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ABU DHABI: OPEC raised its forecasts for world oil demand in the medium- and longer-term in an annual outlook released on Monday and said $12.1 trillion of investment is needed to meet this demand

LONDON: Qatar has spent more money on gifts and trips for British MPs in the past year than any other country, indicating its lobbying efforts ahead of next month’s football World Cup, The Observer

RIYADH: Saudi Arabia has reported a budget surplus of SR149.6 billion ($40 billion) in the first nine months of 2022, according to data from the Ministry of Finance. The data showed revenues

TEHRAN: Mourners gathered Saturday in the southern Iranian city of Shiraz to bury the victims of a deadly assault on a shrine, while chanting slogans against nationwide “riots” over Mahsa Amini’s

DUBAI: Iranian-American journalist and activist Masih Alinejad denounced in a recent interview the credibility of investigations said to be carried by the Iranian president into the death of a young

MANILA: Philippines President Ferdinand Marcos Jr on Saturday ordered urgent aid distribution in a southern province where landslides have been triggered by Tropical Storm Nalgae, which has killed 72

MOGADISHU: A huge blast was heard in Somalia’s capital Mogadishu on Saturday, a Reuters journalist said, but it was unclear what had exploded and what caused it.
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ISLAMABAD: A 74-year-old from Pakistan who was the oldest prisoner at the Guantanamo Bay detention center was released and returned to Pakistan on Saturday, the foreign ministry in Islamabad said.

MILAN, Italy: Monza soccer player Pablo Mari faces around two months out of action after an operation on Friday on wounds sustained when he was stabbed along with five other people in a supermarket

SARAJEVO: European Commission President Ursula von der Leyen urged Bosnian leaders on Friday to work together to bring the country closer to membership of the European Union, after the bloc’s

DUBAI: The UN human rights office on Friday voiced concern at Iran’s treatment of detained protesters and said authorities were refusing to release some of the bodies of those killed, as

RIYADH: The Literature, Publishing & Translation Commission, representing the Ministry of Culture, signed a memorandum of understanding with the Arab League Educational, Cultural and Scientific

DUBAI: The UAE and Egypt have kick-started celebrations marking the 50th anniversary of bilateral ties between the two countries, Emirates News Agency reported. “The UAE, today, is celebrating, in

Riyadh: Saudi Arabian Airlines has agreed to buy 100 innovative electric vertical take-off and landing planes as it seeks to connect Jeddah with the Kingdom’s leading tourist destinations, according

RIYADH: Saudi Arabia’s travel industry will witness significant growth and is projected to reach $100 billion by 2032, as the Kingdom continues to boost tourism investments, an aviation expert said.

RIYADH: Saudi Arabian Oil Co. will launch a $1.5 billion sustainability fund to invest in stable and inclusive energy transition technology, announced its CEO Amin Nasser. Managed by the oil

RIYADH: As Saudi Arabia is working on a strategy to attract SR260 billion ($69 billion) worth of investment to the non-oil sector, there can’t be any distinction between foreign investments and local

RIYADH, KSA – Media OutReach – 26 October 2022 – The Capital Market Authority (CMA) of Saudi Arabia has granted initial licenses to Valuable Capital Financial Company (VCFC), a subsidiary of the top tier Hong Kong-based financial institution Valuable Capital Group Limited (VCGL). This makes VCFC the very first and only licensed corporation in the kingdom from Asia to conduct Dealing, Advising and Custody services. VCFC announced […]

ABU DHABI: “AlUla is an open living museum,” the executive director of Arts and Creative Industries at the Royal Commission for AlUla (RCU), Nora Al-Dabal, said at the Culture Summit Abu Dhabi on

BERLIN: Borussia Dortmund’s 17-year-old forward Youssoufa Moukoko has reportedly been included in Germany’s preliminary squad for the World Cup. Union Berlin midfielder Rani Khedira, Borussia

DUBAI: Dutch Moroccan Egyptian model Imaan Hammam is paying tribute to Egyptian icon Umm Kulthum by way of an eyewear collection with Moroccan label Port Tanger. The model created a pair of frames

RIYADH: Egypt’s Petroleum Products Automatic Pricing Committee has announced that the price of fuel in the local market will remain unchanged, for the period from October to December 2022. The move

RIYADH: Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman visited India on Saturday, and met top Indian officials as the Kingdom strengthens its energy ties with the second-largest Asian

VIENNA: Formula One world champion Max Verstappen led the tributes on Sunday to Red Bull founder Dietrich Mateschitz, who turned the energy drink into a worldwide success and pumped money into a
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