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“3 Major Cricket Tournaments Steal the Spotlight”

In the last week, three major international cricket tournaments commenced. The much-anticipated five-Test-match Ashes series between England and Australia opened on June 16 at Edgbaston, Birmingham. In Zimbabwe, the final qualifying stage for the 2023 ODI World Cup started on June 18 and on June 22 the women’s Ashes between England and Australia started at Trent Bridge, Nottingham.

“Nations League Final Four: Key Points to Prove”

ENSCHEDE, Netherlands: Aiming to follow in the footsteps of Portugal and France, four of Europe’s strongest sides this week battle to win the third edition of the UEFA Nations League. Hosts the Netherlands face Croatia in Rotterdam on Wednesday in the first semifinal, while Spain and Italy clash in Enschede on Thursday, ahead of Sunday’s final. None of the “final four” have won a trophy in over a decade, except for Italy — although the Euro 2020 champions have plenty to prove themselves after failing to qualify for the 2022 World Cup.

“Chinese Delegates View Riyadh Conference as Chance to Strengthen Ties”

RIYADH: Business professionals from China are optimistic that events like the Arab-China Business Conference will help strengthen economic ties between the world’s second-largest economy and the region. They urged Chinese companies to explore opportunities in the Arab world particularly Saudi Arabia, as the Kingdom is rapidly transforming into an economic powerhouse. Lin Shunjie, chairman of China International Exhibition Center Group, told Arab News that his visit to the Kingdom had opened doors of new business opportunities between his country and the Arab world.

Saudi Arabia’s voluntary cuts boost oil prices.

RIYADH: Oil prices rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential pause to US interest rate hikes offset worries over demand weakness and a global economic slowdown. At a recent meeting of the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, Saudi Arabia said it will cut its crude output by 1 million barrels per day in July on top of a broader deal to limit supply into 2024 as the producer group seeks to boost flagging prices.

Saudi-Iraq to Create Economic Zone to Increase Trade

JEDDAH: Saudi Arabia and Iraq on Thursday signed a raft of agreements to boost economic cooperation and develop a special economic zone. The deals were signed during the fifth session of the Saudi-Iraqi Coordination Council in Jeddah. The two sides agreed to identify economic opportunities to boost bilateral trade and investments in various sectors. Following the session, Saudi Commerce Minister Dr. Majid Al-Qasabi said the meeting was an affirmation of the brotherly relations between the two countries and aimed to strengthen the strategic partnership.

Boosting Investment Partnerships: UAE and Egypt Collaborate

CAIRO: The UAE International Investors Council has signed a memorandum of understanding with the Egyptian-Emirati Business Council to enhance existing investment partnerships, the Emirates News Agency reported on Monday.  The memorandum aims to increase investment opportunities in the new economy, green projects, recycling, clean projects, the technology sector, and new digital technologies.

UAE and Egypt Take Opposing Sides in Sudan Conflict: Analysis

With Egypt sidling up to Sudan's army and the UAE holding some sway over RSF, what will the regional implications be?

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