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RIYADH —Saudi Minister of Defense Prince Khalid bin Salman held on Monday a phone call with Morocco’s Minister Delegate to the Head of Government in Charge of National Defense Administration Abdellatif Loudyi. During the call, the ministers discussed ways to strengthen Saudi-Moroccan defense cooperation in a manner that fulfills the aspirations of the leaderships of both countries. They also reviewed joint efforts to support security and stability in the region amid current developments. Source: Saudi Gazette
Ofcom, a UK watchdog, recently claimed there is growing AI use among UK telecoms customers, with 8% of online adults now deploying the technology to manage their phone, broadband or pay-TV services. In a study spanning the period between 6 March and 30 June 2026, the regulator found 53% of UK adult internet users had interacted with a generative AI (genAI) tool or AI customer service chatbot in the past 12 months, highlighting the pervasion of the technology. Of those deploying AI for telecoms, 6% used it to resolve an issue, 3% to compare prices, products or services and 2%…
King Salman Humanitarian Aid and Relief Center (KSrelief) launched a voluntary open-heart surgery project in Bishkek, Kyrgyz Republic. Running from September 26 to October 3, 2026, the project involves 30 volunteers across various medical specialties. The center’s volunteer medical team has performed three surgeries, all of which were completely successful. The initiative is part of the relief, humanitarian, and volunteer projects the Kingdom implements through its humanitarian arm, KSrelief, to alleviate the suffering of patients and injured individuals wherever they may be. Source: Riyadh Daily
RIYADH — The Ministry of Environment, Water and Agriculture has approved new regulations governing camel trading across the Kingdom, covering the sale, purchase, rental and exchange of camels. The regulations are aimed at developing practices within the sector, protecting the rights of owners and traders, strengthening the livestock industry and promoting camel welfare. The ministry said the rules establish an integrated regulatory framework for camel-related transactions, strengthen documentation of ownership and commercial dealings, and improve compliance with health and biosecurity requirements. They apply to individuals and entities involved in the sale, purchase and trading of camels and are based on…
ASB Capital Secures Repeat Mandate from Kuwait International Bank with Joint Lead Manager and Bookrunner Role on USD 500 Million Sukuk Issuance
ASB Capital, a purpose-driven asset and wealth management firm with assets under management (AUM) of USD 10.2 billion, announced its appointment as Joint Lead Manager and Bookrunner on Kuwait International Bank’s (KIB) USD 500 million five-year senior unsecured Sukuk issuance. The transaction attracted investor orders exceeding USD 1 billion, representing over 2 times the issue size. The A-rated Sukuk is listed on the London Stock Exchange’s International Securities Market. ASB Capital participated in the transaction alongside a syndicate of leading regional and international financial institutions, including Citi, Standard Chartered Bank, QNB Capital, Emirates NBD Capital, KFH Capital, Boubyan Bank, KIB…
GSMA Intelligence recently forecast that global 6G connections would reach 2.4 billion users in 2035, marking a steady rise from approximately 50 million at the end of 2030 after initial launches. In its latest mobile technology forecast, the research arm of the GSMA tipped adoption of the technology to increase steadily, accounting for 0.5% of all global mobile connections by the end of 2030. It expects connections to hit 275 million by the end of 2031 and nearly 740 million in 2032. During 2033, 6G will reach the 1 billion connections milestone, ending the year at 1.3 billion before climbing…
India is witnessing an unprecedented food safety crackdown, with regulators forcing many local eateries and branded restaurants to suspend operations, while a push for front-of-pack warning labels has rattled the country’s more than $100 billion packaged food industry. India is a top growth market for global consumer giants such as PepsiCo, Coca-Cola, Mondelez and Nestle, and also thousands of small domestic sellers of traditional savouries and sweets. Here’s an explainer on why food safety is suddenly in the spotlight in India. Why is food safety a challenge in India? Consumers in India, the world’s most populous nation, have long complained…
RIYADH — The Ministry of Foreign Affairs expressed Saudi Arabia’s strongest condemnation of the continued provocative actions by the Israeli occupation authorities and a group of extremist settlers against Al-Aqsa Mosque, as well as their attacks on its sanctity and religious and historical status, under the protection of the occupation forces. Saudi Arabia reiterated its rejection of these violations of international law and the provocation they constitute to the feelings of Muslims worldwide. “The Kingdom condemns the Israeli statements regarding the annexation of areas in southern Lebanon and areas extending to the ‘yellow line’ in the Gaza Strip, and affirms…
An increasing number of people aged between 31 and 50 are now being treated for cardiac issues, according to data from a Dubai hospital’s catheterisation lab. Dr Naveed Ahmed, Head of Cardiac Services at Aster Hospitals & Clinics, UAE, describes the trend as “alarming”, noting that one of the youngest patients he treated was just 19 years old. “The 30 to 50 age group is the most productive age for any individual,” he told Khaleej Times. “They finish their education, start earning, start their family and support people back home. If such a person suffers, the entire family dependent on…
BELFAST — Tensions remained high in Northern Ireland on Monday after police prevented an early morning attempt by the Orange Order to make a controversial parade down a road that had previously been blocked by protesters. The stand-off followed a day of protests in which thousands gathered to block the road, while police kept the two sides apart. The dispute centres on the Drumcree parade, an annual march by the Orange Order, a Protestant organisation closely associated with British unionism. A group of men tried to march from Drumcree Church down the mainly nationalist Garvaghy Road in Portadown in the…
