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Saudi Central Bank gets a new governor

  • RIYADH: Saudi Arabia’s King Salman has appointed Ayman bin Mohammed Al-Sayari as the governor of the Saudi Central Bank, the Saudi Press Agency reported on Thursday.  He is replacing Fahad Al-Mubarak, who has been named an adviser at the royal court with the rank of a minister, the agenc...

Closing bell: Saudi bourse slips 82 points to 10,702  

  • RIYADH: Saudi Arabia’s Tadawul All Share Index on Thursday lost 81.94 points — or 0.76 percent — to close at 10,701.79.   MSCI Tadawul 30 Index dropped 0.95 percent to 1,475.52, while the parallel market Nomu slipped 0.79 percent to 18,996.50.   TASI’s total tr...

Not voting for Saudi Arabia to host 2027 Asian Cup was ‘a mistake’, says Palestinian official

  • Riyadh: Jibril Rajoub, the head of the Palestinian Football Association, has apologized after his country was criticized on social media for failing to vote for Saudi Arabia in its bid to host the AFC Asian Cup in 2027. The Kingdom will be hosting the competition for the first time in its his...

Saudi aid agency KSrelief launches third phase of relief project for Pakistan flood survivors

  • ISLAMABAD: The King Salman Humanitarian Aid and Relief Center (KSrelief) on Thursday launched the third phase of its relief project to distribute 25,000 non-food items (NFI) and an equal number of relief kits to help over 350,000 flood victims in Pakistan, a senior official of the Saudi aid age...

Turkiye slams West for security warnings ‘harming’ tourism

  • ANKARA: Turkiye on Thursday slammed a group of Western countries that temporarily closed down their consulates in Istanbul over security concerns, accusing them of waging “psychological warfare” and attempting to wreck Turkiye’s tourism industry. Germany, the Netherlands and Britain were among...

Digital Cooperation Organization hosting 2nd General Assembly in Riyadh

  • RIYADH: The Digital Cooperation Organization will host its second General Assembly in the Saudi capital, bringing together DCO member states to discuss strategic directions and initiatives to enable digital prosperity for all nations. “The 2nd General Assembly aims to address challenges assoc...

Rasmus Paludan protest: Burning the Qur’an is not ‘free speech’

  • It is not just Muslims who should be offended. Everyone with an interest in dialogue and coexistence should join in the condemnation of the recent burning of a Qur’an by right-wing activists in Sweden. In itself, what happened was a terrible and provocative act, designed only to inflict pain ...

Aldar joins with Dubai Holding to build 9,000 new homes

  • RIYADH: Abu Dhabi based Aldar Properties is set to begin devlopments in Dubai after signing a joint venture agreement with Dubai Holding to build 9,000 new homes across three communities in Dubai. The developments will take place in the suburban heart of the city along the E311 and E611 ...

Federal system would allow Lebanese to steer clear of scorpions

  • Do you know the story of the scorpion and the frog? The two animals are facing a wildfire and need to cross a river to survive. The scorpion tells the frog: “Carry me on your back and help me cross the river and I will protect you from any aggressor in the future.” The frog swiftly answers: “Ne...

Saudi Arabia’s foreign minister discusses strengthening relations with Iraq 

  • DUBAI: Saudi Arabia’s foreign minister, Prince Faisal bin Farhan Al-Saud, affirmed on Thursday that economic relations with Iraq were developing significantly.  Al-Saud made the statement during a press conference held in Iraq with the country’s Foreign Minister Fuad Hussein.  Hus...