Napoli Announces Signing of Belgian Striker Romelu Lukaku

Italian football club Napoli announced Thursday the signing of Belgian striker Romelu Lukaku on a three-year contract from English club Chelsea.

Napoli, which announced in a statement on its official website the signing of Lukaku, did not mention the…

Arab League stresses need of empowering youth

The Arab League affirmed on Thursday the importance of empowering Arab youth on all levels through rebuilding for the best and helping them bear their responsibilities in the face of challenges.

This came in a statement by Arab League Assistant Secr…

Kuwait swimmers bag 7 more medals at Arab aquatics

The Kuwaiti swimming squad raised to 26 their tally of medals after adding seven medals – six bronze and one silver, on Wednesday, the fourth and final day of the Third Arab Age Group Aquatics Championships, hosted by Cairo.

Mohammad Zbeid, Abdulwah…

Gold Prices Firm with US Inflation Data in Focus

Gold prices edged up on Thursday, aided by a weaker dollar and hopes of a Federal Reserve interest rate cut, while focus turned to a key US inflation print.

Spot gold was up 0.5% to $2,513.77 per ounce, while US gold futures rose 0.4% to $2,546.80.

Oil Edges Up as Lower-Than-Expected US Stock Draw

Oil prices edged up on Thursday after two sessions of losses, with a smaller-than-expected draw in US crude inventories that sapped demand expectations.

Brent crude futures climbed 9 cents, or 0.11%, to stand at $78.74 a barrel, while US West Texas I…