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ICD wins prize at the 2nd Islamic Economy Award

Jeddah-based Islamic Corporation for the Development of the Private Sector (ICD) emerged winner of the Money and Finance category at the 2nd Islamic Economy Award held at the Ritz-Carlton DIFC on Wednesday. Khaled Al-Aboodi, CEO, ICD, received the a [Read story...]

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NCB net income rises to record SR8.66b in 2014

JEDDAH — The National Commercial Bank (NCB) announced its record net income in 2014, which reached SR8.66 billion compared to SR7.85 billion for the previous year, achieving an increase of SR803 million, with a growth rate of 10.2 percent [Read story...]

BRJ creates 75,030 jobs in 2014

JEDDAH — Job creation within the private sector in Saudi Arabia is thriving as evidenced by the 2014 job creation results released Saturday by Bab Rizq Jameel (BRJ) – an initiative of Abdul Latif Jameel Community Initiatives (ALJC [Read story...]

Middle East

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5,000-yr-old underground city unearthed in Turkey

ARCHAEOLOGISTS in Turkey unearthed an underground city in the Central Anatolian province of Nev?ehir, already known for its Fairy Chimney rock formation, Turkey’s Hurriyet Daily News reported. A network of tunnels and passages, believed to [Read story...]

The US is trying ‘passive tough love’ in Iraq

WHEN the United States withdrew its last troops from Iraq at the end of 2011, both Washington and Baghdad said Iraq was ready to defend itself. The rise of radical and self-proclaimed Sunni group IS has proven that belief wrong. Yet senior White Hou [Read story...]

Sports

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Able leadership

Sat, 2015-01-31 00:34 I fully agree with the views expressed in the Friday Editorial (Jan. 30). With Custodian of the Two Holy Mosques King Salman at the helm the Kingdom is all set to move forward on the road to… [Read story...]

Sectarianism in Iraq

Sat, 2015-01-31 00:35 This is with reference to the report “Iraq troops watched as Shiite militiamen executed 72 Sunnis” (Jan.30). This is a perfect recipe for further turmoil in a country, which is already severely… [Read story...]