RIYADH — Saudi Arabia has made investments worth more than SR31.9 billion during 2025 in communications and information technology services aimed at advancing digital government services.Government contracts reached around SR31.7 billion across more than 6,145 agreements during the last year, reflecting a maturing system and improved spending efficiency. This development follows the completion of several major digital infrastructure projects, which have formed a significant share of technology investments in recent years.In addition, the adoption of national framework agreements, the unification of government procurement processes, and the strategic allocation of funding toward high-impact initiatives have all contributed to greater spending efficiency…
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ATLANTA — Cape Verde produced one of the biggest surprises of FIFA World Cup 2026 on Monday, holding European champion Spain to a remarkable 0-0 draw to earn the nation’s first-ever World Cup point.Making its tournament debut, the African side frustrated one of the pre-tournament favorites with a disciplined defensive display and an inspired performance from veteran goalkeeper Vozinha.The 40-year-old shot-stopper emerged as the hero, making a series of crucial saves to deny Ferran Torres, Pedri and Aymeric Laporte as Spain dominated possession but failed to find a breakthrough.Spain’s best chance came shortly before halftime when Torres struck the crossbar,…
WASHINGTON — US President Donald Trump may decide to release a preliminary deal with Tehran to end the war before Friday, Vice President JD Vance said after Trump said the agreement had already been signed.The agreement, which was electronically signed by leaders in the US and Iran, is expected to be signed in person in Geneva on Friday.Vance has described the memorandum of understanding (MOU) between the US and Iran as “about a page and a half” and a “very general” document. He added that a lot of the details would be worked out during future negotiations.”On a number of…
JERUSALEM — Somaliland President Abdirahman Mohamed Abdullahi opened on Monday his breakaway country’s embassy in occupied Jerusalem, drawing severe criticism from Islamic countries.In December, Israel became the first country in the world to recognize Somaliland, which broke away from Somalia in 1991 following a civil war.Somaliland opened its embassy in Jerusalem on Monday, Israel’s foreign ministry announced, months after Israel became the first country to recognize the breakaway African state’s independence.“Honored to host my dear friend President @Abdirahmanirro at the Ministry of Foreign Affairs, during his historic State Visit to open Somaliland’s embassy in Jerusalem,” Israeli Foreign Minister Gideon Saar…
SYDNEY — Australia is investigating allegations of torture, sexual assault and mistreatment by a group of activists against Israeli forces who detained after them after intercepting a Gaza-bound aid flotilla. The move was announced shortly after four female activists, who were part of the Global Sumud flotilla in May, met with Australian Foreign Minister Penny Wong and senior officials including police on Monday.“The Australian government has committed to undertaking an independent investigation into Israel’s assaults, sexual assaults and torture of the flotilla activists,” the group said in a social media post.The activists were among participants on a Gaza-bound aid vessel…
WASHINGTON — The US Department of Justice is investigating Gavin Newsom’s wife in a move the Democratic California governor blasted Monday as politically motivated.Newsom also claimed that he was a target in the investigation, though a person familiar with the matter said the governor himself is not being investigated.The US attorney’s office in the Eastern District of California is leading probes into people connected to Newsom over possible tax-related crimes, and his wife, Jennifer Siebel Newsom, is among them, the source said.”In recent days, federal agents have knocked on the door of family, friends and former employees,” Newsom said in…
BEIJING, 16th June, 2026 (WAM) — China’s value-added industrial output increased by 5.4 percent year-on-year in the first five months of 2026, official data showed today.Meanwhile, home prices in China’s four first-tier cities — Beijing, Shanghai, Guangzhou and Shenzhen — rose in May compared to the previous month, according to official data.China’s total retail sales of goods and services, a major indicator of the country’s consumption strength, increased by 2.8 percent year-on-year in the first five months of 2026, the data showed. Source: Emirates News Agency
MOSCOW, 16th June, 2026 (WAM) — Russia’s trade surplus increased by 41 percent in April compared with the same period last year, rising by $3.327 billion to reach $11.431 billion, the Russian central bank announced on Monday.In a press statement, the central bank said the increase in the trade surplus reflected higher export revenues and stable external demand for Russian goods, in addition to improved foreign trade flows, which contributed to strengthening economic indicators during the recent period. Source: Emirates News Agency
DUBAI, 16th June, 2026 (WAM) — DMCC has announced plans to launch DMCC Campus and DMCC Intelligence, two new platforms aimed at helping businesses, governments, and institutions respond to the forces reshaping global trade.The move marks an expansion of DMCC’s role beyond business infrastructure and company formation, reflecting growing demand for specialist expertise in areas such as trade strategy, technology adoption, economic development and workforce capability.Drawing on more than two decades of experience as one of the world’s leading trade hubs, the two platforms will form a unified knowledge platform, combining executive education, industry knowledge and advisory services under a…
الرياض ـ مباشر: شهد سوق الأسهم السعودية “تداول”، خلال جلسة اليوم الاثنين تنفيذ 9 صفقات خاصة على كل من سهم “سال”، و”استرا الصناعية” و”بحر العرب”، و”أفالون فارما”، و”أسمنت الجنوب”، و”أسمنت نجران”، و”أنابيب الشرق”، “أماك” بقيمة 31.6 مليون ريال، من خلال 788.17 مليون سهم. وفقاً لبيانات “تداول”، تم تنفيذ صفقتين خاصتين على سهم “سال” عند سعر 180.1 ريال، بقيمة 11.70 مليون ريال، من خلال 65 ألف سهم. وجرى تنفيذ صفقة على سهم “أنابيب الشرق” بقيمة 4.21 مليون ريال، من خلال 20 ألف سهم، عند سعر 210.5 ريال. والصفقات الخاصة هي الأوامر التي يتم تنفيذها من خلال اتفاق مستثمر بائع ومستثمر مشترٍ على أوراق مالية محددة، بسعر…