Business & Money | Thursday 11 April, 2024 8:32 am

Gold hovers near all-time high as market focus turns to US data

Gold prices rose today, April 9, hovering near their lifetime high, supported by firm central bank buying, while investors are watching out for the Federal Reserve's policy meeting minutes and US.   The gold spot prices edged up 0.3% to $2,345.09 per ounce at 0621...

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Business & Money | Wednesday 10 April, 2024 6:07 am

China's new international land-sea trade corridor records $8.9 billion in TEUs transported

The New International Land-Sea Trade Corridor (ILSTC), which runs through the western part of China, is rapidly expanding, serving as a vital connection between the Silk Road Economic Belt, the 21st-Century Maritime Silk Road, and the Yangtze River Economic Belt. According to the People's...

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Business & Money | Wednesday 10 April, 2024 6:06 am

Forbes Middle East reveals Middle East’s Most Valuable Banks 2024

Forbes Middle East has revealed its ‘30 Most Valuable Banks’ ranking, featuring the resilient, profitable, and customer-centric banking titans in the region.As of February 23, 2024, the 30 banks had a combined value of US$581.1 billion, up 14 percent over the last 12 months. Gulf entities...

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Sports | Tuesday 9 April, 2024 1:57 am

Saudi Sports for All Celebrates Tremendous Success of Ramadan Tournaments

Saudi Sports for All (SFA) proudly announces the resoundingsuccess of its series of Ramadan tournaments, culminating in an unprecedented celebration ofsportsmanship, community, and healthy living across the Kingdom.The SFA Ramadan Domes tournament, held in Dammam, witnessed an...

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Government | Tuesday 9 April, 2024 12:44 am

Saudi Arabia to celebrate Eid Al Fitr on Wednesday

Saudi Arabia will celebrate Eid Al-Fitr on Wednesday, April 10. It said the crescent of Shawwal was not sighted, adding that the fasting will continue tomorrow.    ...

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Healthcare | Tuesday 9 April, 2024 12:36 am

Naba Alsaha to double bed capacity to 400 in 3 years: Chairman

Naba Alsaha Medical Services Co. plans to double its capacity from 180 beds in 2023 to 400 beds over the next three years, Chairman Abdulwahab Al-Ajroush told Asharq Business.   The company will focus during 2024 on the Riyadh Hospital project and the expansion of Al-Anwar Hospital...

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Business & Money | Tuesday 9 April, 2024 12:01 am

Saudi Arabia's private equity investments reach $4B in 2023

Saudi Arabia witnessed an increasing interest in private equity investments from 2019 to 2023, MAGNITT said in a recent report. The Kingdom's private equity investments reached a peak of nearly $4 billion in 2023, recording growth for three consecutive years since 2020. Private Equity...

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Environment & Energy | Monday 8 April, 2024 6:28 am

Energy Ministry seeks public feedback on regulations on violations of gas distribution provisions

The Ministry of Energy invited the public and those interested to express their opinions on the draft regulations as regards monitoring, proving, and investigating violations of the provisions on distributing dry gas and liquefied petroleum gas for residential and commercial purposes via the...

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Technology & IT | Saturday 6 April, 2024 7:33 am

Deepfakes for sell: Kaspersky warns of security concerns in the AI age

The widespread adoption of artificial intelligence (AI) and machine learning technologies in recent years is providing threat actors with sophisticated new tools to perpetrate their attacks. One of these are deepfakes which include generated human-like speech or photo and video replicas of people....

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Cars & Autos | Saturday 6 April, 2024 7:27 am

The Porsche World Road Show Event has returned to Saudi Arabia, promising unforgettable and unique driving experiences for enthusiasts.

SAMACO, the exclusive agent for Porsche cars in the Kingdom, has announced the much-anticipated return of the "Porsche World Road Show Event." This event is fully equipped to offer a distinctive experience for Porsche fans and customers, featuring a comprehensive driving experience with all Porsche ...

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