Saudi Arabia closes April sukuk issuance at $1.97bn

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 128.72 points, or 1.03 percent, to close at 12,355.69.     The total trading turnover of the benchmark index was SR8.45 billion ($2.25 billion) as 41 of the listed stocks advanced, while 187 retreated.    Similarly, the MSCI Tadawul Index decreased by 14.78 points, or 0.95 percent, … Read more

Ministry tenders contract for expansion of Prince Faisal bin Fahd Stadium

RIYADH: Private sector investments in Saudi Arabia’s industrial field more than doubled in the first quarter of 2024, surpassing SR7 billion ($1.8 billion), according to official data.  This marks a significant increase from the SR3.34 billion recorded during the first quarter of 2023, according to a report released by the Saudi Authority for Industrial Cities … Read more

Vaccines save at least 154 million lives in 50 years: WHO

GENEVA: Global immunization efforts have saved at least 154 million lives in the past 50 years, the World Health Organization said Wednesday, adding that most of those to benefit were infants.That is the equivalent of six lives saved every minute of every year of the half century, the UN health agency said.In a study published … Read more

Saudia unveils beta version of new Travel Companion platform

RIYADH: The Kingdom’s flagship airline Saudia has launched a beta version of its digital platform, the Travel Companion, powered by advanced artificial intelligence, aiming to transform the industry. The new initiative, unveiled during a special event, is part of a two-year plan developed in partnership with global professional services firm Accenture.

Tunisia law professors call for release of detained opposition figures

ISTANBUL: Turkiye’s justice minister warned the country’s main pro-Kurdish DEM party on Wednesday that it would face the risk of legal action, and even a closure case like its predecessor, if it did not distance itself from Kurdish militants.DEM, parliament’s third largest party, was established last year as a successor to the Peoples’ Democratic Party … Read more

Multiple injuries on set of new Eddie Murphy film

Several people have been injured in an accident on the set of a new Eddie Murphy film, the studio involved confirmed. Amazon MGM Studios confirmed that this incident occurred during the filming of an action sequence on the movie The Pickup. “Unfortunately, the sequence did not go as planned and several members of the crew … Read more

Saudi economy witnessing a fundamental shift, says minister

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Wednesday, losing 128.72 points, or 1.03 percent, to close at 12,355.69.     The total trading turnover of the benchmark index was SR8.45 billion ($2.25 billion) as 41 of the listed stocks advanced, while 187 retreated.    Similarly, the MSCI Tadawul Index decreased by 14.78 points, or 0.95 percent, … Read more

Nadal will only play French Open if he can ‘compete well’

BARCELONA, Spain: Rafael Nadal’s first tournament since January lasted only two matches with the Spaniard losing 7-5, 6-1 to Alex de Minaur at the clay-court Barcelona Open on Wednesday. Nadal, back from an injury layoff, looked like his old self for brief moments in the second-round match but couldn’t keep up with the 11th-ranked De … Read more