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Riyadh Air CEO announces direct flights from Saudi capital to major European cities

PARIS: In line with its goal to serve over 100 destinations by 2030, Riyadh Air will connect the Kingdom’s capital to major cities of Europe, its CEO said.   Speaking to Arab News on the sidelines of the Paris Air Show, Tony Douglas said the company intends to reveal something new every two months as the airline gears up for its 2025 launch. While Saudi Arabia is one of the world’s fastest-growing economies and the highest populated country within the Arabian Peninsula, it is not globally well-connected as it needs to be.  
sport

Saudi sports support Kingdom’s team at Special Olympics Berlin.

On Saturday night, top figures from Saudi sports attended the launch of the Berlin 2023 Special Olympics in a show of support for the Kingdom’s 130-strong delegation. Saudi Arabia’s largest Special Olympics contingent since the 1995 Games in New Haven, Connecticut, is made up of 85 male and female athletes who will take part in 15 sports. Present at the opening ceremony in the German capital was Prince Abdulaziz bin Turki Al-Faisal, the Saudi minister of sports and president of the Union of Arab National Olympic Committees, who attended on behalf of King Salman.
Business

Dubai’s Scale-Up Count Surges by 26% in 2022.

RIYADH: The number of scale-ups in Dubai surged 26 percent in 2022, according to a report issued on Sunday. The report titled “Dubai’s Venture Capital Ecosystem,” issued by the Dubai Chamber of Digital Economy, said scale-ups in the emirate raised over $11.7 billion in capital in the last 10 years. It said as many as 306 fast-growing companies in the region are located in Dubai.
Business

PIF’s Jada to Boost Saudi Arabia’s Startup Scene

CAIRO: Saudi Arabia’s startup landscape has received a significant push after a subsidiary of the Kingdom’s Public Investment Fund committed to investing in several venture capital vehicles. PIF’s Jada Fund of Funds Co. plans to invest an undisclosed amount in Bahrain-based Investcorp’s $500 million Saudi pre-initial public offering growth fund. The investment vehicle is exclusively focused on supporting a diverse range of companies based in Saudi Arabia during their pre-IPO stage.
sport

Michael Jordan selling majority stake in Charlotte Hornets NBA team.

NEW YORK: Basketball legend Michael Jordan has agreed to sell his majority stake in the NBA’s Charlotte Hornets to an investment consortium, the team announced Friday. The buyer group is led by Gabe Plotkin, chief investment officer at Tallwoods Capital LLC and Rick Schnall, co-president of private equity firm Clayton, Dubilier & Rice. The group also includes musicians J. Cole and Eric Church, said a press release from Hornets Sports & Entertainment that did not disclose financial terms.
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Manchester United in talks to grant exclusivity to Qatari Sheikh for $6B+ sale – sources

LONDON: English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad Al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday. While a deal remains uncertain, the development represents a major milestone in the efforts of Sheikh Jassim — the son of Qatar’s former prime minister who is one of the richest men in the Gulf state — to take over the iconic sports brand.
sport

Messi fever peaks before Beijing friendly game

BEIJING: Messi mania gripped Beijing ahead of a sellout friendly on Thursday evening between world champions Argentina and Australia in the Chinese capital. All eyes were on Lionel Messi, arguably the greatest footballer of all time and who lifted the World Cup for Argentina in December. Hundreds of Chinese fans waving Argentinian flags and wearing Messi jerseys have massed outside the team’s luxury hotel ever since their idol touched down on Saturday.
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Gaza doctor killed by torture in Israeli detention

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GAZA: Adnan Al-Bursh, a Palestinian surgeon and former head of orthopedics at Gaza’s Al-Shifa medical complex, was killed on April 19 under torture in Israeli detention. According to a statement from the Palestinian Prisoners Society, Al-Bursh, 50, died in Ofer Prison, an Israeli-run incarceration facility in the West Bank. His body remains held by the Israeli authorities, according to the Palestinian Civil Affairs Committee. The Palestinian Prisoners Society described the doctor’s death in Israeli custody as “assassination.”

UK Starts Mass Arrests of Potential Rwanda Deportees: What’s Next?

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The UK Home Office has lost contact with more than half the people it wants to deport, has vowed to find them.

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Israel’s ‘Cyber Dome’ Defends Against Iran’s Hackers

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TEL AVIV: Israel’s Iron Dome defense system has long shielded it from incoming rockets. Now it is building a “cyber dome” to defend against online attacks, especially from arch foe Iran.

Syria: Israeli strike near Damascus injures 8 troops

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An Israeli airstrike on the outskirts of Damascus injured eight Syrian military personnel late on Thursday, the Syrian defense ministry said, the latest such attack amid the war in Gaza.

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KFC Malaysia closes outlets amid Gaza boycott

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