RIYADH: Dubai’s inflation witnessed a slight decrease in March, dropping to 3.34 percent compared to 3.36 percent in February, according to official data. The decline in inflation is attributed to lower prices of specific goods and services, notably in the food and transportation sectors.
MELBOURNE: Ferrari’s Carlos Sainz Jr. surged to victory at the Australian Grand Prix Sunday to snap Red Bull’s winning start to the season after three-time world champion Max Verstappen sensationally failed to finish. The Spaniard, who had appendicitis surgery two weeks ago, took the chequered flag 2.3 seconds ahead of teammate Charles Leclerc, with McLaren’s Lando … Read more
Saudi Arabia braces for Eid Al-Fitr rush with anticipated surge in airline passengers RIYADH: Buoyed by the millions of Umrah performers and worshippers throughout the holy month of Ramadan, Saudi Arabia braces for a surge in travel for Eid Al-Fitr. The spike is expected to result in a significant rise in the number of arriving … Read more
DUBAI: The Sultanate of Oman has announced its second national pavilion at the 60th International Art Exhibition – La Biennale di Venezia. The exhibition, titled “Malath-Haven,” will run from Apr. 20 to Nov. 24, this year. Curated by artist and gallerist, Alia Al-Farsi, the inaugural display in Venice showcases new artworks by Omani contemporary artists … Read more
OSLO: Erling Haaland played down concerns he sustained an injury in training with Norway this week — and revealed a message he was sent by Manchester City manager Pep Guardiola before going away on international duty. Haaland has linked up with his national team ahead of friendly matches against the Czech Republic on Friday and … Read more
RIYADH: A new premium residency visa has spurred home-ownership demand among Saudi-based expats, with 77 percent now looking to buy a property, a survey has revealed. Global property consultancy Knight Frank surveyed 241 expatriates in Saudi Arabia, and discovered the primary motivation for real estate purchasing in the Kingdom, especially among millennials, is its perceived status … Read more
JEDDAH: Multinational technology company Siemens unveiled its new electrical equipment factory in Jeddah in the presence of the Kingdom’s Minister of Industry and Mineral Resources Bandar Alkhorayef. In partnership with its Saudi partner, Arabia Electric Ltd Equipment Co, the firm inaugurated the facility on Feb. 29 at the Modon Oasis in Jeddah. The 6,000 sq. m factory produces electrical equipment such … Read more
BLACKBURN: Eddie Howe has revealed Newcastle United penalty shootout hero Martin Dubravka almost missed the Magpies’ FA Cup win through illness. The Slovak keeper was Newcastle’s matchwinner, not only keeping the Magpies in the fifth-round encounter with some goal-saving stops in the 1-1 draw stretched across 120 minutes, but also with two spot-kick saves in … Read more
RIYADH: Saudi Exchange is on track to broaden its market offerings, attract foreign listings, and strengthen the debt and derivatives markets, according to its CEO. Speaking in an interview with Arab News on the sidelines of the third edition of the Saudi Capital Market Forum, Mohammed Al-Rumaih explained that this reflects signs of strength. … Read more
SAN FRANCISCO: OpenAI, the creator of ChatGPT and image generator DALL-E, said it was testing a text-to-video model called Sora that would allow users to create realistic videos with a simple prompt. The Microsoft-backed company said the new platform was currently being tested but released a few videos of what it said was already possible, … Read more