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Middle East

Saudi Arabia mulls relaxing ownership limits for foreign investors

Riyadh, Apr 27: Saudi Arabia’s Capital Market Authority (CMA) is considering relaxing a 49 percent limit for foreign strategic investors in shares of listed companies due to increased demand, its chairman Mohammed Al Kuwaiz said on Thursday.

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Iraq: Yazidis to accept children of Daesh rape into community

Irbil, Apr 26: The children of Yazidi women raped by Daesh men will be welcomed into the minority faith, a community leader said Thursday, allowing women taken as slaves by the militant group to return to Iraq from Syria....

Saudi Arabia leads global condemnation of Sri Lanka attacks

Riyadh, Apr 22: King Salman and other world leaders have condemned a series of blasts in Sri Lanka that killed more than 200 people on Sunday, including dozens of foreigners — with British, Dutch and American citizens believed to be...

Four killed in failed terrorist attack on interior ministry building north of Riyadh

Apr 21: Four heavily armed attackers were killed in a failed terrorist attack on an interior ministry building in Zulfi, north of Riyadh, Al-Arabiya TV said.

Videos circulating on social media show the dead armed with machine guns, bombs...

Over 1,000 millionaires flocked to UAE in 2018

Dubai, Apr 19: Dubai attracted more than 1,000 millionaires from outside the country, surpassing major cities like Los Angeles, Melbourne, Miami, New York, San Francisco and Sydney, according to the 'Global Wealth Migration Report' for 2019, developed recently by AfrAsia...

650 Rohingyas hold hunger strike at Saudi detention centre

Riyadh, Apr 18: Around 650 Rohingya refugees held in a Saudi detention centre on Wednesday went on hunger strike to protest against their indefinite detention in the Gulf country for the third time in recent months.

The refugees, held...

Saudi Arabia to host G20 leaders' summit in 2020

Riyadh, Apr 18: Saudi Arabia will host the annual G20 leaders' summit on November 21-22, 2020, in its capital, Riyadh, the Saudi press agency (SPA) said.

"Saudi Arabia is fully committed to the G20's objectives and to the stability...

Saudi Arabia beheads two men for killing Indian expatriate

Chandigarh, Apr 17: The foreign ministry has confirmed that two Indians, Satwinder Kumar of Hoshiarpur and Harjeet Singh of Ludhiana, have been beheaded in Saudi Arabia on charges of murdering a fellow Indian. The two were executed on February 28...

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NRI youth convicted in Dubai for hacking 15 websites

Dubai, Apr 16: A 33-year-old Indian man has been sentenced to three months in prison followed by deportation for hacking 15 websites, according to a media report.

The Dubai Court of First Instance on Monday charged the...

Iran flood death toll rises to 76, causes up to $2.5 bln damage

London, Apr 14: Seventy-six people have been killed in Iran by floods in recent weeks, according to a new toll published Sunday with warnings still in place for large swathes of the country.

“With the death of five people...