Palestinian gunmen kill Israeli in West Bank attack, Israeli military says

LONDON: More than 1 million children in the Gaza Strip are at risk of contracting type 2 poliovirus, a highly infectious disease that can lead to paralysis and even death, as displacement and the destruction of sanitation infrastructure leaves the population vulnerable to disease. The World Health Organization has announced plans to send 1.2 million … Read more

Palestinian officials say 12 dead in Israel West Bank raids

JERUSALEM: The United States said it was working “around the clock” to avert an all-out war in the Middle East, as Israel remained on high alert Tuesday for potential Iranian retaliation for two high-profile killings.US President Joe Biden, whose country has sent extra warships and fighter jets to the region in support of Israel, held … Read more

Saudi Monsha’at and Social Development Bank ink deal to boost SME financing

RIYADH: Saudi Arabia has climbed nine spots to rank 41 on a global tourism index – marking the Gulf region’s largest improvement – thanks to its strengthening infrastructure, corporate presence, and major business centers.  According to the World Economic Forum’s Travel & Tourism Development Index report, Saudi Arabia has recorded the most significant improvement in the Middle East … Read more

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

West Bank village counts losses after settler attack, and fears more

Have deaths of Quds Force commanders in Iran-Israel shadow war dented IRGC’s public image and confidence? LONDON: Iran brought its decades-long shadow war with Israel into the open on April 13 when it mounted a combined drone and missile attack in retaliation for a suspected Israeli airstrike on its embassy annex in Damascus, which killed … Read more

World Bank chooses Saudi Arabia as location for new knowledge hub

Future Hospitality Summit to shine spotlight on Saudi Arabia’s growing tourism industry RIYADH: More than 1,200 investors from across the world will descend on Riyadh at the end of April for what is expected to be the biggest Future Hospitality Summit ever seen in Saudi Arabia. The event – set to be held at Al … Read more

Israel says its forces kill 10 militants in West Bank raid

DUBAI/JERUSALEM: Explosions echoed over an Iranian city on Friday in what sources described as an Israeli attack, but Tehran played down the incident and indicated it had no plans for retaliation — a response that appeared gauged toward averting region-wide war. The limited scale of the attack and Iran’s muted response both appeared to signal … Read more

Saudi EXIM Bank inks deal with Swiss counterpart to elevate trade exchange 

RIYADH: Dubai’s inflation witnessed a slight decrease in March, dropping to 3.34 percent compared to 3.36 percent in February, according to official data. The decline in inflation is attributed to lower prices of specific goods and services, notably in the food and transportation sectors. Dubai’s Consumer Price Index rose to 110.77 points in March, compared … Read more

Saudi Arabia to host Islamic Development Bank Group annual meetings and golden jubilee

Saudi authorities highlight tourism commitments during UN Sustainability Week in New York NEW YORK: The Saudi tourism minister on Tuesday reiterated the Kingdom’s commitment to sustainable development of the travel sector. Ahmed Al-Khateeb said that under the leadership of King Salman and Crown Prince Mohammed bin Salman, Saudi Arabia has become one of the most … Read more

ACWA Power secures landmark $80m bridge loan from Bank of China for Uzbekistan projects

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