The European Union pledges to protect energy systems after “sabotage” in Russian gas pipelines

An EU diplomat believes the sabotage likely caused the leaks The Danish defense minister is concerned about the security of the Baltic Sea The Danish Minister of Defense met with the President of NATO in Brussels BERLIN/COPENHAGEN (Reuters) – Any deliberate disruption of the European Union’s energy networks will face a “strong and united response” … Read more

The Saudi Society for Technology will launch its conference on the cloud next December

RIYADH: After leading a rally that began in 2018, real estate lending to Saudi banks has slowed over the past year due to slower growth in the retail sector, according to the Saudi Central Bank, also known as the Saudi Arabian Monetary Agency. In the second quarter of 2021, the mortgage lending growth rate halved … Read more

Saudi Arabia to explore unknown waters in the desalination sector

RIYADH: Desalination doubled in Saudi Arabia over the past decade to reach 2.2 billion cubic meters in 2021, compared to 1.1 billion cubic meters annually in 2010, thanks to the comprehensive overhaul of some existing plants and the introduction of new technologies. For example, Jubail 2, one of the largest desalination plants in the Kingdom … Read more

Ukrainian forces threaten Russian supply lines after détente

Zelensky says the troops have retaken towns and villages Blinken visits Kyiv with new US aid package Kyiv (Reuters) – Rapidly advancing Ukrainian forces approached the main railway feeding Russian forces in the east on Friday after the collapse of part of Russia’s front line caused the most dramatic shift in the momentum of the … Read more

EU gas prices rise after Russia halts Nord Stream flows

Pipes at the landing facilities of the gas pipeline “Nord Stream 1” taken in Lubmen, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now to get free unlimited access to Reuters.com Register The price of European gas has increased by about 400% from last year EU countries launched emergency gas plans Unrest hampers EU efforts … Read more

Ukraine’s Zelensky warns of harsh winter, reports war progress

Register now to get free unlimited access to Reuters.com Register Zelensky: Russia is planning a decisive energy strike on all Europeans Russia delays pipeline reopening in blow to Europe The International Atomic Energy Agency says the line is in the Zaporizhzhya plant but the backup is working The US ambassador to Russia is leaving his … Read more

Is the world’s financial firefighter ready?

Is the world’s financial firefighter ready? The G20 countries should commit to doubling the core capital of the International Monetary Fund.. (Shutterstock) The world needs to prepare for a series of financial crises across emerging and developing economies. The writing is already on the wall, with Ghana, Pakistan, Bangladesh and Sri Lanka currently queuing at … Read more

UN inspectors near the Ukrainian nuclear plant on a mission to avoid an accident

The IAEA team expected the inspection to begin on Thursday It is unclear how long the inspectors will be able to stay Ukraine claims successes in the military counterattack Russia halts gas flow through major pipeline Zaporizhia, Ukraine (Reuters) – United Nations inspectors arrived in the southern Ukrainian city of Zaporizhia on Wednesday on a … Read more

Monshaat has provided more than 200 training programs for Saudi entrepreneurs, as the Kingdom bets on small and medium-sized companies

Riyadh: The General Authority for Small and Medium Enterprises, or Monshaat, offers training programs for entrepreneurs to enhance the sector’s contribution to the gross domestic product. Established online academic facilities in 2020 to support aspiring entrepreneurs and business owners by improving their ability to access markets, manage existing institutions and explore options to grow their … Read more

EU split over visa ban for Russian tourists

PRAGUE (Reuters) – Germany and France issued a joint warning against banning tourist visas for Russians, saying such a move, called by other European Union members, would be counterproductive. The split over tourist visas will be at the center of a meeting of the bloc’s foreign ministers in Prague on Tuesday and Wednesday, where they … Read more