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Japan grants Syria $14.3m but has no plans to reopen embassy

TOKYO: Japan’s Foreign Minister Yoshimasa Hayashi said on Tuesday at a press conference that Tokyo would provide $14.3 million (JPY1.9 billion) in aid to Syria. “In light of the damage and continuing humanitarian crisis as a result of the recent earthquake in Syria in February, we will extend aid to Syria to support those who continue to suffer from its effects in the areas of
Yoshimasa Hayashi Arab League Foreign Minister Yoshimasa Hayashi Arab News Japan Great Lakes Democratic Republic

NBA playoffs confirm legitimacy of 2020 'bubble' championship

The NBA Playoffs are heating up, and the Western and Eastern Conference finalists have been decided. In the west, the Los Angeles Lakers are set to clash with the Denver Nuggets, while in the east, the Boston Celtics will take on the Miami Heat. These matchups might feel familiar because they mirror the brackets from the 2020 COVID-19 bubble. However, amidst lingering
United States Anthony Davis Nikola Jokic Dwight Howard Lebron James King James

5 men sentenced to prison for $109m jewelry heist from German museum

BERLIN: A German court on Tuesday convicted five men over the theft of 18th-century jewels worth more than $108.76 million (€100 million) from a Dresden museum in 2019. They were sentenced to prison sentences of between four years and four months and six years and three months, German news agency dpa reported. One defendant was acquitted. The Dresden state court ruled that the
Green Vault Museum On Nov Green Vault Museum Green Vault Al Ahsa Al Kharj Khalij Times

Saudi Arabia condemns storming of Jordanian embassy, Kuwaiti mission residence in Khartoum

RIYADH: The Saudi foreign ministry condemned on Tuesday the storming of the Jordanian embassy in Khartoum, and the storming and vandalizing of the Kuwaiti mission’s residence in the Sudanese capital. “The Kingdom of Saudi Arabia completely rejects all forms of violence and vandalism against diplomatic missions and representations,” the statement said.
Al Khartum Saudi Arabia Ar Riya Kingdom Of Saudi Arabia Kuwaiti Ministry Of Foreign Affairs Kuwaiti Ministry

LeBron, Lakers ready to tackle 'monster' Jokic

LOS ANGELES: LeBron James and the Los Angeles Lakers will attempt to overcome the formidable challenge posed by Nikola Jokic and the Denver Nuggets as the Western Conference playoff finals get under way on Tuesday. After struggling through the regular season, the Lakers are within four wins of returning to the NBA Finals after ousting the defending champion Golden State
United States Jamal Murray Darvin Ham Anthony Davis Lebron James Nikola Jokic

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Ukraine supreme court chief detained in $2.7m graft probe: prosecutor

KYIV: Anti-corruption authorities in Ukraine said on Tuesday they had detained the head of the country’s Supreme Court in an investigation they cast as an important step in Kyiv’s fight against high-level graft. Kyiv has redoubled efforts to clamp down on corruption despite Russia’s invasion, and doing so is vital to meet the conditions for joining the European Union.
Oleksandr Klymenko European Union Al Ahsa Al Kharj Khalij Times Gulf News

Oil Updates — Crude steady; IEA says oil price downturn ignores looming supply crunch

RIYADH: Oil futures were steady on Tuesday after mostly weaker-than-expected data from China muddied the outlook for demand from the world’s top crude importer while US plans to refill its Strategic Petroleum Reserve underpinned prices. Brent crude futures rose $0.06, or 0.08 percent, to $75.29 a barrel at 12:30 p.m. Saudi time, while US West Texas Intermediate crude was at
United States Ar Riya Saudi Arabia France General Subrahmanyam Jaishankar Josep Borrell

IMF chief praises Jordan's economy, calling it a 'success story'

AMMAN: The head of the International Monetary Fund (IMF) mission in Jordan, Ron Van Roden described Jordan’s economy as a “success story” after the country maintained its financial and monetary stability despite battling global economic challenges state news agency PETRA reported.
Evan Roden Ron Van Roden Bishr Khasawneh Fund Facility International Monetary Fund Jordan Bishr Khasawneh

Saudi holdings of US Treasuries rise by $4.5bn in March

RIYADH: Saudi Arabia’s holding of US Treasuries increased by $4.5 billion month-on-month in March to reach $116.2 billion, according to the latest data released by Washington’s Treasury Department. On an annual basis, the Kingdom’s holdings of the bonds climbed by 1.2 percent and reached $115.5 billion. This included long-term bonds totaling $103.2 billion, accounting for 89
United States Saudi Arabia Ar Riya Saudi Central Bank International Monetary Fund Washington Treasury Department

Natural Gas Distribution Co. partners with TAQA Arabia to set shop in the Kingdom

RIYADH: Saudi Arabia’s Natural Gas Distribution Co. has entered into a partnership agreement with TAQA Arabia, Egypt’s largest private sector natural gas distributor, to explore ways to develop and operate gas transportation services. Both companies signed a memorandum of understanding to set up a limited liability firm in the Kingdom, according to a bourse filing. In an
Saudi Arabia Suez Canal As Suways Ar Riya Ain Sokhna Saudi Stock Exchange

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