The globe lanterns over Santa Monica Boulevard will illuminate in purple and gold from Sunday, March 5, 2023 to Wednesday, March 22, 2023 as the City of West Hollywood will observe National Women’s History Month in March with a number of online events in order to acknowledge and respect women and women’s history. The City […]
According to reports, Prince Harry and Meghan Markle are shocked by the reception to their back-to-back tell-alls. Several royal experts claimed the sympathy for the Duke and Duchess of Sussex has rapidly diminished after the couple decided to speak out on many occasions as it is believed that their etiquette is making people think twice about the […]
On Monday, the “Friends” actress received a star on the Hollywood Walk of Fame, and her co-stars and best friends from the sitcom, Jennifer Aniston and Lisa Kudrow, were present to celebrate the milestone with her. Courteney Cox, an actress known for her role in the popular TV show “Friends,” was honored with a star […]
Swiss bank Edmond de Rothschild Group has announced the establishment of its Middle East and North Africa (MENA) hub in Dubai’s Dubai International Financial Centre (DIFC) as part of its strategy to expand its presence in the region. The bank, founded in 1953, has been catering to the MENA market from Switzerland, but the establishment of its presence in Dubai will ensure proximity to its clients and leverage the expertise it has built up in the region.
Saudi Arabia’s textiles and fabrics industries have seen investments worth over $1 billion, as the industrial sector in the country undergoes significant development, according to Majed Al-Argoubi, the CEO of the Saudi Authority for Industrial Cities and Technology Zones, also known as MODON. This funding has been distributed over 125 industrial contracts in 19 industrial cities, covering a total area of more than one million sq. m. The textiles and men’s supplies sector is experiencing high growth in the country, as most of its raw materials are sourced from Saudi Arabia, making it an attractive sector for investments, Al-Argoubi said.
The European Union’s crisis management commissioner, Janez Lenarcic, has called for the expansion of the donor base for global humanitarian aid during his visit to the Delegation of the European Union to Saudi Arabia in Riyadh. Lenarcic noted that the current donor base is narrow, with the 10 largest donors contributing more than 80% of global humanitarian aid, which he believes is neither fair nor sustainable. He urged others who are capable of contributing more to assume greater responsibility for providing humanitarian assistance to those in need.
Saudi Basic Industries Corporation (SABIC), one of the world’s largest petrochemical companies, reported a 28.35 percent decline in net profit to SR16.53 billion in 2022. The decline was attributed to lower profit margins and rising distribution costs. However, the company’s sales volume increased by 9 percent from the previous year, driven by growth projects, improved […]
On Tuesday, it was reported that a cholera outbreak had occurred in the northwestern region of Syria. The outbreak was linked to the devastating earthquake that had struck Turkey and Syria earlier. The Syrian opposition-run civil defense informed that 22 people had already died, and there were 568 confirmed cases of infection.
Saudi Arabia’s President of the Human Rights Commission, Hala Al-Tuwaijri, recently affirmed the Kingdom’s commitment to improving and protecting human rights, respecting cultural diversity, and promoting equality. Speaking at high-level meetings of the UN Human Rights Council in Geneva, Al-Tuwaijri highlighted the Kingdom’s unprecedented reforms as part of its development Vision 2030, including significant improvements in the field of women’s empowerment.
Abu Dhabi’s Hub71, a global technology hub backed by the Abu Dhabi government and Mubadala Investment Company, has unveiled a new ecosystem called Hub71+ Digital Assets. The ecosystem is designed to accelerate the growth of Web3 startups, and will offer access to venture capital companies, customers, technology providers, blockchain platforms, and the regulator, the Abu Dhabi Global Market. The venture capital companies will offer a $2 billion investment to qualifying companies, with plans to further expand the investor network for digital assets.
