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RIYADH: Saudfi Arabia debt office issued a new Saudi-Riyal Sukuk under with a total value around SR26.2 billion ($7 billion), it said in.a stataement.

PARIS: The next step in Russia’s invasion of Ukraine could lead to urban warfare, an immense challenge for even numerically superior armies with deadly consequences for civilians caught up in the

LVIV, Ukraine:Radioactive substances could be released from Ukraine’s Chernobyl nuclear power plant because it cannot cool spent nuclear fuel after its power connection was severed, Ukraine’s

CAIRO: Egypt’s President Abdel Fattah El-Sisi arrived in Riyadh on Tuesday afternoon on an official visit. He will discuss bilateral relations, as well as regional and international issues of common

RIYADH: UAE and Saudi operating logistics startup AHOY has raised $20 million in financing from undisclosed investors. AHOY uses tech-driven infrastructure to optimize mobility for enterprises, and

RIYADH: Whitepay, a fundraising platform that seeks to assist Ukrainian civilians and the country’s military forces, said it had raised $2 million of the stablecoin Tether, known as USDT. Some of the

DUBAI: Abu Dhabi Investment Authority, or ADIA, one of the world’s largest sovereign wealth funds, has cut dozens of jobs over the past year as part of a one billion dirham ($272.29 million) cost
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RIYADH: Saudi Arabia’s Riyad Bank has seen its annual profit soar by 28 percent to SR6.03 billion ($1.6 billion) in 2021 on the back of lower expenses according to a filing.

RIYADH: Citadel, a US hedge fund and asset management company, plans to start making markets in crypto in the coming months, the Chief Executive Officer and founder, Ken Griffin, said, in an

A bilateral agreement which could be worth over $1 billion has been signed by business leaders from the Saudi Arabian city of Makkah and Jordan’s Amman. A memorandum of understanding was agreed

ROME: Italy has pledged to help Lebanon protect its cultural heritage by training local restorers. “Italy is organizing a series of initiatives in Lebanon to encourage exchanges between Lebanese and

RIYADH: The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the length and severity of the crisis, Moody’s

By Arun Kumar Shrivastav As the Russian invasion of Ukraine rages on and a catastrophe looks near than ever, Twitter is where the latest news, analysis, and perspectives can be found. These are coming from the powerful and the most cerebral people of our time. It’s fascinating and engrossing to read the tweets, for example, […]

The post Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War first appeared on IPA Newspack.

Germany is considering a slower exit from coal-powered energy if Russia stops gas deliveries to Europe, economy minister Robert Habeck told public radio Deutschlandfunk. The words from Habeck clearly

LONDON: The design of Stonehenge, the famous prehistoric stone monument in the UK, could have been inspired by Ancient Egyptian practices, new research has suggested. For decades, academics have

RIYADH: Norwegian aluminum and renewable energy company Norsk Hydro has announced that it will not sign any new contracts with Russian entities. In a statement, the company said the decision has been

DUBAI: There has never been a Batman film quite like “The Batman.” Something has always been missing. 1966’s “Batman” was too campy to take seriously. Tim Burton’s films relegated Batman to a

RIYADH: Saudi Arabia supports de-escalation efforts in Ukraine, a statement by the Saudi Cabinet said Tuesday.

DUBAI: The Dubai International Financial Centre has announced the launch of a ground-breaking artificial intelligence and coding license in cooperation with the UAE Artificial Intelligence Office.

RIYADH: Italian luxury fashion house Giorgio Armani and Saudi Arabian retailer Al Rubaiyat Company for Industry and Trade Holding Ltd are to establish a joint venture to sell the former’s products,

DUBAI: The profits of large UAE banks will reach pre-pandemic levels in the next 12-18 months, according to a report published by Moody’s Investors Service. The analysis argues the ongoing recovery

RIYADH: Al-Shabab FC got back to winning ways after overcoming hosts Al-Feiha 2-1 at Al-Majmaa Sports City Stadium on Sunday, in the conclusion of the 22nd round of the Saudi Pro League season. The

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LONDON: French President Emmanuel Macron said that his country remains committed to the continued enhancement of joint cooperation with Egypt in a number of fields, and to supporting Cairo’s efforts
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