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  • US sanctions Hamas official and financial network, Treasury Dept. says

    article author: ReutersTue, 2022-05-24 17:20 WASHINGTON: The United States on Tuesday imposed sanctions on a Hamas finance official and a network of financial facilitators and companies that have generated revenue for the Palestinian militant group, the Treasury Department said. The sanctions target Hamas’ Investment Office, which holds assets estimated to be worth more than $500 million.Main category: Middle-EastTags: HamasUSsanctions

  • Mining industry won’t cope with rising demand without circularity, Eurasian Resources CEO says

    Author: article author: Arab NewsTue, 2022-05-24 17:16 RIYADH: The mining industry will not be able to cope with rising demand without circularity, the CEO of Eurasian Resources group has said. Speaking at the World Economic Forum session in Davos, Benedikt Sobotka added that this would mean higher prices and more inflation for consumers in the developing world.  “The demand is incredibly wasteful. To give you just one number per year, there’s about 50,000,000 tons of electronic waste being thrown away,  17 percent of that is being recycled,” he said.Main category: Business & EconomyTags: WEF 2022MiningenvirionmentInflation

  • Enthusiasts flock to Saudi tea expo

    article author: Hebshi AlshammariTue, 2022-05-24 17:08 RIYADH: Tea aficionados got the chance to taste all manner of varieties of their favorite beverage at the Tea Colors International Exhibition, which wrapped up Tuesday at the Riyadh International Convention and Exhibition Center. There was strong competition between various Sri Lankan and Kenyan teas at the event, attended by producers from the region and beyond, including Kuwait, Qatar, and local entrepreneurs. Tea, along with coffee and dates, is one of the drinks traditionally offered as a show of hospitality in Saudi Arabia.Main category: Saudi ArabiaTags: RiyadhteaTea Colors International Exhibition