Page 175 - Tabuk News Today

RIYADH: The Middle East and North Africa region is confronting the largest infrastructure funding gap in the Organisation of Islamic Cooperation, estimated to be about $993.9 billion between 2016 and 2040, according to the ICD-Refinitiv OIC Infrastructure Outlook 2023 report. The infrastructure funding gap is the difference between the funds required to develop and maintain

The No Labels group is gaining attention in the US as it takes steps to potentially mount a third-party presidential campaign. The group is considering a “unity ticket” that includes a Democratic and a Republican candidate for president and vice president, though it is not yet clear who the candidates would be. However, the No Labels movement faces blistering criticism from

LAHORE, Pakistan: Pakistani former prime minister Imran Khan was on Tuesday granted bail on a new charge of abetting violence against the military by his protesting supporters after he was arrested and detained on May 9 in a corruption case, his lawyer said. The embattled Khan, who says the corruption charges have been concocted, is embroiled in a confrontation with the

RIYADH: The construction sector, valued at over SR255 billion ($68 billion) accounts for 6 percent of the gross domestic product of the Kingdom, according to the chairman of Saudi Contractors Authority. Speaking at the Builders of Egypt Forum in Cairo on Sunday, Zakria Al-Abdulqadir said the construction sector is the second-largest non-oil sector in Saudi Arabia. The official

RIYADH: Saudi Arabia’s Vision 2030 blueprint will have a profound impact beyond the Kingdom as it improves connectivity between continents and enhances international trade, said a top official. Speaking at an event organized at the King Abdullah Petroleum Studies and Research Center on Tuesday, Suliman Al-Mazroua, CEO of the National Industrial Development and Logistics

RIYADH: Saudi border guards in the Jazan region have foiled attempts to smuggle 200kg of the narcotic khat. The seizure was handed over to the competent authority for preliminary legal procedures, the Saudi Press Agency reported on Tuesday. Authorities have urged people to report any activities related to drug smuggling or promotion by calling 911 in the Makkah, Riyadh and

RIYADH: Striving to create a robust community of investment professionals, the Saudi Central Bank, also known as SAMA, has opened registration for the third Investment Immersion Program. The program embodies a blend of lectures and hands-on training in multiple investment fields, intent on fostering employment and cultivating local investment expertise. It has been designed in

RIYADH: The UAE’s banking sector recorded a 35 percent growth in net profits to 18.3 billion dirhams ($4.98 billion) during the first quarter of 2023, reported global professional services firm Alvarez & Marsal. This boost in profitability resulted from improved cost efficiencies, lower impairment charges, and increased non-core income. “This has been a very strong quarter for

Racing in Saudi Arabia resumes on Thursday, June 1 with a significantly expanded program at King Khalid Racecourse in Taif. The 2023 campaign gets underway two weeks earlier than in 2022, meaning the total number of meetings has increased to 54, with the season culminating on Saturday, Oct. 7. There will be a record number of races in 2023, with 187 contests for local and

MILAN: Italian police arrested 40 people on Tuesday in a new crackdown targeting the ‘Ndrangheta mafia, with suspects accused of drugs trafficking with counterparts in Latin America using shadow networks of Chinese money brokers. “Today’s raid is a crucial operation that showed how the ‘Ndrangheta is an octopus that a everywhere with interconnections all over the world,”