RIYADH: Moody’s Investors Service has retained a positive outlook for Saudi Arabia’s banking sector thanks to the Kingdom’s economic diversification programs. In its latest report, the US-based credit rating agency said the demand for credit for government-backed projects will improve loan performance and generate strong profit for banks in Saudi Arabia. “The banks’ operating environment … Read more
Ronaldo once again the key as Al-Nassr book place in Asian Champions League quarter-finals Cristiano Ronaldo once again made all the difference as Al-Nassr booked their place in the quarter-finals of the Asian Champions League on Wednesday with a 3-0 aggregate victory over fellow Saudi Pro League side Al-Fayha. After a 1-0 win away from … Read more
Palestinian carrying white flag shot dead by IDF, moment captured by ITV cameraman LONDON: A Palestinian civilian in Gaza carrying a white flag was shot dead by Israeli soldiers while trying to rescue family members, and the scene was captured by an ITV News cameraman. The tragedy unfolded just minutes after the victim, identified as … Read more
FIFA’s Infantino condemns ‘abhorrent’ racism during games in Italy, England LONDON: FIFA President Gianni Infantino called for worldwide stadium bans for fans and “automatic forfeits” for teams whose supporters hurl “abhorrent” abuse following racist incidents in Italy and England on Saturday. The head of the world governing body said there was no place for discrimination … Read more