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Pakistan’s Historic Turnout Overwhelms Military’s Election Rigging Efforts

In a turbulent 24 hours following Pakistan’s elections, the U.S.-backed military has proved unable to suppress the populist movement interrogating its authority.

The post Historic Turnout in Pakistan Is Swamping the Military’s Effort to Rig the Election appeared first on The Intercept.

Indonesia State Apparatus Prepares to Elect Notorious General | TOME

With a vote looming, the government is working to install Prabowo, one of the former dictator Suharto’s top commanders and a longtime U.S. protégé.

The post Indonesia State Apparatus Is Preparing to Throw Election to a Notorious Massacre General appeared first on The Intercept.

Unsafe Gaza: TOME

Humanitarian relief activist Amed Khan describes the worsening crisis on the ground in Gaza.

The post No Safe Place in Gaza appeared first on The Intercept.

SCOTUS Boosts Security After Overturning Roe v. Wade

After the Dobbs decision leaked, the Supreme Court more than doubled its protective detail, despite no evidence of a heightened threat.

The post After Overturning Roe v. Wade, SCOTUS Treats Itself to Sprawling Security Detail appeared first on The Intercept.

Positive performance in GCC equity markets driven by Saudi Arabia and the UAE

RIYADH: After a steep decline in May, Gulf Cooperation Council countries saw an optimistic bounce back in equity market index performances in June with the UAE and Saudi Arabia as top performers.  According to a Kamco Invest report, the UAE’s Dubai Financial Market was the best-performing market in the GCC in terms of index closings with a monthly increase of 6 percent, followed by Saudi Arabia’s Tadawul All Share Index with a rise of 4 percent.   Kuwait’s market came in third with a 3.4 percent month-on-month increase, followed by Oman’s, with a 3.1 percent incline.

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.

Saudi stock market closes with modest gains as TASI increases by 35 points

RIYADH: On its first trading day after the Eid holidays, Saudi Arabia’s stock market saw a muted performance, with its Tadawul All Share Index rising 34.93 points — or 0.3 percent — to close at 11,493.91 points.   While MSCI Tadawul Index inched up 0.4 percent to 1,516.30 points, the parallel market Nomu fell 4.22 percent to close at 25,043.16.   The total trading turnover of the benchmark index was SR4.56 billion ($1.22 billion) as 143 of the 228 listed stocks advanced, while 60 retreated.  

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