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Saudi Ports Authority signs deal for Yanbu port integrated bunker station construction

RIYADH: The Saudi Ports Authority, also known as Mawani, has signed a deal to establish an integrated center worth over SR2 billion ($533 million) as part of a pilot project to supply ships with fuel at the Yanbu Industrial Port. The total holding capacity of the pioneering project is likely to reach 2.5 million metric tons. The authority signed the agreement with International and Trafalgar Co. Ltd. on Sunday in collaboration with the Ministry of Energy.
Business

“China’s May Industrial Output Up by 3.5%”

BEIJING: China’s economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will need to do more to shore up a shaky post-pandemic recovery. The economic rebound seen earlier this year has lost momentum in the second quarter, prompting China’s central bank to cut some key interest rates this week for the first time in nearly a year, with expectations of more to come.
sport

FIFA signs TV deal for Women’s World Cup in Germany – sources

BERLIN: FIFA has reportedly secured a deal with German broadcasters to televise the 2023 Women’s World Cup, avoiding the threat of a controversial blackout in the country. German media reported on Wednesday the tournament will be broadcast on public networks ZDF and ARD. According to information seen by AFP subsidiary SID, an agreement between FIFA, the networks and the European Broadcasting Union will soon be announced.
sport

Bolt seeks significant role in athletics

MEXICO CITY: Usain Bolt said he is desperate to play a role in reviving the sport that made him a global superstar but has experienced something of a decline since his retirement six years ago. The Jamaican, who dominated men’s sprinting for nearly a decade after the 2008 Beijing Olympics, said he had found plenty to do to keep himself busy but was really keen to remain involved in sport.
News

Russia-Ukraine Conflict: Key Events on Day 429

As the war enters its 429th day, we take a look at the main developments.
News

UN: Sudan Warring Parties Unwilling to Seriously Negotiate

UN envoy to Sudan says that both sides in the conflict believe that 'a military victory over the other is possible'.
News

Teenagers Facing Rare Diseases Due to Decrease in Vaccine Uptake

The number of youngsters having jabs since the pandemic has fallen, UK health officials say.
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‘Diaspora Jews prioritize Judaism over Zionism: UK filmmaker | TOME’

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British filmmaker Gillian Mosely says it is time to question Israel's 'propaganda' as the war in Gaza rages.

US Gaza protests: Police called on free speech | TOME

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It turns out, many self-professed defenders of free speech care to safeguard the right to right-wing free speech alone.

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Colombia President Ends Ties with Israel due to Gaza Conflict

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Colombia's President Gustavo Petro says the country is cutting diplomatic ties with Israel over its war on Gaza.

UAE aid convoy enters Gaza Strip | TOME

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Al-ARISH: A UAE aid convoy entered the Gaza Strip on Wednesday via Egypt’s Rafah Crossing Point as a part of the country’s “Operation Chivalrous Knight 3” project to support the Palestinian people, UAE state news agency WAM reported on Thursday. The 12-truck convoy is transporting over 264 tonnes of humanitarian aid including food, water and dates. The latest convoy now brings to 440 the number of trucks that have been used for support efforts.

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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'.

IMF to release $1.1bn loan to Pakistan after key meeting

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Pakistan seeks another long-term IMF programme to support its ailing economy but experts say focus must be on reforms.

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