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NEOM Aims to Preserve Natural Environment with Ambitious Target

RIYADH: As part of Saudi Arabia’s efforts to protect the environment and promote sustainable living, NEOM has pledged to allocate 95 percent of its total area for preservation. It will also develop a facility in Al-Asilah to preserve the Arabian oryx, the Arabian sand gazelle, the mountain gazelle, and the ibex. The reserve will be home to one of the biggest wildlife restoration programs in the world and will allow visitors to learn about NEOM’s programs for the development and rehabilitation of vegetation and wildlife.
Business

Saudi Arabia’s Healthcare Industry Goes Digital

CAIRO: Saudi Arabia is leading the digitalization wave in the wellness space by improving quality care, patient experience, and sustainable health development on par with the best in the world. The Kingdom aims to restructure the health sector by enhancing its capabilities as an effective, integrated, value-based ecosystem focused on the patient’s health.
Business

Saudi Payments wins award for top transaction experience in 2023.

RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Mada, received the Best Payment Experience of 2023 award at Seamless Middle East, a commercial technology event held in Dubai. Operating under the umbrella of the Saudi Central Bank, Mada was awarded for its public transport payments services in the Kingdom’s urban mobility space.
Business

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.
Business

Saudi Arabia’s M3 Money Supply Increases by 4.74% Since December End

RIYADH: Saudi Arabia’s M3 money supply has surged 4.74 percent since December 2022, according to data released by the Saudi Central Bank, also known as SAMA. The M3 money supply, which is usually monitored as a broad measure of liquidity in the monetary system, reached SR2.61 billion ($696 billion) in the week ending May 11, rising from SR2.50 billion on Dec. 31. The former M3 money figure also reflects a 0.17 percent drop in the week ending May 11 to the week ending on May 4 when it stood at SR2.62 billion.
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UN Haiti envoy warns of alarming violence surge

More than 1,600 homicides, rapes, kidnappings and lynchings reported in first quarter of 2023, BINUH chief says.
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Mexican immigration official charged for detention center fire

Prosecutors say a 'pattern' of irresponsibility and corruption led to the detention-centre fire that killed 40 people.
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3 Syrians Missing in Cargo Ship Sinking off Romania

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BUCHAREST: Romanian rescue teams on Saturday were scouring the Black Sea for three Syrian sailors who went missing when their cargo ship sank off the coast, the naval authority said. The Mohammed Z sank with 11 crew on board, 26 nautical miles off the Romanian town of Sfantu Gheorghe in the Danube delta in the Black Sea on Saturday morning, officials said in a statement. The ship sailing under the Tanzanian flag was carrying nine Syrian and two Egyptian nationals, it said.

UN: 800K Flee Rafah as Israel Kills Dozens in Gaza

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Israel says it recovered remains of one captive while Hamas claims several attacks against Israeli troops across Gaza.

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UN: 800K Flee Rafah as Israel Kills Dozens in Gaza

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Israel says it recovered remains of one captive while Hamas claims several attacks against Israeli troops across Gaza.

3 Syrians Missing in Cargo Ship Sinking off Romania

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BUCHAREST: Romanian rescue teams on Saturday were scouring the Black Sea for three Syrian sailors who went missing when their cargo ship sank off the coast, the naval authority said. The Mohammed Z sank with 11 crew on board, 26 nautical miles off the Romanian town of Sfantu Gheorghe in the Danube delta in the Black Sea on Saturday morning, officials said in a statement. The ship sailing under the Tanzanian flag was carrying nine Syrian and two Egyptian nationals, it said.

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Cambodia launches $36.6bn building drive, China and Japan vie for spoils

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Cambodian Prime Minister Hun Manet has unveiled a 174-project master plan that has attracted bids by rival powers.

Olympic Athletes’ Financial Hurdles | TOME

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Full-time training, travel to compete, medical and most other costs for these athletes are out of pocket.

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