RIYADH: The Arab coalition said it had intercepted a Houthi drone targeting Saudi Arabia’s Jazan region, Al Arabiya TV reported Thursday. The coalition, which is fighting to restore the legitimacy of the internationally recognized government in Yemen, said it will take all measures to protect civilians in accordance with international law. This is the first cross-border attack
Only nine months into operations, Retailo has successfully closed a $6.7 million seed investment round, the largest seed capital raised by a Saudi startup. This brings the total investments raised by Retailo, the fastest growing B2B services platform in MENAP (Middle East, North Africa, Afghanistan and Pakistan), to $9 million. Retailo’s pre-seed funding of $2.3 million in
TEL AVIV: Germany’s Foreign Minister Heiko Maas expressed his solidarity with Israel as he visited Thursday, and called for a cease-fire between Israel and the Gaza Strip’s Islamist group Hamas. “I came here to express my solidarity. Israel has the right to defend itself against this massive and unacceptable attack,” he said in Tel Aviv of rockets fired by Palestinian armed
BEIJING: Saudi Arabia, the world’s biggest oil exporter, beat Russia to keep its ranking as China’s top crude supplier in 2020, Chinese government data showed on Wednesday. Oil demand in China, the world’s top oil importer, remained strong last year even as the coronavirus crisis hammered global appetite. Chinese imports rose 7.3 percent to a record of 542.4 million tons or