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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.

Watch: Gaza Horrors Discussed by Jeremy Scahill and Sharif Abdel Kouddous | TOME

Intercept co-founder Jeremy Scahill and journalist Sharif Abdel Kouddous discuss the U.S. role in Israel’s scorched-earth campaign to annihilate Gaza.

The post Watch: A Conversation on the Horrors in Gaza With Jeremy Scahill and Sharif Abdel Kouddous appeared first on The Intercept.

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.  

UAE startups secure funding for Saudi Arabia expansion

CAIRO: Digital logistics platform Transportr has successfully concluded its eight-figure seed funding round with the participation of Ittihad Ventures Holding and Industrial Capital Group.   Established in 2020, the UAE-based company acts as a multimodal digital freight marketplace, connecting shippers and carriers across various industries to facilitate efficient, transparent, and cost-effective movement of goods.  The platform addresses concerns such as freight rates, manual processes, enhanced visibility, traceability and customer service. 

“Women’s Tennis Tour Considers Saudi Arabia for Potential Business”

 LONDON: Like other sports, women’s tennis is looking into the possibility of getting into business with Saudi Arabia. And while holding a tournament there is not imminent, WTA Chairman and CEO Steve Simon said Friday that he visited that country with some players in February as part of the evaluation process. “It’s a very difficult and very challenging topic that’s being, obviously, measured by many, many different groups right now,” Simon said at an event in London to mark the 50th anniversary of the meeting that led to the founding of the WTA.

Egypt’s Petroleum Ministry launches digital platform for sector investments

RIYADH: Egypt’s petroleum sector is on track to prosper thanks to a new service that will make it easier for investors to spot opportunities in the country. Launched by the Ministry of Petroleum and Mineral Resources, the Upstream Gateway digital platform aims to market petroleum areas globally, according to a statement. It will also provide the geological data required by current and potential investors and promote bids in the North African country’s oil and gas exploration field.

King Fahd Airport: 250k Passengers in 7 Days

RIYADH: King Fahd International Airport witnessed an 11 percent rise in passenger numbers throughout the seven days of the Eid Al-Adha celebration compared to the equivalent period in 2022. Dammam Airports Co., which operates the transport hub, revealed 250,000 people passed through the facility from June 19 to June 2. The airport also witnessed over 2,000 flights during this time, reflecting a 15 percent increase compared to the previous year.

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