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US Lawmakers Aim to Stop State Bans on Foreign Property Purchases

A raft of states are looking to restrict property purchases by citizens of U.S. adversaries like China and Iran. Democrats in Washington are pushing back.

The post U.S. Lawmakers Seek to Preempt State-Level Bans on Foreigners Buying Property appeared first on The Intercept.

sport

“Saudi company sponsors Newcastle United in £25m annual deal”

NEWCASTLE: Saudi company Sela has been announced as Newcastle United’s new front of shirt sponsor in a multi-year deal worth around £25 million ($31.4 million) a year to the club. The Magpies announced the record-breaking deal on Friday as they launched their new kit for the 2023/24 Premier League and Champions League campaigns. 
Business

Saudi Electricity Co. invests $373m to enhance power grid through 3 projects.

RIYADH: Electricity networks across three Saudi governates are set to undergo SR1.4 billion ($373 million) worth of improvements to reduce the areas’ liquid fuel consumption and carbon emissions. State-owned Saudi Electricity Co. will invest the money across Rafha, Al-Wajh and Najran, reported the Saudi Press Agency.  Ensuring reliability and continuity, the company aims to maximize electric power generation units for network efficiency and subscribers’ benefits.
Business

NEOM’s Green Hydrogen Project Receives Saudi Arabia’s First Sustainable Guarantee

RIYADH: Saudi Arabia’s green hydrogen project being developed at NEOM received the Kingdom’s first sustainable guarantee from the British bank, Standard Chartered, which agreed to extend funding support for its contractor Larsen & Toubro to build the necessary renewable energy infrastructure.  Located at Oxagon, the world’s largest green hydrogen plant is being built by NEOM Green Hydrogen Co., which is an equal joint venture between ACWA Power, Air Products and the $500-billion giga-project.
sport

Saudi Arabia U-23s Ready for Toulon Tournament Opener

RIYADH: Saudi Arabia’s U-23 football team on Saturday and Sunday held the final sessions of their training camp ahead of their opening match in the Maurice Revello Tournament, which runs from June 5 to 18.  The Toulon tournament, as it is also known, forms part of their preparation program for qualifiers for the 2024 AFC U-23 Cup later this year. The Green Falcons conducted their training session under the supervision of head coach Saad Al-Shehri and technical staff, during which they went through physical drills, followed by work on the tactical aspects of play.
Business

Saudi Green Initiative intensifies fight against plastic pollution.

RIYADH: As the world is getting choked by plastic pollution, the planet is set to ring in another Environment Day on June 5, focused on ending the nondegradable waste’s disastrous effects.  According to the UN Environment Programme, the world produces around 400 million tons of plastic annually, and just 9 percent of it gets recycled. What is worse? Almost 130,000 tons of plastic waste end up in the ocean every year. 
sport

WBC Celebrates 60th Anniversary with Emphasis on Boxing Diversity

The boxing world is celebrating as the World Boxing Council (WBC) proudly enjoys its Diamond Anniversary; 60 years of promoting the “sweet science” of boxing, shaping the sport’s landscape and awarding its champions with its famous green and gold belts. Since its inception in 1963, the WBC has been an instrumental force in boxing, fostering sporting excellence, advocating for fighters’ rights and inspiring millions of fans worldwide.
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Bamyan shooting kills three Afghans and three Spanish tourists

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Group of tourists and their companions was fired on while walking through a market in central Afghanistan.

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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Intense fighting in northern Gaza as aid arrives at US pier | TOME

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CAIRO: Israeli forces battled Hamas fighters in the narrow alleyways of Jabalia in northern Gaza on Friday in some of the fiercest engagements since they returned to the area a week ago, while in the south militants attacked tanks massing around Rafah.

Can Gandhi family survive Modi in India’s biggest election prize?

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The pocket boroughs of Amethi and Rae Bareli have stood by the first family of Indian politics through ups and downs.

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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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