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Region

After Irbil, no more appeasing aggressor states like Iran

Since Russia’s invasion of Ukraine, Tehran suddenly feels liberated to embark on its own escalations targeted at the US, Iran’s opponents in Iraq, and perhaps Israel. No fewer than 12 ballistic

March 14

Region

Young Saudi musicians put on soulful show at Hayy Jameel

JEDDAH: Some of the most talented young Saudi musicians showcased their work at Hayy Jameel on Tuesday as part of a project to promote emerging artists in the Kingdom. The musical experience was a

March 14

Region

Germany discussed energy cooperation with Qatar

BERLIN: The German government, working to reduce its dependence on Russian oil and gas, discussed energy supplies with Qatar this week, the federal chancellery’s state secretary said on Saturday. “We

March 12

Region

Turkey, Armenia vow to continue normalizing relations

Turkey and Armenia have pledged to pursue the normalization of ties in what the Turkish foreign minister Mevlut Cavusoglu described as a “productive and constructive” meeting on Saturday.After talks

March 12

Region

Amazon launches hiring program for female delivery associates in

RIYADH: Amazon on Saturday launched a program to create job opportunities for Saudi women in ecommerce logistics and delivery industries, said a press release. The company first launched the program

March 12

Region

Eddie Howe hoping floodgates will open for Chris Wood after first

SOUTHAMPTON: Newcastle United head coach Eddie Howe hopes Chris Wood’s recent first goal for the club will be the first of many for the big New Zealander. Wood had gone eight games without a goal

March 11

Region

Iran nuclear talks paused after Russian demands

VIENNA: The EU said Friday that the talks it is chairing on the revival of the 2015 Iran nuclear accord must be paused, days after fresh demands from Russia complicated negotiations.The EU’s foreign

March 11

Region

Saudi Arabia’s debut World Defense Show attended by 65,000 people

RIYADH: Around 65,000 people have attended Saudi Arabia’s first-ever international defense expo with SR29.7 billion ($7.916 million) in deals signed during the four days, organizers said. “Our main

March 11

Region

Saudi Arabia issue $7bn sukuk in March, Kingdom’s debt offices says

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.

March 09

Region

Urban warfare ‘nightmare’ looms if Russia enters Ukraine cities

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

March 09

Region

Ukraine warns of radiation leak risk after power cut at occupied

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

March 09

Region

Egypt’s El-Sisi arrives in Saudi Arabia on official visit

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

March 08

Region

Saudi and UAE tech startup AHOY raises $20m

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

March 08

Region

Fundraising platform raises $2m of Tether for Ukrainians: Crypto Moves

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

March 08

Region

Abu Dhabi wealth fund cuts jobs in effort to save $272m in costs

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

March 06

Region

Riyad Bank’s annual profit soars to $1.6bn on lower expenses

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.

March 06

Region

US hedge fund Citadel plans to start making markets in crypto soon:

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

March 06

Region

Saudi Arabia, Jordan eye trade relations over $1 billion with new

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

March 04

Region

Italy pledges to help Lebanon protect cultural heritage

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

March 04

Region

Russia-Ukraine conflict puts global economy recovery at high risk:

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

March 04

India Politics

Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War

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.

March 04

Region

Germany may rethink coal exit as Russia-Ukraine war peaks

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

March 02

Region

Stonehenge design inspired by Ancient Egypt, research suggests

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

March 02

Region

No new contracts with Russian producers, says aluminum company Norsk

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

March 02

Region

Inside the year’s hottest movie, ‘The Batman’

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

March 01

Region

Saudi Arabia supports de-escalation in Ukraine: Cabinet

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

March 01

Region

DIFC launches AI, coding license in cooperation with UAE AI office

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.

March 01

Region

Giorgio Armani and Saudi Rubaiyat establish a joint venture to sell

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,

February 28

Region

Large UAE banks to attain pre-pandemic level profitability in 12-18

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

February 28

Region

Al-Shabab FC keep slim Saudi Pro League title hopes alive with

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

February 28