RIYADH: The net profit of insurance companies in Saudi Arabia surged by 1,221.3 percent year-on-year in 2023 to $861 million, driven by favorable economic conditions. According to the report released by research firm Insurance Monitor, in association with Lux Actuaries and Consultants, four firms from the Kingdom grabbed their spots on the list of the … Read more
Third New York Arab Festival looks to foster ‘creative dialogues’ at a time when ‘language is weaponized’ DHAHRAN: For the next two months, New Yorkers will have plenty of chances to show-up fashionably late for one of the activations at the third annual New York Arab Festival — but they won’t want to miss a … Read more
RIYADH: The importance of preserving the natural environment that characterizes Asir while implementing new tourism projects has been emphasized by the Asir Development Authority’s acting CEO. Hashim Al-Dabbagh said this was one of the authority’s most important duties, along with developing the tourism and service sectors, reported Saudi Press Agency. Al-Dabbagh was speaking during an … Read more
LONDON: “Dead Space” was originally launched across formats in 2008 and spawned several sequels. It is now back in a digital deluxe version completely rebuilt from the ground up to offer a deeper, more immersive experience. Available across all the main platforms, the remake of the survival action-horror classic retains its core identity with all … Read more
RIYADH: After three days of significant announcements, the LEAP conference saw major deals signed in artificial intelligence and innovation localization during its concluding sessions. Inaugurating the final day of the event, Ahmed Al-Suwaiyan, governor of the Digital Government Authority, pointed out that the LEAP has surpassed its previous editions, with agreements worth more than $12 … Read more
RIYADH: Saudi Arabia’s technology conference LEAP 2024 is awash with thousands of international companies and startups, but government agencies are also using the event to showcase their digital products and services. As well as 1,800 exhibitors, 170,000 attendees and 1,100 expert speakers, over 30 public sector entities are attending the Riyadh-based gathering, now in its third … Read more
CAPE CANAVERAL, Florida: Four astronauts headed to the International Space Station on Sunday where they will oversee the arrivals of two new rocketships during their half-year stint. SpaceX’s Falcon rocket blasted off from Kennedy Space Center, carrying NASA’s Matthew Dominick, Michael Barratt and Jeanette Epps and Russia’s Alexander Grebenkin. The astronauts should reach the orbiting … Read more
CAIRO: E-commerce and supply chain operations platform Omniful is aiming to significantly boost its presence in the Saudi market after a successful $5.85 million seed funding round. In an interview with Arab News, CEO and co-founder of Omniful, Mostafa Abolnasr, shared the company’s strategies aimed to boost Saudi Arabia’s e-commerce space. “Following our recent seed … Read more
Civil society challenges India’s ties with Israel, warns of war crimes complicity NEW DELHI: Members of Indian civil society have come together to break their government’s silence on Israel’s war crimes against Palestinians and put pressure on it to refrain from any kind of complicity with Tel Aviv. Despite India’s historic support for Palestine, New … Read more
UNITED NATIONS, United States: The United States warned Rwanda and the Democratic Republic of Congo at the UN on Tuesday that they “must walk back from the brink of war,” as tensions rise between the neighbors.Kinshasa, the United Nations and Western countries say Rwanda is supporting a rebel group active in eastern DRC in a … Read more