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PIF invests in DigitalBridge for data centers in Saudi Arabia and GCC

RIYADH: The Gulf Cooperation Council region will soon emerge as a data center development hub, with Saudi Arabia’s Public Investment Fund investing in a new partnership with global asset manager DigitalBridge.  According to a company press release, the partnership will prioritize investments in the data center sector and other segments of digital infrastructure in line with PIF’s strategy.  The note added that the fund’s strategy aims to enable sectors and increase local content by establishing partnerships with the private sector.   
Business

TASI drops 0.47% and Nomu gains 231 points at closing bell

RIYADH: Saudi Arabia’s Tadawul All Share Index shed 53.42 points, or 0.47 percent, on Tuesday to close at 11,275.77. The parallel market Nomu, which lost 183.81 points on Monday, rose by 230.64 points to close at 20,834.64 on May 23. The MSCI Tadawul Index dropped 0.73 percent to 1,509.98.  The total trading turnover of the benchmark index was SR6.64 billion ($1.77 billion).  East Pipes Integrated Co. for Industry was the top performer as its share price surged 7.55 percent to SR65.50. 
News

California to phase out diesel trucks for cleaner air

California will require nearly half of all heavy truck sales to be electric by 2035 as the state aims to cut emissions.
Economy

US Sanctions Chinese Firms for Uighur Repression

Commerce Department says companies are implicated in Beijing's 'campaign of repression' against ethnic minority Muslims.
News

19 African Asylum Seekers Killed in Boat Sinking off Tunisia

Latest deaths come as Italian media report that a record 2,000 refugees had arrived in Lampedusa within 24 hours.
Entertainment

Sarah Cameron’s Fate in Outer Banks Season 2: Let’s Find Out!

Outer Banks is an adolescent mystery drama adventure series created by Josh Pate, Jonas Pate, and Shannon Burke and set on the namesake North Carolina barrier islands. The series’ central conflict involves the Kook Sarah Cameron (Madelyn Cline) & the Pogue John B (Chase Stokes), who are involved in a star-crossed romance despite the series’ […]
Entertainment

Top Action Favorites on DIRECTV Now to Amp Up Your Downtime!

Are you someone who anxiously waits for the new movie lineup? Or do you enjoy walking down memory lane by revisiting past favorites to relive those memories of pure bliss and joy once again? Though most movie channels reveal their lineup, just as the new season is around the corner, sometimes the menu doesn’t hold […]
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UN warns of Darfur starvation and death if aid is blocked

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UNITED NATIONS: The United Nations food agency warned Sudan’s warring parties Friday that there is a serious risk of widespread starvation and death in Darfur and elsewhere in Sudan if they don’t allow humanitarian aid into the vast western region. Leni Kinzli, the World Food Programme’s regional spokesperson, said at least 1.7 million people in Darfur were experiencing emergency levels of hunger in December, and the number “is expected to be much higher today.”

Hungarian families find hope in sustainable living | TOME

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In growing trend, families aspire to become self-sufficient by living off the land, preserving it for next generations.

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Saving Iraq’s Waterways: The Battle for the Marshes

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Jassim Al-Asadi has spent much of his life fighting for the survival of the Iraqi Marshes, but the battle is difficult.

UN warns of Darfur starvation and death if aid is blocked

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UNITED NATIONS: The United Nations food agency warned Sudan’s warring parties Friday that there is a serious risk of widespread starvation and death in Darfur and elsewhere in Sudan if they don’t allow humanitarian aid into the vast western region. Leni Kinzli, the World Food Programme’s regional spokesperson, said at least 1.7 million people in Darfur were experiencing emergency levels of hunger in December, and the number “is expected to be much higher today.”

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KFC Malaysia closes outlets amid Gaza boycott

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Franchise operator cites 'challenging economic conditions' amid local reports linking closures to boycotts of Israel.

New Generation of Organized Labor Rises in US

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US experiencing the biggest strike wave in 50 years.

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