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Saudi Industry Minister’s Investment Tour in Germany Continues

RIYADH: German investment in the Saudi mining sector was one of the key topics of discussion when the Kingdom’s industry minister met with a leading Bavarian politician. Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held talks with Roland Weigert, vice minister in the Bavarian Ministry of Economic Affairs, Regional Development and Energy, as part of his visit to Germany.
sport

Manchester United in talks to grant exclusivity to Qatari Sheikh for $6B+ sale – sources

LONDON: English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad Al-Thani in talks to sell itself for more than $6 billion, people familiar with the matter said on Thursday. While a deal remains uncertain, the development represents a major milestone in the efforts of Sheikh Jassim — the son of Qatar’s former prime minister who is one of the richest men in the Gulf state — to take over the iconic sports brand.
Business

Saudi start-up wins Visa award for digital finance

RIYADH: A Riyadh start-up has won top prize in a Visa-sponsored competition that seeks to improve digital shopping. Amwal Tech, which was set up last year, came top in the Saudi heat of the Visa Everywhere Initiative, taking a SR150,000 ($40,000) prize for its all-in-one encrypted transaction and identity app that processes payments quickly and safely. Lamaa, a Saudi financial tech firm, was runner-up with prize money of SR100,000, and also won a separate “social impact award” with a SR50,000 prize. Monak, a “digital lifestyle” company, came third and won SR50,000.
Business

Saudi Main Index Dips, Parallel Market Soars at Closing Bell

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped slightly on Thursday as it shed 16.89 points, or 0.15 percent, to close at 11,516.14. The total trading turnover of the benchmark index was SR9.25 billion ($2.47 billion), as 89 stocks advanced, while 116 retracted. The Kingdom’s parallel equity market, Nomu, continued its spectacular performance for the third consecutive day as it soared 2,048.72 points, or 8.21 percent, to reach 26,977.60. The MSCI Tadawul Index, however, dropped 0.05 percent to close at 1,518.74.
sport

Usyk’s Signing May Lead to Fury Fight in Kingdom, Says Skill Challenge Entertainment’s Boxing Director

Amer Abdallah, director of boxing of Prince Khalid bin Abdulaziz’s Skill Challenge Entertainment, talks to Arab News about the landmark signing of Oleksandr Usyk — and other additions — to the organization, potential world title fights in Saudi Arabia and the Kingdom’s successful ventures into a diverse range of sports globally. Oleksandr Usyk has signed to Skill Challenge Entertainment’s growing stable of local and international fighters. What made this good fit for you?
sport

“Nations League Final Four: Key Points to Prove”

ENSCHEDE, Netherlands: Aiming to follow in the footsteps of Portugal and France, four of Europe’s strongest sides this week battle to win the third edition of the UEFA Nations League. Hosts the Netherlands face Croatia in Rotterdam on Wednesday in the first semifinal, while Spain and Italy clash in Enschede on Thursday, ahead of Sunday’s final. None of the “final four” have won a trophy in over a decade, except for Italy — although the Euro 2020 champions have plenty to prove themselves after failing to qualify for the 2022 World Cup.
Business

India and UAE aim for $100bn non-oil trade by 2030

RIYADH: India and the UAE have mutually agreed on Monday to double the target of non-oil trade to $100 billion from $48 billion by 2030, India’s Commerce and Industry Minister Piyush Goyal said. The goal to achieve this target was set in the first meeting of the Joint Committee of India-UAE Comprehensive Economic Partnership Agreement in New Delhi. Signed in 2022, the India-UAE CEPA is expected to increase the total value of bilateral trade in goods to over $100 billion and services to over $15 billion within five years. 
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Unemployed Engineers and MBAs: The Secret Army of Indian Election Consultants

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These ‘politically neutral problem solvers’ do short stints in political campaigns and are valued for their data skills.

Lawyer warns arrest of Palestinian academic could set precedent for free speech in Israel

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LONDON: The lawyers for a Palestinian legal scholar arrested on April 17 have said her detention was “political” and could set a “precedent” for the treatment of academics and free speech in Israel. Prof. Nadera Shalhoub-Kevorkian, a leading feminist academic with roles at the Hebrew University of Jerusalem and Queen Mary, University of London, was arrested after appearing on a podcast in March in which she discussed her work on state crimes, genocide, violence and surveillance in the context of the war in Gaza.

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Lawyer warns arrest of Palestinian academic could set precedent for free speech in Israel

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LONDON: The lawyers for a Palestinian legal scholar arrested on April 17 have said her detention was “political” and could set a “precedent” for the treatment of academics and free speech in Israel. Prof. Nadera Shalhoub-Kevorkian, a leading feminist academic with roles at the Hebrew University of Jerusalem and Queen Mary, University of London, was arrested after appearing on a podcast in March in which she discussed her work on state crimes, genocide, violence and surveillance in the context of the war in Gaza.

Unemployed Engineers and MBAs: The Secret Army of Indian Election Consultants

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These ‘politically neutral problem solvers’ do short stints in political campaigns and are valued for their data skills.

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Elon Musk’s Feud Over Free Speech with Australia and Brazil | TOME

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X owner is fighting governments over their attempts to curtail online content deemed to be harmful.

Microsoft and Google Report Double-Digit Profit Growth, Boosting AI Case

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