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In an effort to address concerns over rising rents and housing affordability, the administration of U.S. President Joe Biden is set to unveil a significant policy initiative.
Fitch Ratings predicts that GCC banks would issue more dollar-denominated debt in the first quarter of 2024 than in any previous year, surpassing both the record-breaking $25.2 billion in 2020 and the entire year of 2023.
In February, the Saudi central bank witnessed a decline in its net foreign assets, as per the data released by the central bank on Friday. The decrease amounted to $7.20 billion compared to the previous month's figures.
A significant fire erupted at a military ammunition facility in Bekasi, just outside Jakarta, causing explosions and emitting thick smoke into the sky. While the blaze originated in an area designated for expired ammunition storage, there were no...
Abu Dhabi National Oil Company’s gas subsidiary, ADNOC Gas, has announced its intention to distribute a substantial cash dividend of AED 5.9 billion ($1.625 billion).
In the aftermath of the recall of a range of Japanese health supplements, the repercussions have been severe, with five fatalities and over 100 individuals hospitalized as of Friday.
Saudi Arabia is actively diversifying its economy away from oil dependence by investing significantly in non-oil sectors, a move aimed at spurring growth rates and fostering economic resilience.
European travelers now have the opportunity to embark on a seamless journey from Brussels to Prague, courtesy of the inauguration of a novel sleeper train service.
On Wednesday, Japan revealed plans to develop a next-generation passenger jet within the next ten years.
Qatar-based Commercial Bank has recently initiated the issuance of $750 million worth of bonds in U.S. dollars, with a maturity date set for 2029, according to documentation provided by one of the arranging banks on Tuesday.
The governor of Maryland declared a state of emergency today after a bridge collapse in Baltimore, which swept cars and approximately 20 individuals into the water. Governor Wes Moore announced the emergency declaration and the coordination of...
During a Cabinet session overseen by Crown Prince and Prime Minister Prince Mohammed bin Salman in Jeddah, the Kingdom demonstrated its unwavering commitment to environmental sustainability, regional diplomacy, and humanitarian endeavors.
The Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi, anticipates the issuance of over 59,000 seasonal visas for various professions from multiple countries in 2024.
An Indian student, Cheistha Kochhar, tragically lost her life in London last week after being struck by a truck while cycling back to her apartment.
Huspy, a pioneering real estate startup in Dubai, has introduced a groundbreaking range of mortgages in the UAE, boasting interest rates below 4 percent.
Dell communicated its new policies, set to take effect in May, through an internal memo that outlined requirements for hybrid staff.
Sri Lanka's central bank made an unexpected move on Tuesday by announcing a 0.5 percent reduction in interest rates, a decision aimed at bolstering growth prospects amidst the country's severe financial crisis.
The 35 Somali pirates who were captured by the Indian Navy on board the INS Kolkata following a 40-hour operation were given 10-day police detention by a Mumbai court.
Russia mourned on Sunday as flags flew at half-mast following a horrific attack at a rock concert near Moscow, marking the deadliest assault on Russian soil in two decades.
Indonesia's geophysics agency announced on Sunday the occurrence of a magnitude-6.1 earthquake off the coast of East Nusa Tenggara province.
The General Council of the World Trade Organization (WTO) has ratified the appointment of Ambassador Saqer Al-Moqbel, the Saudi Permanent Representative to the WTO, as the chair of its Dispute Settlement Body (DSB) for the term spanning 2024–2025.
The 19th edition of the Internet Governance Forum (IGF), an annual event organized by the United Nations, is scheduled to take place in Riyadh, the capital city of Saudi Arabia.
On Wednesday, the Albanian government issued a decision granting entry to Saudi citizens holding valid passports into Albanian territory without requiring a visa.
Former Pakistan Prime Minister Imran Khan, currently imprisoned, expressed skepticism regarding the longevity of the current Shehbaz Sharif-led government, foreseeing his own release from incarceration within the next five to six months.
The Ministry of Commerce in Saudi Arabia has announced the prohibition of "lottery" prizes, which entail purchasing goods or products to be eligible for cash rewards, entry into prize draws, or the distribution of money within products...
In line with the government's position, the Canadian parliament just approved a non-binding resolution late Monday promoting a two-state solution to the Israel-Palestine issue.
Violent demonstrations erupted subsequent to the apprehension of the former Prime Minister and leader of the Pakistan Tehreek-e-Insaf (PTI) party by paramilitary Rangers within the confines of the Islamabad High Court.
Pakistan International Airlines (PIA) faced a significant penalty after one of its air hostesses managed to reach Canada without possessing a passport.
Real estate transactions in Oman experienced a notable decline of 20.2 percent, amounting to OR207.8 million ($540 million) by January 2024, compared to OR260.5 million ($677 million) recorded during the same period in 2023, as per the latest figures...
The Ministry of Commerce has unveiled an innovative initiative leveraging artificial intelligence technologies to assess online retail establishments. Launched in conjunction with World Consumer Rights Day, the initiative operates under the theme...
King Salman, the custodian of the Two Holy Mosques, has authorized the allocation of more than SR3 billion in aid for social security recipients during Ramadan. This financial support encompasses SR1,000 for household heads and SR500 for each...
The newest local airline in India, Fly91, will begin operating commercial passenger flights between multiple locations in the country on March 18. Jyotiraditya Scindia, the minister of civil aviation, announced this project.
South Sudan's government has announced the closure of all schools beginning on Monday as the nation braces for a two-week period of extreme heat.
Authorities in Belgorod, Russia, have shuttered shops and schools following bombardments attributed to Ukraine, resulting in two fatalities, as voting continues in an election widely anticipated to secure Vladimir Putin's re-election.
Riyadh Air, Saudi Arabia's newest national carrier, celebrated its inaugural year on March 12, 2023, with a series of strategic alliances and agreements designed to enhance its operations.
Maintaining its key policy rate steady, China's central bank has carried out its first liquidity tool cash withdrawal operation since November 2022. The move was made to preserve currency stability in the face of uncertainty around prospective...
Saudi Arabia has addressed a recent incident involving Rabbi Abraham Cooper, who was asked to remove his religious head covering, known as a kippah, before entering Diriyah Gate.
The UAE and Brazil are collaborating to strengthen their already flourishing $4.3bn trade partnership. Juma Al Kait, Assistant Under-Secretary for International Trade Affairs at the Ministry of Economy, lauded the resilience of the UAE-Brazil trade...
Riyadh Air commemorates its inaugural year as it accelerates preparations for its anticipated launch in 2025, aiming to revolutionize air travel with sustainability at its core while setting new benchmarks for reliability, comfort, and service...
The decision to transition to open source provides the general public with unrestricted access to explore and manipulate the underlying code of the technology.