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Saudi Arabian Teenagers Eliminated from Asia and World Cups

Saudi Arabia crashed out of the Asian Football Confederation’s U-17 Asia Cup on Monday with a 2-0 quarterfinal loss to Uzbekistan that also ended their chances of appearing at the FIFA U-17 World Cup later this year.
Business

Saudi EXIM Bank and NBB collaborate to enhance exports

RIYADH: Bilateral trade between Saudi Arabia and Bahrain is set to receive a further boost after banks from both sides entered into an agreement to offer competitive financing to firms involved in the import and export of goods.  According to a memorandum of understanding signed between the National Bank of Bahrain and the Saudi Export-Import Bank, also known as Saudi EXIM Bank, NBB will offer competitive financing rates to Bahraini companies importing goods from Saudi Arabia.  
sport

SAFF introduces innovative funding program for women’s football empowerment.

The Saudi Arabian Football Federation (SAFF) on Monday announced a funding initiative and support system for women’s football clubs.   This initiative is designed to “further enhance the rapidly growing women’s football leagues and the wider sport in Saudi Arabia, ensuring its sustainability and development for years to come,” a press release read.    SAFF’s funding program will provide vital financial assistance to the Saudi Premier League and Women's First Division clubs.  
Business

GACA suggests economic rules to enhance aviation efficiency

  RIYADH: Saudi Arabia’s aviation sector’s efficiency and competitiveness are set to receive a boost thanks to the new economic regulations that are likely to be introduced. The General Authority of Civil Aviation has put forward the draft economic regulations for airports on a survey platform between June 22 and July 20, according to a statement. The regulations aim to support the rapid growth of the sector, enhance passenger experience and ensure transparency and fairness.
sport

US to host larger Club World Cup in 2025

The first edition of FIFA’s new 32-team Club World Cup will be held in the United States in 2025, world football’s governing body said on Friday. FIFA had confirmed in March that the revamped Club World Cup will be played every four years from June 2025. The FIFA Council unanimously appointed the United States as the competition’s hosts for the first edition of the expanded format. The United States will also host the 2024 Copa America while they are also co-hosts of the 2026 World Cup along with Mexico and Canada.
Business

Aramco and TotalEnergies Award $11 Billion Amiral Project Contracts

DHAHRAN, Saudi Arabia: Aramco and TotalEnergies have awarded engineering, procurement and construction contracts for the $11 billion Amiral complex, a future world-scale petrochemicals facility expansion at the Kingdom’s SATORP refinery. A signing ceremony took place in Dhahran attended by Amin H. Nasser, Aramco president and CEO, and Patrick Pouyanne, TotalEnergies chairman and CEO.
sport

Newcastle Chairman’s Dream: To Become the Top Club

LONDON: Newcastle United chairman Yasir Al-Rumayyan said on Friday he wants the Magpies to become the “number one” club, but made it clear that the ongoing development of the team will adhere to the sport’s financial fair-play rules. During an interview published on the club’s social media, the Saudi Public Investment Fund supremo said the board of directors now expects the club to be playing at the very top level of European football on a regular basis, and will build a “squad of stars.”
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Sudan paramilitaries to open ‘safe passages’ out of Darfur city

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PORT SUDAN: Sudan’s paramilitary Rapid Support Forces have announced their willingness to open “safe passages” out of the former haven city of El-Fasher in Darfur, which has been gripped by fighting for weeks. The RSF, battling the regular army for more than a year, affirmed in a post on X late Friday “the readiness of its forces to help citizens by opening safe passages to voluntarily leave to other areas of their choosing and to provide protection for them.”

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