Work of KSRelief showcased during Saudi crown prince's visit to Pakistan

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Pakistani youths viewing a picture exhibition in Islamabad of the KSRelief's work in various parts of the Middle East. (SPA)
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Dignitaries visiting the picture exhibition in Islamabad of the KSRelief's work in various parts of the Middle East. (SPA)
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Dignitaries viewing a picture exhibition in Islamabad of the KSRelief's work in various parts of the Middle East. (SPA)
Updated 22 February 2019
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Work of KSRelief showcased during Saudi crown prince's visit to Pakistan

JEDDAH: The vital work of the King Salman Humanitarian Aid and Relief Center (KSRelief) was showcased during Crown Prince Mohammed bin Salman’s recent visit to Pakistan.
KSRelief officials took part in an exhibition staged by the Saudi Embassy to promote Saudi-Pakistani relations.
The pavilion display included pictures of KSRelief projects being carried out in Pakistan, in addition to a documentary and videos, and pamphlets about humanitarian and relief programs being run by the center around the world, especially in Yemen.
KSRelief helped in 42 countries in areas including health, food, medicine, protection and care for children and expectant mothers, and the operation of a center for artificial limbs. AN Jeddah
The event was attended by the Saudi Ambassador to Pakistan Nawaf bin Said Al-Malki, along with ambassadors from other Arab countries, senior officials of the Pakistani government, and media figures.


Saudi minister stresses energy security amid climate concerns

Updated 15 sec ago
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Saudi minister stresses energy security amid climate concerns

RIYADH: Energy security does not need to be sacrificed to deal with climate concerns, one of Saudi Arabia’s top ministers has insisted.

The Kingdom’s Energy Minister Prince Abdulaziz bin Salman flagged made the comments at a dialogue session titled “Energy Security, Future of Energy, and Sustainable Development” during the 2024 IsDB Group Annual Meetings in Riyadh.

His warning come as climate change discussions now include a focus on innovative solutions such as renewables and advanced technologies while ensuring energy security and economic growth.

Prince Abdulaziz stated: “We believe in the reality of the climate crisis, but we support dealing with it according to the priorities of each country.”

He added: “Our issue is not recognizing the existence of the problem of climate change, but rather how to deal with it in a fair and direct manner, taking into account the differences in the national circumstances of countries.” 

The minister stressed the importance of collaboration and collective action, noting Saudi Arabia’s proactive engagement on global warming.

“The Kingdom has the second lowest intensity of carbon dioxide and methane emissions in the world, and countries that occupy lagging positions must follow our approach,” he emphasized, urging nations to unite and work together toward effective solutions.

“The discussion on the issue of climate change must be realistic and logical to enable all parties to cooperate in confronting this global issue,” the minister added.

The energy minister joined a growing chorus of high-profile figures discussing the trade-offs between energy security and climate concerns. 

In March, President and CEO of Aramco Amin Nasser called for a new approach to the energy transition that incorporates oil and gas, saying the current strategy “is visibly failing on most fronts.” 

Speaking at the same meeting as Prince Abdulaziz in Riyadh, Muhammad Al-Jasser, president of the Islamic Development Bank, highlighted the institution’s commitment to green projects through innovative financing mechanisms. 

“Anytime you have a green project, you can issue sukuk against it. Once you have those green sukuks, you can create green assets against it and then you have a virtual cycle triggered into the process and we’re already there,” he explained.

Al-Jasser emphasized the bank’s proactive approach to catalyzing change rather than waiting for it.

“This year is going to be a bumper year for us, we’re going to be issuing $6 billion of sukuk; some of it will be green. This is our way of helping and not waiting too long to bring about that change,” he said.

Addressing the financing challenges associated with the energy transition, he emphasized the progress made by IsDB in increasing funding for sustainable projects. 

“We will provide financing within our abilities and we do it with also all of the other Arab lending institutions,” he explained.

He continued: “There’s the Arab Coordination Group, we compare notes and we go out and we finance some of these projects like the hydro dams that we have financed together and that helps a lot with the transition and with the creation of sufficient energy to fuel these economies.”

However, he acknowledged the financial constraints and emphasized that the  transition must be realistic and inclusive, stating: “We will never have enough money, and therefore the transition has to take that into account.”


Emily Blunt, Ryan Gosling laud stunt performers in ‘The Fall Guy’

Updated 6 min 2 sec ago
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Emily Blunt, Ryan Gosling laud stunt performers in ‘The Fall Guy’

TEXAS: Hollywood stars Emily Blunt and Ryan Gosling pay tribute to stunt actors in a film by director David Leitch, who himself started as a stunt actor. Loosely based on the 1980s TV series about stunt performers, “The Fall Guy,” which releases in Saudi Arabia on Thursday, is billed as blending humor, romance, mystery, and action.

“It's a celebration of our incredible industry and this film is about that, but it's really to just broadcast the incredible and indelible work of stunt performers and what they've done for cinema,” Blunt said in an interview with Arab News.

“What they've done for people's entertainment … they've risked life and limb to give people that crackling sense of wonder that you feel in movies and it's time they got their outing,” she added.

In a challenge to the invasion of digital effects in film, not only is “The Fall Guy’ packed with stunts but it has officially set a Guinness World Record for the most cannon rolls in a car, performed by stunt driver Logan Holladay. Eight-and-a-half rolls broke the previous record of seven, set by Adam Kirley for 2006’s “Casino Royale.”

Gosling praised the film for giving a platform to stunt performer.

“I had a stunt double my whole life. And it's always been this strange dynamic where they come in, they do all the cool stuff, and then they go and hide and you pretend like you did it and it's not cool, it's about time that recognize (their work),” he said.

The film follows the story of Colt Sievers, a stuntman who left his job to focus on his own health. When the star of a big-budget movie directed by his ex-girlfriend goes missing, he is recalled to active duty.

“Ted Lasso” star Hannah Waddingham also stars in the film. The British actress shed light on what the movie means to her.

“You know, we shot it this time last year in Sydney. Starting in late November, October time. So to finally be here, I feel like I've had to keep a lid on it for so long. And my brother and I were obsessed with “The Fall Guy” when I was little, when I was like ten years old so it's so lovely,” she said.


Model Imaan Hammam walks for Ralph Lauren in New York 

Updated 8 min 38 sec ago
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Model Imaan Hammam walks for Ralph Lauren in New York 

DUBAI: Dutch Moroccan Egyptian model Imaan Hammam hit the runway in New York City on Monday at the Ralph Lauren Fall/Holiday 2024 show.  

Hammam graced the catwalk in a soft, ethereal button-down silk dress in a radiant metallic cream hue. Her ensemble also featured a beige cardigan that was buttoned at the center. 

Completing her look, a matching purse was draped over her shoulder and she flaunted shoulder-grazing dangling earrings.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by Ralph Lauren (@ralphlauren)

The show, which was minimal in Ralph Lauren terms, was inspired by Lauren’s first women’s fashion show in 1972, where he displayed his wares to editors and friends in his own office.

In front of a typically starry front row that included actors Glenn Close, Jessica Chastain, Kerry Washington, Rebecca Hall and Jodie Turner-Smith, Lauren opened his show on a note of timelessness — his longtime ethos — with the appearance of muse and supermodel Christy Turlington, now 55, in a sleek beige wool coat.

The collection featured a series of designs in soothing neutral tones — tans, browns, grays, black and metallics. The soft palette characterized both daytime garments like tailored jackets and sweaters with trousers, and evening wear like slinky, sequined gowns. There were roomy sweaters, lots of boots and wide leather belts with “RL” buckles.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by Ralph Lauren (@ralphlauren)

There were Lauren’s familiar Western accents, like long fringes on coats and jacket sleeves. And especially the occasional cowboy hat, which accompanied not only casual ensembles but, to close out the show with a memorable look, a backless gown dress in sparkly gold.

Lauren, 84, appeared briefly at the end, in well-worn jeans, to cheers from the crowd. 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

A post shared by Ralph Lauren (@ralphlauren)

Close wore a white Lauren pantsuit. “This is a very, very special suit,” the actor said at the event. “It was made especially for me. Custom. Five years ago. I won a SAG award in it. So here I am. It looks just as beautiful. It’s a shame to wear something like this only once.”

Close added that growing up in New England, “the mentality was, you buy something that has great quality and then you wear it until it wears out. That’s how I was brought up.”


RedBird IMI withdraws from Telegraph deal, to sell UK newspaper

Updated 9 min 3 sec ago
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RedBird IMI withdraws from Telegraph deal, to sell UK newspaper

  • Abu Dhabi-backed investor group to sell media outlet following government ban on foreign entities owning national newspapers
  • RedBird IMI says its focus is on securing the best price for the titles, but experts fear the asset could fecth a lower price than what was originally paid

LONDON: Abu Dhabi-backed RedBird IMI on Tuesday said it would sell the Telegraph after it scrapped its acquisition of the right-leaning newspaper group because government intervention meant the deal was “no longer feasible.”
RedBird IMI effectively took control of the Telegraph and the Spectator magazine in December when it repaid a debt owed by then-owner the Barclay family to Lloyds Bank, including a 600 million pound ($753 million) loan against the titles.
But the acquisition, which already faced a lengthy regulatory inquiry, was dealt a blow last month when Britain said it would stop foreign governments owning newspapers.
“RedBird IMI has today confirmed that it intends to withdraw from its proposed acquisition of the Telegraph Media Group and proceed with a sale,” a RedBird IMI spokesperson said.
“We have held constructive conversations with the government about ensuring a smooth and orderly sale for both titles.”
RedBird IMI, led by former CNN executive Jeff Zucker, is backed by Mansour bin Zayed Al Nahyan, a member of Abu Dhabi’s ruling family and the owner of Manchester City soccer club.
The government issued a notice in December stopping RedBird IMI transferring ownership of the newspaper or changing its management and board while it investigated the deal.
Culture Secretary Lucy Frazer said on Tuesday she would now allow RedBird IMI to conduct an orderly sale of the titles after it had signalled its intention to withdraw.
“Throughout this process I have raised concerns about the potential impact of this deal on free expression and accurate presentation of news, and I took steps to ensure that media freedom was protected while there was an investigation into those concerns,” she said.
RedBird IMI said its focus was on securing the best price for the titles, which are close to the ruling Conservatives.
Parties previously interested in the assets include hedge fund boss Paul Marshall, Daily Mail owner DMGT as well as private equity buyers.


Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister

Updated 35 min 5 sec ago
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Malaysia to witness $10bn investment from ACWA Power in renewable energy sector: prime minister

RIYADH: Saudi utility firm ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects. 

According to a report by the Malaysian National News Agency Bernama, ACWA Power will collaborate with Cypark Resources Bhd on the developments.

Malaysian Prime Minister Anwar Ibrahim confirmed this news on his Facebook page following a meeting with ACWA Power Chairman Mohammad Abunayyan on the sidelines of the World Economic Forum in Riyadh. 

Ibrahim said that the Saudi firm is prepared to collaborate with strategic partners in Malaysia to develop multiple renewable projects across various states in the nation. 

“I express my appreciation for ACWA Power’s commitment to increasing its investments in Malaysia and informing that the country always welcomes any effort that contributes to the economic growth of the country and the prosperity of the people,” Ibrahim wrote on his Facebook page.  

He added that ACWA Power has already presented several investment proposals, which include developing renewable sites in Kelantan, Perlis, and Johor, as well as in Terengganu and Sarawak. 

The prime minister said Malaysia will continue to implement investment-friendly policies, with a focus on initiatives ensuring that every deal is simplified and expedited. 

Earlier this month, ACWA Power signed a new agreement with SOCAR, the state oil company of Azerbaijan, to accelerate the development of renewable projects in the nation. 

“The primary directive of the agreement will be to enhance SOCAR’s carbamide fertilizer facility, striving toward more value-added low-carbon products,” said ACWA Power in a statement at that time.  

In the same month, the Saudi-listed firm also signed another deal with the International Renewable Energy Agency to accelerate the adoption of clean energy worldwide. 

Under the deal, the utility developer will work closely with IRENA to share crucial insights on infrastructure investment in renewable energy, green hydrogen advancement, solar energy, and the intersection of energy and water.  

ACWA Power and IRENA will also investigate avenues to mobilize finance and investment for renewable projects, along with supporting infrastructure for the development, storage, distribution, and transmission of clean energy.