JEDDAH — Thunderstorms accompanied by hail and active winds are expected over parts of the Kingdom on Tuesday, while temperatures are forecast to reach up to 46°C in some areas, according to the National Center for Meteorology (NCM). For the NCM’s rain forecast, moderate to heavy thundery rain accompanied by hail and active winds is expected to continue over parts of Jazan, Asir and Al-Baha, extending to the highlands of the Makkah and Madinah regions. Temperatures are expected to remain high over the Eastern Province, while active winds stirring up dust are forecast over parts of the central and southern…
Author: Editorial Team
WASHINGTON — The United States is preparing to revoke business and tourism visas of up to 200,000 foreigners who have applied for or are seeking asylum status in the country, marking its latest step in a sweeping immigration crackdown. A State Department spokesman said it was coordinating with the Department of Homeland Security “to identify and revoke the non-immigrant visas of foreigners who have come to the United States claiming to be short-term visitors, but then file for asylum to stay here permanently.” The State Department statement did not specify the number of visas that will be revoked in the…
Tarik Erk, Head of MENAT & Senior Executive Officer Abu Dhabi at Binance, outlines how changes to the cyber threat landscape have impacted the financial ecosystem and the role of apps within it. For years, the promise of financial technology was that it would make managing money simpler. Instead, for many people, it created another kind of complexity. We invest through one platform, save through another, make payments through a third, send money internationally through a fourth, and move between banks, brokers, wallets and exchanges to access different markets. Every additional service brings another account, another interface, another verification process…
HONG KONG, 25th August, 2026 (WAM) — The US dollar struggled to hold onto gains against major peers on Tuesday. The euro was a shade higher at $1.1668, hovering near a three-month peak hit last week, while sterling was 0.1 percent stronger at $1.3639, near its six-month peak. The Canadian dollar held flat at $1.3844, steadying after a 0.6 percent dip in the previous session, as the US threatened to raise tariffs on Canadian goods after trade negotiations collapsed. The Japanese yen strengthened a tad to 159.21 per dollar, having given back most of its intervention gains but still well…
TORONTO — Canada said it will announce retaliatory tariffs against the United States on Tuesday after relations deteriorated sharply Monday, with President Donald Trump telling Canadian leaders to “fall in line” or face consequences “far worse” than existing tariffs. Trump also threatened new 50 percent tariffs on Canadian vehicles, auto parts and steel as of 1 January, while Prime Minister Mark Carney said US trade demands showed Washington wanted to “destroy our major industries,” including autos, steel and aluminum. Late on Monday, Canada officials announced a news conference on Tuesday where they would outline how the country would respond to…
ABU DHABI, 24th August, 2026 (WAM) — The UAE insurance sector continued its strong growth in 2025, recording improvements across most key performance indicators, driven by higher gross written premiums, paid claims, technical provisions and total assets, reflecting the sector’s strength and its growing role in supporting the country’s financial and economic stability. Data from the annual statistical report on insurance activity in the UAE, issued by the Central Bank of the UAE, showed that gross written premiums rose to AED74.8 billion in 2025, up 14.9 percent from AED65.1 billion in 2024. Total paid claims increased to AED46.2 billion, up…
RIYADH — Roshn Saudi League newcomers Diriyah Club strengthened their squad with three major signings, bringing in Darwin Nunez, Enzo Millot and Adil Boulbina as they prepare for their first season in the Saudi top flight. Nunez joins on loan from Al Hilal, while Millot arrives on a temporary deal from Al Ahli. Algeria international Boulbina has completed a permanent transfer from Qatar’s Al Duhail. The move gives Nunez, 27, a fresh opportunity in the RSL following his first season with Al Hilal after joining the Riyadh club in a high-profile transfer from English Premier League side Liverpool. The Uruguay…
Murad Ali, Head of Middle East & Central Asia, Logitech for Business. Logitech recently announced its participation at LEAP 2026 in Riyadh, Saudi Arabia, from August 31st to September 3rd, 2026. With a key focus on AI-Enabled Collaboration, Logitech will present its AI-powered, human-centric products aimed at improving productivity, fit for future-ready workplaces and contributing towards Saudi Vision 2030 goals. Murad Ali, Head of Middle East & Central Asia, Logitech for Business, said: “Logitech is proud to be part of LEAP, a platform where we can showcase our cutting-edge technologies that help advance Saudi Arabia’s goals outlined in Vision 2030.…
stc group, a leading digital enabler, has concluded its third consecutive year as a Founding and Elite Partner of the Esports World Cup 2026 — closing out the tournament’s first-ever edition outside Saudi Arabia with a grand final at the iconic Accor Arena in Paris, attended by the Crown Prince Mohammed bin Salman. This year’s edition was the largest in the tournament’s history, bringing together more than 2,000 professional players and 200 clubs from over 100 countries, competing across 25 tournaments and 24 games titles for a prize pool, valued at more than $75million. When the Esports World Cup expanded…
DUBAI, 24th August, 2026 (WAM) — Dubai Chambers has highlighted the continued expansion of economic ties between Dubai and India, driven by growing trade and investment flows and increasing cooperation in future-focused sectors. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, discussed the strength of bilateral relations during a panel session at The Economic Times World Leaders Forum 2026 in New Delhi. The event brought together leading investors and senior executives from India and around the world and was attended by His Excellency Narendra Modi, Prime Minister of India. During the session, Lootah revealed that Dubai’s non-oil trade…