RIYADH: The summer of 2023 marked 40 years since the most memorable moment in the history of Al-Ettifaq, the green and red club based in Dammam on the eastern shores of Saudi Arabia. It was in the 1982-83 season that Al-Ettifaq made Saudi football history, becoming the first team in the nation’s history to win … Read more
RIYADH: A new youth category featuring 12 sports has been added to the upcoming Saudi Games, organizers have revealed. The competition gets underway next week and will run from Nov. 26 to Dec. 10. The Saudi Youth Games will see the Kingdom’s under-18s compete in a range of sports including boy’s 3×3 basketball, boy’s and … Read more
RIYADH: Sustainable issuances in the Gulf, particularly sukuk, are expected to gain prominence due to the upcoming UN climate change conference, or COP28, according to Fitch Ratings. Bashar Al-Natoor, global head of Islamic finance and managing director at Fitch Ratings, highlighted the international event’s role in increasing awareness of sustainability issues in the region and … Read more
DUBAI: Iran denied Israeli claims that it was involved in the seizure of a British-owned and Japanese-operated cargo ship in the southern Red Sea by Yemen’s Houthis, foreign ministry spokesperson Nasser Kanaani said on Monday at a press conference. “We have said multiple times that resistance groups in the region act independently and spontaneously based … Read more
KHAN YOUNIS, Gaza Strip: Heavy fighting erupted Monday around a hospital in northern Gaza where thousands of patients and displaced people have been sheltering for weeks, as Israeli forces focus on clearing out medical facilities that they say Hamas militants use for cover.The advance on the Indonesian Hospital came a day after the World Health … Read more
Heavy fighting breaks out around another Gaza hospital after babies evacuated from Al-Shifa KHAN YOUNIS, Gaza Strip: Heavy fighting erupted Monday around a hospital in northern Gaza where thousands of patients and displaced people have been sheltering for weeks, as Israeli forces focus on clearing out medical facilities that they say Hamas militants use for … Read more
SINGAPORE: Oil futures nudged higher on Monday, extending gains on expectations of deepening supply cuts from the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, expected to shore up prices, which have fallen for four weeks on easing concerns of Middle East supply disruption amid the Israel-Hamas conflict. Brent crude futures … Read more
RIYADH: Saudi Arabia’s Tadawul All Share Index gained 55.06 points, or 0.50 percent, on Sunday to close at 11,137.03. The total trading turnover of the benchmark index was SR4.50 billion ($1.20 billion) as 158 of the listed stocks advanced, while 59 retreated. Similarly, the Kingdom’s parallel market Nomu also jumped 77.43 points, or 0.33 percent, … Read more
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