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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

Iran says executing child offenders not a rights violation

Tehran: Iran’s use of the death penalty for crimes committed as minors does not mean it violates human rights, a senior Iranian official has insisted to AFP in response to UN criticism. The Islamic

Reem and Natalya Kanj launch ethical, celestial-inspired

DUBAI: Reem and Natalya Kanj may already juggle being social media personalities and entrepreneurs — they founded Dubai-based talent agency Ego & East — but the Lebanon-born sisters have decided to

Saudi Sports for All Federation partners with Arabian Centers Co. to

RIYADH: The Saudi Sports for All Federation (SFA) has signed a memorandum of understanding with the Arabian Centers Co. to turn their malls into walking destinations for visitors in their latest

Moroccan-Italian model Malika El-Maslouhi unveils jewelry

DUBAI: Malika El-Masloui’s collaboration with Ishkar is finally here. The Moroccan-Italian model teamed up with the London-based e-commerce company on a range of necklaces delicately handcrafted by

UAE artists, designers learning to break plastic habit

DUBAI: Creatives at a new UAE business center are playing their part in tackling climate change by encouraging the community to go green through a series of art and design projects. The initiative is

HSBC pledges $5bn in lending for UAE firms to go global

DUBAI: HSBC is committing $5 billion of lending to support strong companies in the UAE seeking capital to fund global expansion. Incentives will be offered to businesses that meet the required

China-backed insurer Sinosure opens first regional office in Dubai

DUBAI: State-backed China Export and Credit Insurance Corporation (Sinosure) has opened a regional office in Dubai. The office is located at the Dubai International Financial Centre, the first to be

Dubai-based Amato to open Arab Men’s Fashion Week with film starring

DUBAI: The second edition of Arab Men’s Fashion Week is kicking off tomorrow with a digital presentation from Dubai-based couture label Amato. The brand’s Filipino designer, Furne One, is set to

Iraqi border authority seizes dangerous chemicals in Basra

DUBAI: Iraq’s Border Ports Authority seized a hoard of dangerous chemicals in Umm Qasr port in Basra on Friday, state news agency INA reported. The authority said the chemicals were flammable. “With

PIF appoints former Samba CEO as head of compliance

RIYADH: Saudi Arabia’s Public Investment Fund (PIF) said it appointed Rania Nashar, former CEO of Samba Financial Group, as its head of compliance and governance, Al Arabiya reported. Nashar joined