IsDB leads multilateral development banks group in $300-$400bn lending boost target RIYADH: A group of elite financial institutions, led by the Islamic Development Bank, is aiming to increase its lending margin by $300-$400 billion over the next decade to reduce global inequalities. The announcement came after presidents of ten multilateral development banks met in Washington, D.C., to … Read more
LONDON: Ivan Rakitic hopes his strong brotherly bond with his former Croatia team-mate Luka Modric can persuade the timeless maestro to join him at Al-Shabab in the Saudi Pro League. Modric may be 38 but Rakitic said that his enduring class was something his fellow Real Madrid midfielder, the free-scoring tyro Jude Bellingham, could learn … Read more
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
RIYADH: The historic town of Diriyah has been transformed into a festive wonderland as the Diriyah Gate Development Authority has revealed an exciting lineup of events and activities for residents and visitors to celebrate this year’s Eid Al-Fitr. According to the Saudi Press Agency, festivities are set to take place across various locations, including the … Read more
Startup Wrap – OSN+, AhnLab, and Mubashir among firms to see funding success during Ramadan CAIRO: Startups in the Middle East and North Africa region have closed Ramadan and started Eid Al-Fitr on a positive note as venture activity continued. Among the most significant announcements during the holy month was UAE-based online streaming platform OSN+ and … Read more
France’s top diplomat said Monday that Paris expects China to send “clear messages” to its close partner Russia over its war in Ukraine, after meetings with his counterpart in Beijing.France and China have sought to strengthen ties in recent years and, during meetings in Paris in February, Foreign Minister Wang Yi told President Emmanuel Macron … Read more
The inaugural Legal Blows Muslim Boxing Awards are set to take place on April 20 in Birmingham, England. This first-of-its-kind occasion promises to be a ground-breaking event, where not only the skill of boxers will be honored, but also the values of fairness and justice within the sport will be championed. Former Olympian and two-time … Read more
RIYADH: Members of the public have been urged to exercise caution over the coming days as weather warnings have been issued in several regions across Saudi Arabia. The General Directorate of Civil Defense said there could be thunderstorms from Thursday to Monday, the Saudi Press Agency reported. Moderate to heavy rain, leading to torrential rain, … Read more
RIYADH: In less than a season playing for Al-Ittihad women’s team, Ashleigh Megan Plumptre has left an indelible mark not just on the field of play, but in the hearts of those she has encountered in Saudi Arabia, just as she has done throughout her career at club and international level. As a distinguished center-back … Read more
ABU DHABI: Several of the sport’s top athletes will compete at the Jiu-Jitsu President’s Cup on March 15 and 16 at the Etihad Arena in Abu Dhabi, the UAE Jiu-Jitsu Federation has confirmed. The annual event, held during the holy month of Ramadan, will have grapplers from the UAE’s leading clubs and academies compete in … Read more