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Israel Prepares to Invade Rafah: Terror and Panic Ensue

Palestinians in Rafah’s rapidly growing makeshift camps talk about all they have lost and endured throughout four months of Israel’s war on Gaza.

The post “Where Can We Go?”: Terror and Panic Set In as Israel Readies to Invade Rafah appeared first on The Intercept.

News

AIPAC: Top Donor to Jamaal Bowman’s Primary Challenger | TOME

George Latimer was recruited by AIPAC to challenge Bowman, a member of the Squad who has called for a Gaza ceasefire.

The post AIPAC Is the Largest Donor, By Far, to Jamaal Bowman’s Primary Challenger appeared first on The Intercept.

News

Rep. Summer Lee Announces Record Small-Donor Fundraising Amid AIPAC Opposition | TOME

AIPAC, which tried to recruit challengers to the Squad member, dropped $5 million on her last race.

The post Facing AIPAC Onslaught, Rep. Summer Lee Announces Record Small-Donor Fundraising Haul appeared first on The Intercept.

Business

Saudi Airlines Catering Co. inks $720m agreement with Red Sea Global

RIYADH: A SR2.7 billion ($720 million) deal has been signed which will see Saudi Airlines Catering Co. provide laundry services for hotels at Red Sea Global’s tourist developments. The agreement was announced on the Saudi stock exchange, Tadawul, and SACC expects the deal to start showing up in its profit margin by the third quarter of 2025. The 20-year contract will see SACC operate laundry services for hotels, resorts and other facilities located within the destination.
Business

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.
Business

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. 
Business

Thales strengthens Saudi Arabia presence with focus on defense and civil aviation

PARIS: Multinational defense company Thales is committed to strengthening its presence in Saudi Arabia and expanding its operations to align with the country’s Vision 2030 initiative, one of the firm’s leading figures has told Arab News. Speaking on the sidelines of the Paris Air Show, Pascale Sourisse, president of Thales International, said the organization not only wants to bolster the Kingdom’s defense sector, it is also branching out into other areas such as security, civil aviation and higher education.
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Professors Nationwide Defend Students Against Politicians and Police: UCLA to Columbia | TOME

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University faculty have put their bodies and livelihoods on the line amid a brutal, violent response to student protests for Gaza.

The post From UCLA to Columbia, Professors Nationwide Defend Students as Politicians and Police Attack appeared first on The Intercept.

Lebanon urged to finalize deal with EU border agency to curb illegal migration

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BEIRUT: The EU has announced an aid package for Lebanon of 1 billion euros ($1.06 billion) to help boost border control and halt the flow of asylum-seekers and migrants from the country across the Mediterranean Sea to Cyprus and Italy. It comes against a backdrop of increasing hostility toward Syrian refugees in Lebanon and a major surge in irregular migration of Syrians from Lebanon to Cyprus. The UN High Commissioner for Refugees, meanwhile, has decided to reduce healthcare coverage for registered Syrian refugees by 50 percent.

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Professors Nationwide Defend Students Against Politicians and Police: UCLA to Columbia | TOME

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University faculty have put their bodies and livelihoods on the line amid a brutal, violent response to student protests for Gaza.

The post From UCLA to Columbia, Professors Nationwide Defend Students as Politicians and Police Attack appeared first on The Intercept.

US Violates Leahy Law for Military Support to Israel

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The Biden administration has refused to restrict US funding to Israeli army units that committed rights violations.

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New Generation of Organized Labor Rises in US

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US experiencing the biggest strike wave in 50 years.

Microsoft to invest $1.7 billion in AI and cloud infrastructure in Indonesia

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Microsoft CEO Satya Nadella says investment will help Southeast Asia's biggest economy thrive in 'new era'.

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