Saudi Sports for All Federation, ASICS Arabia sign partnership News

LONDON: The Saudi Sports for All Federation announced on Sunday that it had signed a partnership with the Middle East arm of Japanese sportswear brand ASICS. Saleh Al-Husseini, the SFA’s managing director, and Seiji Hori, ASICS Arabia general manager, signed the agreement at a ceremony in Riyadh. Under the terms of the agreement, ASICS Arabia … Read more

Zelensky to sign security pacts with Germany, France on Friday News

PARIS: Ukrainian President Volodymyr Zelensky is traveling to Berlin and Paris on Friday to sign security pacts with German Chancellor Olaf Scholz and French President Emmanuel Macron, officials said. Zelensky’s trip to the European Union’s two largest countries comes as Moscow’s invasion of Ukraine enters a third year. Kyiv’s troops face an increasingly difficult situation … Read more

Macron, Zelensky to sign security deal in Paris Friday News

PARIS: Ukrainian President Volodymyr Zelensky travels to Berlin and Paris on Friday for talks with German Chancellor Olaf Scholz and to sign a security agreement with Emmanuel Macron, Kyiv said. Zelensky is traveling to Germany and France as Moscow’s invasion of Ukraine enters a third year. Kyiv’s troops face an increasingly difficult situation on the … Read more

Saudi Arabia, Georgia sign deals to boost economic cooperation News

RIYADH: Utility firm ACWA Power, backed by Public Investment Fund, is a step closer to building solar energy plants worth $3.4 billion across Saudi Arabia after securing finance from a bank consortium. The company, which owns a 50.1 percent stake in each of the three projects, secured a SR8.6 billion ($2.3 billon) credit facility from … Read more

Saudi Arabia and France sign deal foster Olympic relations, expertise News

RIYADH: Saudi Arabia and France’s national Olympic committees on Wednesday signed an agreement to enhance bilateral relations, sports and Olympic cooperation between the two sides. Saudi Minister of Sport Prince Abdulaziz bin Turki bin Faisal, who is also the president of the Saudi Olympic and Paralympic Committee, signed the memorandum of understanding at Al-Janadriyah Square … Read more

Islamic Development Bank and Azerbaijan sign financing framework deal News

RIYADH: Saudi Arabia’s Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement.  The IsDB and the country’s Ministry of Economy signed a memorandum of understanding to establish a cooperative funding structure to potentially strengthen the bank’s support for Azerbaijan’s social and economic development, according to a release by … Read more

SAMI, Kia sign MoU to boost Saudi military vehicle production News

Ali Al-Hazmi was elected to the board of directors of the Saudi Journalists Association on Jan. 28. The Saudi Journalists Association, established in 2003, is a licensed civil society body and serves as an umbrella entity for the nation’s media professionals. Al-Hazmi has extensive experience in electronic journalism, media tracks, Saudi journalism, media technologies, and … Read more

ASFAR, Al-Ahsa municipality sign MoU to develop tourist attraction News

RIYADH: Saudi Tourism Investment Co. has partnered with Al-Ahsa municipality to develop a 500,000 sq. meter area, envisioning a vibrant destination with diverse tourism, entertainment, and hospitality offerings.  An affiliate of Saudi Arabia’s Public Investment Fund, the firm, known as ASFAR, has taken this step to foster economic development and enhance the region’s appeal for … Read more

KAFD, SIRC sign deal to promote waste management solutions News

RIYADH: Seeking to promote waste management solutions, King Abdullah Financial District Development and Management Co. signed a memorandum of understanding with Saudi Investment Recycling ‎Co.‎ This agreement was inked at an event titled “Meeting National Targets for Waste Management and Recycling,” which was recently held in Riyadh. The MoU to collaborate on providing integrated solutions … Read more

Houthis show no sign of ending ‘reckless’ Red Sea attacks as trade traffic picks up, commander says News

DEIR AL-BALAH: Israeli warplanes struck two urban refugee camps in central Gaza on Saturday, as the Biden administration approved a new emergency weapons sale to Israel despite persistent international cease-fire calls over mounting civilian deaths, hunger and mass displacement in the enclave. Israel says it is determined to pursue its unprecedented air and ground offensive … Read more