Michael Cohen says he stole from Trump’s company as defense presses key hush money trial witness

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NEW YORK: Former Donald Trump attorney Michael Cohen admitted Monday to jurors in the Republican’s hush money trial that he stole tens of thousands of dollars from Trump’s company as defense lawyers seized on the star witness’ misdeeds to attack his credibility.

Saudi air cargo volumes witness 7% rise: GACA

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Pakistan pushes to forge strategic, economic partnership as Saudi FM visits Islamabad ISLAMABAD: Pakistani top leaders, including the prime minister, president and foreign minister, said on Tuesday the ongoing visit of Saudi Foreign Minister Prince Faisal bin Farhan to Islamabad would help transform a longstanding friendship between the two nations into a strategic and commercial … Read more

LEAP24 to witness $11.9bn tech investment deals, says minister

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Saudi Arabia named ‘most improved country overall’ in US Chamber of Commerce IP Index RIYADH: Saudi Arabia has received recognition as “the most improved country overall” in the 12th edition of the US Chamber of Commerce International Intellectual Property Index.  Released on March 2, the report emphasizes the several achievements of the Kingdom, with Vice … Read more

Saudi Arabia to witness surge in number of millionaires in next decade: report

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RIYADH: Saudi Arabia is poised for a 105 percent surge in average wealth per person in the next 10 years, jumping from the current $54,000, a new study showed. According to Henley & Partners’ BRICS Wealth Report, the Kingdom presently holds the sixth position within the bloc in terms of high-net-worth individuals. The consulting agency … Read more

Gulf nations witness 178% surge in US Dollar sukuk issuance: Fitch Ratings

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RIYADH: The Gulf Cooperation Council countries witnessed a surge in US dollar sukuk issuance, registering a 178 percent year-on-year growth in the past year.  According to a report by Fitch Ratings, in core markets like the GCC, Malaysia, Indonesia, Pakistan, and Turkiye, sukuk accounted for a 29 percent share of debt capital market issuances across … Read more

Saudi Arabia is set to witness major developments in nuclear sector: IAEA chief

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RIYADH: To navigate the unprecedented technological growth around the globe, there is a pressing need for rapid upskilling and widespread adaptability in the job market, says the CEO of Takamol. As the global labor market faces emerging trends and challenges in the form of automation, remote work, and the gig economy, this creates a perpetual … Read more