Startup Wrap – Saudi and Egyptian startups lead funding activity

RIYADH: Saudi Arabia exported non-oil goods worth SR2.23 billion ($594 million) in May, representing a rise of 19.25 percent compared to the previous month, official data showed. According to the General Authority for Statistics, China was the third-largest destination for Saudi Arabia’s non-oil products in May, behind the UAE and China, which received goods worth … Read more

Algerian boxer in gender row goes for Olympic gold, Thierry Henry looks to lead France footballers to glory

PARIS: Algerian boxer Imane Khelif, at the center of an Olympic gender eligibility row, goes for gold in Paris on Friday as Thierry Henry bids to lead France’s footballers to glory. With just three days of sport to go at the Games, there is a packed athletics program at the Stade de France. The boxing … Read more

Biden is off on details of his uncle’s WWII death as he calls Trump unfit to lead the military

LONDON: Several Google employees were arrested on Tuesday for taking part in a 10-hour sit-in at the company’s offices in New York and California. The protest, organized by members of the No Tech For Apartheid movement, was meant as a challenge to the tech giant’s involvement with the Israeli government. It centered on a $1 … Read more

Masdar City to lead $1.08bn innovation drive in energy and AI: CEO 

TOKYO/SINGAPORE: Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in US commercial stockpiles outweighed supply fears from heightened tensions in the Middle East, according to Reuters. Brent futures for June fell 40 cents, or 0.44 percent, to $89.62 a barrel by … Read more

Saudi finance minister to lead Kingdom’s delegation at IMF-World Bank Spring Meetings  

RIYADH: Oman’s top five ports saw a 1.5 percent annual increase in cargo handling in 2023, surpassing 93.2 million tonnes, underscoring their growing significance in maritime trade.  The terminals of Sultan Qaboos, Salalah Sohar and Khasab as well as Shinas, and A’Suwaiq handled approximately 91.8 million tonnes of general, liquid, and bulk cargo in 2022, … Read more

A brave new, virtual world – Saudi Arabia takes the lead in metaverse adoption

RIYADH: Saudi Arabia’s strategic location, thriving economy, and strong government support have attracted a diverse range of funding partners keen on assisting startups and entrepreneurs. The Kingdom, according to Houssem Jemili, partner at management consulting firm Bain and Co., has one of the highest technology spends in the Middle East and North Africa, approximately 2.5 … Read more

Scheffler, DeChambeau and Homa share lead at windy Masters

Rahm’s Legion XIII claim team competition, Burmester wins individual title at LIV Golf Miami MIAMI: Defending Masters champion Jon Rahm and Legion XIII teammate Tyrrell Hatton will head to Augusta National this week after celebrating their second LIV Golf team victory of the season. Stinger GC’s Dean Burmester is not in the field for the … Read more

Bryson DeChambeau puts on a Masters clinic and takes a 1-shot lead over Scottie Scheffler

Rahm’s Legion XIII claim team competition, Burmester wins individual title at LIV Golf Miami MIAMI: Defending Masters champion Jon Rahm and Legion XIII teammate Tyrrell Hatton will head to Augusta National this week after celebrating their second LIV Golf team victory of the season. Stinger GC’s Dean Burmester is not in the field for the … Read more

Kishan and Bumrah lead Mumbai to 7-wicket win over Bengaluru in IPL

LOS ANGELES: Nikola Jokic scored 41 points as the Denver Nuggets reclaimed pole position in the Western Conference playoff race with a 116-107 victory over the Minnesota Timberwolves in their top-of-the-table clash on Wednesday. In a hard-fought showdown in Denver that saw the lead change hands 15 times, the Nuggets finally pulled clear in the … Read more

Riyadh medical students lead desert clean-up drive

RIYADH: The Green Team of the Medical Students’ Association at Alfaisal University recently organized a desert clean-up, clearing the popular Khararah Lake site in Riyadh. The aim of the exercise was to eliminate plastic waste, reduce land pollution and eventually improve the overall environment in the area. The Green Team is a student-led committee created to … Read more