Author: Steven Sahiounie

RIYADH: Saudi-based human resources firm Tharwah is planning to use the anticipated SR50 million ($13 million) raised from its Nomu listing to fund its expansion plans

CAIRO: Regional startup activity has seen many acquisitions and funding rounds in recent weeks, with climate technology, artificial intelligence, and Web3 garnering the most attention. 

RIYADH: Energy giant Saudi Aramco has completed the issuance of a $6 billion US dollar-denominated international bond, marking the state oil firm’s return to the debt market after a hiatus of three years.  

MUNICH: German aerospace company Lilium NV is making its debut in Saudi Arabia with a groundbreaking deal to supply up to 100 electric vertical take-off and landing jets to Saudia, the Kingdom’s first national carrier.

Deputy Prime Minister and Minister of Foreign Affairs and Expatriates , Ayman Safadi, on Thursday, met with his Egyptian counterpart, Badr Abdel Ati, and discussed efforts to halt Israeli aggression on Gaza, put an end to what is causing a humanitarian catastrophe and the threat it poses to regional security. In order to achieve an immediate and permanent ceasefire, secure immediate access for humanitarian aid to all areas of Gaza, open all crossings for the entry of immediate, sufficient, and unconditional aid to the Palestinian people throughout the Gaza Strip, and initiate a practical plan, Safadi and Abdel Ati reaffirmed…

PM Madbouly welcomed the US ambassador, affirming the strong strategic and historical relations between Egypt and the US and praising the constructive cooperation and active partnership over decades with successive American administrations, according to the Egyptian cabinet. Their meeting included discussions on several visions and proposals that would promote bilateral relations in areas of priority for both countries. Madbouly emphasized Egypt’s commitment to supporting these relations across various fields and removing all obstacles that hinder developing and expanding them to broader horizons. Moreover, he expressed his appreciation for the US support for Egypt in many stages of their distinguished relations. Madbouly noted the role of the United States Agency…

The Jordanian Ministry today condemned the Israeli Knesset’s approval of a draft resolution rejecting the establishment of a Palestinian state. The Ministry affirmed in a statement that this step constitutes a new and serious violation of international law and a further challenge to the international community. The Ministry’s official spokesman, Sufyan Al-Qudah, said that all decisions and steps issued by Israel, the occupying power, are invalid and must be repealed and do not change the reality and reality of its occupation of the Palestinian territories, and do not affect the continued application of the Fourth Geneva Convention of 1949 relating…

The Israeli Knesset voted to pass a resolution rejecting the establishment of a Palestinian state on Thursday ahead of Israeli Prime Minister Benjamin Netanyahu’s potential visit to Washington. Parties from Netanyahu’s coalition and right-wing parties from the opposition, including Benny Gantz’s State Camp party, co-sponsored the resolution. Meanwhile, Finance Minister Bezalel Smotrich said in the Knesset, “The Palestinian State cannot be established because there is no such thing as a Palestinian people.” Knesset members from Opposition leader Yair Lapid’s Yesh Atid party left the hall to avoid voting on the resolution, despite the party taking a strict position in favor…

US President Joe Biden has tested positive for the novel coronavirus, White House Press Secretary Karine Jean-Pierre said in a statement. “Earlier today following his first event in Las Vegas, President Biden tested positive for COVID-19. He is vaccinated and boosted and he is experiencing mild symptoms,” Jean-Pierre said. The spokeswoman added that Biden will be returning to Delaware where he will self-isolate and will continue to carry out all of his duties fully during that time. The president’s personal doctor informed that the US leader is experiencing runny nose, non-productive cough and general malaise. “He felt okay for his…

Saudi Arabia’s Crown Prince Mohammed bin Salman received a call on Wednesday from French President Emmanuel Macron, the Saudi Press Agency said. During the call they discussed the situation in Gaza and the Russia-Ukraine war, in addition to efforts aimed at achieving security and stability. The pair also reviewed bilateral relations and cooperation, as well as the latest regional and international developments. Source: Arab News