Author: Steven Sahiounie

PARIS: During the first day of the second edition of Vision Golfe 2024, held in Paris at the French Ministry of Economy, Finance and Industrial and Digital Sovereignty, the Saudi Port Authority and the Marseille equivalent signed a memorandum of understanding.

RIYADH: Saudi Arabia’s Tadawul All Share Index slipped on Wednesday, losing 58.87 points, or 0.51 percent, to close at 11,553.16.  

RIYADH: Saudi Arabia giga-project NEOM on Wednesday revealed yet another luxury lifestyle destination Magna.

RIYADH: The Saudi Central Bank, also known as SAMA, has partnered with international financial institutions and central banks to build an innovative cross-border payments infrastructure.

RIYADH: Artificial intelligence talent is flocking to Saudi Arabia, according to a survey by LinkedIn which shows the Kingdom has climbed nine spots in the global rankings for attracting AI experts.

RIYADH: A Brazilian firm is looking to tap Saudi investors in an attempt to launch a $600 million fund to support the South American country’s climate and energy sector.  

Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis, the petroleum ministry said.

Google parent Alphabet must face a mass lawsuit which accuses it of abusing its dominance in the online advertising market, London’s Competition Appeal Tribunal (CAT) ruled on Wednesday.

Egypt welcomed on Wednesday the decision of the Slovenian government and parliament to recognize the State of Palestine, according to the Egyptian Foreign Ministry’s Spokesperson Ahmed Abu Zeid. On Tuesday, Slovenia’s parliament passed a decree recognising a Palestinian state, with 52 members of the 90-member parliament voting in favour of the government-sponsored decree. According to Abu Zeid, Cairo considered this decision an important step to support the Palestinians’ legitimate right to establish their independent state and the international efforts towards implementing the two-state solution. The European nation’s move came in response to the brutal Israeli war in the Gaza Strip. Slovenia…

The US House of Representatives voted Tuesday to advance a largely symbolic bill calling for sanctions on the International Criminal Court after its prosecutor applied for an arrest warrant against Israeli Prime Minister Benjamin Netanyahu. The Hague-based court’s prosecutor has said Netanyahu and Defense Minister Yoav Gallant should be arrested on charges relating to the war in Gaza. The US House’s Illegitimate Court Counteraction Act — backed by almost every Republican and around a fifth of the Democrats — would bar US entry for ICC officials involved with the case, revoking their visas and restricting any US-based property transactions. “Today’s vote draws…