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SINGAPORE: Global liquefied natural gas (LNG) trade volumes rose to a record last year led by Asia, though growth was marginal as demand was slammed by coronavirus-induced restrictions, according to

ROME: Officials from the Italian Ministry of the Interior in charge of migration policies expect 30,000 migrants to arrive from Libya by the end of 2021, part of a total of 70,000 expected to reach

A US-based food technology platform has announced a new $100 million Saudi joint venture targeting 550 outlets by 2026, with the first set to launch in Riyadh early next year. Creating Culinary

RIYADH: Saudi L’Azurde shareholders will vote today on the board’s recommendation on increasing capital from SR430 million ($115 million) to SR575 million, through a rights issue. The decision to

RIYADH: Saudi Arabia recorded 16 new COVID-19 related deaths on Wednesday, raising the total number of fatalities to 7,393. The Ministry of Health confirmed 1,269 new confirmed cases reported in the

JERUSALEM: Prime Minister Benjamin Netanyahu’s rivals on Monday sought to finalize a unity coalition that would unseat the veteran Israeli leader, but political commentators saw a bitter fight ahead.

DUBAI: Saudi Arabia-based Kuwaiti pop singer Bader Al-Shuaibi is making waves with his latest hit, a Spotify-sponsored collaboration with K-Pop star AleXa called “Is It On.” The singer released the
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DUBAI: On July 4, just one day before Paris Couture Week begins, designer and newly-minted artistic director at Alaia Pieter Mulier will show his first official collection for the Paris-based label.

DUBAI: Whether hiking the mountain trails of Ras Al-Khaimah, rally driving in AlUla, sailing in the Arabian Gulf, or taking part in any adventure sport around the globe, the world could be about to

LONDON: A British militant who traveled to Syria to join a terrorist group linked to Al-Qaeda is set to be released from prison almost five years early. Yusuf Sarwar, 29, then a student in the city

A renewable energy unit of General Electric (GE) has completed a turnkey substation contract to power a saltwater desalination plant in Saudi Arabia that will supply drinking water to Makkah and

RIYADH: A total of 83 listed companies on the Saudi Stock Exchange (Tadawul) were trading above their three-month average when the bourse closed for the week on Thursday, according to data compiled

DUBAI: Jordan’s minister of interior warned against unauthorized gatherings and demonstrations which threaten the national cohesion, state news agency Petra reported. “[In] recent days we have

DUBAI: Egypt is planning to recalculate the compensation it earlier demanded from the owner of the Ever Given container ship that blocked the Suez canal in March, according to Bloomberg. The Suez

RIYADH: Salem Al-Dawsari, the Saudi Arabia and Al-Hilal winger, has sent a message of congratulations to former club Villarreal after the Spanish team on Wednesday claimed the Europa League trophy by beating Manchester United on penalties. Villarreal won the first trophy in their history after a 1-1 draw in normal and extra time produced a dramatic shootout which saw Manchester United goalkeeper David de Gea’s spot-kick miss hand the silverware to Unai Emery’s team. Al-Dawsari spent a loan period at Villarreal prior to the 2018 World Cup in Russia.

LONDON: Manchester City star Phil Foden has been engaging with supporters in the Middle East as he prepares for the team’s highly anticipated Champions League final against Premier League rivals Chelsea, which takes place in Portugal on Saturday. Foden, now considered one of England’s best talents, discussed topics including switching focus from the Premier League title success, the historical importance of Saturday’s game, and the difficulties which come with trying to win the Champions League.

TEXAS: Organizations in the Middle East and North Africa are among those to have made the most progress in gender distribution over the past five years, according to a survey by CEO community YPF.In the MENA region, 71 percent of companies have made progress in this area, second only to Latin America at 73 percent, and ahead of South Asia at 68 percent, YPF said in its first Global Chief Executive Gender Equality Survey of 2,079 CEOs from 106 countries.YPF’s sample included 23 percent female CEOs, which compares with a global figure of 5 percent, it said.The report showed that gender inequalit

MOSCOW: Belarus said on Monday that a false bomb threat that prompted a passenger plane to be diverted to Minsk where authorities arrested a journalist on board, was written in the name of the

BEIRUT: Lebanese political parties have reacted strongly to a Beirut demonstration on Sunday by the Syrian Social Nationalist Party (SSNP), with the speaker of the Lebanese parliament reiterating the

DUBAI: Cruise Saudi is set to double its team in the coming months as it prepares to attract more operators to the Kingdom. It comes as Saudi Arabia looks to develop a thriving cruise sector to showcase its top tourist attractions for the first time. It also follows the recent announcement that MSC Cruises will become the first operator to home port in Jeddah this year.

DUBAI: Danish trading and investment specialist Saxo Bank is launching a new cryptocurrency product, allowing clients from the Middle East and North Africa to trade crypto coins against some major currencies. The Crypto FX will allow investors to trade Bitcoin, Ethereum, and Litecoin against euros, dollars, and yen from a single margin account, the bank said in a statement. The bank’s clients can trade and hedge both long and short exposure in the three major crypto currencies, it said, and they will be in the form of derivatives and not physical coins.

RIYADH: The Saudi Research and Media Group (SRMG), the publisher of Arab News, said it appointed Abdulrahman Ibrahim Alrowaita as chairman and Majid Abdulrhman Alissa as vice-chairman. The company made the disclosure following its extraordinary general assembly meeting, in which board members were elected for a three-year term. Last week the media group reported a 41.4 percent increase in first quarter net profit.

DUBAI: Qatar First Bank (QFB) has acquired an office building in Ohio, its seventh US real estate purchase. The bank said it acquired the first phase of the CoverMyMeds campus headquarters in

CAIRO: A Lebanese environmentalist artist has used hundreds of plastic bottles to create a mosaic of the green-and-white Saudi flag in a gesture of solidarity with the people of Saudi Arabia and
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