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UAE fintech Tabby raises $58m in series C funding round to expand

CAIRO: Dubai-based fintech startup Tabby raised $58 million in a series C funding round from international investors as they valued the buy now, pay later service provider at $660 million. The

Riyadh’s Anime Town showcases compelling Japanese pop culture

RIYADH: The Japan zone at Boulevard World here has the largest Anime Town of its kind in the world, offering 40 activities including adaptations of shows such as “Demon Slayer” and “Attack on Titan.”

2023 Saudi Cup will make Riyadh focus of racing world, says Prince

RIYADH: Prince Bandar bin Khalid Al-Faisal, chairman of the Equestrian Authority and the Jockey Club of Saudi Arabia, on Tuesday stated that Riyadh will become the focus of the international racing

Middle East to buck ‘most pessimistic’ trends

DAVOS: Middle East oil economies, and especially their booming sovereign wealth funds, are well placed to ride out a global fall in executive confidence, according to a senior partner of global

Global sukuk slump to slow down in 2023, but will not stop: S&P

RIYADH: Global sukuk issuances are expected to continue declining in 2023 to about $150 billion compared to $155.8 billion in 2022 and $170.4 billion in 2021, according to the latest report released

Egypt to sell discounted bread to fight inflation

CAIRO: Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy program as it battles accelerating inflation, the supply minister said on Monday. People will

Egypt to sell discounted bread to fight inflation

CAIRO: Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy program as it battles accelerating inflation, the supply minister said on Monday.People will

Daesh claims church bombing in east Congo; 14 dead

KASINDI, Congo: Daesh extremists claimed responsibility for a bombing of a church in eastern Congo as authorities said Monday that the toll from Sunday’s attack had risen to at least 14 dead.The

Egyptian actress Enjy Kiwan to star in Scott Weintrob’s ‘Paradox

DUBAI: Egyptian actress, model and presenter Enjy Kiwan announced this week that she has joined the cast of “Paradox Effect,” the action thriller directed by US Emmy-nominated director and producer

Tunisia’s opposition to protest against president’s rule

TUNIS: Opposition parties and others angry at Tunisia’s economic crisis and the president’s increasingly authoritarian drift are planning to march through the capital on Saturday to mark 12 years

Wipro enters food business

The Consumer Care division of Western India Vegetable Products Limited (Wipro), which has an annual turnover of US$1 billion, has entered food business by acquiring a famous Kerala-based packaged food and spices brand, Nirapara. “Wipro Consumer Care and Lighting, one of the fastest-growing FMCG companies in India, has announced a definitive agreement with Nirapara, a popular traditional food brand. This announcement comes after Wipro’s earlier statement of its foray […]

Lebanese protest arrest of Beirut blast victim’s brother

BEIRUT: Activists gathered in front of a police station in the Lebanese capital Saturday to protest the arrest of the brother of a victim of a deadly 2020 blast, witnesses said. William Noun — whose

China reports almost 60,000 COVID-related deaths

BEIJING: China on Saturday reported nearly 60,000 deaths in people who had COVID-19 since early December following complaints the government was failing to release data about the status of the

Israel’s outgoing army chief rebukes far-right government

JERUSALEM: Israel’s outgoing army chief on Friday warned against plans by Benjamin Netanyahu’s new coalition to grant more control to pro-settler lawmakers and make other changes to the Israeli

Morocco’s decision to reverse boycott a major boost for African

It was just last month that Morocco were the deserved toast of the World Cup after reaching the semifinals and pushing then reigning champions France all the way before bowing out. It was the best

Israeli president invites Turkiye’s Erdogan to visit, receives envoy

JERUSALEM: Israeli President Isaac Herzog on Wednesday invited his Turkish counterpart President Tayyip Erdogan to visit the country as he received Ankara’s new ambassador in another token of the

Venture capital investments in Saudi Arabia up 72% during 2022

RIYADH: Investments in Saudi startups grew by 72 percent to a record high of SR3.701 billion ($987 million) in 2022, according to a report. According to the “2022 Saudi Arabia Venture Capital

From Dubai to the World: Original Contemporary Ballet, A Thousand Tales, Takes Dubai by Storm

A Thousand Tales ballet, organised by SAMIT Event Group, made its world premiere at Dubai Opera on the 6th and 7th of January, where it was met with sold-out halls and raucous applause from an international audience that fell in love with its modern fairy tale charm. On the 6th and 7th of January 2023, the architectural marvel that is Dubai Opera played host to another kind […]

Ukraine and Russia agree on a prisoner swap

ANKARA: Russia and Ukraine have agreed on an exchange of 40 prisoners of war each, Russian Human Rights Commissioner Tatyana Moskalkova said on Wednesday after meeting her Ukrainian counterpart

Legendary MotoGP rider Valentino Rossi to compete at Hankook 24-hour

DUBAI: Seven-time MotoGP world champion Valentino Rossi is to make his 24H Series debut at this weekend’s Hankook 24H Dubai race as Dubai Autodrome prepares to host the 18th edition of the

Flight delays in US after FAA computer outage

NEW YORK: Flights are being delayed at multiple locations across the United States after a computer outage at the Federal Aviation Administration. At around 6:30 Eastern, there were 760 delays

US Navy says it seized Iran assault rifles bound for Yemen

DUBAI: The US Navy seized over 2,100 assault rifles from a ship in the Gulf of Oman it believes came from Iran and were bound for Yemen’s Iranian-backed Houthi rebels, a Navy spokesman said Tuesday.

Last 8 years warmest on record globally: EU climate monitor

PARIS: The last eight years were the warmest on record even with the cooling influence of a La Nina weather pattern since 2020, the European Union’s climate monitoring service said Tuesday. Average

Lebanese designer Salim Azzam celebrates homegrown culture, women

BEIRUT: Lebanese designer Salim Azzam, loved by Jordan’s Queen Rania Al-Abdullah, started his brand to revive the skills of the artisans in Mount Lebanon and give them international exposure.