Middle-East News

Saudi Arabia’s AJEX Logistics Services expands into the US
RIYADH: Saudi Arabia’s economy is poised to benefit from the increasing number of working women as the Kingdom’s Vision 2030 initiative, aimed at enhancing female employment, has begun to demonstrate its potential economic impact, as outlined in a recent report...

Fed keeps rates unchanged and signals optimism about a potential ‘soft landing’
Oil Updates — crude falls as US rate hike expectations offset tight supply outlook RIYADH: Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as US interest rate hike expectations offset the...

Swiss parliament approves ban on full-face coverings like burqas, and sets fine for violators
GENEVA: The lower house of Switzerland’s parliament voted Wednesday to give final legislative passage to a ban on face coverings, such as the burqas worn by some Muslim women. The National Council voted 151-29 for the legislation, which was already approved by...

‘Horn chamber’ discoveries in AlUla offer clues about beliefs of ancient inhabitants
ALULA: Recent archaeological excavations in AlUla uncovered evidence of what appear to be sophisticated rituals carried out by Neolithic inhabitants of northwestern Arabia at the sites of what are known as “mustatils,” Neolithic structures where remains of...

Tokyo event showcases Saudi Arabia’s NEOM
RIYADH: Real estate has been considered one of the safest bets for investors globally and thanks to the Public Investment Fund, Saudi Arabia is now able to offer a sizable portfolio to the world. The opportunities are amplified by real demand in a swiftly...