Saudi Arabia to review VAT increase after COVID-19
Al-Qasabi added that consumer protection is a top priority for the Kingdom
The decision to triple VAT earlier this year was a “painful” one, the Kingdom’s acting media minister said
Updated 19 November 2020
Arab News
LONDON: Saudi Arabia will review its VAT increase after the coronavirus pandemic ends, the Kingdom’s acting media minister said on Thursday.
The decision to triple VAT earlier this year was a “painful” one and has undoubtedly caused concern for every individual and family, Majid Al-Qasabi said.
“This decision is like any other decision, it will be revised when this crisis is over,” the minister told a news conference.
Al-Qasabi added that consumer protection is a top priority for the Kingdom and it would not allow people to be exploited.
As such, 370,000 inspections have been carried out in 13 regions, during which more than 3,700 violations were recorded and nearly 500 tons of food items were confiscated.
ISLAMABAD: The Pakistan Cricket Board (PCB) announced on Sunday the United Arab Emirates (UAE) will serve as the neutral venue for matches between India and Pakistan during the 2025 ICC Champions Trophy scheduled in February.
The decision was finalized after discussions between PCB Chairman Mohsin Naqvi and Sheikh Al Nahyan, Chairman of the Emirates Cricket Board, currently visiting Pakistan.
The move resolves a contentious issue stemming from India’s reluctance to play in Pakistan, citing security concerns. Pakistan, the official host of the tournament, initially refused to opt for a hybrid model, allowing the tournament to proceed with matches involving India being played at a neutral venue. However, its cricket board later accepted the arrangement.
PCB spokesperson Amir Mir confirmed the ICC has been formally informed about the decision.
“The Pakistan Cricket Board has chosen the United Arab Emirates as the neutral venue,” he was quoted in a statement. “Now, India and Pakistan’s Champions Trophy matches will be held in the UAE.”
The statement said Pakistan had the authority to determine the neutral venue as tournament host, and chose the UAE after careful deliberation.
The hybrid model was also employed during the Asia Cup last year, with Pakistan co-hosting the tournament with Sri Lanka.
Unlike the Asia Cup, however, the Pakistan national team traveled to India for the ICC Cricket World Cup later in the same year. Meanwhile, the Champions Trophy preparations in Pakistan are in full swing, with venues being readied for the event.
The hybrid model for the Champions Trophy will ensure the tournament remains on track while maintaining Pakistan’s position as the host.
The aircraft, a Cessna 207, was flying from La Parota in the neighboring state of Michoacan
Updated 1 min 54 sec ago
AFP
MEXICO CITY: At least seven people died when a light aircraft crashed Sunday in a heavily forested area of Jalisco in western Mexico, local authorities reported.
The aircraft, a Cessna 207, was flying from La Parota in the neighboring state of Michoacan.
Jalisco Civil Protection said via its social media that the crash site was in an area that was difficult to access.
Initial authorities on the scene “reported a preliminary count of seven people dead,” who haven’t been identified yet, according to the agency.
“A fire was extinguished and risk mitigation was carried out to prevent possible additional damage,” it added.
Authorities said they were awaiting the arrival of forensic investigators to remove the bodies and rule out the presence of additional victims.
Former Israeli spy agents describe attack using exploding electronic devices against Hezbollah
Operation started 10 years ago using walkie-talkies laden with hidden explosives, which Hezbollah did not realize it was buying from Israel
It took two weeks to convince Hezbollah to switch to the heftier pager, in part by using false ads on YouTube promoting the devices
Updated 18 min 19 sec ago
AP
WASHINGTON: Two recently retired senior Israeli intelligence agents shared new details about a deadly clandestine operation years in the making that targeted Hezbollah militants in Lebanon and Syria using exploding pagers and walkie talkies three months ago.
Hezbollah began striking Israel almost immediately after Hamas’ Oct. 7, 2023, attack that sparked the Israel-Hamas war.
The agents spoke with CBS “60 Minutes” in a segment aired Sunday night. They wore masks and spoke with altered voices to hide their identities.
One agent said the operation started 10 years ago using walkie-talkies laden with hidden explosives, which Hezbollah didn’t realize it was buying from Israel, its enemy. The walkie-talkies were not detonated until September, a day after booby-trapped pagers were set off.
“We created a pretend world,” said the officer, who went by the name “Michael.”
Phase two of the plan, using the booby-trapped pagers, kicked in in 2022 after Israel’s Mossad intelligence agency learned Hezbollah had been buying pagers from a Taiwan-based company, the second officer said.
The pagers had to be made slightly larger to accommodate the explosives hidden inside. They were tested on dummies multiple times to find the right amount of explosive that would hurt only the Hezbollah fighter and not anyone else in close proximity.
Mossad also tested numerous ring tones to find one that sounded urgent enough to make someone pull the pager out of their pocket.
The second agent, who went by the name “Gabriel,” said it took two weeks to convince Hezbollah to switch to the heftier pager, in part by using false ads on YouTube promoting the devices as dustproof, waterproof, providing a long battery life and more.
He described the use of shell companies, including one based in Hungary, to dupe the Taiwanese firm, Gold Apollo, into unknowingly partnering with the Mossad.
Hezbollah also was unaware it was working with Israel.
Gabriel compared the ruse to a 1998 psychological film about a man who has no clue that he is living in a false world and his family and friends are actors paid to keep up the illusion.
“When they are buying from us, they have zero clue that they are buying from the Mossad,” Gabriel said. “We make like ‘Truman Show,’ everything is controlled by us behind the scene. In their experience, everything is normal. Everything was 100 percent kosher including businessman, marketing, engineers, showroom, everything.”
By September, Hezbollah militants had 5,000 pagers in their pockets.
Israel triggered the attack on Sept. 17, when pagers all over Lebanon started beeping. The devices would explode even if the person failed to push the buttons to read an incoming encrypted message.
The next day, Mossad activated the walkie-talkies, some of which exploded at funerals for some of the approximately 30 people who were killed in the pager attacks.
Gabriel said the goal was more about sending a message than actually killing Hezbollah fighters.
“If he just dead, so he’s dead. But if he’s wounded, you have to take him to the hospital, take care of him. You need to invest money and efforts,” he said. “And those people without hands and eyes are living proof, walking in Lebanon, of ‘don’t mess with us.’ They are walking proof of our superiority all around the Middle East.”
In the days after the attack, Israel’s air force hit targets across Lebanon, killing thousands. Hezbollah’s leader, Hassan Nasrallah, was assassinated when Israel dropped bombs on his bunker.
By November, the war between Israel and Hezbollah, a byproduct of the deadly attack by Hamas militants in southern Israel on Oct. 7, 2023, ended with a ceasefire. More than 45,000 Palestinians have been killed in the war in Gaza between Israel and Hamas militants, health officials have said.
The agent using the name “Michael” said that the day after the pager explosions, people in Lebanon were afraid to turn on their air conditioners out of fear that they would explode, too.
“There is real fear,” he said.
Asked if that was intentional, he said, “We want them to feel vulnerable, which they are. We can’t use the pagers again because we already did that. We’ve already moved on to the next thing. And they’ll have to keep on trying to guess what the next thing is.”
Rupert Murdoch’s News Corp. to sell Foxtel to Britain’s DAZN for $2.1 billion
News Corp. will gain a board seat and hold a 6 percent stake in DAZN
DAZN is a broadcasting partner for Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga and France’s Ligue 1
Updated 30 min 54 sec ago
Reuters
SYDNEY: News Corp. has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for $2 billion (A$3.4 billion) including debt, cutting the Murdoch-controlled media empire’s exposure to a business up-ended by streaming platforms.
News Corp. will gain a board seat and hold a 6 percent stake in DAZN, a London-headquartered global streaming platform available in North America, Europe, and Asia and backed by Ukranian-born billionaire Len Blavatnik.
DAZN is a broadcasting partner for Italy’s Serie A, Spain’s LaLiga, Germany’s Bundesliga and France’s Ligue 1. It competes against traditional TV and satellite channels and provides access to a range of sports content, including American football, boxing and baseball over its streaming platform.
“Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport,” said DAZN co-founder and CEO Shay Segev.
Foxtel, launched by News Corp. in 1995, has weighed on the media giant’s profits for years as the number of people who pay monthly subscriptions for its broadcast content switched to cheaper streaming options like Netflix.
It has tried to diversify by adding its own streaming services like Kayo, which livestreams local sports Australian Football League (AFL) and the National Rugby League (NRL), to win back sports broadcasting market share. It also shows ESPN.
However, its earnings have suffered with the cost of sports broadcasting rights soaring just as subscriber revenue has shrunk. To help offset the costs, Foxtel often shares rights with free-to-air broadcasters.
“Foxtel’s traditional premium pricing model has long been a point of contention, particularly in an era dominated by more affordable streaming alternatives,” said Paul Budde, an independent telco analyst.
“DAZN’s entry into the Australian market, potentially offering competitive or lower rates, could dramatically shift consumer expectations and reshape the pricing landscape.”
The AFL’s current seven-year deal with Foxtel-Channel Seven, which runs until 2031, is worth A$4.5 billion, while Cricket Australia will get A$1.5 billion from the same partners over the same time period.
Tennis rights, including the Australian Open Grand Slam, have been locked up until 2029 by Nine Entertainment, which has its own streaming service, Stan.
Nine is also in exclusive talks with Rugby Australia for broadcast rights beyond next year as the country prepares to host the Rugby World Cup in 2027.
NEWS CORP FOCUSES ON PUBLISHING
The valuation on Foxtel represents seven times its 2024 earnings before interest, tax, depreciation and amortization (EBITDA), News Corp. said in a statement.
As part of the deal, shareholder loans valued at A$578 million outstanding will be repaid in full and Foxtel’s current debt will be refinanced at closing.
News Corp. chief executive Robert Thomson said the deal would allow the company to focus on its core operations of Dow Jones, digital real estate and book publishing. News owns 61.4 percent of online real estate platform REA Group and is the parent company of publisher HarperCollins.
The deal is due to be finalized in the second half of 2025 and is subject to regulatory approval, News Corp. said. Given the overseas ownership of DAZN, the transaction will need to be cleared by the Foreign Investment Review Board (FIRB).
Blavatnik is a dual US and British citizen and the founder of Access Industries which has an investment portfolio worth more than $35 billion, according to its website.
FIRB did not immediately respond to a request for comment from Reuters.
Australian telecom Telstra has also sold its 35 percent stake in Foxtel to DAZN and will receive A$128 million in cash and a 3 percent stake in DAZN.
Run machine Saim Ayub shines as Pakistan sweep South Africa
Left-handed opening batsman made a sparkling 101 off 94 balls in a Pakistan total of 308 for nine
Hosts were beaten by 36 runs as match was reduced to 47 overs due to rain with adjusted target
Updated 38 min 9 sec ago
AFP
Johannesburg: Rising star Saim Ayub hit his second century of the series — and his third in five innings — as Pakistan completed a series cleansweep over South Africa in the third one-day international at the Wanderers Stadium on Sunday.
Left-handed opening batsman Ayub made a sparkling 101 off 94 balls in a Pakistan total of 308 for nine.
Heinrich Klaasen thrashed 81 off 43 balls for South Africa — but the hosts were beaten by 36 runs chasing an adjusted target of 308. The match was reduced to 47 overs a side because of rain.
Ayub, 22, hit 113 not out in the second one-day game against Zimbabwe in Bulawayo last month and 109 in the series opener against South Africa in Paarl last week.
In between his one-day appearances he made an unbeaten 98 in the second Twenty20 international against South Africa in Centurion.
Ayub was named player of the match and player of the series.
“It’s important because we won but it is for all the team, not just me,” he said. “The senior players helped me a lot.”
In contrast to Ayub’s form, his opening partner Abdullah Shafique was out for his third successive duck after Pakistan were sent in to bat.
Pakistan's Mohammad Hasnain attempts a catch off his own bowling during the third International cricket match between South Africa and Pakistan, at the Wanderers stadium in Johannesburg, South Africa, on December 22, 2024. (AP)
But Ayub was seldom troubled as he played shots all around the wicket in partnerships of 114 with Babar Azam (52) and 93 with captain Mohammad Rizwan (53).
Ayub fell to debutant Corbin Bosch, caught behind attempting an audacious flick to leg, after hitting 13 fours and two sixes.
Bosch, the son of the late Test and one-day international player Tertius Bosch, received a call-up after injuries hit South Africa’s fast bowling resources.
For the third successive match, Klaasen was the only South African to make a half-century. He kept South Africa ahead of the required run rate until he was sixth man out, caught on the square leg boundary off Shaheen Shah Afridi with the total on 194 in the 29th over.
Pakistan's captain Mohammad Rizwan, right, plays a shot as South Africa's Heinrich Klaasen watches on during the third International cricket match between South Africa and Pakistan, at the Wanderers stadium in Johannesburg, South Africa, on December 22, 2024. (AP)
Ayub followed up his century by taking one for 34 in 10 overs with his mixture of off-spin and carrom balls, claiming the key wicket of David Miller and producing the most economical figures by any bowler in the match.
Brief scores:
Pakistan 308-9 in 47 overs (Saim Ayub 101, Mohammad Rizwan 53, Babar Azam 52, Salman Agha 48; K. Rabada 3-56) v South Africa 271 in 42 overs (H. Klaasen 81, C. Bosch 40 not out)
