RIYADH: Saudi Arabia unveiled its first “State of Aviation” report, highlighting the sector’s contributions to the Kingdom’s economic growth, as industry leaders gathered for the Future Aviation Forum. Speaking at the opening ceremony of the three-day event in Riyadh, Saudi Minister of Transport and Logistic Services Saleh Al-Jasser emphasized the unprecedented importance of aviation. Saudi … Read more
Call to close UNRWA is attempt to strip Palestinians of refugee status — agency chief NEW YORK CITY: Disbanding the UN Relief and Works Agency for Palestine Refugees would have lasting repercussions for millions of Palestinians because it would result in them being stripped of their refugee status, the head of the agency told the … Read more
DUBAI: Renowned fashion houses from the Gulf and across the globe have unveiled their new Ramadan collections to celebrate the holy month. Designers have infused their creations with symbolic motifs, vibrant hues and sustainable practices. Here, we showcase Ramadan collections from several designers and brands, each blending creativity and cultural significance in their designs. Honayda … Read more
Sweet traditions: How these special post-fast desserts sweeten the Ramadan spread RIYADH: During Ramadan, Muslim families around the world bring a touch of sweetness to the iftar spread with traditional desserts that never go out of style. Logaimat Logaimat — meaning a bite or mouthful — is a staple dessert during the holy month. It … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index declined 189.34 points or 1.58 percent on Wednesday to close at 11,796.63. The total trading turnover of the benchmark index was SR8.6 billion, with 120 stocks advancing and 93 retreating. Similarly, the MSCI Tadawul decreased by 31.09 points, or 1.99 percent, to close at 1,530.39. In contrast, the … Read more
LONDON: Britain and the United States unveiled new asset freezes and travel bans Monday on Hamas and Palestinian Islamic Jihad figures, in their latest coordinated asset freezes and travel bans aimed at regional militants. Five “key figures” and an entity said to be involved in the leadership and financial networks of Hamas and PIJ were targeted, … Read more
RIYADH: In a bid to attract global talent and diversify its economy away from oil, Saudi Arabia has added five new products to its premium residency program. The program, launched in 2019, aims to allow eligible foreigners to live in the Kingdom and receive benefits such as exemption from paying expat and dependents fees, visa-free … Read more
RIYADH: When Saudi Arabia launched its ambitious roadmap for economic diversification in 2016, there was too much skepticism over its outcome, as the Kingdom had been reliant on crude oil for several decades. Seven years later, the Vision 2030 blueprint has not only facilitated the rise of the Kingdom’s non-oil sector but also fired up … Read more
RIYADH: The Cairo to Jeddah sector has been ranked as the second busiest international route during 2023, with 4.8 million seats, according to a report. Launched by global travel data provider firm the Official Airline Guide, the report indicated a 2 percent capacity difference between first and second place. This comes as 2023’s busiest international … Read more