Author: Steven Sahiounie

Aftershocks struck the city of Hama in western Syria on Tuesday as the clean-up began after a 4.8 magnitude earthquake the night before. About 65 people were injured as they fled in panic after the quake, nearly 70 received hospital treatment for shock, and the tremors were felt across Jordan and Lebanon. “My son was sleeping, I don’t know how I grabbed him and got out of the house,” said Nasser Duyub, a state employee in Salamiya, 30 km east of Hama city. Jordan reported a 3.9 magnitude aftershock less than an hour after the initial quake, and Syria’s National…

Although Russia is currently occupied with the special military operation in Ukraine, it is still paying attention to what is going on in Palestine, Russian President Vladimir Putin said on Tuesday. “Dear Mr. President, dear friends, allow me, first of all, to cordially welcome you here in Moscow, we have not seen each other for two years, although we are in constant contact, and I am very happy to see you all – you and your delegation,” Putin said at a meeting with Palestinian President Mahmoud Abbas in Moscow. “Everyone knows that today, unfortunately, Russia has to defend its interests,…

Pay for the bosses of Britain’s top companies has increased to the highest level on record and now outpaces the compensation of the median full-time worker in the country by 120 times

Fitch Ratings downgraded Israel’s long-term credit rating on Tuesday, citing the impact of the war in Gaza. Moody’s and S&P Global also cut their credit ratings

RIYADH: Nasdaq Dubai has listed $500 million in sustainable trust certificates issued by Kuwait’s Warba Bank, marking a significant advancement in the region’s financial sector. 

RIYADH: Saudi telecom provider Zain KSA has appointed Saad Al-Sadhan as acting CEO following the passing of Sultan Al-Deghaither, who held the role for more than six years.

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China

Dubai’s inflation rate eased to 3.32 percent in July, down from 3.85 percent in June, marking the lowest level since the beginning of the year

MSCI Inc., a leading provider of research-based indexes and analytics, has expanded its coverage by adding three Saudi companies to its global and small-cap indexes.

audi Arabia’s point-of-sales spending reached around SR52.76 billion ($14.05 billion) in June, registering a 1.75 percent rise compared to the same month last year