Moody’s affirms Islamic Development Bank’s AAA rating

RIYADH: Gulf Cooperation Council banks are looking to diversify their business models and boost profitability by entering high-growth markets such as Turkey, Egypt and India, a new report shows. Fitch Ratings noted that the increase in interest was due to favorable economic conditions and attractive growth opportunities in these countries. Notably, appetite for expansion in … Read more

Boat with 45 refugees capsizes off Yemen’s coast, UNHCR says

WASHINGTON: Israeli Prime Minister Benjamin Netanyahu defended Israel's war on Gaza and condemned US protesters in a scathing speech to Congress on Wednesday that sparked a boycott by many leading Democratic lawmakers and drew thousands to the Capitol to denounce the war and humanitarian crisis. , which she created.Netanyahu has vowed to continue the war … Read more

Melbourne grandmother refuses to help with childcare

An Australian grandmother of eight has said she will oppose the growing trend of older generations helping with childcare, but her words have angered many. Avril Moore, a writer, said that while she loved being a grandmother, she was very quick to tell her three grown children that she would not be available to babysit. … Read more

Saudi deputy FM participates in Sudan peace efforts meeting 

BAHA: In the heart of Saudi Arabia's Baha region, a humble cactus is fueling an agricultural revolution. Prickly pear, known locally as Al Barshumi, has evolved from a niche crop to a booming industry. Once limited to private farms, prickly pear cultivation has spurred scientific research and yielded a range of food, medicinal and cosmetic … Read more

US files details of Boeing’s plea deal related to plane crashes. It’s in the hands of a judge now

The U.S. Justice Department unveiled a settlement with Boeing on Wednesday in which the aerospace giant pleads guilty to fraud for misleading U.S. regulators who approved the 737 Max jetliner before two of the planes crashed, killing 346 people. A detailed plea agreement was filed in federal district court in Texas. Earlier this month, the … Read more

Iga Swiatek: Clay queen targets Olympic gold

PARIS: There will be no flags or fanfare for Daniil Medvedev at the Paris Olympics, but Russia's most famous athlete is unlikely to be far from the headlines in the French capital. The tennis star, along with other Russians and Belarusians at the Games, must compete as a neutral following Moscow's invasion of Ukraine. After … Read more

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