India’s opposition says bank accounts frozen ahead of election

NEW DELHI: India’s main opposition party said Friday that its bank accounts had been frozen by the tax department just weeks before the expected announcement of national elections. Critics and rights groups have accused Prime Minister Narendra Modi’s government of using law enforcement agencies to selectively target its political foes. Congress spokesman Ajay Maken said … Read more

Alarm over fate of major Gaza hospital after Israeli raid

MANILA: A Filipino nun who stayed at her church in Gaza is unreachable, Philippine authorities said on Friday, as they are trying to evacuate 14 nationals from the city of Rafah, where 1.5 million Palestinians are crammed in tents amid heavy Israeli bombardment. Of the 137 Filipinos trapped in Gaza since Israel began its daily bombardment … Read more

Saudi Ministry of Media introduces Hajj and Umrah Mediathon

JEDDAH: Bloomberg Media and SRMG announced today the first-ever Bloomberg Power Players Summit, Powered by Asharq Business with Bloomberg in Saudi Arabia. The Summit will take place on 7 March 2024 at the Jeddah Yacht Club, alongside the Formula One Saudi Arabian Grand Prix. The event will bring together influential voices in the business of … Read more

Global Markets – stocks shrug off patchy data; gold faces biggest weekly fall in 2024

RIYADH: Saudi Arabia’s insurance industry is projected to experience a compound annual growth rate of 5.2 percent until 2028, reaching SR83.7 billion ($22 billion), a study showed.   This growth, up from the current SR68.3 billion in 2024, is primarily driven by the health and motor segments, which together will account for 86 percent of the … Read more

In Israel’s northern hills, all eyes look to Lebanon

MANILA: A Filipino nun who stayed at her church in Gaza is unreachable, Philippine authorities said on Friday, as they are trying to evacuate 14 nationals from the city of Rafah, where 1.5 million Palestinians are crammed in tents amid heavy Israeli bombardment. Of the 137 Filipinos trapped in Gaza since Israel began its daily bombardment … Read more