Latest news with #Sochi
Zawya
3 days ago
- Business
- Zawya
Saudi SALIC eyes investment opportunities in Russia
Saudi Arabia's agricultural and livestock investment firm SALIC is studying investment opportunities in Russia but sees more value in helping to market Russian wheat globally, the company's CEO Sulaiman Al-Rumaih said on Friday. "We are in serious discussions about certain prospects. For us it is the question of time," Al-Rumaih told a grain conference in the city of Sochi in southern Russia. Al-Rumaih stressed that Russian supplies account for about 50% of Saudi Arabia's total wheat imports, which showed that Russian firms were very competitive and could, with help from SALIC, boost exports to more Middle Eastern and African markets. "I think we will be more beneficial (for Russia) as conduits of Russian grain to the global market," he said. (Reporting by Olga Popova, writing by Gleb Bryanski; editing by David Evans)
Asharq Al-Awsat
3 days ago
- Business
- Asharq Al-Awsat
Saudi SALIC Eyes Investment Opportunities in Russia
Saudi Arabia's agricultural and livestock investment firm SALIC is studying investment opportunities in Russia but sees more value in helping to market Russian wheat globally, the company's CEO Sulaiman Al-Rumaih said on Friday. "We are in serious discussions about certain prospects. For us it is the question of time," Al-Rumaih told a grain conference in the city of Sochi in southern Russia, Reuters reported. Al-Rumaih stressed that Russian supplies account for about 50% of Saudi Arabia's total wheat imports, which showed that Russian firms were very competitive and could, with help from SALIC, boost exports to more Middle Eastern and African markets. "I think we will be more beneficial (for Russia) as conduits of Russian grain to the global market," he said.
Reuters
3 days ago
- Business
- Reuters
Saudi SALIC eyes investment opportunities in Russia
MOSCOW, May 30 (Reuters) - Saudi Arabia's agricultural and livestock investment firm SALIC is studying investment opportunities in Russia but sees more value in helping to market Russian wheat globally, the company's CEO Sulaiman Al-Rumaih said on Friday. "We are in serious discussions about certain prospects. For us it is the question of time," Al-Rumaih told a grain conference in the city of Sochi in southern Russia. Al-Rumaih stressed that Russian supplies account for about 50% of Saudi Arabia's total wheat imports, which showed that Russian firms were very competitive and could, with help from SALIC, boost exports to more Middle Eastern and African markets. "I think we will be more beneficial (for Russia) as conduits of Russian grain to the global market," he said.
National Post
22-05-2025
- Sport
- National Post
Vancouver Olympics medals set to change hands 15 years later
More than 15 years since the Winter Olympics in Vancouver, medals are set to change hands. Article content Article content One of the longest-running doping disputes in sports history seemed to have finally reached a conclusion on Wednesday when Switzerland's top court rejected appeals by Russia's Evgeny Ustyugov in cases affecting biathlon medals from the 2010 Olympics in Vancouver and the 2014 Games in Sochi, Russia. Article content The Biathlon Integrity Unit, the sport's anti-doping body, said the Swiss Federal Tribunal turned down Ustyugov's appeals in doping cases, upholding a ruling last year from the Court of Arbitration for Sport. CAS confirmed both federal appeals were dismissed. Article content 'While we regret the time it has taken to reach this point, the ruling reinforces the principle that doping violations will be identified and sanctioned, however complex the process may be,' BIU head Greg McKenna said in a statement. Article content It's now up to the International Olympic Committee to formally reallocate Ustyugov's medals — a gold and a bronze from 2010 and a relay gold from 2014 — to other athletes. Article content Among those in line to benefit is France's Martin Fourcade. He's one of biathlon's all-time greats and an IOC member since 2022, and crossed the line second to Ustyugov in the 15-kilometer mass start event in 2010. Article content The cases facing Ustyugov were based on data from the Moscow anti-doping lab at the center of a cover-up scandal and on 'abnormalities' in his medical data, the BIU said. The Swiss ruling likely brings an end to legal battles which have dragged on for years. Ustyugov himself has not competed since 2014.
Russia Today
20-05-2025
- Science
- Russia Today
African students win gold at biology Olympiad in Sochi
A team of students from Djibouti has won a gold medal at the Open International Biology Olympiad (OIBO) hosted by the Russian Sirius Educational Center in Sochi. Djibouti was represented by Hassan Mohamed Seid, Maydoub Ilyas Mohamoud, and Mohamed Eleyeh Abdillahi, who were selected through a national academic competition. All are enrolled in a specialized science-focused school in their homeland. The Olympiad brought together 70 participants from 14 countries, including Russia, Belarus, Abkhazia, Armenia, Kazakhstan, Kyrgyzstan, Cuba, Myanmar, Saudi Arabia, Tajikistan, Uzbekistan, the Philippines, South Ossetia, and Djibouti. The Djiboutian team completed all three phases of the competition: a written theoretical exam, a practical laboratory assessment, and a collaborative group project. Their project, which focused on the native flora of the Caucasian Biosphere Reserve, earned them top marks and a gold medal in the project category. Describing the experience, Seid said the team's research involved studying diverse plant species, analyzing environmental stressors, and identifying threats to regional biodiversity. He noted that working with unfamiliar flora was particularly rewarding. 'This was especially interesting and exotic because completely different plants grow in our country,' he said, as quoted by the press sevice of Russian Sirius Educational Center. He added that the team was overjoyed by their success and expressed a desire to return to Sirius in the future. Djibouti's La Nation newspaper described the victory as part of a growing pattern of academic success for the country's youth. African students have previously distinguished themselves at the African Mathematics Olympiad in South Africa and in Qatar. The OIBO 2025 was held from May 10 to 17 in the Sirius federal territory on the Black Sea coast. The competition engages students in solving key biological and biotechnological challenges, promotes collaboration with industry, and fosters international cooperation and knowledge exchange.
