A Jordanian PHD student on the threshold of a patent in nuclear power field
(MENAFN- Jordan News Agency) Amman, Dec. 25 (Petra)-- A Jordanian PhD student of National Research Nuclear University MEPhI (Moscow Engineering Physics Institute) conducted a unique experiment for new method of nondestructive testing at the pulsed fast reactor IBR-2 in Dubna city, Russia.
Ayman Ahed Abu Ghazal, in a nuclear power installations specialty, including design, operation, decommissioning, department of Instrument and Installation Design- Faculty of Physics and Technology, engaged in the improvement of a new method of nondestructive testing and conducted the experiment at the pulsed fast reactor IBR-2 in the Frank Laboratory of neutron physics, at the Joint Institute for nuclear research (JINR), Dubna-Russian federation.
The young scientist became the first and only representative of an Arab country, allowed to work in the reactor.
25/12/2017 - 01:23:45 PM
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(MENAFN - Khaleej Times) The Abu Dhabi Police rescued a 27-year-old man - an Arab citizen - by airlifting him after he was left stranded when his motorcycle overturned in a sandy area in Al Ain.
After rescuing him, the injured man was referred to the hospital for treatment.
The air wing sent message from the operations room to the crew of the helicopter deployed in the area, telling them that a man was stuck in the desert as his bike had flipped over.
The helicopter immediately reached the scene. The medical team provided first-aid to the injured person. Later, he was taken to Tawam Hospital.
Brigadier General Ibrahim Hassan Al Baloushi, director of the air wing, said: "This operation comes within the framework of Abu Dhabi Police's keenness to follow up on humanitarian tasks and to respond quickly to calls and announcements in various locations, especially in rugged areas and sand dunes that cannot be reached by ambulances."
He added that the management of the air wing, its divisions and all staff - including crews - are working round-the-clock in various places to maintain security and safety, and to provide assistance when receiving any distress call. He called on road users to ensure they have security and safety tools when going to deserts, especially GPS, and to report in case of any emergency.
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(MENAFN- The Peninsula) QNA
Doha: The Ministry of Economy and Commerce has invited commercial companies, subject to the provisions of Law 11 of 2015 on the Commercial Companies and Law 25 of 2005, as amended by Law No. 20 of 2014 on Commercial Registration, in which the trade names of the branches are different from the company's trade name or have an activity different from the purposes specified in the founding document or the statutes, to contact the ministry to adjust their situation to comply with the laws before the expiration of the period of exempting from ending by January, 1st 2018.
The ministry said in a statement that the decision of pushing back the deadline for the adjustment of the situations of commercial companies comes in line with the strategic directions of the Government of the State of Qatar to facilitate the practice of business, and to increase the flexibility of the national economy and enable its competitiveness locally and abroad.
The statement said that through this decision, the Ministry is keen to provide all the means of assistance and flexibility to existing companies, which will lead to increasing confidence in the Qatari business environment and strengthening partnership with the private sector, in order to achieve Qatar National Vision 2030 with a diversified and sustainable competitive economy.
The Ministry of Economy and Commerce called on the commercial companies to promptly contact the Ministry's premises in Lusail, the second floor, tower (B), in order to adjust their situations.
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Susan Arnold was named chairman of the board of Walt Disney Co on Wednesday, making her the first woman to be Disney's first woman chair in the company's 98-year history.
Arnold, who has been on the board for 14 years, will take over from Bob Iger on Dec. 31.
Iger served as Disney's CEO for 15 years until stepping down in the year 2020. He will leave the firm at the end of this month. Then at Disney, Susan Arnold will officially become the first woman chair.
Arnold's appointment comes at a time when large corporations are moving away from an organizational structure in which the same person holds both CEO and chairperson roles. It is a result of a push by corporate-governance experts, shareholders, in some cases, regulators to separate the two roles.
Arnold was previously an operating officer with the Carlyle Group, a private equity investment firm. She has also worked with Procter & Gamble and McDonald's Corporation earlier.
Alan Horn, the president, and Gary Marsh, the chief creative officer of Disney Branded Television, and Alan Braverman, the corporate general counsel are among the Disney execs who have declared plans to leave by the end of the year 2021.
Disney Susan Arnold woman chair
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Halloween fun in and near River Falls
These are submitted local and area events that are held to celebrate Halloween or the fall harvest season.
Downtown River Falls
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(MENAFN- Gulf Times) Some 757,000 people took part in protests across France yesterday against President Emmanuel Macron's plans to reform the pensions system, police said, fewer than on two previous protest days.
The hard-left CGT union put the turnout for yesterday at“close to two million”.
Public transport, schools and refinery supplies were disrupted as trade unions led a third wave of nationwide strikes. Yesterday's multi-sector walkouts come a day after pension reform legislation began its bumpy passage through parliament, and are a test of Macron's ability to enact change without a working majority in the National Assembly.
The government says people must work two years longer - meaning for most until the age of 64 - in order to keep the budget of one of the industrial world's most generous pension systems in the black. The French spend the largest number of years in retirement among OECD countries - a deeply cherished benefit that a substantial majority are reluctant to give up, polls show.
At the start of a protest march in Paris, union leaders Philippe Martinez of the hardleft CGT and Laurent Berger of the moderate CFDT stood side by side to denounce the pension reform.
“This reform will upend the lives of several generations. If the government stubbornly forges ahead, we will step up our protest with longer and harder actions,” Martinez said.
Berger, whose union traditionally takes a more conciliatory stance, rejected sweeteners offered by the government, such as increasing the lowest pensions.“These concessions are just patches. Increasing the legal retirement to 64 is the core of this reform and it is deeply unfair. It is a democratic folly for the government to turn a deaf ear to the protest,” he said. Strike participation appeared lower than a week earlier, data showed, but the government will be watching street protests to gauge how strong public opposition remains.
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(MENAFN- UkrinForm) On the night of December 3, the enemy attacked Ukraine with 12 Shahed UAVs launched from Russia's Primorsko-Akhtarsk and an Kh-59 guided missile launched from Russia's Belgorod region. Ukraine's air defense forces intercepted 10 kamikaze drones.
The General Staff said this in its morning update on Facebook , Ukrinform reports.
According to the report, the combat UAVs attacked in several waves, approaching Mykolaiv region through the temporarily occupied territories of Kherson region. Read also:
Ukrainian forces intercept 10 out of 11 Russian Shahed drones
"It was in Mykolaiv region, in the area of responsibility of the Air Command South, that most of the Shaheds were destroyed by air defenses. The rest of them were heading in the northwest direction and were shot down in the area of Starokostiantyniv in Khmelnytskyi region,” the General Staff emphasized.
As result of combat work, air defenses of Ukraine's Air Force and Defense Forces destroyed 10 Shahed combat UAVs. The Kh-59 guided air missile did not reach its target.
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NATO chief sees financial aid for Afghan forces
WASHINGTON (AP) -- NATO's secretary-general says he's optimistic that the international community will continue to finance the Afghan security forces.
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The National Institute for Health Specialties has marked a new era in medical education with the launch of the Comprehensive Clinical Exam (CCE) of the Emirati Board on November 18, 2023. This pioneering exam, created entirely by the country's intellectual talent, sets a precedent in aligning with international standards, offering a comprehensive assessment of postgraduate healthcare trainees' knowledge, diagnostic reasoning, and clinical judgment skills.
This initiative is part of the Institute's strategy to redefine and enhance standardization and benchmarking in medical education. By integrating superior training, accreditation of institutions and programs, and rigorous assessment methodologies, the Institute is paving the way for certifying medical specialists for independent practice.
A key aspect of this visionary approach is the emphasis on cultivating core competencies for healthcare professionals. This holistic educational model ensures that practitioners are not only technically proficient but also deeply attuned to the societal and emotional needs in healthcare, thus preparing them to adeptly respond to the dynamic demands of modern society.
With this launch, the National Institute for Health Specialties reaffirms its commitment to excellence in medical education and healthcare services, poised to shape a new generation of skilled and compassionate healthcare professionals.
Over 153 trainees from various healthcare institutions in the country participated in these exams. The clinical assessments spanned a spectrum of specialties, including Pediatrics, Internal Medicine, Family Medicine, Emergency Medicine, Psychiatry, Obstetrics and Gynecology, and Dermatology.
The assessment process involved more than 117 examiners, representing experienced consultants in diverse fields and specialties. This diversity in examiners reflects a commitment to achieving a comprehensive assessment covering various aspects of medical practice.
The National Institute for Health Specialties affirms its commitment to excellence and competence in medical education.
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India - 2022 Volvo XC60 (facelift) review: Should you buy it?
The XC60 has been one of the best selling models for Volvo in India. The Swedish automaker has tasted considerable success with its SUV portfolio worldwide, including India and it wants to maintain that momentum with the XC60 (facelift). One of the biggest highlights of this updated mid-sized luxury SUV includes a turbo-petrol mild-hybrid powertrain alongside a raft of new features. Here's our review.
Context Why does this story matter?
Volvo has shifted its priorities from a diesel-focused line-up to a petrol one while also embracing an electrified future with numerous EV models in the pipeline. For now, its mainstream models feature a mild-hybrid system which will aid in efficiency and provide diesel-like torque. This story provides a detailed overview of what the updates to the XC60 are all about.
Exteriors The car gets more chrome detailing for a premium look
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(MENAFN- AzerNews) By
Today's Azerbaijan is a symbol of progress and modernization, said Rosen Plevneliev, the former president of Bulgaria.
"We should never forget how it all started 25 years ago the country was broken, polluted, bankrupted and isolated. The people of Azerbaijan and its leadership went to dramatic and very positive transformation," he told Trend.
Plevneliev emphasized that Azerbaijan contributes to international security, promotes ethnic and religious tolerance, is a symbol of economic and social development and contributes to peacekeeping efforts all over the globe.
Azerbaijan is an active and respected member of all international organizations, he added.
"Azerbaijan is a host of a number of events with global importance. For example, the Baku Global Forum of the Nizami Ganjavi International Center, the First European Olympic Games and many others. Azerbaijan and its people are an example of Nizami Ganjavi's legacy of intercultural and interreligious exchange and wisdom," he noted.
Further highlighting unique tolerant atmosphere existing in the Azerbaijani society, Plevneliev said that Azerbaijan has all the reasons to be proud of its balanced foreign policy, promoting understanding and peaceful coexistence of different nations and religions.
Plevneliev emphasized that Azerbaijan is a strong supporter of cultural exchange, dialogue and understanding between people, cultures and religions.
"Positioned on the crossroads between East and West, Azerbaijan serves as a bridge and strong promoter of cooperation and peaceful coexistence. Together with Azerbaijan we all stand against separatism, extreme nationalism, terrorism and religious intolerance. The Azerbaijani society today gives an exceptional example for the world to follow, an example of tolerance, dialogue and understanding, an example of harmony and humanity, where everyone no matter of its color or religion is valued and respected," he said.
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Moscow, Aug 12 (IANS) Russian journalist Marina Ovsyannikova, whose residence was raided earlier this week, has been put under house arrest until October 9 over her criticism of Moscow's ongoing war against Ukraine.
Russian news agencies reported the decision by a Moscow court on Thursday, reports dpa news agency.
It is part of a criminal case against 44-year-old Ovsyannikova for the alleged spreading of false information about Russian armed forces.
She faces between five and 10 years in prison, according to Interfax news agency.
Her home was raided by security officers on Wednesday after which she was arrested.
Ovsyannikova worked for Russian state television's Channel One and had been considered loyal to the Kremlin until she held an anti-war banner up to the camera in a news broadcast in March.
The banner read: 'Stop the war. Don't believe the propaganda. You are being lied to here.'
She spent several months abroad afterwards working for German newspaper Die Welt.
In July, she again protested the war near the Kremlin.
Under Russian law, Moscow's war on Ukraine can only be referred to as a special military operation and penalties for criticizing the army's actions were made tougher in March.
Ovsyannikova has only been issued with fines on the smaller end of the scale so far.
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CSW Skyrockets on Earnings
CSW Industrials, Inc. (NASDAQ: CSWI) today reported record results for the fiscal 2023 fourth quarter and full year periods ended March 31, 2023.
Total fourth-quarter revenue increased 12.9% to $195.7 million, with an organic growth rate of 10.5%. Net income attributable to CSWI increased 46.7% to $27.1 million, compared to $18.4 million, with no adjustments to earnings in either period. Earnings per diluted share (EPS) increased 48.7% to $1.74, compared to $1.17
For the full year, total revenue increased 21.0% to $757.9 million, with an organic growth rate of 15.3%
Net income attributable to CSWI increased 39.1% to $96.4 million, compared to $69.3 million, adjusted to exclude the final TRUaire purchase accounting effect from the GAAP amount of $66.4 million
EPS of $6.20 increased 41.2%, compared to $4.39, adjusted to exclude the final TRUaire purchase accounting effect from the GAAP EPS of $4.20.
CEO Joseph Ames remarked, "I am very pleased with our financial results in fiscal 2023. We had a record year, driven by both strong organic growth and our accretive acquisitions. This growth has driven an improvement in profitability as we continue to leverage our revenue growth, resulting in higher margins and higher free cash flow."
CSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Engineered Building Solutions, and Specialized Reliability Solutions. CSWI provides niche, value-added products with two essential commonalities: performance and reliability.
CSW shares popped $4.75, or 3.6%, to $138.26.
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(MENAFN - Jordan Times) BONN — A Jordanian delegation headed by Minister of Environment Yaseen Khayyat is currently participating in the global negotiations on environment at the 23rd session of the Conference of the Parties (COP 23) in Bonn, Germany.
The delegates aim to come out of the international conference with a 'clearer' financing method of climate change mitigation and adaptation projects, in addition to stronger pledges from donor countries.
Ministry of Environment Secretary General Ahmad Qatarneh said that, without proper financing, developing countries like Jordan cannot do their part in fighting climate change.
'The financing mechanism of resilience boosting and mitigation projects is still unclear. We expect that donor countries will announce clear financing plans as the conference proceeds,' Qatarneh told The Jordan Times on the sidelines of the conference.
The government official highlighted that Jordan has prepared and submitted four national communications to the United Nations Freamwork Convention on Climate Change in addition to a Biennial Update Report (BUR).
'We have done our homework and now it is the turn of the donor countries to do theirs,' Qatarneh underscored
Jordan's first BUR, which was released last week, provided an update on greenhouse gas emissions, mitigation actions and constraints and gaps related to environmental change. It also included an outline of the support needed.
Jordan is categorised as a low carbon-emitter nation, with official figures indicating that the country contributed27,997.73 Gg of CO2eq or 27.99 million tonnes (Mt) of CO2eq of greenhouse gases to the atmosphere in 2012.
Although not a main contributor to climate change, officials and local scientists say that the country is being affected by the issue.
Jordan's 2013-2020 Jordan Climate Change Policy suggests that the country will witness a 1 to 4°C increase in temperatures and a 15 to 60 per cent decrease in precipitation. Both changes could in turn have aserious impact on the Kingdom's natural ecosystems, river basins, watersheds and biodiversity.
Meanwhile, a study carried out by the Stanford University and the Ministry of Water and Irrigation in 2015 indicated that climate change over the past two decades had caused a drastic drop in rainfall, prolonging dry spells in Jordan.
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Uber Will Ship Through Mail Carriers
Uber (NASDAQ:UBER) shares rose Wednesday, on the announcement regarding its shipping policy. The ride sharing service now says it's offering return package shipping through mail carriers through its Uber and Uber Eats apps.
The apps, traditionally used for ride-hailing and food delivery services, now offer the“return a package” feature, which allows customers to send up to five packages at a time for a $5 flat fee or $3 for Uber One members. Drivers will pick up the packages and drop them off at UPS (NYSE:UPS), FedEx (NYSE:FDX) or USPS.
“Return a package” is available in dozens of major metro areas across the country and will exist in addition to the Uber Connect program, which launched in 2020 as a same-day delivery option for customers to send packages to and from local destinations.
Packages that are shipped through Uber Connect must be prepaid, sealed and ready to be shipped. Additionally, packages must weigh less than 30 pounds and be under $100 in value. Uber's shipping guidelines prohibit the delivery of some items, such as money, gift cards and fragile items.
Customers will also be able to follow their packages with live tracking in the Uber app, which will include a photo of the receipt once the delivery has been completed.
In addition to the flat fee, standard tipping options are available for package deliveries.
UBER shares gained 36 cents to $44.87.
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(MENAFN - The Conversation) Professor of Psychology,
Dr. Goldberg received a B.A. from Wesleyan University in 1999, and an M.S. and Ph.D. from the University of Massachusetts in 2001 and 2005, respectively. She has been at Clark since 2005.
Dr. Goldberg is interested in how a variety of social locations (e.g., gender, sexual orientation, social class) and contexts (e.g., work, family, community) shape processes of development and mental health. Her research focuses on parenthood, relationship quality, and well-being in diverse families (e.g., adoptive parent families, lesbian/gay parent families) in an effort to increase our understanding of family diversity. For over a decade, she has been conducting a longitudinal study of adoptive parenthood among lesbian, gay, and heterosexual couples. She is also currently conducting research on transgender students'' experiences in higher education. She teaches courses on the psychology of sexual orientation, human sexuality, diverse families, and ethics in clinical psychology.
- –present Professor of Psychology, Clark University
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Recycling effort keeps growing
With five collection sites located in Detroit Lakes, recycling continues to climb and the county is looking at more options.
Tuesday evening, the city council passed a resolution of support for the county and those options.
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(MENAFN) In a notable statement, Mariana Bezuglaya, a lawmaker from Ukrainian President Zelensky's ruling party, 'Servant of the People,' encouraged Ukrainian women to volunteer for military service, emphasizing the importance of citizens joining the Armed Forces to support the country. Bezuglaya made this suggestion in a Facebook post commemorating International Volunteer Day, expressing gratitude to those who had volunteered to assist the Ukrainian military but urging a shift toward direct enlistment.
In her post, Bezuglaya argued that the duty of the state is to provide necessary resources, while the duty of citizens is to pay taxes. She asserted that the best form of volunteering in the current climate is to enlist in the Armed Forces of Ukraine, emphasizing the symbiotic relationship between the people and the state.
Facing a barrage of comments, Bezuglaya reaffirmed her stance less than an hour later. Addressing mobilized servicemen, she stressed the need for new recruits to strengthen existing units, provide relief to current personnel, and contribute to the country's defense efforts. Importantly, she explicitly included women in her call for military service in 2024.
This statement comes amid heightened expectations in Ukraine for the government to unveil a new mobilization plan. President Zelensky had promised a "comprehensive proposal" in late November, and Aleksey Danilov, the secretary of Ukraine's National Security and Defense Council, hinted at potential changes, including the discharge of some mobilized troops and collaboration with private companies to recruit specialists based on their skills.
Russian intelligence reports suggest that Western supporters of Ukraine are advocating for an expansion of the draft to include teenagers, older men, and women. Bezuglaya's call for women to join the Armed Forces aligns with these discussions about potential changes to the mobilization strategy and adds a gender-inclusive dimension to the ongoing discourse surrounding Ukraine's defense capabilities.
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(MENAFN- Jordan News Agency)
Amman, Sep. 14 (Petra) - President of Princess Sumaya University for Technology (PSUT) Wejdan Abu Elhaija and President of the World Academy of Sciences (TWAS) Quarraisha Abdool Karim have had a discussion on how to leverage science and technology to better the lives of people and address the requirements of the youth in the domains of science and technology.
During the meeting, Elhaija spoke about the impressive history of the university and highlighted its numeracademic and research accomplishments, as well as its diverse extracurricular activities for students, according to a Thursday statement.
She emphasized the university's commitment to fostering cooperation with international institutions to drive scientific advancement and innovation.
Quarraisha praised the ingeniprojects of the PSUT students, which showcase their creativity and merge science with practical necessities of global societies in resolving ecological and industrial predicaments. "This attests to the dedication of both students and management of this exceptional academic institution in generating innovative technologies and solutions grounded in science and knowledge."
She gave a thorough explanation of the TWAS, an organization that is affiliated with UNEand has its main headquarters in Italy. The TWAS aims to assist students and researchers by providing access and support, as well as promoting scientific capacity-building, education, and communication programs.
The TWAS and its partners offer over 600 scholarships each year to scientists in developing countries who want to pursue doctoral degrees and post-doctoral research, she stated.
The two sides agreed to prepare a cooperation agreement to strengthen international relations and cooperate in science and technology.
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Lake Connections hires Walker, Brodin
Lake Connections announced the addition of two new members to their headquarters team in Two Harbors, Georgia Walker and Josh Brodin as customer support specialists.
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(MENAFN- Khaleej Times)
As cyber attacks and online scams increase all over the world, authorities urged residents to follow safe practices while surfing online.
A new campaign launched by the Abu Dhabi Digital Authority, in cooperation with the Cyber Security Council, aims to strengthen awareness of cybersecurity risks and show internet users how to avoid falling prey to scamsters.
Earlier, the UAE Cybersecurity Council had launched the Cyber Pulse initiative to encourage all residents to play a part in cybersecurity in order to enhance digital awareness.
Here are four essential Don'ts to follow:
1. Do not engage with anonymous callers
2. Avoid visiting suspicious websites
3. Never use the same password over and over again
4. Never share your personal information online, such as bank details
To report online scams call the toll free number – 8002626
- Travelling this summer? Beware the scammers
- TikTok prank based on real fraud: How cybercriminals in UAE convince victims to call them
- Tinder swindler: UAE resident looking for second wife loses savings to crypto scam
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Govt improving law and order, health, education: Shahbaz
Chief Minister Punjab says projects worth billions of rupees are being implemented for public welfare in the province.
Punjab Chief Minister Shahbaz Sharif says the government is pursuing an effective strategy to ensure law and order and improve education, health and other sectors in the province.
Talking to MPA Jamil Hassan Khan in Lahore today, he said the public representatives should work to address public issues.
Shahbaz Sharif said projects worth billions of rupees are being implemented for public welfare in the province.
He said solid steps have been taken to ensure merit and transparency.


Chargers don’t let losses linger
The Brandon-Evansville girls’ basketball team is still unbeaten in the Little Eight Conference heading into a matchup at Parkers Prairie tonight.
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(MENAFN) The worth of Iran’s non-oil exchange surged 19 percent in the fourth Iranian calendar month (June 22-July 22), compared to the same month of the last year, the representative of the Islamic Republic of Iran Customs Administration (IRICA), declared.
Ruhollah Latifi stated that the nation exchanged 10.997 million tons of non-oil goods valued at USD8.947 billion in the stated month, IRNA mentioned in a report.
The official put the Month-on-month non-oil shipments at 7.992 million tons valued at USD4.171 billion, signifying a rise of 24 percent in terms of worth and a two-percent surge in mass, annually.
As stated by Latifi, the Islamic Republic shipped in 3.005 million tons of goods worth USD4.776 billion in the mentioned month, recording a 15 percent surge in comparison with the number for the same month in the previous year.
Iran's highest export destination throughout this span of time was China with USD1.403 billion value of imports from the Islamic Republic, trailed by the United Arab Emirates (UAE) with USD619 million, Iraq with USD574 million, Turkey with USD323 million, as well as India with USD143 million value of imports from Iran.
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The visit of President Ilham Aliyev to Serbia's Belgrade on
November 23 has opened a new page in the relations between
Azerbaijan and Serbia. The signing of important documents will give
an additional impetus to the further development of cooperation
between the two countries in various economy fields and bring the
relations to a new level.
As Dusan Prorokovic, Head of the Center of Eurasian Studies at
Institute of the International Politics and Economics, told
trend , the relations between Azerbaijan and
Serbia have been productive so far, and now the focus will mainly
shift to energy cooperation.
“In the first place is energy cooperation. On the one hand,
there is the idea of a joint project. Serbia would import gas from
Azerbaijan, then produce electricity using gas-fired power plants,
and then sell the electricity on the EU market. We also have
limitations for realization of this project, it cannot be realized
quickly, but it would be profitable for both Azerbaijan and Serbia.
On the other hand, Serbia is interested in importing Azerbaijani
oil,” the expert said.
Prorokovic has rightly pointed out that the Southern Gas
Corridor acts as an alternative route for gas supply to Serbia.
“There has been a lot of talk about Azerbaijani gas in Europe
for the last eight months. All European countries are interested in
buying Azerbaijani gas. Serbia is just one of them,” he said.
At the same time, green energy is also among promising fields of
cooperation between the two countries, Prorokovic noted.
“Azerbaijani companies have been developing green technologies.
According to the same model as with gas, it is possible to produce
green energy in Serbia and sell it on the EU market,” the expert
Thus, as the expert thinks, there is always room for improvement
Today Azerbaijan creates new economic opportunities not only for
the countries in the region, but also to its European partners.
Azerbaijan is highly valued as a reliable partner in various
partners. Good political and economic relations between Azerbaijan
and Serbia will result in further development, trade increase and
new joint projects launch.
Follow us on Twitter @azernewsaz
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(MENAFN- GlobeNewsWire - Nasdaq)
TORONTO, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Nobel Resources Corp. (TSX–V: NBLC; OTC: NBTRF) (the“Company” or“Nobel”) has decided to withdraw from its option to acquire the Salvadora project (the“Project” or the“Property”) in Chile. According to Vern Arseneau, COO of Nobel,“The Company has reviewed all of the technical results to date. The Company intersected copper mineralization from all drill holes, which were located in two areas of the Property, including several intervals grading more than 1% copper. However, the mineralization did not demonstrate sufficient grade or continuity to support development of a commercial scale copper mining operation. The potential for a covered oxide zone associated with the sulphide copper mineralization was also evaluated by drilling, and the extent of the copper oxide mineralization was too limited for development. The Company is excited to pursue its recently acquired Pircas Verde Project, where potential for a larger deposit remains to be tested.”
The scientific and technical information in this news release has been reviewed and approved by Mr. David Gower, P.Geo., as defined by National Instrument 43-101 of the Canadian Securities Administrators.
Nobel Resources is focused on exploring for and developing copper projects in Chile, the premiere copper mining jurisdiction globally. The Company has a team with a strong background of exploration success in the region.
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(MENAFN) On Friday, January 8, the Federal Statistical Office (Destatis) stated that German exports during November 2020 increased by 2.2 percent compared with October to 111.7 billion euros (USD136.6 billion).
During November, German exports continued to recover from the decline caused by the coronavirus pandemic but remained 4.7 percent lower compared to February 2020, the month before the constraints started in the country.
Destatis said Indonesia’s exports to China continued to increase and had reached 14.3 percent compared to last year, around USD11.36 billion in November.
Christian Grimme of the Center for Macroeconomics and Surveying at the Ifo Institute told Xinhua on Friday that the main reasons for this were China’s “fast economic recovery” and “faster control of the coronavirus.”
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Minister for Finance Bishnu Poudel. (File Photo)
KATHMANDU: Minister for Finance Bishnu Poudel has said that the government was moving ahead by bringing the private sectors into confidence.
Minister Poudel said that the government was always with the private sector to address their concerns at a program of the representatives of the Confederation of Nepalese Industries (CNI).
He also urged the private sector leaders to work with high morale and optimism in this critical hour caused by the COVID-19 pandemic.
Minister Poudel assured of government’s support the private sector in policy and promotion level as well.
He added that the government was bringing refinancing package to ease the continuity of businesses to the private sector.
Likewise, CNI representatives urged the Minister for effective implementation of policy and programs brought in the current budget.


(MENAFN- Kashmir Observer)
Srinagar- As many as 92 officers of Jammu & Kashmir Administrative Service (JKAS) and Jammu & Kashmir Police Service (JKPS) are attaining superannuation in the calendar year 2022.
According to reports, 56 JKPS officers and 36 JKAS officers would retire in the year 2022. Both the Home department and General Administration Department- who are respectively cadre controlling authority for JKPS and JKAS- have already notified the names of officers who are attaining superannuation in the next 12 months.
According to a notification of the Home department, 56 officers of different ranks, mostly deputy superintendents of police (DySPs), would retire in the next 12 months.
Of them, seven officers would retire on January 31, six on February 28, 11 on March 31, nine on April 30, six on May 31, one on June 30, three on July 31, one on August 31, three on September 30, four on October 31, one on November 30 and four on December 31.
It is worthwhile to mention that 36 JKAS officers would also retire in the calendar year 2022. Those figuring in the list include Gazzanfar Ali (Director General Youth Service & Sports), Farooq Ahmad Shah (Secretary, Housing & Urban Development Department) and Showkat Aijaz Bhat (Commissioner State Taxes, J&K).
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(MENAFN- Trend News Agency ) Five people including a police officer were killed Sunday in an ambush by Islamic State (IS) militants in Iraq's northern province of Kirkuk, a police source told Xinhua.
The incident took place when IS militants set up a fake checkpoint on a road connecting the town of Ryadh and Hawijah in southwestern part of Kirkuk province, and intercepted a car carrying the five people, including Colonel Fadhel al-Sab'awi head of a police station, and shot them dead, the source from Kirkuk police said.
The extremist militants fled the scene after killing the five people, the source said, adding that the security forces launched a search campaign searching for the attackers.
Earlier in the day, a security source from the neighboring Salahudin province told Xinhua that four paramilitary Hashd Shaabi members were killed and six others injured in an attack by more than 30 IS militants on a Hashd Shaabi base near the town of Dour in east of the provincial capital Tikrit, some 170 km north of Baghdad.
During the past few months, dozens of IS militants fled their former bases in Salahudin province and Hawijah area in west of Kirkuk after the Iraqi forces cleared these areas during major anti-IS offensives.
On Dec. 9, Iraqi Prime Minister Haider al-Abadi officially declared full liberation of Iraq from IS militants after Iraqi forces recaptured all the areas once seized by the extremist group.
However, small groups and individuals of IS militants melted in urban areas or resorted to deserts and rugged areas in many areas in Iraq looking for safe havens.
They are still capable of carrying out attacks from time to time against the security forces and civilians.
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New Delhi, July 2 (IANS) A plea has been moved in the Delhi High Court seeking directions from the Centre to consider constituting a welfare board for home nurses and domestic workers and also a committee for examining their situation in the national capital.
The civil writ petition, in the nature of Public Interest Litigation (PIL), moved by an NGO through advocates Robin Raju, Deepa Joseph, and Blessan Mathews, sought to highlight the pathos of home nurses and domestic workers, stating the pandemic brought to the fore their concerns.
The petitioner, Distress Management Collective has come across numerous grievances of these workers who had to face exploitation from the placement agency and the employer both, the plea stated.
Home nurses and domestic workers had to put their lives in jeopardy and ignored the well-being of their own families for taking care of the needs of their employers round the clock, it said, adding that it would be no exaggeration to state that lives of many elders were saved from the deadly Covid virus due to the care and protection rendered by this unsung group.
It is imperative to take note that home nurses, who are mostly females, often hail from poor and uneducated background and the agencies that hire them take advantage of this fact. The situation of domestic workers is not different either, it said.
The petitioner said that it has been made to understand by the victims of exploitation that the home nurse recruitment agencies take commission every month from their hard-earned monthly salary. This practice of taking a share from the salary every month must be deprecated and put to a halt, the plea contended.
Furthermore, the home nurses are often made to work without break. Many are hired on the condition that they have to take care of a bedridden patient 24x7 and this harsh condition is accepted out of compulsion.
The home nurses due to conditions put on them have to leave their homes and live with the patient. It is due to this that the need to ensure the safety of a home nurse gains relevance. A home nurse works under the constant fear thinking that if anything untoward happens to the patient they are taking care of, they would be the first on whom the family members of the patient would point finger at, it said.
It also said that in the recent past, the organisation has come across a number of complaints, particularly pertaining to non-payment of outstanding salaries, and in most cases, the recruitment agencies concerned abandon them.
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(MENAFN- The Rio Times) Emerging market currencies are set for their best year since 2017, experiencing a late surge as 2023 nears its end.
This upturn has been driven by improved U.S. inflation data, sparking hopes of a Federal Reserve rate cut by mid-2024.
As of Tuesday, the MSCI EM Currency Index has gained 3.4% this year, a notable increase since October.
Eugenia Victorino, Head of Asia Strategy at SE , suggests that the recent rapid gains might lead to short-term market volatility.
She acknowledges the positive trend but advises caution due to the swift pace of the recovery.
This turnaround in emerging currencies follows a year of unexpected fluctuations, influenced by premature speculations on China's economic growth and changes in U.S. monetary policy.
The global consensus now indicates the end of monetary tightening, shifting market focus toward emerging economies.
The dollar's decline this month further bolsters investment in these markets.
Due to their central banks' aggressive rate hikes, Latin America and Eastern Europe have seen substantial returns.
Since October, key players in the rally include the Polish zloty and Hungarian forint.
In Latin America, carry trade strategies, where investors borrow in lower-yielding currencies to invest in higher-yielding ones, have proven profitable.
Currencies like the Colombian peso, Mexican peso, and Brazilian real have each offered investors over 15% gains.
Goldman Sachs strategists predict that emerging markets will continue to offer attractive returns in 2024, especially through carry trades.
They anticipate that half of the expected 10% sovereign bond returns next year will stem from these trades, a sentiment echoed in the bank's outlook report by analysts, including Andrew Tilton.
This trend highlights the growing appeal of emerging markets as a lucrative investment arena amidst global economic shifts.
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(MENAFN- Khaleej Times) Published: Thu 1 Jun 2023, 11:03 AM
Last updated: Thu 1 Jun 2023, 11:08 AM
The Field Survey Initiative launched by the Abu Dhabi Civil Defence Authority in cooperation with the strategic partners in the emirate revealed a set of violations and malpractices in a number of buildings and establishments.
ADCD said that these practices - discovered during unannounced visits over a period of two weeks, conducted by inspection teams - affect the safety of residents and visitors.
The authority called on the owners of buildings and establishments to ensure that safety measures are met in all in buildings and facilities.
ADCD also urged owners to contact its specialists to ensure contracting with approved companies to maintain fire systems with the aim of protecting people's lives and property in the emirate.
Lt Col IAbdullah Al Marzouqi, Director of the Field Survey Initiative, said that the reports of the preliminary survey and inspection committees found a set of defective practices that require urgent measures to be amended.
He noted that these practices include the uncleanliness of the site surrounding the central gas storage tanks, applying random modification and installation without prior approval from the Civil Defence and building random rooms and kitchens on the roofs of some buildings.
He pointed out that the survey highlighted the danger of random storage in the rooms of electric generators, water pumps, and the corridors of several buildings, including the storage of materials that are obstacles in the escape routes.
Al Marzouqi stated that the visits concluded that there were no maintenance contracts for fire extinguishers and smoke detectors in several buildings and facilities.
He also explained that diesel tanks are used in bakeries and restaurants without a license and without prior approval from the Abu Dhabi Civil Defence Authority.
Other cases showed the lack of fire safety protection measures such as fire alarm installation, and the non-provision of emergency exits in buildings and clear emergency signage for evacuations.
UAE: New initiative to provide smoke detectors, fire extinguishers to buildings
Watch: authority urges parents to ensure children's safety on beaches
'Made in UAE' air taxis, electric aircraft to hit skies by 2027 asaviation company sets up shop in Abu Dhabi
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(MENAFN) A delegation from Iran's National Security and Foreign Policy Committee recently conducted a visit to the site of a tragic armed attack that occurred along the border with Pakistan. Led by Shahriar Heidari, a member of the committee, the visit took place on Thursday. The attack, which took place in Saravan County of Sistan-Baluchistan province, resulted in the unfortunate loss of five Iranian border guards earlier this month.
According to reports, the border guards stationed in the Saravan County border regiment engaged in a clash with a group of armed assailants attempting to cross the border near the Mazesar border post. The Iranian police stated that the terrorists fled the scene after suffering significant casualties, while the border guards valiantly defended their position for approximately one hour. Among the five casualties, two were officers and the remaining three were conscripts.
The location of the attack, Saravan County, is situated a mere 40 kilometers away from the border with Pakistan. In response to the incident, the deputy commander of the Iranian police and the commander of the Iranian border guards had previously visited the clash site to assess the situation.
During the visit, Shahriar Heidari, a member of the National Security and Foreign Policy Committee, praised the resilience and bravery of the Iranian border guards. He highlighted their unwavering dedication to the defense of their country's soil, emphasizing that the border guards chose martyrdom over surrender when confronted by the terrorists. Heidari's remarks, as reported by the parliamentary news agency ICANA, showcased the sacrifice, commitment, and courage demonstrated by the border guards in the face of adversity.
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Jammu, Feb 5 (IANS) Jammu and Kashmir is all set to revolutionise its fruit industry with introduction of the High-Density Plantation (HDP) system and production of quality planting material.
The UT's Department of Horticulture, in collaboration with Sher-e-Kashmir University of Agricultural Sciences and Technology (SKUAST) and the Indian Council of Agricultural Research-Central Institute of Temperate Horticulture (ICAR-CITH), have got together to provide technological intervention for the new project.
The project aims to enhance the production capacity of planting material to 111 lakh in the first five years, develop 390 hectare of nurseries in public and private sectors, rejuvenate 2,000 hectare of orchard areas, and produce planting material to cover 5,500 hectare under HDP of 12 fruit crops.
Additionally, the project aims to strengthen plant testing and quality control, tissue culture, and virus indexing labs besides building capacity by training 5,000 farmers and 150 technical manpower from SKUAST and the Department of Horticulture. The project shall create 200 new enterprises in the form of HD nurseries and provide potential jobs to 25,000 persons.
'The current lack of quality planting material in the region limits the potential of the fruit industry and costs the region approximately Rs 500 crore in imports, which also brings in new pests and diseases,' Additional Chief Secretary, Agriculture Production, Atal Dulloo, said.
'The mission of the project is to domestically produce quality planting material, reduce imports, prioritize high-density plantation of fruit crops, transform old orchards into more productive orchard systems, and diversify the JK fruit industry to capture the national and international market,' he added.
'Production of Designer Plants for Promotion of High-Density Plantation and Rejuvenation of Orchards' is one among the 29 projects, which were approved by the Jammu and Kashmir administration after being recommended by the UT Level Apex Committee for holistic development of agriculture and allied sectors.
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Shabaash Mithu, a sports drama based on the life of ace cricketer Mithali Raj in which the actress is playing the titular role, releases on February 4 next year. This makes Rajkummar Rao's Badhaai Do its competitor. The makers chose to share the date on Raj's birthday (today). Sweet!
Significance Why does this story matter?
It's not the first time Pannu is essaying an athlete's character. Before this, she did it in Saand Ki Aankh, where she played Prakashi Tomar, a senior sharpshooter champion. Though the film managed a weak Rs. 30.7cr box office collection, her and Bhumi Pednekar 's performances were lauded. Pannu was good in Soorma and Rashmi Rocket too. Will she be able to impress in this?
Information Makers also shared a new poster with the announcement
Alongside the announcement, makers also shared a poster featuring Pannu. In it, we see her wearing the full gear of Team India. The left side of her face is visible to us and her pose indicates that she has hit the ball out of the boundary. The caption to this photo read, 'ONE GIRL with HER CRICKET BAT has shattered world records and stereotypes.'
Twitter Post Check out the film's new poster here Details Story is based on Raj, India's most successful female cricketer
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(MENAFN- IANS) Mumbai/New Delhi, Feb 23 (IANS) The Election Commission of India (ECI) has allotted a 'Man Blowing Turha (Man Blowing Trumpet)' poll symbol to the Nationalist Congress Party (SP), and was welcomed by the latter on Friday.
The trumpet or 'tutari' in Marathi, enjoys great relevance for all important or auspicious or military events in Maharashtra and is a well recognised musical instrument across the state since times immemorial.
Hailing the ECI's decision announced late on Thursday, NCP(SP) leaders said they are now fully ready to blow the trumpet for the Lok Sabha 2024 elections, as the clock ticks away.
“The Tutari, in the form of great valour of Chhatrapati Shivaji Maharaj, had once deafened the emperor of Delhi. It is a great honour for our party to get Tutari (Man Blowing Turha) as our symbol for upcoming elections. Our Tutari is now ready to shake Delhi's throne under the leadership of Sharad Pawar,” the NCP(SP) said in a post on X.
The development came barely days after the ECI and the Maharashtra Speaker ruled that the 'NCP' founded by Sharad Pawar 25 years ago, now belongs to the breakaway faction headed by his nephew (and now, Deputy CM) Ajit Pawar, awarding also the name (NCP) and 'Clock' symbol to him.
Embracing the new symbol, the NCP(SP) said that with the united support of farmers, workers, youth, women, Maharashtra will conquer the throne of Delhi.
NCP(SP) President Sharad Pawar, Working President Supriya Sule, General Secretary Dr. Jitendra Awhad, state President Jayant Patil, MP Dr. Amol Kolhe, MLA Rohit R. Pawar and other bigwigs lauded the ECI for giving the new symbol.
Jayant Patil saluted the new poll symbol with the simple but iconic war-cry,“Jai Bhavani, Jai Shivaji'. Jitendra Awhad urged the party to“blow the trumpet, bury the traitors”, while Dr. Amol Kolhe exhorted all the party men to“let's fight again, win again, let's blow the 'trumpet' of struggle!”
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(MENAFN) Cholera and malnutrition are leaving a high figure of deaths in children in Haiti, UNICEF rang a bell on Wednesday.
Two out of every five cholera patients in Haiti, or 40 percent of confirmed infections, are children. Nine out of 10 infections appear in areas where children struggle with severe acute malnutrition, as stated by the UN agency.
“In Haiti right now, there is a triple threat to children’s lives –malnutrition, cholera and armed violence. And sometimes all three together,” on the words of Manuel Fontaine, manager of the Office of Emergency Programmes, throughout a visit to Haiti. “In just a few hours, acute watery diarrhea and vomiting dehydrate and weaken them so much they may die without timely and adequate treatment."
"Cholera and malnutrition are a lethal combination, one leading to the other,” Fontaine added.
Ever since the beginning of a cholera pandemic on Oct. 2, the Ministry of Health has recorded almost 200 deaths and over 10,600 suspected infections in a population of 11 million people.
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(MENAFN- GlobeNewsWire - Nasdaq)
EDMONTON, Alberta, May 19, 2022 (GLOBE NEWSWIRE) -- Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 26,489,850 shares were voted by proxy, representing 80.68% of the outstanding shares as of the record date. Shareholders approved all items of business before the AGM, including the election of directors as follows:
| Nominee || % Votes For || % Votes Withheld |
| Douglas Goss || 95.97 || 4.03 |
| Andrew Melton || 94.97 || 5.03 |
| Kathleen Melton || 94.98 || 5.02 |
| Timothy Melton || 95.99 || 4.01 |
| Bruce Pennock || 96.15 || 3.85 |
| Janet Riopel || 99.91 || 0.09 |
| Catherine Roozen || 95.13 || 4.87 |
| Ralph Young || 95.08 || 4.92 |
About Melcor Developments Ltd.
Melcor is a diversified real estate development and asset management company with a rich heritage of innovation in real estate since 1923.
Through integrated operating divisions, Melcor manages the full life cycle of real estate development: acquiring raw land, community planning, construction and development, and managing revenue-producing office, retail and residential assets. Melcor develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centres and golf courses.
Melcor is committed to building communities that enrich quality of life – communities where people live, work, shop and play.
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(MENAFN- The Peninsula) The Peninsula Online
Doha, Qatar: According to the 'weather forecast for the weekend' by Qatar Meteorology Department (QMD), the country will continue to experience a relatively hot daytime, but light rain on Friday and slight dust on Saturday are expected.
The weather in Qatar tomorrow, Friday, is hot with local clouds and chances of light rain. The wind is expected to blow northwesterly to northeasterly at 5 to 15 knots, with a wave height of between 2 and 4 feet.
On Saturday, the weather will be hot with some clouds and slight dust, according to the Met Department.
The wind is expected to blow southeasterly to southwesterly at 5 to 15 knots, with a wave height of between 2 and 4 feet.
The temperatures are expected to range between 30°C and 40°C on Friday, and between 29°C and 39°C on Saturday in most parts of Qatar.
QMD advises the public to stay updated on weather updates by using official sources or the Q Weather app.
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(MENAFN- Trend News Agency)
BAKU, Azerbaijan, May 20. The Kyrgyz airline
TezJet plans to operate daily flights on the Bishkek - Jalal-Abad -
Bishkek route starting from July 1, 2022, Trend reports citing the
press service of Manas International Airport.
According to the Manas airport, TezJet airlines currently
operates flights on the route Bishkek - Jalal-Abad - Bishkek 3
times a week (on Mondays, Fridays and Sundays), while from Bishkek
to Osh 5 times a day.
So far, TezJet currently operates 2 flights a week (Wednesday,
Saturday) on the route Bishkek - Isfana - Bishkek and 2 flights a
week (Tuesday, Thursday) on the route Bishkek - Batken -
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(MENAFN- Newsroom Panama) The fifth draft adjustment for neopanamax vessels, transiting the Panama Canal will kick in on April 30 creating estimated losses this year due to the low levels of Gatun and Alajuela lakes to $15 million..
With this measure, the draft of the ships, which is 50 feet, will be reduced to 45 feet, due to the lack of depth to travel safely. If there are no rains in the next few weeks another one-foot adjustment could be announced in May, said Carlos Vargas, vice president of Water and Environment of the Canal Authority ( ACP).
The draft adjustments have an economic impact on Canal revenues because ships are charged by tonnage and this measure forces vessels to carry less cargo . to float.
The draft of the ships, which is 50 feet, will be reduced to 45 feet, due to the lack of depth to transit.
There is also an impact on the service because customers tend to look for other alternatives, said. Vargas
The draft settings represent a restriction to transport cargo through the Canal because the weight must be lowered to navigate. These measures could be avoided if there were sufficient water reserves to be able to navigate. One of the alternatives studied is the construction of a third reservoir, for which analysis is carried out.
Since the beginning of the adjustment for the neopanamax, on February 11, to date, the Canal has lost nearly $ 15 million, because the ships must carry less cargo. The last El NiÃ±o phenomenon, which affected the Canal between the end of 2015 and the beginning of 2016, produced $40 million in losses, the ACP reported.
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(MENAFN- Emirates News Agency (WAM))
SHARJAH, 19th February, 2018 (WAM) -- The University of Sharjah, UoS, and Sharjah Charity International have signed a Memorandum of Understanding, MoU, to promote cooperation in areas of common areas.
The MoU was signed by Prof. Hamid M.K. Al Naimiy, Chancellor of UoS, and Abdullah Sultan bin Khadem, Board Member and Executive Director of Sharjah Charity International, in the presence of officials.
Al Naimiy emphasised that strengthening the UoS' relationship with various institutions of the surrounding community, private or public, is one of the key goals of UoS set by its President H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, since its inception two decades ago in order to promote development and growth. The importance of such cooperation stems from the great reputation of Sharjah Charity International as an example of charity and humanitarian action in the local community and the region.
The MoU stipulates achieving such cooperation in the scientific research field and through graduate students, to provide studies and consultation on sustainable charity projects which serve the charity's activities in various disciplines. It also stipulates cooperating in organising scientific conferences and meetings, which discuss and expose the latest advancements and best practices in the field of charity and humanitarian action. The cooperation will also include holding training programmes and courses, advanced workshops for charity members; as well as developing public facilities and electronic programmes the charity needs.
Bin Khadem said that agreement provides an opportunity for UoS students wishing to volunteer and commit to fruitful participation in developing charity's activities. The agreement aims to promote the culture of care, raising community awareness, and spreading the culture of volunteering and humanitarian action especially between students. It also seeks to encourage engaging in volunteering programmes and charity activities executed by the charity inside and outside the UAE.
WAM/Rola Alghoul/Esraa Ismail
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(MENAFN- Daily News Egypt) Egyptian Minister of Foreign Affairs Sameh Shoukry met with several foreign officials on Monday, including Iranian Foreign Minister Mohammad Zarif, during his visit to New York for the Nuclear Non-Proliferation Treaty (NPT) Review Conference, advocating the Egyptian position on the NPT.
During the meeting with his Iranian counterpart, who is also the representative of the Non-Aligned Movement in which Egypt is a member state, Shoukry stressed the importance of "the principle of universality of the NPT". This is likely a stab against Israel, which is among the few nations not having signed the NPT and is very likely to have a nuclear weapons arsenal, even though it has never denied nor confirmed it.
According to Foreign Ministry Spokesperson Badr Abdelatty, Shoukry pushed "towards the establishment of a Nuclear Weapons Free Zone (NWFZ) in the Middle East", which had first been proposed by Iran and Egypt in 1974. He also emphasised the need to "deal with the necessary seriousness [...] with the three pillars of the treaty", including disarmament, non-proliferation and the peaceful use of nuclear energy.
Other sideline meetings included a meeting with the Chairman of Commission II of the Conference and Joyce Anelay, British Minister of State of the Foreign and Commonwealth Office. During both meetings, Shoukry reiterated his demands for a NWFZ in the Middle East and the promotion of the three pillars of the NPT.
Later, Zarif, during his speech at the opening meeting of the conference, speaking on behalf of the Non-Aligned states, spoke of the "great concern [of the Non-Aligned states] over the acquisition of nuclear capacity by Israel, which poses a serious and continuing threat to the security of neighbouring and other states".
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(MENAFN- AFP) InterContinental Hotels Group on Tuesday announced a surge in annual net profits after offloading establishments in Paris and Hong Kong, while a solid underlying performance resulted in large dividend payouts.
Profit after tax more than trebled to $1.22 billion (1.11 billion euros) in 2015 compared with $391 million one year earlier, IHG said in an earnings statement.
The owner of the Crowne Plaza and Holiday Inn brands last year sold two large hotels, InterContinental's Le Grand and InterContinental Hong Kong.
As a result of lower room space, group revenue fell 3.0 percent to $1.8 billion in 2015.
But global revenue per available room (RevPAR) -- a key industry measure -- rose by 4.4 percent, driven by growth in Europe that helped to offset stable demand at IHG hotels in China.
"Looking into the medium term, despite economic and political uncertainty in some markets, the prospects for the hotel industry remain good and the strength of our business model gives us the confidence to propose a 10 percent increase in total dividend for the year," said IHG chief executive Richard Solomons.
IHG also proposed an exceptional dividend of $1.5 billion thanks to its 2015 performance.
The company's shares jumped 4.0 percent to 2,553 pence in early deals on London's FTSE 100 index, which was down 0.5 percent overall.
"Intercontinental Hotels Group has now sold the last of its major owned hotels, to become an almost pure-play hotel management and franchising company," noted Steve Clayton, head of equity research at stockbrokers Hargreaves Lansdown.
"IHG is collecting revenues from the hotels, in one form or another, without tying up capital by actually owning the properties."
InterContinental Hotels Group agreed back in 2014 to sell its Le Grand hotel in Paris to Qatari group Constellation for 330 million euros but is continuing to manage its day-to-day operations.
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(MENAFN) According to recent estimates released by the Federal Employment Agency in Germany, the upcoming implementation of the second phase of the technical personnel immigration law is expected to bring about significant easing in the recruitment of individuals from countries outside the European Union. This development, slated to commence on March 1st of the upcoming year, marks a pivotal moment for companies in Germany seeking to augment their workforce with talent from diverse backgrounds.
The agency, headquartered in Nuremberg, outlined that German companies will be able to engage approximately 25,000 individuals from non-EU member states on a temporary basis, offering flexibility particularly to address seasonal demands and peaks in their operations. Key criteria for employment under this provision include a minimum commitment of 30 hours per week, adherence to wage regulations and mandatory social insurance, as well as the employer's responsibility to cover travel expenses.
Of note, eligibility for these positions does not mandate a university degree or formal vocational training, making opportunities accessible across various sectors such as hospitality or airport services. However, it is emphasized that employment contracts must comply with stipulated labor standards and regulations. Additionally, the maximum duration for such temporary employment is capped at eight months, ensuring a balance between workforce flexibility and regulatory oversight.
It is important to highlight that the quota of 25,000 workers specified by the agency excludes agricultural laborers engaged in harvest-related activities. This distinction underscores the nuanced approach taken by the immigration law to address sector-specific needs while opening avenues for skilled individuals to contribute to Germany's dynamic labor market.
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(MENAFN) Argentina, under the incoming presidency of Javier Milei, has decided not to join BRICS, a decision contrary to the invitation extended in August. Diana Mondino, a senior economic adviser to President-elect Milei, stated that there is limited clarity on how BRICS membership would benefit Argentina, expressing skepticism about the advantages. The invitation, which included Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates, aimed to expand the alliance beyond its current members of Brazil, Russia, India, China, and South Africa.
Mondino emphasized the need for a thorough analysis to determine if joining BRICS holds potential advantages for Argentina. President-elect Milei, known for his opposition to BRICS membership, has previously expressed reluctance towards strengthening economic ties with China and Brazil. Instead, he plans to focus on fostering economic relations with the United States and Israel.
During his campaign, Milei voiced concerns about dealing with countries that do not align with his principles of free trade, freedom, and democracy. Despite his opposition to BRICS, he pledged not to interfere with businesses in Argentina engaged with the member countries. Additionally, he has committed to "dollarizing" the Argentinian economy.
The decision to postpone BRICS membership marks a shift in Argentina's geopolitical approach under the new administration. Outgoing President Alberto Fernandez had viewed joining BRICS as an opportunity to open up a "new scenario" for the country. The decision reflects the complex dynamics within Argentina's foreign policy and its evolving stance on international alliances.
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An undated picture of three Ju-52 planes © Susanne Venditti
Four years after the crash of a vintage Ju-52 plane in which 20 people died, the Swiss government has tightened the regulations for flights with historic aircraft.
This content was published on August 17, 2022 - 11:42 August 17, 2022 - 11:42 Keystone-SDA/ts
Leis mais rígidas para pilotar aeronaves históricas
Commercial flights will no longer be permitted, and a maximum of nine people may fly on private flights, no more than six of whom may be passengers.
The government announced its decision on Wednesday based on an analysis by the Federal Office of Civil Aviation. To this end, it has amended the Aviation Ordinance. In doing so, it wants to take better account of the risks associated with flights with historic aircraft, it said in a statementExternal link .
The new regulations would limit passenger flights to a level that is common in general non-commercial light aviation, it said.
Twenty people died when a historic Junkers Ju-52 went down in the Swiss Alps on August 4, 2018: two pilots, a flight attendant and 17 passengers.
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(MENAFN- Muscat Daily) Believing in the social responsibility of the private sector and the essential role it plays in the development of society, Bank Sohar recently funded the Omani Association for Friends of the Elderly.
The funds will be used to purchase essential materials and equipment for the operation of the centre, as part of the bank's ongoing efforts to support different segments of the community.
Official records show changes in the demography in Oman with increased numbers of older people due to the improvement in healthcare and the socioeconomics.
The donation aims to help providing materials, equipments and other logistics needed to facilitate the association's efforts and initiatives in the community.
Stressing on the importance of the welfare of senior citizens, Munira Abdulnabi Macki - DGM human resource and corporate support, Bank Sohar, said, ''Bank Sohar is always keen in contributing to the wellbeing of the community, especially the increasingly ageing population. It is also our Omani culture and tradition to look after older people, and we aim to contribute to the welfare of the society in general, with focus on this group for the current initiative.''
She added, ''This is the first time for us to work with the Association as we are expanding our CSR activities. We hope more cooperation will take place in the future, and we are glad to see such enthusiasm from young Omanis to support and provide for their older fellow citizens.''
Hamad bin Salim al Kindi, chairman, Omani Association for Friends of the Elderly, said, ''There is a steady improvement in life expectancy due to improvement in healthcare and the standard of living in the sultanate. By understanding the needs of the elderly members of our community we coordinate our efforts with the different government agencies to ensure the best level of support and assistance.''
The Omani Association for Friends of the Elderly is an official non-profit organisation under the Ministry of Social Development. Established in 2011, it works with different departments
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Average Price For Gas In Canada Tops $2 A Litre
(MENAFN- Baystreet.ca) Average Price For Gas In Canada Tops $2 A Litre
For the first time ever, the average price for a litre of gasoline in Canada has surpassed $2.
Natural Resources Canada says the average price across the country for regular gasoline hit an
all-time high of $2.06 per litre.
The average price represents a nine-cent jump from the $1.97 per litre record set last week and
is up 30 cents a litre since mid-April.
Prices now average $2.34 a litre in Vancouver, while in Toronto the average is at $2.09 per litre.
Edmonton, in contrast, averaged just under $1.69 per litre for the lowest prices at the pump in
Gasoline prices have been elevated since late February when oil spiked to around $100 U.S. a
barrel after Russia invaded Ukraine. Oil prices jumped to over $110 U.S. per barrel last week.
Prices have also been spiking more recently as Canada's economy reopens, and with the start
of the busy summer travel season. Refiners across Canada say they have limited capacity to
meet the current demand for gasoline.
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(MENAFN- Asdaf News)
Imam Turki bin Abdullah Royal Nature Reserve Development Authority (ITBA) and Jummar PR & Communications inked a contract for communication and PR consulting services that will last for two years where Jummar will offer ITBA communication and PR strategy planning, consulting, and management services.
Jummar PR & Communications is one of the fastest-growing PR consulting firms in the region, and it has seasoned professionals in strategic planning, crisis communications, economic content development and creation, media engagement, monitoring, and data analysis, with work experiences at leading international media groups and consulting firms. With this unique and diversified combination of expertise as well as in-depth knowledge of the local Saudi market, Jummar is achieving remarkable growth in its portfolio of major public and private entities in the Kingdom of Saudi Arabia.
As a fast-growing consulting agency established in Saudi Arabia in 2021, Jummar is expanding its client portfolio, including Saudi and global companies across different sectors, including aviation, energy, technology, finance, real estate, media, environment, entertainment, and hospitality.
Located in the northeastern of Saudi Arabia over an area of 91,500 km2, ITBA manages and develops the second largest reserve in the Kingdom, preserving flora and fauna with sustainable wildlife and supporting eco-tourism. ITBA drives many cultural activities, events, and tourism programs, with the resettlement of many species of plants and animals in the Kingdom.
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(MENAFN- Investor Brand Network) A startup in California hopes to transform EV charging through leveraging battery swapping technology, aiming to provide a smooth recharging process that is comparable to that of topping up a gasoline tank.
Ample, a company based in California that offers battery switching, has commercialized a new, highly efficient swapping station which reduces the...
About Green Car Stocks
Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via
to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to millions of social media followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today's market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.
To receive SMS text alerts from Green Car Stocks, text“Green” to 844-397-5787 (U.S. Mobile Phones Only)
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- PR Newswire)
RENO, Nev., Sept. 23, 2022 /PRNewswire/ -- SkyDrop (formerly Flirtey) has released episode one of a documentary series 'The SkyDrop Story', to tell the historical story of the first FAA-approved drone delivery on US soil.
Watch on SkyDrop's YouTube Channel:
Watch on SkyDrop's YouTube Channel: this
The Kitty Hawk Moment tells the story of the first Federal Aviation Administration (FAA)-approved drone delivery in the United States.
Flirtey Inc. (DBA SkyDrop)
The first episode titled 'The Kitty Hawk Moment' focuses on the first FAA-approved drone delivery on US soil, which was conducted by SkyDrop in Wise, Virginia. This drone delivery represented the 'Kitty Hawk Moment' for the drone delivery industry.
The delivery drone that made this first delivery will be going on display in the 'Thomas W. Haas We All Fly' exhibition at the Smithsonian's National Air and Space Museum in 2022. The museum also displays the 1903 Wright Flyer that made the first official flight of a powered heavier-than-air flying machine.
SkyDrop (formerly Flirtey) is a full-stack solutions provider of hardware and software for autonomous last-mile drone delivery and owns extensive patents. SkyDrop is the pioneer of the commercial drone delivery industry, with a mission to make delivery instant for everyone, and a vision of drone delivery that is safer, speedier, quieter, cheaper, and greener. The company first made history in 2015 when it conducted the first-ever FAA-approved drone delivery in the US. Learn more at
Media Contact: [email protected]
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(MENAFN- Khaleej Times)
Published: Fri 2 Dec 2022, 10:22 PM
Last updated: Fri 2 Dec 2022, 10:23 PM
Abu Dhabi will witness the union of artists from more than 60 countries to celebrate UAE National Day. Artscrafts, under the patronage of Sheikh Hamdan bin Khalifa bin Hamdan Al Nahyan, Sheikh Ahmed bin Abdul Rahman Al Moalla, and the Indian Embassy, is organising the event titled“Ehtifal Al Emarat” at the Abu Dhabi Theatre, Abu Dhabi on December 3 and 4.
The art festival is a union of different artistic styles from various parts of the world and will be open to the public. The event also offers live art experiences and panel talks and cultural programmes of various kinds to celebrate unity, solidarity, and sustainability.
The major highlight of“Ehtifal Al Emarat” is the Guinness World Record attempt for the most number of nationalities in an art lesson, to be held on Saturday. Renowned artists from various countries will also join hands to create a 51-metre-long painting to spread the message of sustainability to the world.
The organisers said the panel discussion to be held on Sunday is a great opportunity to interact with experts from different fields who will be connecting art, nature, and life at various levels. The event will also help students, artists and art lovers to connect with some of the best artists from different parts of the world.
The event is organised in association with the Environment Agency, Abu Dhabi.
According to Anil Kejriwal, founder of Artscrafts, said the members associated with the group are working relentlessly for thevlast one month to make it the event the best art carnival of the UAE.
watch: hundreds of indian expats in dubai sing, dance for uae national day
dance shows, flea market, food stalls: how some workers celebrate uae national day
dubai: first-ever sustainable art initiative held in the city
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(MENAFN- UkrinForm) Russia has been widely infiltrating Orthodox church in the U.S. to recruit intelligence sources, which has been confirmed by an FBI probe.
That's according to CNN's Erin Burnett , Ukrinform reports.
Potential sources across nearly 2,300 parishes in the United States could be“coerced to participated in intelligence operations via blackmail,” the FBI report says.
According to Russia's independent journalist Andrei Soldatov, who joined CNN to comment on the issue, the most important part of this story is that the Russian Orthodox Church is“apparently quite happy with being used” by Russian intelligence and security agencies“not only by providing ideological ammunition for the war” but also by direct cooperation, according to a church memorandum drawn up back in 2009, which laid down rules of cooperation with the Russian security bloc. Read also: Pro-Russia abbot of UOC-MP temple charged in Ukraine for spreading Kremlin propaganda
The document allows for“helping and providing operational support” in intelligence efforts, Soldatov claims.
The Orthodox Church's presence across the U.S. is growing, the journalist notes, largely due to its appeal to“traditional family values” that many Americans seek to relate to so some Protestants are converting. Read also: Pro-Moscow Orthodox cleric to serve prison term for anti-Ukrainian activities
As Ukrinform reported earlier, the Russian Orthodox Church has been widely supporting the Russian invasion of Ukraine, calling on parishioners to join the army and go fight against Ukraine and justifying the war.
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