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National Security

Spy Agencies Manipulated Intelligence for Trump and Obama | TOME

“Individuals looked to avoid conflict and please political masters,” a Pentagon-backed RAND corporation study finds.

The post Spy Agencies Skewed Intel to Please Trump, and Obama Too appeared first on The Intercept.

Business

EU proposes changes to payments sector to support fintech growth

LONDON: The EU has proposed making the payments sector more competitive, giving legal backing to a digital euro, and preserving the role of cash as fewer people use coins and notes, according to Reuters. The package of European Commission reforms seeks to further prise open a payments market long dominated by banks and US duo Visa and Mastercard, which are now being challenged by fintechs that offer rival services using data from customers’ bank accounts.
sport

Top NBA Free Agency Players to Watch: Draymond Green, Kyrie Irving

NEW YORK: Some of the players to watch in NBA free agency, which starts Friday evening: Kyrie Irving, Dallas This one will be interesting. Irving is one of the best players in the NBA. He also tends to be a challenge, and evidently got unhappy over time at his previous stops — Cleveland, Boston and Brooklyn. It seems unlikely that Irving will want a short-term deal, but there aren’t many teams that can afford him, either Fred VanVleet, Toronto
Business

“Food Show in Riyadh: Saudi Arabia and Oman Sign Multiple MoUs”

RIYADH: Reflecting the strengthening of economic and investment ties between Riyadh and Muscat, Omani companies signed multiple contracts and memoranda of understanding at the Saudi Food Show held last week.   Oman, represented by the Public Establishment for Industrial Estates, or Madayn, had fruitful bilateral discussions with key company executives, investors, commercial agents and suppliers from Saudi Arabia at the event held in Riyadh. 
Business

“World Bank Offers Repayment Pause to Nations in Crisis”

PARIS: The head of the World Bank said Thursday that the lender planned to introduce a “pause” mechanism for debtor countries in the event of them being hit by a crisis. Ajay Banga told a summit on financing the fight against climate change that the multilateral lender would adopt a new approach that “significantly expands the World Bank’s toolkit.” The most important measure would be offering “a pause on debt repayments so countries can focus on what matters when a crisis hits and stop worrying about the bill that is going come,” he added.
Business

Riyadh Air CEO announces direct flights from Saudi capital to major European cities

PARIS: In line with its goal to serve over 100 destinations by 2030, Riyadh Air will connect the Kingdom’s capital to major cities of Europe, its CEO said.   Speaking to Arab News on the sidelines of the Paris Air Show, Tony Douglas said the company intends to reveal something new every two months as the airline gears up for its 2025 launch. While Saudi Arabia is one of the world’s fastest-growing economies and the highest populated country within the Arabian Peninsula, it is not globally well-connected as it needs to be.  
Business

Bank of China to launch in Riyadh in 2021, confirms official

RIYADH: In yet another sign of increasing cooperation between the world’s second-largest economy and the Arab world, the Bank of China is set to open its first branch in Riyadh later in 2023, reported Asharq. It quoted Jun Tian, head of the team for the launch, as saying that the bank’s branch in the Saudi capital is expected to begin operations by the end of October or at the beginning of November.
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Elon Musk’s Feud Over Free Speech with Australia and Brazil | TOME

Economy 0
X owner is fighting governments over their attempts to curtail online content deemed to be harmful.

Hamas Official: Israel Won’t Achieve Goals in Rafah

News 0
GAZA STRIP, Palestinian Territories: A senior Hamas official told AFP on Thursday that Israel would fail to meet its stated goals of defeating the Palestinian militant group and freeing hostages by invading the southern Gaza city Rafah. “Even if (Israel) enters and invades Rafah, it will not achieve what it wants,” Ghazi Hamad said in an interview over the phone from Qatar, where a number of senior figures from Hamas’s political bureau are based.

Popular

Shawarma Restaurant in Cairo Offers Taste of Home for Displaced Palestinians

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CAIRO: A Palestinian businessman displaced by the war in Gaza is bringing a taste of home for fellow refugees with a shawarma restaurant he has opened in Cairo. “The Restaurant of Rimal Neighborhood” offers shawarma, a Middle Eastern dish of thinly sliced meat, and other Palestinian and Arab dishes. “The name comes to eternalize Rimal, my neighborhood, and my homeland too,” said Basem Abu Al-Awn. “It is also to replace the restaurant I once had in Gaza. Two restaurants of mine, in addition to my house and the houses of my relatives, were destroyed,” he said.

Hamas Official: Israel Won’t Achieve Goals in Rafah

News 0
GAZA STRIP, Palestinian Territories: A senior Hamas official told AFP on Thursday that Israel would fail to meet its stated goals of defeating the Palestinian militant group and freeing hostages by invading the southern Gaza city Rafah. “Even if (Israel) enters and invades Rafah, it will not achieve what it wants,” Ghazi Hamad said in an interview over the phone from Qatar, where a number of senior figures from Hamas’s political bureau are based.

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Elon Musk’s Feud Over Free Speech with Australia and Brazil | TOME

Economy 0
X owner is fighting governments over their attempts to curtail online content deemed to be harmful.

Microsoft and Google Report Double-Digit Profit Growth, Boosting AI Case

Economy 0
Tech giants' shares surge after stronger-than-expected earnings.

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