Juventus ordered to pay Ronaldo $10.4 million in back salary

4323701 1734567761

Rome: Juventus must pay Portuguese star Cristiano Ronaldo 9.7 million euros ($10.4 million) in back wages for the 2020-21 season, the Italian courts announced on Wednesday. The Court of Arbitration, to which Ronaldo appealed, “orders Juventus Turin to pay the sum of 9,774,166.66 euros,” plus interest and procedural costs, it stated in its decision. The … Read more

stc pay obtains SAMA approval for transition to STC Bank

4304491 429168729

RIYADH: The Kingdom’s leading mobile wallet, stc pay, has received approval from the Saudi Central Bank to proceed with its transformation into STC Bank. This beta launch will enable selected users to upgrade their accounts from an stc pay digital wallet into an STC Bank account. They will also be provided an International Bank Account … Read more

Saudi small businesses granted 3-year extended time to pay financial fees

4239196 569107481

Dubai real estate market soars amid record residential transactions in 2023: report  RIYADH: Dubai’s real estate market experienced robust growth in 2023, reaching an all-time high with residential transactions totaling 118,993 units, a report from CBRE revealed.  The report highlighted a 29.6 percent year-on-year increase in deal volumes, driven by growth in both the off-plan … Read more

Tennis can champion equal pay across all sports: US Open champ Coco Gauf

4236871 810092786

Sloane Stephens talks Dubai return, taking on Iga Swiatek, and race to qualify for Paris Olympics DUBAI: Sloane Stephens is not planning to retire any time soon but said her return to Dubai for the first time in 10 years was inspired in part by an urge to “make the rounds” and ensure she did … Read more

Donald Trump must pay $354.9 million, barred from NY business for 3 years, judge rules

4232216 1841714481

LONDON: Concerns are mounting over the future of Britain’s Inter Faith Network, founded in 1997 to improve cohesion between religious communities, as the government considers scrapping its funding. The Guardian reported on Friday that Communities Secretary Michael Gove had written to the IFN saying he was “minded to withdraw” £155,000 ($194,599) of provisional funding over … Read more

High turnover of players is price to pay for the appeal of tournaments like DP World ILT20

4207141 1034715190

At the halfway stage of the group matches in the DP World ILT20, reached on Jan. 30, the table was topped by the MI Emirates, with four wins out of six matches and eight points. In second were the Sharjah Warriors on six points with three wins from five matches. Each team plays each other … Read more

Jury says Donald Trump must pay an additional $83m to E. Jean Carroll in defamation case

4198951 1841291582

STOCKHOLM: Sweden will not negotiate with Hungary over its application to join NATO, which Budapest is the sole member of the alliance to yet ratify, Swedish Prime Minster Ulf Kristersson said on Friday. NATO chief Jens Stoltenberg, however, said he now expected Hungary’s parliament to give a green light at the end of next month.Sweden, … Read more

stc pay, Mastercard boost digital payment offerings in Bahrain

4182181 668733063

stc pay, a subsidiary of stc Group and Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has announced a strategic partnership with Mastercard. The collaboration is set to elevate subscribers’ experience while extending value-added benefits that align with their lifestyles and aspirations.

SAMA issues rules for buy now, pay later companies

4143436 1022149450

RIYADH: Saudi Arabia marked a milestone in its ongoing bilateral trade discussions with South Korea as the Kingdom’s industry minister met with his Korean counterpart in Seoul.  Saudi Industry and Mineral Resources Minister Bandar Alkhorayef met Korean Trade, Industry and Energy Minister Lee Chang-yang on Dec. 16 to discuss opportunities to enhance industrial cooperation between … Read more

Ex-Trump lawyer Giuliani ordered to pay $148 mn for defaming poll workers

4141826 2141174415

WASHINGTON: A jury ordered Donald Trump’s former lawyer Rudy Giuliani to pay $148 million in damages on Friday for defaming two Georgia poll workers with his false claims they engaged in election fraud. The eight-person federal jury awarded Ruby Freeman and her daughter Wandrea “Shaye” Moss more than $16 million each for defamation, $20 million … Read more