Business & Money | Sunday 24 July, 2022 11:53 am

Saudi Investment Bank shareholders set to receive $80m dividends for H1

The Saudi Investment Bank, known as SAIB, will distribute cash dividends amounting to SR300 million ($80 million) for the first half of 2022. The per-share payout stands at SR0.30 which will be distributed to 1 billion eligible shareholders on Aug. 14, a bourse filing revealed. Last year, ...

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Healthcare | Sunday 24 July, 2022 11:40 am

UAE announces 3 new monkeypox cases

The UAE announced on Sunday three new monkeypox cases, as the country’s health authorities closely monitor the disease. Members of the community are being urged by the Ministry of Health and Prevention (MoHAP) to take safety and preventative measures while traveling or when surrounded by...

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Culture & Education | Sunday 24 July, 2022 10:47 am

Saudi Arabia reports 338 new COVID-19 cases, 1 death

Saudi Arabia reported 338 new cases of COVID-19 on Saturday, according to the Ministry of Health. As a result, the total number of cases in the Kingdom over the course of the pandemic grew to 807,215.The authorities also confirmed one new COVID-19-related death, raising the total number of...

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Business & Money | Sunday 24 July, 2022 9:35 am

Hamdan bin Zayed visits 18th edition of Liwa Date Festival

Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region, hailed the directives and support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan for the Liwa Date Festival as it is one of the most important heritage festivals that celebrate the palm dates product and...

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Government | Sunday 24 July, 2022 9:27 am

Saudi crown prince and Kazakhstan president hold talks, review bilateral ties

Saudi Arabia's Crown Prince Mohammed bin Salman held talks with visiting Kazakhstan President Kassym-Jomart Tokayev in Jeddah on Saturday and the two leaders reviewed the bilateral relations between their countries, the Saudi Press Agency reported. The crown prince and Tokayev also discussed...

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Sports | Saturday 23 July, 2022 3:11 pm

Zinchenko leaves Man City to join Arsenal for $36M

Oleksandr Zinchenko became the second player to leave Manchester City to join Arsenal in this offseason after signing for a reported fee of 30 million pounds ($36 million) on Friday.Arsenal manager Mikel Arteta, who was assistant coach at City from 2016-19, has already signed Gabriel Jesus from his ...

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Business & Money | Saturday 23 July, 2022 3:09 pm

Sharjah rakes in $517m in real estate sale transactions

There were 747 real estate sale transactions in Sharjah in June, totaling AED1.9 billion ($517 million), the Emirates News Agency reported.This figure includes 358 mortgage transactions worth AED764 million.“Despite being impacted by the global economic conditions since last February, the sector...

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Business & Money | Saturday 23 July, 2022 3:08 pm

Dubai issues ‘Musataha’ land decree to spur real estate investment

Dubai has issued a new law to spur real estate investment through public-private partnerships.Sheikh Mohammed bin Rashid Al-Maktoum, vice president and prime minister of the UAE, issued the decree that regulates “Musataha” rights on commercial land in Dubai, Emirates News Agency...

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Business & Money | Saturday 23 July, 2022 3:06 pm

Twitter, in Musk fight, posts $270M quarterly loss

Twitter reported a quarterly loss Friday as revenue slipped even as its number of users climbed.The social media company’s latest quarterly earnings figures offered a glimpse into how the social media business has performed during a months-long negotiation with billionaire and Tesla CEO Elon Musk ...

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Culture & Education | Saturday 23 July, 2022 3:03 pm

Snapchat+ will target ‘most passionate and dedicated community members’

An ad-supported Snapchat subscription service was launched last month in select countries, including the UAE and the Kingdom, with a company spokesperson telling Arab News it would target the platform’s “most passionate and dedicated community members.” Snapchat+ costs $3.99 per month...

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