RIYADH — MBC Group has announced that Istedamah Holding Company, a substantial shareholder in the company, has signed a binding share sale and purchase agreement (SPA) with the Public Investment Fund (PIF). Under the terms of the agreement, Istedamah will sell its entire 54% stake in MBC Group, totaling 179,550,000 …
Read More »Kamala Harris holds narrow lead over Donald Trump as Election Day nears
WASHINGTON — With Election Day approaching, Democratic candidate Kamala Harris leads the presidential race by a slim margin, holding 48% support to Republican rival Donald Trump’s 47%, according to recent polling. The race remains close, especially in key swing states where the lead fluctuates. Trump currently holds a slight edge …
Read More »Saudi Arabia calls on world community for robust action on drought resilience and land restoration
Saudi Gazette report RIYADH — Saudi Arabia called on the international community to deliver robust action on drought resilience and land restoration. The Kingdom’s clarion call came in the context of the upcoming 16th session of the Conference of Parties (COP16) of the UN Convention to Combat Desertification (UNCCD), which …
Read More »John Bolton warns Trump may refuse to accept election results if defeated
WASHINGTON — Former US National Security Adviser John Bolton expressed concerns that Donald Trump may reject the outcome of the presidential election if he loses to Vice President Kamala Harris on Nov. 5. Bolton voiced these apprehensions during an interview with CNN on Tuesday, suggesting that Trump’s history of contesting …
Read More »Border Guard rescues Saudi citizen and 2 daughters from drowning in Jazan sea
Saudi Gazette report RIYADH — The Border Guard search and rescue teams in the Jazan region have rescued a citizen and his two daughters from drowning while they were swimming in non-designated areas in the sea. The rescue teams provided them with the necessary assistance. The General Directorate of Border …
Read More »Okaz re-elects Abdullah Saleh Kamel as chairman for five-year term
Saudi Gazette report JEDDAH — The General Assembly of Okaz Organization for Press and Publication approved the nominees for the new Board of Directors term in a meeting held on Saturday. Sheikh Abdullah Saleh Kamel was unanimously re-elected as Chairman of the Board for an additional five-year term. During the …
Read More »Okaz re-elects Abdullah Saleh Kamel as chairman for new term
Saudi Gazette report JEDDAH — The General Assembly of Okaz Organization for Press and Publication approved the nominees for the new Board of Directors term in a meeting held on Saturday. Sheikh Abdullah Saleh Kamel was unanimously re-elected as Chairman of the Board for an additional five-year term. During the …
Read More »Snow blankets northern Saudi region of Al-Jouf
Saudi Gazette report CONSTRUCTION — Snow enveloped the northern Saudi region of Al-Jouf since Friday and Saturday morning, turning many parts of the region completely white. This follows showers of hail and incessant heavy rains that lashed mainly in the north of Sakaka city and Dumat Al-Jandal governorate in the …
Read More »Bronze Age town discovered in Khaybar Oasis
Saudi Gazette report AL-ULA — The Royal Commission for AlUla (RCU) announced that archaeologists discovered a Bronze Age town in the Khaybar Oasis, located in the northwest of the Kingdom, a discovery published in the scientific journal PLOS ONE. The announcement was made at a press conference held by RCU …
Read More »Deadly Israeli strikes on ‘apocalyptic’ north Gaza
Israel on Saturday again carried out deadly air strikes on north Gaza, where the UN calls conditions “apocalyptic”, as Lebanon’s Hezbollah intensified rocket fire near Israel’s commercial hub of Tel Aviv, on Israel’s second front. “The situation unfolding in north Gaza is apocalyptic,” said a joint statement by UN agency …
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