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05 April 2025

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Saudi Sama airline to stop services after $266m loss

Saudi Arabia-based low cost carrier Sama plans to stop its services shortly, according to a spokesman for Saudi’s civil

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Saudi central bank halves reverse repo rate

Saudi Arabia's central bank sought to boost lending on Tuesday by halving the rate it pays to commercial banks for

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Saudi Arabia seeks steps to curb inflation

(AFP)      Saudi Arabia on Saturday said it was considering taking further action to curb inflation after previous

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Sama Dubai and CGI in Dh2.24bn Morocco plan

(FILE)          Sama Dubai and Compagnie Generale Immobiliere (CGI), Morocco’s second-largest property developer, are

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Court increases fines and jail terms in Sama Dubai case

The Dubai Court of Appeals has increased penalties for defendants in a case of financial wrongdoings in Sama Dubai

Sama slashes repo rate by 100bps to three per cent

The Saudi Arabian Monetary Agency (Sama), the Kingdom's central bank, yesterday cut the repurchase, or lending, rate by

Sama under fire over Islamic banks

A senior Islamic scholar in Saudi Arabia has launched a rare attack on the Kingdom’s central bank, accusing it of

Her first film was a hit, his was a flop. Meet Bollywood's newest power couple

Ranbir Kapoor and Deepika Padukone are the latest and hottest young couple to take Bollywood by storm. Both stars

Court hears of Dh1.8 billion fraud against Dubai Islamic Bank

New documents reveal the involvement of at least two of the accused in a case related to alleged swindling of Dh1.8

Maid serves lunch... spiced with ground glass

An Ethiopian housemaid in Sharjah who works for an Emirati family served them lunch with crushed glass. She was, of

Indian minister pens Bollywood love song

India's communications minister, already a poet in his spare time, has found another outlet for his creative ambitions:

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Appeal court upholds verdict against 6 in DIB case

The Dubai Court of Appeal upheld the ten years jail sentence awarded by the Court of First Instance to six businessmen

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