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Trump hikes China tariff to 125%

The US president’s decision came shortly after Beijing announced a retaliatory tariff increase Read Full Article at RT.com

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White House ordered to reinstate AP

The Trump administration has been told to reinstate the AP to the press pool after a dispute over how the Gulf of Mexico is named Read Full Article at RT.com

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Kremlin says ‘difficult negotiations’ ahead on Ukraine

MOSCOW : The Kremlin on Sunday downplayed expectations for a rapid resolution to the Ukraine conflict, saying talks were just beginning and that “difficult negotiations” were ahead.
Delegations from Russia and Ukraine are set to hold separate talks with US officials in Saudi Arabia over the next 48 hours as President Donald Trump pushes for a rapid end to more than three years of fighting.
“We are only at the beginning of this path,” Kremlin spokesman Dmitry Peskov told Russian state TV.

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Saudi project restores historic Al-Hosn Al-Asfal Mosque in Asir

RIYADH: The historic Al-Hosn Al-Asfal Mosque in the Asir region has been restored as part of a national project, the Saudi Press Agency reported.

The second phase of the Prince Mohammed bin Salman Project for the Development of Historic Mosques aims to protect Islamic heritage and highlight traditional architectural styles.

Built in 1760, Al-Hosn Al-Asfal Mosque was renovated to preserve its original design and geometric shape while restoring its sustainable features.

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Saudi charity drives support for mosque projects, Umrah trips and Zakat Al-Fitr

RIYADH: The fifth National Campaign for Charitable Work, hosted on the Ehsan platform during Ramadan, continues to attract significant donations, focusing on mosque enhancements and worship services.

The campaign has funded more than 3,000 Umrah trips, built five mosques, maintained 46, and provided essential resources to 12, the Saudi Press Agency reported on Sunday.

Donations can be made via ehsan.sa or the donor service center at 8001247000, the SPA added.

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Saudi project clears 552 Houthi mines in Yemen

RIYADH: Members of Saudi Arabia’s Project Masam removed 552 explosive devices from various regions of Yemen last week.

The total included 513 unexploded ordnances, 35 anti-tank mines and four explosive devices, according to a recent report.

Ousama Al-Gosaibi, the initiative’s managing director, said a total of 485,501 mines had been cleared since its inception in 2018.

The explosives were planted indiscriminately and posed a threat to civilians, including children, women and the elderly.

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Public firms listed on Muscat bourse report 52.6% surge in profits

RIYADH: The net profits of public joint companies listed on the Muscat Stock Exchange surged 52.6 percent year on year to reach 1.339 billion Omani rials ($3.48 billion) in 2024.

This increase coincided with the listing of OQ Exploration and Production and OQ Base Industries in 2024, while energy companies recorded improved performance, with some moving from losses to profits, the Oman News Agency reported.

This falls in line with strong growth in Arab stock exchanges in 2024, where trading values surged 58.1 percent to surpass $1.03 trillion.

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Riyadh municipality unveils new investment opportunities across key sectors 

JEDDAH: Riyadh has unveiled new investment opportunities for 2025, covering commercial, residential, retail, industrial, and leisure projects to boost the city’s economy and development. 

The Riyadh municipality introduced 20 new investment prospects, covering more than 175,000 sq. meters across over 20 sites. These include mixed-use developments, existing retail spaces, mobile sports clubs, and areas allocated for concrete and construction material factories — along with a cafe and ATM setup. 

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More than 400 foreign trucks face fines in KSA

RIYADH: The Transport General Authority fined more than 400 foreign trucks in several regions of the Kingdom between March 16 and 21 for regulatory offenses.

The actions were part of the authority’s field campaigns on land transport activities aimed at enhancing compliance with regulations and laws, the Saudi Press Agency reported on Sunday.

The authority reaffirmed its zero-tolerance policy, which imposes a SR10,000 ($2,666) fine and a 15-day impoundment for first-time offenders.

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Global economic growth to average at 3.1% in next 5 years: IMF official 

RIYADH: Global economic growth is expected to average around 3.1 percent in the next five years, below the pre-pandemic level of 3.7 percent, according to an International Monetary Fund official.

Speaking at the China Development Forum in Beijing on March 23, Nigel Clarke, deputy managing director of the IMF, said that total factor productivity internationally, which measures the ability to create more outputs with the same inputs, has been growing at a slower pace since the 2008-09 global financial crisis.

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Party décor tips for your Eid Al-Fitr celebration

DUBAI: With Eid Al-Fitr on the horizon, you may be planning to host friends and family to mark the festivities.

Nahel Selo, creative director at Sedar Global, shares his décor tips.

Tip 1: Make a good first impression

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