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Saudi Communications Minister strengthens tech partnerships with China

RIYADH: In an effort to boost Saudi-Chinese relations, the Kingdom’s minister of communications and information technology, Abdullah Al-Swaha, began an official visit to China to meet government officials and leaders, the Saudi Press Agency reported.   The minister held meetings with his Chinese counterpart as well as several other officials to enhance partnerships and attract more technological investments into the Kingdom.  

Vingegaard Excited as Tour de France Approaches

BILBAO, SPAIN: Cycling’s Tour de France, with its caravan of teams, media, publicity and security, was visible everywhere around Bilbao on Thursday, as champion Jonas Vingegaard prepared to start the defense of his title. The 22 teams received a loud reception on their parade in downtown Bilbao. Starting in front of the landmark Guggenheim Museum with the tension tangible as riders warmed up beneath low hanging black clouds with the peculiar hills straddling the horizon. “I feel good, I feel ready, I’m where I want to be,” said Jumbo-Visma rider Vingegaard.

Cavendish plans final Tour de France triumph

BILBAO, SPAIN: Cycling’s all time great sprinter Mark Cavendish has nothing to prove except perhaps to himself as he embarks on his final Tour de France on Saturday. Fans will crowd finish lines along the 3,404km route from Bilbao to Paris hoping to witness the 38-year-old celebrate sole ownership for the record of Tour de France stage wins. Locked with Belgian legend Eddy Merckx since an astonishing return to form on the 2021 Tour lifted his tally to 34, he was encouraged to bow out on a high after being overlooked for the 2022 edition.

“Vingegaard and Pogacar Battle for Tour de France Victory”

BILBAO, SPAIN: Defending champion Jonas Vingegaard leads the Tour de France out of the Basque port of Bilbao on Saturday on a 21-day adventure crammed with peaks, postcard panoramas and an eye-catching showdown on a massive dormant volcano on the 3,404km route to Paris. The 30 mountains on the route lend Vingegaard of Jumbo-Visma an edge over two-time champion Tadej Pogacar backed by a reinforced Team UAE squad.

Biggest Weekly Gold Drop Since Feb Expected Due to Hawkish Fed

RIYADH: Gold prices were en route to their worst week since early February on Friday as the dollar strengthened after US Federal Reserve Chief Jerome Powell reiterated that more interest rate hikes were in the offing, according to Reuters. Spot gold was up 0.4 percent to $1,921.29 per ounce by 1543 p.m. Saudi time, yet stayed close to a three-month low hit earlier in the session. Prices are down 1.8 percent for the week. US gold futures gained 0.4 percent to $1,931.40.

flynas signs $3.7bn deal with Airbus for 30 planes

RIYADH: Saudi Arabia’s budget airline flynas has signed a $3.73 billion agreement with Airbus to buy 30 aircraft, Saudi state TV reported on Monday. The deal was signed at the Paris Air Show by Bandar Al-Mohanna, flynas CEO and managing director, and Christian Scherer, Airbus chief commercial officer and head of international, in the presence of Saudi Minister of Transport and Logistics Saleh Al-Jasser, Abdulaziz Al-Duailej, president of General Authority of Civil Aviation, and Ayed Aljeaid, chairman of the board of NAS Holding.

Swiss cyclist Gino Mäder dies after Tour de Suisse crash

GENEVA: Swiss cyclist Gino Mäder died Friday, one day after crashing and falling down a ravine during a descent at the Tour de Suisse, the Bahrain-Victorious team said. The 26-year-old Mäder crashed on a fast downhill road approaching the end of the mountainous fifth stage into La Punt.

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