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Arabian Centres to float in $1bn-plus test of Saudi market strength

DUBAI: Arabian Centres, the Kingdom’s leading malls operator, is to raise up to $1.2 billion through a share listing on the Tadawul. The initial public offering (IPO) for the 17-year-old company — the biggest in Saudi Arabia since 2014 — will be made to Saudi and foreign institutions, in a further test of the Kingdom’s…

Seoul trying to convince US to extend Iran oil waiver
World

Seoul trying to convince US to extend Iran oil waiver

SEOUL: With about two weeks left to the expiry of the US waiver on imports of Iranian crude oil, concerns are growing about whether the six-month exemption will be extended. South Korean officials have been trying to convince Washington to extend the waiver, but say there has been no clear response. “Seoul and Washington had…

Muslim majority Indonesia set to vote in its biggest-ever poll
World

Muslim majority Indonesia set to vote in its biggest-ever poll

SEOUL: With about two weeks left to the expiry of the US waiver on imports of Iranian crude oil, concerns are growing about whether the six-month exemption will be extended. South Korean officials have been trying to convince Washington to extend the waiver, but say there has been no clear response. “Seoul and Washington had…

Afghan Grand Assembly to be convened despite boycott
World

Afghan Grand Assembly to be convened despite boycott

SEOUL: With about two weeks left to the expiry of the US waiver on imports of Iranian crude oil, concerns are growing about whether the six-month exemption will be extended. South Korean officials have been trying to convince Washington to extend the waiver, but say there has been no clear response. “Seoul and Washington had…

US says Sudan new regime can exit terror list if progress made
Middle East

US says Sudan new regime can exit terror list if progress made

WASHINGTON: The United States is willing to remove Sudan from its blacklist of state sponsors of terrorism if its new military leaders take tangible steps, a US official said Tuesday.Sudanese officials have for years sought to get off the list, engaging in inconclusive talks with the United States.A State Department official said that Washington had…

Trump vetoes congressional resolution to end US involvement in Yemen war
Middle East

Trump vetoes congressional resolution to end US involvement in Yemen war

WASHINGTON: US President Donald Trump has vetoed a congressional resolution that sought to end US involvement in the Saudi-led war in Yemen, the White House said on Tuesday.“This resolution is an unnecessary, dangerous attempt to weaken my constitutional authorities, endangering the lives of American citizens and brave service members, both today and in the future,” Trump…

Saudi Arabia’s war against hackers
Saudi Arabia

Saudi Arabia’s war against hackers

DUBAI: Saudi Arabia is the target of the highest number of cyberattacks in the Middle East, with over 160,000 hitting servers every day. The aim of the attackers is simple: To cripple the national economy by targeting the online systems of public and private sector organizations.Despite being one of the more technologically advanced nations in…

Prince Khaled bin Bandar bin Sultan, Saudi ambassador to the UK
Saudi Arabia

Prince Khaled bin Bandar bin Sultan, Saudi ambassador to the UK

DUBAI: Saudi Arabia is the target of the highest number of cyberattacks in the Middle East, with over 160,000 hitting servers every day. The aim of the attackers is simple: To cripple the national economy by targeting the online systems of public and private sector organizations.Despite being one of the more technologically advanced nations in…

Startup of the Week: Jilbab_NR: Putting a creative twist on the bisht
Lifestyle

Startup of the Week: Jilbab_NR: Putting a creative twist on the bisht

Celebrity stylist Kelly Lundberg offers fashion master class at Saudi Arabia’s KAEC JEDDAH: Celebrity stylist Kelly Lundberg concluded her final workshop at Views Hotel & Residences at the King Abdullah Economic City (KAEC) on Saturday.  Lundberg, an entrepreneur, author and keynote speaker, has styled for many important events around the world including the BRIT Awards,…

What We Are Reading Today: Falter by Bill McKibben
Lifestyle

What We Are Reading Today: Falter by Bill McKibben

Falter, the environmentalist Bill McKibben’s latest book about threats to the planet, combines fear of bad outcomes with hope for good outcomes.  It is a powerful and sobering call to arms, to save not only our planet but also our humanity. McKibben’s worst fear is summarized in his subtitle: Has the Human Game Begun to…

Greece: Free our marbles from British Museum’s ‘murky prison’
Lifestyle

Greece: Free our marbles from British Museum’s ‘murky prison’

RIYADH: The impact of terrorism on heritage sites will be highlighted in an exhibition that opens on Wednesday in Riyadh, the Saudi Press Agency reported. “Cities Destroyed by Terrorism” is a 30-day show organized by the Ministry of Culture under the patronage of Prince Badr bin Abdullah bin Mohammed bin Farhan Al-Saud. It is the…

20 years on, Solskjaer hopes for another Camp Nou comeback
Sport

20 years on, Solskjaer hopes for another Camp Nou comeback

BOSTON: Two-time Boston Marathon champion Lelisa Desisa turned onto Boylston Street with a sliver of a lead, leaning in front of two other runners with the finish line in sight.Unfortunately for him, one of them was the fastest man in the field.Lawrence Cherono needed every bit of his speed to outkick Desisa in a sprint…

Kenya’s Cherono wins men’s Boston Marathon in sprint to tape
Sport

Kenya’s Cherono wins men’s Boston Marathon in sprint to tape

BOSTON: Two-time Boston Marathon champion Lelisa Desisa turned onto Boylston Street with a sliver of a lead, leaning in front of two other runners with the finish line in sight.Unfortunately for him, one of them was the fastest man in the field.Lawrence Cherono needed every bit of his speed to outkick Desisa in a sprint…

Arsenal edge past 10-man Watford, move into top four
Sport

Arsenal edge past 10-man Watford, move into top four

Ole Gunnar Solskjaer knows all about overturning Champions League deficits at the Camp Nou.Twenty years after scoring a last-gasp winner there for Manchester United in the final against Bayern Munich, Solskjaer will be back in Barcelona’s stadium on Tuesday looking to mastermind an unlikely comeback for the English team from the touchline.United arguably has the…

Hulu buys back AT&T’s stake in $1.43 bln deal
Business

Hulu buys back AT&T’s stake in $1.43 bln deal

SYDNEY: Oil prices edged down on Tuesday after a Russian minister said the nation and OPEC may boost crude output to fight for market share, checking a recent sharp rally driven by tighter global production.Brent crude oil futures were at $71.08 a barrel at 0111 GMT, down 10 cents, or 0.1 percent, from their last…

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