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“Saudi Arabia and Slovenia Foster Trade Relations at WEF Event”

RIYADH: Trade and economic ties between Saudi Arabia and Slovenia are expected to improve following a meeting between the Kingdoms’ Minister of Economy and Planning Faisal Alibrahim and Slovenia’s Minister of Digital Transformation Emilija Stojmenova Duh.  The ministers held talks on the sidelines of the recent World Economic Forum summit in Tianjin, China. The pair discussed potential areas of cooperation between both countries and analyzed ways to address issues of common interest, according to the Saudi Press Agency.
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

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.
sport

“US Aims for 3rd Consecutive Women’s World Cup Win: Is the Team at Risk?”

NEW YORK: Even without a few key players, the US head into the Women’s World Cup with a formidable group of wily veterans and eager newcomers. The question is, will it be enough for the team to lift international soccer’s most prestigious trophy again? The US have won the last two World Cups and the goal is to three-peat. But American dominance in women’s soccer isn’t assured anymore. Teams like England and France have caught up, Germany and Sweden remain strong, and then there’s that rival to the north, Canada, who won gold at the Tokyo Olympics.
Business

“Saudi Arabia’s Sustainable Agricultural Challenge Aims to Boost Global Crop Yield”

RIYADH: Saudi Arabia has gathered momentum in its commitment to sustainability by identifying and supporting top innovators of climate-smart agriculture solutions.  Called the Smarter Climate Farmers Challenge, the initiative was launched by the Kingdom in partnership with Uplink, the open innovation platform of the World Economic Forum.  Saudi Minister of Economy and Planning Faisal Al-Ibrahim announced the challenge during the WEF’s 14th annual meeting of the New Champions in Tianjin, China. 
Business

VMS, Saudi Venture Studio, Acquires Stakes in Egypt’s Cash Cows

RIYADH: The startup ecosystem in the Middle East and North Africa region is poised to get a boost as Saudi Arabia-based venture studio VMS has acquired minority stakes in Egyptian startup accelerator Cash Cows.   The purchase of stakes is part of a strategic partnership agreement aimed at supporting the entrepreneurial ecosystem in both countries and in the wider MENA region, according to a press release.  
sport

Italy vows to eradicate racism and anti-Semitism in football arenas

ROME: Italy signed on Tuesday a letter of intent aimed at eradicating anti-Semitism from soccer stadiums across the country. Instances of racism and anti-Semitism are commonplace in Italian stadiums, with fans regularly booing or shouting abuse at Black players, using the word “Jew” as an insult and displaying Nazi or fascist symbols.
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