DUBAI: Al Moammar Information Systems Co. (MIS) expects the development of its recently announced data fund to start within six months, vice chairman Ibrahim Al-Moammar told Argaam. MIS and Saudi Fransi Capital (SFC) are planning to study the possibility of offering the fund to the public at a later stage, if it is value-accretive to shareholders, after obtaining the necessary
The Saudi-led Arab coalition said Thursday it did not carry out any military operations in the Yemeni capital, Sanaa, after explosions were heard in the Houthi-held city, Saudi state TV Al-Ekhbariya reported. The coalition said that reports that it had targeted the First Division camp were untrue. The coalition said that it had halted airstrikes in order to make way for
KHARTOUM: Sudan Minister of Finance Jibril Ibrahim said the country will continue its policy of economic liberalization until recovery has been achieved, state news agency Suna reported. Sudan’s government said on Wednesday it will cancel subsidies on fuel and gasoline, as part of what it called a policy of economic reform, pushing fuel prices up by 90 percent and diesel
RIYADH: 5G telecommunications services reached three additional Saudi governorates during the first quarter of 2021, the Communications and Information Technology Commission (CITC) announced in its quarterly Meqyas report. Of the Kingdom’s 136 governorates, 53 had 5G services at the end of the quarter, amounting to 39 percent of the regions. STC and Zain had deployed 5G
Also, vibrant still-life oil paintings by Lê Phổ (Vietnamese/French, 1907-2001) and Claude Venard (French, 1913-1999) sold for $20,910 and $15,990, respectively, in the 424-lot sale.