Federations from Saudi Arabia, France sign agreement to develop fencing in Kingdom

LOS ANGELES: The defending champion Denver Nuggets, powered by 32 points from Nikola Jokic, shook off a slow start to beat LeBron James and the Los Angeles Lakers 114-103 in game one of their NBA playoffs first-round series on Saturday.The Nuggets, who swept the Lakers in four games in the Western Conference finals on the … Read more

Saudi Fund for Development, St. Kitts and Nevis sign energy loan agreement

Pakistan pushes to forge strategic, economic partnership as Saudi FM visits Islamabad ISLAMABAD: Pakistani top leaders, including the prime minister, president and foreign minister, said on Tuesday the ongoing visit of Saudi Foreign Minister Prince Faisal bin Farhan to Islamabad would help transform a longstanding friendship between the two nations into a strategic and commercial … Read more

AD Ports Group sign agreement to develop Iraq’s Al-Faw Grand Port

RIYADH: Saudi Arabia’s Riyad Bank has approved the assessment and preparation of an initial public offering of its investment banking unit, Riyad Capital.   According to a Tadawul statement, the board of directors are considering listing the subsidiary on the main market of the Saudi Exchange.   “Riyad Bank and Riyad Capital will coordinate to finalize the … Read more

ACWA Power signs $800m water purchase agreement with Senegal

RIYADH: Saudi Arabia is emerging as a proactive leader, pioneering green initiatives to mitigate economic challenges posed by the transformation toward sustainability, according to the International Monetary Fund. A recent report by the IMF highlighted the intricate dynamics at play and underscored the Gulf Cooperation Council and Saudi Arabia’s strategic positioning in this evolving scenario. … Read more

UK and Australia sign new defense agreement

KYIV, Ukraine: A top US official said Wednesday that Washington could not predict when a vital $60-billion military aid package for Ukraine would be passed in Congress, as Volodymyr Zelensky called for Western air defenses after a Russian missile attack killed at least five.A fresh round of aerial bombardments by both sides left civilians dead … Read more

Saudi Arabia’s National Development Fund signs partnership agreement with World Economic Forum

Empowering women for a prosperous and healthy planet on International Women’s Day DUBAI: Although the Arab world has a long way to go before it achieves gender parity, recent reforms in Saudi Arabia have already transformed women’s participation in the labor force, business and leadership, while promoting economic growth and sustainable development. The pursuit of … Read more

Saudi Fund for Development, Tunisia sign $55m loan agreement to support transport sector

From sand dunes to melting glaciers, Saudi Arabia’s Princess Abeer shares lessons from her Antarctic expedition RIYADH: Princess Abeer bint Saud bin Farhan Al-Saud recently became the first person from Saudi Arabia and the wider Gulf region to go on a research expedition to the remotest parts of the Antarctic continent. In November, the princess … Read more

UAE and Kenya finalize terms of Comprehensive Economic Partnership Agreement

CAIRO: Startups across the Middle East and North Africa region have garnered substantial support through significant funding rounds over the last seven days. The regional venture capital ecosystem experienced heightened activity, with startups securing large investments, with Saudi Arabia at the forefront.The Kingdom’s logistics startup PIESHIP successfully closed an undisclosed pre-seed investment round from SEEDRA … Read more

Saudi Arabia signs international coffee agreement

RIYADH: A leading French senator has lauded the strength of relations between Saudi Arabia and France. During a visit to Arab News’ headquarters in Riyadh on Tuesday to discuss cooperation, Vision 2030, and female empowerment in the Kingdom, Nathalie Goulet described bilateral links as currently being at their best. A member of the Senate of … Read more

Saudi Arabia to host World Pool Championship and Snooker Masters in ten-year agreement with Matchroom Sport

Anticipation abounds ahead of this week’s restart of the 2023-2024 Roshn Saudi Pro League. The six-week interlude for the 2023 AFC Asian Cup saw managerial changes, eye-catching player acquisitions and noteworthy exits. Arab News provides a breakdown of the 16 clubs as they head into Thursday’s resumption, including their key winter business and outlook for … Read more