Bahrain investment firm GFH to pay 6.2% cash dividend for 2023, goes for 10% share buyback.

The Bahrain based investment firm GFH is distributing a 6.2 per cent cash dividend for 2023, a period in which profit totalled $105.22 million from total income of $369.5 million. (The dividend works out to Dh0.06 a share.)  The GFH stock – listed on four GCE exchanges, including DFM and ADX – has been on…

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Cyprus president asks EU Commission chief to get Lebanon to stop migrants from leaving its shores.

The president of Cyprus said Tuesday he has personally asked the head of the European Union’s executive arm to intercede with Lebanese authorities so that they could put a stop to boatloads of Syrian refugees from heading to the east Mediterranean island nation. President Nikos Christodoulides told reporters that Lebanon is the beneficiary of significant…

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Saudi Deputy FM receives Iranian ambassador.

Saudi Deputy Minister of Foreign Affairs Waleed Elkhereiji on Monday met the Iranian Ambassador to Saudi Arabia Alireza Enayati, in Riyadh. During talks, they discussed regional and international issues of mutual concern along with ways to further strengthen relations between their two countries. Meanwhile, Saudi Deputy Minister for Consular Affairs Ambassador Ali Al-Yousef received Turkiye’s…

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Saudi commission to host World Food Atlas discussion.

Saudi Arabia’s Culinary Arts Commission will organize a remote open World Food Atlas meeting on Wednesday. The meeting will host those interested in discussing this Saudi initiative adopted by UNESCO to preserve and enhance food production methods and pass them on to future generations. The meeting will cover several areas, including an introduction to the…

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UAE, Saudi Arabia ranked as leading global entrepreneurial ecosystems.

The UAE and Saudi Arabia have been ranked first and third respectively in the Global Entrepreneurship Monitor report for 2023-2024. The report, which assesses the entrepreneurial ecosystems of countries worldwide, is highly regarded by international bodies such as the World Bank, International Monetary Fund and various UN organizations,Saudi Arabia showed significant progress in its entrepreneurial…

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Saudi health minister meets Mauritius ambassador.

Saudi Health Minister Fahad Al-Jalajel recently met the Ambassador of Mauritius to Saudi Arabia Showkutally Soodhun at his office at the ministry in Riyadh. During the meeting, a number of issues of common interest and ways to enhance health cooperation between the two countries were discussed, Saudi Press Agency reported on Friday. The meeting was…

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India will be among top semiconductor producers in 5 years: Ashwini Vaishnaw

New Delhi: India is set to enter the league of top five semiconductor producers over the next five years, Union Minister Ashwini Vaishnaw said on Thursday. Speaking at the Times Now Summit 2024, the Minister for Communications and Electronics and IT said this rapid progress in precision technology such as semiconductors is because of Prime Minister…

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GCC chief meets Hungary’s ambassador to Saudi Arabia.

GCC Secretary-General Jasem Mohamed Al-Budaiwi met the Ambassador of Hungary to the Kingdom Balazs Selmeci at the headquarters of the council in Riyadh on Wednesday. The officials discussed ways to enhance cooperation between the GCC and Hungary in various fields, and the latest regional and international developments of common interest, the GCC reported. Al-Budaiwi on…

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GCC, Canada officials hold talks on boosting partnership.

Top officials from the GCC and Canada’s government held talks on Wednesday in Riyadh on ways to boost relations and tackle key regional and international challenges. Jassem Mohamed Albudaiwi, secretary-general of the GCC, met with Canada’s Foreign Affairs Minister Melanie Joly to discuss the “importance of consolidating the strategic dialogue between the two sides,” the…

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Tunisia sentences 4 to death, 2 to life in prison for assassination of politician in 2013

A Tunisian court on Wednesday sentenced four people to death and two people to life in prison on charges of participating in the murder of prominent political leader Chokri Belaid 11 years ago, the country’s first political assassination in decades.Belaid, a leftist politician, had been a fierce critic of Islamist Ennahda party, claiming it turned…

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