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May 29, 2023
KYIV: Kyiv’s parliament on Monday approved a sanctions package against Russia’s ally Iran, accused of sending weapons to Moscow during its more than year-long invasion of Ukraine. The package was approved by parliament one day after Ukraine said Russia used Iranian Shahed drones in the largest UAV attack on the capital since the beginning of the invasion. “The resolution
May 29, 2023
RIYADH: Saudi Arabia’s Tadawul All Share Index lost 2.38 points or 0.02 percent to close at 11,135.67 on Monday. While the parallel market Nomu shed 45 points to close at 21,007.84, the MSCI Tadawul Index edged down by 0.58 percent at 1,483.55. The total trading turnover of the benchmark index was SR4.76 billion ($1.27 billion) as 111 listed stocks advanced, while 95
May 29, 2023
Capital expenditure will take the capacity of King Abdulaziz International airport to 114 million passengers a year
May 29, 2023
Saudi-based Naqi Water Company has announced that it has
May 29, 2023
BEIRUT: Lebanon has not been included in the gray list of the Financial Action Task Force for non-cooperative countries in combating money laundering and terrorism financing, a top official confirmed on Monday. The country has, however, been subjected to an assessment of its commitment to international standards for a period of 16 months, said Abdul Hafiz Mansour,
May 29, 2023
RIYADH: The UAE’s vision of strengthening its capital markets has become one step closer to reality as Sharjah-based energy company Dana Gas plans to raise its foreign ownership limit to 100 percent. Listed on the Abu Dhabi market, the firm announced that it had obtained the approval of the regulatory authorities to raise the percentage of foreign ownership from 49 percent to
May 29, 2023
At a time of renewed regional dialogue and an apparent opening between Iran and its neighbors, one could be surprised by the appointment of Ali Akbar Ahmadian, a former commander of the Islamic Revolutionary Guard Corps and a member of the Expediency Council, as the new secretary of the Supreme National Security Council. Even if this position is under the supreme leader’s
May 29, 2023
LONDON: Nearly 13,000 Albanians who entered the UK without valid visas breached the terms of their immigration bail, it was reported on Monday. Home Office data shows that in the 15 months to this March, 12,842 Albanians released from immigration detention centers failed to report to bail officials at their scheduled time. They accounted for just over a quarter of the 44,957
May 29, 2023
MAKKAH: Saudi Minister of Culture Prince Badr bin Abdullah bin Farhan Al-Saud and Education Minister Yousef Al-Benyan recently presented awards to the winners of the Cultural Skills Competition for school students. The ceremony, that honored victors in the contest’s six categories, was held at King Abdulaziz University in Jeddah, on Sunday. The national competition, the first
May 29, 2023
RIYADH: Saudi students have been praised for their success as they completed courses at top universities in the US with the help of a Vision 2030 scholarship program. The deputy head of the Kingdom's Mission to the US, Prince Musab bin Mohammed bin Fahd, and the cultural attache in Washington, Dr. Fawzi Bukhari, watched the graduation of students studying under the Custodian