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Category: Business 9423

Recently Converted to Islam: King Salman Grants Saudi Citizenship to Two Businessmen Honoring Their Expertise and Competence
Business
  • 1 mins read

Recently Converted to Islam: King Salman Grants Saudi Citizenship to Two Businessmen Honoring Their Expertise and Competence

King Salman has granted Saudi citizenship to Travis Kalanick, Uber's co-founder, and John Pagano, CEO of The Red Sea International Group, honoring their expertise and competence after their recent conversion to Islam.

Iraq Faces Indonesia with Offensive Edge in World Cup Qualifiers
Business
  • 1 mins read

Iraq Faces Indonesia with Offensive Edge in World Cup Qualifiers

Iraq's coach Graham Arnold relies on a strong offensive lineup against Indonesia in the 2026 World Cup qualifiers, aiming to secure an advantage before facing Saudi Arabia. The match is a key step towards World Cup qualification.

Oil and Dollar Markets Under the Influence of Geopolitics and Regional Tensions
Business
  • 1 mins read

Oil and Dollar Markets Under the Influence of Geopolitics and Regional Tensions

Global energy markets shifted after the ceasefire announcement between Israel and Hamas, causing oil prices to drop while the US dollar remained strong. Regional tensions continue to influence oil price volatility and dollar stability.

Strong Earthquake Off the Coast of the Philippines and Tsunami Warnings
Business
  • 1 mins read

Strong Earthquake Off the Coast of the Philippines and Tsunami Warnings

A 7.6 magnitude earthquake struck off the coast of southern Philippines with warnings of a possible tsunami. The epicenter was located 62 kilometers southeast of the town of Manay in Davao Oriental.

German Chancellor: We Will Provide Humanitarian Aid to Gaza Worth 29 Million Euros
Business
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German Chancellor: We Will Provide Humanitarian Aid to Gaza Worth 29 Million Euros

German Chancellor Friedrich Merz announced that Germany will provide 29 million euros in additional humanitarian aid to Gaza, emphasizing the urgent need to implement the ceasefire agreement quickly, and ruled out any German military involvement in Gaza.

Sorop Leads Al Ahly Training Today for the First Time After Being Appointed Head Coach - Youm7
Business
  • 1 mins read

Sorop Leads Al Ahly Training Today for the First Time After Being Appointed Head Coach - Youm7

Yas Sorop leads Al Ahly training for the first time after his official appointment as head coach. The team prepares to face AS Kigali in the CAF Champions League on October 18. Sorop arrived in Cairo from Copenhagen to take charge for two seasons, replacing Jose Ribeiro.

Rising Disputes Within the World Bank Over Environmental and Climate Commitments
Business
  • 1 mins read

Rising Disputes Within the World Bank Over Environmental and Climate Commitments

Nineteen World Bank executive directors issued a statement supporting continued climate change programs, challenging the US and some countries' reservations. The statement backs allocating 45% of annual funding to environmental and climate projects, highlighting divisions ahead of the Bank's 2025 annual meetings.

164.5 Million AED Net Profit for Taaleem Holding with 19.2% Growth in 2024/25 | Al Khaleej Newspaper
Business
  • 1 mins read

164.5 Million AED Net Profit for Taaleem Holding with 19.2% Growth in 2024/25 | Al Khaleej Newspaper

Taaleem Holding Group reported a net profit of AED 164.5 million with a 19.2% growth during the 2024/2025 academic year, alongside a 20.1% increase in operating revenues and a recommendation to distribute a 15% cash dividend to shareholders.

Expert to Extra News: Gaza Reconstruction Requires $65 Billion and 15 Years Under Conditions
Business
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Expert to Extra News: Gaza Reconstruction Requires $65 Billion and 15 Years Under Conditions

Dr. Nasr Abdel Karim stated that Gaza's reconstruction requires between $60 and $65 billion and a timeframe of 10 to 15 years, emphasizing the importance of political and security conditions for success, and thanked Egypt, Qatar, and Turkey for their mediation efforts to stop the war in Gaza.

Gold Price on Friday, October 10, 2025: New Developments - Youm7
Business
  • 1 mins read

Gold Price on Friday, October 10, 2025: New Developments - Youm7

Gold prices held steady above $4,000 per ounce on Friday, October 10, 2025, supported by expectations of US interest rate cuts and easing Middle East tensions. Global gold funds saw their highest inflows since March 2022 amid increased demand for safe havens.

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