IMF, World Bank steering committee stresses accountability as reforms advance

WASHINGTON DC: The steering committee for both International Monetary Fund and the World Bank on Saturday emphasized the need for broader accountability as the institutions implemented reforms to help countries grapple with climate change and other shocks. “We must hold ourselves accountable more broadly as we become a better and bigger bank,” said Mohammed bin … Read more

Liverpool out of Europa League as Leverkusen advance to semis

Kimmich header powers Bayern Munich past Arsenal and into Champions League final four MUNICH: Bayern Munich could yet crown a disappointing season with the Champions League title. Arsenal face the prospect of ending a promising season with no trophy. Joshua Kimmich’s header powered Bayern to a 1-0 win over Arsenal on Wednesday to reach the … Read more

Oil Updates – prices advance as investors reassess US inventories data

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 22.44 points, or 0.18 percent, to close at 12,607.98.  The total trading turnover of the benchmark index was SR7.35 billion ($1.96 billion) as 155 stocks advanced, while 62 retreated.   Similarly, the MSCI Tadawul Index increased by 1.57 points, or 0.10 percent, to close at … Read more

Chelsea and Lyon advance to the Women’s Champions League semifinals

Ukraine, Georgia and Poland are going to Euro 2024 after late drama in qualifying playoffs LONDON: Ukraine found another late winning goal in another comeback win. Georgia and Poland held their nerve in penalty shootouts. All are going to the European Championship. The 24-nation Euro 2024 lineup was finalized Tuesday with three qualifying playoffs giving … Read more

Defending champ Medvedev, No. 1 seed Alcaraz advance into Miami Open quarterfinals

Top-ranked Iga Swiatek, US Open champ Coco Gauff fall in upsets, Alacaraz advances at Miami Open MIAMI GARDENS, Florida: Top-ranked Iga Swiatek and US Open champion Coco Gauff have been knocked out of the Miami Open. Swiatek lost to Ekaterina Alexandrova 6-4, 6-2 on Monday night, hours after the third-seeded Gauff fell in three sets … Read more

Five-goal Australia, Iraq advance in Asia World Cup qualifying

HONG KONG: Australia and Iraq were in rampant goalscoring form on Tuesday as they both cruised into the next stage of Asian qualifying for the 2026 World Cup, while Son Heung-min’s South Korea are on the brink of joining them after beating Thailand. Australia handed out a 5-0 drubbing to Lebanon in Canberra in Group … Read more

Riyadh Air joins UNGC to advance sustainability goals

Fairmont Riyadh has unveiled “Luminous Nights” — a month of gastronomic delights and luxurious celebrations bringing loved ones, friends, family, and colleagues together. Embracing the spirit of Ramadan, the festivity will see the hotel come alive at sunset, as the sacred traditions of Ramadan intertwine with Fairmont’s signature luxury and culinary excellence. The property invites … Read more

Murray beats dizzy Berrettini, Stephens, Osaka advance

MIAMI: Two-time Miami Open champion Andy Murray fought back for a 4-6, 6-3, 6-4 win over struggling Italian Matteo Berrettini in the first round at Hard Rock Stadium on Wednesday. Berrettini needed medical attention near the end of the second set after appearing to almost faint on court but he battled on. The Italian recently … Read more

Saudi Media Ministry signs global partnerships to advance AI, infrastructure

LONDON: The latest findings from Brand Finance’s Global Soft Power Index, one of the world’s leading brand evaluation consultancies, unveiled key shifts in the global soft power landscape, reflecting the intricate dynamics of the regional context. While Saudi Arabia, the UAE, and Qatar have solidified their positions, attention has turned to Israel’s ranking decline and … Read more