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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Qatar condemns attack on Iran’s consulate in Syria.

Iraq, Jordan, Oman, Pakistan, Saudi Arabia, and the United Arab Emirates condemned the attack. Qatar condemned the attack on Iran’s consulate in the Syrian capital of Damascus on Monday, describing it as “a flagrant violation of international law.” “It also considers the attack a flagrant violation of international agreements and conventions and diplomatic norms that criminalise attacks…

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Riyadh Governor receives visit from Djibouti ambassador and other officials

Prince Faisal bin Bandar, the governor of Riyadh, acting on behalf of King Salman and Crown Prince Mohammed bin Salman, on Wednesday received a visit from the Djibouti’s ambassador to Saudi Arabia, Dya-Eddine Said Bamakhrama, and the leaders of several regional organizations based in the Kingdom. The visitors offered Ramadan greetings to the Saudi leadership,…

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Cristiano Ronaldo nets another hat trick in Saudi Arabia.

Cristiano Ronaldo notched his second hat trick in the space of 72 hours as Al-Nassr routed Abha 8-0 in the Saudi Pro League on Tuesday. The five-time Ballon D’Or winner scored three goals and recorded two assists in the first half for the nine-time Saudi Arabian champions. The hat trick was his third of the…

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Al-Hilal confirm Aleksandar Mitrovic out for six weeks due to injury.

Al-Hilal striker Aleksandar Mitrovic will miss six-weeks of action due to injury, the club confirm on Monday. He sustained a hamstring injury during the Blues 4-3 win over Al-Shabab in the Saudi Pro League on Saturday. The Serbian striker was substituted in the first half after sharply pulling up while running with the ball. “Following…

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Swedish envoy embraces cultural connection through traditional attire.

Sweden’s Ambassador to Saudi Arabia Petra Menander has highlighted the significance of the traditional Swedish dress she wore while presenting her credentials to Crown Prince Mohammed bin Salman. Underlining the cultural similarities between the two Kingdoms, she told Arab News: “I feel at home because I really connect with people; I think we all build a…

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16m items of extremist online content removed.

The Global Center for Combating Extremist Ideology and messaging platform Telegram removed more than 16 million online items of extremist content and closed down 445 channels in the first quarter of 2024. The center, also known as Etidal, said that the deleted channels belonged to three terrorist organizations: Daesh, Hayat Tahrir Al-Sham and Al-Qaeda. The…

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Spanish PM arrives in Jeddah.

Spanish Prime Minister Pedro Sanchez arrived in Jeddah on Tuesday, the Saudi Press Agency reported. He was received at King Abdulaziz International Airport by Makkah Deputy Gov. Prince Saud bin Mishaal bin Abdulaziz, Jeddah Mayor Saleh Al-Turki and other officials. Sanchez’s visit to Saudi Arabia comes as part of his Middle East tour, which includes…

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Netanyahu admits ‘unintentional’ Israel strike killed Gaza aid workers.

Israeli Prime Minister Benjamin Netanyahu admitted Tuesday that its armed forces “unintentionally” killed seven aid workers in an air strike in Gaza.“Unfortunately, in the last day there was a tragic case of our forces unintentionally hitting innocent people in the Gaza Strip,” he said as he left hospital in Jerusalem after a hernia operation.“It happens…

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