Author: Steven Sahiounie

RIYADH: Bilateral trade relations between Saudi Arabia and Georgia received a boost with the signing of four agreements focusing on industry, energy, and culture during a business forum in Tbilisi.

RIYADH: Saudi Arabia’s insurance industry is projected to experience a compound annual growth rate of 5.2 percent until 2028, reaching SR83.7 billion ($22 billion), a study showed.  

RIYADH: Collaboration efforts between Saudi Arabia and Oman’s civil aviation sectors are on course to boom as the two countries discuss areas of cooperation. 

SAO PAULO: During his official visit to Cairo on Thursday, Brazilian President Lula da Silva witnessed the signing of two key agreements with the Egyptian government. President Abdel Fattah El-Sisi also attended the signing ceremony.

NEW DELHI: Oil prices stalled on Friday over a forecast of slowing demand by the International Energy Agency after gaining in the previous session on weak US retail sales data that sparked optimism that the Fed might cut interest rates sooner than expected.

RIYADH: The Arab world’s tourism industry is set to prosper thanks to a new agreement involving US-based advisory and consulting services provider International Strategic Management. 

LONDON: The fund arm of JPMorgan, the biggest US lender, said on Thursday it had decided to leave an investor coalition focused on pushing companies over their climate plans.

At least 11 Palestinians were reported killed last night as a result of the continuing Israeli airstrikes on various areas of the Gaza Strip, according to local and medical sources. In Rafah, south of the Strip, at least 11 civilians were killed and several others injured in an Israeli airstrike on a house in the Nassr neighborhood east of the city. Local sources confirmed that the Israeli occupation forces targeted two homes belonging to the Zaarab and Joudeh famililies, resulting in the killing of 11 Palestinians and multiple injuries. Earlier in the night, at least two people were killed and…

The West is seeking to create instability in the South Caucasus region and obstruct the Armenia-Azerbaijan settlement process, Russian Security Council Secretary Nikolay Patrushev said, addressing a security council secretaries’ meeting on Afghanistan in Bishkek, capital of Kyrgyzstan. “We can also see the Westerners’ desire to create instability in the South Caucasus and obstruct the Armenian-Azerbaijani settlement process, which has led to a rise in tensions in the related regions,” he pointed out. On February 12, Azerbaijan’s State Border Service said that an Azerbaijani border guard had suffered wounds in a shelling attack launched from Armenia. On the morning of…

United States President Joe Biden has reiterated his warning to Israel not to go ahead with its planned assault on Rafah without a credible plan to ensure the safety of more than a million Palestinians sheltering in the city, according to the White House. In a call with Israeli Prime Minister Benjamin Netanyahu on Thursday, Biden “reiterated his view that a military operation should not proceed without a credible and executable plan for ensuring the safety of and support for the civilians in Rafah,” the White House said. Biden’s call was the second time in less than a week that…