RIYADH: Saudi-based International Islamic Trade Finance Corp. has signed a $10 million agreement with the Asia Alliance Bank to bolster trade funds for Uzbekistan’s private sector. As part of the deal, the corporation will provide a $10 million financing arrangement to address trade budget needs, prioritizing small and medium-sized enterprises.
RIYADH: Egypt plans to build an electric and diesel car manufacturing factory with a production capacity of up to 6,000 vehicles in collaboration with Hinduja Group, one of India’s largest companies. The move will help bolster the North African country’s economy and create job opportunities for Egyptians. Egypt’s Minister of Planning and Economic Development Hala El-Said, who … Devamını oku
Saudi Media Forum embodies ambitious vision for enhancement and development, experts say RIYADH: Media experts have stressed the importance of the third Saudi Media Forum, which will be launched in Riyadh on Feb. 19. The forum embodies an ambitious vision to continue strengthening and developing the media sector in the Kingdom. The forum will include … Devamını oku
Riyadh: Damac FC may be named after nearby mountain Jabal Damac, but the club is currently scaling unusual heights in the Saudi Pro League. Sitting in sixth place ahead of Friday’s return to league action against Al-Shabab, the team are now closer to the Kingdom’s football summit than most observers would have expected this season. … Devamını oku
Russia and China clash with US and UK at UN over attacks on Yemen rebels for strikes on Red Sea ships UNITED NATIONS: Russia and China on Wednesday accused the United States and Britain of illegally attacking military sites used by Yemen’s Houthi rebels to launch missiles at commercial vessels in the Red Sea, disrupting … Devamını oku