Arab Funds

Saudi animated film “The Journey” premieres in Tokyo

Saudi Arabia’s Center for Islamic Studies seeks new chapter with Philippines MANILA: A center for Islamic studies and research in Saudi Arabia “opens its doors” to Filipinos seeking to pursue academic work as part of efforts to strengthen bilateral relations between the two countries. In a statement on Saturday, Malacanang …

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Hamas: Palestinian Authority hinders reconstruction of Gaza

Hamas does not trust the Palestinian Authority when it comes to rebuilding the Gaza Strip, senior Hamas official Musa Abu Marzouk said at the weekend. Abu Marzouk, deputy head of Hamas’s political bureau abroad, also said his group rejects any attempt to tie the reconstruction of Gaza to the issue …

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Nigerian artists bet on crypto-art

LAGOS: At just 29 years old, Nigerian pop artist Osinachi sold paintings on Microsoft Word for several thousand dollars, the equivalent in ether, a cryptocurrency often used to buy digital art. One of her works, “Becoming Sochukwuma”, shows a black dancer wrapped in an African fabric tutu, dreadlocks tied in …

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Catalyst Partners ready to raise more funds: CEO

ALEXANDRIA (Reuters) – Yemeni currency hit a new low on Thursday after Iran-backed Houthi militia renewed its ban on Yemeni government-printed banknotes and banned people from moving money from controlled areas by the government to their territories, Yemeni officials and economists said. Local currency traders said the Yemeni riyal was …

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Egypt aims to double funding for green projects

DUBAI: An Abu Dhabi-funded solar power plant in Togo, West Africa, is now fully operational, the official WAM news agency reported. The Mohamed Bin Zayed solar photovoltaic complex, a 50 MW project funded by the Abu Dhabi Development Fund (ADFD), is expected to power around 158,000 homes and businesses in …

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Beirut is the third most expensive city in the world for expats

SINGAPORE: Chipmaker GlobalFoundries said on Tuesday it will spend $ 6 billion to expand the capacity of its factories in Singapore, Germany and the United States amid a chip shortage affecting automakers and electronics companies around the world whole.The US-based company, owned by Abu Dhabi State Fund Mubadala, said it …

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Hamas leader in Israel: transfer $ 30 million from Qatar or move towards escalation

Hamas plans to escalate tensions with Israel unless it allows Qatar to transfer $ 30 million to the Gaza Strip to help pay salaries, KAN News reported on Monday. The leader of the terror group in Gaza, Yahya Sinwar, met with UN Special Coordinator for the Middle East Peace Process …

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EU must show strength in driving reforms in Lebanon

EU must show strength in driving reforms in Lebanon European Union foreign policy chief Josep Borrell speaks at the presidential palace in Baabda, Lebanon on June 19, 2021 (Reuters) The EU’s High Representative for Foreign Affairs, Josep Borrell, was in Beirut this weekend. He carried a clear and firm message …

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Human rights groups urge EU to protect life on sea route from Libya

ANKARA: Turkey, home to the world’s largest refugee population, will celebrate United Nations World Refugee Day on June 20 with a focus on integration under the slogan “Together we heal, learn and shine” . The country is home to 4 million refugees, including around 3.7 million Syrians. Omar Kadkoy, migration …

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UK retail sales fell in May thanks to the easing of lockdown restrictions

SAN JUAN: After months locked in coronavirus-stricken Manila, Tanya Mariano fled the Philippine capital to work from the beach, joining a growing number of digital nomads helping a devastated tourism industry stay afloat.The ban on foreign holidaymakers from entering the archipelago country and domestic travel restrictions since the pandemic began …

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