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RIYADH: Saudi Arabia's Tadawul All Share Index rose on Sunday, gaining 104.57 points, or 0.90 percent, to close at 11,771.69. Total trading turnover for the benchmark index was SR5.09 billion ($1.35 billion) as 162 stocks advanced, while 61 retreated. The Kingdom's parallel market Nomu fell 293.95 points, or 1.14 percent, to close at 25,521.34. This … Read more

LONDON: The United Nations High Commissioner for Refugees has hailed the Refugee Olympic team for its performance at the 2024 Paris Olympics, where the team made history as the largest ever refugee contingent and secured its first ever Olympic medal. ROT consists of 37 athletes competing in 12 sports and represented the aspirations of 120 … Read more

LONDON: At a London sports ground, Maya Hassan watches with pride as about 30 women, almost all Muslim and from ethnic minorities, join a self-defense class she organized in response to a wave of riots that saw violent, racist attacks on Muslims and migrants. The 28-year-old martial arts expert said she wanted to help women … Read more

AMMAN: King Abdullah told a delegation of US congressional aides on Sunday at the Al-Husseiniya Palace that Jordan will not be drawn into the ongoing Gaza conflict and will prioritize the security of its citizens. While reaffirming Jordan's commitment to regional stability, King Abdullah also called for urgent efforts to reduce tensions and ensure an … Read more

AL-MUKALLA: Four internally displaced persons were killed and many others injured on Sunday in Yemen's central Marib province when torrential rain and strong winds battered their tents. The four deaths rise to 61 the number in Yemen reported by the United Nations since the end of July. The internationally recognized government's Executive Unit for Internally … Read more

RIYADH: Saudi energy giant ACWA Power has restructured debt and ownership of its Turkish subsidiary, converting outstanding loans into equity following an agreement with major lenders and minority shareholders. ACWA Guc, which operates the 950 megawatt gas turbine power plant in Kirikkale, Turkiye, is partially and indirectly owned by ACWA Power. The deal involves lenders … Read more

PARIS: The United States won its fifth straight Olympic men's basketball crown on Saturday, holding off a struggling France 98-87 to take its tally of Olympic gold to 17.In a rematch of the Olympic final in Tokyo three years ago, LeBron James and the American team of NBA stars once again proved too much for … Read more

RIYADH: Outbound remittances from Saudi Arabia reached $3.2 billion in June, reflecting an annual increase of 11.32 percent, according to the latest data from the Central Bank of Saudi Arabia, also known as SAMA. This figure underlines the Kingdom's significant role in global remittance flows and is a testament to the economic dynamism affecting the … Read more

KYIV: Thousands of Ukrainian soldiers are taking part in an incursion aimed at destabilizing Russia by exposing its weaknesses, a top Ukrainian official has told AFP as the offensive entered its sixth day. – We are on the offensive. The aim is to stretch the enemy's positions, to cause maximum losses and to destabilize the … Read more