Bruno Guimaraes drops huge hint about Newcastle future amid Man City and Real Madrid interest

MADRID: Brazil winger Vinicius Junior said his desire to play football was reducing as incidents of racial abuse aimed at him piled up in Spain, during a tearful media appearance Monday. The Real Madrid forward has suffered abuse from opposition fans on many occasions in recent years, with one incident in Valencia in May provoking … Read more

‘The Zone of Interest’ director’s Oscars speech slammed by hundreds of Jewish stars, creators in open letter

RIYADH: A Saudi artist whose fascination with Japanese animation began in childhood is breaking new ground in the Kingdom’s burgeoning art scene. Maryam Al-Suwaidan paints Japanese-style whimsical characters that evoke feelings of nostalgia. Her love for Japanese art began in childhood when she copied drawings from the covers of videos and comic books featuring her … Read more

‘The Zone of Interest’ wins Oscar award for best international film

‘Oppenheimer’ wins best picture at Academy Awards, Emma Stone takes best actress LOS ANGELES: “Oppenheimer,” a solemn three-hour biopic that became an unlikely billion-dollar box-office sensation, was crowned best picture at a 96th Academy Awards that doubled as a coronation for Christopher Nolan.After passing over arguably Hollywood’s foremost big-screen auteur for years, the Oscars made … Read more

Oil Updates – prices slip further on US demand, interest rate fears

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

Oil Updates – crude extends losses after dollar rises on shifting interest rate outlook

SINGAPORE: Oil prices fell on Monday, extending losses from the previous session after the dollar rose on market views that higher-than-expected inflation could delay cuts to high US interest rates that have been capping global fuel demand growth, according to Reuters. Brent crude futures fell 14 cents, or 0.2 percent, to $81.48 a barrel by … Read more

Saudi Arabia seeing rising interest in credit ratings amid broader investments and economy diversification: Moody’s exec

Startup of the Week – supply chain platform Omniful aims to boost Saudi Arabia’s e-commerce space CAIRO: E-commerce and supply chain operations platform Omniful is aiming to significantly boost its presence in the Saudi market after a successful $5.85 million seed funding round. In an interview with Arab News, CEO and co-founder of Omniful, Mostafa … Read more

Oil Updates – crude falls after US Fed governor says no rush to cut interest rates

AI will drive efficiency amid global economic slowdown, leading financiers tell FII Priority Summit MIAMI: The chiefs of four of the world’s leading corporations stressed on Thursday, during the first day of the Future Investment Initiative Miami Summit, that while artificial intelligence has the potential to drive higher investment and economic growth across the world … Read more

Bruno Guimaraes warns off Real Madrid, Barcelona and Liverpool interest

Saudi Arabia talent should be ‘playing in Europe’: Future Falcons technical director It has been another AFC Asian Cup disappointment for Saudi Arabia. It has now been 17 long years since the Green Falcons last made it to the quarterfinals of the tournament, and by the time the Kingdom hosts the next edition in 2027, … Read more

More countries express interest in joining OPEC+, says top official

RIYADH: Achieving global power security is everyone’s responsibility, according to Saudi Energy Minister Prince Abdulaziz bin Salman.  Speaking at the International Petroleum Technology Conference in Dahran on Feb. 12, the minister said that the Kingdom is continuously working toward ensuring market stability.  He added that Saudi Arabia has significant surplus oil production capabilities. “We are … Read more

Global Markets – stocks set to snap 9-week winning streak on interest rate rethink

LONDON/TOKYO: Global equities were on course to snap a nine-week winning streak, government bonds sold off, and the dollar was poised for its strongest weekly advance since mid-May, as bets on aggressive central bank rate cuts were rolled back, according to Reuters. MSCI’s broadest index of global stocks dipped 0.3 percent, heading for a 2 … Read more