Alwast News | Latest News - Page 2
US government to Implement 10% Cap on Rent Increases for Affordable Housing Unit
asmaa - In an effort to address concerns over rising rents and housing affordability, the administration of U.S. President Joe Biden is set to unveil a significant policy initiative.
GCC Banks Set for Record Dollar Debt Issuance in Q1 2024
asmaa - Fitch Ratings predicts that GCC banks would issue more dollar-denominated debt in the first quarter of 2024 than in any previous year, surpassing both the record-breaking $25.2 billion in 2020 and the entire year of 2023.
Saudi Central Bank February net foreign assets dropped by $7.20 billion
asmaa - In February, the Saudi central bank witnessed a decline in its net foreign assets, as per the data released by the central bank on Friday. The decrease amounted to $7.20 billion compared to the previous month's figures.
A Huge Fire Engulfs Indonesian Ammunition Depot; No Casualties Reported
asmaa - A significant fire erupted at a military ammunition facility in Bekasi, just outside Jakarta, causing explosions and emitting thick smoke into the sky. While the blaze originated in an area designated for expired ammunition storage, there were no...
UAE: ADNOC Gas Shareholders Endorse $1.625B Cash Dividend Distribution
asmaa - Abu Dhabi National Oil Company’s gas subsidiary, ADNOC Gas, has announced its intention to distribute a substantial cash dividend of AED 5.9 billion ($1.625 billion).
Recalled Japanese health supplements cause 5 deaths and over 100 hospitalization
asmaa - In the aftermath of the recall of a range of Japanese health supplements, the repercussions have been severe, with five fatalities and over 100 individuals hospitalized as of Friday.
Saudi Arabia witnesses increased travel rates during Ramadan 2024
asmaa - Saudi Arabia is actively diversifying its economy away from oil dependence by investing significantly in non-oil sectors, a move aimed at spurring growth rates and fostering economic resilience.
The launch of European Sleeper night train extended route to Prague from Berlin
asmaa - European travelers now have the opportunity to embark on a seamless journey from Brussels to Prague, courtesy of the inauguration of a novel sleeper train service.
Japan introduces next-generation passenger plane project
asmaa - On Wednesday, Japan revealed plans to develop a next-generation passenger jet within the next ten years.
Qatar Commercial Bank announces the launch of $750mln in 5-year bonds
asmaa - Qatar-based Commercial Bank has recently initiated the issuance of $750 million worth of bonds in U.S. dollars, with a maturity date set for 2029, according to documentation provided by one of the arranging banks on Tuesday.
The Saudi government spotlights green initiatives and regional diplomacy
asmaa - During a Cabinet session overseen by Crown Prince and Prime Minister Prince Mohammed bin Salman in Jeddah, the Kingdom demonstrated its unwavering commitment to environmental sustainability, regional diplomacy, and humanitarian endeavors.
Saudi Arabia: More than 59000 seasonal visas expected to be issued this year
asmaa - The Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi, anticipates the issuance of over 59,000 seasonal visas for various professions from multiple countries in 2024.
An Indian student died after being struck by a truck in London
asmaa - An Indian student, Cheistha Kochhar, tragically lost her life in London last week after being struck by a truck while cycling back to her apartment.
Dubai: Huspy Unveils Competitive Mortgage Rates for Real Estate Buyers
asmaa - Huspy, a pioneering real estate startup in Dubai, has introduced a groundbreaking range of mortgages in the UAE, boasting interest rates below 4 percent.
Dell Implements No-Promotion Policy for Remote Employees in New Directive
asmaa - Dell communicated its new policies, set to take effect in May, through an internal memo that outlined requirements for hybrid staff.
Sri Lanka Central Bank Cuts Interest Rates by 0.5% for Growth Boost
asmaa - Sri Lanka's central bank made an unexpected move on Tuesday by announcing a 0.5 percent reduction in interest rates, a decision aimed at bolstering growth prospects amidst the country's severe financial crisis.
Indian Navy Holds 35 Somali Pirates, Remanded to 10-Day police Custody
asmaa - The 35 Somali pirates who were captured by the Indian Navy on board the INS Kolkata following a 40-hour operation were given 10-day police detention by a Mumbai court.
Russians Mourn Victims, Lower Flags After Concert Hall Attack Tragedy
asmaa - Russia mourned on Sunday as flags flew at half-mast following a horrific attack at a rock concert near Moscow, marking the deadliest assault on Russian soil in two decades.
Magnitude 6.1 Quake Strikes Off Indonesia East Coast
asmaa - Indonesia's geophysics agency announced on Sunday the occurrence of a magnitude-6.1 earthquake off the coast of East Nusa Tenggara province.
Saudi Arabia Selected to Chair WTO's Dispute Settlement Body for 2024-2025
asmaa - The General Council of the World Trade Organization (WTO) has ratified the appointment of Ambassador Saqer Al-Moqbel, the Saudi Permanent Representative to the WTO, as the chair of its Dispute Settlement Body (DSB) for the term spanning 2024–2025.
Saudi Arabia: UN Internet Governance Forum to be Hosted in Riyadh
asmaa - The 19th edition of the Internet Governance Forum (IGF), an annual event organized by the United Nations, is scheduled to take place in Riyadh, the capital city of Saudi Arabia.
Visa Exemption for Saudi Citizens Traveling to Albania and Kosovo
asmaa - On Wednesday, the Albanian government issued a decision granting entry to Saudi citizens holding valid passports into Albanian territory without requiring a visa.
Pakistan: Imran Khan Foresees Short Tenure for Shehbaz Sharif Government
asmaa - Former Pakistan Prime Minister Imran Khan, currently imprisoned, expressed skepticism regarding the longevity of the current Shehbaz Sharif-led government, foreseeing his own release from incarceration within the next five to six months.