Trump Announces New Tariffs on 60 Countries in Major Trade Policy Shift
WASHINGTON: In response to worries about forced labor, the United States announced on Thursday that it would replace an expiring global...
Zain KSA Makes History With Kingdom’s First Commercial Advanced 5G Launch
RIYADH: As the first firm in the Kingdom to do so, Saudi mobile telecom provider Zain KSA has announced the commercial launch of Advanced...
US Government Withdraws Subpoenas Against Three Reporters After Admitting Legal Errors
NEW YORK: The US government reluctantly withdrew subpoenas on Thursday that would have required three New York Times writers to testify...
Forest Fires Force Spain to Declare National Emergency in Madrid Region
MADRID: Following multiple wildfires that were out of control, Spain declared a national emergency late on Thursday in the Madrid region...
Saudi Manufacturing and Mining Sectors Power Double-Digit Revenue Growth
WASHINGTON: In light of recent Iranian attacks that have targeted Jordan and other US partners in the Middle East, Amman and Washington are...
Can Gulf AI Investments Overcome the Global Semiconductor Sell-Off?
Sharp fluctuations have followed a remarkable surge in semiconductor equities, prompting concerns for Gulf investors investing billions of...
What the New Saudi Cabinet Decision Means for Jointly Owned Properties in GCC
RIYADH: In an effort to improve the regulatory framework for jointly owned properties throughout the region, the Saudi Cabinet approved the...
How Saudi Arabia’s $1.42bn Sukuk Issuance Strengthens the Economy
RIYADH: According to official figures, Saudi Arabia generated SR5.35 billion ($1.42 billion) through its July issue under the...
Three Oil Tankers Stopped by Iran in the Strait of Hormuz Explained
Iran’s Revolutionary Guards announced on Thursday that they had prevented three oil tankers from travelling through the Strait of...
Crew Safe After Saudi-Owned Vessel Faces Attack in the Red Sea
The Saudi-owned ship ENCELIA was attacked in the Red Sea, which resulted in a fire, according to Al Ekhbariya, which reported the incident...
