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June 13, 2023
RIYADH: Kuwait’s crown prince re-appointed Sheikh Ahmad Nawaf Al-Sabah as prime minister and asked him to name a new Cabinet, Kuwait News Agency reported on Tuesday. The prime minister’s previous government resigned following parliamentary elections earlier this month.
June 13, 2023
RIYADH: Al-Hilal, one of Saudi Arabia’s top football clubs, signed a partnership on Tuesday with Sanabil Investments, a company wholly owned by the Public Investment Fund. As a result of the deal, Sanabil Investments’ logo will be on the sleeve of Al-Hilal first team’s football shirts for the next three seasons of the Saudi Pro League, a media statement said. Abdullah
June 13, 2023
Apollo Tactical Income Fund Inc. (NYSE:AIF – Get Rating) announced a monthly dividend on Tuesday, June 13th, Wall Street Journal reports. Shareholders of record on Friday, June 23rd will be given a dividend of 0.122 per share on Friday, June 30th. This represents a $1.46 annualized dividend and a yield of 11.74%. The ex-dividend date […]
June 13, 2023
By Maya Gebeily BEIRUT (Reuters) - The Iran-backed Hezbollah and its closest allies are set to torpedo an attempt by rivals to elect a senior IMF official as Lebanese president this week, in a tussle that underlines its decisive sway and the dim prospects for reviving the crumbling state. The standoff has laid bare Lebanon's deep splits, with the heavily armed Hezbollah deploying its political
June 12, 2023
STOCKHOLM: A Swedish appeals court on Monday said police had no legal grounds to block two gatherings where protesters had planned to burn the Qur'an earlier this year. The burning of Islam’s holy book outside Turkiye’s embassy in Stockholm in January sparked anger in the Muslim world, leading to weeks of protests, calls for a boycott of Swedish goods and further stalled
June 12, 2023
Consumers in Saudi Arabia are showing a growing interest
June 12, 2023
GLASGOW: Scotland’s former leader Nicola Sturgeon insisted on Sunday that she had done nothing wrong after police arrested her as part of an investigation into the finances of the country’s ruling party. Detectives quizzed the former leader for around seven hours as part of the “Operation Branchform” investigation into the finances of the Scottish National Party (SNP),
June 12, 2023
NEW YORK: Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with The Wall Street Journal published online Sunday. Soros’ business holdings include his nonprofit Open Society Foundations, which is active in more than 120 countries around the world and funnels
June 12, 2023
RIYADH: China is likely to benefit from the Middle East’s sovereign funds, as their investment capital is forecast to reach $10 trillion by 2030, according to the CEO of the Hong Kong Stock Exchanges and Clearing Ltd. Speaking on the second day of the 10th Arab-China Business Conference, Nicolas Aguzin, predicted regional sovereign funds’ resources to swell by 150 percent, up
June 12, 2023
Consumers in Saudi Arabia are showing a growing interest in local tourism and expressions of pride in Saudi culture and heritage, according to new Google-commissioned research into consumer behaviour in the kingdom.