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GACA suggests economic rules to enhance aviation efficiency

  RIYADH: Saudi Arabia’s aviation sector’s efficiency and competitiveness are set to receive a boost thanks to the new economic regulations that are likely to be introduced. The General Authority of Civil Aviation has put forward the draft economic regulations for airports on a survey platform between June 22 and July 20, according to a statement. The regulations aim to support the rapid growth of the sector, enhance passenger experience and ensure transparency and fairness.

Ukraine Ground Report

Humanitarian relief activist Amed Khan gives a firsthand account of his time in Ukraine.

The post On the Ground in Ukraine appeared first on The Intercept.

“3 Major Cricket Tournaments Steal the Spotlight”

In the last week, three major international cricket tournaments commenced. The much-anticipated five-Test-match Ashes series between England and Australia opened on June 16 at Edgbaston, Birmingham. In Zimbabwe, the final qualifying stage for the 2023 ODI World Cup started on June 18 and on June 22 the women’s Ashes between England and Australia started at Trent Bridge, Nottingham.

“Former Aide to Joe Manchin, Scott Sears, Shares Insights in Conversation”

How seriously is Manchin considering a presidential run?

The post A Conversation With Joe Manchin’s Former Right Hand, Scott Sears appeared first on The Intercept.

Cargoz, a UAE-based logistics startup, receives funding from Nama Ventures and RAZ Group

CAIRO: Saudi venture capital firms are bolstering the regional startup funding landscape, with Nama Ventures and RAZ Group leading the investment round to support the expansion of the UAE-based logistics startup Cargoz in the Kingdom.  Cargoz, often called the Airbnb for commercial warehousing, has secured an undisclosed amount in bridge funding from Nama Ventures, RAZ Group and a select few angel investors from the UAE and Saudi Arabia who are key players in the logistics industry. 

Report: UAE Investors Can Bridge UN SDG Funding Gap

RIYADH: Transition investment could be the linchpin in the UAE’s efforts to meet the global funding gap of $4.3 trillion per year to achieve the UN Sustainable Development Goals by 2030, a research report indicated.  New York University Abu Dhabi’s Transition Investment Lab in its annual report suggested that the UAE’s institutional investors should focus on transition investment — a strategy aimed at achieving socio-economic impact along with financial returns — to overcome the funding gaps. 

“Spain arrests 7 linked to racial abuse against Vinícius Júnior”

MADRID: Seven people accused of racially abusing Real Madrid player Vinícius Júnior have been arrested in Spain, police said Tuesday. Three were detained in Valencia for alleged abuse against Vinícius in a Spanish league match on Sunday. Four were arrested in Madrid for allegedly hanging an effigy of the player off a highway bridge in January. The arrests come after an outpouring of support for Vinícius after he said he was abused in Valencia. The case prompted widespread reaction from sports figures and government officials in Spain and worldwide.

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