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Russian-UAE Economic Cooperation Praised at SPIEF

ST. PETERSBURG: Russian firms are keen to develop further ties with the UAE, the country’s deputy prime minister has insisted in a speech lauding economic links between the two nations. Speaking at the St. Petersburg International Economic Forum, Denis Manturov — also Russia’s industry and trade minister — noted the special nature of Russian-Emirati relations, which includes strong ties of friendship and a rich history of cooperation based on the principles of mutual respect and trust.

Saudi start-up wins Visa award for digital finance

RIYADH: A Riyadh start-up has won top prize in a Visa-sponsored competition that seeks to improve digital shopping. Amwal Tech, which was set up last year, came top in the Saudi heat of the Visa Everywhere Initiative, taking a SR150,000 ($40,000) prize for its all-in-one encrypted transaction and identity app that processes payments quickly and safely. Lamaa, a Saudi financial tech firm, was runner-up with prize money of SR100,000, and also won a separate “social impact award” with a SR50,000 prize. Monak, a “digital lifestyle” company, came third and won SR50,000.

Usyk’s Signing May Lead to Fury Fight in Kingdom, Says Skill Challenge Entertainment’s Boxing Director

Amer Abdallah, director of boxing of Prince Khalid bin Abdulaziz’s Skill Challenge Entertainment, talks to Arab News about the landmark signing of Oleksandr Usyk — and other additions — to the organization, potential world title fights in Saudi Arabia and the Kingdom’s successful ventures into a diverse range of sports globally. Oleksandr Usyk has signed to Skill Challenge Entertainment’s growing stable of local and international fighters. What made this good fit for you?

George Soros hands over control of his empire to younger son: WSJ

NEW YORK: Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with The Wall Street Journal published online Sunday.

Manchester City clinches first Champions League title by defeating Inter Milan

ISTANBUL: Manchester City won the first Champions League in their history on Saturday and secured a treble of trophies by beating Inter Milan 1-0. In a far closer match than many pundits had predicted, Rodri’s sweetly-struck goal proved the difference for Abu Dhabi-backed City, who have already won the Premier League and FA Cup this season. Rodri sidefooted in on 68 minutes after Bernardo Silva pulled back a cross that fell perfectly for the unmarked Spaniard at the Ataturk Olympic Stadium.

Diriyah CEO predicts Saudi Arabia as a popular spot for Chinese tourists

RIYADH: Saudi Arabia will become an attractive destination for Chinese tourists in the next 20 years, said the group CEO of the Diriyah Gate Development Authority. Speaking on the first day of the 10th Arab-China Business Conference in Riyadh on Sunday, Gerard Inzerillo said Chinese travel enthusiasts are raised in one of the most culturally rich countries in the world, as it is home to a unique cuisine, music, dance, literature and calligraphy.

“Iga Swiatek Wins 3rd French Open Title and 4th Slam by Defeating Karolina Muchova”

PARIS: Iga Swiatek suddenly seemed lost in the French Open final. Her strokes were awry. Her confidence was gone. Her big early lead vanished, too. She kept looking up into the stands, seeking guidance from her coach and her sports psychologist. So much was amiss right up until she was two games from defeat against unseeded Karolina Muchova on Saturday. And then, when she needed to most, Swiatek transformed back into, well, Swiatek. The No. 1 player in women’s tennis for more than a year. The defending champion at Roland Garros. Aggressive. Decisive. Full of clarity.

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