Author: admin

Gold, silver and copper prices fell on Friday after hitting record highs this week as nervous investors looked to lock in profits as hopes for aggressive U.S. interest rate cuts began to fade and the dollar began to stabilize. President Donald Trump announced Friday that he has selected former Federal Reserve Board member Kevin Warsh to head the U.S. Federal Reserve. The dollar index, which measures the U.S. currency against its peer, was steady on expectations for Warsh’s appointment. “The market believes Kevin Warsh is reasonable and won’t aggressively push for rate cuts,” said Tom Price, an analyst at Panmure…

President Donald Trump on Friday selected former Federal Reserve President Kevin Warsh to head the U.S. central bank when Chairman Jerome Powell’s term ends in May. This gives the frequent Fed critic a chance to implement his idea of ​​a “regime change” in monetary policy at a time when the White House is pushing for greater control over interest rate settings. “I’ve known Kevin for a long time, and I have no doubt that he will go down as one of the great Fed chairs, perhaps one of the best Fed chairs. Above all, he is ‘core casting and never…

ANKARA – The Kurdish-led Syrian Democratic Forces (SDF) announced on Friday that they had reached a new comprehensive agreement with the country’s central government, aimed at stabilizing a ceasefire that ended weeks of fighting and charting steps toward the integration of the two countries.Syrian state television confirmed the agreement, saying government officials said it would be implemented immediately.Damascus’s transitional government has been on the offensive with the SDF in the country’s north in recent weeks, aiming to consolidate control of the country after the overthrow of Bashar al-Assad in December 2024.However, last week’s ceasefire evolved into an agreement for the…

Colleagues of the late Abdullah Al Saqafi in the education sector in Jeddah will attend the wedding of his son Mohammed tomorrow Saturday night. This human scene embodies a sense of loyalty and gratitude for the long journey of work and giving that brought them together with their father in the field of education.Many of the deceased’s colleagues admitted that they took part in this occasion to appreciate the common history of professional and human brotherhood, pointing out that Ahmed and Muhammad have a special place in their hearts, and that they consider them everyone’s sons and an extension of…

The Saudi Authority of Auditors and Accountants has announced a series of new controls aimed at requiring formal licenses to practice the profession of financial consulting (excluding securities), strictly prohibiting any irregular activities, strengthening supervision in the sector, improving the quality of services and protecting customers from unprofessional conduct.Regulations approved by the authority’s board of directors state that the practice of financial consulting is limited to full-time Saudi nationals, with strict qualification requirements such as educational background, work experience, passing an approved training program, and membership in the authority before commencing activities.The authorities said part-time practitioners will not be allowed…

Mr. Abdullah bin Tuk Al Marri, Minister of Economy and Tourism and Chairman of the Board of Directors of the General Civil Aviation Authority (GCAA), discussed with Mr. Ranmohan Naidu Kinjarap, Minister of Civil Aviation of India, ways to strengthen joint cooperation in the field of civil aviation and further develop the bilateral partnership to support economic and investment growth between the two countries. The discussion took place at a bilateral meeting held on the sidelines of Abdullah bin Touk’s participation in the Wings of India 2026 conference in Hyderabad, India. During the meeting, both sides emphasized the strength of…

RIYADH — Riyadh is already on the move. With the Marathon Festival underway and all races sold out, the capital is gearing up for Saturday’s showpiece race, culminating in the 5th Riyadh International Marathon.The Saudi Federation for Sports for All will host the event from January 28 to 31, expanding for the first time into a four-day Riyadh Marathon Festival that combines elite competition with a public celebration of sport, health and community. Visitors taking selfies at the entrance to the marathon. (X @SportsforAll_sa) The 2026 edition, organized by the Saudi Federation for Sport for All and supported by the…

The Confederation of African Football (CAF) has officially announced the end of the refereeing dispute caused by some decisions between Morocco and Senegal in the 2025 African Cup of Nations final. Congolese referee Jean-Jacques Ndala was acquitted of responsibility and influential arbitration errors. In an official statement, the CAF Referees Committee confirmed that referee Ndala had not committed any offense requiring liability or punishment, noting that all his decisions were in full accordance with recognized competition law and the continent’s high arbitration standards.The committee explained that the investigation included a comprehensive and accurate analysis of all controversial cases using the…

Gold prices fell more than 7% on Friday, falling below the $5,000 milestone as the dollar strengthened with the impending appointment of a new Federal Reserve chairman, but the safe-haven gold is still on course for its biggest monthly gain since 1999 after hitting multiple record highs. Other precious metals also fell sharply due to profit-taking. Spot gold fell 7.5% to $4,992.05 an ounce by 0947 GMT. US gold futures for February delivery fell 6.4% to $4,985. Gold hit a record high of $5,594.82 on Thursday and is still up more than 15% this month, heading for its sixth straight…

The Saudi Ministry of Foreign Affairs announced that the Kingdom of Saudi Arabia welcomes the statement issued by the Syrian government regarding the ceasefire agreement between the Syrian government and the Syrian Democratic Forces (SDF), based on a comprehensive agreement that includes integration into the Syrian government and Syrian state institutions. The ministry said in a statement released on Friday that Saudi Arabia expects this comprehensive agreement to support Syria’s path to peace, security and stability, and contribute to realizing the aspirations of the brotherly Syrian people and strengthening national unity, SPA reported. Saudi Arabia also reiterated its full support…