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Wally app records 135% year-on-year growth in global users

RIYADH: Wally, the personal finance mobile app, announced on Tuesday that it has recorded a 135 percent year-on-year growth in global users. It also said it had increased a 30 percent compound

Kuwaiti National Industries to increase in its capital by 35%

RIYADH: The Board of Directors of Kuwait’s National Industries Co., also known as KPSC, approved a 35 percent increase in the company’s capital, from SR1 billion ($4 billion) to SR2 billion. Total of

Egypt ‘spent billions’ on lake restoration: Fisheries Authority head

RIYADH: The Egyptian government has spent billions in restoring polluted lakes, which has impacted fish farming in the north African country, a minister said. Salah Moselhi, head of the Fisheries

Egyptian e-payments firm Fawry scoops $700m in non-cash transactions

RIYADH: Fawry, the Egyptian e-payment gateway, generated around 11 billion Egyptian pounds ($700 million) in non-cash transactions during 2021 as moves away from cash pick up pace in the North

HRW: New sentence for rights campaigner spotlights Tehran’s assault

LONDON: Human Rights Watch has slammed Tehran for leveling a new charge against a human rights defender just a year after she was released from jail, arguing that it “demonstrates Iranian

Arab filmmakers join Berlin Film Festival’s international jury

DUBAI: Algerian-Brazilian film director Karim Ainouz, Tunisian-French producer Said Ben Said and Algerian-Tunisian screenwriter Anne Zohra Berrached will join the international jury of the Berlin

Schlumberger to roll out valves production line in Saudi Arabia as

US oilfield services company Schlumberger will open a valves production facility at King Salman Energy Park, also known as SPARK, on Jan. 31 through its subsidiary company, Cameron. The firm already

Choosing a career in computer applications

Computer Application is the most popular career option among students aspiring to enter the information technology(IT) sector. It is a professionally-oriented course where the focus remains on developing the knowledge of computer fundamentals and programming concepts while allowing the prospected students to master programming languages. A well-designed three-year BCA course is an undergraduate academic degree program that can be your gateway to succeed in the dynamic IT […]

Career and job prospects of pursuing MBA in Canada

Canada has a growing job market for MBA professionals and is popular among international candidates for offering world-class business education. The countries education system ensures that there is no dearth of opportunities to explore, which quite naturally has transformed Canada into a popular destination among study abroad applicants, especially because of its relatively cheaper academic fees and immigrant-friendly policies. The best part? It is easier for international […]

Best part-time diploma courses in Singapore: 2022 edition

Part-time courses are a great way of updating the necessary professional education and skills after you have graduated from secondary school or the completion of an undergraduate or graduate qualification. You can choose to enrol in part-time diploma courses in Singapore to hone skills or advance your existing experience to take up a specific career option that you have long desired. In this blog post we have […]

4 Sudanese ministers, a member of sovereign council arrested —

KHARTOUM: A military force stormed the house of Sudan’s Prime Minister Abdalla Hamdok’s media adviser and arrested him early on Monday, family sources told Reuters. Unidentified Sudanese military

US experts to help SGI achieve Kingdom’s sustainable goals

JEDDAH: The US Green Building Council plans to support the Saudi Green Initiative in terms of its goals in reduction of carbon emission, global warming, and carbon footprint, and achieving carbon

Saudi startup joins in national efforts promote green building

LONDON: As global leaders converge at the Middle East Green Initiative Summit on Oct. 25, the focus will be on new ideas and proposals to replace the wasteful and polluting ways in favor of

CUHK Business School Research Looks at How Earthquake Experiences Affected People’s Spending Habits in China

HONG KONG SAR – Media OutReach – 19 August 2021 – China has seen some of the most destructive earthquakes in history. For example, the devastating 2008 Earthquake in Sichuan province killed over 69,000 people, left up to 11 million people homeless and caused up to US$20 billion in property damage. The country sits atop seismically active areas, and it had 118 earthquakes in the past year. This setting provided the […]

DP World to acquire South Africa’s Imperial Logistics for $890m

RIYADH: DP World has offered to acquire Johannesburg-listed Imperial Logistics in a deal worth $890 million that would bolster the Dubai port operator’s footprint in Africa. The proposed acquisition

Arab influencers, designers make their mark on Cannes red carpet

DUBAI: The Cannes Film Festival has recently become one of the world’s hottest topics. The prestigious event on Tuesday rolled out the red carpet for the first time in more than two years. The

Tamer Al-Ahmar: The Jordanian artist paying homage to Arab divas

PARIS: The popular Amman-based digital artist Tamer Al-Ahmar’s work pays tribute to the great divas of Arabic music, including Asmahan, Sabah, Fairuz, Umm Kulthum, and Warda. Al-Ahmar is the

Saudi Arabia’s Social Development Bank lent $427m in H1 2021

RIYADH: Saudi Arabia’s Social Development Bank (SDB) provided financing of SR1.6 billion ($426.6 million) to 30,000 beneficiaries during the first half of this year.SDB provided financial and

Golf trailblazer Laura Davies hopes Aramco Team Series will inspire

RIYADH: English golf star Laura Davies is hoping the inaugural Aramco Team Series, kicking off in London this week, will be a catalyst for change across the Ladies European Tour. Some of the biggest

Saudi deputy defense minister discuses Yemen, Horn of Africa with US

RIYADH: Saudi Arabia’s Deputy Defense Minister Prince Khalid bin Salman met with the US National Security Council’s coordinator for the Middle East and North Africa Brett McGurk and US Envoy to Yemen

Qatar sovereign wealth fund stake in Credit Suisse to rise to 6

RIYADH: Qatar Investment Authority’s (QIA) stake in Credit Suisse will increase to 6 percent when two securities it subscribed to convert into shares later this year, Al Arabiya reported citing a

Egypt sovereign fund plans to raise $111.5m for education investment

RIYADH: The Sovereign Fund of Egypt seeks to raise about 1.75 billion Egyptian pounds ($111.5 million) to invest in providing high-quality education to the middle class through its new education

Lebanon’s Baalbeck International Festival returns with

DUBAI: Lebanon’s Baalbeck International Festival is set to return this weekend with an online event, for the second year in a row, due to the COVID-19 pandemic. The 2021 edition, #ShineOnLebanon,

Saudi Arabia tapping reserves to pay for rising imports, SAMA

DUBAI: The recent decline in Saudi Arabia’s foreign reserves, a measure of its ability to support its dollar-pegged currency, was partly due to a lag between import payments and export receipts, the

Emirates lays on extra Saudi flights on Sunday following suspension

RIYADH: Emirates added extra flights betwen Saudi Arabia and the UAE on Sunday after the Kingdom suspended air travel to its neighbor. It doubled flights to Riyadh and Jeddah and added a Dammam

Lebanon medicine importers warn foreign drugs running out

BEIRUT: Lebanon’s medicine importers Sunday said they had run out of hundreds of essential drugs and warned of further shortages if the cash-strapped central bank did not unblock funds. Lebanese are

Beirut blast judge to start questioning top politicians, news agency

BEIRUT: The judge in charge of the investigation into last year’s Beirut port blast will start calling in top politicians for questioning, including caretaker Prime Minister Hassan Diab, Lebanon’s

Foundation stone laid for $880m Chinese LED project in Saudi Arabia’s

RIYADH: Chairman of the Royal Commission for Jubail and Yanbu, Abdullah Al-Saadan, laid the foundation stone for a SR3.3 billion ($879.8 million) factory to produce LED lighting lamps in the in

Yemen welcomes Saudi Arabia’s statement on Riyadh Agreement

DUBAI: The Yemeni government welcomed Saudi Arabia’s latest statement on the Riyadh Agreement, Yemen’s foreign minister said on Friday The Saudi statement includes a clear message to respect the

Germany coach Joachim Löw’s 15-year tenure ends in regret

BERLIN: Joachim Löw’s 15-year tenure as coach of Germany’s national soccer team is over, and many think it should have ended a long time ago. The Germans at least advanced from the group stage this