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RIYADH: The National Shipping Co. of Saudi Arabia, better known as Bahri, saw its profit surge 134 percent to SR193 million ($51 million) during the first half of 2022, a bourse filing showed.

RIYADH: An exhibition about Prophet Muhammad’s migration from Makkah to Madinah opened at the King Abdulaziz Center for World Culture (Ithra) in Dhahran on Saturday, Saudi Press Agency reported. The

By James M Dorsey I2-U2, the Indo-West Asian quad, has boasted its first success with the acquisition by Indian billionaire Gautam Adani of Haifa Port. The acquisition was announced days after an I2-U2 virtual summit during US President Joe Biden’s visit last week to the Middle East. The acquisition by a close associate of Prime […]

The post The Privatisation Of Haifa Port With Adani: India-1, China -0 first appeared on IPA Newspack.

By Ashis Biswas In recent times, more Bangladeshi and Nepali migrant workers have died abroad than before. An increase in migrant mortality has been reported from countries as varied as the Middle East to Malaysia. Both the Nepal and Bangladesh governments are deeply perturbed by an ominous uptick in fatalities among their valued workers, whose […]

The post The Looming Crisis Of South Asian Migrant Worker Fatalities Abroad first appeared on IPA Newspack.

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RIYADH: On a macro level, Greece and Saudi Arabia have sealed a deal to lay an undersea data cable that will connect Europe with Asia. Zooming in, TotalEnergies has signed an agreement with Veolia to

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
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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.

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.

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.

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

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

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.

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 […]

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

RIYADH: Saudi Arabia leads the Gulf Cooperation Council region with $16.5 billion worth of projects awarded during the second quarter of 2022, according to the latest data released by asset

DUBAI: Saudi artist Sarah Brahim is making waves with her multidisciplinary collaborative work — ahead of her showing at the Lyon Biennale in September, the Riyadh-based choreographer, dancer and

Matein Khalid Brent’s rise to $103 is entirely rational on short covering, the Friday rally in risk assets and the absence of any firm commitment by Saudi Arabia, Kuwait and UAE, to boost output during President Biden’s state visit to the kingdom. Apparently, the Jerusalem Declaration and fist pump diplomacy have not been sufficient to reset relations between the Biden White House and MBS. This rally is […]

The Saudi national basketball team has been eliminated from the 2022 FIBA Asia Cup after losing 74-64 to Jordan in Jakarta on Saturday. The Falcons needed to win their last Group A match and hope

By James M Dorsey US and European acquiescence in Turkey’s long-standing refusal to honour Kurdish ethnic, cultural, and political rights came home to roost when Turkey initially objected to Finnish and Swedish membership in the North Atlantic Treaty Organisation (NATO). Ultimately, Turkey postponed potential conflict in NATO by dropping its initial objection to Finland and […]

The post Spotlight on U.S. Double Standards In Dealing With Turkey And Middle East first appeared on IPA Newspack.

TAG Heuer Porsche Formula E Team utilizes real-time data collaboration powered by NetApp hybrid cloud solutions to achieve superior performance SINGAPORE – Media OutReach – 14 July 2022 – NetApp® (NASDAQ: NTAP), a global cloud-led, data-centric software company, and TAG Heuer Porsche Formula E1 Team, today announced a multi-year partnership. NetApp will provide the sportscar maker with innovative hybrid cloud solutions that will help them continue to […]

US President Joe Biden on Saturday welcomed Iraqi Prime Minister Mustafa Al-Kadhimi’s initiative to host talks between Saudi Arabia and Iran in Baghdad. His statement came during a press conference

Saudi Arabia’s sovereign wealth fund will become the second-largest shareholder of Aston Martin with a nearly 17 percent stake in a capital raise aimed at paying off debt and shoring up its business,

Arabian Post Staff Expo 2020 has had a positive impact on all markets in the UAE, while the FIFA World Cup Qatar 2022 is expected to result in overspill demand to the key transit hubs in Dubai and Abu Dhabi, Colliers said in its monthly hotel report for MENA. However, rising instability in key CIS source markets is expected to suppress demand, with the largest impacts expected […]

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