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The Latest Breaking News from Board of Directors

Saudi Future Investment Initiative Institute Concludes Deal to Support Tourism

The Saudi Future Investment Initiative Institute (FII) announced it concluded an agreement to boost the tourism sector.

Asharq Al-Awsat

Twitter Dedicates Emoji to Celebrate Saudi National Day

Twitter has dedicated an emoji flag to celebrate the Kingdom of Saudi Arabia's 92nd National Day. Chairman of the Board of Directors of the General Entertainment Authority (GEA) Turki bin Abdulmohsen Al Al-Sheikh said that Twitter's "Like" emoji had been replaced with the flag of the Kingdom of Saudi Arabia.…

Asharq Al-Awsat

3 Stocks to Buy Now That Offer Steady and Reliable Income

Rising inflation and lingering recession concerns have necessitated the need to add a defensive layer to one’s portfolio. Therefore, it could be wise to invest in fundamentally strong dividend-paying stocks PepsiCo (PEP), Costco Wholesale Corp. (COST), and Comcast Corp. (CMCSA) to generate a steady and reliable income stream. Read on….

StockNews.com

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MBC Group Inaugurates New Offices in Riyadh

MBC Media Group inaugurated its new headquarters in Riyadh during a huge ceremony attended by Acting Minister of Media Majed al-Qasabi and several prominent figures, including media professionals and officials. Chairman of the Board of Directors of MBC Group Waleed al-Ibrahim said during the ceremony that the Group now launches…

Asharq Al-Awsat

Saudi Arabia Leads Regional AI through Laboratory, Global Development Corridor

Saudi Arabia hosted the second edition of the Global AI Summit under the patronage of Crown Prince Mohammad bin Salman bin Abdulaziz, who also chairs the Board of Directors of the Saudi Authority for Data and Artificial Intelligence (SDAIA). During the summit, the Saudi Company for Artificial Intelligence (SCAI) announced…

Asharq Al-Awsat

Saudi Arabia Brings Together Policy Makers, Major AI Investors

Under the patronage of Crown Prince Mohammed Bin Salman, chairman of the Board of Directors of the Saudi Data and AI Authority (SDAIA), the second Global Artificial Intelligence (AI) Summit, organized by SDAIA, is scheduled to commence Tuesday. Under the theme “Artificial Intelligence for the Good of Humanity,” more than…

Asharq Al-Awsat

2nd Global AI Summit to Kick off in Riyadh on Tuesday

The Second Global AI Summit will kick off in Riyadh on Tuesday under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of Board of Directors of the Saudi Data and AI Authority (SDAIA), reported the Saudi Press Agency. Organized by SDAIA, the summit, “Artificial Intelligence…

Asharq Al-Awsat

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ATE.TO: Plans on Track for Acute Pain Program for Otenaproxesul…

By David Bautz, PhD OTC:ATBPF | TSX:ATE.TO READ THE FULL ATE.TO RESEARCH REPORT

Benzinga

Egypt to Organize ‘Arab Labor Conference’ With Participation of 21 Countries

Egypt is preparing to host this month the work of the forty-eighth round of the Arab Labor Conference (ALC) to be attended by the labor ministers, delegations, organization and unions of 21 Arab countries. The conference will focus on issues of economic and social development, artificial intelligence and new work…

Asharq Al-Awsat

5 Things This Disney Activist Investor Wants: ESPN Spinoff, Hulu Buyout And 'Preserve This Policy'

Activist investor Dan Loeb issued a letter to The Walt Disney Company (NYSE: DIS) CEO Bob Chapek and the company’s Board of Directors Monday.

Benzinga

Potential conflict of interest: Indra Nooyi to recuse herself from ICC media rights process

NEW DELHI: Indra Nooyi, the only female representative in the ICC's Board of Directors, has decided to recuse herself from the upcoming sale of its media rights process as she is also a member of potential digital rights bidder Amazon's board.

The Times of India

Harley Appoints Bed Bath & Beyond Exec VP To Board Of Directors

Harley-Davidson appoints Bed Bath & Beyond Executive Vice President Rafeh Masood to the company’s board of directors.

RideApart

ALVOF: Alvopetro Energy Successfully Completed Drilling of 182-C1 & 183-B1 Exploration Wells. Capacity of gas processing facility on track to increase by 25%.

By Steven Ralston, CFA OTC:ALVOF | TSX:ALV.V READ THE FULL ALVOF RESEARCH REPORT

Benzinga

3 High-Yield Stocks to Buy and Hold for the Rest of 2022

The growing concerns over a potential recession due to tighter monetary policy to tame the high inflation have kept the stock market under immense pressure lately. Given this volatile backdrop, we think it could be wise to buy and hold high-yield dividend stocks Suncor Energy Inc. (SU), MetLife, Inc. (MET),…

StockNews.com

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Irish Mirror

IABA facing funding cuts after rejecting reform proposals at EGM

The embattled boxing association held its EGM over the weekend

Chicago Sun-Times

Victory Gardens Theater cancels remaining performances of ‘cullud wattah’ amid company upheaval

The move comes on the heels of a week filled with turmoil for the theater, including the decision by the company’s board of directors, led by chairman Charles E. Harris, to place artistic director Ken-Matt Martin on leave.

Benzinga

ATE.TO: Phase 2 Post-Operative Pain Program to Initiate in Calendar 4Q22…

By David Bautz, PhD OTC:ATBPF | TSX:ATE.TO READ THE FULL ATE.TO RESEARCH REPORT

Asharq Al-Awsat

Saudi-Thai Forum Seeks to Accelerate Investment Pace

In conjunction with the launch of the Saudi-Thai Business Forum on Wednesday in Bangkok, businessmen in the two countries underlined the need to accelerate the pace of investment relations and increase trade exchange. The Chamber organized the event in the presence of Deputy Prime Minister and Minister of Foreign Affairs.…

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Benzinga

Purecycle Technologies Shares Slide On Leadership Changes Announcement

Purecycle Technologies Inc (NASDAQ:PCT) has promoted Dustin Olson, current Chief Operating Officer and Chief Manufacturing Officer, to the role of CEO, along with becoming a member of the board, effective August 5, 2022. Mr. Olson succeeds Mike Otworth, who will resign to return to Innventure, a company he helped found. Dustin Olson…

Dynamite News

Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

Asharq Al-Awsat

Saudi Businessmen to Asharq Al-Awsat: Egypt Turned Into a Hub for Regional Investment

Several Saudi businessmen said that the measures Egypt has taken to improve the investment climate and remove obstacles for investors increase the attractiveness of foreign investments. They explained that Egypt's economic revenues have been among the best in the region, making it a hub for investment. Chairman of the Board…

Asharq Al-Awsat

Egypt, Qatar Boost Relations through Commerce, Industry

Egyptian Minister of Commerce and Industry, Nevine Gamea held talks in Doha on Monday with Qatari Minister of State and Chairman of the Board of Directors of the Free Zones Authority Ahmed al-Sayed. The meeting addressed investment opportunities, their advantages, and ways to enhance cooperation between the two sides. Gamea…

Benzinga

MorphoSys Stock Skyrockets On Entering Equity Participation and License Agreements With HIBio

MorphoSys AG (NASDAQ:MOR) and Human Immunology Biosciences, Inc. (HIBio), a biotechnology company, have established an equity participation agreement and license agreements to allow HIBio to develop and commercialize MorphoSys’ felzartamab, an anti-CD38 antibody, and MOR210, an anti-C5aR1 antibody. HIBio is a biotechnology company based in South San Francisco that focuses on discovering and…

Benzinga

Merger Arbitrage Mondays - The Bidding War For Spirit Airlines (SAVE) Continues

After twelve new deals were announced during the prior two weeks, merger activity ground to a halt last week with no new deals announced. Oracle completed its massive $24.3 billion deal for healthcare software company Cerner and in a trend we have been seeing for several weeks, yet another SPAC…

Asharq Al-Awsat

stc Announces Board's Recommendation to Distribute 150% Stock Dividend to Shareholders

Saudi Arabia's stc’s board of directors announced on Saturday its recommendation to the general assembly to increase the company’s capital by 150% through granting bonus shares. It will be capitalizing SAR 30 billion from retained earnings, bringing stc’s capital from SAR 20 billion (2 billion shares) to SAR 50 billion…

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