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The death toll from last weekend’s landslides in Indonesia’s West Java province has risen to 50, with 33 still missing.Indonesian police in the province reported today that the Disaster Victim Identification Team had received 50 bodies from the collapse site in the West Bandung area, after additional recovery operations by the joint search and rescue team, adding that 34 victims had been identified.Four Indonesian navy members were among those confirmed dead after a hill collapsed early Saturday, sweeping away tons of mud and debris over a village, the Indonesian navy said.Indonesian authorities said search and rescue operations involving military, police…
Today, the main stock index of the Saudi stock market rose by 111.21 points to reach a level of 11,381.83 points, with a trading value worth 6.6 billion riyals.According to the Saudi News Agency’s daily economic bulletin for the Saudi stock market, the value of stock trading reached 326 million shares, of which 204 companies recorded gains, while 56 companies closed with declines.In trading, stocks of companies in Al Sharq Pipeline, Shams, Al Asir, Ceramics and Electrical Industries increased the most, while stocks of companies in Maaden, Paper Industry, Yamamah Cement, Bergelizr and SMC Healthcare decreased the most, with the…
KUWAIT CITY – Kuwait is promoting its tourism sector with 30 ongoing projects aimed at boosting domestic tourism, expanding recreational activities and creating new cultural and entertainment destinations, official sources revealed. Officials said these projects are being implemented and supervised by Kuwait City, the Ministry of Information, tourism project companies and other relevant authorities. These are part of a wider government strategy to diversify the national economy and attract tourists, in line with a new tourism map and national vision. A wide range of initiatives are underway, including waterfronts, beaches, ruins, markets and cultural facilities. Major coastal projects include the…
TOKYO: Oil prices rose further on Wednesday as supply concerns lingered and tensions in the Middle East provided further support after winter storms disrupted U.S. crude production and exports. Brent crude oil futures rose 28 cents, or 0.4%, to $67.85 a barrel by 4:10 p.m. Japan time, while U.S. West Texas Intermediate crude oil futures rose 35 cents, or 0.6%, to $62.74 a barrel. Both indexes rose about 3% on Tuesday. U.S. producers lost up to 2 million barrels a day, or about 15% of national output, over the weekend as the storm strained energy infrastructure and the power grid,…
Sujatha Gopal, CTO, Communications, Media and Information Services, TCSIn today’s hyper-connected world, communications and media transformation is no longer a milestone, but a continuous journey. As networks evolve towards autonomy and operations become increasingly agentized, Intelligent Choice Architecture (ICA) It is emerging as a strategic part of this change. ICA is a human-centered AI system that integrates behavioral economics, experiential intelligence, and real-time personalization to guide decision-making. Leading companies are deploying ICA to coordinate intelligent decision-making across the value chain, combining human-centered AI, behavioral economics, experiential intelligence, and real-time personalization.A dynamic system that combines human intelligence with agential, generative, and…
Today, Deutsche Bank predicted that gold prices will jump to $6,000 an ounce in 2026 as investors continue to increase allocations to non-dollar and real assets.Spot gold hit an all-time high of more than $5,100 an ounce yesterday as geopolitical and economic uncertainty increased investor demand for safe-haven assets.powerful performance”Under an alternative scenario, a price of $6,900 an ounce could actually be more in line with the very strong performance of the past two years,” Deutsche Bank said.Analysts at Société Générale also expect gold to reach $6,000 an ounce by the end of the year, but note that this may…
Saudi Arabian Railways (SAR) has issued a tender for the design and manufacture of 10 new passenger trains for its northern network, as part of its efforts to develop transport systems and increase the efficiency of passenger rail services across the Kingdom. This is in line with the goals of the National Transport and Logistics Strategy and Saudi Vision 2030. The new trains will operate on a northern network spanning approximately 2,700 km, connecting several major cities including Riyadh, Al Majmaa, Qasim, Ha’il, Al Juf and Al Qurayyat, with plans to expand the network in the coming years through the…
Saudi Arabia-based wealth tech Vennre has raised $9.6 million (R36 million) in a pre-Series A round through a hybrid equity and debt structure. The round was co-led by Vision Ventures and anb Seed Fund, with participation from Sanabil 500, Ace & Co, Plus VC, and strategic private investors. Founded in 2021 by Ziad Mabsout, Anas Halabi, and Abdulrahman AlMalik, Vennre targets the HENRY (high-income but not yet wealthy) segment with access to Sharia-compliant private market investments. The new funding will be used to expand the customer base, introduce new platform capabilities and deepen Venre’s presence in Saudi Arabia, in line…
Egyptian artist Zeina has reignited the controversy surrounding her relationship with artist Ahmed Ezz by posting a sarcastic message on her official Instagram account, sparking a huge wave of speculation and prompting social media viewers to link her to a possible marriage with Ezz outside the art world.Although the post was not named, its tone was not ignored. Zeina scathingly wrote: “Bless the father of two children. He married his assistant. Then his work will be more sensible and he will save money. A very smart plan.” Despite the lack of direct mention, followers took this message as a clear…
Germany’s Environment Minister Carsten Schneider has expressed a desire to import green hydrogen produced using climate-friendly methods from the Kingdom of Saudi Arabia.Speaking on the sidelines of a visit to Saudi Arabia’s capital Riyadh, Schneider said in a statement to the German Press Agency (DPA) that his country needs to work with Saudi Arabia to help German industry move towards climate neutrality.ideal conditionsThe previous German government had high hopes for hydrogen as a future energy carrier. Although there is no retreating from this policy, the current German Economy Minister Katharina Reich has admitted that hydrogen is currently not available in…
