Saudi Arabia and Armenia to forge ‘road map’ for diplomatic ties, FM Ararat Mirzoyan tells Arab News RIYADH: Armenia is committed to drafting a “road map” for the development of diplomatic relations with Saudi Arabia, Ararat Mirzoyan, Armenia’s minister for foreign affairs, told Arab News on Thursday in an exclusive interview during a visit to … Read more
PALOS VERDES ESTATES, California: Nelly Korda took seven weeks off and nothing changed. She won again on the LPGA Tour and made it far more exciting than it needed to be. Korda made bogey on her last two holes Sunday to fall into a playoff in the Fir Hills Seri Pak Championship, and then ended … 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
RIYADH: Saudi Arabia’s real estate market is set for an upswing as high-net-worth Muslim individuals plan to invest $2 billion in Makkah and Madinah properties, a recent survey indicated. The survey was conducted by Knight Frank, a global property consultancy, and published in the firm’s inaugural Destination Saudi report. It found that among the individuals … Read more
DUBAI: With the war in Gaza heading toward its sixth month, some are wondering if there is any end in sight to the Israeli occupation of Palestine. What is certain, however, is that Israel carries out a policy of dehumanization of Palestinians to justify its occupation, according to one of Israel’s most famous journalists. “Israel systematically, … Read more
Closing Bell: TASI closes in green with 12,296 points, reaches $2.9bn trading volume RIYADH: Saudi Arabia’s Tadawul All Share Index concluded its Monday trading at 12,295.91 points, recording an increase of 86.85 points or 0.71 percent. The Kingdom’s parallel market Nomu also advanced by 4.50 points or 0.02 percent to 25,305.48 points. The MSCI Tadawul … Read more
PARIS: Several international sporting federations and NGOs are concerned about the harmful effects of online abuse on sportspeople, a new survey has found. Among the headline findings of the survey, undertaken by the United Against Online Abuse, or UAOA, campaign, was a concern among the 22 sporting federations and NGOs surveyed that abuse is driving … Read more
RIYADH: Saudi Arabia’s General Authority for Survey and Geospatial Information has appointed Fatma Al-Shammari as its spokesperson and media advisor. This aim of this strategic move is to enhance the authority’s media and communication strategies, the Saudi Press Agency reported on Wednesday. Al-Shammari, who previously worked as a journalist and anchor at TV news channel … Read more
RIYADH: The global merger and acquisition market witnessed a 15 percent drop year-on-year to $3.2 trillion in 2023, marking its lowest level in a decade, according to recent findings. Dealmakers grappled with several obstacles, including high interest rates, increased regulatory scrutiny, and mixed macroeconomic signals, forcing them to be more selective in their pursuit of … Read more
RIYADH: The registration of regional maritime clubs in Saudi Arabia experienced a 49 percent growth in 2023, official data revealed. The latest business sector bulletin by the Ministry of Commerce showed the number of registrations by the end of the fourth quarter of 2023 reached 580, compared to 389 by the end of 2022. Makkah topped the list … Read more