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“Vingegaard and Pogacar Battle for Tour de France Victory”

BILBAO, SPAIN: Defending champion Jonas Vingegaard leads the Tour de France out of the Basque port of Bilbao on Saturday on a 21-day adventure crammed with peaks, postcard panoramas and an eye-catching showdown on a massive dormant volcano on the 3,404km route to Paris. The 30 mountains on the route lend Vingegaard of Jumbo-Visma an edge over two-time champion Tadej Pogacar backed by a reinforced Team UAE squad.
Business

“Growing Venture Capital Scene in Saudi Arabia”

CAIRO: Silicon Valley-based investor Plug and Play Tech Center, renowned for its early investments in successful firms such as Dropbox and PayPal, is seeking to raise $100 million to support Saudi startups, Bloomberg reported.  The venture capital firm is in discussions with Jada, a $1 billion fund of funds established by Saudi Arabia’s sovereign wealth fund the Public Investment Fund, to collaborate on this initiative, Saeed Amidi, Plug and Play’s founder and CEO, stated. 
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Prigozhin’s Uprising Threat Echoes Russia’s History of Failed Wars

Putin may yet suffer the fate of many czars before him: a military uprising fueled by the blowback of a failing war.

The post Yevgeny Prigozhin’s Threatened Uprising Against Putin Echoes Russia’s History of Wars Gone Bad appeared first on The Intercept.

Business

Aramco and TotalEnergies Award $11 Billion Amiral Project Contracts

DHAHRAN, Saudi Arabia: Aramco and TotalEnergies have awarded engineering, procurement and construction contracts for the $11 billion Amiral complex, a future world-scale petrochemicals facility expansion at the Kingdom’s SATORP refinery. A signing ceremony took place in Dhahran attended by Amin H. Nasser, Aramco president and CEO, and Patrick Pouyanne, TotalEnergies chairman and CEO.
Business

Saudi Arabia’s Food Industry Attracts $61.8 Million in Investments

RIYADH: Chocolate, yogurt and fish production in Saudi Arabia will increase after investment deals worth SR232 million ($61.8 million) were signed by the Saudi Authority for Industrial Cities and Technology Zones. The organization, also known as MODON, has awarded seven contracts covering 99,400 sq. meters which will primarily benefit the Kingdom’s food and beverage sector.
Business

Biggest Weekly Gold Drop Since Feb Expected Due to Hawkish Fed

RIYADH: Gold prices were en route to their worst week since early February on Friday as the dollar strengthened after US Federal Reserve Chief Jerome Powell reiterated that more interest rate hikes were in the offing, according to Reuters. Spot gold was up 0.4 percent to $1,921.29 per ounce by 1543 p.m. Saudi time, yet stayed close to a three-month low hit earlier in the session. Prices are down 1.8 percent for the week. US gold futures gained 0.4 percent to $1,931.40.
News

Kyrsten Sinema Cuts Pilot Training Funding After Receiving Airline Contributions

The airline-backed amendment to radically alter pilot training requirements is opposed by pilot and flight attendant unions.

The post Kyrsten Sinema Moves to Slash Pilot Training After Taking Airline Cash appeared first on The Intercept.

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Bamyan shooting kills three Afghans and three Spanish tourists

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Group of tourists and their companions was fired on while walking through a market in central Afghanistan.

Sudan paramilitaries to open ‘safe passages’ out of Darfur city

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PORT SUDAN: Sudan’s paramilitary Rapid Support Forces have announced their willingness to open “safe passages” out of the former haven city of El-Fasher in Darfur, which has been gripped by fighting for weeks. The RSF, battling the regular army for more than a year, affirmed in a post on X late Friday “the readiness of its forces to help citizens by opening safe passages to voluntarily leave to other areas of their choosing and to provide protection for them.”

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Intense fighting in northern Gaza as aid arrives at US pier | TOME

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CAIRO: Israeli forces battled Hamas fighters in the narrow alleyways of Jabalia in northern Gaza on Friday in some of the fiercest engagements since they returned to the area a week ago, while in the south militants attacked tanks massing around Rafah.

Hezbollah’s New Weapons in Israel Attacks

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BEIRUT: Lebanon’s powerful armed group Hezbollah announced on Thursday it had used a drone capable of firing rockets at a military position in one of its latest attacks in northern Israel. Israel and Hezbollah have been involved in near-daily exchanges of fire since the war between Israel and Hamas broke out on October 7. Hezbollah announced it had used an “armed attack drone” equipped with two S-5 rockets on a military position in Metula in northern Israel.

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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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