RIYADH: Faisal bin Fadel Al-Ibrahim has been appointed minister of economy and planning, SPA reported.
Al-Ibrahim has been deputy minister of economy and planning since February 2018 and was also the supervisor of the secretariat of the Council of Economic Affairs Development, and the project manager of King Salman International Complex for Marine Services and Industries in Ras Al-Khair for Commercial and Financial Affairs, Al Arabiya reported.
The minister also held several key roles at Saudi Aramco during his tenure there, including vice president of Aramco Development.
He is also the secretary of the board of directors of the National Development Fund, in addition to his membership of a number of councils and committees.
QASSIM: Municipalities throughout the Kingdom have stepped up efforts to ensure compliance with anti-coronavirus health measures in order to protect the public amid the pandemic.
During the third week of Ramadan, Qassim municipality carried out more than 16,000 inspection tours of premises, including health and food facilities.
Inspectors recorded 54 violations during the tours. Authorities will continue inspections around the clock through more than 400 observers and an additional team of volunteers.
Eastern Province authorities carried out 1,333 inspection tours in a single day across malls, commercial centers and stores to monitor adherence to safety precautions.
During the tours, 10 commercial facilities were closed, while 55 violators were issued penalties for ignoring health measures, which led to overcrowding and failure to use the Tawakkalna app.
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FILE PHOTO: Oil storage containers are seen, amid the coronavirus disease (COVID-19) pandemic, in Los Angeles, California, U.S., April 7, 2021. REUTERS/Lucy Nicholson
LONDON (Reuters) - Oil dropped towards $66 a barrel on Monday as concern about demand in India and higher OPEC+ supply offset optimism over a strong demand rebound in countries including the United States and China.
India on Monday reported more than 300,000 new coronavirus cases for a 12th straight day. The new wave of the virus has already led to a drop in fuel sales in the world’s third-largest consumer in April.
Brent crude fell 35 cents, or 0.5%, to $66.41 a barrel by 1000 GMT. U.S. West Texas Intermediate dropped 27 cents, or 0.4%, to $63.31.
Huawei’s upcoming next-generation TV the Huawei Vision S is expected to launch in Saudi Arabia soon
Updated 28 April 2021
April 28, 2021 18:44
RIYADH: Ramadan is a time for family gatherings and appreciating special moments when loved ones gather around iftar and sahoor meals. This year, however, it remains challenging for many to enjoy the holy month with their family and friends.
It is during these unprecedented times that we turn to technology to help us bridge the gap between us and our loved ones, and still celebrate Ramadan with those that matter the most to us whether through regular calls, video calls, messaging, or other modes of communication.
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WTI: Picks up bids toward $64 as mixed clues on supplies join mildly bid S&P 500 FuturesNEWS |
5/3/2021 12:02:43 AM GMT | By Anil Panchal
WTI consolidates Friday’s losses, recently refreshes intraday top.
Russia hikes oil output in April, US-Iran peace treaty dwindles.
North Korea vows response to Biden’s hostile policy, US Secretary of State Blinken criticize China.
American Treasury Secretary Yellen pushes for US President Biden’s stimulus amid off in Beijing, Japan.
WTI rises to $63.70, up 0.39% intraday, amid Monday’s Asian session. The risk-on mood, backed by hopes of further stimulus, join the consolidation of last Friday’s heavy losses to keep the buyers hopeful. Also contributing to the commodity’s run-up could be geopolitical headlines concerning North Korea, China and Iran. It should, however, be noted that Russia’s increase of oil supplies seems to test the commodity buyers but fails of late.