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Saudi Arabia signs deal for five warships with Spain’s Navantia

RIYADH: Saudi Arabia's state-owned defence company has forged a deal with Spanish shipbuilder Navantia for a joint venture to build five warships, state media said Thursday. The agreement with Saudi Arabian Military Industries (SAMI) for the design and construction of five Avante 2200 corvettes warships will start this autumn, with the last unit to be delivered by 2022, the official Saudi Press Agency reported. The agreement appears part of a framework agreed in April during Crown Prince Mohammed bin Salman's visit to…

Azhar Ali signs for Somerset

Pakistan batsman Azhar Ali has joined Somerset for the remainder of their first-class English County Championship fixtures this season, the southwest club said Monday. The 33-year-old replaces Australia opener Matt Renshaw, who made three hundreds at 51.30 in the opening rounds of the Championship before breaking a finger against Surrey at Guildford last month. Azhar is set to make his Somerset debut against Worcestershire later this month. “The standard of first-class cricket in England is very high and I hope that I can…

Veteran Italian goalkeeper Buffon signs with PSG

PARIS: French football champions Paris Saint-Germain (PSG) on Friday announced that the signing of Italian veteran goalkeeper Gianluigi Buffon on a one-year contract, with one additional year as an option for the former Juventus captain. “It is with a great feeling of happiness that I join Paris Saint-Germain,” reacted Buffon following the signature of his contract, reports Xinhua news agency. Buffon, 40, joined PSG from Serie A champions Juventus where his contract expired on June 30, 2018. He was elected best…

Salah signs new long-term Liverpool deal

Mohamed Salah has signed a new long-term contract with Liverpool, the Premier League club have confirmed. According to multiple reports, the deal runs until 2023 and contains no release clause. Despite only joining from Roma just over a year ago, Liverpool has rewarded Salah following a sensational debut season on Merseyside that saw him finish with 44 goals in 52 appearances. The Egypt international secured the Premier League Golden Boot, finding the net 32 times to finish ahead of Tottenham's Harry Kane with a new…

Virat Kohli signs one-month deal to play for Surrey

India cricket captain Virat Kohli has signed a one month deal to represent Surrey in June, the English county championship side announced on Thursday. Kohli’s participation in county cricket means he will be unavailable for India as they take on Afghanistan in a test match in June in Bengaluru. "It has long been an ambition of mine to play county cricket and I am thankful to Alec Stewart and Surrey for allowing me the opportunity to join them during their 2018 season. I can't wait to get to the Kia Oval," Kohli told…

PASDEC signs MoU with Balochistan for uplift of marble, granite mining

ISLAMABAD: Pakistan Stone Development Company (PASDEC) has signed a Memorandum of Understanding (MoU) with the government of Balochistan for the overall development of marble and granite mining and processing sector of the province. On behalf of PASDEC, Chief Executive Officer (CEO) Zahid Maqsood Sheikh signed the MoU while Secretary Industries and Commerce Aziz Ahmed Tarar signed the MoU on behalf of the government of Balochistan. The MoU entails collaboration for the development of marble and granite sector of…

Isolated Qatar signs agreements with Oman

DOHA: Qatar signed a memorandum of understanding with Oman on the development of bilateral investment and trade Sunday, nearly eight months into a crisis between the emirate and its Arab neighbours. The Omani news agency ONA said the agreement signed in Muscat covers a wide range of cooperation sectors including the production and export of food products from the sultanate to them. Omani Agriculture Minister Fuad al-Sajwani, quoted by ONA, said the memorandum reflected the "solid relationship" between the two…

Trump signs bill renewing NSA’s internet surveillance program

WASHINGTON: US President Donald Trump on Friday said he signed into law a bill renewing the National Security Agency’s warrantless internet surveillance program, sealing a defeat for digital privacy advocates. “Just signed 702 Bill to reauthorize foreign intelligence collection,” Trump wrote on Twitter, referring to legislation passed by the U.S. Congress that extends Section 702 of the Foreign Intelligence Surveillance Act (FISA). The law renews for six years and with minimal changes the National Security Agency (NSA)…

Qatar signs $8-bn deal to buy 24 Typhoon fighters from UK

DOHA: Qatar signed a multi-billion-dollar deal Sunday to buy 24 Typhoon fighters from Britain, its second major defence agreement this week, which comes during the worst political crisis in the region for years. The $8-billion (6.8-billion-euro) deal was signed in Doha by Qatar's Defence Minister Khalid bin Mohammed al-Attiyah and his British counterpart, Gavin Williamson. Williamson said it was the biggest order for Typhoons in a decade, and it follows a billion-dollar deal signed by Qatar on December 7 to buy 12…

Saudi Aramco signs energy deals worth nearly $4.5 bln

RIYADH: Saudi Aramco has signed agreements worth nearly $4.5 billion with multinational oil and gas contractors, in what the company dubbed as an effort to diversify the economy. The deals were signed with companies including Spain's Tecnicas Reunidas, Italy's Saipem, China Petroleum Pipeline and Abu Dhabi's National Petroleum Construction. The investments "reflect our concerted effort... to diversify our economy, promote local manufacturing, support a sustainable environment and strengthen our business and investment…