RIYADH: Saudi Arabia completed its riyal-denominated sukuk issuance for July at SR3.21 billion ($855.7 million), according to the National Debt Management Center. The level once again remained above SR3 billion, following a June issuance level of SR4.4 billion, SR3.23 billion in May, SR7.39 billion in April, and SR4.4 billion in March. NDMC revealed that the Shariah-compliant…
There is a lot to look forward to when it comes to Arab athletes at the upcoming Paris Olympics. A total of 14 medals were won by Arab men in Tokyo 2020 and there is potential for more this time around. Here are five Arab men to look out for in Paris 2024. Djamel Sedjati…
RIYADH: The Kingdom’s capital has experienced a significant surge in apartment rental prices in recent years, making it increasingly difficult for many residents to afford suitable accommodation. This sharp rise in rental costs has led to a growing trend among Riyadh’s population to prioritize home ownership over renting, as they seek to gain more stability…
CAIRO: The rescue operation for the Comoros-flagged Prestige Falcon oil tanker that capsized off Oman on July 15 has been deactivated, Oman’s Maritime Security Center said on Tuesday.Nine of the 16-member crew were found alive and one dead, the center reiterated, without giving further detail on the fate of the remaining six crew members.
Emirates’ boss expects the first of its 205 Boeing 777X aircraft to enter into service by 2026, extending delays on the long-anticipated programme, after the wide-body aircraft attains full certification at the end of 2025. Boeing will face heightened regulatory scrutiny of its new wide-body jet and must ensure it gets it right, Tim Clark,…
RIYADH: The last group of Hajj pilgrims left the Kingdom via Madinah’s Prince Mohammed bin Abdulaziz International Airport on Sunday evening. 320 pilgrims departed the holy city for Kertajati, Indonesia and a farewell ceremony was held for them by Saudia, concluding its operations for Hajj 2024. Saudia flights provided quality services to enhance the Hajj…
JEDDAH: Inspired by mythical sea-dwelling creatures, a diving center in Jeddah is offering a first-of-its-kind mermaid diving course for those wanting to splash around in cool waters during the summer. Scuba Schools International at Al-Haddad Scuba in the coastal city offers a whimsical yet invigorating experience for those in search of an aquatic adventure. All…
JERUSALEM: The Israeli parliament gave preliminary approval on Monday to a bill that declares the main United Nations relief organization for Palestinians a terrorist organization and proposes to sever relations with the body.The vote against the United Nations Relief and Works Agency for Palestinian Refugees (UNRWA) is the latest step in a Israeli push against…
Bastad: The Spanish tennis legend reached the finals of the ongoing Nordea Open on Saturday with a win over Duje Ajdukovic in a hard-fought semifinal clash, making it his first-ever title clash in over two years. Nadal beat Ajdukovic in a two-hour, 13 minute affair by 4-6, 6-3, 6-4, as per the ATP’s official website….
Muscat: The Sultanate of Oman has denounced the Israeli military attacks on the Republic of Yemen. These attacks represent a new escalation of regional tension that would further complicate the regional situation, hamper efforts to calm and end conflicts, and hinder the achievement of the desired peace, especially with regard to the Arab-Israeli conflict and the…
