CAIRO: The price of the US dollar rose against the Egyptian pound in recent days, with one dollar worth 49.25 Egyptian pounds. Egyptian economic experts attributed the increase to recent regional developments. “The biggest factor affecting the price of the dollar against the pound is remittances from Egyptians abroad,” says Dr. Alaa Ali, an economic … Read more
WASHINGTON: Israeli Prime Minister Benjamin Netanyahu said in an interview published on Thursday that he was “sad” that Hamas was able to carry out its October 7 attack, without explicitly claiming responsibility.Netanyahu, who has resisted apologizing for security failures in the wake of Israel's worst-ever attack and focused on destroying Hamas, was asked if he … Read more
CAIRO: The price of the US dollar rose against the Egyptian pound in recent days, with one dollar worth 49.25 Egyptian pounds.Egyptian economic experts attributed the increase to recent regional developments.“The biggest factor affecting the price of the dollar against the pound is remittances from Egyptians abroad,” says Dr. Alaa Ali, an economic expert.“If it … Read more
RIYADH: The board of Prince Mohammed bin Salman Royal Reserve Development Authority announced the launch of the reserve's integrated development plan, the Saudi Press Agency reported on Thursday. The plan is a roadmap in line with global standards covering the environmental, economic, social, tourism and cultural aspects of the 24,500 square kilometer reserve. The area … Read more
LONDON: A new report has revealed that US e-commerce platform Etsy is doing business with dozens of shops in illegal Israeli settlements. The report, published jointly by the Institute for Journalism and Social Change, Global Justice Now and War on Want, identified at least 44 Etsy shops operating in 16 different settlements deemed illegal by … Read more
SANAA: A Yemeni official said on Wednesday that 30 people have been killed and hundreds displaced in floods in the southern city of Hodeidah after days of heavy rains. Hodeidah Governor Mugammad Qahim told Houthi rebel-controlled Masirah TV that the floods displaced people from 500 homes. Five people were missing, he said. Hodeidah, the southwestern … Read more
Boeing's Starliner astronauts could return on SpaceX capsule in February 2025, NASA says WASHINGTON: NASA officials said Wednesday that the two astronauts delivered to the International Space Station in June by Boeing's Starliner may return on SpaceX's Crew Dragon in February 2025 if the Starliner is still deemed unsafe to return to Earth.The US space … Read more
Tokyo: A magnitude 6.9 earthquake followed by a 7.1 tremor struck off southern Japan on Thursday, the United States Geological Survey said. Tsunamis of up to one meter were expected to arrive or have arrived in some coastal areas on the islands of Kyushu and Shikoku, broadcaster NHK reported. The first quake occurred at a … Read more
RIYADH: Middle East stock markets continued to recover after “Black Monday”, when global indexes fell on worries about a potential US recession triggered by a weak jobs report from the world's biggest economy. Saudi Arabia's Tadawul All Share Index closed at 11,729.71, up 50.55 points, or 0.43 percent, on Wednesday. Total trading turnover for the … Read more
BEIRUT: Two people were killed – one a civilian and the other, the Israeli army said, the head of Iran-backed Hezbollah's anti-tank missile unit – and seven others were wounded on Wednesday in renewed Israeli hostilities in several towns in southern Lebanon. An Israeli drone targeted a motorcycle in the town of Jouaiyya at noon, … Read more
