Author: Steven Sahiounie

Saudi Arabia’s petrochemical sector has received a boost with the Ministry of Industry and Mineral Resources’ digital platform delivering over 100,000 tonnes of raw materials to local factories.

Kingdom’s future economic growth will be driven by rising FDI inflow and investments in public capital expenditure and private sector, says Standard Chartered

JEDDAH: Saudi Arabia’s housing sector has strengthened its international partnerships by signing five key agreements on real estate development and financing with major US companies.

Russia’s economy is growing while EU members are suffering, the Forbes-listed billionaire Alisher Usmanov has said

IBM’s move is set to affect over 1,000 employees from across the country, local news outlets have reported

The new regulation is part of a broader reform of labor laws aimed at improving people’s work-life balance

Iraqi Prime Minister Mohammed Shia’ Al Sudani invited Iranian President Masoud Pezeshkian to visit the Arab country. Iranian Foreign Minister Abbas Araqchi and his Iraqi counterpart Fuad Hussein held a telephone conversation on Thursday evening. Hussein honored the memory of late Iranian foreign minister Hossein Amirabdollahian, expressing hope that Iraq and Iran would continue to cooperate closely on various issues related to bilateral relations, as well as major regional and international developments. He also conveyed an invitation from the prime minister of Iraq to President Pezeshkian to visit the neighboring country. For his part, Araqchi emphasized the special attention that…

Iran’s foreign minister has described as “definitive” the country’s response to Israel’s assassination of senior Hamas political leader Ismail Haniyeh last month. In a phone call with his Italian counterpart Antonio Tajani on Sunday, Abbas Araghchi said the response is “definitive” but it “will be measured and well calculated.” The top Iranian diplomat added that, unlike Israel, Iran is not seeking escalation but at the same time “we do not fear escalation.” Earlier, Araghchi also had a telephone conversation with Saudi Foreign Minister Faisal bin Farhan Al Saud to discuss bilateral and regional issues. Both diplomats talked about the ongoing…

On Sunday, the Telegram team responded to CEO Pavel Durov’s arrest in France by rejecting any blame directed at the platform or its owners for potential misuse. They stated that “Telegram abides by EU laws, including the Digital Services Act — its moderation is within industry standards and constantly improving.” The statement also asserted that Durov has “nothing to hide and travels frequently in Europe,” calling it “absurd to claim that a platform or its owner are responsible for abuse of that platform.” The team also expressed their hope for a swift resolution to the matter. The billionaire co-founder and CEO of…

There was no agreement on Sunday in the Gaza ceasefire talks that took place in Cairo, with neither Hamas nor Israel agreeing to several compromises presented by mediators, two Egyptian security sources said, casting doubt on the chances of success in the latest US-backed effort to end the 10-month old war.A senior US official, however, described the talks as “constructive,” saying they were conducted in a spirit on all sides to reach “a final and implementable agreement.”“The process will continue over the coming days through working groups to further address remaining issues and details,” said the official, speaking on the…