British Activist Faces Terrorism Charges; Saudi Arabia Invests Heavily in Africa's Economic Future
Tommy Robinson admits to contempt of court and faces terrorism charges while Saudi Arabia invests $45 billion in Africa's economic growth and renewable energy initiatives.
In a surprising turn of events, British activist Tommy Robinson, also known as Stephen Yaxley-Lennon, admitted to contempt of court for violating a 2021 injunction against making libellous claims about a Syrian refugee, and now faces terrorism charges for failing to provide his mobile phone PIN upon leaving the UK.
Meanwhile, Saudi ACWA Power has taken significant strides in the renewable energy sector by investing $7 billion in Africa, focusing on projects in Egypt and Tunisia to bolster green hydrogen initiatives and enhance the continent's energy diversity.
Alongside this, Saudi Arabia has pledged a substantial $45 billion to Africa's economic growth, emphasizing the development of the continent's mineral resources and aiming to transform Africa into a major food exporter through strategic collaboration and new technologies.
In further economic developments, the Saudi-Emirati Economic Forum has successfully increased bilateral trade and investments to SR113 billion, showcasing the strengthening economic ties between the two nations, with a notable rise in Saudi exports to the UAE.
On the domestic front, Saudi Arabia's liquidity levels have surged to SR2.9 trillion as of August 2024, driven largely by demand deposits, highlighting a robust state of economic growth supported by data from the Saudi Central Bank.
Lastly, BRICS leaders are gathering support for urgent land restoration efforts ahead of COP16 in Riyadh, stressing the importance of tackling land degradation and desertification, challenges that threaten global stability and affect billions worldwide.
Meanwhile, Saudi ACWA Power has taken significant strides in the renewable energy sector by investing $7 billion in Africa, focusing on projects in Egypt and Tunisia to bolster green hydrogen initiatives and enhance the continent's energy diversity.
Alongside this, Saudi Arabia has pledged a substantial $45 billion to Africa's economic growth, emphasizing the development of the continent's mineral resources and aiming to transform Africa into a major food exporter through strategic collaboration and new technologies.
In further economic developments, the Saudi-Emirati Economic Forum has successfully increased bilateral trade and investments to SR113 billion, showcasing the strengthening economic ties between the two nations, with a notable rise in Saudi exports to the UAE.
On the domestic front, Saudi Arabia's liquidity levels have surged to SR2.9 trillion as of August 2024, driven largely by demand deposits, highlighting a robust state of economic growth supported by data from the Saudi Central Bank.
Lastly, BRICS leaders are gathering support for urgent land restoration efforts ahead of COP16 in Riyadh, stressing the importance of tackling land degradation and desertification, challenges that threaten global stability and affect billions worldwide.