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Author: Steven Sahiounie
RIYADH: UK investors have been encouraged to enter the Saudi sports sector, with an official telling a London event its market value is set to hit SR84 billion ($22.38 billion) by 2030.
RIYADH: Sukuk issuance across the Middle East and North Africa surged 48 percent to $6.2 billion in the first half of 2024, driven by green and social projects, a new analysis showed.
RIYADH: Saudi Arabia’s accumulated savings, rich natural resource base, and state capabilities put it in a good position to pursue sustained economic development, according to the finance minister.
RIYADH: A robust oil and gas sector, high interest margins, and fintech innovation will help drive banking sector growth across the Gulf Cooperation Council region in 2024 and beyond, according to a new report.
The European Council has adopted its 14th round of economic and individual sanctions against Russia over the Ukraine conflict
The bloc could probe the platform for spreading “disinformation” to Russian-speaking users, EC transparency chief Vera Jourova has said
The proceeds from the frozen central bank assets will be used for military assistance to Kiev, according to the bloc’s foreign policy chief
Russian energy giant Gazprom has signed a strategic memorandum with Iran for pipeline gas supplies to the Islamic Republic
A Russian court has ordered Italy’s UniCredit bank to pay €448.2 million ($479.44 million) over an aborted joint venture between Russian energy major Gazprom and Germany’s Linde, according to a court document.
Supporters of Bolivian President Luis Arce gathered at Murillo Square in La Paz on Wednesday, celebrating the withdrawal of military forces involved in an attempted coup. The show of support came as President Arce, accompanied by Vice President David Choquehuanca, greeted the crowd from the balcony of the presidential palace, which had been targeted by the military earlier in the day. Bolivia TV reported that dozens of people assembled at the square, chanting pro-Arce slogans. “Long live democracy! We want to celebrate the bravery of the Bolivian people who have gathered at the square,” President Arce declared Videos shared on social…
