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LONDON: Morad Tahbaz, an environmental campaigner with UK and US citizenship held in Iran on espionage charges, has been temporarily released from jail and is currently at his family home in Tehran,

DUBAI: Who doesn’t love a selfie? Saudi Arabia-based Dutch artist Aljohara Jeje is one of 50 creative talents who has their self-portraits featured in an ongoing UK exhibition titled “SELFIES: Women

RIYADH: Arab National Bank has posted a 29 percent increase in profit to SR1.4 billion ($360 million) for the first half of 2022, a bourse filing revealed.

RIYADH: Saudi Kayan Petrochemical Co. has posted a 72 percent profit decline to SR360 million ($96 million) for the first half of 2022, according to a bourse filing.

CAIRO: In a speech at the Arab League in Cairo, Russia’s foreign minister praised member states’ “balanced, just and responsible position” on his country’s conflict with Ukraine. Sergey Lavrov also

RIYADH: Egypt-based B2B trade market platform Cartona has raised $12 million through a series A funding round led by global venture capital firm, Silicon Badia. The platform connects retailers and

RIYADH: Saudi-listed Yanbu National Petrochemical Co., known as Yansab, reported a 44-percent profit drop to SR571 million ($152 million) for the first half of 2022.
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US President Joe Biden promised major progress toward addressing climate change, including significant cuts in US emissions. More than a year into his presidency, his climate agenda has hit obstacles

By Nantoo Banerjee It is a matter of great concern that for the country’s millions of educated youth, degrees and certificates have become as useless as wastepapers as they fail to provide jobs and help brighten their future. Going by the official records, in the academic year of 2018 about 64.7 lakh students passed out […]

The post Rising Jobless Educated Youth Outpace India’s Economic Growth first appeared on IPA Newspack.

Nowadays, many young recent graduates decide to take a chance and try their luck in a foreign country to look for job offers. One of the favourite destinations is the Middle East, because the salary offered there is quite high. One of the places that hires the most foreigners is the United Arab Emirates. Therefore, if you think you might have the profile that the country’s famous […]

RIYADH: UAE-based hospitality platform Qstay has raised a $6.5 million seed funding round, in a mix of debt and equity. The company currently operates as a virtual hotel brand with 200 units as it

DUBAI: Commercial Bank International has announced the launch of its virtual location in the metaverse. It is the first-ever bank in the UAE to exist in the virtual world, according to a statement.

RIYADH: Saudi Arabia and Iraq are helping Europe’s oil refiners with more crude in an effort to help the continent reduce its reliance on Russia, Bloomberg reported. According to data compiled by

CAHORS, France: Protesters held up the Tour de France on Friday during its 19th stage run from the Pyrenees to Cahors. The race had been underway for around 30 minutes when a leading group of five

Saudi Arabia’s Zakat, Tax and Customs Authority (ZATCA) foiled an attempt to smuggle about 15 million Captagon tablets through the Jeddah Islamic Port, the Saudi Press Agency (SPA) reported Friday. A

By Saifur Rahman Zimbabwe President Emmerson Mnangagwa on Wednesday broke ground to launch the US$500 million (Dh1.83 billion) Zim Cyber City – a state-of-the-art mixed-use hi-tech park at the outskirts of Zimbabwe’s capital city Harare – that is being developed by UAE-based diversified industrial conglomerate Mulk International. Sprawled across 2.5 million square feet, Zim Cyber City is currently under construction in Mount Hampden, New Harare. Mount Hampden’s master plan includes […]

RIYADH: Saudi Arabian Military Industries’ CEO has hinted his firm and BAE Systems will soon make announcements aimed at boosting the “indigenous capability” of Saudi Arabia’s defense industry.

DUBAI: Iranian-American actress Yara Shahidi is set to star in a brand new advertising campaign for Rouge Dior Forever, alongside Israeli-American star Natalie Portman, according to a report in

SAN FRANCISCO: Snapchat’s owner plans to “substantially” slow recruitment after bleak results Thursday wiped 25 percent off the stock price of the tech firm, which is facing difficulties on several

The World Cup is about to start, and teams will obviously bring their best weapons and players to the World Cup. The goal is to make history in Qatar and for that, you need your country’s best players. With so many teams and so many stars playing in the World Cup, it’s a good idea to bet to make the tournament more fun, that’s why we enter […]

In 2010, the announcement was made that the World Cup would go to Qatar, making it the first Arab country to host the world’s biggest national team tournament. Criticism was rife, but the organisation promised to deliver the best World Cup ever, and so far the spending has been impressive. This winter the best teams will face each other to see who will lift the FIFA World […]

RIYADH: Saudi stocks continued to rebound, ending the week’s final session with a positive tone, as investors awaited strong earnings results. The main index, TASI, gained 1.04 percent reaching

MADRID: Europe’s spate of fierce wildfires abated somewhat Thursday amid cooler temperatures, with French firefighters starting to get the upper hand over two major blazes, Spain taming a fire that

RIYADH: On a macro level, China solar installations have jumped by 137 percent during the first half of 2022, compared to a year earlier. Zooming in, Dubai Electricity & Water Authority is planning
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