Tuesday, November 24, 2020

Saudi Arabia

Drastic decline in global crude price as fed cuts interest rate to zero

The Federal Reserve took yet another bold action on Sunday evening, announcing that the central bank would be slashing interest rates to zero percent. But the markets weren't impressed, with the Dow dropping over 2,000 points, and oil prices...

Coronavirus: Saudi Arabia temporarily prohibits pilgrimages to Mecca

The Saudi Kingdom has announced restrictive measures against citizens from coronavirus-affected countries. Riad has announced that pilgrims will be temporarily barred from entering Mecca in order to implement "international standards" to combat the spread of coronavirus worldwide. "The Kingdom says that...

America expels 21 Saudi military students

United States has expelled 21 Saudi military students after the deadly firearms attack on an American military base in Florida. During the investigation into the attack, jihadist material and child pornography were found, Attorney General William Barr said on...

Oil records $71.75, highest since mid-September 2019

Oil prices rose on Wednesday, as Brent crude futures recorded 68.94 dollars a barrel, an increase of 1%, as it rose earlier, recording 71.75 dollars per barrel, which is the highest increase since mid-September 2019, as futures contracts for...

Saudi Consulate in Hong Kong warns of SARS virus spread

Saudi Arabian Consulate in Hong Kong has warned its citizens that the Chinese authorities have announced 27 cases of severe acute respiratory syndrome (SARS) in Wuhan, central China, and according to Saudi foreign ministry, the embassy has warned of...

Jamal Khashoggi murder case: Saudi Arabia sentences five suspects to death

In the murder case of journalist Jamal Khashoggi, the judiciary in Saudi Arabia has sentenced five accused to death. On the other hand, two senior advisors to Crown Prince Muhammed bin Salman were exonerated, said the Prosecutor General in...

US President to sign $738 billion defense bill this week

The US Senate passed, on Tuesday, by an overwhelming majority, the annual defense bill of $738 billion, to pass to the President Donald Trump one of the most expensive defense budgets in the country's history. New bill will increase military...

Reform course: Saudi Arabia ends gender segregation in restaurants and cafés

Men and women are allowed to enter restaurants and cafés in Saudi Arabia in the future through the same entrance. In the strictly conservative country, the rule was that women and families must use one entrance and men another....

G20 presidency: Saudi Arabia to focus on women, climate protection and technical progress

Saudi-Arabia, with its chairmanship of the G20 group, wants to focus on topics such as women, climate protection and technical progress. The Saudi G20 Presidency, which began on Sunday, was designed to create conditions "in which all people -...

China supports Saudi Arabia to host next G20 summit

Chinese Foreign Minister Wang Yi said his country supports the G20 in giving priority to African affairs and strengthening efforts to help Africa overcome the obstacles of development and emerge from the "trap of underdevelopment" as he said, stressing...
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Mozambique and Tanzania launches joint operations against rebels

Mozambique and Tanzania would start joint operations to fight an insurgency, under an agreement that also includes the handover...
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US-based Chinese opponents support Trump’s allegation of fraudulent election

Some Chinese opposition activists in the field of human rights residing in the United States, who support Donald Trump's hard-line stance towards Beijing, have...

Systems Limited Wins Forbes Asia’s Best Under A Billion Award 2020

Systems Limited – a next-generation global technology company enabling enterprises to reimagine their businesses through information technology (IT) and business process outsourcing (BPO) services...

Global tax evasion hits $ 427 billion annually

Governments around the world lose about $ 427 billion annually due to fraud and tax evasion as companies and wealthy people divert their money...

Australian special forces involved in murder of 39 Afghan civilians, war crimes report alleges

According to the results of the years-long Canberra investigation into the conduct of Australian Special Forces personnel in Afghanistan between 2005 and 2016, the...