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Saudi Arabia’s Hajj Boost for Travel and Hospitality Sectors

DUBAI: Three years after the COVID-19 pandemic forced Saudi Arabia to impose strict travel restrictions, this year’s Hajj has given a palpable boost to the regional economy, with an estimated 1.6 million Muslims from around the world converging on Islam’s holiest sites. The annual pilgrimage began on Sunday with the ritual of Tawaf Al-Qudum, when pilgrims dressed in white robes walk in a circle around the Kaaba, the stone structure at the center of Masjid Al-Haram, or the Grand Mosque, the most important mosque and holiest site in Islam.
Business

TotalEnergies’ First Solar Power Plant in Saudi Arabia Fully Financed

RIYADH: Sustainable energy provision in Saudi Arabia is set to grow after French energy giant TotalEnergies achieved financial closure for its first solar power plant in the Kingdom.  According to a press statement, the 119 megawatts solar plant will be developed by a consortium of TotalEnergies, Japan’s Toyota Tsusho and Saudi Arabia’s Altaaqa Renewable Energy.  The group secured a power purchase agreement for the project with Riyadh-based Saudi Power Procurement Co. in an auction held between 2021 and 2022. 
sport

Saudi’s Abdullah Al-Qahtani Wins American Debut in PFL

Saudi Arabia’s Abdullah Al-Qahtani on Friday night claimed victory at his Professional Fighters League debut, which took place at the Overtime Elite Arena in Atlanta. Fighting in the featherweight division, “The Reaper” wasted no time in defeating his opponent, American Lamar Brown, via a face-crank submission in just 95 seconds.  
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

Saudi-US Trade Surges by 39% in 2022: Report

RIYADH: Oil and fertilizer exports helped Saudi Arabia record a 39 percent surge in trade with the US in 2022, demonstrating strengthening ties between the two nations.   According to a report by the US-Saudi Business Council, the total trade value reached SR130 billion ($34.7 billion), fueled by both an uptick in Saudi oil exports and a record-breaking non-oil trade. Notably, non-oil exports from Saudi Arabia to the US in 2022 touched SR10.1 billion, marking a 10 percent increase from the previous year.
Business

Thai Companies Eye $36 Million Investment in Saudi Arabia to Strengthen Business Ties

RIYADH: Thai companies are ready to invest a combined $36 million in Saudi Arabia, a senior figure from the Asian country’s business community has revealed as relations between the two nations continue to develop. Sanan Angubolkul, chairman of the Thai Chamber of Commerce, revealed the figure during a meeting of the Saudi-Thai Business Forum in Riyadh, according to the Saudi Press Agency.
Business

GCC’s Shared Mobility Accelerates with 62M Global Users by 2027

DUBAI: Shared mobility is gradually gaining a foothold in the Gulf Cooperation Council region as the automobile industry predictably joins other sectors in adapting to the sharing economy. Whether it is renting out office space, an Airbnb vacation home, or a fancy dress for a special occasion, more people around the world are embracing the concept of sharing resources and services as opposed to owning them. Companies are also changing their business models by leveraging the ongoing shift to a sharing economy and the transport sector is no exception.
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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.

The Hidden Costs of EU-Rwanda Supply Deal: Blood Minerals

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EU plans to secure supplies for green revolution from Rwanda likely to support smuggling of conflict minerals from DRC.

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Arizona Senate repeals 1864 abortion ban in divisive vote

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The repeal of the abortion ban received a 16-14 vote and is expected to be signed into law by Governor Katie Hobbs.

Pakistan T20 squad: Haris Rauf, Hasan Ali return for England and Ireland tour

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Babar Azam to lead 18-man squad which also includes injured wicketkeepers Azam Khan and Mohammad Rizwan.

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

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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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