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RIYADH: Gulf Cooperation Council banks are seeking to diversify their business models and improve profitability by entering high-growth markets such as Turkiye, Egypt and India, a new report has revealed. Fitch Ratings noted that this growing interest was due to favorable economic conditions and attractive growth opportunities in these countries. Notably, appetite for expansion in … Read more

WASHINGTON: Israeli Prime Minister Benjamin Netanyahu defended Israel's war in Gaza and condemned US protesters in a scathing speech to Congress on Wednesday that sparked boycotts by many top Democratic lawmakers and drew thousands to the Capitol to denounce the war and the humanitarian crisis it has created.Netanyahu vowed to continue the war until “total … Read more

RIYADH: The Kingdom is on track to reach its goal of planting 100 million mangrove trees by 2030, in line with the Saudi Green Initiative and the Vision 2030 plan. Some 13 million mangrove seedlings have been planted since the launch of the ambitious coastal forest cover program a year ago, the Saudi Press Agency … Read more

BAHA: In the heart of Saudi Arabia's Baha region, a humble cactus is sparking an agricultural revolution. The pear, locally known as Al-Barshumi, has blossomed from a niche crop into a growing industry. Once confined to private farms, cultivation of cracker pears has stimulated scientific research and yielded a variety of food, medicinal and cosmetic … Read more

The US Justice Department filed a deal with Boeing on Wednesday in which the aerospace giant will plead guilty to a fraud charge for misleading US regulators who approved the 737 Max jetliner before two of the planes crashed, killing 346 people. The detailed settlement was filed in federal district court in Texas. The US … Read more