Author: Steven Sahiounie

RIYADH: Space exploration has transitioned from being solely government-driven to becoming an essential element of our everyday lives, significantly enhancing our quality of life. Saudi Arabia is charting a course toward the stars, propelled by an audacious vision that extends far beyond terrestrial boundaries. Vision 2030 envisions the Kingdom as a formidable player in the global arena of space exploration and technology. In an interview with Arab News, Amar Vora, head of space at Serco Middle East, noted that the genesis of Saudi Arabia’s cosmic aspirations can be traced back to 1985, with the historic journey of Saudi Prince Sultan bin…

RIYADH: Project managers and experts are scheduled to gather in Riyadh for the third Global Project Management Forum to share their experiences and discuss best global practices in the sector.

PARIS – Developed countries provided and mobilised US$115.9 billion in climate finance for developing countries in 2022, exceeding the annual 100 billion goal for the first time and reaching a level that had not been expected before 2025.

NEW YORK – The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed U.S. inflation rose in line with expectations in April, offering little clarity on how soon the U.S. Federal Reserve will be able to cut interest rates.

Most Latin American currencies rose on Friday as the dollar weakened after a U.S. inflation reading supported expectations of interest rate cuts from the Federal Reserve, while Mexico’s peso edged higher in the lead-up to presidential elections.

The Palestinian leadership has once again emphasized the urgent need for a complete and permanent cessation of the Israeli aggression against the Gaza Strip and all of the Palestinian territory, including East Jerusalem, the capital of the State of Palestine. “This includes an immediate halt to attacks by Israeli occupation forces and settler violence against Palestinians and their sacred sites in the West Bank and Jerusalem,” said the leadership in a press statement. The Palestinian leadership stressed the necessity for the withdrawal of Israeli occupation forces from Gaza, calling for opening and handover of all border crossings of Gaza to…

Kuwait’s Emir Sheikh Meshal Al-Ahmad Al-Sabah issued a decree on Saturday appointing Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah as crown prince, the state news agency KUNA said.The Emiri order was issued after reviewing the constitution, taking into account Law No. 4 of 1964 regarding the inheritance of the emirate, the Emiri order issued on May 15, 2024 appointing the prime minister, the Emiri order issued on May 10, 2024, and Decree No. 73 issued on May 12, 2024 forming the ministry.“We ordered the following: Article (1): Sheikh Sabah Khaled Al-Hamad Al-Mubarak Al-Sabah shall be approved as Crown Prince,” KUNA said,…

Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as “an unauthorized leak” from its digital wallet. “We are still investigating details of the damages,” it said in a statement after detecting the “unauthorized leak” at around 13:26 (0426 GMT) Friday. “We have already taken measures to prevent the unauthorized leak, but we have also implemented restrictions on the use of some services to ensure additional safety,” the exchange said. DMM Bitcoin did not give details on the “leak” but global cryptocurrency analysis firm Chainalysis said it was one of the…

The bloc could target imports of food, nuclear energy, and medicines that have thus far not been in the crosshairs

New restrictions could be applied to financial institutions that use the Bank of Russia’s financial messaging system