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Author: Steven Sahiounie
The UAE suffered the heaviest rains this month in 75 years, causing widespread flooding which trapped residents in traffic, offices and homes
RIYADH: Private sector investments in Saudi Arabia’s industrial field more than doubled in the first quarter of 2024, surpassing SR7 billion ($1.8 billion), according to official data.
RIYADH: Saudi developer ROSHN Group has launched its first integrated community, ALDANAH, in the economic hub of Greater Dammam, featuring over 2,500 homes spread across 1.7 million sq. m.
RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 128.72 points, or 1.03 percent, to close at 12,355.69.
RIYADH: Saudi Arabia has completed its riyal-denominated sukuk issuance for April at SR7.39 billion ($1.97 billion), representing a rise of 66.44 percent compared to the previous month.
RIYADH: Since the launch of Vision 2030, Saudi Arabia has witnessed a fundamental shift in its economy and the business environment is transforming with the creation of new sectors, said the Kingdom’s economy minister.
RIYADH: The Kingdom’s flagship airline Saudia has launched a beta version of its digital platform, the Travel Companion, powered by advanced artificial intelligence, aiming to transform the industry.
The Canadian government has allowed Airbus to use Russian-produced titanium in its manufacturing processes despite being the first Western state to sanction the strategic metal.
Türkiye slammed the US’ recent human rights report, calling for Washington to address its own human rights record and cease its alliances with terror organizations, said the country’s foreign ministry on Wednesday. “We reiterate our call for the United States to focus on its own human rights record as well as to cease its partnerships with terrorist organizations and its double-standard policy on human rights,” said the ministry in a statement. The ministry said that the report includes unfounded accusations, “erroneous information and prejudiced comments” regarding Türkiye, echoing similar patterns observed in previous years. Ankara reiterated its refusal to endorse…
The bill includes $61bn in aid to Ukraine and $26bn for Israel, as well as one billion dollars in humanitarian assistance to Gaza and eight billion dollars to counter China’s military might. The US president says the package “gives vital support to America’s partners so they can defend themselves from threats to their sovereignty”. Biden added the security of Israel is important and that this aid package will help it replenish its air defence. He added that the bill will significantly increase humanitarian aid to Palestinians in the besieged coastal enclave. “Israel must ensure aid gets to Palestinians in Gaza…
