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Saudi Arabia’s PIF acquires shares in Alphabet, Zoom Video and Microsoft

Saudi Arabia’s Public Investment Fund bought shares in Alphabet, Zoom Video and Microsoft as part of a wider pick of US stocks, bringing the sovereign wealth fund’s second-quarter investments to about $40.8 billion, Arab Finance reports. A filing from US Securities and Exchange Commission indicated that PIF acquired 213,000 class A shares in Alphabet; 4.7 […]

COVID-19: Crime in Morocco falls by 20% during lockdown

Moroccan Police said that crimes have dropped by 20 pc in March as the country was locked down to prevent the spread of coronavirus pandemic. According to the data released by the National police, snatching crimes fell 24 pc last month compared with the offenses recorded during the same period of last year. Economic and […]

Libya: ‘Sirte to be Liberated within Days’, Pro GNA forces

Pro-unity government forces Thursday announced eminent liberation of Sirte a day after they took control of the Islamic State group’s headquarters in the coastal city. “We are preparing to announce the total liberation of Sirte in the next two days at the most,” sources from the Misrata militia, fighting under the unity government, said. “Sirte […]