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  • Turkish Bank Case Showed Erdogan’s Influence With Trump

    For months, President Recep Tayyip Erdogan of Turkey had been pressing President Trump to quash the investigation, which threatened not only the bank but potentially members of Mr. Erdogan’s family and political party. When Mr. Berman sat down with Mr. Barr, he was stunned to be presented with a settlement proposal that would give Mr. Erdogan a key concession.

  • Arrested, Tortured, Imprisoned: The U.S. Contractors Abandoned in Kuwait

    It’s clear that some of the accused, though not all of them, were not guilty of the charges against them. But regardless, the United States has some basic responsibilities to the welfare of all its citizens imprisoned overseas. And frequently, especially under this administration, it goes above and beyond those obligations. Acosta and the others believe there is a simple reason that their predicament has been overlooked: race. All but three of these contractors are Black; not one of them is white.

  • India criticises Saudi Arabia for wrong map on banknote, asks it to make urgent correction

    India has responded sternly to any misrepresentation of its territory. Last week, the Centre wrote a letter to Twitter Chief Executive Officer Jack Dorsey after the social media platform’s location settings showed Leh as a part of China. The government had asked Twitter to respect “sensitivities of Indian citizens”. On October 18, Twitter had also shown Jammu and Kashmir as a part of China during a live broadcast by journalist Nitin Gokhale.

  • Saudi Arabia’s biggest bank NCB posts 23.7% rise in quarterly profit

    Saudi Arabia's biggest lender National Commercial Bank 1180.SE on Tuesday posted a nearly 24% rise in third-quarter net profit, as net commission income rose and impairment charges dropped. NCB posted a net profit of 3.16 billion riyals ($843 million) in the quarter ended September 30, up from 2.55 billion in the same period a year earlier.

  • Saudi Arabia and World Bank announce initiative to share AI expertise with developing countries

    Under the partnership, the World Bank and Saudi Arabia, represented by the Saudi Data and Artificial Intelligence Authority (SDAIA), will cooperate to assist countries in creating policies and initiatives that harness the power of AI to support national development and growth. AI and related technologies are expected to unlock an additional US$15 trillion of economic value worldwide before 2030, but many developing nations do not have yet the technical readiness to share in this new wealth.

  • A Lebanese artist created an inspiring statue out of glass and rubble from the Beirut port explosion

    When Nazer finally had enough items, she put them together -- creating a woman raising Lebanon's flag, her hair and dress flowing in the wind. The sculpture, which still doesn't have a name, even features a damaged clock stuck at 6:08, the moment of the explosion.

  • Saudi Arabia and World Bank announce initiative to share AI expertise with developing countries

    The World Bank and Saudi Arabia have announced a long-term partnership to accelerate the use of Artificial Intelligence (AI) in developing nations in support of economic and development goals. The objective is to ensure that no nation is left behind in the race to unlock the value of AI while ensuring the appropriate safeguards are in place to manage the risks associated with AI. Under the partnership, the World Bank and Saudi Arabia, represented by the Saudi Data and Artificial Intelligence Authority (SDAIA), will cooperate to assist countries in creating policies and initiatives that harness the power of AI to support national development and growth. AI and related technologies are expected to unlock an additional US$15 trillion of economic value worldwide before 2030, but many developing nations do not have yet the technical readiness to share in this new wealth.

  • Saudi Arabia and banks sign deal on $43bn worth tourism projects

    Late last month, Saudi Arabia’s Tourism Development Fund, Riyadh Bank and Banque Sandi Fransi have signed a deal to finance about SAR160bn ($43bn) worth of tourism projects within the country.  The fund has been started with an initial investment of $4bn.

  • Saudi Arabia’s STC hires banks for IPO of subsidiary, sources say

  • Saudi Arabia issues SR20 banknote to mark G20 presidency

    The new banknote will be put into circulation on Sunday, and will feature King Salman and the G20 Saudi summit logo on one side, with a world map highlighting G20 countries in a darker shade on the other.