GCC banks eye Turkiye, Egypt and India for growth prospects

RIYADH: Riyadh’s office market continued its strong performance in the second quarter of 2024 as government investment incentives attracted international companies to set up their regional headquarters. According to the latest Saudi Commercial Market Report published by Savillis, more than 120 international companies relocated their regional headquarters to the Saudi capital in the first quarter … Read more

At least 18 dead in Nepal plane crash, officials say

NEW DELHI: The UAE Ministry of Economy and the Confederation of Indian Industry on Wednesday hosted the Indian edition of Investopia Global Talks, a series of sessions aimed at strengthening collaboration in new economic sectors, in Chennai. Launched in 2021, Investopia is a global investment initiative created by the UAE government to connect investors, business … Read more

Oil Updates – prices hover near lowest in 6 weeks

RIYADH: Saudi Arabia's Tadawul Composite Index fell on Tuesday, closing at 12,105.54, down 69.22 points or 0.57 per cent. Total trading volume on the benchmark index was SR6.8 billion (USD 1.8 billion), with 55 listed stocks rising and 173 falling. The MSCI Tadawul Index also fell 10.49 points (0.69%) to close at 1,512.94. The Kingdom's … Read more

Sofia Boutella unveils poster for ‘The Killer’s Game’

Dubai: French-Algerian actress Sofia Boutella recently took to social media to share the poster of her latest film “Killer's Game”, which is set to release on September 13. Set against a vibrant red background, the poster features her alongside an ensemble cast including Dave Bautista, Terry Crews, Scott Akins, Marco Zarro, Pom Klementieff and Ben … Read more

Adidas apologizes to Bella Hadid after 1972 Olympics ad furor

LONDON: Sky News reported on Wednesday that Adidas had apologised to supermodel Bella Hadid after pulling her out of an advertising campaign that referenced the 1972 Munich Olympics. Pressure groups linked to Israel criticised the campaign for being offensive because of Hadid’s Palestinian background, at which 11 Israeli athletes and a German police officer were … Read more