Riyadh News
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Updated 45 minutes ago
Saudi Arabia approved $105 million of water and sanitation projects across the kingdom, London-based al-Hayat newspaper reported, citing Minister of Water and Electricity Abdullah Al-Hussayen.
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Dar Al Arkan Real Estate Development Co. declined the most in more than four months after the board of the Saudi developer recommended not to distribute a dividend for last year.
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Syrian government forces started an offensive to retake the city of al-Qusair in Homs province from rebels, state television reported today.
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Saudi Arabia, Kuwait, and Venezuela reduced crude oil exports in March from the previous month while West African members of the Organization of Petroleum Exporting Countries increased shipments, according to official data.
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Dubai’s benchmark stock index rose for a ninth day in its longest winning streak in more than two years on investor optimism the emirate is recovering from a property crash and restructuring debt. Abu Dhabi’s gauge gained.
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(Corrects name of company in headline and first paragraph of story first published yesterday.)
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Saudi Arabia’s benchmark stock index gained the most in more than four months, led by real estate developers and petrochemical companies.
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Akfen Holding AS, a Turkish group with diversified interests including port operations, energy and real estate, climbed the most in more than two weeks after its airport construction unit won a $400 million project.
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Health officials are grappling with unanswered questions as they struggle to understand the threat posed by the new coronavirus that’s killed more than half the people diagnosed with the respiratory infection.
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Deutsche Bank AG, Germany’s biggest bank, appointed Ziyad Al Ashaikh as general manager of its Saudi Arabian branch in the capital city of Riyadh.
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