Saudi Arabia’s National Development Fund has provided over SR30 billion ($8 billion) in funding support to various economic sectors in the first quarter of 2023. The fund aims to achieve the social, economic, and cultural goals envisioned in the Kingdom’s Vision 2030. The Saudi Industrial Development Fund approved financing agreements valued at SR875 million with 24 businesses to support the objectives of the National Strategy for Industry. The fund has also supported small and medium enterprises, tourism, human capital development, agriculture, non-oil exports, and international development aid. The fund’s efforts have maximized the developmental impact on the Saudi economy.
Saturday, October 28, 2023
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Germany Defeats Saudi Arabia 5-3 in NEOM Beach Soccer Cup
NEOM: The second day of the NEOM Beach Soccer Cup 2023 saw hosts Saudi Arabia go down 5-3 to Germany at Gayal Beach.
The result follows the host nation’s opening day 4-3 loss to England in Group A.
Thursday’s schedule included the second round of matches from the men’s NEOM Beach Soccer Cup group stage, with Japan, UAE, Brazil and England looking to build on their opening-day victories, while Germany, Spain, Turkiye and Saudi Arabia were looking for their first points of the tournament.
Egypt road crash leaves 32 dead, dozens injured | TOME
The multi-car pileup in the Beheira region was reportedly caused by an oil leak.
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Protesters Demand Gaza Ceasefire, Shut Grand Central Station in New York
Dozens of protesters seen being arrested by police as authorities announce temporary closure of station.
Gaza blackout risks concealing mass atrocities, warns HRW
JERUSALEM: The near-total telecommunications blackout in Gaza amid Israel’s ongoing bombardment of the Palestinian territory risks providing cover for mass atrocities, the NGO Human Rights Watch (HRW) said Friday.
Internet access and the phone network were completely cut across the Gaza Strip on Friday, nearly three weeks after Israel began bombarding the enclave following an armed attack by Hamas militants that Israeli officials say killed at least 1,400 people, mostly civilians.
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China Probes Foxconn’s Taxes and Land Use, Shares Slide | TOME
Apple supplier's shares dropped as much as 3 percent after report by China's state-owned Global Times.
Big Businesses Stay Silent on Israel-Hamas Conflict Amid Ukraine Outcry
Major brands that spoke out against Russia's invasion have been reluctant to weigh in on the Israel-Palestine conflict.
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