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“April imports to Saudi Arabia decrease by 16.1% to $15.4bn”

RIYADH: Saudi Arabia’s merchandise imports decreased 16.1 percent to SR57.9 billion ($15.4 billion) in April 2023 compared to SR69 billion in March 2023, according to the latest data released by the General Authority for Statistics.  However, the Kingdom’s merchandise imports increased by 1 percent in April 2023 compared to SR57.3 million in April 2022. According to the report, overall merchandise exports decreased 25.2 percent to SR103 billion in April 2023 compared to SR137.7 billion in the same month last year.
Business

74% of Saudi CEOs Confident in Kingdom’s Growth for Next 3 Years: KPMG

RIYADH: A vast majority CEOs in Saudi Arabia are confident about the Kingdom’s economic growth over the next three years despite the prevalent inflationary pressures and geopolitical tensions, revealed a global survey by KPMG.  The global professional services network, in its latest CEO Outlook report, revealed that 74 percent of Saudi chief executives are optimistic about the economic growth of the Kingdom over the next three years, compared to just 60 percent who are confident about global progress. 
Business

AI and Construction to Dominate Future Jobs in Saudi Arabia, According to PMI Official

RIYADH: Saudi Arabia, a country which has been dependent on its rich oil reserves for several decades, is now on a path of economic diversification. With Vision 2030, Saudi Arabia’s Crown Prince Mohammed bin Salman is proving that the Kingdom could perform well in non-oil private sectors too.   As Saudi Arabia’s private sector expands rapidly, the Kingdom is expected to provide more job opportunities to nationals and foreign talents alike in the coming years. 
National Security

“Pentagon’s Secret Service Monitors Social Media for Negative Tweets About Generals”

An unredacted document shows the Protective Services Battalion uses sophisticated surveillance tools that can pinpoint anyone’s location.

The post Pentagon’s Secret Service Trawls Social Media for Mean Tweets About Generals appeared first on The Intercept.

Business

May sees 19% increase in container volume at Saudi ports

RIYADH: The number of containers handled at Saudi ports surged 18.8 percent during May. The volume of standard containers handled across the Kingdom reached 709,944 as compared to 597,617 in the same month in the previous year, the Saudi Ports Authority said in a statement on Tuesday. The authority said outbound containers rose by more than 28 percent to 224,720 in May, from 175,320 in the prior-year period. The number of inbound containers also increased 36 percent to 236,360, compared to 173,820 containers during the same month in the previous year.
sport

Spain and Brazil to hold anti-racism friendly match in Madrid following Vinicius’ abuse.

MADRID: The Spanish and Brazilian football federations presented their plan on Tuesday for a friendly match at the Santiago Bernabeu in March 2024 to combat racism, after global outrage at the abuse of Real Madrid’s Vinicius Junior. The Brazil winger, 22, suffered racial abuse by Valencia supporters in May, provoking worldwide outrage after he squared off with fans in one stand.
Business

Riyadh Air, owned by PIF, reveals livery before Paris Air Show debut

RIYADH: The latest player in the global aviation industry, Riyadh Air, made an appearance with its remarkable livery at the King Khaled International Airport in the Saudi capital on Monday. A Boeing 787-9 Dreamliner painted aircraft flew at low altitude over several notable landmarks in the Riyadh skyline, including King Abdullah Financial District, Boulevard City, and some of the iconic main towers, thrilling residents with a glimpse of the Public Investment Fund-owned airline ahead of its public debut at the 54th Paris Air Show on June 19.
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Burkina Faso Military Trained by U.S. Executes 220 Civilians

National Security 0

A new report reveals details of the massacres by a longtime U.S. ally and counterterrorism partner.

The post U.S.-Trained Burkina Faso Military Executed 220 Civilians appeared first on The Intercept.

18 Indicted in Arizona Election Scheme, Including Trump Allies Meadows and Giuliani

News 0
The charges relate to their alleged efforts to undermine President Joe Biden's election victory in 2020.

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US-led coalition downs Houthi missile and drones in Red Sea

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ATHENS: A Greek military vessel serving in the European Union’s naval mission in the Red Sea intercepted two drones launched by Yemen’s Houthi militants toward a commercial ship, officials at the Greek Defense Ministry said on Thursday. “On Thursday morning Greek frigate Hydra, while it was escorting a merchant ship in the Gulf of Aden, fired at two drones,” an official told Reuters. “It destroyed one while the second moved away,” he added. Another defense official confirmed the details of the incident.

US Sends Long-Range ATACMS Weapons to Ukraine

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The weapons, which can hit targets as far as 300km (186 miles) away, have been used twice already.

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China concerned over EU raids on security equipment company

Economy 0
Diplomatic mission condemns raids on Dutch and Polish offices of Chinese company Nuctech.

Solomon Islands Support for US Agency’s Return Revealed

Economy 0
Peace Corps found 'overwhelming support and enthusiasm' for return to Pacific island nation, report shows.

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