Saudi and Emirati teams test skills in basketball tournament

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Jeddah United, the only representative of the Kingdom, led the Emirati Shabab Al-Ahli with an exceptional performance. (Supplied)
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The event was organized by Jeddah United Sports Academy and ended in Dubai on Saturday.  (Supplied)
Updated 11 March 2019

Saudi and Emirati teams test skills in basketball tournament

  • Jeddah United were the only Saudi team taking part in the tournament
  • This event comes 12 years after the first women’s sports exchange in 2007

JEDDAH: Four Saudi and Emirati teams competed in a series of basketball matches as part of the under-16 Women’s Gulf Sports Exchange Initiative, which aims to help teams gain experience and prepare for local and Gulf competitions. 

The event was organized by Jeddah United Sports Academy and ended in Dubai on Saturday. 

Jeddah United, the only representative of the Kingdom, led the Emirati Shabab Al-Ahli with an exceptional performance. The American University’s team competed with Jam Sports Academy in a friendly atmosphere. 

All participants displayed a high level of sportsmanship, and were keen to acquire expertise and benefit from the matches to improve their performance in official competitions.

The tournament was attended by the players’ parents along with a number of directors including Hamda Al-Shamsi, director of Al-Ahli Club’s women’s sports department, and the director of Jeddah United Sports Academy, Maali Al-Abdali.

They stressed the importance of the initiative and its role in improving the technical level of the teams, promoting sportsmanship and increasing the contact between teams of the same professional level.

“The sports exchange aims at spreading the culture of sportsmanship and good sports ethics in addition to consolidation the culture of respect for the opponent,” they said, noting that “during the matches, many players displayed a high level of basketball skills.”

“This event comes 12 years after the first women’s sports exchange in 2007, which was followed by a series of friendly games and competitions,” they said.


Oil up after drone attack on Saudi field, but OPEC report caps gains

Updated 13 min 47 sec ago

Oil up after drone attack on Saudi field, but OPEC report caps gains

LONDON: Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemen’s Houthi militia and as traders looked for signs of progress in US-China trade negotiations.
Price gains were, however, capped to some degree by an unusually downbeat OPEC report that stoked concerns about growth in oil demand.
Brent crude, the international benchmark for oil prices, was up 85 cents, or about 1.4%, at $59.49 a barrel at 1225 GMT.
US West Texas Intermediate (WTI) crude futures were up $1.01, or 1.8%, at $55.88 a barrel.
A drone attack by the Iran-backed Houthi militia on an oilfield in eastern Saudi Arabia on Saturday caused a fire at a gas plant, adding to Middle East tensions, but state-run Saudi Aramco said oil production was not affected.
“The oil market seems to be pricing in again a geopolitical risk premium following the weekend drone attacks on Saudi Arabia, but the premium might not sustain if it does not result in any supply disruptions,” said Giovanni Staunovo, oil analyst for UBS.
Iran-related tensions appeared to ease after Gibraltar released an Iranian tanker it seized in July, though Tehran warned the United States against any new attempt to seize the tanker in open seas.
Concerns about a recession also limited crude price gains.
Meanwhile, China’s announcement of key interest rate reforms over the weekend has fueled expectations of an imminent reduction in corporate borrowing costs in the struggling economy, boosting share prices on Monday.
US energy firms this week increased the number of oil rigs operating for the first time in seven weeks despite plans by most producers to cut spending on new drilling this year.
“WTI in recent weeks has performed relatively better than Brent... Pipeline start ups in the United States have been supportive for WTI, while the ongoing trade war has had more of an impact on Brent,” said Warren Patterson, head of commodities strategy at Dutch bank ING.
The Organization of the Petroleum Exporting Countries (OPEC) cut its forecast for global oil demand growth in 2019 by 40,000 barrels per day (bpd) to 1.10 million bpd and indicated the market would be in slight surplus in 2020.
It is rare for OPEC to give a bearish forward view on the market outlook.
“Such a bearish prognosis will heap more pressure on OPEC to take further measures to support the market,” said Stephen Brennock of oil broker PVM.