(MENAFN- Markets Research Reports)
An electric brake booster , also known as an electric vacuum pump or electric brake assist, is a device used in automotive braking systems to provide power assistance to the braking system. It is designed to enhance the performance and efficiency of the braking system, particularly in vehicles equipped with hybrid or electric powertrains.
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In traditional braking systems, vacuum generated by the engine is used to provide power assistance to the brake booster. However, in hybrid or electric vehicles, the absence of a traditional internal combustion engine limits the availability of vacuum. This is where an electric brake booster comes into play.
An electric brake booster utilizes an electric pump to generate vacuum or provide direct power assistance to the brake master cylinder. The pump is typically driven by an electric motor and can be activated when the brake pedal is depressed or in response to certain vehicle conditions.
The brake booster assists in reducing the amount of effort required to operate the brakes, making braking more responsive and efficient. It can improve braking performance in various situations, such as emergency stops or when regenerative braking in hybrid or electric vehicles is insufficient.
The specific design and implementation of electric brake boosters can vary among vehicle manufacturers. Some systems may integrate the electric booster with other safety and driver-assist features, such as electronic stability control or adaptive cruise control, to enhance overall braking performance and vehicle safety.
It's worth noting that while electric brake boosters are becoming more common in hybrid and electric vehicles, traditional vacuum-assisted brake boosters are still widely used in vehicles with internal combustion engines.
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Deloitte places USD79B price estimate on Rome's historic Colosseum
(MENAFN) The Colosseum, the most recognizable structure from ancient Rome, may contribute roughly 1.4 billion euros (USD1.4 billion) annually to Italy's gross domestic product, but its true worth is significantly more.
The "social asset value" of the Colosseum, or the intangible worth that Italians place on its very existence, is estimated by Deloitte LLP to be approximately 77 billion euros (USD79 billion).
The consulting firm stated in a study released on Monday, "this value is perceived by most Italians, and not just those who visit it.”
While estimating the Flavian Amphitheater's economic contribution—the Colosseum's official name—is straightforward enough, evaluating its worth is anything but. Simply add the direct value of tickets sold to an estimate of the influence its visitors have on other enterprises.
Deloitte bases its assessment on a poll that asks respondents how much they would be prepared to pay to maintain a good or service, in spite of that they make "no direct use of it, may not benefit even indirectly from it, and may not plan any future use for themselves or others.”
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Dubai, Oct 2 (IANS) Images of Mahatma Gandhi, the leader of Indias freedom movement, will be displayed on Dubais Burj Khalifa on Friday as a tribute on his 151st birth anniversary.
The Indian Consulate in Dubai in a tweet said it would telecast live through its social media pages a special programme on "Relevance of Gandhi's message in the 21st century" at 7 p.m., followed by a LED projection on Burj Khalifa at 8.15 p.m., reports Gulf News.
On Gandhi Jayanti in 2018, a special LED show on the Burj Khalifa marked the commencement of the two-year line up of programmes of 150 years of Gandhian ideologies in the United Arab Emirates (UAE).
The show was jointly organised by the Indian Embassy in Abu Dhabi, the Consulate and Emaar Properties.
Images of Gandhi and the Indian flag were beamed on the world's largest LED-illuminated facade once again on the same day in 2019.
"The special Gandhi show on Burj Khalifa will be live-streamed on social media pages of the consulate. We are thankful to Emaar for their support," the Indian Consulate told Gulf News earlier in the week.
Meanwhile, Consulate officials is also holding a cleanliness drive in the premises of the mission.
With the support from the Indian community, 151 trees will be planted on different sites to mark the occasion.
The annual debate for students, held under the patronage of the mission at GEMS Our Own Indian School, will be organised online due to Covid-19.
Essay writing and drawing competitions are also being organised for students.
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Athlete Spotlight: James Wood wrestler Matt Artrup
James Wood High School 15-year-old freshman
Weight class: 113 pounds
Parents: Brenda Newpher and Carl Streit
Hometown: Reno, Nev. (moved to Winchester six years ago)
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(MENAFN- GetNews) Aaron Morris is a British comedian that has appeared in several films, TV shows, and series, including the South Side Story, If Women Fought Wars, My Reluctant Friend, and No Mercy. Aaron is returning to stand-up comedy and podcasting after a few years of a pause due to depression.
Aaron has made thousands smile through his witty stand-up jokes and stunts while feeling under the weather himself. He has fought and won the battle against depression, which led him away from his passion for comedy for a couple of years. His grand return is a breath of fresh air in the gloomy era of lockdowns, viruses, and social distancing that have beset the world.
Aaron Colin Cecil Morris was born in Gravesend, England. He started his career in the radio industry when he was 19. Chris Mott was Aaron's co-host, who later helped Aaron develop his Aaron Morris Podcast.
The podcast took off the ground in 2011, merely a year after Aaron entered the stand-up comedy scene. Aaron's podcast had an enviable start, featuring guests such as Ray Peacock and Joel Dommett, which substantially increased the show's popularity.
Aaron Morris has also showcased his brilliant acting skills while appearing in an episode of South Side Story in 2015. He also had a couple of other roles in titles including If Women Fought Wars, My Reluctant Friend, and No Mercy.
More information about Aaron Morris comedian can be found on his official Twitter account .
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Silverstreaks win two in Eden-Valley-Watkins
The Osakis wrestling team picked up two team wins during a quadrangular meet hosted by Eden Valley-Watkins on Friday, December 20.
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(MENAFN- The Peninsula) Doha: As businesses gradually open to customers, several have adopted measures to prevent the coronavirus (COVID-19) spread while keeping economic activities active. For many restaurants in Qatar, the traditional physical menu cards are now being replaced by digital versions (QR Code menu).
Diners can scan the QR Code menu using their mobile phones to access the restaurant food options. This contact-free measure limits contact between diners and restaurant crews, especially since social distancing has become fundamental in the new normal.
The Qatari government's response to the global pandemic has been hailed for its positive impact and rightly so.
Nevertheless, despite the policies like compulsory wearing of face masks, using the Ehteraz application for contact tracing, and restaurants registering the names and contact details of diners, many people are still wary about dining out and using the QR Code.
'Some customers have some knowledge what to do with the process (scanning the QR Code menu), while others we may need to show them how to use it. We were already considering using the contactless menu before the coronavirus outbreak, so having it now has been part of our plans, said a restaurant manager at Souq Waqif.
However, some diners have called for restaurants to ensure people don't touch the menu card, which contains the code as it defeats the purpose of being contactless. Many diners, on the other hand, hope the paper menus remain a thing of the past.
'We have had some customers casually pick up the QR Code card instead of them to scan with their cameras. When that happens, we quickly sanitise the card and suggest our customers rewash their hands.
'Sometimes people pick the card out of habit. It's the new normal, and we are all probably still getting used to it, he added.
Beyond limiting contact to prevent the spread of COVID-19, the option also helps businesses understand customers' menu choices better, track how many people accessed the virtual menu and keep count of how many unique scans were made.
Using the contactless menu allows restaurants to monitor how many new customers visited their outlet. It also provides a perfect mix of being cost-effective and delivering rich customer engagement.
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Qatar Panel Attends 30th GCC Municipal Meeting in Riyadh
(MENAFN- QNA) Senior officials from the Ministry of Municipality and Urban Planning represented Qatar at the 30th Meeting of GCC municipalities held at the headquarters of GCC General Secretariat in Saudi Arabia's capital Riyadh.
Doha Municipality Director Engineer Mohamed Ahmed Al-Sayyed led Qatar's panel comprising Public Affairs Director Hamad Ali Al Kaabi, Communications Officer Sultan Khamis, members Misbah Shiban Al Kuwari and Abdullah Hamad Al Baker.
The officials discussed reports of specialised technical teams, the GCC Award for Municipal Work, beautification of cities, the unified GCC building code and the preparation of a unified GCC Strategy for municipalities, he said.
The officials also talked about development centres and municipal training departments. They approved the reorganization of special municipal work groups and setting up workshops.
Qatar will host the 19th meeting of GCC municipal ministers on October 22. This meeting will be preceded by the 31st meeting of senior municipal officials on October 20 and 21.
The 25th meeting to GCC municipalities communications officers will be held on October 19. The second meeting of the committee for the GCC Award for Municipal Work will be held on October 18.
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(MENAFN- The Peninsula) The Peninsula
Doha: Hamad Bin Khalifa University (HBKU) recently travelled to Kuwait City to meet with representatives from Kuwait University and explore its facilities, graduate programs, and future collaborations.
Faisal Al Mohannadi, senior student engagement supervisor, met with Dr Ali Al Namy, dean of student affairs, and Salman Al Anzi, assistant dean for student services, at the Deanship of Student Affairs at Kuwait University.
Dr Al Namy provided a comprehensive overview of the role student affairs plays in ensuring the effective management of student unions and clubs.
The initiative was part of a wider Kuwait visit encompassing various departments and sports-related initiatives.
As part of the Kuwait University visit, the delegation visited the College of Engineering and Petroleum and met with Dr Khaled Al Hazza, associate dean for student affairs at the college. The itinerary also included a tour of the College of Graduate Studies, represented by Dr Bader Al Bidawi, dean of the college.
Additional visits included meetings with the cultural, sports, and academic guidance departments. HBKU regularly collaborates with local and international partners to promote knowledge exchange, explore ongoing partnerships, and showcase its innovative approach to delivering world-class graduate programs.
The university's student affairs department is actively engaged with the internal community and external stakeholders at-large.
It plays an active role in strengthening the cultural and social fabric within HBKU, while ensuring inclusivity and nurturing diversity within.
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(MENAFN- Muscat Daily) Muscat- The judges of the 2018 Sony World Photography Awards have honoured the works of two Omani photographers by commending their photographs as being among the top 50 in the world in the awards' Open competition.
Organised by the World Photography Organisation, the Sony World Photography Awards is the world's most diverse photography competition. The 11th edition saw a record breaking 320,000 submissions by photographers from more than 200 countries and territories, presenting some of the world's finest contemporary photography captured over the past year. The international range of entries display a huge diversity of imagery in terms of genre, style and subject matter across the awards' four competitions: Professional, Open, Youth and Student Focus.
In the Open competition, which rewards the best single image across ten categories, an Omani duo has been honoured.
Abdulla al Mushaifri is an Omani national now living in Qatar. He won appreciation for his entry in Landscape & Nature.
Hamed al Ghanboosi's work was awarded in the Street Photography category.
Mushaifri took his image 'Milky Way Flower' in Wadi Bani Khalid.
In the Street Photography category, Ghanboosi stood out with the image 'Playing Time', a joyful shot of young kids playing football at a playground in Naryn, Kyrgyzstan.
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(MENAFN- UkrinForm) On April 3, 2024, Russian troops deliberately targeted a solar power plant situated behind the lines in Ukraine.
The relevant statement was made by Ukrenergo National Power Company Board Chairman Volodymyr Kudrytskyi during a press conference at Media Center Ukraine - Ukrinform.
“Yesterday, the enemy attack targeted a solar power plant. As far as I remember, it is the first deliberate attack on a renewable energy facility,” Kudrytskyi told.
In his words, this is not about attacks launched within the area of hostilities but a deliberate strike on a plant situated behind the lines.
Kudrytskyi mentioned that, in view of the warm weather, the consumption rate of electricity was reducing. Thus, there is no acute shortage in Ukraine's energy system. At the same time, there is a seasonal rise in the production of electricity by solar power plants.
A reminder that Russia intensified attacks on Ukraine's energy objects in contrast to last year.
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12 area students receive CLV scholarships
BEMIDJI – Twelve area elementary students will be honored this month as they are awarded scholarships to attend weeklong immersion camps at Concordia Language Villages.
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Dubai real estate market experiences strong activity with big deals
(MENAFN) The Dubai Land Department reported substantial activity in the real estate sector for the past week, with transactions totaling 13.7 billion dirhams across 3,653 transactions. These transactions encompassed various types, including sales, mortgages, and gift transactions. Sales transactions dominated the landscape, with 2,920 deals amounting to 8.14 billion dirhams, followed by 579 mortgage deals totaling 5 billion dirhams, and 154 gift transactions valued at 541 million dirhams.
Among the sales transactions, ready sales accounted for the majority share, comprising 1,356 deals amounting to 5.07 billion dirhams, representing 62.2 percent of the total transaction value. Additionally, planned sales contributed significantly, with a total value of 3.07 billion dirhams stemming from 1,564 deals.
In terms of geographical distribution, the Jumeirah Village Circle area emerged as the leader in sales value, with transactions amounting to 470 million dirhams from 262 deals. Following closely was the Business Bay area, recording 221 deals worth 447 million dirhams, while the First Zabeel area secured the third position with 137 deals valued at 438 million dirhams. Notably, the Burj Khalifa area and Palm Deira area also witnessed substantial transactions, with 85 deals totaling 428 million dirhams and 49 deals amounting to 402 million dirhams, respectively.
The past week witnessed several noteworthy transactions, including the mortgage of a plot of land in the Hasyan II area valued at 3.2 billion dirhams. Additionally, a significant deal involved the sale of villa land within the Bulgari Palaces project in the Jumeirah Bay area, amounting to 155 million dirhams.
Overall, the robust activity in the Dubai real estate market reflects continued investor confidence and interest in the region's property sector. With significant transactions occurring across various segments, the market demonstrates resilience and potential for growth amidst evolving economic conditions.
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(MENAFN- The Peninsula)
Doha: Doha Bank has been recognised as the 'Best Digital Bank' by World Economic Magazine recently.
On receiving the award Dr. R Seetharaman said that“The future of Banking will be mobile and digital only. Mobile banking and digital banking will be felt in internet of things, block chain and open banking.
Digital banks key success factors include differentiated value proposition, early revenue recognition, quick scalability, and cost efficiency. Financial institutions are exploring new technologies and investing in digital service delivery channels. COVID-19 has acted as a catalyst in accelerating the digitization which is need of the hour”
Keeping in-line with the Bank's Digital Strategy, aimed towards providing better e-banking solutions and services to customers, Doha Bank has been consistently working to improve Mobile Banking application. Doha Bank's Mobile Banking application has been recently upgraded, targeting to position the channel as the most preferred digital touch point for Retail Banking customers. It is designed to meet all financial needs of different customers segments. Retail customers can now easily do their e-KYC from the convenience of their mobile without visiting the branches.
By targeting simplicity, user friendly design and convenience, Bank has achieved this target and today Doha Bank's Mobile Banking application is the first preferred channel for customers.
Doha Bank has been instantly responsive from the outset of the virus outbreak and took proactive measures in keeping customers safe, while maintaining customer service levels. This has created an opportunity for the bank to speed up initiatives pertaining to the digital transformation journey – e.g. encouraging customers to use alternative channels as opposed to physical visits to branches.
Digital has been the main transaction processing channel for our customers. In July 2021, 88 percent of all comparable financial transactions are performed through Doha Bank's digital and self-service channels.
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(MENAFN- KNN India)
Odisha ropes in Epic Foundation for developing design & manufacture chips, electronics products
New Delhi, Dec 8 (KNN) The Odisha government has entered into an agreement with the Epic foundation with the aim to design and manufacture chips and electronics products in the state.
As per reports, in the initial phase, the focus will be on manufacturing a tablet PC to serve the growing requirement for devices in the education and healthcare sectors. This will be followed by the manufacturing of indoor and outdoor Wi-Fi access points, smart cameras, smart meters, and mobile and EV chargers.
Under this partnership, both the partners will aim to create an ecosystem of design, manufacturing, distribution, and service companies to meet the local, national and global demand for chips and electronics.
Speaking about the agreement signed with the Odisha government, Ajai Chowdhry, chairman of EPIC Foundation said,“We have always envisaged Odisha as a state that has a high potential for excelling in the electronics and semiconductor industry. We truly believe that our concerted efforts can be instrumental in building supporting design infrastructure, employment generation, and manufacturing high-impact products within the state.”
The EPIC Foundation in association with the Odisha Skill Development Authority will also provide training on manufacturing, repair, and servicing of electronics products to the local people, especially women and the underprivileged communities.
“Electronics product design and manufacturing in the state is not only intended to develop cutting edge products and create equitable access for all including the underdeveloped community and differently-abled citizens but will also play a pivotal role in social empowerment,' said Satya Gupta, CEO of EPIC Foundation.
Founded in April by HCL founders Ajai Chowdhry and Arjun Malhotra and semiconductor industry veteran Satya Gupta, EPIC is a non-profit organization that is working with the industry, government, and academia to develop and scale India's design and manufacturing capabilities. It has also signed MoUs with the Delhi government and the Indian Institute of Technology (IIT) in Madras and Kanpur.
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Russian Central Bank to resume buying, selling foreign currencies in 2024
(MENAFN) The Russian Central Bank declared on Monday its intention to resume the buying and selling of foreign currencies through its sovereign wealth fund starting next year. This decision comes at a time when the Russian ruble is in the process of recovery following a substantial decline experienced during the summer months. The volatility of the Russian currency has been particularly pronounced since February 2022, coinciding with Russia's military operation in Ukraine and the subsequent imposition of unprecedented sanctions by the West on Moscow.
In response to the challenges posed by the fluctuating currency, the ruble has witnessed a notable resurgence, marking a 14 percent increase since the commencement of October. Moscow implemented a series of measures to stabilize the currency, including the reinstatement of currency controls, elevation of interest rates, and cessation of interventions in the foreign exchange market.
The Russian Central Bank's announcement on Monday outlined the resumption of operations under the "budget rule" commencing in January 2024. These financial transactions had been temporarily halted in August when the ruble fell below 100 against the dollar.
The "budget rule" mechanism involves the central bank engaging in the buying and selling of foreign currencies, including the Chinese yuan following Western sanctions. This strategy aims to restore stability to the ruble, which is significantly influenced by global oil prices and Moscow's revenues from its vital energy exports.
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By Ayya Lmahamad
the first block train of 50 containers has arrived at the port of Alat after departing from Uzbekistan's Assaka Logistics Center, ADY Container has reported.
The 40-foot containers loaded with car parts were delivered via the Khojidavlat border station to Turkmenistan's Turkmenbashi port and then via the Caspian Sea to Azerbaijan's Alat port.
The cargo being transported is intended for use by a specific car factory in Azerbaijan.
At the same time, the regular operation of block trains on this route is planned.
The new port of Alat is located 70 kilometers from Baku, at the crossroads of TRACECA and the North-South corridor, and is part of the transport hub that connects the west (Turkey and the EU), south (Iran and India), and north (Russia).
There are three international rail routes into Azerbaijan, all of which converge at Alat: to the northwest, passing through Baku to Russia; to the west, passing through Georgia to the Black Sea and Turkey shores; and to the south, passing through Georgia to the border area with Iran.
Furthermore, on March 17, 2016, President Ilham Aliyev signed a decree establishing a special economic zone similar to a free trade zone in the Alat settlement, which includes the new port's territory.
ADY Container LLC is a fully-fledged subsidiary of Azerbaijan Railways CJSC with the mission of providing high-quality, dependable freight transportation in the country.
ADY Container LLC, which operates exclusively within Azerbaijan, provides a wide range of services, from multimodal transport to custom brokerage and storage facilities, all of which can be conveniently managed through our online customer portal.
Ayya Lmahamad is AzerNews' staff journalist, follow her on Twitter: @AyyaLmahamad
Follow us on Twitter @AzerNewsAz
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Prana Crystals is associated with healing stones, rocks and minerals, home decor and gift products with natural stones and specimen. It features wide range of crystal products such as Pranic Healing, crystal Healing Wands, Crystal Ball, Crystal Pyramid, Apophyllite, Zeolite, Healing Bracelet, Feng Shui and Reiki Items, Pendulums, Merkaba, Shiva Lingam, Shree Yantra, made with Quartz Crystal, Amethyst, Rose Quartz, Smoky Quartz, Blood Stone, Agates, etc.
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Vikrant Rona finally gets a release date. Its lead actor and Kannada superstar Kichcha Sudeep took to Twitter to announce that his adventure flick will arrive in cinema halls on February 24, 2022. Earlier it was supposed to hit theaters on August 19 and that too in 3D and several languages like Tamil, Telugu. But COVID-19 dampened the original plan and here we are.
Significance Why does this story matter?
Sudeep's last release Kotigobba 3 got a lot of love, effectively reviving the cinema halls in Karnataka. Before that, the superstar was seen in Salman Khan -starrer Dabangg 3 in 2019 as the main antagonist. That was a semi hit too. And now Vikrant Rona is in the line. The film has him playing an Indiana Jones type character, so fans are super hyped.
Details Announcement teaser gives feel of a Hollywood movie
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(MENAFN- Arab Times) Debate over rise begins as evaluation date awaited
KUWAIT CITY, Oct 28: Member of the Health Committee of the National Assembly, MP Khalid Al-Otaibi has said the committee plans to request to reduce some of the recently approved health fees for expatriates.
He called on the concerned body to take into consideration some of the health fees announced by the Ministry of Health, especially the cost of some costly surgeries and fixing of prostheses. Al-Otaibi said: 'We support the increase in health fees for expatriates to keep pace with the increasing price of medical devices and equipment, but at the same time we demand that the humanitarian side must be taken into consideration, especially that there are expatriates with very low salaries, therefore we must consider their circumstances if they need surgeries.'
Al-Otaibi revealed the reduction of some health fees will be on the agenda of the committee in preparation for discussion and prepare a report in this regard, especially as there is a demand to review some of them.
He noted, the fees of some services announced by the ministry in part exceed the prices applicable in some neighboring countries, which necessitates reconsideration.
Meanwhile, the decision to increase fees for health services offered to expatriates remains a controversial issue between those who are for and against it, as everyone waits for the outcome of the Ministry of Health's evaluation three months after the implementation of the new fees.
Commenting on the issue, Deputy Chairman of Constituent Council of the Constitution Dr Ahmad Al-Khateeb asserted the decision contravenes humane principles on treatment; as well as the customs and traditions. 'At a time Kuwait offers financial aid to other countries, it breaks our principles through a decision to increase health fees for expatriates,' he added. He went on to say, 'The doctor is obligated to be impartial in the treatment of patients, because he is sworn to treat any patient even if the latter is an enemy and so are those who cannot afford the treatment cost?'
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(MENAFN – Swissinfo) Half of all hotel and restaurant businesses in Switzerland will go bankrupt by the end of March if they do not receive direct financial compensation for the effects of the coronavirus restrictions, warned the sector’s umbrella organization.
This content is published January 10, 2021 – 15:23 January 10, 2021 – 15:23 swissinfo.ch/jc
Based on a survey of more than 4,000 members, GastroSuisse said 98% of its members need support, and that ‘with every wave of coronavirus comes a wave of repeats’.
“In November and December, there was a second wave of redundancy in the hotel and catering industry,” he said in a statement. press release external link on Sunday. Nearly 60% of businesses that laid off staff during that year would have to do so again by the end of 2020, according to GastroSuisse. “So, it is up to the federal government to prevent a nationwide catastrophe and a third wave of job losses in the hotel and restaurant sector.”
GastroSuisse correctly said in October that 100,000 jobs were at risk. “In recent months, the situation has worsened again mainly due to the incomprehensible government decision to close the restaurant.”
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(MENAFN- AzerNews) ByTrend
Ambassador of Kyrgyzstan to Turkey Kubanychbek Omuraliyev met with management and representatives of the companies of the 1st Organized Industrial Zone (OIZ) (Sincan) of the Ankara Industrial Chamber, Trend reports with reference to Kabar which cited the press service of the Kyrgyz Foreign Ministry.
At the meeting, Turkish entrepreneurs were presented with a presentation on investment opportunities and the climate in the Kyrgyz Republic, including the conditions for doing business, as well as macroeconomic indicators and foreign trade turnover in Kyrgyzstan, the membership of the Kyrgyz Republic in the EAEU and the status of VSP+, received from the European Union.
Ambassador Omuraliyev also drew attention to the priority sectors of the Kyrgyz economy, such as agriculture, light industry, hydropower, mining, information technology and tourism.
Representatives of the Sincan OIZ companies were able to ask questions to the Kyrgyz ambassador on the issues of interest. In particular, the questions concerned the right of private ownership of land, development of mineral deposits, etc.
Within the framework of the event and at the initiative of the host party, Kubanychbek Omuraliyev also visited the enterprises of this OIZ, producing agricultural and construction equipment.
The 1st Organized Industrial Zone of Ankara Chamber of Commerce (hereinafter Sincan OIZ) was founded in 1978 and is one of the 5 largest organized industrial zones of Turkey. Production in the OIZ started in 1990.
Sincan OIZ mainly produces machinery, defense industry, metalworking, electricity and electronics, aluminum processing, textile and chemical industry, etc.
Currently, there are 270 plants and factories operating in OIZ, and it is planned to increase it up to 335.
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(MENAFN - AzerNews)
By Ayya Lmahamad
A tanker with Azerbaijani oil bound to Belarus arrived at the port in Odessa, Ukraine, the Belarusian media reported on June 30.
The tanker of the State Oil Company of Azerbaijan (SOCAR) left the Georgian port of Supsa on June 26, and arrived to the port 'Yuzhny in Odessa on June 30.
The tanker with 85,000 tons of Azerbaijani oil arrived at the port Yuzhny on June 29 and is expected to be in Mozyr Refinery in Belarus on July 10-15, Belneftekhim's press secretary Alexander Tishchenko has said.
Earlier, SOCAR delivered three batches of oil to Belarus in March with a total mass of about 250,000 tons and one batch of 85,000 tons in April.
According to the information, SOCAR may deliver up to 1 million tons of oil to Belarus in 2020.
Oil supplies from Azerbaijan to Belarus in the southern direction through Ukraine were resumed in March due to lack of imports from major Russian companies due to price discrepancies.
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(MENAFN- GlobeNewsWire - Nasdaq) New York, May 26, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Airport Baggage Handling System Growth Opportunities" -
Digital transformation of major airports and airlines working toward reducing capital loss from mishandled baggage will improve the uptake of baggage management.
APAC will experience the highest growth rate because of the opening of hundreds of new airports in China and India.
The development of new airport infrastructure, including terminal buildings, will drive the demand for new baggage handling systems.
In Europe and North America, the demand for baggage handling systems will primarily come from the upgrade of existing systems.
In the Middle East, the government's focus on developing the aviation industry will foster the growth of new airports and timely updates of airport infrastructure.
Latin America and Africa have higher potential for growth in the aviation industry but lack investment and government support.
Sustainability will continue to drive product innovation in airport baggage handling systems.
Baggage handling companies are conducting trials at airports and partnering with technology start-ups to explore how robotics and artificial intelligence can improve process efficiency and reduce energy consumption.
The enhancement of digitalization at airports makes them more prone to cybersecurity attacks.
Baggage handling companies are analyzing digital twin technology to mitigate the risk of cybersecurity threats.
With the IATA 753 resolution, start-ups have mushroomed in the baggage management space; these new participants' systems focus on not only improving the tracing and tracking of baggage but also reducing the rate of baggage mishandling.
During the forecast period, baggage handling system suppliers will collaborate with start-ups to offer more bundled packages to airports.
Author: Waseem Ahmed Khan
Read the full report:
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
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(MENAFN- IANS) Mumbai, March 3 (IANS) A new poster from the upcoming Adah Sharma-starrer film 'Bastar: The Naxal Story' was unveiled on Sunday.
The poster features the actress in two different avatars, one wearing the uniform as IPS Neerja Madhavan, and the other on a field operation as a Naxal combat soldier.
Committed to her duty, Adah stands in the fight against the Naxals.
Sharing the poster on their social media, the makers wrote in the caption:“Duty or Pledge: Committed till the end, relentless in the fight against Naxals. Uncover the truth in #BastarTheNaxalStory, trailer out on March 5, 2024.”
The film presents Adah Sharma aa IPS Neerja Madhvan and her glimpses in the teaser have left the viewers intrigued.
The film marks the second association of Adah with director Sudipto Sen and producer Vipul Amrutlal Shah after their last film 'The Kerala Story'.
The trailer of the film is all set to release on March 5.
The makers have stated that in the film they have shown the truth about a number of martyrs and how Pseudo-intellectuals run the propaganda to divide the country with funding from China.
Produced by Vipul Amrutlal Shah's Sunshine Pictures and co-produced by Aashin A. Shah, 'Bastar: The Naxal Story' is directed by Sudipto Sen.
The film will release on March 15 in cinemas worldwide.
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(MENAFN- Saudi Press Agency) Riyadh, October 02, 2022, SPA -- King Salman Humanitarian Aid and Relief Center (KSrelief) 'Masam' managed to dismantle 947 mines, during the 5th week of September 2022, planted by the Houthi militia in various Yemeni regions, including 3 anti-personnel mines, 412 anti-tank mines, and 515 unexploded ordnance, and 17 explosive devices.
Masam's team has cleared 76 anti-tank mines, 144 unexploded ordnance, and 13 explosive devices in Aden Governorate, as well as 14 anti-tank mines, one anti-personnel mine, 17 unexploded ammunition, and one explosive charge in Hays District, Hodeidah Governorate, 4 anti-tank mines and 4 unexploded ammunition in Lahj governorate.
In Marib, the team cleared 287 anti-tank mines, 287 unexploded ordnance and two explosive devices in Harib, two anti-personnel mines, and one unexploded ordnance in the Raghwan district.
In Shabwa, the Masam team managed to dismantle 12 anti-tank mines and 12 unexploded ordnance in Ayn, and one anti-tank mine and one unexploded ammunition in Usaylan. While in Taiz governorate, the team also removed 3 unexploded ordnance and one explosive device in Al-Wazi'iyah district, 9 unexploded ordnance in Mawza district, 17 anti-tank mines, and 37 unexploded ordnance in Thubab district bringing the number of mines removed during September to 3,815. mines, while the number of mines that were cleared since the beginning of the“Masam” project amounted to 360,573 randomly planted by the Houthi militia throughout Yemen.
20:43 LOCAL TIME 17:43 GMT
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(MENAFN- Khaleej Times)
Published: Thu 24 Nov 2022, 9:35 AM
The Indian rupee appreciated 26 paise to 81.67 against the US dollar (22.25 versus the UAE dirham) in early trade on Thursday as the American currency retreated from its elevated levels.
At the Indian interbank foreign exchange, the rupee opened at 81.72 against the dollar, then gained ground to touch 81.67, registering a rise of 26 paise over its previous close.
The rupee has strengthened in offshore trading on broad-based dollar weakness. It is likely to trade in a range of 81.55-81.85 with sideways price action, IFA Global Research Academy said in a research note.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.41 per cent to 105.63, post the weak US data and dovish Fed minutes.
'Minutes of the latest Fed meeting indicated that most Fed members were in support of slowing the pace of rate hikes but 'various' Fed members saw rates peaking at higher levels,' IFA Global Research Academy said.
indian rupee gains against uae dirham in early trade
indian rupee drops against uae dirham in early trade
Brent crude futures, the global oil benchmark, declined 0.21 per cent to $85.23 per barrel.
In the Indian equity market, the 30-share BSE Sensex was trading 180.14 points or 0.29 per cent higher at 61,690.72. Similarly, the broader NSE Nifty rose 66.50 points or 0.36 per cent to 18,333.75.
Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they offloaded shares worth Rs 7.89 billion, according to exchange data.
(With inputs from PTI)
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(MENAFN- Global Advertising) Careem KSA announced the launch of the Go Budget, enabling customers to save 10% on their trips. This came as part of its commitment to simplify the lives of people and provide them with services that cater to their diverse needs.
Careem launched this service after a study the company conducted, which has shown an increase in customers' demand for a service car that provides quality, and is affordable and safe at the same time.
The launch of this service comes in line with the company's commitment to enhancing its competitiveness and providing more options for different segments with low cp
Commenting on this step, Dr. Abdulla Elyas, Co-founder and Chairman of Careem KSA said: " We always strive for excellence in meeting our customers' needs by providing them with high quality services and competitive prices. and the launch of this service is a testament to that.”
Since the start of the Coronavirus pandemic, Careem has reinforced the safety standards to guarantee the well-being of its captains and their customers. It has also carried on with enhancing the quality of service provided through numerous procedures that include cars’ inspection and periodical checks to ensure the readiness and cleanliness of the vehicles, in addition to choosing the competent captains, who meet the requirements, after passing many tests and assessments set by the company.
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(MENAFN- AsiaNet News) Prime Minister Narendra Modi's recent entry into the WhatsApp community marks a significant development in his commitment to fostering direct interactions with citizens. In a recent post on his WhatsApp channel, PM Modi expressed his excitement about joining the platform and shared a photo from the new Parliament Building, reinforcing his commitment to staying connected with the people.
This move is expected to enhance the accessibility and engagement between the Prime Minister and the citizens of India.
Centre tables Women's Reservation Bill in Lok Sabha on day 1 of new Parliament; check details
Earlier on Saturday, Uttar Pradesh Chief Minister Yogi Adityanath took a significant step towards enhancing direct communication with the public. CM Adityanath's team introduced a WhatsApp channel named "Chief Minister's Office, Uttar Pradesh," aimed at fostering seamless communication between the common citizens and the Chief Minister's Office.
This initiative enables people to conveniently convey their thoughts and concerns to the CM's office, as highlighted in an official government statement released on Saturday.
How to join a Channel on WhatsApp:
WhatsApp's latest Channels feature is a great way to stay updated with your favorite content providers. If you've updated your messaging app and want to join a channel on WhatsApp, here's a step-by-step guide:
1. Open WhatsApp and navigate to the Updates tab.
2. At the bottom of the screen, you'll find the option to "Find Channels." Tap on it.
3. A list of available channels will appear. You can either tap the plus icon next to a channel to follow it or use the search icon in the top right corner of your screen to manually search for the desired channel.
'First and historic session': PM Modi addresses Lok Sabha in new Parliament building
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(MENAFN- Means Design) A Levantine Culinary Cruise with Timo Restaurant
Bring a vibrant start to your weekend with a fresh Levantine experience at Timo Restaurant, Al Jaddaf Rotana Suite Hotel. Kick off the culinary journey with starters such as hummus, spinach kibbeh, tabbouleh, mutabal. Keep the flavours going with delicious dishes including Sumac fried shrimp, spicy lamb soujouk, falafel, manakesh, lamb kofta, lamb tikka, shish tawook, etc. Bring a sweet note to your evening with Umm Ali, Fruits and a fine selection of house desserts. Complementing the refreshing dining experience is the lively music that brings bliss to all your evenngs.
Date: Every Friday
Time: 7pm to 10:30pm
Location: Timo Restaurant, Al Jaddaf Rotana Suite Hotel
Price: AED 200 per person inclusive of regular shisha | AED 320 per person inclusive of regular shisha and house beverages
For more information, please call 04 596 2222 or visit their website
Al Jaddaf Rotana Suite Hotel
Located in the thriving Al Jaddaf district, a premier business and lifestyle community connecting old and new Dubai, Al Jaddaf Rotana Suite Hotel offers guests luxury, convenience and outstanding leisure, dining and meeting facilities. With 318 modern rooms and luxurious suites, all elegantly furnished with pool or city views, spacious living areas and kitchenettes, the hotel is ideal for business and leisure travellers, including families visiting the city. Your business and leisure needs are met with the hotel’s extensive facilities including 6 meetings rooms, a Bodyline Fitness & Wellness Club with a gym, outdoor swimming pool as well as sauna and massage rooms.
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Our View: Coming Wednesday . . .
Over the past five years, or ever since the glide path was cleared for returning two-way traffic to Cameron and Braddock streets, City Council has lurched from issue to issue, crisis to crisis. Or…
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(MENAFN- UkrinForm) The Office of the President of Ukraine has called on Portugal to contribute to the promotion of the Peace Formula in the international arena, including by involving the countries of the Global South.
According to the president's press service , Deputy Head of the Presidential Office Ihor Zhovkva met with a delegation headed by Secretary of State of the Ministry of Defense of Portugal Carlos Pires.
Zhovkva thanked Portugal for its strong condemnation of Russia's military aggression and for its assistance in the defense, financial and humanitarian spheres. Read also:
Ihor Zhovkva, Deputy Head of the Office of the President of Ukraine
Pires praised the initiative of the Presidential Office to hold the Defense Industries Forum in Kyiv. This format is an impetus for future fruitful and mutually beneficial cooperation between Ukrainian and foreign companies by establishing joint production of weapons, repair of equipment and development of defense technologies, he said.
Zhovkva thanked Portugal for joining the tank coalition and for supporting the establishment of the aircraft coalition.
The parties also discussed the involvement of Portugal in the implementation of certain points of the Peace Formula.
The Deputy Head of the Presidential Office called on Portugal to assist in promoting the Peace Formula in the international arena, in particular by engaging the countries of the Global South.
Photo: President's Office
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(MENAFN- AFP) Ireland said on Thursday it will make an early repayment of its remaining 4.5 billion euros ($5.4 billion) bailout loans to the International Monetary Fund.
Ireland received 22.5 billion euros ($27 billion) from the IMF in 2010 as part of a 67.5-billion-euro EU-IMF financial assistance programme which helped the country recover after the financial crash.
Ireland could make around 150 million euros of interest savings by repaying its debt ahead of the originally agreed deadlines between 2021 and 2023, the National Treasury Management Agency said.
This will not be the first time Ireland has made an early repayment on its programme loans, as it repaid the IMF 18 billion euros -- around 81 percent of its loan -- between December 2014 and March 2015.
After the 2008 financial crash, Ireland was left heavily indebted by its efforts to save a banking sector hit particularly hard by the collapse in the country's real estate market.
But the country is now on a strong growth path and received permission from the European Union to make early repayments on its IMF loans in September 2014.
Ireland also announced on Thursday it would repay 0.4 billion euros to Denmark and 0.6 billion euros to Sweden, bailout sums initially scheduled for repayment in September and December 2019 respectively.
"The Exchequer is in a healthy funding position," Frank O'Connor, NTMA's director of funding and debt management said.
"Replacing Ireland's loans from the IMF, Sweden and Denmark further reduces our debt service costs, which have declined considerably in recent years."
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(MENAFN- Gulf Times) TotalEnergies Qatar recently held a successful World Day for Safety event at three of its sites to promote safety across its operations.
The event took place across Halul Island, the Emerald Driller Rig at DP4 platform of the Al Khalij Field, and TotalEnergies Research Center-Qatar, and was attended by more than 300 employees and contractors.
The celebration focused on the theme of controlling technological risks in industrial activities, which play a central role to achieve TotalEnergies' objective: to protect people, the environment, and assets during its operations.
TotalEnergies Qatar emphasised its continuous commitment to safety, which is demonstrated through its safety record of more than five and a half consecutive years without any Lost Time Injury (LTI).
“Safety is our core value. It is implemented daily by our employees and contractors with a shared goal of achieving Zero accident. Safety is not only about following occupational safety rules, but also about controlling all risks related to operations and processes to prevent accidents that could impact people, the environment, and assets," Matthieu Bouyer, TotalEnergies country chair in Qatar, and managing director TotalEnergies EP Qatar, said at the Al Khalij facilities on Halul Island.
During the event, TotalEnergies Qatar also highlighted achievements at the Al Khalij field which is jointly owned by TotalEnergies and QatarEnergy and is operated by TotalEnergies.
Among other achievements, Bouyer congratulated teams onshore in Doha, and offshore on Al Khalij for successfully completing a five-day full field shutdown in April of this year, involving all eight offshore platforms in Al Khalij field, with more than 200 activities achieved without any incident, demonstrating TotalEnergies' ability to conduct its complex operations safely and efficiently.
“These achievements are a testament to TotalEnergies' ongoing commitment to safety and risk management, and its dedication to operating responsibly in all of its activities”, he said.
TotalEnergies Qatar also commemorated the Safety Persons of the Year for each of its sites as part of its staff recognition program, awarding employees and contractors who have demonstrated outstanding commitment to safety.
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Jaipur (Rajasthan) [India], May 10 (ANI): 45 new cases of COVID-19 and one death due to the disease have been reported in Rajasthan today.
"The total number of cases in the state has risen to 3,753 and the death toll has reached 107. The number of active cases in the state stands at 1,470 in the state," Rajasthan Health Department said in a release.
A total of 62,939 confirmed cases of COVID-19 have been reported in India so far. 19,358 persons have recovered or migrated, the Ministry of Health and Family Welfare said on Sunday.
There are 41,472 active cases of COVID-19 in the country at present. 2,109 people have lost their lives due to the infection so far. (ANI)


(MENAFN- UkrinForm) The situation is very difficult in Donetsk region - fierce battles are ongoing.
President Volodymyr Zelensky said this in his video address to the nation, Ukrinform reports.
“It is very difficult in Donetsk region - there are fierce battles. But no matter how hard it is and no matter how much pressure there is, we have to withstand it. We have to use and we do use every day and every week to reinforce our defense at the front, to strengthen our international position, to increase pressure on Russia and to give our people new opportunities to get through this difficult time,” the President said.
He noted that there are many reports that the occupiers want to do something 'symbolic' in February and try to avenge their last year's defeats. Read also: five injured in russia's shelling of druzhkivka in donetsk region
'We see this increased pressure in various areas of the frontline, as well as pressure in the information field,” Zelensky said.
As reported by Ukrinform, the enemy continues to regroup in certain areas. They focus the main efforts on conducting offensive operations in the Kupiansk, Lyman, Bakhmut, Avdiivka and Novopavlivka areas.
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(MENAFN- Baystreet.ca) Oil Prices Again Slide Below $90 A Barrel
Oil prices are once again slumping, with West Texas Intermediate (WTI) crude, the U.S.
benchmark, falling to $89.21 U.S. per barrel.
The decline comes as oil traders consider the prospect of more Iranian oil supplies flooding the
market in coming weeks, and as the global economic outlook darkens.
Brent crude oil, the international standard, fell 2.3% to $95 U.S. per barrel on reports U.S.
President Joe Biden spoke with leaders from France, Germany and England about reviving a
nuclear deal with Iran, which could lead to the return of oil supplies from that Middle Eastern
Crude oil has now given up all the gains it achieved after Russia invaded Ukraine in February as
fears of a global recession grow.
While Iran's oil supply could return to the global market in coming weeks, production in
Kazakhstan continues to be disrupted, with crude loadings occurring at only one of three
Caspian Pipeline Consortium terminals.
Also, China's Sichuan province extended industrial power cuts and activated its highest
emergency response over the weekend to deal with electricity supply deficiencies, adding to
fears of further economic weakness in the Asian nation of 1.4 billion people.
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According to a new global study published by the medical journal The Lancet , young people face higher health risks from alcohol consumption than older adults.
Findings of the report
The report says that young adults between 15-39 do not have any health benefits when consuming alcoholic drinks. The recommended amount of alcohol for people aged 15-39 before risking health loss was 0.136 standard drinks per day — a little more than one-tenth of a standard drink, according to the researchers. As for the age group above 40, it was advised that individuals having no underlying health complications could benefit from moderate drinking.
What are the safe consumption levels?
The safe alcohol consumption level for individuals aged 40-64 range is 0.527 drinks per day for males and 0.562 standard drinks per day for females to almost two standard drinks (1.69 standard drinks per day for males and 1.82 for females) as it reduced the risk of cardiovascular disease, stroke, and diabetes.
For individuals over 65 years in 2020, the risks of health loss from alcohol consumption were reached after consuming a little more than three standard drinks per day (3.19 drinks for males and 3.51 for females).
Reportedly, alcohol alone was the cause of over 1.78 million deaths in 2020. It was attributed to being the leading cause of mortality in the 15-49 age group. Therefore, the journal recommended that stronger interventions were required for this particular age demographic to reduce global health loss.
Basis of the study
The study was based on alcohol consumption data collated from 204 countries. Moreover, it was conducted on individuals, both males and females, aged between 15-95 years. They were segregated into five-year age groups. The research revealed that in the year 2020 alone,1.34 billion people consumed harmful amounts of alcohol.
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Mumbai, March 6 (IANS) Actor Deepak Dobriyal will be seen playing a baddie in actor-filmmaker Ajay Devgn's upcoming film 'Bholaa'. He calls the film a 'relaunch' for him.
Deepak and Ajay go long back as the two starred together in the 2006 film 'Omakara'. The film helped Deepak gain the spotlight as he starred alongside the actor.
Talking about once again starring as an intense character with Ajay, he said: 'I always get intense role with him. Omkara was intense and so is Bholaa. It is a great experience. Omkara was my launch and Bholaa is my relaunch.'
'Bholaa' is an action thriller film directed by Ajay Devgn and produced by Ajay Devgn FFilms, Reliance Entertainment, T-Series Films and Dream Warrior Pictures.
It's a remake of the Tamil film 'Kaithi'. The film also stars Tabu, Deepak Dobriyal, Sanjay Mishra and Gajraj Rao in pivotal roles.
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(MENAFN- Baystreet.ca) Motorsport Ekes Up on Hot Lap Challenge
Motorsport Games (NASDAQ:MSGM) shares –cleared breakeven in the first hour on Friday, as the company, a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world, in conjunction with the British Touring Car Championship (BTCC), announces today the BTCC rFactor 2 Hot Lap Challenge.
The challenge will be available for fans to participate in at the final four race weekends of the 2022 BTCC season. Visitors who also register for the Motorsport Games/BTCC mailing list will be among the first to receive exclusive news and updates on the upcoming BTCC game, slated for full release in 2024.
Ticket holders at each event will be welcome to stop by the Motorsport Games x BTCC booth in order to experience official BTCC content within rFactor 2, the realistic racing simulation platform. Fans will compete to post their hot lap time (Time2Beat), with the best posted result winning the signed gear grand prize. The booth will feature four racing simulators pre-loaded with a rFactor 2 tech demo, running official BTCC cars and tracks. Free giveaways will also be available while supplies last. The BTCC rFactor 2 Hot Lap Challenge will be available to play at the following race weekends:
•Snetterton (Norfolk, U.K.): August 13-14,
•Thruxton (Hampshire, U.K.): August 27-28,
•Silverstone National (Towcester, U.K.): September 24-25,
•Brands Hatch GP (Kent, U.K.): October 8-9.
MSGM shares took on a penny, or 2.2%, to 62 cents.
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Mumbai, Nov 27 (IANS) India's Avyaay Garg bagged a silver medal in the prestigious Singapore Open Chess Championship after getting the better of upcoming talents from Brazil, China, Germany, Malaysia, Vietnam, Hong Kong and the United States.
The 8-year-old Avyaay Garg (ELO rating 1242), a third-standard student of Aditya Birla World Academy, claimed the silver medal in his age group's open U-8 category that concluded on Thursday in the Senja Cashew Community Centre in Singapore.
About 500 participants were in the fray from across 10 countries in the four-day tourney. Avyaay grabbed the second position with an incredible score of 7 points out of a possible 8 while Singapore's Lim Shi Hun Magnus secured the top position with 7.5 points.
'Avyaay is a hardworking child and has a deep understanding of openings with subtle variations, his tactical skills are akin to former chess legend Mikhail Tal,' his coaches Balaji and Durga Nagesh Guttula of SMCA were effusive in praise for the kid.
Avyaay's mother Fazaa is ecstatic over his win and credits her son's big international achievement to hard work and coaches who have been working relentlessly towards Avyaay's promising journey on the 64 squares.
Next, Avyaay will be seen featuring in the Indian National Schools Chess Championships scheduled early next year in Chennai.
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(MENAFN- Morocco World News) Morocco has, over the past 20 years, made considerable progress in understanding critical risks, mainly via a legislative and regulatory body, and the implementation of specific financial mechanisms.
This came in a review of risk management policies in Morocco, by the Organization for Economic Co-operation and Development (OECD), whose main findings and recommendations were presented in Rabat on Wednesday. The review has five main outlines related to the amelioration of resilience to natural disasters, namely governance, assessment and risk prevention, emergency management, recovery and reconstruction. Regarding governance of critical risks, the review wrote that Morocco made considerable progress in understanding critical risks, but these efforts have not yet led to the adoption of an integrated response. It said that “deficiencies in governance still remain, such as policies that are too sector-based, or focused on a single risk, or not sufficiently inclusive, or using a top-down method.” OECD gave a series of recommendations, as building a long-term vision at the service of an integrated critical risk management strategy, implementing an institutional framework adapted to national governance with clear lines of responsibility, and modernizing the regulatory framework in order to adapt it to current and future challenges. With MAP
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 27. As a part of the
13th Gabala International Music Festival, the participants of the
"Support to Youth" project have performed at the Heydar Aliyev
Congress Center in Gabala, trend reports.
Speaking at the event, Honored Artist Professor Zahra Guliyeva
highlighted the importance of the festival, in particular the
"Support to Youth" project, saying that“the goal of the project is
to provide a platform for young artists to showcase their talent
and learn from established musicians.”
The event continued with a concert program of the young artists,
the laureates of national and international competitions, who
performed works by prominent composers.
The Gabala International Music Festival, with its rich history
and commitment to promoting cultural exchange, promises to be a
memorable event. It will not only provide a platform for artists
from around the world to showcase their talent but also create a
harmonious blend of cultures, fostering mutual respect and
Held since 2009, this year's edition of the Festival will
feature interesting programs for music lovers, with classical,
chamber music and mugham evenings to be organized during the
Organized by the Heydar Aliyev Foundation with the support of
Azerbaijan's Ministry of Culture and dedicated to the 100th
anniversary of National Leader Heydar Aliyev, the Festival will run
until August 2.
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 19. Moldova is
interested in joining the Solidarity Ring, which entails the
delivery of additional gas volumes from Azerbaijan to Europe, State
Secretary of the Ministry of Energy of the Republic of Moldova,
Constantin Borosan said in an exclusive interview with Trend.
"A memorandum on the Solidarity Ring was signed in April,
bringing together several countries. This represents another
contribution by Azerbaijan strengthening Europe's energy security.
We are grateful to Azerbaijan for such a significant role. Moldova
is very interested in diversifying routes and sources of supply.
Such a project will contribute to enhancing energy security, and we
would like to join it," he said.
The state secretary pointed out that with the support of the
United States, the European Union, and Romania, Moldova now
procures natural gas from the European market.
“Of course, these are short-term projects, and we would like to
establish contracts for longer periods, spanning several years.
Moldova is currently seeking such solutions. We have previously
expressed our interest in purchasing natural gas from Azerbaijan
and hope that it will be possible. As for other countries from
which we are considering gas procurement, Romania, which has its
own sources, is certainly one of them," said Borosan.
Sofia hosted a ceremony of signing the Memorandum of
Understanding on the promotion of cooperation between
Bulgartransgaz (Bulgaria), Transgaz (Romania), FGSZ (Hungary),
Eustream (Slovakia), and the State Oil Company of Azerbaijan
Republic (SOCAR) on April 25.
The Memorandum of Understanding outlines the directions of
cooperation between the four gas transmission system operators and
SOCAR for additional gas deliveries to Europe. The additional gas
supplies will be facilitated through the enhanced gas transmission
network of Bulgaria, Romania, Hungary, and Slovakia, known as the
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(MENAFN- KNN India) Dubai, Dec 11 (KNN) Indian Renewable Energy Development Agency Limited (IREDA)'s Chairman & Managing Director, Pradip Kumar Das has emphasised the importance of supporting Micro, Small & Medium Enterprises (MSMEs) in the Renewable Energy sector for both economic and environmental benefits.
Speaking at a session on "Pioneering Sustainability in MSMEs: Envisioning Global Growth and Local Impact" organized by the International Solar Alliance and CII, as part of COP 28 in Dubai on Sunday, he reaffirmed IREDA's commitment to environmental sustainability by enhancing MSME participation through accessible loan facilities.
CMD, IREDA acknowledged that a significant obstacle for MSME entrepreneurs is securing loans at reasonable interest rates. However, IREDA has made substantial progress in improving the "Ease of Doing Business." This includes the implementation of faceless loan sanctions and disbursements, reduction in the documentation involved in loan sanction and disbursement cycle, as well as an expansion of geographical reach across the country.
Highlighting a successful case study involving lending to e-rickshaws through Mufin Green Finance, IREDA's Chairman intervened to lower existing interest rates ranging from 30% -36% to 18%. Leveraging its track record of making previously unbankable sectors bankable, he expressed confidence that company's initiatives would result in increased MSME participation in the green energy sector.
The CMD also underscored IREDA's unwavering commitment to encouraging farmers nationwide to reduce their carbon footprint through financing under the PM-KUSUM scheme. In a proactive move to boost MSMEs and contribute to the success of the PM-KUSUM scheme, IREDA recently launched its Retail Division. Soon after its establishment, Retail Division sanctioned its first loan, amounting to Rs. 58 crores under KUSUM-B.
IREDA is dedicated to continuously addressing the challenges faced by MSMEs and is actively working towards enhancing their participation in the Renewable Energy sector. The CMD also underlined that Agriculture Sector and MSMEs are the largest contributors in GDP Growth. He stressed the pivotal role that MSMEs play in environmental sustainability and informed that MSMEs currently constitute approximately 2% of the company's total loan assets in FY 22.
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Bhubaneswar, July 6 (IANS) With the collection of Rs 1,247.63 crore GST (state GST), Odisha has recorded a growth of 45.27 per cent in the tax collection in the month of June as compared to the June last year. The state had collected GST of Rs 858.83 crore during June 2021, officials said on Wednesday.
The gross GST collection increased to Rs 3,965.28 crore during last month from Rs 2,999.91 crore collected during June 2021, thereby registering a growth of 32.18 per cent.
Similarly, the state has collected Rs 1,063.33 crore in CGST with growth of 43.08 per cent, Rs 847.93 crore in IGST with growth of 0.63 per cent and Rs 806.39 crore in cess with growth of 45.22 per cent during June this year.
The total collection of VAT (petrol & liquor) is Rs 1,094.33 crore in June 2022 as against Rs 711.15 crore collected in June 2021, registering a growth rate of 53.88 per cent, the officials said.
Out of the total VAT collection, the state got Rs 860.57 crore from petroleum products and Rs 233.76 crore from liquor during June 2022. There is a growth of 26.14 per cent in professional tax with a collection of Rs 23.66 crore during June 2022 against collection of Rs 18.76 crore during June 2021.
State commissioner of commercial tax & GST, Sushil Kumar Lohani has instructed the field officers to ensure at least 90 per cent return filing, return scrutiny of all suspected/ big taxpayers as well as prompt demand and recovery in case of detection of irregularities.
He has also advised the tax officers to adhere to the principles of 5T and attend to the genuine grievances of the taxpayers promptly.
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(MENAFN- Trend News Agency) ASTANA, Kazakhstan, November 21. Kazakhstan and
Hungary will join forces to increase mutual trade, Trend reports.
The Minister of Foreign Affairs of Kazakhstan, Murat Nurtleu,
and the Minister of Finance of Hungary, Mihály Varga, agreed on
this during the 6th meeting of the Kazakh-Hungarian Strategic
The parties talked about current bilateral concerns in the
political, trade, economic, investment, cultural, and humanitarian
The ministers agreed that trade and economic cooperation between
Kazakhstan and Hungary is the primary driver of the two countries'
strategic alliance. In this context, the parties agreed on the
importance of properly utilizing the potential of the
Intergovernmental Commission on Economic Cooperation and
intensifying cooperation between Kazakhstani and Hungarian business
Murat Nurtleu emphasized the significance of taking real actions
to broaden the scope of collaboration between Astana and
In turn, Varga said that Hungary is a reliable partner for
Kazakhstan in the EU.
The parties also discussed issues of practical implementation of
the agreements reached during the visit of Hungarian Prime Minister
Viktor Orban to Kazakhstan. The ministers reached agreements to
join forces in implementing large joint projects, diversifying, and
increasing mutual trade. In turn, Kazakhstan confirmed its
intention to increase the range of export goods by 95 items in the
amount of about $700 million.
The trade turnover between Kazakhstan and Hungary amounted to
$172 million in 2022. From January through October 2023, trade
turnover amounted to $140 million, which is 22 percent more than
the same period last year.
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(MENAFN- AzerNews) By
As of December 2017, the overall progress of the Trans Anatolian Natural Gas Pipeline (TANAP) is 96.6 percent, TANAP General Manager Saltuk Duzyol told Trend.
He noted that the construction of Phase 0 from Georgia-Turkey border to Eskisehir is completed.
"Testing and commissioning for Phase 0 will start in January 2018. Phase 1 from Eskisehir to Turkey Greece border is ongoing as per the planned schedule. TANAP will be ready to deliver the first gas to BOTAS' national gas network in Eskisehir in June 2018," said Duzyol.
TANAP project, worth $7.9 billion, envisages transportation of gas from Azerbaijan's Shah Deniz field to the western borders of Turkey. The gas will be delivered to Turkey in 2018 and after completion of the Trans Adriatic Pipeline's construction natural gas will be delivered to Europe in early 2020.
The length of TANAP is 1,850 kilometers, with an initial capacity of 16 billion cubic meters of gas. Around six billion cubic meters of this gas is meant to be delivered to Turkey, with the remaining volume to be supplied to Europe.
Currently, the shareholders of TANAP are the Southern Gas Corridor CJSC (58 percent), Botas (30 percent) and BP (12 percent).
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(MENAFN- EIN Presswire)
COLUMBIA, SC, USA, June 23, 2022 /EINPresswire.com / -- Today, the Southeast Crescent Regional Commission launches its inaugural Coffee and Conversation series. This series of virtual events will occur over the next two weeks with the seven states which make up the Southeast Crescent region. Residents, community leaders and interested parties will have the opportunity to hear about SCRC's plans and priorities from Federal Co-Chair Dr. Jennifer Clyburn Reed. Attendees are encouraged to provide feedback and ask questions in real time.
“I'm excited to launch our Coffee and Conversation series,” said Dr. Clyburn Reed.“Hearing directly from the people who make up SCRC's seven-state region has always been a top priority for me. I look forward to making the process of planning and prioritizing SCRC's work a collaborative one.”
More information is available on SCRC's social media channels and webpage - . Each virtual event will start at 8:30am local time. The dates, states, and links to register are as follows:
June 23 - Georgia
June 24 - South Carolina
June 27 - Mississippi
June 28 - Florida
June 29 - Virginia
June 30 - North Carolina
July 6 - Alabama
About the Southeast Crescent Regional Commission (SCRC)
The Southeast Crescent Regional Commission (SCRC) is a federal-state partnership authorized in the 2008 Farm Bill to promote and encourage economic development in areas of Alabama, Georgia, Mississippi, North Carolina, South Carolina, Virginia, and all of Florida. SCRC invests in projects that support basic infrastructure, business development, natural resources, and workforce/labor development. SCRC's mission is to help create jobs, build communities, and improve the lives of those who reside in the 408 counties of the seven-state region.
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Mumbai, Nov 27 (IANS) Anand Gandhi changed the landscape of Hindi cinema with his directorial and production ventures like 'Ship Of Theseus', 'Tumbbad', 'An Insignificant Man' and 'OK Computer'.
The filmmaker, who is known for a different kind of cinema surrounding offbeat topics, has announced his next titled 'The Future of Living TERRA', a 1-minute reel format short film, which follows the theme of terraforming Mars.
Anand took to his social media to announce the film with its poster. He captioned the picture, 'From Mars to Earth. From barren lands to regenerative cities. The future of human civilisation is #IntheMaking Tune into Instagram's Cinema Reels Film (a 1 Minute short) - Terra directed by me. Coming Soon on Voot Instagram & Voot.'
The poster features an astronaut walking on what looks like the red crust of Mars, with his back facing the sun. Soon after, admiration started pouring in for Anand with fans and audience expressing their excitement. The film spins the concept of reels and aims to tell a compelling story in the shortest possible time frame.
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(MENAFN- Asia Times)
Three Vietnamese nationals – two men and one woman – were charged with possession and trafficking of almost 500 grams of methamphetamine in Cambodia on Tuesday.
The two men were identified as Chang Wang Tao, a carpenter, and Sok Ly, a mechanic, while the woman was Dam Kimdep, a massage spa owner. All of them are 50 years old. Lieutenant-Colonel Bour Sothy, the deputy provincial police chief of Sihanoukville, identified the three defendants at the provincial court on Tuesday, the Khmer Times reported.
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Bour Sothy said the trio had coordinated with a drug syndicate to sell narcotics to tourists, specifically Vietnamese and Chinese. Chang was arrested around 8:30am on September 30 after he sold drugs to an undercover cop at his own house in a local commune.
Seven packages of crystal meth and a mobile phone were confiscated from Chang, who named Sok Ly as an accomplice, who was arrested several hours later. Another package of crystal meth and a mobile phone were also found.
Sok Ly gave the police intel on Dam Kimdep, who was arrested at her massage establishment in the Buon Commune. The same contraband was taken from her as well.
Since the abolition of the death penalty in Cambodia, the prescribed punishments for drug crimes range from five years to life imprisonment.
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(MENAFN- Arab Times) Debts collected in coordination with PACI: Al-Fares
KUWAIT CITY, Sept 19: Minister of Education and Higher Education Dr Muhammad Al-Fares was quoted as saying he adopted 19 executive measures to reduce the ministry's expenditure in line with State policy and decisions of the Civil Service Commission (CSC).
In response to parliamentary questions concerning excessive expenditure of the ministry, Al-Fares said the ministry reviews report of State Audit Bureau concerning contracting companies violating regulations and terms of contracts in order to deduct relevant fines.
Al-Fares pointed out that the ministry collects debts in coordination with the Public Authority for Civil Information (PACI) by asking for address of the debtor before contacting Civil Service Commission and the Public Institute for Social Security to deduct the balance due from the debtor's indemnity.
He added relevant official bodies are also notified about the deduction of arrears from debtor's salary and transferring the sum to the ministry's account. He noted the ministry addresses the Government and Manpower Reconstruction Program for the same purpose before deducting and transferring debts to the ministry's account.
He reiterated the ministry notifies the Fatwa and Legislation Department to take necessary steps to file lawsuits against debtors in case the above-stated authorities decline to act. He added the ministry implemented measures to prevent accumulation of new debts as per Decision No. 19/2016. He pointed out that strict decisions have since been taken to activate the criteria of selecting the beneficiaries of excellent performance allowance.
Rana Salem Al-Seyassah / Arab Times Staff
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