(MENAFN - Emirates News Agency (WAM))
ABU DHABI, 19th December, 2017 (WAM) -- The Department of Urban Planning and Municipalities - Abu Dhabi City Municipality, ADM, has announced that it is progressing with projects for revamping the landscaping of internal roads, roundabouts and vital areas in Abu Dhabi Island.
The municipality has recently accomplished a project for improving the landscaping of roads in the surrounds of the Sheikh Zayed Grand Mosque, Wahat Al Karama in Abu Dhabi.
The project included landscaping two roundabouts at Wahat Al Karama to the front of the entrance of Ritz Carlton Hotel. Works included installing models at the R/As, constructing movable concrete pillars without impacting the view of the R/As, landscaping and decorative lighting, and carrying out road maintenance to step up the traffic safety in the area.
As part of the improvement works, the municipality installed solid tile in the area together with landscaping, and the installation of sculptures in the two R/As.
The upgrading of the two areas, which lasted for 30 days at a cost of AED1.3 million, covered an area of 9967 square meters. The area was covered with greens, soil covering, tiles, sculptures and other decorative works.
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(MENAFN- GlobeNewsWire - Nasdaq) International rating agency S&P Global Ratings today announced that it has upgraded the credit rating of Landsbankinn. The credit rating is raised by one notch, to BBB+ with stable outlook.
As per S&P's announcement, the upgrade reflects their expectations that Landsbankinn will maintain its leading domestic franchise and sound business operations. S&P considers the economic outlook in Iceland favourable and expects that GDP growth here will outpace other Nordics.
Lilja Björk Einarsdóttir, CEO of Landsbankinn:
“I am very pleased and this is excellent news for us all. Improved credit rating reflects extensive and successful long-standing work by the Bank and the strong standing of the Icelandic economy. We have endeavoured to be a dynamic competitor and are a leading Icelandic bank, as mentioned by S&P. Successful operation of the Bank results in competitive terms and fantastic customer service around the country. An improved credit rating means that the Bank will have easier access to credit markets, which will lead to more favourable terms in the future. I welcome this upgrade from S&P. It's important for our customers to know that their Bank is robust.“
The upgrade from BBB with positive outlook to BBB+ with stable outlook is made following S&P's announcement in November 2023 on positive outlook of the Bank's credit rating.
Further information can be found in S&P's announcement, available on the Bank's website:
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(MENAFN- Khaama Press)
Archaeologists from Georgia have discovered a tooth that belongs to an early species of human from 1.8 million years ago.
It doesn't really need saying twice, but that is a seriously long time ago, making this a really cool discovery.
The find also shows that Georgia must have been home to one of the oldest prehistoric human settlements in Europe , maybe even outside Africa.
The tooth was found about 100 kilometres from the capital city of Tbilisi, in a village called Orozmani.
In that same area, human skulls from around the same period were discovered in the late 1990s and early 2000s.
There's a lot of really old and cool stuff in the region, it would certainly seem.
When those skulls were discovered in a place called Dmanisi, they served to change the scientific community's grasp on early human migration patterns and evolution.
Now, at the new site about 20 kilometres away they've found this tooth, further proving that the area in Georgia's mountainous southern Caucasus region was one of the first stopping off points for humans as they migrated out of Africa all of those years ago.
In a statement announcing the historic find, the National Research Centre of Archaeology and Prehistory of Georgia said:“Orozmani, together with Dmanisi, represents the centre of the oldest distribution of old humans – or early Homo – in the world outside Africa.”
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(MENAFN- Khaleej Times)
Wed 1 Dec 2021, 12:00 AM
The UAE will see the addition of four new millionaires and two multi-millionaires in December 2021.
Abu Dhabi's Big Ticket on Tuesday announced its biggest-ever prize of Dh25 million and second prize of Dh2 million, which will be announced on January 3, 2022. In addition, it will also give away Dh1 million cash prize every week in December. The million-dirham draws will be held on December 9, 17, 24 this year and January 1, 2022.
Participants can increase their chance to become a millionaire as buying one ticket will make them eligible for the weekly Dh1 million draw as well as for the mega Dh25 million.
“Our priority is always to excite and reward our loyal customers. Our customers asked for a bigger grand prize, and we listened, hence the introduction of the Dh25 million. After having made a record three millionaires in December last year, this is a new first for the Big Ticket,” said a Big Ticket spokesperson.
In addition, it will also give away 50 cash and dream car ticket prizes on the occasion of the UAE's 50th anniversary.
Passengers travelling through Abu Dhabi International Airport can“play and win” between December 16 and 25.
Priced at Dh500, people buying two tickets will get a third ticket free. Similarly, there will also be a buy two, get one free promotion for car tickets – priced at Dh150 – where customers can choose between the Maserati Ghibli and Range Rover Sport.
All Big Ticket cash tickets purchased between the promotion dates will be entered in the adjoining draw date only. The tickets will not be entered into every weekly millionaire draw.
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(MENAFN- UkrinForm) Ukraine's Minister of Defense Rustem Umerov has discussed the current situation at the front and urgent needs of the Armed Forces of Ukraine with UK Secretary of State for Defense Grant Shapps.
He said this in a post on Facebook , Ukrinform reports.
"An important visit to Kyiv by my colleague, UK Secretary of State for Defense Grant Shapps. Thanked our British friends for unwavering support for Ukraine. Briefed on current battlefield situation and urgent needs," Umerov wrote.
"We focus on air defense, artillery, anti-drone systems," the minister emphasized.
The Defense Minister noted that "winter is coming, but we are ready. Stronger together."
As Ukrinform reported, President Volodymyr Zelensky met with newly appointed Secretary of State for Defense of the United Kingdom of Great Britain and Northern Ireland Grant Shapps, and thanked for financial, defense, and humanitarian support for Ukraine.
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(MENAFN- Colombo Gazette)
The Australian High Commission has granted an additional AUD1 million or LKR135 million for landmine clearance in Sri Lanka.
The funds have been provided as continued support for landmine clearance charity, the Mine Advisory Group (MAG), until December 2022.
Australia has been a consistent supporter of mine clearance in Sri Lanka since the end of the 26-year conflict in 2009 and has spent more than A$20 million, or LKR2.7 billion, on mines clearance.
The Australian High Commissioner to Sri Lanka David Holly said Australia was pleased to be continuing its successful partnership with MAG.
“We are pleased to have partnered with MAG, and their partner DASH, to have delivered impressive results in demining following the end of the war in the North and Eastern provinces,” he said.
In total, the new project aims to return ca. 220,000 m2 of land – equivalent to 15 cricket pitches – to local people for safe use and help remove the threat of landmines. The new funding will support MAG and its national partner Delvon Assistance for Social Harmony (DASH) to conduct humanitarian demining.
MAG Country Director in Sri Lanka, Valentina Stivanello said MAG is grateful to Australia for its generous support, which together with their partner DASH, will help to release large areas of contaminated land and support the livelihood of communities as well as economic development potential in the North and East of Sri Lanka.
The project will support the Sri Lankan Government's goal to become mine free, in line with its obligations to the Ottawa Landmine Treaty. MAG estimates more than 5,000 people living close to the minefields will benefit from the initiative.
DASH PM, Ananda Chandrasiri, said the elimination of the terrible legacy of landmines is essential for the future of Sri Lanka.
The three-decade long civil war in Sri Lanka ended in 2009, leaving behind over 2,000 km2 of contaminated land. Today, minefields cover about 13 km2 of land in Sri Lanka that could be used for housing, farming or to build homes,schools and clinics.
Since 2002, MAG has cleared over 43 km2 of land and recovered over 92,000 landmines and unexploded items. (Colombo Gazette)
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New peace proposal a golden opportunity: Abdali
(MENAFN- Pajhwok Afghan News)
Governance & Politics
ByPajhwok On Mar 01, 2018 - 07:55
KABUL (Pajhwok): A pipeline project carrying gas from Turkmenistan to India will see a major boost if the Taliban respond positively to President Ashraf€™s bold peace initiative, says an Afghan diplomat.
Work on the Afghan section of the Turkmenistan-Afghanistan-Pakistan-India pipeline got under way last week. The pipeline could bring 33 billion cubic feet of gas to the subcontinent for more than 30 years.
On Wednesday, Ghani reached out to the Taliban and Pakistan by offering them open-ended peace talks. The president even offered the militant movement recognition as a political party.
Hours after the presidential address to a conference in Kabul, Afghan Ambassador to India Dr. Shaida Abdali hailed the speech as a golden opportunity and an offer made never before.
In an interview with First Post, the ambassador suggested the Taliban's strength depended on Pakistan's support. "We hope our neighbours, particularly Pakistan, will respond."
Abdali said: "We want an end to their sanctuaries. If Pakistan thinks it can block the region from integration, it should already know by now (that blocking) is not a viable option. We have already moved beyond."
About India's support since 2001, Abdali called New Delhi a special friend. India has invested generously in building roads, dams and hospitals in the war-torn country.
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(MENAFN) The US Treasury’s Office of Foreign Assets Control has announced a new round of sanctions on Iranian companies and individuals believed to be involved in procuring equipment for building drones. The sanctions target four companies and three individuals in Iran and Turkey for allegedly purchasing equipment, including European-made engines, for Tehran's drone and weapons programs. The newly sanctioned entities include Iran-based Defence Technology and Science Research Centre, its procurement company Farazan Industrial Engineering, and two other firms, along with purchasing agents from the companies.
“The ultimate goal of sanctions is not to punish but to bring about a positive change in behavior,” said a statement issued by the US Treasury. “Iran’s well-documented proliferation of UAVs and conventional weapons to its proxies continues to undermine both regional security and global stability,” said Brian Nelson, Treasury's undersecretary for terrorism and financial intelligence.
The US alleges that Iran is supplying Russia with unmanned drones to use on civilians as Moscow continues its invasion of Ukraine, now in its second year. American defense officials have expressed concern over this and have warned that it would escalate tensions in the region.
Sanctions serve to deny the people and firms access to any property or financial assets held in the US and prevent American firms and companies from doing business with them. The latest move by the US comes amidst heightened tensions between Washington and Tehran, following months of anti-government protests in Iran, sparked by the death of a young woman in morality police custody.
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(MENAFN- GlobeNewsWire - Nasdaq)
EDINBURG, Va., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, and Jim Volk, Chief Financial Officer, will present at the 2022 Raymond James Technology Investor Conference at the Lotte New York Palace on December 6, 2022 at 4:00 p.m. ET. Investors may access a live webcast of the presentation on Shentel's website at . The webcast will be available for replay for a limited time on Shentel's website following the presentation.
About Shenandoah Telecommunications Company
Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber-optic and cable networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and voice; fiber-optic Ethernet, wavelength and leasing; and tower colocation leasing. The Company owns an extensive regional network with over 8,000 route miles of fiber and over 220 macro cellular towers. For more information, please visit
Shenandoah Telecommunications Company
Senior Vice President, Chief Financial Officer
Source: Shenandoah Telecommunications Co
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Ondo state government will commence massive fixing of potholes on major roads in Akure, the state capital to make the road motorable for users.
The state Commissioner for Works and Infrastructure, Taofeek Abdulsalam told reporters in Akure that the state government has zero tolerance for potholes.
The commissioner explained that fixing of the potholes will commence in October after the raining season. He added that the operation would be extended to other communities in the state to ease traffic snarl.
Abdulsalam said the government is determined to open up more rural roads to ensure that farmers are able to move their harvests to the city.


(MENAFN- The Peninsula) The Peninsula
Doha: Karnataka Muslim Cultural Association (KMCA), a non-profit community organisation, affiliated to Indian Cultural Centre (ICC) under the aegis of Embassy of India, successfully organised their annual blood donation campaign - 8th year of successive campaigns - on February 23 at Blood Donor Centre, Hamad Medical Corporation, Doha-Qatar.
The drive which was held from 8 am to 12 noon witnessed 40 successful voluntary blood donations after routine check-ups.
KMCA President Abdulla Monu Moideen along with vice-president Aisha Rafique welcomed the Chief Guest, ICC President, Milan Arun and Mohd Nabi, both ICC affiliated organisation members and KMCA senior patrons.
Dr. Mukhtar of PHC Hamad Medical Corporation, enlightened the donors and the gathering about the health benefits of blood donation followed by a Question and Answer session.
Chief Guest Milan Arun and Mohd Nabi respectively delivered motivational speeches on the blood donation drive and expressed their gratitude to the donors.
On behalf of the KMCA Executive Committee Members, Ahmed Saeed Assadi along with Fayaz Ahmed expressed thanks to the voluntary donors, the esteemed Guests and the gathering.
Logistics for the campaign was provided by KMCA Logistics team coordinated by Ismail Abubacker, Zakir Ahmed & Nizan Abdulla.
Leaders and Members of various ICC Affiliated organisations, Asmath Ali, Prakash Noronha, Seetharam Shetty, Navaneet Shetty, Ram Chandra Shetty,Iqbal Manna,Diwakar Pujari,Ibrahim Beary, Sharif, Ilyaz,Suhaib Ahmed,Dinesh Gowda, Anil Boloor,Muralidar,Tufail Matheen, Kiran, Sanjay Kudri, Mohammed Shamim, Kasim, Fathima Nazia, Mr and Mrs Manjunath, Mr and Mrs Santhosh, Dr. Roopa Pramod and others were present on the occasion.
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(MENAFN- IANS) Kiev, June 7 (IANS) The Kakhovka hydroelectric power plant in southern Ukraine was totally destroyed and cannot be restored, Ukraine's state-run hydropower generating company Ukrhydroenergo said.
The Russian forces blew up the plant's engine room in the early hours of Tuesday, causing an uncontrolled decrease in water level in the Kakhovka reservoir, Xinhua news agency reported, citing a statement by Ukrhydroenergo.
Ukrainian Prime Minister Denys Shmyhal said on Telegram that the destruction of the dam at the Kakhovka plant could cause flooding in 80 settlements in the surrounding areas.
The head of the Kherson regional military administration Oleksandr Prokudin said that about 16,000 people are in the critical zone on the right bank of the Dnieper River in the Kherson region.
Meanwhile, Russian President Vladimir Putin has received reports from the Defense Ministry and other authorities on the situation regarding the Kakhovka hydroelectric power plant, Kremlin spokesman Dmitry Peskov said Tuesday.
Russia categorically rejects the accusation that it destroyed the facility and the incident was "deliberate sabotage by the Ukrainian side," he told a daily briefing.
The destruction of the power plant may cause serious consequences for tens of thousands of local residents and harm the environment, he stressed, adding that there is currently no threat to the Zaporizhzhia nuclear power plant as some experts said.
According to Peskov, one of the reasons for Ukraine to destroy the power plant was to deprive Crimea of water.
Oleksiy Danilov, secretary of Ukraine's National Security and Defense Council, said Tuesday that his country is not involved in the incident at the hydroelectric power plant.
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Sri Lanka – Two trawlers seized with heroin worth more than Rs. 3…
(MENAFN- Colombo Gazette)
Two trawlers have been seized by the Sri Lankan Navy with heroin worth over Rs. 3300 million.
The trawlers were seized during a special operation conducted by the Navy in international waters, south of Sri Lanka.
The navy said 11 Sri Lankans were arrested during the operation.
The special operation was carried out by the offshore patrol vessel SLNS Samudura, based on a coordinated intelligence operation of Navy Intelligence, the State Intelligence Service and the Police Narcotics Bureau.
Meanwhile, the Police Narcotics Bureau has arrested five other suspects in connection with a drug smuggling operation operating on land and is looking for other suspects. Reports have also been received that the racket’s mastermind is based in Dubai. (Colombo Official Gazette)
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(MENAFN- ING) US: Housing numbers in focus after Fed's 75bp hike
After the Federal Reserve's 75bp rate hike this week and Jerome Powell's commentary that the Fed is prepared to sacrifice growth and jobs to ensure inflation comes back to target, we will be hearing from many more officials over the coming week. Given the strong clustering of near-term forecasts for rates and the economy, the hawkish comments hinting at another 75bp hike in November are likely to come thick and fast.
The data calendar is fairly light with housing numbers the main focus. With mortgage rates now firmly above 6%, more pain is coming in the housing market where a recession is already underway.
Eurozone: Higher inflation and unemployment rate expect to remain at 6.6%
Inflation figures will be the main focus in the eurozone. Expect higher prices partly due to Germany's decision to end cheap public transport tickets as of 31 August . The key will be to see how much other categories have continued to rise. Separately, unemployment data is out on Friday. We expect the labour market to have remained very tight with the unemployment rate stable at a historic low of 6.6% despite business hiring expectations sliding in recent months.
Key events in developed markets next week
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more here: https://think.ing.com/about/disclaimer/
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(MENAFN- The Peninsula) QNA
Doha, Qatar: Qatar General Organization for Standards and Metrology (QS) is participating alongside its global counterparts in marking the World Accreditation Day, which falls on June 9 each year.
World Accreditation Day is an annual global event established by the International Laboratory Accreditation Cooperation (ILAC) and the International Accreditation Forum (IAF), in a bid to promote the value of accreditation as a key factor for advancing global and national economy and as a mean to protect consumers.
The World Accreditation Day is marked this year under the slogan“Accreditation: Supporting the Future of Global Trade”, which highlights the role of accreditation in supporting United Nations 17 Sustainable Development Goals that were adopted in 2015. It also reflects the importance of accreditation in enhancing quality all around the world and trade facilitation of the global economy.
The slogan indicates the aim to find ways to adapt accreditation in the global economy, conform with advanced technology and provide understanding of consumer behaviour and the regulatory environment.
QS has stressed the importance of accreditation in guaranteeing consumer rights and encouraging confidence of individuals in the economic field and entities responsible for monitoring the markets; by accepting certificates and reports issued by accredited conformity assessment bodies in their various activities (granting Qatari quality mark, granting conformity certificate, clearance of restricted goods).
The regulations for registering private laboratories and certification bodies require accreditation systems recognised by ILAC and IAF as a condition for registration. Accreditation Department in the QS Quality and Conformity Department has been registering quality certification bodies and testing and calibration laboratories since 2019, with a number reaching more than 60.
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(MENAFN- UkrinForm) The Russians are forced to employ retired pilots to operate warplanes over the high death toll in the air force during the invasion of Ukraine.
That's according to a tweet by the British Defense Intelligence , seen by Ukrinform.
Ukrainian forces have announced that the pilot of a Russian Su-25 Frogfoot ground attack aircraft shot down on June 17 was captured shortly afterwards, according to the report. The pilot has confessed to being a former Russian air force Major, who had taken employment as a Wagner military contractor and had flown several missions during the conflict. Read also:
No threat of invasion to Ukraine from Belarus at the moment – intelligence
“The use of retired personnel, now working as Wagner contractors, to conduct close air support missions indicates that the Russian air force likely is struggling to support the invasion of Ukraine with sufficient aircrew,” the report stresses.“This is likely due to a combination of Russia's insufficient numbers of suitably trained personnel and its combat losses.”
Also worth noting is that, whilst conducting his missions, the Russian pilot reportedly used commercial GPS devices rather than Russian military navigation equipment. Read also:
Russian air force“ underperform
s” in Ukraine, British intelligence concludes
“This likely indicates that Wagner aircraft are older models of the Su-25 and that the Russian air force is not providing Wagner with up-to-date avionics equipment,” the report concludes.
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(MENAFN) In a stark revelation, retired Belgian General Marc Thys issued a dire warning on Tuesday, stating that due to ammunition shortages, the Belgian military might be compelled to resort to throwing stones in the event of war. General Thys emphasized that Belgium would need to increase its ammunition budget by at least 33 times to sustain a month-long conflict. Speaking to VRT TV about a hypothetical Russian attack on Western Europe, he expressed concern that the inadequately equipped Belgian army would be incapable of resisting such a formidable adversary.
General Thys, who led Belgium's ground forces from 2017 to 2019 and served as a lieutenant general until November, disclosed the challenges faced by the military. He highlighted the stark reality that, in the event of hostilities, the Belgian army would run out of ammunition within a few hours, necessitating unconventional measures such as resorting to throwing stones.
Providing insights into the financial constraints, General Thys noted that his ammunition budget during his tenure amounted to 15 million euros (USD16 million) annually. Although this allocation has since increased to 150 million euros (USD161 million), he argued that to sustain a month to two months of warfare, Belgium would require a substantial budget ranging from 5 to 7 billion euros (USD5.4-7.5 billion).
Despite a 15 percent increase in military spending last year, Belgium's defense expenditure remains at a modest EUR4.2 billion (USD4.5 billion), falling short of the minimum amount that General Thys deems necessary for ammunition alone. Belgium's defense spending represents 1.2 percent of its GDP, considerably below the 2 percent target set by NATO, underscoring the financial challenges the country faces in adequately preparing for potential military conflicts.
The revelation raises concerns about the preparedness of European nations, even within the NATO alliance, to address critical defense needs, emphasizing the importance of reassessing and augmenting military budgets to ensure national security in an increasingly complex geopolitical landscape.
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(MENAFN- UkrinForm) The Netherlands has allocated EUR 9 million for capacity building for the Ukrainian Prosecutor General's Office and the country's judicial system.
Dutch Foreign Minister Hanke Bruins Slot said this at a joint briefing with her Ukrainian counterpart Dmytro Kuleba in Kyiv on Tuesday, December 5, according to an Ukrinform correspondent.
Slot said that support for Ukraine's capabilities to investigate and prosecute international crimes was extremely necessary. That is why the Netherlands offered capacity building and training to the prosecutor general and the judicial system of Ukraine, she said. For this, the Dutch government has allocated EUR 9 million in 2024, she added.
Slot noted that she had additionally pledged EUR 8 million for the EU Advisory Mission (EUAM) Ukraine aimed at building capacities in the liberated territories of Ukraine. According to her, this assistance will strengthen police units and restore the rule of law in these regions.
She stressed the need to support Ukraine in the long term, no matter what it costs and how much it takes, because Ukraine is fighting not just for its existence, but also for the future of Europe.
Ukraine's Prosecutor General Andriy Kostin also held a meeting with the Dutch foreign minister.
He thanked the Netherlands for its comprehensive support, which is of crucial importance to Ukraine's struggle for justice.
Kostin also welcomed the establishment of the Secretariat of the Dialogue Group led by the International Development Law Organization (IDLO).
"We highly appreciate the leadership of the Netherlands in the creation of the Dialogue Group, which unites 45 countries around initiatives in the area of accountability," he said.
Kostin said that this cooperation was already bearing results in four directions: coordination and synergy of assistance provided to Ukraine to ensure accountability at the national and international levels; work of regional and international institutions; national investigations in Ukraine and other countries; civil society efforts to document war crimes and support victims.
"Overcoming impunity for Russia's crimes is our common goal. The position of the Netherlands in support of initiatives in the field of international justice, including the placement in The Hague of the International Center for Prosecution of Aggression Crimes [against Ukraine] and the Register of Damage, is convincing evidence of this," Kostin said.
Earlier reports said that the Netherlands would provide Ukraine with an additional aid package worth EUR 2.5 billion in 2024.
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(MENAFN- TRACCS) Kuwait, 22 January 2022 – Kuwait Financial Centre “Markaz” announced that it will be holding its second round of its ‘House Views’ webinar for investors, to raise awareness of the state of play in local and regional markets, and the future outlook for each, across various asset classes. Titled ‘Markaz House Views 2022 – Navigating the Markets,’ the webinar will be held on 24 January 2022, via Zoom, and feature expert speakers from Markaz.
At the webinar, Markaz’s highly qualified and experienced professionals will shed light on the current and emerging opportunities and challenges to help investors make diligent and informed decisions over their assets and investment plans. The speakers will delve deep into the current trends and future prospects in the MENA region’s equities and real estate as well as international real estate asset classes.
The webinar will be moderated by Abdullatif W. Al-Nusif, Managing Director, Wealth Management and Business Development. Other speakers include M. R. Raghu, Chief Executive Officer of Marmore MENA Intelligence, a majority-owned subsidiary of Markaz and a leading provider of research on the region, in addition to Mohammad K. AlAbdulkader, Vice President, Buy Side Research, MENA Equities; Khaled A. Al-Mubaraki, Vice President, MENA Real Estate and Christopher Santiago, Assistant Vice President, International Real Estate.
Announcing the webinar, Abdullatif W. Al-Nusif commented: “As 2022 unfolds, we are witnessing new trends taking form mainly set off by the fast-evolving pandemic situation. While some of the uncertainties and volatilities are headwinds for various asset classes, others are set to offer tailwinds that will drive growth momentum with a significant increase in top and bottom lines. At our new webinar, our experts will offer investors actionable insights backed by extensive research so that they can seize opportunities as they emerge and gird their loins for eventualities. The takeaways will equip them to maximize returns through the deployment of the right mix of opportunities across asset classes.”
The webinar comes as part of Markaz’s ongoing efforts to support the development of the Kuwaiti financial services sector and the wider economy through the fostering of an informed generation of investors. Over the past few years, Markaz has rolled out broad-ranging initiatives including hosting webinars on various themes.
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(MENAFN- KNN India) New Delhi, Apr 4 (KNN)
The Global Trade Research Initiative (GTRI) has outlined essential steps for the new government's initial 100 days in a recent statement on Wednesday, emphasising the simplification of e-commerce rules, strategic disbursement of duty refunds, and bolstering India's trade infrastructure.
GTRI Founder, Ajay Srivastava, suggests streamlining regulations related to e-commerce exports to enable more than 20 lakh Indian firms to tap into global markets.
By simplifying rules governed by RBI, banking, Customs, GST, and DGFT, businesses could swiftly venture into exporting a wide array of products including handicrafts, jewellery, ethnic wear, decorative paintings, and ayurvedic goods.
The think tank underscores the importance of disbursing duty refund incentives in cash, rather than as e-scrips, particularly for small enterprises.
By merging schemes like RoDTEP with Drawback and directly crediting exporters' bank accounts, liquidity for small firms can be improved without additional financial strain on the government.
GTRI advocates for the creation of a National Trade Network to centralise export-import compliance processes online.
This initiative aims to simplify interactions with customs, DGFT, shipping companies, ports, and banks, ensuring faster response times and smoother operations.
The think tank calls for a comprehensive assessment of India's 14 Free Trade Agreements (FTAs) and six smaller trade agreements to gauge their impact on exports.
Additionally, it recommends preparing an action plan to counter adverse effects of European climate regulations and trade measures, safeguarding India's export interests.
Highlighting the urgency, GTRI warns against India's increasing reliance on Chinese imports, particularly in crucial sectors like electric vehicles (EVs) and manufacturing components.
The organisation urges proactive measures to curb this dependence and foster indigenous production.
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(MENAFN- Khaleej Times)
Published: Wed 8 Feb 2023, 11:29 AM
A 70-year-old healthy gentleman was diagnosed with an impacted left upper ureteric stone. The initial stone treatment was successful, however the stone impaction resulted in a long mid-ureteric stricture. Many conservative treatments with variable stents (including JJ stents and Memokath) were attempted and faced failure due to severe encrustation and stent related symptoms.
The patient was referred to Dr Ali Thwaini, a consultant urologist at Mediclinic City Hospital, who counselled him for a laparoscopic repair of his ureter by replacing the diseased segment with a piece of his small bowel. This procedure is normally carried out in a traditional open surgery, lasting several hours and needing a large abdominal incision, with a prolonged post-operative recovery. Dr. Ali Thwaini
The laparoscopic approach offsets most of these challenges by offering minimal invasive surgery and quicker post-operative recovery. The patient consented for the procedure and it went smoothly. He stayed for four days in the hospital and went home afterwards in a good condition. He returned to his duties in a very short time.
Upon follow up, the patient was doing very well and back to normal within four weeks of the surgery.
To our knowledge, this is one of the first procedures of this type to be carried out in the UAE, and it provides a viable and long term alternative to the other existing treatment methods.
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(MENAFN- Khaleej Times)
Published: Sun 29 Jan 2023, 7:39 PM
India Under-19 women came up with a brilliant performance to clinch the inaugural ICC Women's Under-19 T20 World Cup in South Africa on Sunday.
India defeated England comprehensively by 7 wickets in the final in Potchefstroom to end their wait for a women's world title.
Put into bat, England folded up fore 68 in 17.1 overs after fine bowling efforts by Titas Sadhu, Parshavi Chopra and Archana Devi, who took two wickets each.
India then overhauled the modest target in 14 overs with Soumya Tiwari remaining not out on 24. Gongadi Trisha too made 24 after opener and captain Shafali Verma had scored 15.
India Under-19 beat England Under-19 by 7 wickets
England Under-19: 68 all out in 17.1 overs (Ryana MacDonald-Gay 19; Titas Sadhu 2-6, Parshavi Chopra 2-13, Archana Devi 2-17)
India Under-19: 69-3 in 14 overs (Soumya Tiwari 24 not out, Gongadi Trisha 24, Shafali Verma 15)
Player of the Match: Titas Sadhu (India Under-19)
Player of the Tournament: Grace Scrivens (England Under-19)
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(MENAFN- Markets Research Reports)
kidswear refers to clothing specifically designed and made for children. It includes a wide range of garments and accessories tailored to fit the smaller sizes and unique needs of children. Its encompasses clothing for infants, toddlers, and older children, typically up to around 12 years of age, although some brands may offer clothing for teenagers as well.
For Download Sample Report Link Here:
Kids wear is designed with consideration for children's comfort, safety, and functionality while also incorporating age-appropriate styles and designs. The clothing often features playful patterns, vibrant colors, and cute or trendy motifs that appeal to children and reflect their interests. Kidswear can include various categories of clothing such as tops, bottoms, dresses, sleepwear, outerwear, swimwear, activewear, and accessories like hats, shoes, and socks.
In terms of purchasing kids wear, it is available in numerous retail stores specializing in children's clothing, department stores, online retailers, and brand-specific outlets. Parents and caregivers can choose from a wide array of brands, styles, and price ranges to meet their preferences and budget. When selecting kidswear, it's important to consider factors like size, fabric quality, durability, and ease of care to ensure the clothing is suitable for children's needs and can withstand their active lifestyle.
It is worth noting that fashion trends in kids wear often mirror adult fashion to some extent, but with a focus on age-appropriate designs and materials. Additionally, ethical and sustainable practices in the production of kids wear are becoming increasingly important, with many brands offering organic, eco-friendly, and fair-trade options to cater to the growing demand for conscious consumerism.
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Victor Smith, ex-Ambassador to the United Kingdom and Ireland has said that the Elections 2016 were rig and influenced.
He said that despite having the knowledge that the election was not fair he accepted the results because he is a peaceful man and did not want any disturbance in the country.
He said that in the upcoming Elections of 2016 Ghanaians should choose their representatives wisely and make sure that corrupt and dishonest leaders are not chosen.
He also said that the present government of the New Patriotic Party has failed to deliver to the people and this government is not up to the expectations.
He said that the government of John Mahama was much better than this government and people will think before casting their vote now.
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(MENAFN- IANS) Mumbai, May 31 (IANS) Actor Jay Bhanushali has talked about falling in love in the show 'Hum Rahe Na Rahe Hum'. He says the initial feeling of falling in love is forever surreal.
Speaking about the imminent change in the lives of the aristocratic Barot family, Jay, who plays the role of Shivendra, shared: "The initial feeling of falling in love is forever surreal! With the on-going sequence, Shivendra and Surilii are deeply captivated by each other, inseparable even for a moment."
He added: "Shiv promises to be by her side through thick and thin and gives her that assurance by going ahead and uttering the 3 magical words, 'I love you!' It's been a while since I did a romantic sequence, it was an exhilarating experience for me to tap into my romantic side. But there are big changes that will leave the viewers surprised and shocked at the plot going forward, driven by this decision - so stay tuned!"
'Hum Rahe Na Rahe Hum' airs on Sony Entertainment Television.
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(MENAFN- Gulf Times) AFG College with the University of Aberdeen recently hosted British ambassador Ajay Sharma at its campus for the first time.
Sheikha Dr Aisha bint Faleh al-Thani, founder and chairperson of Al Faleh Group, Brian Buckley, principal of AFG College, Prof Richard Wells, dean of Transnational Education at the University of Aberdeen, and Dr Karen Foster, provost, received the envoy.
The visit included a tour of the campus premises and a meeting with students and staff, followed by a brief presentation on Al Faleh Group and the University of Aberdeen's collaboration for further strategic development.
'I am delighted to visit the campus of AFG College with the University of Aberdeen, which is another example of a British education institution offering UK's unrivalled higher education expertise to students in Qatar. I am sure this will lead to even greater academic and education co-operation between our two nations, said ambassador Sharma.
'The visit of the British ambassador demonstrates the level of commitment that the embassy attaches to this project and their willingness to further develop our working relationship, making progress in areas of mutual interest. The ambassador expressed his willingness to provide any support that was necessary and was happy to see the students contributing to the cultural, scientific and educational environment of
Qatar, noted Sheikha Aisha.
'Having 135 enrolled students has been a great achievement for our first academic year. We have recently opened registration for our September 2018 enrolment and are looking forward to welcoming a new undergraduate cohort, as well as the possibility for those wishing to continue their studies at postgraduate level. Our future campus will include four main schools: Medicine, Engineering, Social Sciences and Business, added Buckley.
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Asia Mostly Higher, RBNZ Raises Rates
New Zealand raised its cash rate by another 50 basis points to 3%, the latest in a series of interest rate hikes in an effort to curb inflation.
Elsewhere, Japan stocks surged following better-than-expected export figures and Australian wages rose.
The Nikkei 225 leaped 353.86 points, or 1.2%, to 29,222.77, after the country reported better-than-expected exports growth for July compared with a year ago.
Its exports growth of 19% beat the 18.2% expected by analysts in a Refinitiv poll, driven by a strong recovery in car exports.
In Hong Kong, the Hang Seng index gained 91.93 points, or 0.5%, to 19,922.45.
Korean stocks moved lower, likely due to some profit taking among the major stocks. Among the big losses at market close were Hyundai Motor at 3.8%, Kia at 4% and Seah Steel Holdings at 2.8%.
In Australia, the biggest winners were bank stocks, coal producer Whitehaven Coal and media corporation Seven West Media.
In Shanghai, the CSI 300 fell 7.84 points, or 0.2%, to 4,177.84.
Chinese food delivery giant Meituan shares have risen 3.3%. The move marks a rebound from the 9% plunge Tuesday, which followed a report that Tencent is planning to sell the majority of its $24-billion stake in the company.
Ahead of its second quarter earnings release, Tencent shares were flat.
In other markets
In Taiwan, the Taiex gained 44.38 points, or 0.3%, to 15,465.45.
In Korea, the Kospi index dropped 17.05 points, or 0.7%, to 2,516.47
In Singapore, the Straits Times Index recovered 8.97 points, or 0.3%, to 3,262.78.
In Australia, the ASX 200 added 22.3 points, or 0.3%, to 7,127.68.
In New Zealand, the NZX eked up 5.77 points, or 0.1%, to 11,852.93
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Government has made efforts to ensure merit: Khattak
Khyber Pakhtunkhwa Chief Minister Pervez Khattak says provincial government has made efforts to ensure good governance, eliminate of corruption and ensure merit.
He was talking to a delegation of National Management College, with called on him in Peshawar today.
The Chief Minister informed the delegation about major development projects launched by the government during past three years.
The meeting also exchanged views on different matters including governance, reforms and other initiatives taken by the provincial government for welfare of people of the province.


(MENAFN- Live Mint) "Canada and India have expelled a senior diplomat each after Canadian Prime Minister Justin Trudeau alleged the involvement of \"agents of the Indian government\" in the killing of a prominent Sikh separatist leader in Surrey in June, claims outrightly rejected by New Delhi as \"absurd\" and \"motivated\".Here is how countries like USA, UK, Australia reacted to Canada's allegations:Britain said it was in close touch with its Canadian partners about \"serious allegations\" from Ottawa that the Indian government was involved in the murder of a Sikh separatist leader in Canada.\"We are in close touch with our Canadian partners about these serious allegations,\" a government spokesperson said. \"It would be inappropriate to comment further during the ongoing investigation by the Canadian authorities.\"Australia and the US, Canada's allies in the“Five Eyes” intelligence-sharing setup, expressed deep concern over Prime Minister Justin Trudeau's allegations of a“potential link” between Indian government agents and the killing of Khalistani leader Hardeep Singh Nijjar in June as reported by Hindustan Times.“We remain in regular contact with our Canadian partners. It is critical that Canada's investigation proceed and the perpetrators be brought to justice,” White House National Security Council spokesperson Adrienne Watson said in a brief statement.A spokesperson for Australia's foreign minister Penny Wong said Canberra's concerns had been conveyed to New Delhi at“senior levels”.“Australia is deeply concerned by these allegations and notes ongoing investigations into this matter,” the spokesperson said in a statement.“Australia believes all countries should respect sovereignty and the rule of law.”India has outrightly rejected as \"baseless\" and \"motivated\" Canadian Prime Minister Justin Trudeau's claim of a \"potential link\" between Indian government agents and the killing of a Khalistani separatist leader and sought prompt legal action against anti-India elements operating from Canada.After Trudeau made the comments in the Canadian Parliament, his Foreign Minister Melanie Joly announced that a top Indian diplomat had been expelled from Canada.Joly's office said the diplomat is Pavan Kumar Rai, the head of the Research and Analysis Wing (RAW), according to Canadian broadcaster CBC News.*With Agency Inputs
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(MENAFN- The Peninsula) QNA
Doha: In the presence of Minister of Social Development and Family H E Mariam bint Ali bin Nasser Al Misnad, Qatar Women's Sports Committee yesterday inaugurated at its headquarters an artistic mural painted by a number of Qatari artists, as part of community participation and promotion of the FIFA World Cup Qatar 2022.
The event was attended by members of the Board of Directors of the Qatar Women's Sports Committee, in addition to Qatari artists Sheikha Ali Al Kuwari, Fatima Mohamed Al Nuaimi, Fatima Abdullah Al Khalaf, Hessa Abdullah Al Kalla, Mona Hashem Al Sada, Bakhita Mubarak Al Sada, Batoul Jaafar Al Dahnin and Saadia Abdul Samad Ahmed.
The event witnessed the participation of the affiliates of Shafallah Centre for Children with Special Needs in drawing on a special mural for them as part of their contribution to the promotion and celebration of the upcoming FIFA World Cup Qatar 2022.
Chairman of the Qatar Women's Sports Committee Lolwa Hussein Al Marri said that the Women's Sports Committee was keen to contribute to the promotion of this historic event by organising some football-related events.
Assistant Secretary of the Women's Sports Committee Maha Yousef Al Abduljabbar said the committee has always been proactive in community participation, and now it is participating in mural drawings about the World Cup with the countdown to the start of the FIFA World Cup Qatar 2022.
She said that a number of Qatari female artists painted wonderful paintings on the murals, indicating the World Cup and expressing its many aspects. She noted that the Women's Sports Committee always contributes to all major sporting events in Qatar.
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(MENAFN- Morocco World News) Rabat – Foreign film and television productions invested approximately MAD 500 million in Morocco in 2017, according to a report by the Moroccan Cinematographic Center (CCM) issued on Saturday, March 17.
Twenty-seven foreign films, produced mostly by French, German, English, American, Italian, Chinese, Indian, and Spanish producers, were filmed in Morocco in 2017.
The budget for these films amounted to MAD 283.83 million, marking a significant increase compared to MAD 138.62 million invested in 2016 by 24 foreign film productions.
Dante Lam's 'Desert Storm' (MAD 114.51 million), Lionel Steketee's 'Alad' 2' (MAD 34.83 million), Ali Abbas Zafar's 'Tiger Zinda Hay' (MAD 14.48 million) and Fred Grivois's '15 minutes de guerre' (MAD 13.33 million) were the most expensive feature films shot in Morocco in 2017.
Nine television series were also filmed in Morocco, with a total investment of nearly MAD 185.43 million. '40 North' (MAD 46.81 million), 'Tom Clancy's Jack Ryan' (MAD 43.8 million) and 'The Nine' (MAD 41.29 million) were the most expensive television series shot in Morocco.
Twenty-nine commercials (MAD 17.75 million), 5 short films (MAD 669.201), 10 video clips (MAD 1.65 million), 11 institutional films (MAD 1.36 million) and 6 docufictions (MAD 6.31 million) were also shot in Morocco last year.
In 2016, the total budget of all foreign productions amounted to MAD 280 million, according to CCM.
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AUC opens new bookstore at Egyptian Museum
(MENAFN- Daily News Egypt) Celebrating the 115th anniversary of the Egyptian Museum, the American University in Cairo (AUC) took part in the he Egyptian Heritage Exhibition, and opened a branch of its bookstore at the museum.
€œAUC Press Bookstores regularly takes part in events and book fairs, but this is a unique and excellent initiative by the Ministry of Antiquities,€ said Nigel-Fletcher Jones, director of AUC Press Bookstores. €œMany visitors to Cairo are here on a short, almost whistle stop tour, so this may be one of a few rare moments when they are able to see the huge range of high quality books AUC Press has to offer.€
The new bookstore has a guide to the Egyptian Museum in different languages, as well as a collection of books about ancient Egyptians and the history of the pharaohs and some books on Egyptian culture, including crafts and cookery.
The bookstore opened its doors to visitors as a part of the exhibition which celebrates 115 years since the Egyptian Museum was first opened. However, it is planned to permanently exist as part of the museum even after the exhibition ends in February.
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(MENAFN- Muscat Daily) Muscat- Omani artistes have given a humorous take to the popular video albumDespacito
which has got 2.5bn views. While the original one is about relationship, the local version on YouTube highlights the high cost of marriages in the Omani society.
This version starts with the lead singer, Omani musician Mohamed al Munji, visiting the father of the woman he wishes to marry. The father demands that any suitor should own an apartment, a car and provideshabka
(jewellery given as a gift to the bride) as well as pay dowry. 'Why do you put conditions that break our backs? Have you forgotten how cheap dowries used to be in your time?' Munji sings to the father.
In the video, the lyrics of the original song is replaced withAthabtohom
(You are tormenting them) in Arabic.
The song urges the elderly not to force young men to 'run after money and superficialities' and to let them marry their daughters.
Omani entertainer Muhannad al Adwani, better known as Hanood, raps in Arabic to the beat of Daddy Yankee's original segment, telling parents that marriage should be 'simple, simple' without expensive demands from them.
'He wanted her, they got engaged. Her parents said yes, packed her bags and celebrated her arrival to her new home. And then they marry and they finally rest. See? It's simple.'
The video has received positive comments on social media for highlighting the issue of expensive dowries, which has been a much-discussed matter in Oman for many years now.
The video can be watched at
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Macau’s composite CPI fell 0.51 in May
(MENAFN) On Friday, June 18, the Statistics Department of the Special Administrative Region (SAR) said that Macao’s Composite Consumer Price Index (CPI) for the last month fell 0.51 percent annually for reach 102.51.
The drop is due to falling pork prices and falling costs for package travel and telecommunication services, according to the most recent report from the Statistics and Census Service (DSEC).
However, the decline was partly offset by higher airfares, high liquefied petroleum gas and fruit prices, rising electricity and catering costs, and soaring salaries for local helpers.
Analyzed by product and service area, the leisure, culture and communications price indexes declined by 10.06% and 7.63% per year each, while the transportation and household furniture and services indexes declined. increased by 2.32% and 2.19%.
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(MENAFN- IANS) Chennai, Sept 27 (IANS) A 25-year-old youth from Kancheepuram in Tamil Nadu has been roped in to play in the basketball league in Malta.
Accordingly, Ulhas K.S. will be the first Indian to play in Division 1 of the Maltese BoV League 2023-24, representing Valetta Fighters. The league is scheduled to commence from October 3 and Ulhas will be playing for a minimum period of three to seven months.
He had earlier played in the Maldova league in 2021-22 and had represented India against Lebanon in a World Cup qualifier in October 2022, besides representing the country against Jordan and Saudi Arabia in February 2023.
Ulhas also led the Westminster Dragon men's team while doing his business management course in the United Kingdom.
Speaking to IANS, Ulhas said,“I got selected in the first team of the Westminster Dragon which was run by Clive Castillo, the head coach and a big name in international basketball. Clive has played a prominent role behind my success at Westminster. He gave me lot of opportunities to prove myself and supported me throughout my time there.”
Ulhas, who has turned into a professional basketball player, said that the Westminster University team won its first championship in seven years in the British Universities and Colleges Sport (BUCS) Division 3 league.
Ulhas said that he was offered the first professional contract by Gloria in the Moldovan National LeagueDivision 1, becoming the first Indian to play professional basketball in Europe.
He also said that to play in the Maltese BOV League Division 1 is a much higher step in his carrier as this league is superior to the league in Maldova. He now has his eyes set on the NBA league in the United States.
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(MENAFN- ING) Regional PMI readings: weak manufacturing PMI is expected
China's PMI is expected to follow the declining trajectory of the previous months. The worrying amount of Covid cases in China led to the tightening of measures in multiple cities including in the tech hub of Shenzhen, as well as a weeks-long lockdown in Chengdu. This could contribute to falls in orders, employment and business confidence, leading to the Caixin Manufacturing PMI and NBS non-manufacturing PMI falling for the fourth straight month. The impact of the economy might be cushioned for large-scale and state-owned firms surveyed in the NBS manufacturing PMI as orders and input costs for these companies are stable and business sentiment is less affected, contrary to that of private companies.
In Japan, we believe that the reopening of the economy is likely to support service sector activity. Thus, the composite PMI is expected to rebound mainly on a rise in the services PMI while the manufacturing PMI continues to fall.
In Korea, local business surveys are due to be released next week, and these are expected to deteriorate amid several headwinds, such as high interest rates both at home and abroad, production disruptions at major steel factories due to typhoons, and poor performance expectations in the semiconductor sector. The recent depreciation of the Korean won probably played a role in worsening the sentiment as well.
Regional industrial production data points to a slowdown
Japan, Korea, and Singapore will release their August industrial production data next week which will suggest a slowdown in manufacturing activity throughout the Asian region. In Japan, despite a boost from the reopening, industrial production in August is expected to take a breather and decline moderately after a strong gain over the past two months. South Korea's industrial production is expected to contract more intensely on the back of weak output from automobiles and IT/semiconductors. In Singapore, we also expect a modest monthly decline as the manufacturing PMI fell in August. However, as the material shortage situation has improved since June, the magnitude of the decline should be smaller than in the previous month.
India's repo rate
The Reserve Bank of India will meet on 30 September to discuss interest rates. It is likely the Bank will hike its key repo rate by 30bp to 5.7%. As inflation rose from 6.7% in July to 7% in August, policymakers should continue to feel the pressure and increase repo rates in an attempt to cool the economy.
Asia Economic Calendar
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(MENAFN- IANS) Belagavi (Karnataka), Oct 3 (IANS) An incident of gang-rape has come to light during an investigation in a dacoity case in which five men were arrested, said police here on Tuesday.
The accused confessed to the crime during their interrogation in Karnataka' Belagavi district, police said.
After the confession, the police found the victim, filed the complaintand are investigating the case.
The accused were identified as Ramesh Khilari from Benachimaradi village, Durgappa Vaddar, Yallappa Gisnigavvagol, Krishna Pujari, and Ramasidda Tapsi. The police have launched the hunt for the main accused in the gang-rape case, Basavaraja Khilari, who was known to the victim.
The incident took place in the limits of Gokak police station on September 5. The victim had come to Gokak town from her village for some work. At the bus station she met a person known to her family. She also met the accused Basavaraja Khilari, who knew her family, at the bus station. He took them to his house in Aditya Nagar.
He gave them tea and informed his other gang members to come to his house. The five-member gang, including Basavaraja Khilari threatened them and gang-raped the woman. Later, they released them in the evening. They also robbed the cash, and ATM card from the man who accompanied the victim.
The accused had threatened that they had gotten the video of the woman with the man she was speaking to at the bus station and it would be made viral on social media. The victim was afraid of the consequences and did not file a complaint.
The accused gang members were arrested by the Gokak police in a dacoity case on September 13. During the interrogation, they confessed to the committing the gang rape. Further investigation is on.
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(MENAFN- Asia Times) The US and UK governments have indicated they are considering recognizing Palestine as a state after the current conflict ends.
On a visit to Lebanon on February 1, the UK foreign secretary, David Cameron, said this would be impossible while Hamas remained in control in Gaza, but that giving Palestinians the prospect of statehood would be“absolutely vital for the long-term peace and security of the region.”
US Secretary of State Antony Blinken, meanwhile, told US media site Axios that he had commissioned the State Department to review potential options for US and international recognition of a Palestinian state. Previously, US policy towards Palestinian statehood had been that this was a matter for negotiations between Israel and the Palestinian Authority.
International recognition would usher in a new phase for the realization of Palestinian statehood. The legal framework for addressing the situation would expand to include more international bodies dealing with international human rights and accountability.
The first thing to stress is that recognition and statehood are two separate issues. Under international law, states conduct foreign relations on the basis of bilateral and multilateral recognition of each other's statehood as sovereign countries. This recognition also forms the basis for how states behave and imposes various legally binding obligations and duties under international conventions.
Palestine has been recognized as an independent state by 139 of 193 UN members . But, crucially, the US, UK and other G7 countries including Germany, Italy and France, have not.
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(MENAFN- KNN India)
Export Promotion Council for Medical Devices to be set-up soon
New Delhi, Sept 22 (KNN) The Union Ministry of Commerce has decided to setup an Export Promotion Council for Medical Devices (EPCMD) under the aegis of Department of Pharmaceuticals to boost exports of medical devices from India.
The Yamuna Expressway Industrial Development Authority (YEIDA) will provide Rs 3 crore as an initial fund support for setting up of the Council and free office space at the upcoming Medical Devices Park Common Facility Centre, Greater Noida.
The council will be headquartered in YEIDA, Greater Noida and with regional offices in Andhra Pradesh and Telangana.
The Engineering Export Promotion Council of India (EEPC) will provide assistance and guidance to the EPCMD for an initial period of five years.
'The setting up of the export promotion council will help bring in coordinated inter-ministerial policy measures for unleashing the huge export potential and investment potential of over Rs 80,000 crore for manufacturing medical devices for the global market,' step will go a long way in accelerating the exports and manufacturing growth of this sector,' Rajiv Nath, Forum Coordinator, Association of Indian Medical Devices Industry (AiMeD) told IANS.
India during FY 22 exported Rs 23,766 crore worth of medical devices up from Rs 19,736 crore the previous year. (KNN Bureau)
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(MENAFN- Gulf Times)
Students of Qatar University Young Scientists Centre (QU-YSC) participated in Qatar University's Annual Research Forum and Exhibition 2021, which was held under the theme 'Building Resilience at Universities: Role of Innovation and Entrepreneurship'. Two groups of students affiliated to QU-YSC participated in two categories of research, which were innovation and computing coding.
The first research offers an electronic application called Qatar Guide. This application introduces tourists and visitors to Qatar's tourist and archaeological areas and also introduces them to the stadiums hosting the 2022 World Cup and the locations of the matches.
This research was prepared by students Sarah al-Sada and Amna al-Bouhoud from Zubaydah High School for Girls.
The other research is an electronic application titled CMMT. This application aims to make it easier to teach students in different stages the study on chemistry and its basics - from the periodic table and chemical equations and how to solve them in innovative ways.
This application was prepared by students Sultan al-Badr, Hassan al-Amadi and Abdullah Mahmoud from Qatar School of Science and Technology for Boys.
These innovations were carried out under the supervision and support of QU-YSC. The participation of the centre's students in the forum and the annual research exhibition comes within their affiliation to the programme, 'I Am Researcher', for the 18th session, which is one of the research programmes provided and developed by the centre.
The centre also participated in research for students of the summer programme of the secondary school by creating a device to measure the water level using upgraded electrical control sensors automatically.
Professor Noora Jabor al-Thani, director of QU-YSC, said:“The centre always encourages its students to learn and innovate and develop technologies and inventions that contribute to the development and renaissance of the country to achieve Qatar National Vision 2030.”
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(MENAFN- Newsroom Panama)
The Guatemalan Foreign Ministry has received the extradition file of the son of former Panama president Ricardo Martinelli (2009-2014), Ricardo Alberto Martinelli Linares, and will proceed to transfer him to the US authorities diplomatic sources reported Tuesday.
The file was handed over to the Foreign Ministry by the Guatemalan Judicial Branch on November 18 after Martinelli Linares accepted his extradition to the US on November 8, where he is required for money laundering. The Foreign Ministry will send the file to the United States embassy, to coordinate the date of the extradition.
According to a source in the Foreign Ministry, this week the file could be transferred to the US embassy in and, according to experts, Martinelli Linares could be extradited in two or three weeks to join his brother, Luis Enrique who was extradited to the United States on November 15 on the same charges of money laundering.
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(MENAFN- Trend News Agency) TASHKENT, Uzbekistan, March 26. The FrenchAlstom company would consider the opportunities to participate inan on-ground metro project that will be built in Uzbekistan'sTashkent when the population of this region exceeds one million, asource from the company told Trend .
"The Uzbekistan government shared the plans for the constructionof New Tashkent, which will be connected to the existing parts ofthe capital. The plan includes the development of public transport,including metro and tram lines. In this regard, Alstom iscollaborating with the Ministry of Transport of Uzbekistan to offerthe best solutions," the source said.
According to the source, currently, Alstom collaborates withUzbekistan's Ministry of Transport and the Directorate of the NewTashkent Project on the development of the tram project. Uzbekistanand France have signed the intergovernmental Road Map document forthe development of a light-rail transit system for Tashkent city grant in the FASEP program has already been allocated tofinance the development of a feasibility study for this project. AFrench EGIS engineering company has been selected to conduct thisfeasibility study and has already started the work on the rootselection and collection of other primary data.
"As a leading global provider of railway transport solutions, westand ready to bring our expertise and experience to Uzbekistan andcontribute towards the development of transport infrastructure,create employment opportunities, and foster sustainable growth inthe region. We are keen to collaborate with key stakeholders inUzbekistan's transport sector, and we believe that ourcontributions can help realize the country's ambitious transportgoals," the source noted.
Earlier in 2022, the Ministry of Transport of Uzbekistan andFrance's Ministry of Foreign Trade, Economic Attractiveness, andFrench Nationals Abroad signed an agreement on the Tashkent tramsystem project. According to the document, in the first stage,Alstom will build 9.1 km of tram lines in the city. These lines areexpected to transport 78.000 people per day.
The cost of the project is estimated at 167.4 million euros. Itis scheduled to start in the second quarter of 2024.
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(MENAFN- Brazil-Arab News Agency (ANBA))
São Paulo – Arab diplomats and private sector entity representatives discussed taking their countries' relations with Brazil to a whole new level on Tuesday (5) at the headquarters of the Federation of Industries of the State of São Paulo (FIESP). In São Paulo for the Economic Forum Brazil & Arab Countries, the Arab delegation was welcomed by FIESP president and businessman Josué Gomes da Silva .
Talks on trade
Union of Arab Chambers secretary-general Khaled Hanafy asked FIESP for cooperation so that Brazil-Arab relations can move towards a strategic alliance that goes beyond trade. Suggestions included establishing Brazilian areas within Arab-based industrial zones, trading higher value-added products, and transfer of expertise.
Arabs and Brazilians
In an interview with ANBA after the meeting, FIESP superintendent Antônio Carlos Costa said there is already a long-standing cooperation tradition with the Arab countries and that the challenge is now making this relation more close-knit and permanent so that it can actually thrive and move towards a higher value-added trade. They talked about creating a group for taking this relation to a new level of possibility.
Welcomed at FIESP
“We already have a great relationship in agribusiness, but we feel that we could go further both in terms of technology exchange, as it was said, and more technological converting industry trade,” Costa said. The group to be created would aim to address the issues raised in the meeting such as added value, investments, partnerships, and training.
In addition to Arab leaders and diplomats, like the Council of Arab Ambassadors in Brazil dean and Palestinian ambassador Ibrahim Alzeben and Arab League assistant secretary-general Hossam Zaki, the meeting was attended by Arab Brazilian Chamber of Commerce (ABCC) president Osmar Chohfi and secretary-general Tamer Mansour, Federation of Muslim Associations in Brazil (FAMBRAS) president Mohammed Zoghbi and vice president Ali Zoghbi, and other authorities, diplomats and businesspeople involved in Brazil-Arab relations.
Translated by Guilherme Miranda
Isaura Daniel/Arab Brazilian Chamber
The post Arabs discuss boosting relations with Brazil appeared first on Agência de Notícias Brasil-Árabe .
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(MENAFN- UkrinForm) President Volodymyr Zelensky discussed with U.S. Secretary of Transportation Pete Buttigieg the restoration of Ukraine's infrastructure and the development of transportation opportunities for the export of Ukrainian goods.
This is reported on the website of the Head of State, Ukrinform saw.
"President of Ukraine Volodymyr Zelensky met with U.S. Secretary of Transportation Pete Buttigieg, who is on a working visit to Ukraine," the statement said.
The Head of State emphasized that the visits of American officials were a powerful signal of unwavering support for Ukraine by the American people, the President of the United States and his administration, the Congress and both parties.
"We are grateful to the United States for its strong support in reconstruction. This is really important for Ukraine, which is experiencing barbaric attacks with missiles and drones from the aggressor state every day. However, thanks to such reliable allies as the United States, we are becoming stronger every day in countering this evil," Zelensky said. Read also:
of Mariupol will take 20 years - mayor
The meeting focused on coordinating joint actions to restore Ukraine's infrastructure and develop transportation capabilities for exporting Ukrainian goods to international markets.
The parties discussed the prospects of further development of an alternative humanitarian route in the Black Sea for the transportation of Ukrainian export products. The President emphasized that military support from the United States is critically important for the reliable protection of this route from Russian attacks.
"We are extremely interested in the development of Ukraine's railway transport network, which is also important for strengthening our cooperation with European countries. The U.S. has a significant potential to provide Ukraine with appropriate assistance," the Head of State stressed.
The parties also touched upon the prospects of establishing joint production in the defense industry.
As Ukrinform reported, U.S. Secretary of Transportation Pete Buttigieg arrived in Kyiv on November 8 for an unannounced visit.
Earlier, U.S. Secretary of State Antony Blinken emphasized that America has a clear plan of action to help Ukraine while the war unleashed by Russia continues.
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(MENAFN- Arab Times) '90 volunteers at Grand Mosque'
KRCS volunteers setting up solar panels to provide energy for street lights in Yemen's Socotra Island
KUWAIT, June 9, (KUNA): Kuwait Red Crescent Society (KRCS) announced Friday the launch of solar street lights in Daba Karajah village in Yemen's Socotra Island, northwest Indian Ocean near the Gulf of Aden. The village suffers lack of street lights due to the devastating impacts of Cyclone Mekunu, which hit the Socotra Archipelago recently and caused multiple damage to the Island, Abdulrahman Al-Aoun, head of KRCS mission in Yemen, told KUNA. KRCS is currently intensifying its relief and development efforts in the village in cooperation with local Yemeni authorities in Socotra, providing food supplies, blankets, solar panels, and backup power to light up the entire village, he added.
These efforts are part of implementing the directions of His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah to alleviate the difficult living conditions of Socotra's people, said Al-Aoun. Kuwait will continue delivering relief and humanitarian aid to the Island's people via the relief airlift, he affirmed, pointing out his meeting with Socotra's Governor Ramzy Mahrous, who thanked the Kuwaiti government for answering the help call of the Island's people.
Meanwhile, KRCS said 90 volunteers are providing first aid and services to worshippers performing prayers of the last 10 days of Ramadan at the Grand Mosque. In a statement to KUNA on Saturday, head of youth and volunteers' department at KRCS Musaad Al-Enezi said the male and female volunteers were given a training course in first aid to enable them to deal with any health issues or emergencies that may encounter worshippers as they perform late-night prayers.
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(MENAFN- Bangladesh Monitor) Dhaka : Country's popular fashion house Prem's Collection unveiled its latest fashion collection for Eid 2023 at a grand live fashion show titled "Pre-Eid Fashion 2023" on March 16. The event was attended by top models and celebrities, including actress Bidya Sinha Saha Mim and model Shimul.
During the event, Prem Bambani, the brand's director and chief designer, emphasised the brand's commitment to designing elegant and comfortable outfits for the biggest festival of the Muslim community. The collection featured vibrant colours and intricate designs, catering to all age groups with traditional, modern fusion, and casual wear.
The brand's focus is to offer customers quality designs that fulfill their needs. They employ a team of skilled craftsmen to create outfits and source materials locally, supporting local talent and artisans.
The fashion show was a huge success, and the latest collection was well-received by customers. 'Prem's Collection' continues to be a popular choice among fashion-conscious customers in Bangladesh due to their dedication to quality, customer satisfaction, and promoting local fashion.
Bidya Sinha Saha Mim, who attended the event as a showstopper, shared her thoughts on the collection, saying, "I had a unique feeling while being a Showstopper at this event, and I find all the dresses in their Eid collection special. I especially like the dresses from the Prem's collection as they offer great shopping opportunities even on a limited budget."
Overall, the latest collection by 'Prem's Collection' for Eid 2023 showcases their expertise in fashion design, and their commitment to quality, comfort, and promoting local talent, with the added endorsement of actress Bidya Sinha Saha Mim.
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South Korea intends to establish ‘chip alliance’ with Netherlands
(MENAFN) South Korea intends to form a "chip alliance" with the Netherlands during President Yoon Suk Yeol's upcoming state visit next week, as announced by his office on Thursday.
Both nations are prominent figures in the global chip industry, which is currently experiencing political upheaval due to the competitive dynamics between China and the West for supremacy.
As part of his itinerary, Yoon is set to visit ASML in the Netherlands, a key player globally as the leading manufacturer of machines crucial for semiconductor production—the core components driving various technologies from consumer electronics to weaponry.
In June, the Dutch government made it mandatory for companies involved in producing equipment for semiconductor manufacturing to obtain permission for exporting to foreign clients, effective from September of the same year.
One of the aims of the next state trip is "to establish a 'semiconductor alliance' between South Korea and the Netherlands," declared Yoon's deputy national security advisor Kim Tae-hyo.
The office of President Yoon Suk Yeol stated that ASML has given him permission to tour their cleanroom facilities during his visit. These cleanroom facilities are highly regulated environments specifically designed for the manufacturing of ASML's products, ensuring a high level of precision and cleanliness. This makes President Yoon the first foreign leader to be granted access to these facilities.
Seoul is looking to "combine the Netherlands' advanced equipment and South Korea's advanced manufacturing capabilities," Kim declared.
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Human Services makes the cut
State aids that haven't increased in a decade and limits on county funding will apparently mean fewer services to Pierce County's mentally ill residents as well as the loss of almost six full-time county jobs.
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Local authors set book signings in DL
Book World in downtown Detroit Lakes will be hosting book signings by two local authors in the coming weeks.
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