Saudi firm WAJA Co. forms joint venture to produce EVs in Egypt RIYADH: Saudi multi-sector firm WAJA Co., is set to establish a joint firm in Egypt to produce and manufacture electric vehicles, after signing a framework cooperation agreement. The deal, inked with the Egypt-based military organization Arab Organization for Industrialization, meets the needs of … Read more
RIYADH: Oman’s inflation rate increased by 0.2 percent in March compared to the same month in 2023, driven by a rise in prices of food and beverages, an official analysis showed. Citing data from the National Center for Statistics and Information, the Oman News Agency reported that food and non-alcoholic beverage expenses increased by 3.4 … Read more
RIYADH: Egypt’s foreign debt increased by $3.5 billion in the fourth quarter of 2023, reaching a total of $168 billion, as reported by the nation’s planning ministry. This marks a climb from the $164.5 billion recorded at the end of September, representing 42.4 percent of the nation’s gross domestic product. Notably, 81 percent of … Read more
RIYADH: In a world fixated on beauty and aesthetic perfection, Saudi artist Asrar Al-Qarni is boldly producing anti-aesthetic and unsettling art. Through her work, the 33-year-old challenges traditional notions of beauty and protests conformity. She compels viewers to confront uncomfortable truths and explore darker aspects of society. This unconventional approach to art can be seen … Read more
RIYADH: Riyadh Season will become the official partner of the World Snooker Championship, Saudi entertainment chief Turki Alalshikh announced on Tuesday. Riyadh Season and the World Snooker Tour signed an agreement to expand and develop the game in the Middle East and bring in more fans.
RIYADH: Saudi Arabia’s inflation eased to 1.6 percent in March, down from 1.8 percent the previous month, driven by changes in the food and beverage sector. The latest report from the General Authority for Statistics indicates that the Kingdom’s Consumer Price Index experienced a marginal decrease of 0.1 percent in March compared to February. The … Read more
GAZA: Israeli authorities released on Monday morning 150 Palestinian detainees who had been arrested in different parts of the Gaza Strip. The detainees were delivered to Kerem Shalom, a crossing on the border of Egypt, Israel and Gaza, into Rafah in southern Gaza, according to an Arab News reporter in the besieged Palestinian enclave. Among … Read more
LONDON: An official song and accompanying music video have been released to promote the upcoming heavyweight boxing match between Tyson Fury and Oleksandr Usyk in Saudi Arabia. British WBC title holder Fury takes on Ukrainian WBA, WBO, IBF and IBO champion Usyk in Riyadh on May 18 at the Kingdom Arena in the “Ring of Fire” … Read more
MOSCOW: Russia, Germany and Britain on Thursday urged countries in the Middle East to show restraint and Israel said it was preparing to “meet all its security needs” in a region on edge over an Iranian threat to strike Israel. The German airline Lufthansa, one of only two Western carriers flying to Tehran, extended a … Read more
MOSCOW: Russia, Germany and Britain on Thursday urged countries in the Middle East to show restraint and Israel said it was preparing to “meet all its security needs” in a region on edge over an Iranian threat to strike Israel. The German airline Lufthansa, one of only two Western carriers flying to Tehran, extended a … Read more