Riyadh prepares to host special meeting of World Economic Forum

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

Supermarket chain Spinneys eyeing expansion into Jeddah as it prepares Riyadh opening

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

Saudi air force prepares for combat exercise in Greece

How Saudi Arabia champions cutting-edge research into unique Red Sea marine environments — blue holes RIYADH: While Saudi Arabia has long been feted for its ancient sites, distinctive culture and sweeping desert landscapes, recent strides in marine research and exploration could soon see scientists and tourists alike flocking to the Kingdom’s bluer regions. In just … Read more

Blinken arrives in Israel for talks as UN prepares to vote on a ceasefire resolution

CAIRO: US Secretary of State Antony Blinken said Thursday a major Israeli ground assault on the southern Gaza town of Rafah would be “a mistake” and unnecessary to defeating Hamas, underscoring the further souring of relations between the United States and Israel.Blinken, on his sixth urgent Mideast mission since the war began, spoke after huddling … Read more

As Biden prepares to address the nation, more than 6 in 10 US adults doubt his mental capability

In blunt remarks, US Vice President Harris calls out Israel over ‘catastrophe’ in Gaza CAIRO/RAFAH, Gaza Strip: US Vice President Kamala Harris on Sunday demanded Palestinian militant group Hamas agree to an immediate six-week ceasefire while forcefully urging Israel to do more to boost aid deliveries into Gaza, where she said innocent people were suffering … Read more

Ons Jabeur ‘happy’ to be at Mubadala Abu Dhabi Open as she prepares for another shot at Wimbledon title

ABU DHABI: The last couple of months have admittedly been “surreal” for Saudi tennis player Yara Alhogbani. The 19-year-old got to witness live tennis matches between Ons Jabeur and Aryna Sabalenka, and Novak Djokovic and Carlos Alcaraz, at home in Riyadh, for the very first time. She interacted with the stars and was given the … Read more

World prepares to ring in 2024

SEOUL, South Korea: North Korea vowed to launch three new spy satellites, build military drones, and boost its nuclear arsenal in 2024 as leader Kim Jong Un said US policy is making war inevitable, state media reported on Sunday. Kim also said he would no longer seek reconciliation and reunification with South Korea, in lengthy … Read more