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The Latest Breaking News from Authority

Saudi Arabia's Venture Capital Grows Over Half a Billion

Saudi Arabia finished H1 of 2022 with three consecutive half-year periods of growth in venture capital (VC) funding after observing a 244 percent year-on-year increase in funding compared to H1 of 2021. The venture capital market saw a record funding of $548 million. A report issued by the MAGNiTT platform,…

Asharq Al-Awsat

Mawani: Increase in Imported Empty Containers Boost Saudi Exports

The Saudi Ports Authority (Mawani) announced a 231% rise in mport volumes of empty containers by shipping lines between January and May 2022 compared to the same period last year, rising from 20,985 TEUs to 69,429 TEUs. According to Mawani, the import of these dry boxes drastically strengthens exporters and…

Asharq Al-Awsat

Meriton building too close for comfort, neighbours say

Residents of a Civic apartment block are concerned about the privacy implications of a neighbouring development.

The Canberra Times

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Modon Proceeds Towards Completing Infrastructure in Saudi Industrial Cities

Saudi industrial cities are witnessing tangible progress to become the preferred investment destination. During the past year, the Saudi Authority for Industrial Cities and Technology Zones (Modon) updated its strategy in line with Vision 2030. The strategy seeks to place Modon as the best investment destination through several initiatives to…

Asharq Al-Awsat

Homebuyers in Karnataka on shaky ground as K-RERA yet to build a strong foundation

Long way to go before it can be said that the authority has succeeded in reforming and professionalising the real estate sector to achieve the objectives of the Act, say property owners

The Hindu

FIR against Congress leader N. Venugopal in laser show case

The laser show had to be abandoned after a few weeks of its inauguration with some of the equipment developing technical snags

The Hindu

Saudi Arabia to Develop SMEs in Culture, Entertainment, Sports

Saudi Arabia developed seven steps and solutions to promote small and medium enterprises (SMEs) in the culture, entertainment, and sports sectors, after reviewing local strategies with benchmarking comparisons and consulting experts and the private sector. In its recent report, the Small and Medium Enterprises Authority (Monshaat) expected the short and…

Asharq Al-Awsat

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Saudi Arabia Maintains Role in Drawing Up Global Customs Policies

Saudi Arabia has been re-elected as a member of the Customs Policies and Financial Committees of the World Customs Organization (WCO), Saudi Press Agency (SPA) reported on Saturday. The move followed an agreement among North African and Near and Middle East countries reached at the 56th coordination meeting held at…

Asharq Al-Awsat

Gulf Electric Interconnection Ensures 100% Power Supply

Gulf officials in the electricity sector said the Gulf Electricity Interconnection Project achieved its most important strategic objectives in enhancing energy security and raising reliability and safety for Gulf electrical systems. The project prevented any power outages, ensuring a 100 percent power supply and achieving economic savings for the Gulf…

Asharq Al-Awsat

Agreement Signed to Advance Saudi Contracting Sector

President of the Saudi Contractors Authority (SCA) Zakaria al-Abdul Qader revealed that the number of workers in the contracting sector has reached three million in various professions. He revealed that 165,000 companies operate in the contracting sector in the Kingdom, ranging from small, to medium, and large enterprises. He said…

Asharq Al-Awsat

Crown Resorts granted approval to operate Sydney casino

The NSW Independent Liquor and Gaming Authority gives Crown Resorts the green light to open the gaming floors in its Barangaroo skyscraper, 15 months after it deemed the company unfit to operate a casino.

ABC News

Egypt, Qatar Boost Relations through Commerce, Industry

Egyptian Minister of Commerce and Industry, Nevine Gamea held talks in Doha on Monday with Qatari Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmed al-Sayed. The meeting addressed investment opportunities, their advantages, and ways to enhance cooperation between the two sides. Gamea…

Asharq Al-Awsat

Hundreds of Scots escape drug-driving charges as testing backlog branded 'serious failure'

The Scottish Police Authority revealed 386 cases cannot be prosecuted as they have reached the statutory 12-month time limit.

Daily Record

Mekedatu Dam project will be discussed at the CWMA meeting, says Haldar

‘Authority cannot be forced to drop discussion on the issue’

The Hindu

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The Hindu

CWMA’s meeting postponed to June 23

‘Decision taken in the light of Karnataka govt.’s request’

Asharq Al-Awsat

Damascus Accused of Deepenig Syrians’ Poverty after Raising Telecom Fees

Great resentment is spreading among large segments of the population in Damascus as the Syrian government continues to raise all prices, especially those of basic services, exacerbating the severe poverty that Syrians suffer under. Experts pointed out that the government, considering the difficult economic and financial situation it is experiencing,…

Reuters

Palestinians protest against soaring prices ahead of strike

Palestinian police made a number of arrests on Monday as protests against soaring prices for food and other necessities spread a day ahead of a planned strike to demand action from the cash-strapped Palestinian Authority.

The Hindu

Nod for Cauvery Authority to discuss Mekedatu

It has scheduled its meeting on June 17

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The Hindu

Dam over troubled waters: Why the Mekedatu water project continues to divide Karnataka and Tamil Nadu

As Karnataka takes further steps towards the realisation of the Mekedatu dam, here is a look at the issue that has been a bone of contention between the two riparian States that have also historically fought over the sharing of Cauvery water

Asharq Al-Awsat

Djibouti Invites Saudis to Invest in Africa’s Largest Free Trade Zone

A delegation from Djibouti, led by Chairman of the Djibouti Ports and Free Zone Authority Aboubaker Omar Hadi, held talks with members of the Saudi business community at the Federation of Saudi Chambers in Riyadh on Tuesday. Discussions tackled the economic and investment opportunities and means to double trade exchange…

The Guardian - US

Train to nowhere: can California’s high-speed rail project ever get back on track?

Despite 14 years of work and about $5bn spent, the 2008 promise of quick transport between Los Angeles and San Francisco has not materialized

Liverpool Echo

Council energy cock-up could cost fire service extra £1 million and lead to cuts

Fire service could scrap deal with council after catalogue of errors saw costs soar

Newsroom.co.nz

Questions over transfer of $1m public funding

A Government department is facing questions after it transferred a job training contract for Māori to a new organisation despite highly public fallout over the Māori Council elections la

Asharq Al-Awsat

Palestinians Welcome Foreign Support in Inquiry Into Abu Akleh's Death

The Palestinian Authority said on Saturday it would welcome international support in the inquiry into the death of an Al Jazeera journalist, while Israel said it would investigate an eruption of violence at her funeral. The death of veteran reporter Shireen Abu Akleh sparked an outpouring of grief, and Israel…

Daily Record

Senior Scots terror cop suspended over ‘inappropriate touching’ allegation may escape prosecution

Temporary Assistant Chief Constable Pat Campbell was referred to the Police Investigations and Review Commissioner after a complaint was made against him in December.

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