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PEN America in Damage-Control Mode Amid Staff and Palestinian Writer Revolt

"We’re not going to clean up your mess,” said analyst Rula Jebreal about PEN America’s recent outreach to prominent Palestinian voices.

The post PEN America in Damage-Control Mode Amid Revolt From Staff and Palestinian Writers appeared first on The Intercept.

Business

ACWA Power announces 2 million share buyback and 8.3% dividend for 2022

RIYADH: Shareholders of Saudi energy firm ACWA Power have approved the buyback of 2 million shares. The decision was taken during the extraordinary general meeting held on June 22. According to the company’s disclosure to the Saudi Stock Exchange, the shares will be utilized in the employee stock incentive program. In addition, the buyback is to be financed from the firm’s resources, ACWA Power revealed. The board of directors will complete the buyback within 12 months from the EGM date.
Business

PIF Ranks 7th Worldwide and Top in Mideast for High GSR Scores

RIYADH: Saudi Arabia’s Public Investment Fund ranked first in the Middle East region and seventh worldwide among 100 global state-owned funds for scoring high in governance, sustainability and resilience practices, according to the evaluation of the Global Sovereign Wealth Funds. Launched in 2020, the GSR scorecard is driven by an annual review of the best practices of the world’s top 100 funds, focusing on 25 elements — 10 of which are associated to governance and transparency, 10 to sustainability and responsible investing, and five to resilience and legitimacy. 
Business

TotalEnergies’ First Solar Power Plant in Saudi Arabia Fully Financed

RIYADH: Sustainable energy provision in Saudi Arabia is set to grow after French energy giant TotalEnergies achieved financial closure for its first solar power plant in the Kingdom.  According to a press statement, the 119 megawatts solar plant will be developed by a consortium of TotalEnergies, Japan’s Toyota Tsusho and Saudi Arabia’s Altaaqa Renewable Energy.  The group secured a power purchase agreement for the project with Riyadh-based Saudi Power Procurement Co. in an auction held between 2021 and 2022. 
Business

UAE’s ADNOC Distribution Signs Deal with India’s HPCL

RIYADH: In a bid to expand its lubricant and allied products business in India, UAE’s ADNOC Distribution has inked a deal with Hindustan Petroleum Corp. Ltd.   HPCL is one of the largest lubricant marketers and fuel retailing companies in India, and with this deal ADNOC Distribution aims to tap into Asia’s second-largest economy, which has an annual demand of 3 billion liters of lubricants.   The deal will also give ADNOC access to a vast network of over 28,000 retail stations in the country, news agency WAM reported.  
Business

Q8 to Construct Rome’s First Hydrogen Refueling Station in Kuwait

RIYADH: Italy’s energy transition plans received a further boost as Kuwait Petroleum International, also known as Q8, laid the foundation for Rome’s first circular hydrogen refueling station in collaboration with Maire Group.
Environment

Samuel Alito’s Wife Leases Land to Oil and Gas Company During EPA Battle

A deal made by Alito’s wife with an energy company paints recent Supreme Court decisions on the environment in a damning light.

The post Samuel Alito’s Wife Leased Land to an Oil and Gas Firm While the Justice Fought the EPA appeared first on The Intercept.

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Israeli Army Targets 40 Hezbollah Sites in South Lebanon

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Beirut: Lebanon’s Iran-backed Hezbollah movement said it fired a fresh barrage of rockets across the border on Wednesday after a strike blamed on Israel killed two civilians. The group had already fired rockets at northern Israel late on Tuesday “in response” to the civilian deaths. Hezbollah has exchanged near-daily fire with the Israeli army since its ally Hamas carried out an unprecedented attack on Israel on October 7, triggering war in Gaza. It has stepped up its rocket fire on Israeli military bases in recent days.

Israel’s Bulldozer Strategy in the West Bank

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Israeli forces often use bulldozers in raids on the occupied West Bank. We look at what’s behind this strategy.

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Athens Sky Turns Orange in Dust Storm

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Skies over Athens and southern Greece turned orange on Tuesday as strong winds blew sand and dust from northern Africa.

Israeli Army Targets 40 Hezbollah Sites in South Lebanon

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Beirut: Lebanon’s Iran-backed Hezbollah movement said it fired a fresh barrage of rockets across the border on Wednesday after a strike blamed on Israel killed two civilians. The group had already fired rockets at northern Israel late on Tuesday “in response” to the civilian deaths. Hezbollah has exchanged near-daily fire with the Israeli army since its ally Hamas carried out an unprecedented attack on Israel on October 7, triggering war in Gaza. It has stepped up its rocket fire on Israeli military bases in recent days.

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Australia and Musk Clash Over Censorship

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Elon Musk and Australian Prime Minister Anthony Albanese clash over order to remove X posts on church stabbing.

Australia PM criticizes Musk’s X over stabbing video

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Anthony Albanese says decision to challenge takedown order for content related to church stabbing 'extraordinary'.

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