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Oxford is ranked world’s top university

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The University of Oxford, the oldest university in the English-speaking world and feeder for the British elite, has topped a global education ranking for the first time, but its vice-chancellor warned that Brexit could damage its long-term prospects. Oxford knocked the leader for the last five years, California Institute of Technology, into second place in […]

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Van Cleef & Arpels unveils hard stones & diamond collection

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INSPIRED by its rich heritage, Van Cleef & Arpels unveiled its brand-new jewelry collection in the Saudi market at Centeria Mall in Riyadh. The new Perlée Collection embodies new creations that reassert its rounded aesthetic. It includes Three Between the Finger Rings that give pride of place to hard stones, while a diamond set pendant […]

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Gunman kills Jordanian writer charged over anti-Islam cartoon

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A gunman shot dead Jordanian Christian writer Nahed Hattar on Sunday as he was about to go to court to stand trial on charges of contempt of religion after sharing on social media a caricature that was seen as insulting God and Islam. Nahed Hattar, a prominent activist who was a supporter of Syrian President […]

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World Bank arm for poorest enters capital markets

A man is silhouetted against the logo of the World Bank at the main venue for the IMF and World Bank annual meeting in Tokyo

The arm of the World Bank serving the poorest countries has received its first-ever public credit ratings, allowing it to borrow on international capital markets, the global lender announced Thursday. The International Development Association, which offers grants and concessional loans to the world’s 77 poorest countries, received the top triple-A rating with a stable outlook […]

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2017 Muslim Women Summit to be held in Istanbul

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Istanbul will host the 2017 Muslim Women Summit, the president of the Turkish Asian Center for Strategic Studies (TASAM) revealed Saturday while attending this year’s gathering in Kuala Lumpur. Süleyman Şensoy told Anadolu Agency that a declaration on the 2017 summit and the organization’s secretariat moving to Istanbul would be made later during the “Muslim […]

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Bangkok outranks London as the world’s number one travel destination

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The growth in the number of visitors remained strong in Bangkok despite various negative developments, whereas Istanbul fell by three ranks compared to last year amid a string of terrorist attacks and a failed coup Bangkok is the world’s top destination city by international overnight visitor arrivals, according to an annual ranking released Thursday. The […]

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Riyadh turns green

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The capital city has turned green with national flags and banners on lampposts and main roads greeting people on the occasion of National Day while many people are seen wearing the national colors to mark the founding of the modern Kingdom 86 years ago by the legendary King Abdul Aziz. Riyadh Municipality has set up […]

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$1.3 million worth solar yacht built in Antalya handed to Australian owner

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A $1.3 million worth of luxury yacht built in southern Antalya province, which can solely operate on solar power, was handed over to its Australian owner on Wednesday. The yacht named “Solarwave 62″ was built in Antalya Free Zone (ASBAŞ), Turkey’s leading site for luxury yacht and mega yacht construction. The upper surface of the […]

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Saudi Arabia to play key role in global theme park industry

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Saudi Arabia will play a pivotal role in the global theme park and amusement industry, according to Abdul Rahman Falaknaz, chairman of International Expo Consults (IEC), the organizers of the DEAL 2017 show. Highly innovative and creative theme park concepts in Saudi Arabia will be one of the key factors that will attract and drive […]

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Abraaj may buy Middlesex University’s Dubai campus Private universities in Dubai

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Emerging markets-focused private equity firm Abraaj Group is in discussions to acquire Middlesex University’s overseas campus in Dubai, in a deal that could be worth around $55 million to $70 million, sources familiar with the matter said on Wednesday. In June, Abraaj was chosen by shareholders of the university campus, which is owned by individual […]

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Archaeologists dig Afghanistan, map its cultural heritage

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For archaeologists Afghanistan, rich in ancient treasures and once a key stop on the legendary silk road, is an “open-air museum”, albeit one ravaged by war and plagued by looters. After 30 years of conflicts, Afghanistan’s cultural heritage is in dire straits, but one group of archaeologists is trying to put the country’s historical sites […]

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Dutch say EU’s biggest field is running out of gas

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The Groningen natural gas field, the largest in the European Union, is running out of reserves, with an estimated 17 years left before stocks will be depleted, The Netherlands announced on Sept. 16. “Dutch natural gas is nearly finished,” said Peter Hein van Mulligen, chief economist at the country’s Central Statistics Bureau (CBS). “Since natural […]

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A 10-month Umrah season proposed

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The expansion of the holy mosques takes into account the expected surge in Muslim population worldwide by 2030. (AN photo by Ahmed Hashad) RIYADH: A government proposal to extend the Umrah season from the current eight months to 10 is being considered, local media said quoting informed sources. The proposal, according to which Moharram and […]

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Saudi Railways Organization orders 238 passenger trips per week

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The SRO has increased the number of passenger trips as it caters to a growing public demand. DAMMAM: The Saudi Railways Organization (SRO) has increased the frequency of trains between Riyadh, Dammam, and Hufuf to 238 trips per week starting from Sept. 18, coinciding with the start of the new academic year. The trips between […]

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UN must stop Indian violence in Kashmir, says Pakistan

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Pakistan has called on the permanent members of the U.N. Security Council to press India to halt more than two months of violence in Kashmir . The appeal comes a day after suspected rebels attacked an Indian army base in Kashmir, killing 17 soldiers. The Foreign Office said Monday that Prime Minister Nawaz Sharif has […]

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Sterling bounces back above $1.30

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Sterling staged a modest recovery on Monday after its worst week in 10, as traders bought back the currency after it fell below $1.30 for the first time in a month on Friday. The pound skidded more than 2 percent against the dollar last week after the Bank of England left the door open to […]

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Stability secured in Russia as Putin’s party dominates Duma election

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Russia’s ruling United Russia party secured more than 50 percent of the vote in Russia’s parliamentary election held on Sunday, paving the way for President Putin to glide in to a fourth term in 2018 elections The United Russia party backed by President Vladimir Putin has won 54.2 percent of the vote in a parliamentary […]

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Bank Islam launches Asia Pacific’s first shariah-compliant business credit card

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Bank Islam Malaysia Bhd has launched Asia Pacific’s first shariah-compliant business credit card, targeted at large corporations and small medium enterprises. Its managing director Datuk Seri Zukri Samat said the new initiative, with support from Visa, is aimed at increasing its portfolio and product mix to better serve the needs of its clients. “We believe […]

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Tourism scores over Islamophobia in Paris

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IBRAHIM NAFFEE: If you visit Champs-Élysées boulevard in Paris, you will feel you are in one of the major Arab cities due to the high number of Arab residents and tourists there. Paris is one of the best cities blended with different civilizations.People from different countries and religions visit Paris and play a pivotal role […]

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Saudi economy to generate 5.7m jobs by 2020

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The Saudi economy is poised to generate 5.7 million jobs by 2020, but the Saudi work force is expected to get less rates of the available jobs compared to foreigners at 45 percent and 55 percent, respectively, according to a study.The study titled “Assessment of the ability of Saudi economy to generate suitable and sustainable […]

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