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Monday, Aug 15, 2022
World's Arab Press Reports
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Why So Many CEOs are from India
Saudi Aramco's Amin Nasser: a homegrown engineer who reached the top
At an industry event this year in Riyadh, the Saudi energy minister paused at about 9 p.m. in front of some 1,000 people and told them it was bedtime for Amin Nasser, the chief ...
China unexpectedly cuts 2 key rates, withdraws cash from banking system
China's central bank unexpectedly cut a key interest rate for the second time this year and withdrew some cash from the banking system on Monday, to try to revive credit demand ...
Aramco's Q2 net income surges 90% to $48.4 billion
Saudi Aramco announced on Sunday its financial results for the second quarter of 2022, posting a 90% year-on-year (YoY) increase in net income and declaring a dividend of $18.8 ...
PDVSA pauses oil-for-debt shipments to Europe, wants product swaps
Venezuela has suspended new crude shipments to Europe under an oil-for-debt deal and has asked Italy's Eni and Spain's Repsol to provide it with fuel in exchange for future carg...
J&J talc powder sold in Saudi Arabia does not contain asbestos: SFDA
The Saudi Food and Drug Authority (SFDA) confirmed that the talcum powder that is manufactured by Johnson & Johnson (J&J), which is sold in Saudi Arabia, does not contain asbestos.
Extent of Instagram and Facebook tracking exposed
Meta apps inject a tracking code into websites when people are viewing them
King, Crown Prince offer condolences to El-Sisi over church fire
Custodian of the Two Holy Mosques King Salman and Crown Prince Mohammed bin Salman offered condolences to President Abdel Fattah El-Sisi of Egypt over the death of many people i...
Ukraine in default according to Fitch and S&P
Global rating agencies S&P and Fitch on Friday lowered Ukraine's foreign currency ratings to selective default and restricted default as they consider the country's debt restruc...
E-payments exceed cash transactions for 1st time in Saudi Arabia
Electronic payments have exceeded transactions in cash for the first time in Saudi Arabia, as its percentage shot up significantly to reach 57 percent in 2021 of the total numbe...
YouTube plans to launch streaming video service, WSJ reports
Alphabet Inc's (GOOGL.O) YouTube is planning to launch an online store for streaming video services, the Wall Street Journal reported on Friday.
MHRSD: 43 companies to recruit Indonesian house workers through 'Single Channel' system
Saad Al-Hammad, spokesman of the Ministry of Human Resources and Social Development (MHRSD), said that there are 43 companies that will be allowed to carry out direct recruitmen...
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