Arab Funds

Blinken reiterates US opposition to Israeli deportations to Sheikh Jarrah

Sinwar: Gaza conflict is just an exercise in what will happen if Israel violates Al-Aqsa Hamas leader in Gaza Yahya Sinwar told Palestinian journalists that fighting between Hamas and Israel could resume if the Al-Aqsa Mosque in Jerusalem is “violated”. “The occupation must know – Al-Aqsa has men who will …

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Saudi port of Jeddah considering three overseas deals worth $ 500 million each

Pandemic has ‘dramatically accelerated’ digital marketing in Saudi Arabia, Facebook executive says DUBAI: Demand for digital marketing has “accelerated dramatically” due to pandemic and Saudi businesses must target new potential customers online to grow and compete, regional head of retail and e-commerce says from Facebook. Anna Germanos, retail and e-commerce …

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Rights and obligations under Saudi mortgage law

Rights and Duties under Saudi Commercial Mortgage Law Last week our article was about the basics of Saudi commercial mortgage regulation.Before going any further, it would be better to define again what a commercial mortgage is for the uninitiated. A commercial mortgage is a loan secured on commercial property and …

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Muslims around the world add subtle local twists to Eid celebrations

MANILA: The World Health Organization (WHO) on Monday cited the deployment of the COVID-19 vaccine in the Philippines, dismissing claims of public reluctance to be vaccinated against the disease. “Right now, we don’t see much reluctance to vaccinate (COVID-19) in the Philippines. In fact, the problem is that the supply …

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WHO cites vaccine rollout to refute reluctance claims

MANILA: The World Health Organization (WHO) on Monday cited the deployment of the COVID-19 vaccine in the Philippines, dismissing claims of public reluctance to be vaccinated against the disease. “Right now, we don’t see much reluctance to vaccinate (COVID-19) in the Philippines. In fact, the problem is that the supply …

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WFP steps up support to famine-prone areas in Yemen

SANAA – The United Nations World Food Program (WFP) is increasing the level of food aid to the worst hunger hot spots in Yemen to prevent devastating famine. But the agency’s ability to sustain the response until the end of the year remains uncertain. “Yemen’s continued fragility, compounded by persistent …

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Egypt receives raw materials to produce Sinovac COVID-19 vaccine – Xinhua English.news.cn

Airport staff unload the first batch of Chinese Sinovac vaccine raw materials from a plane at Cairo International Airport in Cairo, Egypt on May 21, 2021. Egypt received the first batch of raw materials to make Chinese Sinovac vaccine, the Chinese embassy in Egypt said on Sunday. In addition to …

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Bahrain sees 23% increase in value of government tenders launched in first quarter

DUBAI: Bahrain issued $ 1.6 billion in government contracts in the first quarter (Q1) of 2021, an increase of 23% year-on-year, according to new data released by the Bahrain Public Procurement Council – the markets regulator public across the country. The total number of individual contracts increased 25% year-over-year in …

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‘Commerce’ sets out to reorganize the social media advertising market – ARAB TIMES

WhatsApp Facebook Twitter E-mail Messenger No “ celebrities ” to promote products KUWAIT, May 22: The Ministry of Trade and Industry has initiated a process to reorganize the advertising market on “social networks” to promote certain products, but this time directly to advertisers and not through what it called “celebrities” …

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Suspect arrested in Maywood murder

Ray Hanania is an award-winning columnist, author and former Chicago City Hall reporter (1977-1992). A veteran who served in the Vietnam War and recipient of four SPJ Peter Lisagor Columnist Awards, Hanania writes weekly opinion columns on major American and Chicagoland topics for the Southwest News-Herald, Des Plaines Valley News …

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7.3 magnitude earthquake hits central China hours after first kills at least 3 people in the south

LONDON: An athlete who raised tens of thousands of dollars for charity during Ramadan has launched a new campaign to raise $ 70,000 to donate for emergency humanitarian aid to Palestinians in Gaza and in the occupied Palestinian territories. Haroon Mota plans to hold four marathons in just three weeks, …

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United Arab Emirates awards grants for restoration of key coral reefs – CBS Miami

KEY LARGO (CBSMiami / AP) – Part of a grant from the United Arab Emirates was awarded to two coral restoration organizations based in Florida. The Coral Restoration Foundation will get more than $ 1.9 million to work at Carysfort Reef off North Key Largo, and Reef Renewal USA will …

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Food, drink and VAT prices push inflation to 5.3% in April

RIYADH: The increase in value added tax (VAT) last summer and the resulting rise in food and drink prices saw Saudi Arabia’s inflation rate soar to 5.3 % in April, against 4.9% in March and 1.3% in April 2020, according to official data. Following the economic impact of the coronavirus …

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Seven days in May | The Jewish standard

In 1916, in an attempt to restore revolutionary relevance, Pancho Villa of Mexico attacked a border town in New Mexico to elicit an American response. President Woodrow Wilson complied. He sent an expeditionary force to Mexico, led by General John Pershing, who drove out Villa and his revolutionaries for 11 …

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London’s Shubbak Festival opens to global audiences for the first time

Hip-hop, spoken word and karaoke are what are on the lineup for this year’s Shubbak Festival. A decade after its launch, the biennial festival returns to London for its sixth edition with a program full of Arab art, cinema, music, theater, dance and literature. Organizers say almost all of the …

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Qatar stocks retreat despite interests in insurance and telecom purchases

(MENAFN – Gulf Times) Gulf institutions were increasingly net buyers on the Qatar Stock Exchange on Wednesday, which was otherwise on the negative trajectory. Despite buying interest in insurance and telecommunications outlets, the Qatar 20-stock index settled more than 28 points or 0.26% lower at 10,940.58 points, after hitting an …

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This week in history: April 26 to May 2

25 years ago: Indian general election sweeps the Congress Party out of office BJP leader Atal Behari Vajpayee The Indian general elections, held from April 27 to May 2, 1996, replaced the Congress Party as the largest party in parliament with the Hindu-Chauvinist Bharatiya Janata Party (BJP). The election resulted …

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Battle for Secretary of State is already brewing in Illinois

SHARE THIS STORY 20 20 Actions Alexi Giannoulias is the main contender within the brewery race to succeed the retiring Illinois Secretary of State Jessie White. Though the Democratic Social gathering’s main election won’t happen till March 2022, time flies and the race will rapidly change into crowded. With the …

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Abu Dhabi Oil Big ADNOC Contemplating IPOs on Drilling and Fertilizers

Abu Dhabi is ramping up plans to promote shares in some oil and gasoline corporations as the federal government seeks to deepen its monetary markets and diversify its sources of funding. The nationwide power firm, Abu Dhabi Nationwide Oil Co. (ADNOC), is planning to go public for its drilling enterprise …

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Libya receives 57,000 doses of AstraZeneca COVID-19 vaccine from COVAX

DAMASCUS / NEW YORK: Israeli strikes focusing on Syrian regime army positions and an arms depot close to Damascus have killed three Iranian-backed militiamen, a UK-based conflict observer mentioned Thursday. The strikes close to the capital “destroyed an arms depot seemingly utilized by Lebanese Hezbollah militia,” amongst different Iranian-backed teams, …

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U.S. meat exporters envision restoration in Saudi market

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Heart for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been offered to a consortium of UAE buyers. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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Saudi Cable plans capital enhance to spice up manufacturing, chairman says

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Middle for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been offered to a consortium of UAE traders. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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A brand new assume tank to develop the European halal financial system

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Middle for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been bought to a consortium of UAE traders. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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SAGO sells factories to UAE buyers as a part of ongoing KSA privatization drive

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Middle for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been bought to a consortium of UAE buyers. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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Abu Dhabi oil big ADNOC to contemplate IPO of drilling exercise

ABU DHABI: The Central Financial institution of the United Arab Emirates has issued its first license underneath a system of low-risk specialist banks designed to serve residents of the United Arab Emirates, WAM reported.The central financial institution has set the utmost complete belongings of specialised low-risk banks at a most …

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The Arab Spring is just not over but … it’s about to start

Worry of the Biden administration, concern over the Abrahamic Accords (see under), positioning of geopolitical standing within the Center East, and safeguarding pursuits in Israel are the primary components by way of which Turkish President Recep Tayyip Erdoğan seeks to enhance relations. with Israel which, nonetheless, it connects to the …

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Yemen Minister in talks with World Financial institution on Aden stimulus plan

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Middle for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been offered to a consortium of UAE buyers. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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Jokowi Doubles Indonesia’s Wealth Fund Goal to $ 200 Billion

President Joko Widodo has set a goal of $ 200 billion for Indonesia’s new wealth fund over the subsequent two to a few years, aiming to finance its efforts for the resource-based economic system to extend the worth chain. That is double the $ 100 billion goal set earlier this …

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American accused of $ 14 million boiler room rip-off

RIYADH: The Saudi Grains Group (SAGO) and the Nationwide Heart for Privatization (NCP) introduced Thursday that the Third Milling Co. (MC3) has been bought to a consortium of UAE traders. The consortium, which incorporates Ghurair Funding (AGI), Al Rajhi Holding Group and Masafi, acquired MC3 following a young led by …

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Qatar – Prime Cinema Specialists Converge On-line in Qumra

(MENAFN – Gulf Occasions) Qumra, the Doha Movie Institute (DFI) ‘s annual Arab Cinema Expertise Incubator, will host greater than 150 worldwide business consultants from 41 nations, joined by quite a few native organizations from foreground for the seventh version of the initiative. on-line from March 12 to 17.Along with …

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‘Saturday Night time Reside’ exposes Zionophobia

(March 7, 2021 / JNS) By now most individuals have heard that Saturday night time reside “Weekend Replace” presenter / comic Michael Che mentioned in a “joke” that “Israel now experiences that it has vaccinated half of its inhabitants. And I’ll guess it is half Jewish. It was a not-so-subtle …

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