Page 159 - Tabuk News Today

RIYADH: Lucid Group plans to raise $3 billion through a stock offering, 66 percent of which will come from Saudi Arabia’s Public Investment Fund. The California-based EV maker said Ayar Third Investment Co., which is its majority stockholder and an affiliate of the PIF, has agreed to buy as much as 265.7 million shares in a private placement for an estimated $1.8 billion, It

RIYADH: Saudi Arabia has accepted the amendments in the 2021 International Maritime Organization Convention. The amendments to receive the green light by the Kingdom were adopted at the 32nd session of the IMO assembly, and approved by the Council of Ministers. As a result, the number of member states of the IMO Council will increase from 40 to 52, and the term of council

OSLO: All NATO allies agree that Ukraine will become a member of the alliance, NATO secretary general Jens Stoltenberg said on Thursday. “All allies agree that Moscow does not have a veto against NATO enlargement,” Stoltenberg told reporters ahead of an informal meeting of NATO Foreign Affairs ministers. “We are moving, allies agree that Ukraine will become a member.”

This Eid Al-Adha, Al-Habtoor City Hotel Collection has announced an exclusive staycation offer across its trilogy of luxury hotels: Hilton Dubai Al-Habtoor City for a family friendly stay, Habtoor Palace Dubai, LXR Hotels and Resorts, for a Dubai-made palatial journey and V Hotel Dubai, Curio Collection by Hilton for fun and nightlife. Guests can now reserve at either of the

RIYADH: The Saudi Fund for Development on Wednesday signed a development loan agreement worth $45 million with the Prime Minister of Belize, John Briceno, for the construction of the Tertiary Hospital in the Belmopan Area Project. The agreement, which was signed by Ahmed Al-Khateeb, chairman of SFD’s board of directors, is part of the efforts undertaken by Saudi Arabia to

MADRID: Real Madrid’s Karim Benzema was reluctant to talk about his future on Thursday, fueling speculation he could move to Saudi Arabia in the close season following 14 trophy-laden years. After the 35-year-old striker was awarded the Marca Legend prize at a ceremony organized by the Spanish sports publication, the Frenchman was asked if he was staying at Real Madrid.

RIYADH: Saudi Arabia’s merchandise imports dropped 4.9 percent to SR186.4 billion ($49 billion) in the first quarter of 2023, compared to SR196 billion recorded in the previous quarter, the latest data from the Kingdom’s General Authority for Statistics showed. However, when compared with the SR157.9 billion worth of imports recorded in the first quarter of 2022, the Kingdom’s

OSLO: NATO on Thursday ramped up pressure on its member Turkiye to drop its objections to Sweden’s membership as the military organization seeks to deal with the issue by the time US President Joe Biden and his counterparts meet next month. Fearing that they might be targeted after Russia invaded Ukraine last year, Sweden and Finland abandoned their traditional positions of

TOKYO: Japanese influencer Akira Takatoriya, also known as Shams Qamar, or Sun Moon, has been appointed by the Saudi Tourism Authority to promote the industry in the Kingdom. “I got selected by the Japan office of the Saudi Arabian Government Tourism Office in Tokyo, as we established a tourism promotion group ‘Date Palm Society’ to provide information to encourage more

DUBAI: The Consul-General of the Philippines in Dubai and the Northern Emirates has praised the UAE’s community initiatives for Filipino expatriates in the country. Renato Duenas also lauded the UAE for its recent provision of a Migrant Workers’ Office. The office is part of the Philippine Consulate-General in Dubai and the Northern Emirates, and has a new waiting area for