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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.
Business

“Chinese Delegates View Riyadh Conference as Chance to Strengthen Ties”

RIYADH: Business professionals from China are optimistic that events like the Arab-China Business Conference will help strengthen economic ties between the world’s second-largest economy and the region. They urged Chinese companies to explore opportunities in the Arab world particularly Saudi Arabia, as the Kingdom is rapidly transforming into an economic powerhouse. Lin Shunjie, chairman of China International Exhibition Center Group, told Arab News that his visit to the Kingdom had opened doors of new business opportunities between his country and the Arab world.
Business

Saudi Arabia and UK Collaborate at London Forum to Celebrate Achievements and Discuss Future Vision

LONDON: Economic and trade relations between the UK and Saudi Arabia were further cemented in London this week as delegations from the two countries convened to mark the progress of the Kingdom’s Vision 2030 initiative and explore fresh avenues for collaboration. The UK Saudi Business, Trade and Partnership Forum, hosted at Mansion House in the heart of the City of London by the Saudi British Joint Business Council and the Saudi National Competitiveness Center, drew government officials, business leaders, and experts from both nations.
Business

Thai Companies Eye $36 Million Investment in Saudi Arabia to Strengthen Business Ties

RIYADH: Thai companies are ready to invest a combined $36 million in Saudi Arabia, a senior figure from the Asian country’s business community has revealed as relations between the two nations continue to develop. Sanan Angubolkul, chairman of the Thai Chamber of Commerce, revealed the figure during a meeting of the Saudi-Thai Business Forum in Riyadh, according to the Saudi Press Agency.
Business

Petrochemical JVs for Energy Security: Saudi Arabia and China

RIYADH: Saudi Arabia and China are collaborating to ensure safe energy supplies in their markets by planning to establish petrochemical joint ventures. Saudi Minister of Energy Abdulaziz Al-Saud held a meeting with the chairman of the National Energy Authority of the Republic of China, Zhang Jianhua, in Riyadh to discuss JVs that will transform crude oil into petrochemicals and develop innovative uses of hydrocarbons, nuclear energy and fuel.  Both nations are working to increase collaboration in the energy sector’s supply chains. 
sport

Ronaldo & Al-Nassr vs PSG in Summer Friendly Match in Japan

JAPAN: Cristiano Ronaldo and Saudi Arabia’s Al-Nassr will take on Paris Saint-Germain during their summer friendlies in Japan. The clash between Al-Nassr, who finished second in the Roshn Saudi League, and PSG will be held in Osaka on July 25. However, there will be no head-to-head between Ronaldo and old rival Lionel Messi, with the Argentine set to leave PSG. Messi was not among the players PSG used to illustrate the tour announcement on their website.
sport

Heat vs. Celtics: NBA Finals with Denver Set

BOSTON:The Miami Heat advanced to the NBA Finals on Monday by routing Boston 103-84 and denying the Celtics a historic comeback from down 3-0 in the series. Jimmy Butler had 28 points, seven rebounds and six assists while Caleb Martin added 26 points and 10 rebounds to spark Miami, which will visit Denver on Thursday to begin the best-of-seven championship final.
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