Saudi Arabia introduces insurance for heritage buildings and artworks
RIYADH — The Ministry of Culture and the Insurance Authority launched the ‘Cultural Insurance’ product, which will help owners of artworks and cultural assets in the Kingdom to insure and…
Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital
The Saudi Electricity Company (SEC) has received approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the regulatory period 2024-2026. This marks an increase from…
New Russian Law Set to Legalize Industrial Crypto Mining
Last updated: April 29, 2024 19:30 EDT | 3 min read Russian lawmakers are poised to legalize the nation’s burgeoning industrial crypto mining sector, but could impose strict limits on…
ECB’s Knot: Increasingly confident about disinflation
The European Central Bank (ECB) Governing Council member and President of De Nederlandsche Bank (DNB), Klaas Knot, said on late Monday that Eurozone inflation is easing towards the 2% target,…
Minister of Finance participates in celebration of Golden Jubilee of Islamic Development Bank Group
Minister of Finance H E Ali bin Ahmed Al Kuwari participated in the official celebration of the Golden Jubilee of the Islamic Development Bank Group in Riyadh. Riyadh, Saudi Arabia:…
OHRC team visits injured Palestinians in Khoula Hospital
Muscat : The Oman Human Rights Commission (OHRC) team visited the Khoula Hospital to enquire about the treatment of injured Palestinians.A team from the Oman Human Rights Commission, headed by…
Dubai Municipality to ‘look into’ claims of some Indian spice brands containing adulterants – News
Amid international media reports that certain popular spices may contain carcinogens, Dubai Municipality (DM) has confirmed to Khaleej Times that “they are fully aware” of the news and are investigating…
Riyadh hosts Arab –European coordination meeting to support efforts for two-state solution
RIYADH — A coordination meeting of the Arab and European countries was held in Riyadh on Monday to support efforts to implement the two-state solution and recognition of the State…
BlockDAG’s Vesting Period Questions Ethereum ETF Approval, Dogecoin Forecast
Last updated: April 29, 2024 12:07 EDT | 2 min read The cryptocurrency market is dynamic, with Ethereum ETF approval and Dogecoin’s price forecast generating significant interest. Ethereum faces hurdles…
GBP/USD consolidates its gains above 1.2550, investors await Fed rate decision
GBP/USD takes a breather around 1.2560 in Tuesday’s early Asian session. The US Fed is expected to hold rates steady at its May meeting on Wednesday. Investors reduce their bets on BoE…