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KUWAIT CITY – Amidst the transformation seen in the local real estate market, January 2026 performance reflected clear changes in investor behavior and investment trends, with notable fluctuations across sectors in terms of deal numbers and deal values. Although trading volumes have increased, total values ​​have remained stable, indicating a repositioning within market dynamics. In the local real estate market, 442 transactions were recorded in January 2026 with a total value of KD 251.8 million, compared to 405 transactions valued at KD 252.4 million in January 2025. This increase in the number of transactions and stability in value reflects the…

LONDON – The dollar was largely steady on Tuesday as strong economic data and changing expectations for Federal Reserve policy outweighed concerns about another U.S. government shutdown. The dollar index, which measures the greenback against a basket of currencies, was little changed at 97.53, after gaining 1.5% in two days. The euro rose 0.12% to $1.1804. The dollar has been firming in recent days following Kevin Warsh’s nomination as the next Fed governor, as markets expect him to be less likely to seek rapid interest rate cuts than other candidates. Fed rate cuts still expected Lee Herdman, senior currency analyst…

Enayati to Asharq Al-Awsat: Saudi Arabia is a vital partner, relationship ‘secured’ Iran’s ambassador in Riyadh said relations with Saudi Arabia are “protected” and will not be compromised, stressing that the two countries share a commitment to regional security and stability and to avoiding escalation that could destabilize the region. In his remarks to Asharq Al-Awsat, Alireza Enayati said that coordination between the two countries continues, including visits and talks, some of which are held in public and out of the spotlight. “We must recognize the sensitivity of the current situation, given the recurring threats facing the region and the…

RIYADH — The King Fahd Causeway Authority on Monday announced the launch of a new package offering up to 40 percent discount on tolls, effective from February 18, 2026, for travelers using the Causeway app.The introduction of the new package comes after the authorities on Sunday announced a fare increase from February 18, 2026. According to the new rates, the rate per ton will be 35 SR for cars and motorcycles, 55 SR for minibuses, 70 SR for large buses, and 7 SR for trucks.This increase does not apply to students, people with disabilities, and people who travel frequently on…

The final day of the winter transfer window, which closed yesterday Monday and began on Monday 5 January, witnessed 13 deals, with clubs in the Roshen Pro League making use of the last hours of the winter mercato in the best possible way, strengthening their ranks with new elements or reorganizing their lists before entering the decisive phase of the season. This is because the transfer transaction of ‘Karim Benzema’ from Al Ittihad to Al Hilal is considered to be the most notable transaction. The final day was as follows: Tamer Al Khaibari to Al Khaleej, Aaron Kamara to Al…

The UAE Ministry of Economy and Tourism has announced the end of the sixth edition of the World’s Coolest Winter campaign, which ran for six weeks starting December 16 under the slogan “Our winter is full of entrepreneurship”. The campaign was implemented in collaboration with tourism authorities in all seven emirates and is in line with the UAE’s domestic tourism strategy. The campaign achieved its core goal of showcasing the UAE’s diverse tourism offering, including beaches, islands, nature reserves, cultural, urban and historical landmarks. The main focus was on tourism experiences led by entrepreneurs and start-ups and highlighting their role…

Gold and silver prices soared on Tuesday, with gold posting its biggest single-day gain since November 2008 as investors bought up the metals following the biggest two-day decline in decades. Spot gold rose 5.5% to $4,921.42 an ounce by 0944 GMT. It has rebounded from Monday’s low of $4,403.24, but last week’s $5,594.82 per ounce remains a historic high for now. U.S. gold futures for April delivery rose 6.3% to $4,945.60 an ounce. After posting a record 27% one-day drop on Friday, silver jumped 9.2% to $86.7 an ounce on Tuesday and fell another 6% on Monday. “The market was…

RAMALLAH — President Mahmoud Abbas has announced that elections for the Palestinian National Council (PNC) will be held on November 1, state-run Wafa news agency reported.This is the first time that members of the PLO parliament are elected by popular vote rather than by appointment.”Elections will be held as far as possible inside and outside Palestine to ensure the widest possible participation of the Palestinian people, wherever they live,” Abbas said in the proclamation.Abbas, who heads the Palestine Liberation Organization (PLO) and the ruling Palestinian Authority (PA), had previously postponed elections unless all occupied Palestinians were allowed to vote.Critics have…

Russia’s Deputy Foreign Minister Sergei Ryabkov announced this week that his country is ready for a world without restrictions on nuclear weapons after the end of the New START Treaty.”If the United States deploys a large number of missile defense systems on the island of Greenland, Russia will be forced to take compensatory measures in the military field,” Ryabkov said in a statement today (Tuesday).He added that the US approach to relations with Russia needs to change for the better before dialogue on strategic stability can resume. He noted that China has adopted a clear position on arms control, and…

Saudi Aramco announced today that it has successfully completed the issuance of $4 billion worth of international bonds in four tranches through its medium-term international bond program.Saudi Aramco will issue $500 million in senior notes due in 2029 with a return of 4.0% in the first tranche, $1.5 billion in senior notes with a return of 4.375% due in 2031 in the second tranche, and $1.5 billion in senior notes due in 2031 with a return of 4.375%; Nshe described $1.25 billion of senior notes due in 2036 and a return of 5.0%, and the fourth tranche is $1.5 billion…