Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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A dialogue session held in Riyadh during the Global Symposium for Regulators (GSR25) discussed the importance of AI governance in supporting innovation and digital transformation, focusing on regulatory challenges and future opportunities in healthcare and communications.
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Bernd Lange, Chair of the European Parliament's International Trade Committee, describes the EU's commitment to buying $250 billion worth of US fuel annually as unrealistic, noting that European companies currently purchase about $100 billion worth of fuel from the US.
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US stocks stabilized on Wall Street with Alphabet's shares rising and bond market pressures easing. The S&P 500 increased by 0.5%, the Dow Jones fell by 0.1%, and the Nasdaq rose by 1%.
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The Royal Commission for Jubail and Yanbu won the Datacentre Design and Build Project of the Year award at the DCCI 2025 conference in Riyadh, recognizing its efforts in designing advanced data centers supporting Saudi Vision 2030.
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The 564 km land route linking Saudi Arabia and Oman through the Empty Quarter is a major engineering and economic achievement costing nearly two billion Saudi Riyals. The project enhances cooperation, facilitates trade, tourism, and pilgrimage, and meets the highest traffic safety standards.
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Saudi company Metr signed a strategic agreement with the government of Daxing District in China to support national geospatial products under Saudi Vision 2030. Metr is the first Arab company to open headquarters in Daxing to offer engineering and surveying services and products.
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Greece has passed a new law requiring rejected asylum seekers to leave the country within 14 days, imposing prison sentences and fines on those who fail to comply. The law extends detention periods and cancels the right to regularize status for long-term migrants, sparking widespread criticism from human rights groups and experts.
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Dubai will host the 28th Universal Postal Union Congress in September 2025 with 2,000 participants from 192 countries to discuss the future of the postal and logistics sectors and enhance international cooperation.
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His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, made an official visit to the sisterly Arab Republic of Egypt, during which memoranda of understanding were signed to enhance economic and investment cooperation in various fields including digital transformation, logistics, food security, and tourism.
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The "Minds" forum organized by the Abu Dhabi Stem Cells Center highlighted the transformative role of AI in advancing medical research and life sciences, emphasizing that AI acts as a partner enhancing human capabilities and accelerating medical discoveries.
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