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Brighter Saudi economic outlook boosted by reforms, says IMF

  • An IMF team reported that growth was expected to pick up this year and over the medium-term “as reforms take hold.” 
  • Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan: The statement “confirms the progress made by the Kingdom’s government in implementing economic and structural reforms.”
By Richard Wachman ·

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Kingdom scores high on prices and tax efficiency, IMD survey finds

  • Kingdom ranks second in the world for pricing of goods and services, according to IMD survey.
  • Kingdom slips three places to 39th position out of 63 countries assessed.
By Frank Kane ·

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France, Saudi Arabia to hold Yemen humanitarian conference end June

  • France and Saudi Arabia will co-host an international conference on Yemen in Paris
  • More than 10,000 people have been killed in a war that has displaced 3 million internally
By Reuters ·

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FBI may have disrupted major cyber attack on Ukraine

  • Ukraine has been locked in a years-long struggle with Russia-backed separatists in the country’s east and has repeatedly been hit by cyberattacks of escalating severity. Last year witnessed the eruption of the NotPetya worm, which crippled critical system
  • Network technology company Cisco Systems and antivirus company Symantec have warned that a half-million Internet-connected routers had been compromised in a possible effort to lay the groundwork for a cyber-sabotage operation against targets in Ukraine.
By AP ·

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Dhaka relishes traditional ‘Dhakaia iftar’ in Ramadan

  • While much has changed in Dhaka, its tasty Ramadan dishes have stayed the same in the 400-year old city established by the Mughal dynasty.
  • The exquisite variety of kebabs attracts food lovers from far and wide, reminding them of the existence of Mughals through different food menus — offering tikka, shutli, jaali, shami, irani and other kinds of kebabs.
By SHEHAB SUMON ·
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Mohamed Salah viewing Champions League final against Real Madrid as ‘just another match’

  • The Egyptian ace has been the key man in Liverpool’s march to Saturday’s showdown in Kiev against Real Madrid
  • “Every match is different, this is my first Champions League final so I am very excited. It is of course a very important game”
By GREG WILCOX ·