RIYADH: The Saudi Central Bank (SAMA) said it has completed studying license applications for two new digital banks and will recommend them to higher authorities for approval, SPA reported. Once they achieve the necessary consent, SAMA will complete supervision of the banks and their operating arrangements before they start their business in the Kingdom. SAMA did not name the
LONDON: A request for immunity in exchange for cooperation by the brother of the man who committed a deadly bombing in Manchester has been denied. Ismail Abedi, 27, is the brother of Salman Abedi, who killed himself and 22 others many of them children when he detonated a suicide bomb inside a packed concert venue exit following an Ariana Grande show in 2017. Ismail Abedi
RIYADH: BeIN Media Group has retained the exclusive rights to stream the UEFA Champions League soccer tournament across the Middle East and North Africa in a cut-price deal, Bloomberg reported citing a person familiar with the matter. Qatar-based BeIN paid $600 million to renew a contract that will allow it to show live games across the MENA region for the next three years –
Cambodia's government said on Thursday (June 10) it had no immediate plan for maintaining oil production in the country, after its partner KrisEnergy announced it was headed to liquidation, just five months after extracting the country's first drop of oil.