Saudi King and Crown Prince Condole Kuwait
In a heartfelt gesture of solidarity, Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman expressed their deepest condolences to the Emir of Kuwait on Monday following the passing of Sheikh More »
Putin and Abbas Discuss Gaza Crisis
Russian President Vladimir Putin is set to meet with Palestinian President Mahmoud Abbas on Tuesday during Abbas’ visit to Russia. Arriving on Monday, Abbas aims to discuss the ongoing Gaza conflict with More »
Saudi Arabia Voices Strong Support for Gaza Peace Initiatives
Saudi Arabia has firmly aligned itself with the recent joint statement made by President Joe Biden of the United States, President Abdel Fattah El-Sisi of Egypt, and Sheikh Tamim bin Hamad Al-Thani, More »
Saudi Crown Prince, US Secretary of Defense discuss troop deployment
:: Saudi Arabia’s Crown Prince Mohammed bin Salman received a phone call on Wednesday from the US Secretary of Defense during which they discussed ongoing arrangements to send US troops of a More »
Saudi Energy Minister confirms restoration of Kingdom’s gas production capacity
:: Saudi Arabia’s Minister of Energy confirmed on Wednesday the restoration of production capacity, affirming the Kingdom’s position as a reliable energy supplier in the global market. The energy minister, Prince Abdulaziz More »
Daily Archives: September 8, 2017
Nissan signals a future EV crossover model
:: Nissan Motor Co said on Thursday it was considering producing an electric SUV in the near future as it expects demand for electric vehicles (EVs) to increase in coming years. “We might have a crossover EV shortly in the
Chinese logistics firm Best, backed by Alibaba, launches $930m US IPO
:: Best, a Chinese logistics company backed by Alibaba Group, is launching a US IPO that is seeking about $930 million to fund an expansion of its supply chain network, develop new technology and open more convenience stores. The Hangzhou-based
Amazon scouts for second headquarters with $5 bln price tag
:: Amazon.com Inc said on Thursday it was searching for a location to build its second headquarters in North America that would cost more than $5 billion and house up to 50,000 staff. The e-commerce company, which is headquartered in
Algeria approves measures to cover budget deficit
:: Algeria’s government has approved draft amendments to a law aimed at securing new funding sources to cover budget deficits, as it struggles to cope with a sharp fall in energy earnings. Amendments to the Money and Credit Law were
Apple’s new iPhone could face supply shortfalls after launch
:: Apple Inc’s new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday. The company’s shares were down
Oil traders expect a tighter market in 2018
:: While the headlines have been dominated by the devastation wrought by Hurricane Harvey, oil traders have quietly become more bullish, or at least less bearish, about 2018. Brent calendar spreads have resumed their steady march from contango toward backwardation
US airlines brace themselves, passengers for Hurricane Irma
:: As Hurricane Irma bore down on the southern United States on Wednesday, airlines adjusted flight schedules, made cancellations and assured passengers they would not have to pay unusually high fares ahead of the storm’s arrival. Irma, the second powerful
Penelope Cruz and Javier Bardem return to Venice festival
:: Back when he was 22 and she was 16, Javier Bardem and Penelope Cruz brought their movie “Jamon, Jamon” to the Venice International Film Festival. Now, a quarter of a century and two children later, they were back with
Jennifer Lawrence laughs off sharply divided ‘mother!’ reviews
:: Jennifer Lawrence is shrugging off the sharp reaction to her latest movie “mother!,” which was met with both boos and cheers at its first outing this week and has sent critics into opposing love and hate camps. The horror
Saudi filmmakers build audiences without cinemas
:: With daring filmmakers, untold stories and entertainment-starved young people, Saudi Arabia has all the makings of a local movie industry — except for theaters. As the traditionally austere Kingdom cautiously embraces more forms of entertainment, local filmmakers are exploring
Kim and Kanye expecting third baby via surrogate
:: Reality television star Kim Kardashian is expecting a third child with rapper Kanye West via a surrogate, US media reported on Wednesday. “The entire family is over the moon. Kim had been looking for a surrogate for months until
Filmmaker Gurinder Chadha goes home with ‘Viceroy’s House’
:: Gurinder Chadha hoped her new film would be very personal, one that explored her family’s South Asian history. But when it was done, it turned out to be the story of a few more people — millions, actually. “Viceroy’s
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