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Intercepted Podcast

Israel Counting on U.S. Backing for Broader Conflict with Axis of Resistance

As Israel intensifies its attacks in Lebanon, the prospect of the “great war” looms.

The post Israel Is Banking on U.S. Support for a Wider War Against the Axis of Resistance appeared first on The Intercept.

News

Israeli Military Launches Closed-Door “PR Blitz” on Capitol Hill Amid Growing Ceasefire Calls

The Intercept has learned of around half a dozen events coordinated with Israeli officials during recent weeks — some of them hastily organized.

The post With Ceasefire Calls Growing, Israeli Military Launches Closed-Door “PR Blitz” on Capitol Hill appeared first on The Intercept.

National Security

Rand Paul Calls for U.S. Troop Withdrawal from Niger | TOME

The senator’s proposal would require Biden to withdraw forces from the West African nation within 30 days.

The post Rand Paul Wants U.S. Troops Out of Niger appeared first on The Intercept.

Business

Saudi Airlines Catering Co. inks $720m agreement with Red Sea Global

RIYADH: A SR2.7 billion ($720 million) deal has been signed which will see Saudi Airlines Catering Co. provide laundry services for hotels at Red Sea Global’s tourist developments. The agreement was announced on the Saudi stock exchange, Tadawul, and SACC expects the deal to start showing up in its profit margin by the third quarter of 2025. The 20-year contract will see SACC operate laundry services for hotels, resorts and other facilities located within the destination.
Business

“Bahrain invests $1.3bn in UK economy: Key deals signed”

LONDON: Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state’s private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince’s social media account said on Monday. The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial Group, and Osool Asset Management.
Business

ACWA Power announces 2 million share buyback and 8.3% dividend for 2022

RIYADH: Shareholders of Saudi energy firm ACWA Power have approved the buyback of 2 million shares. The decision was taken during the extraordinary general meeting held on June 22. According to the company’s disclosure to the Saudi Stock Exchange, the shares will be utilized in the employee stock incentive program. In addition, the buyback is to be financed from the firm’s resources, ACWA Power revealed. The board of directors will complete the buyback within 12 months from the EGM date.
Business

Saudi Arabia seeks to enhance partnerships with Hong Kong and China

LONDON: Saudi Arabia is keen to strengthen its cooperation with Hong Kong and ultimately mainland China, the Kingdom’s minister of communications and IT said on Sunday. Speaking at the “One Gateway Shared Vision — Hong Kong x Saudi Arabia” event in the city, Abdullah Al-Swaha said closer collaboration would help boost the Kingdom’s Vision 2030 reform agenda, the South China Morning Post reported.
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