News roundup - Tuesday, 25 July, until 3pm

Ljubljana, 25 July - Below is a roundup of major events on Tuesday, 25 July, until 3pm local time:

Another batch of storms causes damage

LJUBLJANA - Slovenia has been pummelled by another batch of storms that resulted in power outages and additional damage to infrastructure. The west of the country and the Celje area in the east were worst hit. Train services have been disrupted, the Slovenian Railways said, warning about delays on international trains too. The orange alert remains in place for the entire country today, and there is a chance of afternoon hailstorms in the south.

Ljubljana-based IRCAI partners with Amazon to support AI-driven climate change solutions

LJUBLJANA - The Ljubljana-based International Research Centre for Artificial Intelligence (IRCAI) and Amazon Web Services announced the launch of a first-of-its-kind global programme to support entrepreneurs and startups using advanced cloud computing and AI to create new solutions addressing the climate crisis. Applications for the Compute for Climate Fellowship are now open.

NLB funding purchase of Capital Plaza complex in Montenegro

LJUBLJANA/PODGORICA, Montenegro - The Ljubljana-based NLB bank and its Montenegrin subsidiary have signed an agreement on a ten-year, EUR 24 million loan to the Israeli shopping centre operator BIG CEE, which will be used to purchase a commercial and residential complex in the Montenegrin capital of Podgorica. "The approval of a long-term loan for the Capital Plaza project further confirms the focus on supporting investments and developing business opportunities," the bank said.

Number of tourists up 6% in first half of 2023

LJUBLJANA - A total of 2.47 million tourists were recorded in Slovenia in the first half of the year, which is 6% more than in the same period last year. Nights amounted to nearly 6.26 million, up 3.9% year-on-year. While the numbers for local tourists dropped significantly, a sharp increase was recorded in foreign tourists. The latter accounted for two thirds of all arrivals at almost 1.76 million, which is 39.2% more year-on-year.

Business sentiment down for 7th consecutive month in July

LJUBLJANA - Business sentiment decreased in July for the seventh consecutive month, down 1.6 percentage points compared to June and 5.5 percentage points compared to July 2022, with the relevant indicator standing at -6.5 points, data from the Statistics Office shows. Three sub-indicators had a negative impact on business sentiment in July - the sentiment indicator for retail lost 0.8 points, outlook in the services sector was down by 0.6 points and in manufacturing by 0.5 points.

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