National Hajj Commission of Nigeria, NAHCON, has confirmed the death of a female Nigerian pilgrim in Makkah, Saudi Arabia. Head of the Medical Team of NAHCON, Ibrahim Kana, confirmed the development while speaking with journalists in Makkah, yesterday. He said: “On the Makkah mortality, she was our patient; a known diabetic and we referred her […]
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Dozens of Saudi families flocked to the movies on Friday for the first time in almost 40 years after the lifting of a ban on a form of entertainment once deemed corrupting and un-Islamic. Tickets for the American superhero movie “Black Panther” went on sale online at midnight for 75 riyals ($20) and sold out […]
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Oil prices jumped more than 1 percent on Friday, pushed up by Saudi plans for OPEC and Russian led production curbs introduced in 2017 to be extended into 2019 in order to tighten the market. The rise in oil prices defied global stock markets, which slumped on the back of worries about a trade stand-off […]
Read More Saudi Arabia on Tuesday said its economy contracted for the first time in eight years due to painful austerity measures as it announced record spending to stimulate growth. The OPEC kingpin said gross domestic product for 2017 shrank by 0.5 percent due to a drop in crude production in line with an agreement with major oil […]
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Saudi Arabia will allow women into three sports stadiums for the first time from next year, authorities said Sunday, in a landmark move that would open up the previously male-only venues to families. The kingdom, which has some of the world’s tightest restrictions on women, has long barred women from sports arenas by strict rules […]
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Women will be allowed to drive for the first time next summer in Saudi Arabia, the ultra-conservative kingdom announced Tuesday, marking a significant expansion of women’s rights in the only the country that barred them from getting behind the wheel. While women in other Muslim countries drove freely, the kingdom’s blanket ban attracted negative publicity […]
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Switzerland is the world’s most competitive economy for a ninth straight year, the Geneva-based World Economic Forum’s annual rankings showed on Wednesday. Following is a table showing the top 30 countries, according to the World Economic Forum. 1 Switzerland 2 United States 3 Singapore 4 Netherlands 5 Germany 6 Hong Kong 7 Sweden 8 United […]
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Oil prices edged up on Monday after the Saudi oil minister discussed the possible extension of a pact to cut global oil supplies beyond March 2018 with his Venezuelan and Kazakh counterparts. The news of the talks on Sunday helped offset the downward pressure on oil prices amid worries that energy demand would be hit […]
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A Saudi woman has been arrested for defying the kingdom’s strict dress code by walking around in a miniskirt and crop top in a video that sparked public outrage. The woman, whose name was not given, was detained by police in the capital, Riyadh, for wearing “immodest clothes” that contradicted the country’s conservative Islamic dress […]
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The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics. “The next stage of the Information Revolution is under way, and building the businesses that will make […]
Read More Oil hit its highest in more than three weeks on Monday, topping $52 a barrel after Saudi Arabia and Russia said that supply cuts need to last into 2018, a step towards extending an OPEC-led deal to support prices for longer than first agreed. Energy ministers from the two countries said on Monday that supply […]
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Saudi Arabia is committed to stabilising the global oil market, the energy ministry of the world’s biggest oil exporter said on Tuesday, as prices fell below $48 a barrel. OPEC and non-OPEC countries last year pledged to reduce output by around 1.8 million barrels per day (bpd) as part of a concerted effort to curb […]
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