KUWAIT: Minister of Public Works and Minister of State for Municipal Affairs Dr Noura Al-Mashaan announced on Thursday the Kuwaiti-Saudi High Steering Committee has approved the feasibility study outcomes for the railway connection project between Kuwait City and Riyadh at its sixth meeting. “The agreement between the two brotherly countries reflects a shared will to build…
KUWAIT: Despite being wanted by India for allegations of money laundering and inciting extremism through hate speeches, Dr Zakir Naik, a popular Islamic preacher, has seen his followers increase tenfold both in India and around the world since leaving his country. His speeches have long drawn tens of thousands at live events and reached millions more…
RIYADH: Saudi Arabia’s minister of finance, Mohammed Al-Jadaan, and his Qatari counterpart, Ali Al-Kuwari, signed an agreement on Thursday designed to avoid the possibility of double taxation and prevent tax evasion. During the signing ceremony in Doha, Al-Jadaan said the agreement is part of efforts to strengthen legislative coordination between the two countries, to encourage…
RIYADH: Saudi Arabia’s Public Investment Fund has topped the list of the most valuable brands among global sovereign wealth funds, according to a report by UK-based brand valuation and strategy consultancy Brand Finance. The list includes 50 of the largest asset management companies and sovereign wealth funds in the world. The inaugural Asset Management and…
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has announced the establishment of the Qazaqstan Business Council to enhance bilateral trade and investment ties between the business communities in Dubai and Qazaqstan. The establishment of the Business Council reflects the growing economic relations between the two markets….
RIYADH: Tyson Fury will seek revenge against Oleksandr Usyk on Dec. 21 in Riyadh for the heavyweight boxing title. Usyk defeated the British boxer on May 19 on points, becoming the first undisputed heavyweight champion of the 21st century.The chairman of the Saudi General Entertainment Authority Turki Alalshikh said: “The quality of the first fight…
RIYADH: Saudi Arabia’s Public Investment Fund has been named the world’s most valuable sovereign wealth with a brand value of $1.1 billion, according to an analysis. In its latest report, UK-based strategic consultancy Brand Finance revealed that Saudi Arabia’s wealth fund secured the top spot in the list due to its diverse investment strategy, trust…
MAKKAH: Almost 5,000 people are set to volunteer for programs launched by the Makkah arm of the Saudi Ministry of Islamic Affairs, Dawah and Guidance, the Saudi Press Agency reported on Wednesday. The branch has launched 247 opportunities via its volunteering platform to coincide with the start of the Hajj season. These include distributing more…
BEIRUT: Syria’s defense ministry said an Israeli air strike Wednesday killed a girl and wounded 10 civilians on the country’s coast, with a war monitor reporting another raid killed three pro-Hezbollah fighters.“The Israeli enemy launched an air attack from the direction of Lebanon, targeting a central site and a residential building in Baniyas city in…
President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Yoon Suk Yeol, President of the Republic of Korea, today witnessed the signing of a landmark Comprehensive Economic Partnership Agreement between the UAE and the Republic of Korea, paving the way for a new chapter of economic cooperation and mutual growth. The ceremony…
