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Saudi Communications Minister strengthens tech partnerships with China

RIYADH: In an effort to boost Saudi-Chinese relations, the Kingdom’s minister of communications and information technology, Abdullah Al-Swaha, began an official visit to China to meet government officials and leaders, the Saudi Press Agency reported.   The minister held meetings with his Chinese counterpart as well as several other officials to enhance partnerships and attract more technological investments into the Kingdom.  
Business

Russian companies eager to strengthen UAE relations: deputy PM

ST. PETERSBURG: Russian firms are keen to develop further ties with the UAE, the country’s deputy prime minister has insisted in a speech lauding economic links between the two nations. Speaking at the St. Petersburg International Economic Forum, Denis Manturov — also Russia’s industry and trade minister — noted the special nature of Russian-Emirati relations, which includes strong ties of friendship and a rich history of cooperation based on the principles of mutual respect and trust.
Business

“Saudi Arabia and Slovenia Foster Trade Relations at WEF Event”

RIYADH: Trade and economic ties between Saudi Arabia and Slovenia are expected to improve following a meeting between the Kingdoms’ Minister of Economy and Planning Faisal Alibrahim and Slovenia’s Minister of Digital Transformation Emilija Stojmenova Duh.  The ministers held talks on the sidelines of the recent World Economic Forum summit in Tianjin, China. The pair discussed potential areas of cooperation between both countries and analyzed ways to address issues of common interest, according to the Saudi Press Agency.
sport

“76ers’ Future Uncertain: Harden and Harris Deals Hang in Balance”

PHILADELPHIA: James Harden might have side-eyed questions this week — much like he did in a playful reaction in his Houston days — about his future with the Philadelphia 76ers. But the issue is real in Philly: Will Harden return to the 76ers for a third season? All signs point to Harden declining his $35.6 million option on Thursday and entering this summer as an unrestricted free agent. That leaves the 2018 NBA MVP and 10-time All-Star free to sign with any team.
sport

Talor Gooch and 4Aces GC Excel at LIV Golf Halfway Mark

Seven events into the LIV Golf League’s first official 14-tournament season and the individual and team championship competitions are heating up, while those at the bottom of the table face possible relegation. Talor Gooch of RangeGoats GC leads the individual standings with 96 points, thanks to impressive back-to-back wins in Adelaide and Singapore. Stinger GC’s Branden Grace and Smash GC captain and 2023 PGA Championship winner Brooks Koepka trail closely behind with 86 and 85 points, respectively.
Business

Saudi EXIM Bank and NBB collaborate to enhance exports

RIYADH: Bilateral trade between Saudi Arabia and Bahrain is set to receive a further boost after banks from both sides entered into an agreement to offer competitive financing to firms involved in the import and export of goods.  According to a memorandum of understanding signed between the National Bank of Bahrain and the Saudi Export-Import Bank, also known as Saudi EXIM Bank, NBB will offer competitive financing rates to Bahraini companies importing goods from Saudi Arabia.  
Business

“Food Show in Riyadh: Saudi Arabia and Oman Sign Multiple MoUs”

RIYADH: Reflecting the strengthening of economic and investment ties between Riyadh and Muscat, Omani companies signed multiple contracts and memoranda of understanding at the Saudi Food Show held last week.   Oman, represented by the Public Establishment for Industrial Estates, or Madayn, had fruitful bilateral discussions with key company executives, investors, commercial agents and suppliers from Saudi Arabia at the event held in Riyadh. 
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