Saudi-Uzbekistan council signs 10 investment agreements worth $12bn

The agreements cover various sectors and include number of deals between Ministry of Investment and Foreign Trade of the Republic of Uzbekistan, the Ministry of Energy of the Republic of Uzbekistan, and ACWA Power, a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants. 
The agreements cover various sectors and include number of deals between Ministry of Investment and Foreign Trade of the Republic of Uzbekistan, the Ministry of Energy of the Republic of Uzbekistan, and ACWA Power, a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants. 
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Updated 18 August 2022

Saudi-Uzbekistan council signs 10 investment agreements worth $12bn

Saudi-Uzbekistan council signs 10 investment agreements worth $12bn

JEDDAH: Saudi Arabia and Uzbekistan have signed over 10 investment agreements, worth over SR45 billion ($12 billion), during the Saudi-Uzbek Business Council in Jeddah on Wednesday.

The agreements cover various sectors and include number of deals between Ministry of Investment and Foreign Trade of the Republic of Uzbekistan, the Ministry of Energy of the Republic of Uzbekistan, and ACWA Power, a developer, investor, co-owner and operator of a portfolio of power generation and desalinated water production plants. 
“Over 10 agreements were signed between the Kingdom and Uzbekistan in several sectors, with a value exceeding SR45 billion,” Saudi Minister of Investment Khalid Al-Falih said. 


Six facing criminal charges over Indonesia stadium disaster: police chief

Six facing criminal charges over Indonesia stadium disaster: police chief
Updated 20 min 46 sec ago

Six facing criminal charges over Indonesia stadium disaster: police chief

Six facing criminal charges over Indonesia stadium disaster: police chief
  • The six suspects include three police officers and three people responsible for the match and its security
  • The announcement came as anger grew over the police response to a pitch invasion

MALANG, Indonesia: Indonesia’s police chief on Thursday said six people were facing criminal charges over a football stadium disaster that killed 131 people at the weekend.
“Based on the investigation and sufficient evidence, we have determined six suspects,” national police chief Listyo Sigit Prabowo told a press conference.
The six suspects include three police officers and three people responsible for the match and its security, including the head of Arema FC’s organizing committee and one of the club’s security officers, he said.
The announcement came as anger grew over the police response to a pitch invasion.
Officers reacted by firing tear gas into packed stands as fans of Arema FC tried to approach players following their defeat to fierce rivals Persebaya Surabaya on Saturday evening.
Hundreds of people fled for small exits, resulting in a crush that left many trampled or suffocating to death.
Police described the pitch invasion as a riot and said two officers were killed, but survivors accused them of overreacting.
Officers responded with force, kicking and hitting fans with batons, according to witnesses and footage, pushing the spectators back into the stands where many would die after tear gas was fired.
Indonesian President Joko Widodo announced an investigation after the tragedy and called for a safety review of all stadiums.


Biden says he is surveying options after OPEC+ decision to cut output

Biden says he is surveying options after OPEC+ decision to cut output
Updated 29 min 31 sec ago

Biden says he is surveying options after OPEC+ decision to cut output

Biden says he is surveying options after OPEC+ decision to cut output

WASHINGTON: US President Joe Biden said on Thursday he was surveying his options after OPEC+ nations announced plans to cut oil output, a decision he said was disappointing.

Benchmark Brent crude was trading around $94 per barrel on Thursday, after gaining 1.7 percent in the previous session.

US West Texas Intermediate crude futures rose 14 cents, or 0.2 percent, to $87.90 after closing 1.4 percent up on Wednesday.

The agreement between the Organization of Petroleum Exporting Countries and allies including Russia, a group known collectively as OPEC+, comes ahead of a EU embargo on Russian oil and would squeeze supplies in an already tight market, adding to inflation.

“We believe that the price impact of the announced measures will be significant,” said Jorge Leon, senior vice-president at Rystad Energy.


Drugs seized in special needs center are medical treatments

Drugs seized in special needs center are medical treatments
Updated 36 min 14 sec ago

Drugs seized in special needs center are medical treatments

Drugs seized in special needs center are medical treatments
  • The Ministry of Social Development has been carrying out periodic trips since September 2021
  • Social development minister formed an investigation team for the case

AMMAN: Jordanian authorities have revealed that drugs seized earlier this week from a disability center were found to have been dispensed per medical prescriptions.
The Ministry of Social Development has been carrying out periodic trips since September 2021, on government, private and voluntary centers concerned with providing care to persons with disabilities to monitor drugs dispensed to beneficiaries, reported the Jordan News Agency (Petra) on Thursday.
Monitoring campaigns are carried out, in partnership with Ministry of Health, Higher Council for the Rights of Persons with Disabilities, and Jordan Food and Drug Administration, the ministry’s spokesperson told Petra.
The 28 types of medicine seized at the disability center were given per medical prescriptions, with a number of 4,718 excess pills, including five types of listed dangerous drugs, totaling 1, 333 tablets, according to the ministry.
The total number of beneficiaries, who have already received medicines, stood at 76 patients, out of 107 at a monthly rate of up to 1,000 pills, per medical prescriptions.
Based on the committee’s report, the social development minister decided to arrest several officials involved and formed an investigation team for the case.
On Sept. 26, 2021, the minister commissioned teams to carry out field visits to disability centers to monitor drugs dispensed to beneficiaries at Jordan’s government and private disability facilities, asking institutions to submit their reports within 72 hours.


Grand Mosque’s gate 100 to be named after King Abdullah bin Abdulaziz

Grand Mosque’s gate 100 to be named after King Abdullah bin Abdulaziz
Updated 36 min 21 sec ago

Grand Mosque’s gate 100 to be named after King Abdullah bin Abdulaziz

Grand Mosque’s gate 100 to be named after King Abdullah bin Abdulaziz
  • Al-Sudais: Saudi kings have always taken great care of the two holy mosques
  • The Grand Mosque in Makkah has 210 gates

JEDDAH: The Grand Mosque’s gate 100 will be named after Saudi Arabia’s late King Abdullah bin Abdulaziz, the General Presidency of the Two Holy Mosques announced on Wednesday.

The presidency’s chief Sheikh Abdulrahman Al-Sudais said the naming comes as part of the Kingdom’s efforts to serve the two holy mosques by expanding them and providing a high-quality service that enables pilgrims to perform their rituals with ease.

Al-Sudais added that Saudi kings have always taken great care of the two holy mosques and emphasized the importance of providing the finest services to the mosques and those that visit them.

The Grand Mosque in Makkah has 210 gates.


Google’s Russian subsidiary files lawsuit against state bailiffs

Google’s Russian subsidiary files lawsuit against state bailiffs
Updated 56 min 28 sec ago

Google’s Russian subsidiary files lawsuit against state bailiffs

Google’s Russian subsidiary files lawsuit against state bailiffs
  • Company's subsidiary filed for bankruptcy in June following the seizure of its bank account by authorities

MOSCOW: Google’s Russian subsidiary has filed a lawsuit against Russian state bailiffs, court documents show, in a year that has seen the unit file for bankruptcy in Russia and have more than 7.7 billion roubles ($127 million) in funds seized.
Alphabet Inc.’s Google declined to comment.
In May, Russian bailiffs seized funds from Google that it had been ordered to pay late last year. A month earlier, Tsargrad, a Russian Orthodox television channel blocked by YouTube, said bailiffs had seized 1 billion roubles from Google.
Google’s subsidiary filed for bankruptcy in June after saying that authorities had seized its bank account, making it impossible to pay staff and vendors.
Court documents published on Oct. 4 showed the Moscow Arbitration Court had accepted an application from Google LLC dated Sept. 30 and would consider the case.
The court listed the Moscow department of Russia’s Federal Bailiffs Service and one of its senior officials as the defendants.
Russia’s Federal Bailiffs Service did not immediately respond to a request for comment.
The RIA news agency reported in August that the same Moscow court had rejected Google’s demand that the 1 billion roubles seized in the Tsargrad case be returned, with the TV channel still unable to access all Google services.
Tsargrad TV is owned by businessman Konstantin Malofeev, who was sanctioned by the United States and European Union in 2014 over accusations that he funded pro-Moscow separatists fighting in Ukraine, something he denies. Russia considers such Western sanctions illegal.
Tsargrad TV had no immediate comment.