RIYADH: Saudi Arabia’s official reserve assets reached SR1.76 trillion ($469.83 billion) in August, the highest in 21 months and a 10 percent increase year-on-year, according to recent data. Figures released by the Saudi Central Bank, known as SAMA, show these holdings include monetary gold, special drawing rights, the International Monetary Fund’s reserve position, and foreign…
TULKARM: The ruins of a coffee shop in the West Bank city of Tulkarm show the force of the airstrike on Thursday night that killed a senior local commander of the militant group Hamas — and at least 17 others.The strike in Tulkarm’s Noor Shams refugee camp, one of the most densely populated in the…
Doha: The Sultanate of Oman, represented by a joint delegation from the Central Bank of Oman and the Ministry of Finance, participated in the joint meeting of the Finance Ministers and Central Bank Governors of the Gulf Cooperation Council (GCC) States with the Managing Director of the International Monetary Fund (IMF), held today in Doha,…
DUBAI: Three-time NBA’s Most Valuable Player Nikola Jokic has described the formation of Dubai Basketball and its inclusion in the Adriatic Basketball Association League as a “great thing” for the sport in the Emirates. Founded in 2023 by the UAE’s Abdulla Saeed Al Naboodah, Dubai Basketball is a newly established professional basketball franchise that is…
RIYADH: Volunteers from the Kingdom’s aid agency KSrelief have provided training for earthquake victims in Hatay province, Turkiye, the Saudi Press Agency reported on Friday. The third and fourth volunteer training programs were for members of the Syria and Turkiye communities. The training for 91 people took place between Sept. 29 and Oct. 4, with…
BEIRUT: A source within the Palestinian security services told AFP that an air raid on the refugee camp of Tulkarm, killing 18 people, was the deadliest in the occupied West Bank since 2000.The Israeli military said its strike in the northern West Bank killed Hamas leader Zahi Yaser Abd Al-Razeq Oufi, who it accused of…
RIYADH: Iran’s President Masoud Pezeshkian received on Wednesday in the Qatari capital Saudi Arabia’s Foreign Minister Prince Faisal bin Farhan, the Saudi Press Agency said. The pair discussed the latest regional and international developments. Senior Saudi and Iranian officials attended the meeting.
Al-Hilal thrashed Al-Shorta of Iraq 5-0 on Tuesday to make it two wins out of two in the AFC Champions League Elite, and three for three matchday 2 wins for Saudi clubs in Asia’s premier club tournament. Following victories on Monday for Al-Nassr and Al-Ahli, four-time winners of the competition Al-Hilal never looked to be…
WASHINGTON: President Joe Biden said Wednesday he will not support an Israeli strike on sites related to Tehran’s nuclear program in response to Iran’s missile attack on Israel.“The answer is no,” Biden told reporters when asked if he would support such retaliation after Iran fired about 180 missiles at Israel on Tuesday.Biden’s comments came after…
RIYADH: Publishers are seeing a growing demand from readers in Saudi Arabia for Chinese literature as the two nations continue to strengthen cultural and political ties. The Riyadh International Book Fair, which opened on Thursday, serves as a vital platform for connecting Saudi Arabia with the global community. The event emphasizes the importance of translating…
