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Saudi Arabia and UAE pledge $6bn for Iraq investment support

RIYADH: Saudi Arabia and the UAE have committed to allocate $6 billion for expanding international trade and investment in Iraq, reported Iraqi News Agency.  On Sunday, the Federation of Iraqi Chambers of Commerce announced that it also agreed to set up business councils of the Kingdom and the UAE in the country.   “The UAE and Saudi Arabia deposited $3 billion each to support their operations in Iraq, which include trade and investment activities,” said FICC President Abdel Razzak Al-Zouhairy.  
sport

“Fowler dominates Rocket Mortgage Classic at 20 under, aiming to break drought”

DETROIT: Rickie Fowler has put himself in a position to win a PGA Tour title again. He’s hoping to take advantage for a change. Fowler birdied six of his last eight holes Saturday to surge into the Rocket Mortgage Classic lead at 20 under, giving him another chance to end a four-year PGA Tour victory drought. “I’m not scared to fail,” said Fowler, who had an 8-under 64 to take a one-stroke lead over Adam Hdwin at Detroit Golf Club. “I’ve dealt with plenty of that.” Indeed.
Business

Russian companies eager to strengthen UAE relations: deputy PM

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.
sport

Kokrak and DJ tied for LIV lead after eventful trip to Spain

SOTOGRANDE, Spain: Jason Kokrak had to go through four countries over three days to reach Spain and then managed a 4-under 67 to share the lead with Dustin Johnson in LIV Golf-Valderrama. Johnson was coming off a tie for 10th in the US Open two weeks ago for his best finish in a major this year. He played bogey-free over his last 16 holes at Valderrama as he goes for his second LIV win this year.
sport

Biles set to make competitive comeback in August

LOS ANGELES: Gymnastics superstar Simone Biles is poised to compete in August for the first time since mental health and safety concerns cut short her Tokyo Olympics campaign, entering the August US Classic near Chicago. USA Gymnastics announced Wednesday that the four-time Olympic gold medalist was entered in the August 4-5 event, which would be her first since she withdrew from most of her events in Tokyo in 2021. “Registration...does not guarantee participation,” USA Gymnastics warned in the statement.
sport

Talor Gooch and 4Aces GC Excel at LIV Golf Halfway Mark

Seven events into the LIV Golf League’s first official 14-tournament season and the individual and team championship competitions are heating up, while those at the bottom of the table face possible relegation. Talor Gooch of RangeGoats GC leads the individual standings with 96 points, thanks to impressive back-to-back wins in Adelaide and Singapore. Stinger GC’s Branden Grace and Smash GC captain and 2023 PGA Championship winner Brooks Koepka trail closely behind with 86 and 85 points, respectively.
Business

PIF’s Lifera partners with CENTOGENE for global omics diagnostics.

RIYADH: Patients in the Gulf Cooperation Council region could get faster and more accurate diagnoses after the Public Investment Fund-owned Lifera announced a joint venture with CENTOGENE.  The biopharmaceutical company will be working with the German-based firm to provide multiomic testing services — a concept in biological research that aims to comprehensively characterize and quantify large numbers of molecules in complex samples.
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Biden talks with Netanyahu amid Israeli preparations for Rafah offensive

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WASHINGTON: President Joe Biden and Israeli Prime Minister Benjamin Netanyahu spoke Monday morning, a White House official and a National Security Council spokesperson said, as Israel appeared closer to launching an offensive on the southern Gaza city of Rafah — a move staunchly opposed by the US on humanitarian grounds.

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Israel military evacuating Palestinian civilians from Rafah, radio reports

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CAIRO: Three Israeli soldiers were killed in a rocket attack claimed by Hamas armed wing, near the southern Gaza Strip city of Rafah, where Palestinian health officials said at least 19 people were killed by Israeli fire on Sunday. Hamas's armed wing claimed responsibility on Sunday for an attack on the Kerem Shalom crossing into Gaza that Israel said killed three of its soldiers.

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KFC Malaysia closes outlets amid Gaza boycott

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