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
Why the killing of a Lebanese party official has raised the specter of new sectarian strife BEIRUT: Almost five decades since the Lebanese civil war of 1975-1990 began, reactions to the kidnap and subsequent murder this week of Pascal Suleiman, an official of the Lebanese Forces, show the country’s fragile peace remains on a knife … Read more
Solidarity iftars foster bonds of togetherness for Filipino Muslims and Catholics Manila: When Ramadan begins in the Philippines, the holiest month of the Muslim calendar turns into a time for Filipinos of different faiths to come together. Around 80 percent of the Philippines’ more than 110 million people are Roman Catholics, whereas Muslims make up … Read more
Netanyahu cancels diplomats’ visit to Washington in protest over UN ceasefire vote TEL AVIV: Israeli Prime Minister Benjamin Netanyahu has canceled a planned visit to Washington by a high-level delegation to protest Monday’s UN Security Council decision calling for an immediate ceasefire in Gaza.The resolution passed 14-0 on Monday after the US decided not to … Read more
Russia forces Ukrainians in occupied territories to take its passports – and fight in its army KYIV, Ukraine: He and his parents were among the last in their village to take a Russian passport, but the pressure was becoming unbearable. By his third beating at the hands of the Russian soldiers occupying Ukraine’s Kherson region, … Read more
RIYADH: Saudi Arabia’s real estate market is set for an upswing as high-net-worth Muslim individuals plan to invest $2 billion in Makkah and Madinah properties, a recent survey indicated. The survey was conducted by Knight Frank, a global property consultancy, and published in the firm’s inaugural Destination Saudi report. It found that among the individuals … Read more
Riyadh: The Gulf Cooperation Council hosted an International Women’s Day event at the GCC headquarters in Riyadh on March 8, celebrating the accomplishments of women from the Gulf. On behalf of Foreign Minister Prince Faisal bin Farhan, Deputy Foreign Minister Waleed Elkhereiji participated in the celebration, which was also attended by Qatari Minister for Foreign … Read more
RIYADH: The Saudi capital finds itself in global competition with cities like New York and Tokyo for a skilled workforce, according to its mayor. With a population exceeding 7 million, the city is experiencing an ongoing transformation as it becomes a hub for attracting talent and boosting entrepreneurship. In an interview with Arab News at … Read more
CAIRO: The fintech sector in Saudi Arabia is increasingly drawing international attention, fueled by the nation’s strategic vision to emerge as a regional leader in this domain. In line with its national ambition, Saudi Arabia aims to become a prominent regional fintech hub, targeting the attraction of 525 financial services companies by the year 2030, as … Read more
Saudi Real Estate Refinancing Co. responsible for $13 billion additional liquidity in housing sector RIYADH: Saudi Arabia’s secondary market for residential real estate financing has received SR50 billion ($13 billion) from the company tasked with transforming the sector, Arab News has been told. The Saudi Real Estate Refinancing Co., SRC, established in 2017 and fully … Read more