ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

The start of trading in the shares of the UAE “ADNOC Gas” company on the Abu Dhabi Stock Exchange

Trading in the shares of the natural gas unit recently established by the Emirati company ADNOC begins on the Abu Dhabi Stock Exchange, after an initial public offering of $ 2.5 billion aimed at benefiting from the high global demand for gas.


The subscription to the offering of the "ADNOC Gas" company witnessed a great turnout from investors, even after raising the volume of the subscription from 4 to 5 percent of the company's shares, in response to strong demand.


The volume of the offering amounted to about 2.5 billion dollars, after setting the final share price at 2.37 dirhams (0.645 dollars), and the market value of the company amounted to about 50 billion dollars.


The IPO of ADNOC Gas will be the largest initial public offering in the world so far in 2023, and the largest ever listing on the Abu Dhabi Stock Exchange.


With the subscription exceeding the target value by fifty times, the demand for the public offering of ADNOC has become the largest in the Middle East and North Africa, surpassing the world record set by Saudi Aramco three years ago of $ 29.4 billion.


The first public offering, organized by ADNOC, came quickly in the wake of the rush to search for alternative gas resources after the Russian invasion of Ukraine, and also with the countries' search for cleaner energy sources to confront the climate change crisis.


Energy expert Rudi Baroudi, who heads Qatar-based Energy and Environment Holding Company, expected demand to increase with the start of trading in shares.


"There is every reason to expect that the massive oversubscription that we have seen will continue to generate strong interest when the shares go public," he told AFP.


ADNOC, which generates the largest revenue for the UAE treasury, retained a 90 percent stake in its new subsidiary, which was formed from its previous units to process liquefied natural gas.


Gas is described as environmentally cleaner than other fossil fuels, with many countries in the world seeking to reduce their emissions.


Baroudi considered that LNG is "the most important transitional fuel while giving up hydrocarbons."


And in 2021, the UAE produced approximately 57 billion cubic meters of natural gas, or 1.4 percent of global production, according to BP statistics.


In the same year, the UAE exported about 8.8 billion cubic meters of liquefied natural gas, representing about 1.7 percent of the volume of global exports, according to the British International Energy Company.


"With the acceleration of global efforts to combat climate change, the role of natural gas in general (...) is widely expected to grow," Baroudi said.


He added, "ADNOC has a good reputation, so it was expected that the public offering in ADNOC Gas would attract strong interest."


The ADNOC Gas IPO could be the start of another series of IPOs in Abu Dhabi this year.


It is expected that at least eight companies in the fields of technology, asset management and renewable medicine will follow in the footsteps of ADNOC, according to what Bloomberg quoted Sameh Al Qubaisi, Director General of Economic Affairs at the Department of Economic Development in Abu Dhabi.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

Iran: Oil exports are at their highest level since the US reimposed sanctions in 2018

Iran's Oil Minister Javad Ochi said on Sunday that the country's crude oil exports have reached their highest levels since the re-imposition of US sanctions in 2018, the official IRNA news agency reported.


Oji stated that Iran's exports of crude oil increased by 83 million barrels since the beginning of the current Iranian calendar year, which started from March 21, 2022, to February 19, 2023, compared to the same period from 2021 to 2022.


He added that it also showed an increase of 190 million barrels compared to the same period from 2020 to 2021, without disclosing the exact figures for Iran's total exports of crude oil.


The Iranian oil minister said that the country's gas exports witnessed a year-on-year rise of 15 percent in the current Iranian calendar year, noting that Iran has achieved 6.5 billion US dollars of its liquefied petroleum gas exports since March 2022.


In May 2018, the United States tightened its sanctions on Iran, mainly targeting the country's oil exports and banking sector, after it unilaterally withdrew from the 2015 nuclear deal, formally known as the Joint Comprehensive Plan of Action.


Talks on reviving the JCPOA began in April 2021 in Vienna. No breakthrough has been achieved after the latest round of talks in early August 2022.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

ADNOC Gas shares rise by 25% after the start of trading

Shares of " ADNOC Gas " rose by 25%, minutes after the start of trading on the Abu Dhabi Stock Exchange on Monday.


The share price of ADNOC rose to 2.96 dirhams ($0.80) from its set price of 2.37 dirhams ($0.645), in the offering, which amounted to about $2.5 billion.


The IPO of ADNOC Gas will be the largest initial public offering in the world so far in 2023, and the largest ever listing on the Abu Dhabi Stock Exchange.


With the subscription exceeding the target value by fifty times, the demand for the public offering of ADNOC has become the largest in the Middle East and North Africa, surpassing the world record set by Saudi Aramco three years ago of $ 29.4 billion.


The first public offering, organized by ADNOC, came quickly in the wake of the rush to search for alternative gas resources after the Russian invasion of Ukraine, and also with the countries' search for cleaner energy sources to confront the climate change crisis.


ADNOC, which generates the largest revenue for the UAE treasury, retained a 90 percent stake in its new subsidiary, which was formed from its previous units to process liquefied natural gas.


Gas is described as environmentally cleaner than other fossil fuels, with many countries in the world seeking to reduce their emissions.


And energy expert Rudy Baroudi considered that liquefied natural gas is "the most important transitional fuel while the hydrocarbons are abandoned."


And in 2021, the UAE produced approximately 57 billion cubic meters of natural gas, or 1.4 percent of global production, according to BP statistics.


In the same year, the UAE exported about 8.8 billion cubic meters of liquefied natural gas, representing about 1.7 percent of the volume of global exports, according to the British International Energy Company.


"With the acceleration of global efforts to combat climate change, the role of natural gas in general (...) is widely expected to grow," Baroudi said.


He added, "ADNOC has a good reputation, so it was expected that the public offering in ADNOC Gas would attract strong interest."


The ADNOC Gas IPO could be the start of another series of IPOs in Abu Dhabi this year.


It is expected that at least eight companies in the fields of technology, asset management and renewable medicine will follow in the footsteps of ADNOC, according to Bloomberg quoted Sameh Al Qubaisi, Director General of Economic Affairs at the Department of Economic Development in Abu Dhabi.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

A sharp decline in European stock exchanges and banks

واصلت البورصات الأوروبية تراجعها الإثنين مسجلة أسوأ جلسة في السنة على وقع المخاوف من انتشار العدوى إلى القطاع المصرفي بعد إفلاس مصرفين أميركيين.


وبدأت المداولات في البورصات الأوروبية بصورة شبه مستقرة بعد إعلان تدابير استثنائية في الأسواق الأميركية لكنها هبطت بعد ذلك وبلغ التراجع قرابة الساعة 9,50 ت غ 2,33% في باريس و2,41% في فرانكفورت بعدما خسرت أكثر من 3%، و2,01% في لندن.


كذلك واصلت المصارف الأوروبية تراجعها الإثنين ولا سيما المصارف التي تعتبر أقل متانة من غيرها، فخسر مصرف كريدي سويس 9,90% مسجلا أدنى مستوياته التاريخية فيما خسر كومرتسبنك 12% وبي إن بي باريبا 5,29% وسوسييتي جنرال 5%.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

HSBC buys the British branch of Silicon Valley Bank for one pound sterling

HSBC bought the British branch of the American Silicon Valley Bank for a symbolic amount of one pound ($ 1.2) as part of an agreement to rescue it, according to what the government and HSBC announced on Monday.


The sale, which was supervised by the Bank of England and the Treasury, comes after the collapse of Silicon Valley Bank on Friday, causing panic in Britain about its main customers in the technology and life sciences sectors.


"Today, United Silicon Valley Bank has been sold to HSBC," the government said in a statement, after talks reportedly led by Prime Minister Rishi Sunak.


"The Bank of England facilitated this financial transaction in consultation with the Treasury," she added.


British Finance Minister Jeremy Hunt indicated that no government funds were used in the operation, while all customer deposits were protected.


He stressed that this agreement "guarantees the protection of customers' deposits and that they can conduct their banking transactions as usual, without the support of taxpayers."


"I am satisfied that we have reached a solution in such a short period of time," he added.


On Sunday, Hunt warned of a "serious" risk to technology and life sciences companies doing business with Silicon Valley's bank.


HSBC agreed to pay one pound for the purchase, the bank said in a separate statement Monday.


The Asia-focused lender said Silicon Valley's UK subsidiary had loans of around £5.5 billion and deposits of around £6.7 billion.


HSBC chief executive Noel Cowen said, "This acquisition makes perfect strategic sense for our UK business."


The agreement excluded the assets and liabilities of the parent companies of Silicon Valley Bank's UK branch, while HSBC expects to gain from the acquisition.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

The shares of the American First Republic Bank fell by more than 65%

The share price of the American First Republic Bank fell Monday, by more than 65%, with the start of trading on Wall Street, which led to a decline in shares of other banks at a time when US regional banks face pressure.


Other regional banks fell, including Western Alliance Bancorp and Zionis Bank Corporation.


After about 20 minutes of trading, the Dow Jones Industrial Average rose slightly after falling by 0.7% at the beginning of the session.


However, the Standard & Poor's 500 index remained down by 0.4%, while the Nasdaq index lost 0.3%.


This came despite the US financial authorities' announcement on Sunday of a bailout plan to guarantee the deposits of Silicon Valley Bank customers.


The Federal Reserve also announced that it will provide additional funding to banks to help them meet the needs of depositors.


"Confidence is eroding in the market. We see that clearly with regard to regional banks especially," said Quincy Crosby of LBL Financial, adding that the same phenomenon exists in Europe.


The expert added that the US authorities are trying to boost confidence, but "it does not seem to be working."

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

"Statistics": The consumer price index rose last month

The consumer price index in Palestine during February 2023 increased by 0.90% compared to January 2023.

The Central Bureau of Statistics stated in a statement today, Tuesday, that the main reason for the price increase in Palestine is as a result of the increase in the prices of fresh chicken by 11.84%, the prices of dried vegetables by 11.39%, the prices of eggs by 7.69%, the prices of fresh fruits by 3.57%, and the prices of fresh vegetables by 11.39%. 3.21%, short grain rice prices by 1.43%, and potato prices by 1.35%.

The prices of the following commodities rose to average; Chicken 18 shekels/kg, onions and potatoes 3 shekels/kg each, eggs 20 shekels/2kg, bananas 4 shekels/kg, pomegranates 6 shekels/kg, avocados and green hot peppers 8 shekels/kg each, and eggplant and cucumbers 5 shekels/kg each, and short grain rice 154 shekels/25 kg.

When comparing prices during February 2023 with its counterpart from last year, the data indicates an increase in the consumer price index in Palestine by 4.03% (4.71% in the West Bank, 4.05% in Jerusalem, and 1.87% in the Gaza Strip).

Consumer price index at the level of the Palestinian regions

The consumer price index in the West Bank increased by 0.99% during February 2023 compared to January 2023. This is due to the increase in the prices of fresh chicken by 14.74%, the prices of eggs by 9.95%, the prices of dried vegetables by 9.08%, and the prices of fresh fruits. by 4.07%, the prices of fresh vegetables by 1.60%, and the prices of short grain rice by 1.51%.

The prices of the following commodities increased in the West Bank to average; Chicken 19 shekels/kg, eggs 22 shekels/2kg, onions 4 shekels/kg, bananas and eggplant 5 shekels/kg each, pomegranate and hot green pepper 7 shekels/kg each, avocado 10 shekels/kg, short-grain rice 153 shekels/kg 25 kg.

High cost of living index in the Gaza Strip:

The consumer price index in the Gaza Strip increased by 0.95% during February 2023 compared to January 2023. This is due to the increase in the prices of dried vegetables by 13.92%, the prices of fresh vegetables by 7.53%, the prices of fresh chicken by 5.11%, and the prices of fish. Live, fresh, chilled or frozen by 4.64%, the price of short grain rice by 3.80%, the price of fresh fruits by 3.71%, the price of potatoes by 2.26%, and the price of eggs by 2.20%.

The prices of the following commodities increased in the Gaza Strip, reaching an average of: Onions and potatoes 2 shekels/kg each, garlic 8 shekels/kg, eggplant 4 shekels/kg, cucumber 3 shekels/kg, green hot pepper 10 shekels/kg, chicken 16 shekels/kg, and short-grain rice 155 shekels/25kg.

High cost of living index in Jerusalem:

The consumer price index in Jerusalem increased by 0.32% during February 2023 compared to January 2023, as a result of an increase in the price of potatoes by 37.74%, the price of dried vegetables by 15.71%, the price of eggs by 15.33%, and the price of fresh chicken by 4.60%. The prices of fresh vegetables increased by 3.87%, and the prices of fresh meat increased by 1.61%.

The prices of the following commodities increased in Jerusalem, reaching an average; Potatoes 6 shekels/kg, onions 4 shekels/kg, eggs 32 shekels/2kg, chicken 21 shekels/kg, eggplant 7 shekels/kg, cucumber 8 shekels/kg, green hot pepper 9 shekels/kg, and lamb 94 shekels/kg .

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

The Chinese central bank is injecting more liquidity through reverse repo operations

(Xinhua) The People's Bank of China (the central bank) on Tuesday continued to inject money into the financial system through open market operations.
In a statement posted on its website, the People's Bank said it conducted seven-day reverse buybacks worth 29 billion yuan (about 4.02 billion U.S. dollars) at an interest rate of 2 percent.
The move aims to maintain stable and ample cash liquidity in the banking system, according to the central bank.
Reverse repo operations, known as a "reverse repo", are operations in which the central bank buys securities from commercial banks through bidding, with an agreement to sell them back to them in the future.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

The exchange rate of the Lebanese pound exceeds one hundred thousand against the dollar

(AFP) - The value of the Lebanese currency deteriorated on Tuesday to an unprecedented level, reaching 100,000 against one dollar in the parallel market, according to exchange offices in the country mired in a stifling economic and financial crisis.
This record level was recorded at a time when banks resumed an open-ended strike.
The official exchange rate was set at the level of 15,000 pounds against the dollar last February, compared to 1,507 pounds previously.
This official exchange rate remains six times lower than the actual price of the pound in the parallel market, where the Lebanese currency is traded on Tuesday at 100,000 pounds against the dollar, according to exchange offices.
This coincides with an acute liquidity crisis, and banks stopped providing depositors with their money in dollars.
On Tuesday, the banks resumed an indefinite strike, which they had launched in February, to protest against what the Association of Banks considered "arbitrary" legal measures towards creditors.
Since the summer of 2019, Lebanon has been witnessing an economic crisis that the World Bank ranked among the worst since 1850, and it is considered the worst in Lebanon's history.
In early March, supermarkets began pricing goods in dollars, as a decision by the authorities, in light of the rapid decline in the value of the local currency. It was preceded by months ago, restaurants and stores in a country that imports 90% of its goods.
Food commodity prices have increased dramatically since 2019. According to the World Bank, the inflation rate reached 332% from January 2021 to July 2022, which is the highest in the world.
Political paralysis exacerbates the situation, in light of a presidential vacuum for months, during which the country has been run by a caretaker government that is unable to take necessary decisions, including reforms that the international community requires to provide support in order to stop the bleeding.
Since the end of President Michel Aoun's term at the end of October, the Lebanese parliament has failed 11 times to elect a president due to deep political divisions, as no party has a parliamentary majority that empowers it to deliver a candidate.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

Osaily discusses strengthening economic cooperation between Palestine and Lithuania

The Minister of National Economy , Khaled Al-Osaily , discussed with officials in the Republic of Lithuania the promotion and consolidation of economic and trade cooperation relations between the two countries, and the establishment of investment partnerships between the Palestinian private sector and its Lithuanian counterpart.


The minister, who heads a delegation of Palestinian businessmen, discussed, during a meeting today, Tuesday, in the capital, Vilnius, with the Lithuanian Minister of Economy and Innovation, Osrin Armonaiti, ways to develop economic relations, and the possibilities of Lithuanian companies joining the digitization of the public sector in Palestine, and e-government projects and cybersecurity.


The two sides agreed to benefit from Lithuania's experience in the field of information technology and technological financial services, in addition to recycling, especially since it was agreed that Lithuania would join the European team in the field of digitizing Palestine, which would allow its ICT companies to cooperate with their Palestinian counterparts and establish cooperation involved in this field.


During the joint meeting, which was held with the participation of the Ambassador of the State of Palestine to Finland and the Baltic countries, he said that soon experts from the Lithuanian Environmental Projects Management Agency will visit Palestine, during which they will exchange the experience of installing the Lithuanian deposit system.


The two sides stressed the need to take concrete steps to deepen economic cooperation to activate trade exchange between the two countries, and there are opportunities for cooperation between Lithuanian and Palestinian companies in the field of digitization and e-government projects in Palestine, and to benefit from the Lithuanian experience in this field.


Al-Osaili said, "We are happy with this visit, which is an important step in consolidating cooperation relations, and we seek to establish investment partnerships between the two countries that will benefit both of them, and take advantage of the available opportunities, facilities and privileges offered by the government to investors."


In turn, Armonite indicated that Lithuania has extensive experience in establishing business platforms and public services, preparing and implementing national digitization projects, and that her country is ready to establish partnerships with Palestine in many other fields: agriculture, food, furniture, textile production, and information and communication technology.


Osaily also agreed, during his meeting with the Lithuanian Minister of Agriculture, Kostutis Navicas, to cooperate in encouraging the export of Palestinian agricultural products to Lithuania, such as dates, strawberries, and medicinal herbs, in addition to exchanging experiences through the Agricultural Research and Development Center.


Navicas expressed his interest in the procedures for granting licenses to export beef to Palestine and the import requirements, and presented the export potential of the Lithuanian food industry and the high standards of agriculture, pointing out the importance of Lithuanian agricultural products being of importance to the Palestinians.


"We look forward to establishing sustainable contacts for business representatives, which will, in the long run, turn into increased trade flows," he added.

During Osaily's visit, an agreement was signed between the Chamber of Commerce, Industry and Crafts in Vilnius and the Chamber of Commerce and Industry of Bethlehem with the aim of establishing closer cooperation between the two chambers in searching for potential partners, exchanging useful information, marketing services and other fields.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

Britain: the unemployment rate is at low levels and inflation affects wages

The unemployment rate remains near record low levels, but wages are falling in real terms, official data showed Tuesday, on the eve of the budget unveiling.


The unemployment rate remained steady at 3.7 percent in the three months to the end of January compared to the three months to the end of December, according to a statement from the National Statistics Office.


Wages excluding incentives rose by 6.5 percent, but fell by 3.5 percent when inflation is taken into account.


"Although the inflation rate has declined somewhat, it still exceeds revenue growth, which means that real wages continue to decline," Darren Morgan, director of economic statistics at the Office for National Statistics, said on Tuesday.


Britain is still witnessing widespread strikes, as workers protest that their wages do not keep pace with rising consumer prices.


The release of the data came a day before Chancellor of the Exchequer Jeremy Hunt is expected to unveil his latest budget, on the impact of a cost-of-living crisis that has sparked strikes across Britain.


Doctors in hospitals began strikes on Monday for a period of three days to protest their wages, at the beginning of a week that will witness other strikes by professors, train employees and civil servants, in a move coinciding with the disclosure of the budget.


The UK's annual inflation rate has eased in recent months but remains above 10 percent, five times higher than the rate set by the Bank of England as a target.


"The job market remains strong, but inflation remains very high," Hunt said in response to Tuesday's data.


"When I announce the budget tomorrow, I will outline how we can move forward to act against inflation, reduce debt and get the economy to grow, including by helping more people get back to work," he added.


UK inflation, although declining, is still close to a four-decade high on the back of soaring energy bills a year after the Russian invasion of Ukraine.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

"Economy": Providing a safe commodity at fair prices is one of the pillars of our work in maintaining food security

The Ministry of National Economy said today, Tuesday, that the availability of a safe and clean commodity at fair prices is one of the pillars of the Ministry's work in maintaining food security, in light of the global crisis of high prices, and its negative repercussions on various countries.


In a statement, on the occasion of the International Day for Consumer Protection , which falls on March 15, the Ministry affirmed that the procedures for developing the consumer protection system in terms of the legislative environment, and government interventions to support commodities during the past year, contributed to curbing the steady rise in commodity prices, as a result of the global crisis. .


And she stressed steps to support food security in terms of completing the completion of the requirements for establishing the wheat silos project, which is in its final stages, and diversifying markets for the supply of commodities and basic needs, in light of the supply chain disturbances, in addition to the control system in controlling and regulating the market.


The Ministry referred to the most prominent shifts in consumer behavior, and reliance on online purchasing and shopping, adding that despite the positivity in the ease of access to the commodity, dozens of complaints based on exploitation and non-conformity with the required specifications were recorded, in addition to reporting complaints by violators, which reinforced control and regulation of the market.


The Ministry touched on its efforts, in cooperation with partners, to promote safe e-commerce, as the first draft of this trade law was completed, in cooperation with the Ministry of Communications and Information Technology, in preparation for presenting it to the Council of Ministers soon, after completing discussion and consultations with all partners working and interested in it.


She referred to the policies and procedures of the Israeli occupation in stealing and piracy of our rights in various fields, especially the policy of controlling and controlling the inputs of the Palestinian economy, limiting the possibility of a strong industrial base that strengthens the pillars of the economy, and effective integration into the economies of countries, in addition to fighting the national product in the various control and piracy departments that it pursues. occupying state.


The Ministry indicated that consumer protection teams seized last year 1,163 tons of expired materials that violated mandatory technical instructions, and 49 tons of settlement products and commodities, and referred 279 violators to the Public Prosecution Office for combating economic crimes, for not adhering to Palestinian laws. The teams also dealt with 2,169 complaints received from citizens. Through the direct number 129, I focused on the high prices of some commodities, and not advertising them on the products displayed in the shops.


The countries of the world celebrate the "International Consumer Rights Day", which was approved by the United Nations in 1985 on the 15th of March of each year.


ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

The Egyptian economy achieved a growth rate of 4.2% during the first half of the current fiscal year

Egypt announced today, Tuesday, that the growth rate of its national economy during the first half of the fiscal year 2022-2023 amounted to 4.2%, down from 9% during the same period of the last fiscal year.


“The growth of the Egyptian economy during the second quarter of the current fiscal year increased by 3.9%, despite the global economic situation and the state of uncertainty imposed by global economic and geopolitical challenges and changes,” according to a statement by the presidency. The government published it on its official Facebook page.


The minister indicated that there is an improvement in the growth rates of a number of economic sectors in the second quarter of the fiscal year 2022-2023 compared to the corresponding quarter of the last fiscal year, noting that the sectors of communication, agriculture, wholesale and retail trade, real estate activities, business services, social services, and construction contributed 80%. in GDP growth.


It indicated that the revenues of the Suez Canal amounted to $2.2 billion in the second quarter of the current fiscal year, with a monthly average of $722 million, compared to about $1.7 billion in the corresponding quarter of the previous fiscal year, with a monthly average of $561 million.


Hala Al-Said attributed the growth of these revenues to the marketing policies pursued by the Suez Canal Authority to attract new shipping lines to cross through the Suez Canal, and some global variables that led to an increase in the savings achieved by the Suez Canal compared to alternative routes in light of the high prices of ship rentals, freight haulers, the rise in oil prices, and the change Map of world trade due to the Russian-Ukrainian crisis.


She noted that the unemployment rates achieved a remarkable decrease to reach 7.2% during the second quarter of the current fiscal year, as the rate of contribution to economic activity increased to reach 42.8% during the aforementioned quarter.


The minister added, "According to preliminary data, the growth rate of the Egyptian economy during the first half of the current fiscal year was estimated at 4.2 percent."


It is noteworthy that the growth rate of the Egyptian economy reached about 9% during the first half of the fiscal year 2021-2022, which is the highest semi-annual growth rate since the beginning of the millennium.


And she added, "Despite the current effects of the Russian-Ukrainian crisis, whose effects are likely to extend over the next year, the Egyptian economy is expected to grow by about 4.2% by the end of the fiscal year 2022-2023."


The Egyptian government had aimed to achieve a growth rate of 5.7% during the current fiscal year, before lowering its forecasts to 5.5% due to the Russian-Ukrainian crisis.


Economist Dr. Walid Gaballah commented on the decline in the growth rate of the Egyptian economy from 9% during the first half of the year 2021-2022 to 4.2% during the same half of 2022-2023, saying that the recent growth rate is "an expected rate that revolves around the expectations of many institutions." International, especially with the Egyptian government maintaining the rate of government investments determined in the state's general budget.


Gaballah, a member of the Egyptian Society for Political Economy, told Xinhua that "the state is still following measures to stimulate growth through government investments, in addition to the fact that the Egyptian economy has what drives it to achieve a growth rate in connection with the nature of the economy itself."


He continued, "The Egyptian economy has already succeeded in achieving a growth rate of 9% during the first half of the year 2021-2022, after it recovered from the repercussions of the Corona virus crisis, and it was expected to continue achieving high growth rates, but with the outbreak of the Russian-Ukrainian crisis, growth rates declined significantly." Especially since there were difficulties facing the Egyptian government to take measures to stimulate growth, especially after it pumped a lot of spending in order to absorb the repercussions of Corona.


And the Egyptian expert added, "The Egyptian economy is still suffering from the repercussions of the Russian-Ukrainian crisis, and its growth rates are still less than the target, and if it achieves a growth rate of 4.2% by the end of the year 2022-2023, this rate, although it is less than the previous targets, is considered a good rate and success." Significant in light of the continuation of the Russian-Ukrainian crisis, which put the Egyptian economy under great pressure and the Egyptian government's austerity measures to control public spending.


Among the negative repercussions of the Russian-Ukrainian crisis, which faced the Egyptian economy, were the high inflation rates in Egypt's trading partner countries, the problem of supply chains, and the raising of interest rates by the US Federal Reserve, which created great challenges for the Egyptian economy, according to Gaballah.

ECONOMY

Wed 15 Mar 2023 5:53 am - Jerusalem Time

Oil prices drop to the lowest level in 4 months and the market fears deflation

Oil prices closed sharply lower on Tuesday, to their lowest level in four months, while the market worries about a possible recession after tightening monetary policy that resulted in the first turmoil in the US banking sector.


The price of a barrel of Brent crude from the North Sea for May delivery fell 4.11%, to close at $77.45. The price of a barrel of US West Texas Intermediate oil, due in April, decreased by 4.63% to $71.33.


In after-hours electronic trading, the market's two oil benchmarks continued to decline, with Brent dropping below $77 and WTI below $71 for the first time since early December.


"This banking crisis is reinforcing the fear of a recession," commented John Kilduff of Again Capital, referring to the bankruptcy of three US institutions in the space of a few days.


Despite some stability on Wall Street on Tuesday and the emergency measures taken by the US authorities on Sunday to guarantee deposits, he said that what happened "affects investor confidence" in the financial system and "in the economy in general ... This does not bode well for the demand for oil." .


"Other than gold, the entire commodities sector seems to think we're heading into a recession," said Bill O'Grady of Confluence Investments.


"Most conventional indicators say so," he added, noting in particular the evolution of bond prices, which are higher in the short term than in the long term in several months, a phenomenon that almost systematically predates a recession.


Bill O'Grady believed that the market had so far been holding on to the possibility of a rebound in Chinese demand, to the extent of underestimating short-term fundamentals, namely ample supply and weak US or even European consumption of refined products.


This has led to an increase in prices since the beginning of the year, within narrow margins.


"It looks like we've broken out" of that range, he said, and "when we cross a technical threshold (with a downward trend), that often leads to additional selling" and accelerates the drop, which is what happened at the end of the session on Tuesday.


Analyst Helima Croft at RBC pointed to the possibility of intervention by the Organization of the Petroleum Exporting Countries (OPEC) if prices continue to decline.


But the organization updated its forecast for 2023 on Tuesday and maintained its estimate for an increase in demand of 2.3 million barrels per day.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

"Shabab Al-Nabi Elias" loses its third match in the first West Asian Volleyball Championship

The “Shabab Al-Nabi Elias” club lost, on Saturday, to the Jordanian “Shabab Al-Hussein” club, by three runs to none, in its third match in the second group of the first West Asian Club Volleyball Championship, which is hosted by the Jordanian Volleyball Federation, at Qasr Hall. Sports in Al-Hussein Youth City in the capital, Amman.

The “Shabab of the Prophet Elias” entered the match in search of victory, after losing in the previous two matches against the Iraqi “Gas South” and the Bahraini “Dar Kulaib”. Despite the team's improvement, it lost the first half 25-20, and the second half 25-16. , and the third period 25-20.

The Palestinian volleyball representative was unable to win any set in the three matches he played in the tournament so far.

The "Shabab Al-Nabi Elias" club had lost its first match, against the Bahraini "Dar Kulaib" team, by three runs to none. The results of the runs were: (25-5), (25-14), and (25-8). He also lost his second match against "Gas of the South" by three runs to none as well, as the three rounds ended with the same score (25-7). He will conclude his matches in the preliminary league of the championship, next Monday, with the Qatari “Al-Rayyan” match.

The top five players in the tournament qualify for the AFC Club Championship finals, knowing that the top four players from each group qualify for the second round.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

The Football Association concludes the specialized football training course and postpones the table league, and the Volleyball Association announces the Premier League schedule



The Football Association in Gaza concluded the specialized training course for the category of coaches, which included field exercises and a specialized workshop, which was led by the coach and football expert Abdel Nasser Barakat, Director of the Technical Department in the Football Association, with the participation of the Asian lecturer Mahmoud Zaqout, the coach Imad Hashem, the coach of the former beach team, and Saeb Talal Jundia A member of the National Teams Committee and captain of the first national team, Shehdeh Ahmed Haboush, a member of the National Teams Committee, and a number of coaches, including Humaidan Barbakh, the technical director of the Khan Yunis Union, Ammar Abu Salisel, Bilal Tamraz, the Nusseirat Services coach, and Jamal Al-Houli, the former coach of Shabab Rafah.

The trainings, which continued over the past week, included practical applications for coaches, and workshops for working coaches and coaches of age-group clubs, in the hall of the Supreme Council for Youth and Sports, and were also followed by coaches of football schools in academies, with the aim of refining the coaches' performance and developing their capabilities. Barakat's visit to Gaza included the conclusion of a workshop for the age groups, during which three-dimensional teaching videos were presented inside the stadiums showing the positions of the players inside the green field, the duties of each player above his established lines, achieving communication between all lines, leading attacks and confronting counterattacks, and field application in the presence of players in the Gaza teams and clubs. Where the participants were divided into teams and launched attacks to take advantage of the training experiences, and to stand at the gaps in which the players fall.

Postponement of the first-class championship

The Palestinian Table Tennis Federation has postponed the launch of the first-division tournament for Gaza Strip clubs for the 2022-2023 season, to Tuesday 14/3, at the Hall of the Prisoner and Martyr Hassan Salameh at the headquarters of the game association, which will also bear the name of the late athlete Saeed Nassar. Under the auspices of the Supreme Council for Youth and Sports, the federation demanded that clubs pay the subscription fees. The federation decided to draw the championship draw on Sunday at 3:30 in the same hall. Adeeb Abu Ghazal, the tournament director, said that he will adopt the classification of the federation’s last championship, and the two highest clubs on the ranking table will advance to the Premier Division, and the last two clubs on the ladder of the list ranking will fall to the second degree, and the international law of the game and its amendments will be applied in everything that is not stipulated in the regulation. The federation decided to hold the final celebration after the tournament, and stated that the first-place winner will receive the championship cup and gold medals, and the second-place runner-up will receive silver medals. On a single point, not allowing any club to participate in the tournament with financial dues, and using a white “stage 3-star” ball.

Abu Ghazal called for all sports teams to abide by the sports uniform according to the law.

A tribute to the role of the police in the final

Abdul Salam Haniyeh, Assistant Secretary-General of the Supreme Council for Youth and Sports, praised the great efforts made by the Palestinian police in securing the Yarmouk Municipal Stadium in the Al-Shati’ and Namaa match, and thanked the police leadership for its plan to maintain order and ensure the conduct of the match with the presence of 15,000 fans, above the stands and outside the stadium. . He saluted the masses who crawled to encourage them, and blessed the beach administration, players and fans for a quick return to excellence, and the happiness of the fans who expressed their joy inside and outside the stadium, all the way to the alleys of the beach camp. He praised Namaa Club, which played a strong match with its large fans behind it, after a distinguished season for the team and the brilliance of its players, wishing Namaa success in the next season.

Announcement of the volleyball league schedule

Yesterday, Saturday, the Palestinian Volleyball Association announced the schedule of the Premier League matches, and the league matches will open next Tuesday, which will all be held at the Saad Sail Hall in the Palestine Sports Complex, with the Friendship match, the defending champion, the winner of the Super Cup for the year 2023 and Al-Wahda, while the runner-up will meet – Jabalia Dignity Services, and on Thursday the Nama Association and the Police Union will meet, and the Nuseirat Services and Jabalia Youth Services will meet, and the championship will continue on the nineteenth Sunday of this month, and the Friendship Gaza Sports Club will meet, while the Jabalia Services will meet Rafah Services, and on Tuesday the twenty-first of this month it will meet the winner of the Namaa match And the police union with the Palestinian Crescent, while the winner of the match between Khadamat al-Nuseirat and Shabab Jabalia will meet Al-Wefaq Club. The Competitions Committee decided to launch the final qualifying round later this month.

Adjustments in the basketball league

The Competitions Committee of the Palestinian Basketball Association made adjustments to the matches of the Premier League for basketball, which is being held under the auspices of Jawwal with the start of the eighth round. The two champions, Khadamat Al-Bureij – the defending champion, and Khadamat Rafah, the second-place holder, will meet at the hall of the late behind the wheel in Al-Bureij refugee camp. Meanwhile, the youth of Al-Bureij – the third place holder – will meet Khadamat Deir Al-Balah, who will follow him in fourth place on the late Al-Ajlah. On Wednesday, the YMCA and the youth of Al-Bureij will meet at Saad Sail Hall in Gaza City, and they will meet the services of Rafah and the Deir Al-Balah Center at the Abu Yusef Al-Najjar Hall. Al-Bureij YMCA is on the lounge behind the wheel.

The conclusion of the veterans' tour

The delegation of the veterans of the beautiful time from the Gaza Strip, which includes 20 players, concluded a sports tour that it conducted in the city of Aqaba in the Hashemite Kingdom of Jordan. The joint team held a number of matches with the old national team of Aqaba, Irbid and others, and met a number of Jordanian veterans stars, businessmen in Jordan, dignitaries, sheikhs and legal personalities.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

German Championship: Bayern takes advantage of Dortmund's stumbling in the Ruhr derby and takes the lead

(AFP) - Bayern Munich took the lead when it honored its guest, Augsburg, by defeating it 5-3, taking advantage of the stumbling of his former partner, rival Borussia Dortmund, in the Ruhr derby in front of its host, Schalke 04, 2-2, on Saturday, in the twenty-fourth stage of the German Football Championship .
In the first match at the “Allianz Arena” in Munich, the Bavarian club overturned its failure with an early goal by Mirjim Berisha (3) to win five, including a four-way in half an hour, which was scored by Portuguese Joao Cancelo (15), French Benjamin Pavard (19 and 35) and Leroy Sanneh (19 and 35). 45).
The guests narrowed the difference at the beginning of the second half through Berisha from a penalty kick (60), but Canadian Alfonso Davis restored it to its previous state by scoring the fifth goal (74), before Frenchman Irfan Cardona scored the third goal for Augsburg in the third minute of stoppage time.
It is the third successive victory for Bayern Munich and the fifteenth this season, raising its tally to 52 points and ending the lead partnership by two points against rivals Borussia Dortmund.
Bayern coach Julian Nagelsmann praised his team's "important reaction" after the early setback, but lamented "taking our foot off the pedal at the end" of the match.
Nagelsmann preferred to keep captain Thomas Muller, French Kingsley Coman, Leon Goritska and Croatian Josip Stanisic on the bench and give Senegalese Sadio Mane, Leroy Sanneh, Serge Gnabry and Portuguese defender Joao Cancelo to start.
Cameroonian top scorer Eric Maxim Choupo-Moting was sidelined with a back injury.
Augsburg was the first to score, specifically in the third minute, through Berisha with a left-footed shot from inside the area.
But Bayern responded strongly and with a hat-trick in 20 minutes, through Cancelo with a powerful right-footed shot that hit the far left corner after a pass from Sanneh (15) and Bavar with a right-handed shot from close range following a pass from Mane (19) and with a right-handed shot from close range also, taking advantage of a header by Dutch giants Matthijs de Licht from a defender (35).
Sanneh reinforced the fourth goal with a header from close range, taking advantage of a rebound from one of the defenders, after a shot from close range by Mane (45).
Augsburg scored a penalty kick at the beginning of the second half, which Berisha successfully set up, narrowing the gap (60).
But Davis restored it to its previous state by scoring the fifth goal when he received a cross ball inside the area from Cancelo, who followed it from close range into the goal (74).
Davis left his place in the 78th minute for Moroccan international defender Naseer Mazraoui, in his first appearance since his return from his country's historic participation in the World Cup in Qatar, when he reached the semi-finals and finished in fourth place, after being exempt from symptoms of infection with the Covid-19 virus.
Augsburg scored his third goal via Cardona with a shot from close range (90 + 3).
In the second match at the "Viltens Arena" in Gelsenkirchen, Borussia Dortmund lost its lead twice and failed to win for the second time in a row.
International defender Nico Schloterbeck gave Dortmund the lead in the 38th minute, but Marius Balter equalized early in the second half, before Portuguese international defender Rafael Guerrero restored the visitors' lead after 10 minutes, but Turkish substitute Kenan Karaman equalized after nine minutes.
The disappointing draw for Dortmund came four days after its exit from the final price of the Champions League by losing 0-2 to its English host Chelsea, and thus its series of successive victories stopped at the beginning of the new year at 10 matches in all competitions, including eight in the Bundesliga.
On the other hand, Schalke continued its recent recovery and kept its record without loss for the seventh time in a row, and got rid of the last place, as it became seventeenth with 20 points, with a goal difference behind the sixteenth Stuttgart, one point behind the fifteenth Hertha Berlin, and the last survivor of relegation to the second degree.

And Leipzig regained its balance in a timely manner, with a great victory over its guest Borussia Monchengladbach 3-0, and its rise to third place temporarily.
Borussia Mönchengladbach paid dearly for missing a penalty kick at the beginning of the second half (53), and conceded three goals that were scored by Timo Werner (57), Swede Emil Vosberg (71 from a penalty kick) and Croatian Josko Gvardiol (80).
Leipzig made up for its loss against Borussia Dortmund 1-2 in the last stage and achieved its thirteenth victory this season, raising its score to 45 points, one point ahead of Union Berlin, who is a guest at Wolfsburg on Sunday.
And Leipzig achieved its victory before its trip to England to face Manchester City on Tuesday in the second leg of the Champions League final (1-1).
Hertha Berlin tied with Mainz with a goal by Lesic Ngankam (18 from the penalty spot) against a goal by French Ludvik Ajork (57), and Eintracht Frankfurt with Stuttgart with a goal by Sebastian Rode (55) against a goal by Democratic Congolese Silas (75).

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Italian Championship: Kvaratskhelia leads Napoli to restore the winning streak, 18 points ahead of Inter

(AFP) - Georgian midfielder Khvica Kvaratskhelia led his team, Napoli, to restore the winning streak and the 18-point difference from his direct chaser, Inter Milan, with his contribution to the victory over his guest, Atalanta Bergamo, 2-0, on Saturday, at the “Diego Armando Maradona” stadium in Naples in the sixth stage. twenty of the Italian Football League .
Kvaratskhelia opened the scoring with a wonderful goal in the 60th minute, and Kosovar defender Amir Rahmani (77) added the second goal.
And Napoli, seeking the third title in its history and the first since 1990, compensated for its second loss this season in the league and the first at home when it fell to Lazio 0-1 in the last stage when its series of successive victories in Calcio stopped at eight, so it achieved its 22nd victory, consolidating its position in the lead. With 68 points, and regaining the 18-point difference in front of its direct chaser Inter Milan, who lost to its host Spezia 1-2 on Friday in the opening stage.
The southern team, which came very close to winning the league title, also confirmed its good readiness for the historic confrontation against its German guest, Eintracht Frankfurt, next Wednesday, in the second leg of the Champions League final, as it seeks to reserve its ticket for the first time since its establishment to the quarter-finals, after it had won a clean double in the first leg. Frankfurt.
"When you come to Napoli, you make history," said coach Luciano Spalletti. "What people want, a team feeling that can turn into pressure. You need to have imagination and believe in your ability to win."
For his part, Rahmani said, "We are having fun, we are playing well even if we find it difficult at the beginning of the match because Atalanta is a good team," adding, "Of course we say it is normal, we are in a position where you can see with our fans how much they feel about it."
Napoli had the advantage from the start and pressed hard on its guest's goal in search of shaking his net, but he collided with a vigilant goalkeeper, Argentine Juan Musso, who shone brilliantly in keeping his net clean.
Musso blocked a powerful shot by Matteo Politano from outside the area and pushed it to a corner (6), then another shot by Kfaratskhelia (28), and a third by Politano from close range (42).
Musso continued his brilliance in the second half and blocked an acrobatic shot by Nigerian striker Victor Osimhen, the league's top scorer so far (19 goals), from close range (49).
Kvaratkhilia tried his luck with a powerful shot from outside the area next to the right post (56).
Osimhen almost did it with a header from close range, which passed by a few centimeters near the right post (59).
And Napoli succeeded in translating his advantage into a goal when infidels received a ball from Osimhen outside the area, so he penetrated into it, manipulating three defenders more than once with a wonderful individual effort, before hitting it powerfully from close range into the goal (60).
Kafara raised his tally to 11 goals in his first season in Serie A and 13 in all competitions.
The Colombian international, Luis Morial, almost equalized with a creeping shot from inside the area, which was sent away by goalkeeper Colini to a corner (73). The first citizen, Duvan Sabata, almost exploited it with a header from close range, which was blocked by Coligny (74).
Rahmani succeeded in strengthening Napoli's progress by scoring the second goal with a header, following a corner kick that the North Macedonian substitute, Elif Elmas (77).
Colini continued his brilliance and blocked a powerful shot by Matteo Ruggieri from inside the area (84).
Lazio, who was the dawn of a heavy-caliber surprise in the last stage by defeating Napoli, failed to take advantage of Inter Milan's loss and snatch second place from it by falling into a goalless draw against its guest, Bologna.
Lazio remained third, one point behind Inter Milan, but threatened to drop to fourth place in the event that its neighbor, Roma, beat its guest, Sassuolo, on Sunday, noting that the two poles of the capital will meet on Sunday in a heated derby within the twenty-seventh stage.
The result is disappointing for Lazio, who had hoped to return to the path of victory after losing to its Dutch guest AZ Alkmaar 1-2 last Thursday in the first leg of the final price of the European League competition "Europa League", and before arriving as a guest on the latter in his quest to continue his career in the second continental competition. .
Udinese also regained the winning streak with a valuable 1-0 victory at Empoli, scored by Brazilian Rodrigo Picao in the 54th minute.
It is the first victory for Udinese in its last seven matches (4 draws and two losses) and the eighth this season, so it rose to ninth place temporarily with 35 points, one point behind Turin, who will visit Lecce on Sunday.
On the other hand, Empoli suffered a third consecutive loss and the fourth in his last seven matches in which he did not taste victories and the tenth this season, so his balance froze at 28 points in the fourteenth place.
On Sunday, Verona will also play with Monza, Cremonese with Fiorentina, and Juventus with Sampdoria, with the stage ending on Monday with Milan’s meeting with Salernitana.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

French Championship: Mbappe saves Saint-Germain from a new disappointment

(AFP) - French football star Kylian Mbappe saved his team, Paris Saint-Germain, from a new disappointment when he scored the winning goal against Brest 2-1 in the last minute, Saturday, in the twenty-seventh stage of the local league.
Saint-Germain, who was eliminated from the French Cup competition by losing to arch-rivals Marseille last month, moved away by 11 points from the latter, which hosts Strasbourg on Sunday.
Mbappe took the captain's armband in the absence of Brazilian defenders Marquinhos and Presnel Kimpembe due to the injury that also kept Moroccan international defender Ashraf Hakimi from today's match.
Saint-Germain entered the match, dragging behind him the disappointment of being knocked out of the final price of the Champions League at the hands of Bayern Munich, who beat it 1-0 and 2-0 away.
The victory is the eleventh in a row for Saint-Germain over Brest, and the last time he wasted points in his confrontation was the 2010-2011 season when they tied 2-2.
The first chance in the match was for Saint-Germain, when Spaniard Fabian Royce passed the ball into the area, and Argentine Lionel Messi missed it, before Spaniard Carlos Soler hit it hard and was on its way to the top corner, but Brest goalkeeper Marco Bezu brilliantly pushed it away (11).
But Bezu made a mistake when he mishandled a powerful ball that Mbappe fired from 30 meters, so he lost sight of Soller, who followed it into the roof of the net (36), scoring his third goal since his move from Valencia early this season.
The capital team did not enjoy a long lead, because Brest responded with the equalizer by Frank Honora, who fired into the net of Italian goalkeeper Gianluigi Donnarumma (43).
The goal is Honora's fifth this season, making him the second best scorer in the team, behind Jeremy Le Duaron (6 goals).
The goal is the fourteenth that enters Saint-Germain's goal in the last 8 matches in various competitions.
The match was stopped for a few minutes after the Brest fans threw firecrackers, causing thick smoke that obscured the vision.
In the second half, Mbappe missed an easy opportunity when he hit outside the three woods from a good position (62), then Bezu saved Messi's spiral shot with his left (65).
The Portuguese left back, Nuno Mendes, missed the Brest goalkeeper, who saved his attempt (78).
And when the match was heading towards a tie, Mbappe broke the offside trap after an elaborate pass from Messi, so he singled out the goalkeeper, dribbled him, and scored into the empty goal in the last minute.
The goal is the nineteenth for Mbappe in the league this season, so he is equal at the top of the scorers’ ranking with Canadian Lille striker Jonathan David, who scored a hat-trick against Lyon (3-3) on Friday at the opening stage.

On the other hand, fifth-placed Rennes failed to put pressure on third-placed Monaco and fourth-placed Lens by falling into a goalless draw against Auxerre.
Rennes now scores 47 points, compared to 51 for Monaco and Lens, who face Reims and Clermont-Ferrand, respectively, on Sunday.
Auxerre got out of the relegation zone temporarily and climbed to the sixteenth place with 23 points, noting that it is going through a good period as it did not lose in the last six matches, with two wins and four draws.
Rennes, who lost 0-1 at home to Marseille last week, played the match in the absence of Belgian striker Jeremy Duques, and his attempts were shy and did not pose a threat to the Auxerre goal.
Auxerre almost opened the scoring, but Gauthier Hen's ball bounced off the crossbar (17), then the same player tried again and hit the side of the post (25).
Having withstood the attacks of Auxerre in the first half, Rennes appeared with a different and more dynamic face in the second, and despite its high possession rate (68 percent), its attackers did not succeed in finding its way to the goal, despite the attempts of Batiste Santamaria (55) and Amine Guerre (62). ).
Auxerre responded with Isaac Toure's header from a corner kick (67'), while Nuno da Coste's ball passed over the crossbar of former Rennes international goalkeeper Steve Mandanda (77').

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Spanish Championship: Vinicius restores Real Madrid to the winning streak and temporarily reduces the gap with Barcelona

(AFP) - Real Madrid achieved the desired title holder when it overturned its deficit against its guest, Espanyol, to an outright 3-1 victory, led by its Brazilian striker Vinicius Junior, who temporarily reduced the difference to six points with leaders Barcelona, Saturday, in the twenty-fifth stage of the Spanish League . for football.
This is the first victory for the royal team after two draws in the last two matches with Atletico Madrid and Real Betis, the competitors to qualify for the European championships, and between them a loss against Barcelona 0-1 in the first leg of the cup semi-finals, knowing that the latter is looking for its first title in the league since 2019, as a guest at Athletic Bilbao Sunday, before the expected Clasico with Real next week.
The 14-time European champion played the match in the absence of his French striker Karim Benzema (35 years), the best player in the world, due to an ankle injury, as his Italian coach Carlo Ancelotti preferred not to risk involving him in anticipation of the upcoming summit against his guest Liverpool, England, on Wednesday, in the second leg of the Champions League final. Europe (5-2 back).
Ancelotti made three changes to his squad, which tied with Betis, missing the injured Benzema and replacing him with veteran Croatian Luka Modric. Vinicius Junior and his compatriot Rodrigo played in the foreground alongside the Uruguayan Federico Valverde, Dani Carvajal returned to the right-back position instead of Lucas Vasquez, and Nacho Fernandez played instead of the German Antonio Rudiger in the heart of the defense.
Surprisingly, Joselo opened the scoring early with a wonderful left shot into the far top corner of the Belgian spectator Thibaut Courtois, after receiving a cross from the right by Robin Sanchez, who beat Frenchman Eduardo Camavinga (8).
With an individual effort, Vinicius Jr. dribbled on the left side, before deceiving the defense with a cross sweep and a surprise ground shot into the far left corner of goalkeeper Fernando Pacheco (23). The talented player raised his score to 19 goals with Real this season in various competitions.
Ancelotti praised Vinicius, who became the club's top scorer in various competitions this season, ahead of Benzema, and said in the press conference after the match, "His behavior was perfect. He said nothing and played very well. He must continue in this way."
For his part, Nacho said, "They embarrassed us a bit with their early goal, but the match gives us confidence to face a complicated week."
"When the space opens up, we are a team with players who are very quick in attack (to take advantage of it)," he added.
Real turned the score around with a clever pass from French midfielder Aurelien Choameni, who reversed it with a strong cross, with the help of the crossbar, the heart of Brazilian defense Eder Militao (39). Militao scored all six of his goals for Real Madrid in the league with his head, including four this season.
And in the third minute of stoppage time, substitute Marco Asensio planted a third goal for Real Madrid, with a beautiful left kick from inside the area, after an effort from Nacho (90 + 3).
Valverde almost added the fourth seconds later, but his powerful shot was pushed by the goalkeeper into a corner.
Real calmed down from the rhythm of the match and brought it to safety, before devoting itself to Wednesday’s match against Liverpool, England, in the second leg of the Champions League final, armed with a great victory over its opponent 5-2 in the first leg.
Midfielder Titi Morente saved his last-placed Elche team from losing to its host Valladolid by equalizing in the sixth minute of stoppage time.
Valladolid was on its way to achieving its second successive victory, and its ninth this season, when it advanced with a goal to its Canadian striker, Seal Laran, from the fourth minute, but Morente prevented him from that and saved his team from the seventeenth loss this season.
Elche raised its score to 13 points in last place, compared to 28 points for Valladolid XIII.
Celta Vigo scored a big victory over its guest, Rayo Vallecano, by three clean goals, which were scored by captain Yago Aspas (51 and 85) and Senegalese Bath Cess (a mistake in his team's goal).
Celta Vigo rose to eleventh place, with 31 points, compared to 35 points for seventh Rayo Vallecano.
And Valencia achieved a valuable victory over its guest, Osasuna, with a single goal scored by Dutchman Justin Kluivert (74).
Hugo Horo missed a penalty kick for Valencia in the first minute of stoppage time.
It is the second victory for Valencia in its last three matches and the seventh this season, so it got rid of the penultimate nineteenth place, advancing to the sixteenth temporarily with 26 points, while Osasuna’s balance was frozen at 34 points in eighth place.
Osasuna completed the match with ten players, after midfielder Aimar Uros was sent off in the 86th minute.
Sunday also meets Real Mallorca with Real Sociedad, Seville with Almeria, and Villarreal with Real Betis, to conclude on Monday with Girona's meeting with Atletico Madrid.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

England Championship: Manchester City tightens the screws on Arsenal, Bournemouth, and suppresses Liverpool's spree

(AFP) - Manchester City, the defending champion last season, tightened the screws on leaders Arsenal with a deserved and difficult victory over its host, Crystal Palace, 1-0, on Saturday, in the twenty-seventh stage of the English Football League , which witnessed the fall of Liverpool from its perch after its historic victory over Manchester United by seven. Clean, losing 1-0 to Bournemouth.
At Selhurst Park in London, Manchester City, who dominated the course of the match by a large percentage, suffered a lot and needed a penalty kick in the last quarter of an hour to come out victorious with a clean goal.
City raised its tally in second place to 61 points, trailing only two points from Arsenal, who will visit its neighbor Fulham on Sunday, while Crystal Palace once again failed to achieve its first victory since the beginning of this year in 10 matches.
Manchester City Spanish coach Pep Guardiola decided to rest his Belgian playmaker Kevin De Bruyne, sparing his efforts for the match against German Leipzig in the second leg of the Champions League final next week, after they drew 1-1 in Leipzig in the first leg.
Manchester City found it very difficult to penetrate the organized defense of Crystal Palace, despite its repeated attempts, while the owners of the land relied on quick counter-attacks by its ivory wing, Wilfried Zaha in particular.
The same scenario continued in the second half until City got a penalty kick after obstructing its Portuguese midfielder Bernardo Silva inside the area, and the Norwegian Erling Haaland succeeded in it in the 78th minute.
Haaland raised his score to 34 goals in various competitions this season and 28 is the top scorer in the league since his move to City from Borussia Dortmund.

Bournemouth, bottom of the standings, quelled Liverpool's ecstasy from a historic victory, and dropped it 1-0 with the help of Egyptian Mohamed Salah, who missed a penalty kick in the second half,
And after five matches in which he did not concede, the last of which was the historic victory over rivals Manchester United 7-0, Liverpool fell from its perch by losing to Bournemouth, which is threatened with relegation.
On the other hand, Bournemouth rose from last place to sixteenth temporarily, to respond in its own way to its humiliating loss in the first leg against the red team 9-0, a week after it embarrassed leaders Arsenal when it advanced 2-0 before falling 3-2 in the last breath.
German coach Jürgen Klopp made a single change to Liverpool's winning squad over United, pushing young Spanish midfielder Stefan Paichetic instead of captain Jordan Henderson, while Salah played his 200th match in the English Premier League, a week after he broke the record for his club's goals in the league.
Despite a good start for Liverpool and a header by Dutch defender Virgil van Dyck that was saved by Colombian Jefferson Larma from the goal line, and Brazilian goalkeeper Neto denied Scottish full back Andy Robertson from scoring, Bournemouth caught his breath and set Liverpool into a counterattack.
The host opened the scoring when he dribbled Burkinabe striker Dango Ouattara on the right side and played a cross, quickly snatched it from the center of the area, Danish Philip Billing (28), raising his tally to six goals this season, double what he scored in three seasons.
Midfielder Billing opened the scoring last week against Arsenal 9.18 seconds after the whistle, marking the second fastest goal in Premier League history.
Klopp was not satisfied with his team's performance, so he pushed the Portuguese Diogo Jota instead of Harvey Elliott.
Bournemouth full-back Adam Smith was unlucky when Jota's header bounced off his hand, so the guests got a penalty kick after resorting to the Video Assistant Referee (VAR), Salah wasted it with great carelessness, far from the woods (70).
Bournemouth then succeeded in achieving its sixth victory this season, and Liverpool suffered its first loss in six matches, days before it went into the second leg of the Champions League final, where it fell behind Real Madrid 2-5.

The fourth Tottenham pressured Manchester United the third by defeating Nottingham Forest 3-1, reducing the difference between them to one point, but he played two more matches than the Red Devils.
Tottenham entered the match in a state of weightlessness after failing to score in its last three matches, as it lost 0-1 to AC Milan in the first leg of the Champions League final, then tied it negatively with it at home, and between the two matches it fell to Wolverhampton 0-1 in the league week. the past.
Tottenham advanced through top scorer Harry Kane with a header, out of reach of Costa Rican goalkeeper Keylor Navas (19), after Brazilian Richarlison scored a goal that the referee did not count after resorting to the video assistant referee after 3 minutes had passed.
Kane added the second from a penalty kick (35), raising his tally to 20 goals in the league, consolidating his second position at the top of the scorers’ ranking, behind Manchester City’s Norwegian striker Arling Haaland (27).
South Korean Heung-min Son finally settled the score in favor of Tottenham when he manipulated a Nottingham Forest defender and hit the net (62), and the guests responded with an honorary goal scored by Joe Worll (81).
Chelsea continued its revival recently and returned by winning from Leicester City 3-1. Former Leicester City left-back Ben Chilwell opened the scoring with a left-footed ball "on the fly" (11).
The Portuguese Joao Felix scored a goal that was not counted by the referee for offside (34), before equalizing Zambian Patson Dhaka with a powerful shot from outside the area (39). But German Kai Havertz gave the London team the lead in the last second of the first half when he broke the offside trap and passed the ball over the goalkeeper.
And the Ukrainian winger, Mykhailo Modric, thought that he had scored his first goals with Chelsea since he moved to him in the winter transfer market, but he was offside.
Chelsea settled the score when Croatian midfielder Mateo Kovacic scored the third goal (78), then Leicester completed the final minutes with ten players after his Belgian defender Vout Weiss was sent off after receiving the second yellow card (87).

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Services Rafah calls on the Football Association to hold the Palestinian Super match with Jabal Al Mukaber


Gaza - Ahmed Al-Masharawi and Al-Quds Sports Correspondent

The Rafah Service Club, crowned with the title of the Premier League for football clubs in Gaza Strip last Friday for the seventh time in its history, and the most crowned club with official and promotional titles, called on the Football Association to hold the Palestinian Super League match with Jabal Al Mukaber Club, the champion of the Professional League in the West Bank.

The club directed, through Osama Al-Assar, the club’s secretary, in a statement issued by the club’s management, Lieutenant General Jibril Rajoub, President of the Football Association, to hold the match for the Palestinian Super title, and to participate in the merit of the Jerusalem and Dignity Championship in the new version that will be held with the participation of Jordanian clubs.

Al-Assar mentioned that the Rafah Services Club sent congratulations to Al-Mukabber Club and they discussed the importance of holding the Super Match.

He praised the efforts of the Football Association, headed by Rajoub, in making the current football season a success, indicating that Khadamat Rafah is looking forward to starting a football season and preparing for the upcoming benefits. Al-Assar saluted the club’s system, which succeeded in achieving a new achievement, especially the fans who attended immediately after Al-Akhdar was crowned with the new title.

Announcing the names of the triathlon champions

The Palestinian Triathlon Federation announced the names of the winners of the two races and arranged them according to the new times, and they were honored according to their positions in running, swimming and cycling. The player, Abd al-Rahman Tantish, from Rabat University College, was crowned the Sector Cup title for the Palestine Open Triathlon Championship, by covering the race distance of 750 meters in width. The sea off Gaza City, then a 20-kilometer bike race along Al-Bahr Street, and a 5-kilometer run, with a time of 1 hour and 6 minutes, followed by Muhammad Ashraf Abu Mahadi from the Beit Lahia Youth Club, with a time of 1 hour and 12 minutes, leaving the third place for player Muhammad Maher Tantish From Beit Lahiya, with a time of one hour and 13 minutes, and fourth came Mahmoud Abdel-Samie Jahjouh from the Future Academy, fourth repeated Muhammad Ramzi Salman from Beit Lahia, sixth Hussein Hassan Al-Saidi from the Islamic University, seventh Adham Mahmoud Al-Turk from the Islamic University, and eighth Muhammad Mounir Al-Shaghnoubi from The future, the ninth, Omar Hassan Abu Shaqfa, and the tenth, Salah Ammar Abu Rabi`, and they are from the youth of Beit Lahiya.

The second race

In a race of 5 km running, 20 km by bicycle, then running for a distance of 2 and a half kilometers, the player Ayman Yahya Abu Maghasib from the Islamic University achieved the first place and covered the distance in an hour and 10 minutes, and Muhammad Abdullah Skaik from the Islamic University came in the second place with a time of one hour and 11 A minute, leaving the third place Haitham Sami Abu Bremli from the Future Academy by a small margin, fourth Mahmoud Saad Al-Tarabin from Beit Lahia, fifth Ahmed Muhammad Al-Kurd from Gaza Sports Club, sixth Muhammad Raji Al-Obaid from Atlas Youth Center, and seventh Muhammad Abdul Karim Atallah from the Beach Club And eighthly, Abd Rabbo Ashraf al-Kilani from the youth of Beit Lahiya, ninthly Ahmed Tayseer al-Astal from the Islamic University, and tenthly Iyad Muhammad Abu al-Jedyan from Jabalia.

He added that the race was attended by players over the age of 15, and it started from the North Governorate, the Al-Sudaniyya roundabout, along Al-Rashid Street to the north. At the closing ceremony, the winning champions were crowned, cups were presented to the three winners, and gold, silver and bronze medals were presented to the top five winners.

Amawi contract renewal

Shadi Shabat, Chairman of the Board of Directors of Ittihad Beit Hanoun Club, one of the Premier League clubs, stated that the latter decided to renew Al-Amawi’s contract a day after announcing the end of his season with the club, stressing that the contract with the coach extends to 10 seasons, especially since the club is the only club that has proven itself in the Premier League after its rise before Four seasons from the first, he is looking forward to technical and administrative stability, especially since Al-Amawi promoted the team from the second division to the first, then qualified for the excellent division, and was at the forefront in the golden square during two of the four seasons he played in the lights league.

On the other hand, Shabat mentioned that the club decided to strengthen the team's ranks with a number of players, to strengthen the team's ranks in all lines, especially offensive and defensive, and due to the departure and absence of a number of players due to various circumstances, most notably the trio Abdel Rahman Wishah, Muhannad Abu Zaid and Ahmed Sabah.

He said that the club will announce deals during the coming period, and it was agreed with the players according to the vision of the technical staff, and he promised the fans to overcome the calamity that occurred and compete at the forefront of the league, work to correct mistakes, contract with players, and return again to real competition.

Premier League top scorer

The Competitions Committee announced the top scorer in the Premier League, where the star Alaa Attia, the striker of Al-Ittihad club in Al-Shujaia, won the third place behind Khadamat Rafah, Shabab Rafah, and the captain of the team, by scoring 12 goals, followed by Ittihad striker Youssef Lulu with 11 goals, then Rafah striker, with 10 goals. Al-Shujaia club scored 40 goals in the strongest attack, while Khadamat Rafah club, which won the league title, scored the strongest defense, conceding 7 goals. Attia started his career in the 2010/2011 season. This season, he scored 12 goals out of 40 goals scored by the team in the Premier League, 7 of which came from penalty kicks. Ittihad Khan Yunis Youssef Lulu, who was going to move to the professional league in the West Bank, but the Israeli occupation forces refused his travel, and he followed with 10 goals, Rafah Services striker Muhammad Al-Jarmi, and 9 goals for Al-Hilal striker Muhammad Obaid.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Al-Obaidiya Club ascends to the Professional League

On Sunday evening, Al-Obaidiya Youth Club was promoted to the Professional Football League clubs, for the first time in its history.

Al-Obaidiya secured qualification for the Professional League next season after its rival, Noor Shams Center, withdrew from the confrontation of the two teams that was scheduled at Al-Khader Stadium in the first division, within the matches of the 21st week of the league, to be considered, according to law and order, a winner with three clean goals.

The balance of Shabab Al-Obaidiya rose to 51 points in the lead, 7 points behind the third-placed Askar Center, while Nour Shams, who was previously relegated to the second division, froze his balance at 7 points in the penultimate position.

Al-Sawahrah and Askar Center are competing for the second qualifying card for the Professional League, and Al-Sawahrah is currently in second place with 46 points, and it has two matches remaining against Silwan tomorrow, and against Islami Sur Baher next Friday, against Askar, and it ranks third with 44 points, and it has two matches remaining against Islami Soor Baher tomorrow, and the Crescent of Jericho on Friday.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

French Championship: Marseille falters, and Lens regains its balance

(AFP) - Marseille failed to continue its momentum in the runner-up position when it fell to a disappointing 2-2 draw against its guest Strasbourg, while Lens regained its balance and achieved an important and wide victory over its host Clermont-Ferrand by 4-0, including a "hat-trick" by the Belgian Ikoma Luis Obenda, in the competition. The twenty-seventh stage of the French Football League , Sunday.
With this tie, Marseille raised its score to 56 points in second place, ten points behind leaders Paris Saint-Germain, while Strasbourg rose to fifteenth place with 23 points.
Marseille's goals were scored by Congolese Chancelle Mbemba (49) and Chilean Alexis Sanchez (76 from a penalty kick), while Ivory Coast's Jean Yodis Aholu scored two goals for Strasbourg in the fatal time (88 and 89).
Marseille played the match with ten players since the 29th minute, after Argentine defender Leonard Balerdi was sent off with a direct red card.
On the other hand, Lens regained the winning streak after two draws in the league and elimination against Nantes from the French Cup, when Obinda scored his hat-trick in the first half of the match (30, 34, and 35), before Alexis Claude added the fourth in the 76th minute.
With this victory, Lens raised its tally to 54 points in third place, two points behind Marseille II, while Clermont fell to twelfth place with 34 points.
Monaco failed to consolidate its position in fourth place by losing 0-1 to Reims, scored by Englishman Folarin Balogan in the 51st minute.
The emirate club remained fourth with 51 points, while Reims consolidated its position in eighth place with 43 points.
On the other hand, Nantes snatched a valuable point from Nice, drawing with two goals for the same.
Nice was the first to score through Nigerian Terim Movi (5) before Nantes equalized through Moussa Sissoko (31). The Burundian Youssef Ndayishimiye returned to score the second goal for Nice (71), but the Egyptian international, Mostafa Mohamed, scored the equalizing goal for Nantes in the 88th minute.
Nice raised its tally to 43 points in seventh place, while Nantes remained in fourteenth place with 29 points.
Lorient beat its host Troyes with two clean goals, similar to Toulouse, who also won a double against bottom-ranking Angers, while Montpellier lost to its host Ajaccio 0-1.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Italian Championship: Sassuolo serves Inter and Lazio, and Rabio saves Juventus

(AFP) - Sassuolo served both Inter II and Lazio III, by dropping Roma in their stronghold 3-4 on Sunday in the twenty-sixth stage of the Italian Football League .
The opportunity existed for Rome to prepare well to face its neighbor Lazio next Sunday and to take advantage of the latter’s stumbling in front of Bologna (0-0) on Saturday in order to remove it from third place, and also to become at the same distance from Inter II, which opened the stage on Friday by falling to Spezia (1-1). 2).
But Sassuolo surprised the capital club and brought it down in its stronghold after it scored four goals, thus ending the series of matches that "Galurusi" played with a clean sheet at home in the league since the beginning of the new year.
Instead of being at the same distance from Inter, Roma fell to fifth place, on goal difference, behind Milan, the defending champions, who meet Monday with Salernitana.
And in the absence of his Portuguese coach, Jose Mourinho, who began serving a two-match ban as a result of his expulsion in the previous stage in a 2-1 loss to Cremonese, Roma started the match in the worst possible way after he found himself lagging behind with two clean goals scored by Frenchman Armand Llorente (13 and 18).
But the Polish Nikola Zalewski brought the capital club back to the atmosphere of the match (26), before Albanian Marash Kumbola gifted the guests a penalty kick because of which he sent off Domenico Berardi in the forbidden area, so that the latter would successfully pass him (4 + 45).
The capital club put Argentine Paulo Dybala in between the two halves after he started the match on the bench, and the former Juventus star managed to reduce the difference with a beautiful shot from outside the area (50).
However, the guests struck again through Andrea Pinamonte after a pass from Llorent (75), confirming the first-ever victory for his team over Roma in the capital and only the second out of 20 confrontations that brought together the two teams in the first division, despite the Dutch captain Jorginho Wijnaldum’s ability to reduce the difference late ( 4+90).
In Turin, Frenchman Adrien Rabiot played the role of the savior and led Juventus to restore its balance after the fall of the last stage against Roma (0-1), by scoring a double in the hard-fought 4-2 victory over bottom club Sampdoria.
After two participations for a few minutes in the matches of the last two stages against Turin (2-4) and Roma, French midfielder Paul Pogba returned to miss Juventus due to an injury that delayed his official start with his new-old team for many months.
The Frenchman was supposed to participate in Sunday’s meeting after he missed the second leg of the “Europa League” final on Thursday against Freiburg (1-0) for disciplinary reasons, but a muscle injury kept him out of the squad, according to what was reported by the Turin giants, who also missed his Argentine star, Angel Di Maria. Federico Chiesa and Brazilian Alex Sandro were injured and Moise Kean was suspended for being sent off against Roma seconds after entering.
Despite the absences, Massimiliano Allegri's team started the meeting promisingly, after advancing with two headers from the Brazilian Bremer (11) and Rabio (26).
But two goals in just 72 seconds, through Tomazo Ojello (31) and Serbian Philip Djorcic (32), launched the match from scratch, amid the shock of the "Allianz Stadium" fans.
Rabio returned to impose himself as the champion of the meeting with his seventh goal this season in the league after a pass from Nikola Faguli (64), then the Serbian Dusan Vlahovic got the opportunity to score the fourth goal for the owner of the land from a penalty kick that Colombian Juan Cuadrado snatched, but he hit the post (69).
The result remained the same until the last seconds before Argentine substitute Matias Sole added the fourth with a header (4 + 90), confirming the victory with which Juventus raised its score to 38 points in seventh place until further notice, pending the outcome of the appeal submitted to restore the 15 points that were deducted from his balance for accusing him. falsifying financial statements.
And after his visit to Freiburg on Thursday in the second leg of the Europa League final, Juventus will face a grueling test in Milan against Inter on Sunday in the next stage in a “rehearsal” for his confrontation with “Neratsuri” in the semi-finals of the cup competition.
Fiorentina continued its positive results in recent times by achieving its fifth successive victory in all competitions, and it came at the expense of its host, bottom club Cremonese, 2-0, raising its score to 34 points in eleventh place, by a point ahead of Montsa, who tied with its host Hellas Verona eighteenth, 1-1. .
Turin strengthened its chances of continental participation next season by defeating its host Lecce 2-0, raising its score to 37 points in ninth place, a point behind its arch-neighbor Juventus.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

England Championship: Arsenal move away again, and Casemiro causes United to stumble

(AFP) - Arsenal restored the difference that separated it from its pursuit of champions Manchester City, by defeating its host and neighbor Fulham 3-0, while Manchester United stumbled again, this time with a goalless draw with its guest, Southampton, Sunday, in the 27th stage of the tournament. Premier League , affected by the expulsion of Brazilian Casemiro.
In London, Arsenal continued its march towards the first title since 2004 and the days of French coach Arsene Wenger, by achieving its fifth successive victory at the expense of its neighbor, who had not tasted victory over the "Gunners" since January 2012 when he beat them 2-1 in the same stadium.
And after City narrowed the difference to two points by defeating the other London club, Crystal Palace, 1-0, on Saturday, Arsenal returned it to five points with its twenty-first victory for the season.
Spanish coach Mikel Arteta's team settled the match in which he regained the services of Brazilian Gabriel Jesus after a four-month absence due to injury, in the first half, after he finished ahead by 3-0.
Arsenal dominated the match from the first whistle and succeeded in compensating for a friendly fire goal scored by American Anthony Robinson by mistake due to the offside of Brazilian Gabriel Martinelli, by opening the scoring in the 21st minute through the other Brazilian Gabriel with a header following a corner kick carried out by the Belgian Leandro Trossard.
Then Martinelli quickly added his twelfth personal goal in the league this season, also from a header, following a cross from Trossard (26), who imposed himself as the star of the match par excellence because he was also behind the third goal after he delivered the ball to the Norwegian Martin Odegaard after a quick counterattack, so he controlled it. The latter hit his chest before firing it into the net of German goalkeeper Bernd Leno (45+2).
Thus, the Belgian became the first player to make three assists during the first half of an away match in the history of the Premier League, according to "Opta" statistics.
The Belgian commented in a statement to "Sky Sports" about his presentation, saying, "When we win, you are always happy. We knew it was a difficult match. We did a really good job... It's a perfect victory for us," expressing his "happiness" with the three assists because " I always try to contribute. Today things went just as I wanted them to."
For the remainder of the season, "Now we have 11 finals ahead of us. We'll take it one game at a time. Today we played a great game."
Captain Odegaard praised his Belgian colleague, saying, "He brings a lot of great things to the team. I love playing with him. He's good at making the right pass. We're really happy to have him in our team" after his arrival to the London club in January from Brighton.
Arsenal's performance declined in the second half, coinciding with the awakening of Fulham, who threatened goalkeeper Aaron Ramsdale on more than one occasion and hit the crossbar through Tosin Aradapioyo's header (70).
But the result remained the same until the end of the match, which saw Jesus enter in the 77th minute instead of Trossard, to record his return to the London team after recovering from knee surgery he underwent as a result of his injury with his country in November while participating in the Qatar World Cup.
At Old Trafford, Manchester United stumbled again, this time with a goalless draw at home to Southampton, affected by a numerical shortage in its ranks since the 34th minute after Casemiro received his second red card this season as a result of a harsh mistake on Argentine Carlos Alcaras, which means he can be suspended. for four matches.
Dutch coach Eric ten Hag's team entered the match on the back of its historic humiliating defeat in the last stage at home to rivals Liverpool by seven clean.
It seemed that the "Red Devils" put behind them this humiliating defeat by defeating Spain's Real Betis 4-1 in the first leg of the Europa League final.
But the expulsion of Casemiro, who first received a yellow card before the referee reversed his decision after reviewing the “VAR” and raised the red, held his mission on Sunday and forced him to settle for a point that raised his tally to 50 points in third place, 16 points behind leaders Arsenal and two points from Tottenham fourth. Saturday's winner over Nottingham Forest 3-1.
After a series of three draws and two defeats in the past five stages, Newcastle returned to the winning streak and took advantage of Liverpool's fall on Saturday against Bournemouth (0-1) to remove it from fifth place, by beating its guest, Wolverhampton, 2-1.
Newcastle, who played two matches less than the fourth Tottenham, who is ahead by 4 points, owes its eleventh victory to Paraguayan Miguel Almiron, who gave him the three points nearly 10 minutes after entering from the bench, in a meeting that the landowner finished his first half ahead of through the Swedish Alexander Isaac (26). ) before South Korean Hee-Chan Hwang equalized for the guests in the second half (70).
West Ham, who is fighting to avoid relegation to the second level, contented themselves with a point of equalization with its guest Aston Villa, with a goal by Algerian Saeed Ben Rahma (26 from a penalty kick) against a goal by Ollie Watkins (17), raising his score to 24 points in the seventeenth place, on goal difference in front of Bournemouth is the eighteenth, while its guest score is 35, in the eleventh place.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Spain Championship: “VAR” saves Barcelona from a frustrating stumbling

(AFP) Leaders Barcelona survived a frustrating draw when the video assistant referee canceled a goal for Athletic Bilbao and gave its Catalan guest a 1-0 victory, in the twenty-fifth stage of the Spanish Football League on Sunday.
With this victory, which Barcelona achieved with the goal of Brazilian Rafinha, it strengthened its lead with 65 points, restoring the nine-point difference with its second rival, Real Madrid, who will meet next week in the El Clasico at the “Camp Nou” stadium.
This is Barcelona's second successive victory in the league, and he played a difficult match away from home in the absence of his Uruguayan defender Ronald Araujo due to suspension.
Indeed, the Catalan club opened the scoring at the end of the first half through Rafinha, who received inside the area an elaborate pass from Sergio Busquets and slotted the ball into the net (45 + 2). The referee returned to “VAR” to verify the correctness of the goal after the line referee raised the offside flag.
However, the second half was difficult for the guests, with a pressing attack from Bilbao, amid the brilliance of German goalkeeper Marc-Andre Ter Stegen on more than one occasion.
Two minutes before the end of the regular time of the match, Bilbao scored a beautiful goal from a single goal by the Ghanaian-Spanish Iñaki Williams, but the return to video technology confirmed the presence of a handball at the beginning of the game on Iker Munyan, to be canceled.
The two leaders tackled two balls from Bilbao amid defensive arrogance from Barcelona, so the Catalan club achieved an important victory.
Real Sociedad continued wasting points and faltered for the second match in a row when they drew 1-1 with Real Mallorca.
This is the fourth consecutive match in which Sociedad has failed to win (three draws and a loss), and it has only won once in its last nine league matches. Thus, the Basque club's efforts to ensure its position among the top four are in vain.
This tie comes to Sociedad after it also lost in the first leg of the final price of the “Europa League” competition, with two clean goals, against Italian Roma and its Portuguese coach, Jose Mourinho, who will visit the Basques next Thursday in the second leg.
Despite this frustrating draw, Sociedad is still in fourth place with 45 points, similar to Atletico Madrid III, who is a guest on Girona on Monday, while Mallorca is in tenth place with 32 points.
The match witnessed the dismissal of Real Sociedad captain Mikel Moreno in the 90th minute with a direct red card, five minutes before the final whistle.
Sociedad took the lead early on through Carlos Fernandez with a beautiful shot from inside the penalty area in the third minute, before the hosts equalized through South Korean Lee Kang-In (50).
On the other hand, the struggling Seville achieved an important victory over Almeria 2-1, to rise to thirteenth place, two points above the relegation zone, leaving its guest in the penultimate nineteenth place.
Sevilla suffered a severe loss in the last stage against Atletico Madrid 1-6.
Argentine coach Jorge Sampaoli made five changes to the squad that beat Turkish Fenerbahçe 2-0 in the first leg of the Europa League final on Thursday, in an attempt to revive his team.
But Almeria took an early lead, with the goal of Sergio Akemi from Equatorial Guinea (2), who was injured after ten minutes with his Malian colleague Bilal Toure (12), before the Moroccan goalkeeper of Seville, Yassin Bono, caught up with them after a collision with fellow Brazilian Alex Telles (37).
Sevilla indicated, through his Twitter account, that Bono had been transferred to the hospital and would undergo examinations.
And when the first half was taking its last breath, Seville returned to its home stadium, “Ramon Sanchez Pisjuan,” with the goal of Argentine Lucas Ocampos (45 + 2 from a penalty kick), before the other Argentine Eric Lamela (73) gifted him the three-point goal and victory.

SPORT

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Al-Jalaa and Al-Aqsa achieve two farewell victories over Al-Islami and Khan Yunis, and are relegated to the first division



Al-Jalaa Club achieved a farewell victory at the expense of the Islamic Complex, with a score of 1-0, scored by Khamis Al-Helou in stoppage time in the 90 + 2 minute, at the Palestine International Stadium, at the end of the 22nd week’s meetings, in the second leg of the first division – the general league of the football season. 2022-2023.

Despite this, Al-Jalaa Club was relegated to the second division, three seasons after its relegation from the Premier League, and continued its setback and decline towards the lower levels.

Thus, the Islamic Complex remained with 22 points in the ninth place, and Al-Jalaa Club in the 12th place raised its score to 9 points, which it achieved from two wins and 3 draws, and it fell to the second-last degree in the classification of the sector clubs.

Ahly Nuseirat Services Bureij

In a second match, Khadamat Al-Bureij Club achieved a valuable and moral victory over its neighbor Al-Ahly Al-Nuseirat Club, with a score of 5-1, at the Shahid Muhammad Stadium, scored by Muhammad Saqr in the 20th minute, Ahmed Al-Kurnaz – a brace in the 62nd minutes, 90 + 7, and Baha Al-Daalsa in the minute. 90 + 5, and Muhammad Abu Shawqa in the 90 + 9 minute, and Muhammad Abu Toha scored for the people of Nuseirat in the 74th minute. Thus, Al-Bureij services raised its score to 27 points in the eighth place, and the people of Nuseirat remained in the tenth place with 22 points.

Beit Hanoun Al-Ahly - Beit Lahiya

In a third match, Beit Lahia Club achieved a precious and arranged victory over Beit Hanoun Al-Ahly Club, with a score of 2-0, at Beit Hanoun Municipal Stadium, scored by Muhammad Al-Badi in the 20th minute, and Fadel Abu Riyala in the 80th minute.

Thus, Beit Lahia raised its score to 31 points, and jumped from sixth to fifth place, behind its rival Beit Hanoun Al-Ahly with 35 points in fourth place, and remained in the golden square.

Khan Yunis services - Al-Aqsa

In the last match of the 22nd week, at the conclusion of the First Division Championship, Al-Aqsa achieved a farewell victory at the expense of its host, Khan Younis Club, with a score of 3-1, at the Khan Younis Municipal Stadium.

Khan Yunis advanced through Muhammad Hammouda in the 10th minute, and Al-Aqsa responded with a hat-trick by Abdullah Al-Najjar in the 44th minute, Alaa Al-Byouk in the 86th minute, and Muhammad Abed in the 90th minute + 2.

Thus, Al-Aqsa raised its score to 21 points in the 11th place, penultimate, and officially confirmed its relegation to the second division, accompanied by its follow-up, and Khan Yunis services remained with 28 points and fell to fifth place.

ARAB AND WORLD

Wed 15 Mar 2023 5:52 am - Jerusalem Time

Saddam Hussein's two yachts are witnesses to the "opulence" of the former regime in Iraq

(AFP) - In southern Iraq, twenty years after its fall as a result of the American invasion, Saddam Hussein's two yachts are still the perfect witness to the former Iraqi president's paranoia. One of them floats rusty in the middle of the river, while the second is open to visitors.


In the city of Basra in the far south of Iraq, only about 500 meters separates "Al-Mansour", Saddam's yacht that was hit by raids by US planes in 2003, and the "Basra Breeze" yacht, which was placed at the disposal of the Maritime Studies Center.


The Basra Breeze, which Saddam never sailed, is anchored on one of the docks of the Shatt al-Arab, the confluence of the Tigris and Euphrates rivers.


The yacht has been open to visitors since January, three days a week.


"Everyone who visited the presidential yacht was stunned by the lavishness of the previous regime," said Sajjad Kazem, a professor at the Center for Marine Sciences at Basra University.


Time has stopped on this boat. In a small room, old telephones still lay on a large desk. In the Presidential Suite, a king-size canopy bed, elegant bedside lamps, old-fashioned sofas, and a large dressing table. As for the bathrooms, they are equipped with gold washbasins.


This is not surprising since Saddam Hussein, who ruled Iraq between 1979 and 2003, was known for his outrageous extravagance.


The 82-meter-long yacht, made in Denmark and delivered to Saddam in 1981, can accommodate 30 passengers and a crew of 35.


The yacht has 13 rooms, three meeting rooms, and a helipad. It also has a secret passage leading to a submarine, allowing escape in the event of danger, as recorded on an information board.


"At a time when the Iraqi people were living the scourge of wars because of Saddam and the suffocating economic blockade, Saddam owned such a yacht," says Kazem, 48 years old.


Fearing reprisals during the Iran-Iraq war in the eighties, Saddam, who did not use the yacht, handed it over to the royal family in Saudi Arabia, before the yacht ended up in Jordan, as Kazem mentions.


In 2008, the boat, which was anchored in Nice, became the center of a legal battle, as the Iraqi authorities claimed its ownership after it was offered for sale for $ 35 million by a company based in the Cayman Islands.


University professor Abbas Al-Maliki, who came to visit the yacht, says, "What I liked are the old things, such as faxes and old telephones. They brought me back in memory, to before the Internet."


And the man added, "I wish the former regime had cared about these matters in order to serve the people and not for the sake of serving its personal interests."


As for Mansour's yacht, it is still half submerged with its rusty hull in the Shatt al-Arab River in central Basra.


The yacht, which is 120 meters long and weighs more than 7,000 tons, was made in Finland and delivered to Iraq in 1983, according to the website of its Danish designer, Knud E Hansen. It can accommodate 32 passengers and a crew of 65.


The yacht was moored in the waters of the Gulf, and before the US invasion, Saddam moved the yacht to the waters of the Shatt al-Arab "in order to protect it from the strikes of US aircraft," but the plan "failed," as the marine engineer Ali Muhammad, who works on the "Basra Breeze" yacht, explains.


In March 2003, international coalition planes bombed Mansour's yacht.


The director of the Basra Governorate Antiquities and Heritage Inspectorate, Qahtan Al-Obaid, told AFP that the yacht "was bombed more than once over more than one day... It was subjected to several raids, I think it was bombed three times at different times, but it did not sink."


In photos taken by AFP in 2003, al-Mansur is still floating on the water, with the upper floors burned by air strikes. In June 2003, the yacht began to tilt to one side.


Al-Obaid says that the yacht began to overturn "because of the theft of the pumps in the engine rooms. There were openings through which water entered. Water leaked into the engine rooms, which led to its overturning."


In a country ravaged by war for years, the authorities in recent years launched a campaign to salvage the wreckage of small boats sunk in the Shatt al-Arab.


But getting rid of Mansour's yacht is a big challenge.


Al-Abeed explains that "recovering it is very expensive and difficult. The yacht is big and needs to be cut into parts and then lifted."

ARAB AND WORLD

Wed 15 Mar 2023 5:52 am - Jerusalem Time

China resumes issuing visas after three years of restrictions

(AFP) - Starting Wednesday, China will resume issuing "all types of entry visas", including tourist ones, after strict restrictions imposed for three years that closed the country to the world due to the Covid-19 epidemic.


China, the first country in which the then-unknown virus spread, suddenly closed in March 2020 all its borders to entry visa holders, including residence permit holders, for fear of a new wave of infections from abroad.


At the height of the epidemic, many foreign residents found themselves unable to enter the country after leaving China while the Chinese authorities drastically reduced the number of international flights.


However, these procedures were gradually eased with the resumption of issuing entry visas for business or for family reunification.


However, movement between China and abroad remained very limited for about three years due to the imposition of a mandatory quarantine upon arrival in Chinese territory for all arrivals.


Last December, China abruptly lifted most of the measures it imposed in three years, which were among the toughest in the world and severely affected its economy and sparked protests across the country.


In January, the Chinese authorities abandoned the mandatory quarantine for travelers arriving from abroad, which was one of the most prominent measures within the framework of the "zero Covid" strategy adopted by the government.


The suspension of tourist entry visas since 2020 was the last measure still in effect within this strict health policy.
Starting Wednesday, China will again start issuing "all types of entry visas" to foreign nationals, according to a memorandum published by the Chinese Foreign Ministry.


The Chinese embassies in the United States and France published a similar note electronically.


In addition to new applications that will be studied and approved, visas issued before March 28, 2020 that are still valid will allow their holders to enter China, as stated in the memorandum.


The announcement will allow those arriving to Shanghai on cruise ships or to the tourist island of Hainan (south), as well as to some tourist groups coming from Hong Kong and Macau and from countries belonging to the Association of Southeast Asian Nations, to travel without a visa.


This announcement comes after the conclusion of the important annual session of the Chinese parliament, which approved President Xi Jinping's assumption of a new five-year term, his third at the head of the country, and the appointment of a new prime minister.


Chinese Prime Minister Li Qiang warned Monday that it would be difficult for his country to achieve its growth target of "about 5 percent" this year, one of the lowest levels of growth in decades in the world's second economic power.


In 2022, China recorded a growth of 3%, far from the primary target of 5.5%, under the influence of health restrictions and the real estate crisis, which had a severe impact on economic activity.


Before closing its borders to the world, China received about 65.7 million international visitors in 2019, according to figures from the United Nations World Tourism Organization.


Since January, Chinese nationals can again leave the country for sightseeing tours.


During the epidemic, only movement for emergency reasons was permitted, while the Chinese authorities suspended the issuance of passports.