Gang of 10 arrested in Riyadh for 44 robberies
Author: MOHAMMED RASOOLDEENSat, 2017-03-25ID: 1490392617145296800RIYADH: A 10-member gang responsible for 44 thefts and burglaries has been arrested in Riyadh, city police announced here on Friday. According to police, the gang, which was responsible for a chain of robberies, had been operating in two groups in different areas.The gang comprised seven Saudis, a Syrian, Yemeni and an unknown […]
Thousands enjoy Saudi Arabia’s first butterfly garden
Author: FOUZIA KHANSat, 2017-03-25ID: 1490392617155297400 JEDDAH: Thousands of people have visited the first butterfly garden in the Kingdom since its opening last week at the Flowers and Garden Festival in Yanbu, which will stay open until April 10. Manager Anas Al-Hawsawi told Arab News the goal of the garden is to be part of Vision 2030 by […]
Third of Saudi businesses owned by women: Report
Author: AISHA FAREEDSat, 2017-03-25ID: 1490389107465030100JEDDAH: There has been a significant increase in the proportion of women entrepreneurs in Saudi Arabia in recent years, according to the 2016/17 Global Entrepreneurship Monitor (GEM). “Women entrepreneurs are catching up really quickly in Saudi Arabia — almost 33 percent of the owners of established businesses are women,” said Ignacio de la […]
Stephen Hawking appears as hologram in Hong Kong
Author: Agence France PresseSat, 2017-03-25ID: 1490428588930085400HONG KONG: Renowned physicist Stephen Hawking has spoken to a Hong Kong audience by hologram, showcasing the growing reach of a technology which is making inroads into politics, entertainment and business.The British scientist appeared Friday before an audience of hundreds who cheered and snapped pictures with their phones as he discussed his […]
Harrison Ford says he was distracted when he flew over plane
Author: MICHAEL BALSAMO | APSat, 2017-03-25ID: 1490426275229923800LOS ANGELES: Actor Harrison Ford said he was distracted and concerned about turbulence from another aircraft last month when he mistakenly landed on a taxiway at a Southern California airport after flying low over an airliner with 116 people aboard, according to an audio recording released Friday.“I’m the schmuck who landed […]
Euro zone growth ‘surges’ to 6-year high: Survey
Author: AFPSat, 2017-03-25ID: 1490391321515201900BRUSSELS: The euro zone economy grew at its fastest pace in six years in March, as all signs pointed to a recovery “surging higher” led by France and Germany, a closely watched survey showed Friday. Data monitoring company IHS Markit also said job creation in the 19-country euro zone recorded its best level for […]
Tunisia drafting bill to spur investment
Author: ReutersSat, 2017-03-25ID: 1490391321495201600TUNIS: Tunisia is drafting an “economic emergency” bill that will allow the government to bypass bureaucratic hurdles and speed up large-scale projects as it seeks to boost growth and create jobs, a senior official said.Administrative delays and bureaucracy are one of the biggest obstacles for local and foreign investors in Tunisia, which has struggled […]
Samsung backs away from planned split
Author: AFPSat, 2017-03-25ID: 1490387275964788200SEOUL: The world’s biggest smartphone maker, Samsung, assailed by a shambolic recall and embroiled in South Korea’s wide-ranging corruption scandal, on Friday backed away from a planned corporate restructuring.Following the embarrassing recall of the Galaxy Note 7 smartphone and under pressure from activist shareholders to improve corporate governance, Samsung Electronics said last year that […]
No reason to withdraw stimulus now: BoJ chief
Author: ReutersSat, 2017-03-25ID: 1490387275964787900TOKYO: Bank of Japan (BoJ) Gov. Haruhiko Kuroda said there is “no reason” to raise the bank’s bond yield targets now with inflation so far from its 2 percent target, offering his strongest denial to date of the chance of withdrawing its massive stimulus any time soon.The former top Japanese currency diplomat also played […]
China stocks rise as infrastructure spree offsets liquidity fears
Author: ReutersSat, 2017-03-25ID: 1490387275934787600SHANGHAI/BEIJING: China stocks rose on Friday as strong gains in the infrastructure sector offset concerns over tightening liquidity in the country’s banking system, increased regulation and fresh curbs on property investment. The blue-chip CSI300 index rose 0.8 percent to 3,489.60 points, while the Shanghai Composite Index added 0.6 percent to 3,269.45.Both indexes rose for […]
