooperation and Governor of Egypt at the World Bank Group (WBG), arrived in Washington for the 2022 Annual Meetings of the International Monetary Fund (IMF) and the WBG, which will be held from October 10 to 16, under the theme “Unity in times of crisis”. …

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Military coups in the Sahel only help terrorists, security analysts say

MIRPURKHAS, Pakistan: Nasir Khan, a 40-year-old laborer from Pakistan’s Mirpurkhas district, Sindh province, stood outside the Civil Hospital last week complaining of anxiety and feelings of sadness and hopelessness . In August, Khan’s home and livestock were swept away by deadly floods that have affected at least 33 million people …

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Gulf region a ‘bright spot’ as global economic crisis continues: IMF chief

RIYADH: E-commerce in the UAE is expected to reach $9.2 billion by 2026, while its share of total retail sales is expected to reach 12.6% in the same year, according to the latest Chamber of Commerce analysis from Dubai. The analysis, which used data from Euromonitor, shows e-commerce sales in …

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Ian hits South Carolina as Florida death toll climbs

SEOUL (Reuters) – North Korea tested two short-range ballistic missiles on Saturday, its neighbors said, in the fourth round this week of weapons fire that drew swift and strong condemnation from rivals.In an unusually strong rebuke of North Korea’s weapons programs, South Korean President Yoon Suk Yeol said North Korea’s …

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Dubai launches search for great minds to fight Middle East brain drain

A search to identify and support the best thinkers in the Arab world began on Wednesday, with millions of dirhams in funding available. Mohammed Al Gergawi, Minister of Cabinet Affairs, compared the Great Arab Minds project to the Nobel Prize. Mohammed bin Rashid Al Maktoum Global Initiatives seeks to identify …

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End Starvation Torture, Pass Yemen War Powers Law

I echo William Lambers in his July 14, 2022 op-ed, “Children in Yemen Died from Bombs and Malnutrition.” The current truce for the US-backed war and blockade in Yemen between Saudi Arabia and the United Arab Emirates expires on October 2. in slow motion.” It is crucial that Congress take …

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The United Arab Emirates (UAE) continues to distribute humanitarian relief to drought-affected people in Somalia

The United Arab Emirates, through its humanitarian agencies and in cooperation with the Somali Disaster Management Authority (SoDMA) and other authorities, continues to distribute aid to the local population and displaced persons in the areas most affected by drought, including the regions of Mahas and Mataban in the governorate of …

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Meta sued for violating Apple’s privacy policies to ‘spy’ on users

A ‘key trend’ in the latest Arab youth survey is a ‘decline in news consumption’ DUBAI: Dubai-based public relations agency ASDA’A BCW has released the results of its 14th annual survey of Arab youth, described as the largest independent survey of its kind. This year’s findings are grouped under six …

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Eleven schoolchildren killed in airstrike in Myanmar (UNICEF)

NEW YORK CITY: Just a few months ago, Somalia was promised a new era. After a peaceful vote and an equally peaceful transfer of power, many had hoped that a line had been drawn after decades of clan divisions, factional politics, heightened tensions between Mogadishu and the regions and a …

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Egypt participates in the meeting of the Board of Governors of Arab Central Banks and Monetary Institutions in Saudi Arabia

Hassan Abdalla – Acting Governor of the Central Bank of Egypt (CBE) – took part in the meeting of the 46th session of the Board of Governors of Arab Central Banks and Monetary Institutions on Sunday in Jeddah, Saudi Arabia, under the auspices of the Custodian of the Two Holy …

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India welcomes cheetahs back, 70 years after local extinction

DUBAI: Two years after the signing of the Abraham Accords, normalizing relations between the UAE and Israel, the UAE rabbi got married on Wednesday at the Hilton Yas Island in Abu Dhabi. Rabbi Levi Duchman, 29, is married to Lea Hadad, 27, the daughter of Rabbi Menachem Hadad, the Chabad …

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Nearly 3 million tonnes of grain exported from Ukraine since August

LONDON: Somalia faces widespread malnutrition and death due to worsening drought crisis if international funding is not increased, a UN briefing on the crisis has heard. Held virtually on Wednesday, the meeting included the Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator, Martin Griffiths, as well as Somalia’s first Special …

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Death toll from migrant shipwrecks off Tunisia rises to 11

CAIRO: African ministers meeting in Cairo two months before the COP27 climate summit have called for a big expansion of climate finance for their continent while opposing an abrupt shift away from fossil fuels. Egypt, an oil and gas producer considered highly vulnerable to climate change, has positioned itself as …

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King Charles III: a friend of the Arab world

LONDON: In November, the Prince of Wales and his wife, the Duchess of Cornwall, embarked on the first overseas tour by a member of the British royal family since the start of the coronavirus pandemic, which had temporarily interrupted these trips two years earlier. For those familiar with the interests …

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WHO: COVID cases fall everywhere, but the pandemic is not over

NEW DELHI: Deep inequality remains a pressing problem across India, experts said this week, even as the former British colony overtook the UK to become the world’s fifth-largest economy. India’s gross domestic product overtook Britain in the final three months of 2021 and extended its lead into the first quarter …

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Saudi Arabia condemns suicide attack on Russian Embassy in Kabul

RIYADH: Two Italian researchers presented new scientific research on falcon conservation at the Saudi International Falcons and Hunting Exhibition, which involves the use of drones to rehabilitate injured birds. Dr Giovanni Granati and Athena Jitariuc presented their research in a workshop at the event which ran from August 25 to …

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There are some glimmers of hope in the fight for the climate

There are some glimmers of hope in the fight for the climate We have become accustomed to bad weather news. Despite warnings from scientists and protests from communities, catastrophic floods, record heat waves, devastating wildfires and famine-causing droughts are on the rise.But sometimes a pleasant political surprise inspires policymakers and …

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Aid is flowing to Pakistan; flood deaths cross 1,200 mark

ISLAMABAD (AP) — Planes carrying fresh supplies cross a humanitarian air bridge to flood-ravaged Pakistan as the death toll passed 1,200, officials said Friday, with families and children particularly at risk. illness and homelessness. The ninth flight from the United Arab Emirates and the first from Uzbekistan were the latest …

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UN chief to visit Pakistan to witness ‘climate catastrophe’

UK’s Queen Elizabeth says she is ‘deeply saddened’ by severe flooding in Pakistan LONDON (Reuters) – Britain’s Queen Elizabeth II said on Monday she was “deeply saddened” by severe flooding in Pakistan that has claimed more than 1,150 lives. “I am deeply saddened to learn of the tragic loss of …

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US manhunt after gunman shot 3 ‘random’ people

NEW DELHI: Indian authorities demolished two illegally built skyscrapers in less than 10 seconds on Sunday, making them the tallest structures ever demolished in the South Asian country. More than 3,700 kg of explosives were used around 2.30 p.m., authorities said, with the collapse of the twin towers – each …

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Russian forces in Syria say Israeli planes attacked research center

Palestinian civil rights institutions shut down by Israeli army to continue their work RAMALLAH: The directors of seven Palestinian civil rights institutions closed by an Israeli army decision on August 18 have decided to reopen their establishments and continue their activities as usual. Arab News spoke to Shawan Jabarin, director …

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Jailed ex-Malaysian PM Najib Razak returns to court for 1MDB trial

UNITED NATIONS: Secretary-General Antonio Guterres on Wednesday called on Myanmar’s military-installed government to include ethnic Rohingya in a solution to the country’s political crisis. He commented on the eve of the fifth anniversary of the start of a mass exodus of the Muslim minority to Bangladesh to escape a military …

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Israel’s refusal to release Palestinian prisoners heightens tensions

CIA finds no evidence of Israeli ‘terrorism’ label for Palestinian rights groups LONDON: The CIA found no evidence to support Israel’s claim that six prominent Palestinian rights groups were “terrorist organizations”, intelligence sources told the Guardian. Last October, the Israeli government labeled the following groups as terrorists: Addameer Prisoner Support …

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Yemeni leader in Riyadh for talks on economic and political support

BEIRUT: The decision of the municipality of Taraya, Bekaa, to move a memorial for Lebanese Armed Forces personnel from the entrance to the city to the roadside has been criticized. It has been claimed that the memorial was moved so as not to disturb a photo associated with a political …

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UK’s Liz Truss says the defining mission will be to revive the economy

LONDON: Policymakers, lawmakers and insufficient investment in the oil and gas sector are to blame for high energy prices, not the Organization of the Petroleum Exporting Countries, the new secretary-general told Reuters on Thursday. of the group of producers, Haitham Al-Ghais. A lack of investment in the oil and gas …

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Crypto Moves – Bitcoin and Ethereum rise; Crypto hack losses jump 60% to $1.9 billion

RIYADH: Saudi Arabia recorded a massive 673.4% increase in the number of investment licenses, with 4,455 licenses issued in the second quarter of 2022 compared to 576 in the same period last year, according to the latest government data. The top five sectors that accounted for most of these licenses …

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‘On February 9, ’22 Assembly opted for coexistence with COVID’ – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger This message has been read 923 times! KUWAIT CITY, August 15: The 2020 National Assembly presented a total of 34 recommendations – 17 in the first year of its term and 17 in the second year. February 16, 2021; the Assembly presented eight recommendations regarding …

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Seven injured, two seriously, in Jerusalem bus attack: police, doctors

CHICAGO/NEW YORK/WASHINGTON, DC: Hadi Matar, the 24-year-old New Jersey suspect charged with attempted murder in a vicious stabbing attack on author Salman Rushdie on Friday, is believed to have been motivated by pro-regime sympathies Iran and the death fatwa imposed on the novelist in 1989 by the late Ayatollah Khomeini. …

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Egypt in preliminary talks to raise $2.5bn amid growing economic pressure: Bloomberg

RIYADH: UAE-based Gulf Pharmaceutical Industries, also known as Julphar, announced robust results for the second quarter of the year, with gross profit margin reaching 34%. Julphar’s performance was mainly driven by a 91% increase in year-on-year net sales to 419.9 million dirhams ($114.3 million), according to a statement. The second …

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SAB reports serious Awqaf violations amounting to millions of dinars – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger This message has been read 959 times! KUWAIT CITY, August 10: The report of the State Audit Office for the financial year 2021/2022 revealed serious financial and administrative violations within the Ministry of Awqaf and Islamic Affairs, which cost public funds several million dinars, reports …

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Former Israeli health minister sentenced in student abuse case

DUBAI: A day before the second anniversary of the explosion in the port of Beirut on August 4, 2020, the World Bank has released a scathing report on Lebanon’s financial crisis and the alleged acts of deception that appear to have made the economic collapse of the inevitable country. Titled …

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Dissolve a political party

The dissolution of the National Awami Party (NAP) in 1975 followed months of downgrading the party and its leadership in the media. It was a ruling party, in coalition with the Jamiat-e-Ulema Islam (JUI) of Maulana Mufti Mehmud, in two of the country’s provinces and had zealously participated in the …

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UAE aims to convert oil wealth into technological prowess – TechCrunch

The Middle East has long been seen as an oil region, but the UAE aims to change that by emphasizing the growth of the country’s technology and startup scene. For the first half of 2022, the Middle East region generated $1.73 billion of investments in 354 deals, compared to more …

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KIA Shock, Minister’s Move – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger This message has been read 864 times! Jhe Minister of Finance, Chairman of the Board of Directors of the State’s Sovereign Wealth Fund, which manages funds worth nearly $800 billion, has taken a decision to dismiss Mr. Saleh Al-Ateeqi, Executive Director of Kuwait Investment Office …

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F1 drivers navigate wet testing ahead of qualifying

Getting the right players is most important, not the speed at which players arrive: Newcastle chief NEWCASTLE: Eddie Howe has admitted he had a dose of transfer frustration just seven days before Newcastle United head into the Premier League battle. The Magpies recorded an impressive 1-0 win over Serie A …

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Pakistani Prime Minister Shehbaz Sharif hits out at Imran Khan despite delay in verdict on foreign funding case

Pakistani Prime Minister Shehbaz Sharif Photo: PTI HIGHLIGHTS Pakistani Prime Minister Shehbaz Sharif tweeted: “NS [Nawaz Sharif, Shehbaz Sharif’s brother] was sentenced for not receiving a salary, ‘Ladla’ is untouchable. Eight years later, the decision is still elusive.” Pakistan’s Interior Minister Rana Sanaullah also urged the ECP to “immediately” announce …

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Britain targets Russian officials in new round of sanctions

KYIV (Reuters) – Russia targeted Ukraine’s Odessa and Mykolaiv regions in the Black Sea with airstrikes on Tuesday, hitting private buildings and port infrastructure along the country’s southern coast, the military said Ukrainian.Kremlin forces used air-launched missiles in the attack, Ukraine’s Southern Operational Command said in a Facebook post.In the …

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Mediterranean ships find 5 dead and rescue more than 1,100 migrants

Why the Chicago mayor’s crime-fighting strategy is costing Muslim and Arab businesses CHICAGO: As Chicago continues to be overwhelmed by gun violence and homicides, Mayor Lori Lightfoot’s administration has begun to adopt a strategy ostensibly designed to make the American city a safer place. However, Muslim and Arab-owned businesses say …

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How South Americans with Middle Eastern roots are transforming Arabic cuisine

SAO PAULO, BRAZIL: In a region where the first Arab immigrants arrived in the 19th century and where around 18 million people have Middle Eastern roots, Arabic cuisine has become an integral part of the local cuisine of several Latin American countries . A new generation of Arabs on the …

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2 charged in migrant tug case that left 53 dead

LONDON: The World Health Organization has urged health systems to consider the needs of refugees and migrants to protect and promote their health. He also called on health workers to be more aware of refugees and migrants within the framework of the principle of health for all and for the …

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The day Britain shamed us into the front row of humanity – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger This post has been read 1467 times! Rishi Sunak is British, born in May 1980, the son of Indian immigrants from Kenya. Despite the amount of ethnic and religious differences between Rishi and his conservative British society, this did not prevent him from succeeding, and …

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Sri Lanka’s ‘Arab Spring’ moment uproots Rajapaksa clan; but a still uncertain economic recovery

What started as a small protest by a handful of individuals demanding basic necessities turned into a tsunami that uprooted the once-powerful Rajapaksa family in what was the time of Sri Lanka’s ‘Arab Spring’ , but the road to recovery from the country’s worst economic crisis in decades seems distant …

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Biden visits Palestinians, Abbas ahead of Saudi Arabia trip, promises Abu Akleh probe

Comment this story Comment JERUSALEM — President Biden devoted the final hours of his Israeli visit to restoring ties with Palestinians severed by his predecessor, visiting a Palestinian hospital Friday in East Jerusalem and walking through an Israeli military checkpoint to meet with the President of the Palestinian Authority Mahmoud …

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Lebanese accessories brand Sarah’s Bag collaborates with Chloe

DUBAI: Italian-Moroccan model Malika El-Maslouhi has starred in French jewelry brand Messika’s latest campaign, focusing on the brand’s new Egyptian-inspired offering. The new Akh-Ba-Ka set, designed by Valérie Messika and inspired by ancient Egypt, is part of the brand’s new jewelry collection entitled “Beyond Light”. In the campaign images, El-Maslouhi …

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Lebanese politicians criticized during Eid sermon for ‘moral crisis and love of power’

BEIRUT: Lebanese ruling class politicians were criticized on Saturday for suffering “a moral crisis and a love of power” as the country celebrated Eid Al-Adha. The officials had apologized for not having received sympathizers on this holy occasion “due to the circumstances that Lebanon is going through”. Dar al-Fatwa’s secretary, …

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British Prime Minister Johnson appoints Zahawi as new finance minister

COLOMBO: Sri Lanka will completely stop printing money to control a rapid rise in commodity prices, its prime minister said on Tuesday, with inflation expected to reach 60% this year. The cash-strapped country of 22 million is in the grip of its worst economic crisis in decades and has been …

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French amateur football tournament celebrates diversity and fights racism

CRETEIL, France: An amateur football tournament in France aimed at celebrating ethnic diversity is attracting talent scouts, sponsors and increasing public attention, bringing together young players from disadvantaged neighborhoods with sports personalities. The National Neighborhood Cup aims to shine a light on working-class areas with large immigrant populations that some …

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Childhood memories of Hajj pilgrimages inspire Saudi filmmaker’s latest project

How Saudi academia and industry are closing ranks to drive hotel innovation DUBAI: As part of their mission to diversify the national economy away from oil dependence, the Saudi authorities are actively encouraging entrepreneurship among the country’s youth, especially those who wish to work in the booming sector. development of …

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Poll shows declining popularity of Fatah movement

Turkey’s populist politicians stoke tensions over Syrian refugees ahead of election ANKARA: A toxic and dangerous anti-refugee discourse is gaining momentum in Turkey. Umit Ozdag, the leader of the nationalist Zafer (Victory) party, was recently barred from entering the southern border town of Hatay after promising to place a “symbolic” …

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UN appeals for $110 million for Afghanistan earthquake response

The United Nations on Monday issued an urgent appeal for $110.3 million to provide lifesaving assistance to more than 360,000 Afghans who were affected last week by a magnitude 5.9 earthquake that killed around 1,000 people, including 150 children. Funding is needed over the next three months to meet urgent …

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Saudi Arabia bestows Order of King Abdulaziz on Pakistani military leader

RIYADH: Psychedelic researcher Stanislov Grof once wrote that “psychedelics, used responsibly and with proper caution, would be to psychiatry what the microscope is to biology and medicine or the telescope is to astronomy.” . For many, this may seem like a far-fetched claim, but now more than ever it is …

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CNN Academy Abu Dhabi returns with an expanded training program for journalists

DUBAI: Last year, TikTok overtook Google as the most popular website, according to internet security firm Cloudflare. The short-form video app’s unprecedented popularity has spurred a new wave of content creators and influencers, and given rise to new types of content and shopping trends. Consumption of tech-related content on the …

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Saudi Esports body partners with Mastercard to boost gaming industry

Crypto Moves – Bitcoin and Ethereum fall; Terraform Labs personnel prohibit travel; Creating a Metaverse Standards Body RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Wednesday, falling 2:30% to $20,389.86 at 9 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,093.61, down 4.84%, according to …

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Saudi MMDA invites companies for 65 km road project contract in Medina

Diriyah Gate Development Authority Earns US Green Building Council Sustainability Certification RIYADH: The first phase of the Diriyah Gate Development Authority master plan has received platinum-level pre-certification for “Leadership in Energy and Environmental Design” by the US Green Building Council. LEED certification is generally granted for projects that work with …

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How Saudi Arabia’s $18 billion logistics industry is expanding to the rest of the world

RIYADH: Any cargo delivery business will feel a bit sinking at the thought of short-term storage, with most warehouse operators insisting on minimum volumes and contracts of at least a few months. Logexa, an online logistics platform launched by Husam Sendi and his co-founders in September 2021, has turned the …

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Oman’s Sohar bank plans merger with HSBC

UAE EPC Company NMDC and AD Ports Form Joint Venture to Offer Offshore Surveys and Subsea Services DUBAI: The UAE National Marine Dredging Group and AD Ports Group have entered into an agreement to establish a joint venture that will conduct offshore surveys and subsea services in the region. Safeen …

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Arab countries hosting Palestinian refugees reject any amendment to UNRWA mandate

BEIRUT: Meetings of the UNRWA Advisory Commission began Tuesday in Beirut, with Arab countries hosting Palestinian refugees insisting the agency retain control of its mandate under resolution 302 (1949). The agency provides services to more than 5.8 million Palestinian refugees in Arab host countries, namely Lebanon, Syria, Jordan, Egypt, as …

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Libyan oil production plummets due to new shutdowns and violence

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded lower on Monday, falling 5.60% to $25,767.27 as of 8:30 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,356.23, falling 5.45%, according to data from Coindesk. Crypto Firm Celsius Halts All Transfers As Market Crashes In another indication of …

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Five people killed in helicopter crash near Tuscany, Italy

ITALY, Venice: Venice’s first mosque was inaugurated in a ceremony attended by representatives of the Italian Islamic community and city institutions. The opening of the mosque means the city – a UNESCO World Heritage Site and a tourist and artistic site – now has a dedicated place of worship for …

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UN Security Council must reauthorize vital UN cross-border response within a month – Syrian Arab Republic

New York, NY, June 9, 2022 – Today marks exactly one month before the UN Security Council is due to vote to renew a resolution that authorizes the transfer of aid across the northwestern border of the Syria. Since 2014, this mechanism has been a lifeline for millions of people …

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Gaudu grabs Dauphine’s third stage win, Van Aert takes race lead

RIYADH: A discussion by the Red Sea Development Company as part of its annual Elite Graduate program was hailed as “inspiring” and “energizing” by the latest group of students enrolled in the course. The Riyadh meeting, led by TRSDC CEO John Pagano, welcomed the third group of students participating in …

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Asian buyers seek more Saudi crude despite massive price hike: Bloomberg

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Monday, rising 4.90% to $31,188.36 as of 8:00 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,880.47 up 4.01%, according to data from Coindesk. Crypto Scam Losses Surpass $1 Billion Since 2021 More than 46,000 people reported …

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Iranian resistance disrupts state apparatus on anniversary of Ayatollah Khomeini’s death

CHICAGO: Resistance activists in Iran have disrupted parts of the country’s security apparatus, senior officials tell Arab News, as the country prepares to mark the anniversary of Ayatollah Ruhollah’s death Khomeini, the founder of one of the most repressive states in the world. Regime opponents took control of security systems …

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Hajj will host 1 million pilgrims this year, minister says

Jeddah: An exhibition was launched Tuesday in Jeddah to support patients suffering from chronic diseases, showing local products and homemade products at the Jeddah Superdome under the patronage of Princess Adela bint Abdullah. Organized by the National Home Health Care Foundation with the support of the General Entertainment Authority, the …

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The Smithsonian Folklife Festival returns to the National Mall with stories of land, sea and sky

After a two-year hiatus, the Smithsonian Folklife Festival returns to the National Mall in Washington, DC, with programs designed to spark curiosity, understanding and enjoyment. Visitors to the 2022 Smithsonian Folklife Festival can explore the cultural traditions of the United Arab Emirates (UAE) and the Smithsonian’s Earth Optimism program through …

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UAE’s handling of COVID-19 pandemic hailed in Davos

The UAE’s handling of the COVID-19 pandemic has been praised by a panel of experts at the annual World Economic Forum in Davos. The roundtable, held on Wednesday, also heard experts discuss the historic Abraham Accords signed between the UAE and Israel in 2020, saying they presented a huge opportunity …

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Saudi Rawabi Holding’s energy unit eyes $500m funding ahead of IPO: Bloomberg

TRSDC is grooming a new breed of Saudi hospitality professionals to put the Kingdom firmly on the global tourism map RIYADH: A few years ago, it was a bit inconceivable to see tourists in large numbers swimming in the Saudi Red Sea or marveling at the breathtaking natural habitats of …

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Zoabi has not been promised any new funding to return to the coalition, say people in meeting

As part of today’s deal that returned Meretz MP Ghaida Rinawie Zoabi to the coalition just three days after her departure, pledges were made to transfer existing funds – rather than new ones – to municipalities Arabs,” Kafr Manda Mayor Ali Khader Zidan said. Zidan, who was one of several …

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Trump Associates facing more legal scrutiny

Bad news for Trump and his associates as a key Democrat confirms that the DOJ requested the Jan. 6 transcripts. A federal grand jury also dismissed other charges against the former chairman of Trump’s inaugural committee in 2017. And the DOJ has filed a civil lawsuit against casino magnate and …

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Saudi crude oil exports fall 1% in March, biggest monthly decline of the year: JODI

Indonesian President Elon Musk in talks for investment in Asian country: NRG counts RIYADH: The Indonesian President is in talks with Tesla CEO Elon Musk regarding various investments in the country. Protesters in Suffolk oppose the construction of a nuclear power station, fearing disruption in various sectors. Elsewhere, the UK …

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Digital Asset Transactions in Saudi Arabia Surpass $20 Billion in 2021, Says BitOasis Executive

How Saudi women’s participation in logistics and e-commerce is growing DUBAI: Every year, more Saudi women are joining the Kingdom’s workforce in a host of industries long dominated by men, largely thanks to reforms introduced under the Vision 2030 reform programme. The Vision 2030 reform program was launched in 2017 …

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Al Jazeera journalist killed in Israeli raid in West Bank

Journalists and doctors carry the body of Al Jazeera network reporter Shireen Abu Akleh to the hospital morgue in the city of Jenin, West Bank, Wednesday, May 11, 2022. The well-known Palestinian journalist for the Arabic language of the broadcaster was shot and killed while covering an Israeli raid in …

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Outrage over Israeli PM’s remarks on sovereignty over Al-Aqsa compound

DUBAI: Education, it is said, is an investment in the future. This is why the Gulf Arab States have invested heavily in high-quality schools, creating the infrastructure necessary for students to reach their full potential and build careers that are personally satisfying and beneficial to society at large. However, the …

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