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“Bharat Petroleum of India to Raise $2.19bn for Green Energy Expansion”

RIYADH: State-owned oil marketing company Bharat Petroleum said on Wednesday it approved raising up to 180 billion rupees ($2.19 billion) through an issue of equity shares on a rights basis, underscoring India’s push to achieve net-zero emissions goals. The details of the issue, including the price, right entitlement and timing, will be intimated separately after the board approval, it said in an exchange filing. Last week, the company said the funds would be used to achieve “energy transition, net zero and energy security objectives.”
Deconstructed Podcast

Newly Released NIH Emails: Uncovering Covid’s Origin Secrets

A conversation on the ongoing battle to expose the origins of the Covid-19 pandemic.

The post New NIH Emails Released: What Are Officials Trying to Hide About Covid’s Origins? appeared first on The Intercept.

Business

Sound Energy secures $237m financing for Moroccan gas project in the UK

RIYADH: A natural gas project in east Morocco will soon be completed thanks to a new finance push from the largest bank in the North African country. UK-based Sound Energy has received a conditional offer from Attijariwafa Bank to obtain funding amounting to 2.3 billion Moroccan dirhams ($237 million) for the Tendrara-based project’s second phase, according to a statement. The funding will be allocated for completing drilling, operating wells, and building a pipeline to transport natural gas to the state’s National Office of Electricity and Drinking Water.
Business

New Electrical Transmission Line Connects Afar, Saudi Arabia to Yusufiya, Iraq

DUBAI: Aiming to step up energy security and usher in a new era in regional cooperation, Prince Saud bin Nayef bin Abdulaziz, the governor of the Eastern Province, inaugurated an electrical interconnection project between the Gulf Cooperation Council Interconnection Authority and Iraq. Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman said the connection was a dream turned reality, in an interview with Al-Arabiya. He said this landmark deal could achieve tangible economic benefits and enhance energy security.
sport

Saudi’s Abdullah Al-Qahtani Wins American Debut in PFL

Saudi Arabia’s Abdullah Al-Qahtani on Friday night claimed victory at his Professional Fighters League debut, which took place at the Overtime Elite Arena in Atlanta. Fighting in the featherweight division, “The Reaper” wasted no time in defeating his opponent, American Lamar Brown, via a face-crank submission in just 95 seconds.  
Business

Macron finalizes $100bn climate finance accord with leaders in France

PARIS: Wealthy nations finalized an overdue climate finance pledge to developing countries worth $100 billion on Friday and created a fund for biodiversity and the protection of forests, France’s president said, according to Reuters. Emmanuel Macron was speaking at a final panel of a summit in Paris where some 40 leaders, including two dozen from Africa, China’s prime minister and Brazil’s president had gathered to give impetus to a new global finance agenda.
sport

Abdullah Al-Qahtani to Make Professional Fighters League Debut in Atlanta, Saudi Arabia

On Friday night Abdullah Al-Qahtani will step into the ring in Atlanta proudly wearing Saudi Arabia’s colors on the international stage, in the most high-profile bout of his career. The 24-year-old fighter from Riyadh will take on Lamar Brown of the US at the Overtime Elite Arena in the Featherweight category of Professional Fighters League, which is second only to Ultimate Fighting Championship in popularity among mixed martial arts fans globally.
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Iranian president’s helicopter crashes

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The helicopter carrying Iranian President Ebrahim Raisi and the foreign minister has suffered a ‘hard landing.'

Israeli strike on Nuseirat kills 31: Gaza officials

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GAZA STRIP, Palestinian Territories: A Gaza hospital said Sunday that an Israeli air strike targeting a house at a refugee camp in the center of the Palestinian territory killed at least 20 people. “We received 20 fatalities and several wounded after an Israeli air strike targeted a house belonging to the Hassan family in Al-Nuseirat refugee camp in central Gaza,” the Al-Aqsa Martyrs Hospital said in a statement. Witnesses said the strike occurred around 3:00 a.m. local time. The Israeli army said it was checking the report.

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UN: 800K Flee Rafah as Israel Kills Dozens in Gaza

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Israel says it recovered remains of one captive while Hamas claims several attacks against Israeli troops across Gaza.

Israeli strike on Nuseirat kills 31: Gaza officials

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GAZA STRIP, Palestinian Territories: A Gaza hospital said Sunday that an Israeli air strike targeting a house at a refugee camp in the center of the Palestinian territory killed at least 20 people. “We received 20 fatalities and several wounded after an Israeli air strike targeted a house belonging to the Hassan family in Al-Nuseirat refugee camp in central Gaza,” the Al-Aqsa Martyrs Hospital said in a statement. Witnesses said the strike occurred around 3:00 a.m. local time. The Israeli army said it was checking the report.

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Cambodia launches $36.6bn building drive, China and Japan vie for spoils

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Cambodian Prime Minister Hun Manet has unveiled a 174-project master plan that has attracted bids by rival powers.

Olympic Athletes’ Financial Hurdles | TOME

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Full-time training, travel to compete, medical and most other costs for these athletes are out of pocket.

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