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Oil edges up on supply cuts, but recession fears cap market

SINGAPORE: Oil prices edged up on Tuesday, lifted by supply cuts led by producer club OPEC and US sanctions against Iran and Venezuela, but signs of a sharp economic slowdown and potentially even a recession kept markets from rising further.Brent crude oil futures were at $67.33 per barrel at 0416 GMT, up 12 cents, or…

Saudi finance ministry closes book on March sukuk issuance — agency
Business

Saudi finance ministry closes book on March sukuk issuance — agency

DUBAI: Bahrain’s liquefied natural gas (LNG) terminal will start commercial operations in May, with the first LNG shipment to be imported mostly from the UAE’s ADNOC, state media quoted the CEO of Bahrain’s National Oil and Gas Authority (NOGA) as saying.Bahrain LNG is the developer of the receiving and regasification terminal within the Khalifa bin…

Pentagon authorizes $1bn for Trump’s border wall
World

Pentagon authorizes $1bn for Trump’s border wall

LONDON: British MPs have voted to play a bigger role in Brexit, giving themselves the power to express their preference for different options in an unprecedented move that the government called “dangerous.”On Monday evening MPs won a vote that will allow them to seize control of parliamentary business on Wednesday by 329 to 302, with…

British MPs vote for bigger role in Brexit process
World

British MPs vote for bigger role in Brexit process

MEXICO CITY: The 500-year-old wounds of the Spanish conquest were ripped open afresh on Monday when Mexico’s president urged Spain and the Vatican to apologize for their “abuses” — a request Madrid said it “firmly rejects.”President Andres Manuel Lopez Obrador, an anti-establishment leftist, reopened the debate over Spain’s centuries of dominance in the New World…

Mexico demands apology for colonial ‘abuses,’ Spain hits back
World

Mexico demands apology for colonial ‘abuses,’ Spain hits back

MEXICO CITY: The 500-year-old wounds of the Spanish conquest were ripped open afresh on Monday when Mexico’s president urged Spain and the Vatican to apologize for their “abuses” — a request Madrid said it “firmly rejects.”President Andres Manuel Lopez Obrador, an anti-establishment leftist, reopened the debate over Spain’s centuries of dominance in the New World…

Dozens of Houthis killed as Yemen battles continue
Middle East

Dozens of Houthis killed as Yemen battles continue

JERUSALEM: A tense quiet took hold on Tuesday morning after a night of heavy fire as Israeli aircraft bombed targets across the Gaza Strip and Gaza militants fired rockets into Israel in what threatened to devolve into a major conflict, just two weeks before the Israeli election.Schools in southern Israel were canceled for the day…

Saudi Arabia joins Arab anger over ‘theft of occupied Golan Heights’
Middle East

Saudi Arabia joins Arab anger over ‘theft of occupied Golan Heights’

JEDDAH: Saudi Arabia joined Arab states on Tuesday in condemning a decision by the United States to recognize the occupied Golan Heights as Israeli territory. Breaking decades of international consensus, US President Donald Trump signed a proclamation at the White House on Monday recognizing Israeli sovereignty over the border area that Israel seized from Syria in…

US approves $3.8 billion F-16 sale to Morocco
Middle East

US approves $3.8 billion F-16 sale to Morocco

JEDDAH: Saudi Arabia joined Arab states on Monday in condemning a decision by the United States to recognize the occupied Golan Heights as Israeli territory. Breaking decades of international consensus, US President Donald Trump signed a proclamation at the White House on Monday recognizing Israeli sovereignty over the border area that Israel seized from Syria in…

King Faisal Prize: Rewarding services to all of humanity
Saudi Arabia

King Faisal Prize: Rewarding services to all of humanity

RIYADH: Saudi Arabia’s former ambassador to the US and UK, Prince Turki Al-Faisal, has praised the weekly “Preachers of Hate” project that Arab News launched online and in print on Sunday. “I think this is something that Arab News has stood for since its establishment more than 40 years ago,” he told the newspaper with…

Prince Turki: Purveyors of terror not from one religion
Saudi Arabia

Prince Turki: Purveyors of terror not from one religion

RIYADH: Saudi Arabia’s former ambassador to the US and UK, Prince Turki Al-Faisal, has praised the weekly “Preachers of Hate” project that Arab News launched online and in print on Sunday. “I think this is something that Arab News has stood for since its establishment more than 40 years ago,” he told the newspaper with…

Saudi Arabia retains world tourism body seat
Saudi Arabia

Saudi Arabia retains world tourism body seat

RIYADH: Prince Turki Al-Faisal’s father, the late King Faisal, was a beacon of aspiration and hope.  During his reign, the first girls’ schools were introduced, and he focused on educating the Saudi population as a whole to promote peace.  The King Faisal Foundation was founded by King Faisal’s sons and daughters to commemorate his memory…

Jean Pierre Hakim

الفصائل الفلسطينية تقصف المستوطنات الإسرائيلية بوابل من الصواريخ وسط تكبيرات سكان غزة، رداً على الغارات التي يشنها العدو الإسرائيلي على القطاع

الفصائل الفلسطينية تقصف المستوطنات الإسرائيلية بوابل من الصواريخ وسط تكبيرات سكان غزة، رداً على الغارات التي يشنها العدو الإسرائيلي على...

Godolphin happy with Thunder Snow ahead of Dubai World Cup defense
Sport

Godolphin happy with Thunder Snow ahead of Dubai World Cup defense

LONDON: Thunder Snow is preparing well as he bids to become the first horse to win back-to-back Dubai World Cups, according to Godolphin trainer Saeed bin Suroor.The five-year-old memorably won the showcase $12 million race at Meydan by five and three-quarter lengths, winning in a track record time last year. He returned to the track…

Cardiff to claim Emiliano Sala transfer ‘null and void’
Sport

Cardiff to claim Emiliano Sala transfer ‘null and void’

LONDON: Thunder Snow is preparing well as he bids to become the first horse to win back-to-back Dubai World Cups, according to Godolphin trainer Saeed bin Suroor.The five-year-old memorably won the showcase $12 million race at Meydan by five and three-quarter lengths, winning in a track record time last year. He returned to the track…

Bahrain LNG terminal to start commercial operations in May
Business

Bahrain LNG terminal to start commercial operations in May

DUBAI: Bahrain’s liquefied natural gas (LNG) terminal will start commercial operations in May, with the first LNG shipment to be imported mostly from the UAE’s ADNOC, state media quoted the CEO of Bahrain’s National Oil and Gas Authority (NOGA) as saying.Bahrain LNG is the developer of the receiving and regasification terminal within the Khalifa bin…

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