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Coalition offered $17.6bn in aid to Yemen in three years

RIYADH / WAM The member countries of the Saudi-led Arab Coalition to Support Legitimacy in Yemen have provided a total of $17.6 billion worth of assistance in three years. “Out of this assistance, the Kingdom of Saudi Arabia, accounted for more than $11.5 billion,” said Dr Abdullah Al Rabeeah, the Supervisor-General of the King Salman Humanitarian Aid and Relief Centre, ...

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China scraps trade talks as new US tariffs loom

Bloomberg China has called off planned trade talks with the US and is unlikely to sit down with Washington until after the mid-term elections, according to people familiar with the situation. Beijing has withdrawn a planned delegation to Washington next week, the people told Bloomberg. The Wall Street Journal earlier reported that China had scrapped plans to send Vice-Premier Liu ...

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ADX chairs Arab Federation of Exchanges meet

ABU DHABI / WAM Rashed Al Blooshi, Chief Executive of Abu Dhabi Securities Exchange (ADX), chaired the 43rd session of Arab Federation of Exchanges (AFE) meeting. The annual meeting of the AFE in its 43rd session took place in Abu Dhabi was attended a number of CEOs of Arab stock exchanges and chairmen of clearing and depository companies from all ...

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