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☆ Middle East Crisis At Least 20 Killed in Attack While Waiting for Aid, Gaza Officials Say
▼ + stars: | 2024-03-15 | by ( The New York Times | ) www.nytimes.com time to read: +6 min

It also called for “continuing the reform process.”Much of the Palestinian public sees the Palestinian Authority as tainted by corruption, mismanagement and cooperation with Israel. As president, Mr. Abbas remains firmly in charge of the government. With no functional parliament, Mr. Abbas has long ruled by decree, and he exerts wide influence over the judiciary and prosecution system. What’s the change?” said Mr. Qudwa, a fierce opponent of Mr. Abbas, who is also known as Abu Mazen. For weeks, Mr. Abbas has signaled his desire to appoint Mr. Mustafa.

Persons: Mahmoud Abbas, Muhammad Mustafa, Abbas, Mustafa, Majdi Mohammed, “, Mohammed Shtayyeh, Mr, Benjamin Netanyahu, Biden, Adrienne Watson, Nasser, Mohammed, Muhammad, ”, Qudwa, Abu Mazen, “ Abu Mazen, Borge Brende, ” Ibrahim Dalalsha Organizations: Palestinian Authority, Palestinian, Hamas, West Bank, Israel, United, Authority, National Security Council, George Washington University, Washington , D.C, Palestine Investment Fund, ”, Gaza, Horizon Center, Political Studies, Media Locations: Gaza, Israel, Palestinian, Hamas, United States, Washington ,, Davos, Ramallah, West

☆ Little Expected of New Palestinian Prime Minister
▼ + stars: | 2024-03-15 | by ( Steven Erlanger | Adam Rasgon | ) www.nytimes.com time to read: +1 min

The appointment on Thursday of Muhammad Mustafa as the new prime minister of the Palestinian Authority was supposed to be a nod to international demands for a more technocratic and less corrupt administration. But Mr. Mustafa, 69, who was appointed by Mahmoud Abbas, the president of the authority, seems destined to fall short of producing the “revitalized Palestinian Authority” that President Biden has called for, several analysts said in interviews Thursday. A senior adviser to the president, Mr. Mustafa represents neither a break with the past nor a threat to the power wielded by Mr. Abbas, who at 88 is widely unpopular among Palestinians, particularly since the outbreak of the war in Gaza. “There won’t be any actual change,” said Nasser al-Qudwa, a former foreign minister of the Palestinian Authority who fell out with Mr. Abbas. Particularly critical, they say, will be the choices for ministers of the interior, finance and foreign affairs, all of whom are close to the authority’s president.

Persons: Muhammad Mustafa, Mustafa, Mahmoud Abbas, Biden, Mr, Abbas, ”, Nasser Organizations: Palestinian Authority, World Bank, Palestine Investment Fund Locations: Palestinian, Gaza, Palestine

☆ Middle East Crisis Palestinian Authority Leader Expected to Choose Insider as Prime Minister
▼ + stars: | 2024-03-14 | by ( Adam Rasgon | ) www.nytimes.com time to read: +6 min

President Mahmoud Abbas of the Palestinian Authority has signaled his desire to appoint Muhammad Mustafa, a close economic adviser, as prime minister. Mr. Abbas could change his mind, and a decision to appoint Mr. Mustafa will only be final if Mr. Abbas signs a decree. Much of the Palestinian public sees the Palestinian Authority as tainted by corruption, mismanagement and cooperation with Israel. In the Palestinian Authority, the prime minister is supposed to oversee the work of ministries, but Mr. Abbas often intervenes in decision-making, according to analysts. He has previously been the authority’s economy minister and deputy prime minister.

Persons: Mahmoud Abbas, Muhammad Mustafa, Abbas, Mustafa, Mr, Majdi Mohammed, Mohammed Shtayyeh, “, Benjamin Netanyahu, Biden, Nasser, Mohammed, Muhammad, ”, Qudwa, Abu Mazen, “ Abu Mazen, Borge Brende, Jehad Harb Organizations: Palestinian Authority, Palestinian, Union, European Union, Press, West Bank, United, Authority, Israel, George Washington University, Washington , D.C, Palestine Investment Fund, Gaza Locations: Gaza, Israel, Hamas, United States, Palestinian, Washington ,, Davos, Ramallah

Kylian Mbappe has told Paris Saint-Germain he will leave the club at the end of the season, a person with knowledge of the situation told The Associated Press. Mbappe, who has consistently been linked with a move to Real Madrid, will be a free agent at the end of the campaign after seven years with PSG. Mbappe has been at PSG since 2017 after signing from Monaco in a transfer worth a reported $190 million. Mbappe will be the latest superstar player to leave the French club in recent times following the departures of Lionel Messi and Neymar last year. Mbappe won five French league titles with PSG, but has so far failed to lead it to success in the Champions League.

Persons: Kylian Mbappe, Germain, Mbappe hasn’t, PSG President Nasser Al, Khelaifi, Mbappe, Lionel Messi, Neymar Organizations: Paris Saint, Associated Press, PSG President, PSG, France, Monaco, Real, Champions League, ___ Locations: Real Madrid, Madrid, Mbappe

☆ UK and U.S. sanction senior Houthis over Red Sea shipping attacks
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: +1 min

Major General Muhammad Nasser al-Atifi, defence minister of the administration of Yemen's Houthi rebels in control of the capital Sanaa, attends an official parade commemorating the eighth anniversary of the Houthi takeover of Sanaa on September 20, 2022. Britain and the United States on Thursday said they had sanctioned four senior Houthi officials for their roles in supporting or directing attacks on commercial shipping in the Red Sea. The Houthi attacks have disrupted global shipping and stoked fears of global inflation. They have also deepened concern that fallout from the Israel-Hamas war could destabilize the Middle East. Those sanctioned were Houthi Defense Minister Mohamed Nasser al-Atifi, Commander of Houthi Naval Forces Muhammad Fadl Abd Al-Nabi, coastal defense forces chief Muhammad Ali al-Qadiri and Muhammed Ahmad al-Talibi, who the two governments described as the Houthi forces director of procurement.

Persons: General Muhammad Nasser al, Yemen's, Mohamed Nasser al, Muhammad Fadl Abd Al, Muhammad Ali al, Muhammed Ahmad al Organizations: Houthi, Houthi Naval Locations: Sanaa, Britain, United States, Red, Israel, Nabi

The fund is called Gulf Asia Trade & Investment, the sources said. The Adani Group did not comment on the SEBI probe and its possible ties with the fund when contacted by Reuters. EZY had been incorporated in the British territory in 2006, while Gulf Asia was incorporated there in May 2011. In April 2014, Gulf Asia held $51.4 million worth of shares in Adani Enterprises and Adani Power (ADAN.NS). In March 2017, that had increased to $202 million in four group companies - Adani Enterprises, Adani Power, Adani Transmission and Adani Ports (APSE.NS), according to the OCCRP data.

Persons: Francis Mascarenhas, Nasser Ali Shaban, OCCRP, Hindenburg, Ahli, Gautam Adani, EZY, SEBI, Jayshree, Krishn Kaushik, Sumeet Chatterjee, Edwina Gibbs, Louise Heavens Organizations: Securities and Exchange Board of India, REUTERS, Adani, Gulf Asia Trade & Investment, Dubai, Reuters, Securities and Exchange, India's, Hindenburg, Adani Enterprises, Al, Trade, United Arab, British Virgin Islands, Gulf, EZY Global, EZY, Thomson Locations: Mumbai, India, British Virgin, Nasser Ali Shaban Ahli, Gulf, Gulf Asia, United Arab Emirates, British, Asia

☆ Queen Camilla, Brigitte Macron play table tennis amid state visit
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +4 min

There were light moments too, with Queen Camilla and President Emmanuel Macron's wife, Brigitte, trying their hand at table tennis as French youngsters looked on. Here's the latest:* Camilla also tried her hand at weaving at French luxury house Chanel's 19M workshop, with Brigitte Macron and Chanel CEO Leena Nair watching. * Queen Camilla and French President Emmanuel Macron's wife Brigitte played table tennis together at a sports centre outside of Paris - not that successfully. The royal couple and Brigitte Macron chatted with youngsters at the Saint-Denis sports centre. [1/9]Britain's Queen Camilla plays table tennis next to Britain's King Charles, Brigitte Macron, wife of French President Emmanuel Macron as they meet local youth sports associations in Saint-Denis near Paris, on the second day of their State visit to France, September 21, 2023.

Persons: King Charles, Queen Camilla, Emmanuel Macron's, Brigitte, Camilla, Brigitte Macron, Leena Nair, Charles, Germain, King Charles III ., Nasser Al, Khelaifi, Denis, Brigitte Macron chatted, Britain's King Charles, Emmanuel Macron, REUTER, Hannah McKay, Queen Elizabeth, France's, Macron, Dominique Vidalon, Ingrid Melander, Elizabeth Pineau, Michel Rose, Johnny Cotton, Michael Holden, Blandine, Sharon Singleton Organizations: French, Paris Saint, King Charles III . Club, Saint, Entente, Notre, Dame, Thomson Locations: Britain, France, Saint, Paris, British, Ukraine, entente, United Kingdom, Versailles

☆ Kylian Mbappé and Real Madrid: Soccer’s never-ending transfer saga
▼ + stars: | 2023-09-17 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +12 min

This, of course, is Kylian Mbappé’s much discussed, potential move from Paris Saint-Germain (PSG) to Real Madrid. The first time Real Madrid came calling for the boy from Bondy was when the forward was just 13 years old. Zinedine Zidane watches on as Mbappé plays against his Real Madrid team in 2019. I mean, that tells you the story through that.”Jude Bellingham (C) and Vinícius Júnior (R) are leading the next generation of Real Madrid stars. “The biggest failure for me would be that Real Madrid didn’t have a plan B if the Mbappé signing didn’t happen,” he adds.

Persons: Germain, Mbappé, Zinedine Zidane, ” Mbappé, ‘ Zidane, ’ ”, Anthony Dibon, Blancos, Emmanuel Macron, Macron, France’s, “, ”, ” France's, Francois Mori, Lindsay Sarah Krasnoff, it’s, Krasnoff, Bleus, –, de Cordée, Anne, Christine Poujoulat, ” Nabil Larbi, Billie Jean King’s, undesirables ’, PSG President Nasser Al, Kirill Kudryavtsev, David Beckham, Ronaldo Nazário, Zidane, Cristiano Ronaldo, Kaká, Florentino Pérez, Álvaro Romeo, Vinícius Jr, Jude Bellingham –, Dani Carvajal, I’m, ” Carvajal, ” Romeo, Romeo, he’s, ” Jude Bellingham, Vinícius, Jorge Guerrero, Merengues, Real, they’ve, Karim Benzema, Joselu Organizations: CNN, Paris Saint, PSG, AS Monaco, Real Madrid, Real, Players ’ Tribune, French national, League, The New York Times, Getty, CNN Sport, peerless, Fifth, Stade de France, Stade France, French, PSG President, City, Spain Real Madrid, Madrid Locations: Paris, Real Madrid, Madrid, Bondy, Spain, France, Fifth Republic, Republic, AFP, Greater Paris, Mbappé, Cameroon, Algeria, Bondy’s, Japan, City of, Spanish, Real, Saudi Arabian, Ittihad

☆ Neymar makes debut as Al-Hilal hand Al-Riyadh 6-1 thrashing
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

Sept 16 (Reuters) - Brazil's all-time leading goal scorer Neymar made his Saudi Pro League debut for Al-Hilal on Friday, coming off the bench to feature for the final 26 minutes of his new club's 6-1 demolition of Al-Riyadh. Aleksandar Mitrovic had put Al-Hilal in front with a 30th minute penalty before goals from Yassir Al-Shahrani and Nasser Al-Dawsari gave the league leaders a comfortable advantage. Neymar, who surpassed Pele's record as Brazil's leading scorer when he netted twice in last Friday's 5-1 win over Bolivia, had not played for Al-Hilal since moving to Saudi Arabia due to an ankle injury. Fans jeered as Al-Hilal captain Salem Al-Dawsari opted to take an 87th minute penalty as Neymar watched on, the Saudi Arabia winger converting before adding his side's sixth goal in injury time. ($1 = 0.9385 euros)Reporting by Michael Church, Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Neymar, Germain, Michael, Malcom, Aleksandar Mitrovic, Shahrani, Nasser Al, Dawsari, Salem, Michael Church, Kim Coghill Organizations: Saudi Pro League, Al, Paris Saint, Yassir, Salem Al, Thomson Locations: Hilal, Al, Riyadh, Paris, Bolivia, Saudi Arabia

☆ Saudi Arabia soccer spending ranks second in the world as it bids to become global powerhouse
▼ + stars: | 2023-09-08 | by ( Matthew Ward-Perkins | ) www.cnbc.com time to read: +4 min

watch nowThe Saudi Arabian soccer transfer window has slammed shut, marking the end of a historic summer of spending from clubs based in the Gulf state. Saudi clubs outspent four of the "big five" soccer leagues, the first time another league has outspent any members of the dominant European grouping since 2016. However, human rights groups and activists have criticized the high levels of soccer investment from Saudi Arabia and other countries in the Middle East, with accusations of "sportswashing" leveled at the country. The European Club Association, which represents 220 soccer clubs from across Europe, discussed the impact of Saudi Arabia's investment in the sport at its General Assembly this month. "We believe in ourselves … we have the best competition in the world, the biggest clubs in the world, the best players in the world.

Persons: Mohamed Salah, Hilal, spender, CNBC's David Faber, Yasir Al, Rumayyan, Glazer, Nasser Al, Khelaifi, Karim Benzema Organizations: Saudi Arabia's Pro League, English Premier League, Liverpool, country's Public Investment Fund, Chelsea FC outspent, Public Investment, Manchester United Saudi, Manchester United, Saudi, European Club Association, Assembly, Champions League, Afp, Getty Locations: Saudi, Gulf, Al, Ittihad, Ahli, Hilal, Saudi Arabia, Europe

☆ Adani fault lines raise bar for India’s regulator
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +2 min

Indian billionaire Gautam Adani speaks during an inauguration ceremony after the Adani Group completed the purchase of Haifa Port earlier in January 2023, in Haifa port, Israel January 31, 2023. It was a hunt an Indian panel probing allegations of stock manipulation warned might be "a journey without a destination". Adani on Thursday rejected OCCRP’s claims, saying they are based on decade-old closed cases. Shares of Adani Total Gas (ADAG.NS), a joint venture with France’s Total, and Adani Power (ADAN.NS) and Adani Enterprises (ADEL.NS) fell 2.5%, 3.5% and 3% respectively. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Gautam Adani, Amir Cohen, Gautam, Hindenburg, Madhabi Puri, she’s, Nasser Ali Shaban Ahli, Taiwan’s Chang Chung, Ling, Vinod Adani, Gautam Adani’s, Adani, OCCRP’s, Mukesh Ambani’s, Didi, Antony Currie, Thomas Shum Organizations: Adani Group, Haifa Port, REUTERS, Rights, Reuters, India’s Securities, Exchange Board of India, United Arab Emirates, France’s, Adani Enterprises, X, Thomson Locations: Haifa, Israel, Madhabi Puri Buch, Una

☆ Adani shares slide after report alleges 'opaque' offshore investment funds
▼ + stars: | 2023-08-31 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

Chairperson of Indian conglomerate Adani Group, Gautam Adani, speaking at the World Congress of Accountants in Mumbai on November 19, 2022. Shares of Adani Enterprises , as well as its subsidiaries, fell on Thursday following new allegations published by global investigative journalism network the Organized Crime and Corruption Reporting Project (OCCRP). Adani Enterprises fell 3%, while Adani Green Energy led losses among the group's subsidiaries, falling 3.3%. The OCCRP alleged in a report published Thursday that hundreds of millions of dollars were secretly invested into publicly traded stocks of the Adani Group via "opaque" funds based in Mauritius. The report claimed that, at one point in time, the value of both men's investment in Adani was worth $430 million.

Persons: Gautam Adani, Nasser Ali Shaban Ahli, Chang Chung, Ling Organizations: Adani, World, Accountants, Adani Enterprises, Energy, CNBC Locations: Mumbai, Mauritius, Adani

CNN —A Saudi court has sentenced a retired teacher to death over his comments online, say his brother and advocacy group Human Rights Watch. Muhammad al-Ghamdi, a 54-year-old retired Saudi teacher, was sentenced “following 5 tweets criticizing corruption and human rights violations,” his brother Saeed bin Nasser al-Ghamdi tweeted last week. According to the European Saudi Organization for Human Rights, Saudi Arabia has executed at least 92 people this year so far. In 2022, UK-based human rights organization ALQST cataloged 148 executions in Saudi Arabia – more than twice the number of executions it recorded in 2021. “The Saudi authorities asked me several times to return to Saudi Arabia, but I refused to do so.

Persons: Muhammad al, “, Saeed bin Nasser, Ghamdi, ” Joey Shea, Lina Alhathloul, Loujain, ”, Saeed Organizations: CNN, Saudi, Human Rights Watch, ‘, Human Rights, European Saudi Organization for Human Rights, Saudi Arabia’s Ministry of Justice, Ministry of Interior Locations: Saudi, Saudi Arabia, United Kingdom

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. Citing review of files from multiple tax havens and internal Adani Group emails, nonprofit media organization OCCRP said its investigation found at least two cases where the investors bought and sold Adani stock through such offshore structures. Adani Group has called Hindenburg's claims misleading and without evidence and said it always complied with laws. The panel in May said the regulator had so far "drawn a blank" in investigations into suspected violations in overseas investments in the Adani group. In an interview with a reporter from the Guardian, OCCRP said Chang said he knew nothing about any secret purchases of Adani stock.

Persons: Amit Dave, OCCRP, Adani, Hindenburg, HINDENBURG, Gautam, India's, Nasser Ali Shaban Ahli, Chang Chung, Chang, Aditya Kalra, Krishn Kaushik, Lisa Shumaker Organizations: Adani, REUTERS, Adani Enterprises, NEW, Hindenburg Research, Reuters, Guardian, Thomson Locations: Ahmedabad, India, NEW DELHI, Mauritius, Ahli

The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. Citing review of files from multiple tax havens and internal Adani Group emails, nonprofit media organization OCCRP said its investigation found at least two cases where the investors bought and sold Adani stock through such offshore structures. Adani Group has called Hindenburg's claims misleading and without evidence and said it always complied with laws. Adani Group did not immediately respond to a Reuters request for comment on the OCCRP report. In an interview with a reporter from the Guardian, OCCRP said Chang said he knew nothing about any secret purchases of Adani stock.

Persons: Amit Dave, OCCRP, Adani, Hindenburg, Gautam, India's, Nasser Ali Shaban Ahli, Chang Chung, Ling, Chang, Aditya Kalra, Krishn Kaushik, Lisa Shumaker Organizations: Adani, REUTERS, DELHI, Hindenburg Research, Reuters, HINDENBURG, Securities, Exchange Board of India, Guardian, Thomson Locations: Ahmedabad, India, Mauritius, Ahli

☆ Neymar joins Saudi club Al-Hilal from PSG in two-year deal
▼ + stars: | 2023-08-15 | by ( ) www.reuters.com time to read: +4 min

Saudi Professional League (SPL) club Al-Hilal announced that Neymar had signed a contract until 2025, with the Brazilian saying, "I am here in Saudi Arabia, I am Hilali" in a video on the team's social media accounts. "I love winning and scoring goals, and I plan to continue doing that in Saudi Arabia and with Al-Hilal." He scored 118 goals in 173 appearances for the Paris club and won numerous trophies, including five Ligue 1 titles. Neymar won the Champions League with Barcelona in 2015 but had to settle for a runners-up medal in the 2020 final, which PSG lost to Bayern Munich. SAUDI TRANSFERSThe most successful club in Saudi Arabia and Asia, Al-Hilal have won 66 trophies and hold the record for number of league and Asian Champions League titles with 18 and four respectively.

Persons: Al Hilal's, Neymar, Fahd bin Saad Al, Al, Nasser Al, Khelaifi, Germain, We've, Pele, Hilal, Cristiano Ronaldo, Nassr, Ittihad, Karim Benzema, Riyad Mahrez, Edouard Mendy, Roberto Firmino, Kylian Mbappe, Lionel Messi, Angelica Medina, Aadi Nair, Anita Kobylinska, Ken Ferris Organizations: Soccer, Al, Saudi Pro League, REUTERS Acquire, Saudi, Paris St Germain, Champions League, L'Equipe, Saudi Professional League, PSG, Paris, Ligue, Barcelona, Bayern Munich, Paris Saint, Confederations, SAUDI, Asian Champions League, Saudi Public Investment Fund, Qatar, French, Real Madrid, UEFA Champions, France, Argentine, Major League Soccer's Inter Miami, Thomson Locations: Al Hilal, Paris, France, Hilal, Brazil, Saudi Arabia, Europe, Al, Barcelona, Asia, Riyadh, Ittihad, Ahli, Portugal, Real

☆ Kylian Mbappé reinstated into PSG’s first-team squad after ‘positive talks’ with the club
▼ + stars: | 2023-08-13 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Kylian Mbappé has been reinstated into the Paris Saint-Germain first-team after being frozen out of the squad during its preseason tour of Japan, amid his ongoing transfer saga. The 24-year-old has been training separately from the first team while his standoff with the club rumbles on. “Following very constructive, positive talks between PSG and Kylian Mbappé before the game vs Lorient, the player has been reinstated into the first team training squad this morning,” PSG said in a statement on Sunday. Mbappé watched PSG's league opener against Lorient from the stands on Saturday. It’s not yet clear whether Mbappé will sign a new deal at the club.

Persons: Kylian Mbappé, Germain, Frenchman, ”, Mbappé, Nasser Al, Khelaifi, Christophe Saidi, Al Hilal, It’s Organizations: CNN, Paris Saint, Lorient, PSG, ” PSG, Saudi, Real Madrid Locations: Paris, Japan, Saudi Arabian, Al

☆ PSG coach Enrique hoping for solution to Mbappe dispute
▼ + stars: | 2023-08-11 | by ( ) www.reuters.com time to read: +2 min

Aug 11 (Reuters) - Manager Luis Enrique said on Friday he hopes Paris Saint-Germain can find a solution to a dispute with Kylian Mbappe, noting the Ligue 1 club have prior experience in resolving contract issues with the French star. This is not the first time PSG and Mbappe have been involved in a contract standoff. Asked about Mbappe ahead of Saturday's season-opening home match against Lorient, Enrique told reporters: "It's a subject we've come across before and a solution was found between the club and the player. "He's not a PSG player yet, he won't be here tomorrow. Not 100%, but 99% he's a PSG player," Enrique said.

Persons: Luis Enrique, Germain, Kylian Mbappe, Nasser Al, Khelaifi, Mbappe, Enrique, Neymar, Marco Verratti, Ousmane Dembele, Aadi Nair Organizations: Paris Saint, Ligue, Mbappe, PSG, Real Madrid, Lorient, Parc des Princes, Champions League, Thomson Locations: Paris, Parc des, Barcelona, Bengaluru

Those deals, though, pale into comparison with its most ambitious target yet: Kylian Mbappé. Over the weekend, one of the Saudi Professional League’s more prominent teams, Al Hilal, submitted an offer worth $332 million for the France striker to his current team, Paris St.-Germain. Should the deal go through, it would make Mbappé the most expensive player in the sport’s history by some distance, dwarfing the $263 million P.S.G. On Tuesday, it was reported by some news outlets that P.S.G. for a team in what was most recently ranked as soccer’s 58th strongest domestic league.

Persons: Cristiano Ronaldo, Karim Benzema, Al Hilal, Germain, ’, Nasser Al, Al Hilal’s, Fayza Lamari, Mbappé, Ronaldo, Lionel Messi Organizations: Saudi, France, Mbappé Locations: Saudi, Paris St

☆ Kylian Mbappé: Saudi Arabian club submits world record bid superstar
▼ + stars: | 2023-07-24 | by ( Ben Church | ) edition.cnn.com time to read: +4 min

CNN —Saudi Arabian soccer club Al Hilal has submitted a world-record bid of over $332 million (300 million euros) for Paris Saint Germain (PSG) striker Kylian Mbappé, according to multiple reports on Monday. CNN has reached out to PSG, Al Hilal and Mbappé’s representatives for comment. The current world record fee is $262 million (€222 million) when Neymar moved from Barcelona to PSG in 2017. Al Hilal reached both the FIFA Club World Cup and the AFC Champions League finals last season. Last month, the Saudi Public Investment Fund (PIF) announced that Al Hilal was one of four Saudi clubs that have been transformed into companies, each of which is owned by PIF and non-profit foundations for each club.

Persons: Al Hilal, Kylian Mbappé, Neymar, Mbappé, Nasser Al, Khelaifi, Luis Enrique, “, ” Al, doesn’t Organizations: CNN, Al, Paris Saint Germain, PSG, Saudi, FIFA Club, AFC Champions League, Saudi Public Investment Fund, Sovereign Wealth Fund, French Locations: Saudi Arabian, Japan, Al Hilal, Barcelona, Paris, French, Saudi Arabia, Spanish, Real Madrid

☆ Mbappe excluded from PSG's Asian tour squad
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +1 min

July 21 (Reuters) - Kylian Mbappe has not been included in Paris St Germain's squad for their Asian pre-season tour amid reports that he has been put up for sale by the Ligue 1 side. PSG President Nasser Al-Khelaifi has said they will not let him go for free after the club spent 180 million euros ($200 million) to sign him. Mbappe was injured for the first leg and said they were "helpless" in the second. PSG will also face Japan league's Cerezo Osaka and Serie A side Inter Milan before travelling to South Korea to take on Jeonbuk Motors. ($1 = 0.8990 euros)Reporting by Janina Nuno Rios in Mexico CityOur Standards: The Thomson Reuters Trust Principles.

Persons: Mbappe, Nasser Al, Khelaifi, Luis Enrique's, Cristiano Ronaldo's Al Nassr, Japan league's, Janina Nuno Rios Organizations: Paris St, Ligue, Mbappe, PSG, Real Madrid, Reuters, Champions League, Bayern Munich, Japan, Osaka, Serie A, Inter Milan, Jeonbuk Motors, Thomson Locations: Paris, Japan, South Korea, Mexico City

☆ Kylian Mbappé: New PSG coach Luis Enrique swerves question on French star’s future
▼ + stars: | 2023-07-05 | by ( Ben Morse | ) edition.cnn.com time to read: +5 min

CNN —New Paris Saint-Germain head coach Luis Enrique swerved multiple questions about the future of the club’s star attacker Kylian Mbappé during his official unveiling on Wednesday. This is a French club, and as he has said, he is not planning to leave for free. It is very clear.”The future of Mbappé will be one of the biggest question marks hanging over Enrique’s beginning as PSG manager after joining on Wednesday. However, despite the star-studded nature of the squad, PSG once again suffered a humiliating from the Champions League in the knockout stages, losing to Bayern Munich. CNN reached out to Galtier’s representation and PSG for comment at the time but did not receive a response.

Persons: Germain, Luis Enrique swerved, Kylian Mbappé, Enrique, Mbappé, “, … He’s, Nasser Al, Khelaifi, Luis, Campos, Gonzalo Fuentes, Christophe Galtier, Galtier, John Valovic, ”, Olivier Martin Organizations: CNN, New, New Paris Saint, Spanish national, PSG, ” PSG, League, UEFA Nations League, Roma, Celta Vigo, Real Madrid, Spain national, La Roja, French League, Ligue, Champions League, Bayern Munich Locations: New Paris, Barcelona, Paris, French, Spain, Italian, Barça, Nice, France, Galtier

☆ P.S.G. Says Mbappé Must Sign a New Deal or Leave the Club
▼ + stars: | 2023-07-05 | by ( Tariq Panja | More About Tariq Panja | ) www.nytimes.com time to read: +1 min

It was at the unveiling of yet another new coach that Paris St.-Germain’s president made his first public statement on the future of his team’s best player. Kylian Mbappé, the marquee player for P.S.G. Such a scenario would leave the club in the unenviable situation of losing, without compensation, a player in whom it has invested more than $500 million in transfer fees, bonuses and wages. “We do not want him to leave for free in 2024,” al-Khelaifi said. But he needs to sign a new contract.

Persons: Kylian Mbappé, Nasser al, Khelaifi, Luis Enrique, Mbappé, ”, Kylian Organizations: Paris Locations: France

At the same time, the property price surge and demand for the ultra-high-end segment is stirring memories of old excesses. In 2008, the global financial crisis hit Dubai hard, leading to a flight of capital and people, a crash in property prices and highly leveraged flagship companies known as government-related entities (GREs) struggling to repay debts. Dubai set up a Debt Management Office in 2022, has repaid or restructured some outstanding debt, and announced plans to list government stakes in 10 companies to raise capital and deepen financial markets. 'GLOBAL SAFE HAVEN'The United Arab Emirates' commercial centre, Dubai has shovelled resources into social and business reforms and sectors like digital technology. Average property prices rose 12.8% in Q1, with villa prices up almost 15%, according to property research firm CBRE.

Persons: Knight Frank, Nasser Al Shaikh, GREs, Shaikh, Justin Alexander, Betterhomes, Richard Waind, Philippe Zuber, Beyonce, Rachna Uppal, Yousef Saba, Lisa Barrington, William Maclean Organizations: Reuters, Khalij, GlobalSource Partners, Dubai Media Office, Management, HAVEN, United Arab Emirates, Villa, Dubai Inc, Emirates, Kerzner, Thomson Locations: Ukraine, DUBAI, Dubai, glitzy, Property, Jebel Ali, Abu Dhabi, Gulf, India, Saudi Arabia, UAE

☆ Middle Eastern investors are pouring money into US media, sports, and entertainment — here are the 9 most active players and their key leaders
▼ + stars: | 2023-06-05 | by ( Lucia Moses | Claire Atkinson | ) www.businessinsider.com time to read: +10 min

Investors in Saudi Arabia, Qatar, and United Arab Emirates are pouring money into Western media and entertainment. Sovereign funds and other entities in Saudi Arabia, Qatar, and the UAE are pouring millions into US media and entertainment, and they're finding plenty of takers. The channels for money from Saudi Arabia and other parts of the Middle East are complex. Insider broke down the key entities — their owners, leaders, and high-profile investments and joint ventures — in the top three Middle Eastern nations pouring money into US entertainment and media. It describes itself as the largest media company in the Middle East and North Africa and runs one of the largest TV news channels, Al Arabiya.

Persons: Jamal Khashoggi's, Saudi Crown Prince Mohammed bin Salman, —, WME, Jimmy Finkelstein's, Abu Dhabi's, It's, Yasir Al, Rumayyan, Waleed bin Ibrahim Al Ibrahim, Sam Barnett, Peter Smith —, Christina Wayne, SRMG, Mohammed bin Salman, Alrashid, Johnny Depp, Jeanne du Barry, Sharon Stone, Bruno Mars, Luca Guadanigno, Vince McMahon's, Turki Al, Mohammed bin Abdulrahman bin Dayel, Mansoor bin Ebrahim Al, Mahmoud, Peter Chernin, Nasser Al, Germain, BeIN, Sheikha Al Mayassa bint Hamad, Khalifa Al, Vincent, Asghar Farhadi's Oscar, Nart Bouran, JAF, Jeff Zucker, Graydon Carter's, it's, Semafor, Sheikh Mansour bin Zayed Al Nahyan, Sheikh Mansour, Sultan Ahmed Al Jaber Organizations: United, Sovereign, Saudi, Washington Post, Saudi Crown, Endeavor, UFC, IMI, Abu Dhabi Media Investment Corporation, Public Investment Fund, Saudi Aramco, Newcastle United, English football, PGA, MBC, Shahid, Netflix, Vice Media, Variety, MBC Group's, Antenna Group, Cineflex Studios, NBCUniversal International, Amazon, AMC, Saudi Research, Media, Publicly, Red Sea, Cannes, Penske Media Corporation, Bloomberg Media, Vince McMahon's WWE, country's General Entertainment Authority, Development, Cultural Development Fund, George Washington University, American University . Qatar Qatar Investment, Qatar Investment Authority, Providence, BeIN Media, Paris Saint, Miramax, Paramount, Doha Film, Doha Film Institute, H.E, Hollywood Reporter, United Arab Emirates Abu, Investment Authority, UAE, Abu, Abu Dhabi Investment Authority, Hollywood, Dubai Studio, Dubai Media City, National Geographic, BBC News, International Media Investments International Media Investments, National, CNN, Sky News Arabia, Reuters, JAF Communications, Grid, RedBird Capital Partners, Punchbowl News, New York Times, Manchester City, The, Abu Dhabi National Oil Company Locations: Saudi Arabia, Qatar, United Arab Emirates, UAE, Saudi, East, North Africa, Al Arabiya, Netherlands, Greece, Dubai, Jeddah, SRMG, Riyadh, Doha, Europe, Americas, ViacomCBS, Qatari, Thani, Abu Dhabi

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