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Saudi Communications Minister Meets with Heads of Meta, Google to Boost Kingdom’s Digital Economy

The Saudi Minister of Communications and Information Technology met with the CEO of Meta. SPA
The Saudi Minister of Communications and Information Technology met with the CEO of Meta. SPA
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Saudi Communications Minister Meets with Heads of Meta, Google to Boost Kingdom’s Digital Economy

The Saudi Minister of Communications and Information Technology met with the CEO of Meta. SPA
The Saudi Minister of Communications and Information Technology met with the CEO of Meta. SPA

The Saudi Minister of Communications and Information Technology, Eng. Abdullah bin Amer Al-Swaha, met with the CEO of Meta, Mark Zuckerberg, during an official visit to the United States to enhance cooperation in the fields of AI and modern technologies, develop digital capabilities, and support developers and innovative solutions for leading companies.

Al-Swaha also met with the President and Chief Investment Officer of Alphabet and Google, Ruth Porat, to discuss opportunities for partnership and cooperation in AI, data analysis, and cloud computing.

They also explored enhancing investment opportunities to develop the Kingdom’s digital economy, digital infrastructure, and capabilities to support innovation and boost the Kingdom’s position in the tech sector.

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TotalEnergies Reportedly Considers Foray Into Copper Trading

FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
TT
TT

TotalEnergies Reportedly Considers Foray Into Copper Trading

FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa
FILED - 21 January 2022, Berlin: The logo of the energy company TotalEnergies is pictured at one of its gas stations in Berlin. Photo: Fabian Sommer/dpa

France's TotalEnergies is considering a move into trading copper, expanding its oil trading operations into metals to capitalize on the global energy transition, the Financial Times reported on Sunday.
The oil major has been "studying the case" for trading copper, Rahim Azouni, senior vice president of crude, fuel and derivatives trading, told a closed-door conference in London on Wednesday, the FT said.
Azouni said the company has not decided whether to make move, the newspaper said, citing people who had heard his remarks.
TotalEnergies did not immediately respond to Reuters request for comment.
The company would be following Vitol, the world's top energy trader, which this year diversified into metals trading.
The energy transition, which includes electric vehicles and renewable energy technologies, will need large volumes of metals including aluminium, copper, nickel cobalt - providing lucrative opportunities for traders.