Israeli warplanes break sound barrier over Nabatieh, Iqlim Tuffah


National News Agency correspondent in Nabatieh reported that the Israeli warplanes broke the sound barrier at approximately 2:16 this afternoon, in two batches, in the airspace of the Nabatieh and Iqlim al-Tuffah regions, circling at low altitude and causing a loud sound.

Source: National News Agency – Lebanon

Makkah Hosts 9th Conference of Ministers of Awqaf and Islamic Affairs in the Muslim World

Riyadh, Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Ministry of Islamic Affairs, Dawa and Guidance will hold the Executive Council meeting in preparation for the ninth conference of ministers of awqaf and Islamic affairs in the countries of the Islamic world, held on August 3, 2024.

The meeting will tackle the role of the ministries of awqaf and Islamic affairs in promoting the principles and consolidating the values of moderation, which is the theme of the conference.

In addition to ministers of awqaf and Islamic affairs, the conference will be also attended by muftis and heads of Islamic councils and associations from more than 60 countries.

In 10 working sessions, participants are scheduled to discuss the role of a renewed concept of religious address in promoting the principles and consolidating the values of moderation; how to confront extremism, fanaticism and terrorism; the need to immunize the society against the danger of hate speech and extre
mism; how to spread the values of tolerance and coexistence; how to fight Islamophobia; the role of awqaf in increasing the gross domestic product; and the role endowment funds help development and investment.

Minister of Islamic Affairs, Dawa and Guidance, and Chairman of the Executive Council of the Conference Sheikh Dr. Abdullatif bin Abdulaziz Al Al-Sheikh expressed thanks and gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and to HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, for the great interest shown in this conference.

Source: Saudi Press Agency

Makkah Hosts 9th Conference of Ministers of Awqaf and Islamic Affairs in the Muslim World

Riyadh, Under the patronage of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Ministry of Islamic Affairs, Dawa and Guidance will hold the Executive Council meeting in preparation for the ninth conference of ministers of awqaf and Islamic affairs in the countries of the Islamic world, held on August 3, 2024.

The meeting will tackle the role of the ministries of awqaf and Islamic affairs in promoting the principles and consolidating the values of moderation, which is the theme of the conference.

In addition to ministers of awqaf and Islamic affairs, the conference will be also attended by muftis and heads of Islamic councils and associations from more than 60 countries.

In 10 working sessions, participants are scheduled to discuss the role of a renewed concept of religious address in promoting the principles and consolidating the values of moderation; how to confront extremism, fanaticism and terrorism; the need to immunize the society against the danger of hate speech and extre
mism; how to spread the values of tolerance and coexistence; how to fight Islamophobia; the role of awqaf in increasing the gross domestic product; and the role endowment funds help development and investment.

Minister of Islamic Affairs, Dawa and Guidance, and Chairman of the Executive Council of the Conference Sheikh Dr. Abdullatif bin Abdulaziz Al Al-Sheikh expressed thanks and gratitude to Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and to HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, for the great interest shown in this conference.

Source: Saudi Press Agency

Saudi Industry Minister Meets CEOs of Brazilian Companies, Discusses Further Investment in Mining and Industry

Brasilia, Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef met here today with CEO of Brazilian multinational corporation engaged in metals and mining Vale Eduardo Bartolomeo, with whom he reviewed the promising investment opportunities Saudi Arabia’s mining sector offers Brazilian companies, and their opportunity to further invest in the Kingdom.

Alkhorayef highlighting the incentives and capabilities investors are offered in the mining sector. Vice Minister for Mining Affairs at the Ministry of Industry and Mineral Resources Eng. Khalid bin Saleh Al-Mudaifer attended the meeting where discussed were the strong relationship between Saudi Arabia and Brazil in the mining sector, which recently led to Saudi Arabia acquiring a 10% stake in Vale for basic metals. This investment was made through Manara Minerals Company, a joint venture between the Public Investment Fund (PIF) and Maaden.

The discussion also emphasized the importance modern technologies play in mining projects, ensuring
more efficient production and environmental sustainability, and the goal of reaching carbon neutrality in the coming decades.

Bartolomeo praised Saudi Arabia’s development and economic progress, particularly the major development projects, and acknowledged the significant support and assistance Vale received upon investing in the Kingdom, especially in the iron pelletizing project in Ras Al-Khair, in the Eastern Province.

He extended an invitation to the Saudi delegation to visit Vale’s mines in Carajas and learn about their best mining practices.

Alkhorayef also met with Brazilian Petrobras CEO Magda Chambriard, with whom he discussed cooperation opportunities in the manufacturing and petrochemical industries.

Brazil, with its vast mineral wealth and extensive mining experience, is seen as a crucial partner for Saudi Arabia. The two countries have maintained strong relations for over 50 years, cooperating significantly in the energy and minerals sectors.

Saudi Arabia is rapidly developing its minin
g sector, where there are an estimated SR9.4 trillion worth of buried mineral resources, to maximize the national economy’s benefit and establish mining as a third pillar of the industry.

The Kingdom values international cooperation and partnerships in addressing mineral supply chain challenges.

To attract investors, Saudi Arabia has improved the investment environment, including in mining, and by offering incentives such as contributing 75% of the financing of capital expenditures, a five-year tax exemption, and 100% direct foreign ownership.

In April 2024, the Ministry of Industry and Mineral Resources of Saudi Arabia launched the Exploration Empowerment Program (EEP), allocating $182 million to reduce exploration investment risks and accelerate innovative exploration. This sector transformation has positioned Saudi Arabia prominently in the global mining industry.

To help investors make informed decisions, the Kingdom provides comprehensive and continuously updated geological data through a digital
platform.

The Kingdom also recently announced the National Minerals Program to enhance the quality and efficiency of mineral supply chains and ensure their continuity for local industries and major projects, with plans to invest SR120 billion in basic and strategic mineral industries.

Alkhorayef’s meetings during his visit to Brazil at the head of a delegation that is also visiting Chile from July 22 to 30 aims to strengthen bilateral ties, attract investment to Saudi Arabia, and explore mutual investment opportunities in the industrial and mining sectors.

Source: Saudi Press Agency

Saudi Industry Minister Meets CEOs of Brazilian Companies, Discusses Further Investment in Mining and Industry

Brasilia, Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef met here today with CEO of Brazilian multinational corporation engaged in metals and mining Vale Eduardo Bartolomeo, with whom he reviewed the promising investment opportunities Saudi Arabia’s mining sector offers Brazilian companies, and their opportunity to further invest in the Kingdom.

Alkhorayef highlighting the incentives and capabilities investors are offered in the mining sector. Vice Minister for Mining Affairs at the Ministry of Industry and Mineral Resources Eng. Khalid bin Saleh Al-Mudaifer attended the meeting where discussed were the strong relationship between Saudi Arabia and Brazil in the mining sector, which recently led to Saudi Arabia acquiring a 10% stake in Vale for basic metals. This investment was made through Manara Minerals Company, a joint venture between the Public Investment Fund (PIF) and Maaden.

The discussion also emphasized the importance modern technologies play in mining projects, ensuring
more efficient production and environmental sustainability, and the goal of reaching carbon neutrality in the coming decades.

Bartolomeo praised Saudi Arabia’s development and economic progress, particularly the major development projects, and acknowledged the significant support and assistance Vale received upon investing in the Kingdom, especially in the iron pelletizing project in Ras Al-Khair, in the Eastern Province.

He extended an invitation to the Saudi delegation to visit Vale’s mines in Carajas and learn about their best mining practices.

Alkhorayef also met with Brazilian Petrobras CEO Magda Chambriard, with whom he discussed cooperation opportunities in the manufacturing and petrochemical industries.

Brazil, with its vast mineral wealth and extensive mining experience, is seen as a crucial partner for Saudi Arabia. The two countries have maintained strong relations for over 50 years, cooperating significantly in the energy and minerals sectors.

Saudi Arabia is rapidly developing its minin
g sector, where there are an estimated SR9.4 trillion worth of buried mineral resources, to maximize the national economy’s benefit and establish mining as a third pillar of the industry.

The Kingdom values international cooperation and partnerships in addressing mineral supply chain challenges.

To attract investors, Saudi Arabia has improved the investment environment, including in mining, and by offering incentives such as contributing 75% of the financing of capital expenditures, a five-year tax exemption, and 100% direct foreign ownership.

In April 2024, the Ministry of Industry and Mineral Resources of Saudi Arabia launched the Exploration Empowerment Program (EEP), allocating $182 million to reduce exploration investment risks and accelerate innovative exploration. This sector transformation has positioned Saudi Arabia prominently in the global mining industry.

To help investors make informed decisions, the Kingdom provides comprehensive and continuously updated geological data through a digital
platform.

The Kingdom also recently announced the National Minerals Program to enhance the quality and efficiency of mineral supply chains and ensure their continuity for local industries and major projects, with plans to invest SR120 billion in basic and strategic mineral industries.

Alkhorayef’s meetings during his visit to Brazil at the head of a delegation that is also visiting Chile from July 22 to 30 aims to strengthen bilateral ties, attract investment to Saudi Arabia, and explore mutual investment opportunities in the industrial and mining sectors.

Source: Saudi Press Agency

Saudi Ambassador to Jordan Attends the Opening of the Conference on Future Visions of Digitization of Business and Scientific Research

Amman, Saudi Ambassador to the Hashemite Kingdom of Jordan Naif bin Bandar Al-Sudairi attended today here the opening session of the seventh international scientific conference organized by the College of Business at the Arab University of Amman under the title “Digitization of Business and Scientific Research: Future Visions”.

The two-day conference is attended by local, regional and international specialists, academics and experts who will discuss research papers from seven specialized fields of knowledge.

Source: Saudi Press Agency

Saudi Ambassador to Jordan Attends the Opening of the Conference on Future Visions of Digitization of Business and Scientific Research

Amman, Saudi Ambassador to the Hashemite Kingdom of Jordan Naif bin Bandar Al-Sudairi attended today here the opening session of the seventh international scientific conference organized by the College of Business at the Arab University of Amman under the title “Digitization of Business and Scientific Research: Future Visions”.

The two-day conference is attended by local, regional and international specialists, academics and experts who will discuss research papers from seven specialized fields of knowledge.

Source: Saudi Press Agency

A boy was killed and 9 others were injured, including 2 seriously, during the occupation forces’ storming of Balata camp.

Nablus – Ma’an – A citizen was killed and nine others were injured, two of them seriously, when an Israeli drone bombed a group of citizens in the Jammasin neighborhood inside Balata camp, east of Nablus, on Saturday evening.

The Ministry of Health announced the martyrdom of the boy, Louay Muhammad Masha (17 years old), while medical teams at Rafidia Governmental Hospital are still dealing with 9 injuries, including two in critical condition, as a result of the occupation’s aggression on Balata Camp in Nablus.

The Palestinian Red Crescent Society reported that a volunteer field paramedic was injured while working to evacuate the wounded as a result of the occupation’s bombing of Balata camp.

A large force of the occupation army, reinforced by a number of patrols and armored vehicles, stormed Balata camp this evening, amid heavy gunfire and the sound of explosions.

Local sources reported that clashes broke out between the resistance fighters and the occupation forces in the area.

Source: Maan News Agency

A boy was killed and 9 others were injured, including 2 seriously, during the occupation forces’ storming of Balata camp.

Nablus – Ma’an – A citizen was killed and nine others were injured, two of them seriously, when an Israeli drone bombed a group of citizens in the Jammasin neighborhood inside Balata camp, east of Nablus, on Saturday evening.

The Ministry of Health announced the martyrdom of the boy, Louay Muhammad Masha (17 years old), while medical teams at Rafidia Governmental Hospital are still dealing with 9 injuries, including two in critical condition, as a result of the occupation’s aggression on Balata Camp in Nablus.

The Palestinian Red Crescent Society reported that a volunteer field paramedic was injured while working to evacuate the wounded as a result of the occupation’s bombing of Balata camp.

A large force of the occupation army, reinforced by a number of patrols and armored vehicles, stormed Balata camp this evening, amid heavy gunfire and the sound of explosions.

Local sources reported that clashes broke out between the resistance fighters and the occupation forces in the area.

Source: Maan News Agency

GAMI Concludes Participation in Farnborough International Airshow 2024

Riyadh, The General Authority for Military Industries (GAMI) concluded its participation in Farnborough International Airshow, held recently in London, UK, with extensive international involvement.

GAMI’s goal through this engagement was to enable national and major international companies in the defense industry to achieve national targets in the process of localizing the sector, with more than 50% of government spending on military equipment and services by 2030, by creating an investment environment that encourages, supports, and welcomes investors from across the globe to this vital sector.

During the airshow, GAMI Governor Eng. Ahmad Abdulaziz Al-Ohali presided over the signing of agreements between Saudi Arabian Military Industries (SAMI), Airbus Helicopters, and Lockheed Martin. The agreements aim to enhance local capabilities and support GAMI’s efforts to develop the aviation and aerospace sector in the region.

One agreement entails SAMI Alsalam Aerospace Industries becoming part of a select gro
up of 14 nations that have approved service centers for the maintenance, repair, and overhaul of Lockheed Martin’s C-130 Hercules aircraft, based on the most stringent international quality criteria. Additionally, the agreement covers services for systems and structural modifications.

As per the terms of the agreement, SAMI Alsalam Aerospace Industries offers assistance to operators of these aircraft both regionally and globally.

As per the other agreement, SAMI commits to localizing helicopter maintenance, repair and overhaul in partnership with Airbus Helicopters, to enhance Saudi Arabia’s capabilities in helicopter repair services.

During the show, GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. GAMI also showcased the supply chains it has established to enhance promising investment opportunities for local and foreign small and medium-sized enterprises (SMEs), highlighting the local capabil
ities in the Kingdom’s military industries sector that fulfill the operational requirements of military forces.

GAMI also highlighted its primary responsibilities, domestic priorities, localization and empowerment initiatives, and appealing investment incentives in the military sector. It also emphasized the capabilities of the Saudi military and defense industries, along with the significant accomplishments in developing industrial and service capabilities in the Kingdom, in line with its strategic objective to ensure that over 50% of government spending on military equipment and services is directed towards domestic suppliers by 2030.

GAMI’S participation in international exhibitions focusing on defense and security reflects one of the goals for which it was established, which is to review the capabilities of the military industries sector in the Kingdom and enhance its essential role in building a vibrant and prosperous economy by creating and developing an encouraging investment environment for milita
ry industries.

Through its unified platform for military industries on its website, GAMI offers services for military licensing, human capital development, military standards and specifications, localization, and military industries. It offers its services to individuals, local companies, government entities, and educational institutions.

Source: Saudi Press Agency

GAMI Concludes Participation in Farnborough International Airshow 2024

Riyadh, The General Authority for Military Industries (GAMI) concluded its participation in Farnborough International Airshow, held recently in London, UK, with extensive international involvement.

GAMI’s goal through this engagement was to enable national and major international companies in the defense industry to achieve national targets in the process of localizing the sector, with more than 50% of government spending on military equipment and services by 2030, by creating an investment environment that encourages, supports, and welcomes investors from across the globe to this vital sector.

During the airshow, GAMI Governor Eng. Ahmad Abdulaziz Al-Ohali presided over the signing of agreements between Saudi Arabian Military Industries (SAMI), Airbus Helicopters, and Lockheed Martin. The agreements aim to enhance local capabilities and support GAMI’s efforts to develop the aviation and aerospace sector in the region.

One agreement entails SAMI Alsalam Aerospace Industries becoming part of a select gro
up of 14 nations that have approved service centers for the maintenance, repair, and overhaul of Lockheed Martin’s C-130 Hercules aircraft, based on the most stringent international quality criteria. Additionally, the agreement covers services for systems and structural modifications.

As per the terms of the agreement, SAMI Alsalam Aerospace Industries offers assistance to operators of these aircraft both regionally and globally.

As per the other agreement, SAMI commits to localizing helicopter maintenance, repair and overhaul in partnership with Airbus Helicopters, to enhance Saudi Arabia’s capabilities in helicopter repair services.

During the show, GAMI participated in various international meetings and partnerships aimed at enhancing cooperation in the military and defense field and exchanging expertise. GAMI also showcased the supply chains it has established to enhance promising investment opportunities for local and foreign small and medium-sized enterprises (SMEs), highlighting the local capabil
ities in the Kingdom’s military industries sector that fulfill the operational requirements of military forces.

GAMI also highlighted its primary responsibilities, domestic priorities, localization and empowerment initiatives, and appealing investment incentives in the military sector. It also emphasized the capabilities of the Saudi military and defense industries, along with the significant accomplishments in developing industrial and service capabilities in the Kingdom, in line with its strategic objective to ensure that over 50% of government spending on military equipment and services is directed towards domestic suppliers by 2030.

GAMI’S participation in international exhibitions focusing on defense and security reflects one of the goals for which it was established, which is to review the capabilities of the military industries sector in the Kingdom and enhance its essential role in building a vibrant and prosperous economy by creating and developing an encouraging investment environment for milita
ry industries.

Through its unified platform for military industries on its website, GAMI offers services for military licensing, human capital development, military standards and specifications, localization, and military industries. It offers its services to individuals, local companies, government entities, and educational institutions.

Source: Saudi Press Agency

“Luxury Network Lebanon” hosts its second international networking golden hour cigar event at Casino du Liban


The “Luxury Network Lebanon” had the pleasure to host its second International networking golden hour cigar event on July 24, and 2024 at “La Martingale” terrace at the iconic Casino du Liban. This international event was attended by more than 250 VIP guests and celebrities from Lebanon and abroad. This event was in partnership with AJ Fernandez cigars and House of Cigars.

Mrs Karen Boustaby CEO of TLN Lebanon welcomed the valuable guests and talked about TLN which was founded In 2007 in London, United Kingdom. And explained that it is the the world’s leading luxury affinity marketing and business networking group; creating partnerships between the world’s most prestigious luxury brands operating in 50 cities globally.

She then welcomed Mr Marko Bilic Cigar ambassador of the world who came exclusively from Croatia to present his worldwide cigar show Then she gave a preview of the event’s amazing program and the valuable gifts that will be won at the raffle. Last but not least she thanked Casino du liban for
its precious partnership as well as the sponsors: SMCG, the house of Cigars, Patchi, The Smallville Hotel, G 3 Ferrari, Pierre Cardin, Daze and wish lux.

She also thanked the media partners for covering the event: MTV, Beiruting, lebtivity, Whatsap lebanon snd Mag Lebanon as well all other media present at the event. She also thanked the food artist Omar Sirtawi , who came exclusively from Dubai, to present his exquisite menu specially made for the occasion.

Mr Fares Ghattas global ceo of TLN emphasized on the importance of the event and gave a brief of AJ Fernandez cigars and SP1014 cigars and their collaboration with TLN.

This event hosted great entertainment with the violinist Jack Stephan, the CubanD , the Cuban singer Jose Carlos and Khanito who performed a great Rumba dance show.

Source: National News Agency – Lebanon