(MENAFN- The Peninsula) The Peninsula
Doha, Qatar: The Public Works Authority 'Ashghal' announced the completion of the second package of the Roads and Infrastructure Development Project in West Muaither, which aims to develop road networks and infrastructure services in the area.
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Eng. Fahad Mohammed Al-Otaibi, Head of the Western Areas Section in the Road Projects Department at Ashghal, noted that the authority is implementing an integrated plan to develop the West Muaither area, which includes three packages, two of which are completed. The first package which was completed in 2018, and which serves 1,393 land plots, and the second package which serves 965 plots.
Regarding the scope of the second package, Eng. Mohamad Al-Ateeq, Project Engineer in the Western Areas Section of the Roads Projects Department, stated that it included the development of about 28 km of roads and 60 km of shared pedestrian and cycle paths, implementation of about 10,680 square metres of landscaping, provision of about 5,050 parking spaces, and installation of 1,376 lighting poles.
In terms of the infrastructure network development, approximately 24 km of rainwater drainage network lines and 0.8 km of sewage network have been completed, in addition to 5.5 km of treated water network.
Eng. Al-Ateeq added that the roundabout on Sheikh Jassim bin Ali Street was converted into an intersection with traffic lights, which had positively impacted traffic movement in the area.
The design of Al-Mashaab Street, which is considered one of the vital streets in the area, was also optimised to better serve traffic and residents in the area. A new service road was added, bus parking lots were modified, and the number of car parking spaces increased.
Notably, the second package of the Roads and Infrastructure Project in West Muaither relied on local materials and manufacturers for most of its work, with local components accounting for 70% of the total materials used. Aligned with its goal to support local manufacturers and the Ta'heel initiative, Ashghal also used local Qatari sources to supply items such as gabbro, lighting poles and lamps, directional signs, sewage pipes, rainwater drainage, asphalt, prefabricated manholes, concrete, and rebar.
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(MENAFN- AFP) Eurozone finance ministers approved a two billion euro ($2.1 billion) payment to Greece on Monday, declaring that Athens had successfully met the strict reform commitments demanded in the country's bailout.
The payment confirms that relations between leftist led Greece and its European creditors have significantly appeased after a six month battle earlier this year nearly saw Athens thrown out of the eurozone.
"Today's decision to disburse 2 billion euros of ESM (eurozone bailout) funds reflects the Greek government's commitment to the programme as it implemented an extensive list of essential reforms," said the head of the rescue fund, Klaus Regling.
Greece's leftist government last week narrowly pushed a bailout reform vote through parliament in order to win the payment from the 86-billion-euro bailout, Greece's third in five years.
The eurozone ministers, in Brussels for a monthly meeting, welcomed the adoption of the new measures, which were also a condition for unlocking 10 billion euros to recapitalise Greece's top banks.
"This is an important step towards addressing the main challenges that the Greek economy is facing and towards restoring it to a sustainable path," the ministers said in a joint statement after the talks.
There now remains one billion euros in order for Athens to complete its frist review from the bailout, which is to last three years.
Once this is achieved, extremely sensitive talks on reducing the overall size of Greece's huge public debt pile can begin, with opposition from rescue-fatigued governments like Germany running high.
After storming to power at the beginning of the year on a programme to free Greece from the restrictions of bailout programmes, Tsipras in July accepted the rescue deal with strict conditions including further cutbacks in public spending.
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(MENAFN) Better.com, an American digital lender company, experienced a collective staff lay off by its chief executive during a Zoom meeting.
Vishal Garg, chief executive of Better.com stated on the December 1 meeting, “If you are on this call, you are part of the unlucky group that is being laid off.” An employee posted the video on YouTube.
The chief executive continued to say, “Your employment here is terminated effective immediately,” as he explained the reasons behind this dismissal to be the awful market circumstances and a decrease in the firm’s activity.
As reported by TechCrunsh, in May, SoftBank-backed debt lender stated it was experiencing a unique purpose acquisition firm and in the past week it obtained USD750 million as part of the agreement.
Mr Ryan, the chief financial officer, reported in a declaration to CNN Business, “Having to conduct layoffs is gut wrenching, especially this time of year,” adding “however a fortress balance sheet and a reduced and focused workforce together set us up to play offence going into a radically evolving home ownership market.”
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(MENAFN) Iran has strongly responded to the United Nations Human Rights Council (UNHRC) that voted on Thursday for a resolution to create an independent fact-finding mission to examine alleged human rights violations in Iran, mainly against women and children.
The resolution supported by 25 nations, as well as the United States and some European, Latin American, Asian and African countries, was put forward by Germany and Iceland. On the other hand, six nations - China, Pakistan, Cuba, Eritrea, Venezuela and Armenia were against the decision. 16 others abstained.
Khadijeh Karimi, deputy of Iran’s vice leader for Women and Family Affairs, condemned the Western effort as part of a “politically motivated move of Germany to distort the situation of human rights in Iran.”
“The Islamic Republic of Iran deeply regrets that the Human Rights Council is abused once again by some arrogant states to antagonize a sovereign UN member state that is fully committed to its obligation to promote and protect human rights,” Karimi added.
She pointed to the Iranian government’s efforts to foster the role of women in the workplace.
Karimi acknowledged the “unfortunate decease” of Mahsa Amini and stated “necessary measures” were taken afterward, including creation of a parliamentary investigative commission. She also accused Western countries of stoking riots and violence by intervening in Iran’s internal affairs.
Karimi further declared instrumental use of human rights is “disgraceful”.
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(MENAFN- Gulf Times) Former US president Barack Obama yesterday shared advice on leadership and parenting with New Zealand Prime Minister Jacinda Ardern, who is expecting her first child in June.
Obama, who is in New Zealand for three days, was greeted with a powhiri, a traditional Maori welcome, in Auckland before meeting with Ardern for a private conversation.
'He was gifted a beautifully carved whale tooth to acknowledge his skills as an orator and leader, Ardern said in a statement. 'I'm pretty sure New Zealand is leaving a unique and special impression. After the meeting, New Zealand's 37-year-old prime minister told media that the discussions were wide ranging, touching on the future of global politics, climate change and social media.
'It was very much about the international landscape and how we ensure future generations don't observe internationally greater polarisation, she said.
Ardern said she also asked the 44th US president how to deal with guilt as a parent 'because I have no doubt I'm going to experience some of that in the future as I juggle the roles that I have. His advice was simple: 'His insights were the same as I'm sure any parent would probably give me: that you do your best, she said.
Later yesterday, Obama was to speak in front of 800 guests at an invitation-only dinner. Obama will travel today to Sydney, where he will meet Australian Prime Minster Malcolm Turnbull.
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(MENAFN- Jordan News Agency)
Amman, Jan. 6 (Petra) - Speaker of the Lower House of Parliament, Atef Tarawneh held Monday two separate meetings with South Korea's Ambassador to Jordan Lee Jae-wan and Canada's Ambassador to Jordan Donica Pottie.
Tarawneh discussed prospects of joint parliamentary cooperation, and ways to enhance economic cooperation and trade exchange.
He pointed to Jordan's ability to attract Korean and Canadian investments and prepare an investment environment.
Also, regional and international issues were addressed and Jordan's vision towards them, especially situations in Palestine, Syria, and Iraq.
During the meeting with the South Korean ambassador, Tarawneh affirmed Jordan's steadfast stance led by His Majesty King Abdullah II to support the Palestinian brothers and defend Jerusalem, stressing the importance of supporting the two-state solution as a way out for regional crises and as a gateway to achieving the desired peace.
Tarawneh underlined Jordan's keenness to benefit from the Korean economic experience, the importance of enhancing trade and economic cooperation, and working to expand the horizons of cultural and educational cooperation.
For his part, the Korean ambassador emphasized his country's keenness to develop relations with Jordan, and his country's readiness to present its expertise in order to benefit from it in cooperation with relevant government entities.
During the meeting, two experts from the South Korean Institute for Middle East Studies presented a translated version of the Jordanian constitution in the South Korean language, confirming the Institute's interest in enhancing cultural cooperation with Jordan and the Arab region, where they previously translated 13 constitutions in the region.
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(MENAFN – GetNews)
New York, USA – With today’s current economic climate, it can be challenging for investors to find a profitable investment. Thankfully, several platforms can help investors grow their assets without the need to learn all technical information about the market. Regal Core Markets is one of them. Regal Core Markets is a forex brokerage company that helps investors succeed in the capital markets.
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With all the different forex brokerage available today, Regal Core Markets understand that it can be daunting for investors to find the right investment platform for them. Year to date, Regal Core Markets has scaled significantly, achieving a total revenue of 600 million USD and has 1.5 billion USD assets under management (AUM).
Despite the current market conditions, Regal Core Markets was able to achieve stellar financial results due to many investors placing their trust in the company’s platform. In addition, the company’s new expansion strategy also helped strengthen its growth.
For example, its digital marketing efforts are now widespread in the APAC region. This has The company’s digitalization has opened new opportunities to many investors across the globe. The company is also negotiating aggressively with its long-time partners for lower costs, which will benefit its investors. These are just among the new strategies in place. Regal Core Markets offers a trading platform that makes trading more accessible and intelligently.
The economy may be changing day by day, and while investors cannot do anything about the changing economy, they can choose a platform that they can trust during trying times. Regal Core Markets is committed to providing the support they need through different economic climates, whether crisis or not.
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(MENAFN- Khaleej Times)
Published: Sun 6 Feb 2022, 5:53 PM
The Ajman Public Transport Authority APTA launched a new update of the digital portal for services, as part of its plans for digital transformation, keeping pace with digital developments to facilitate the customer's journey in accordance with the standards of distinguished government service.
The digital portal allows customers to manage their companies linked to the portal, apply for permits and register vehicles. The portal also contains many features such as notifications for customers and proactive services to renew permits for transportation, and management of permits, drivers, and vehicles.
Rasha Khalaf Al Shamsi, Director General of the Ajman Transport Authority said that APTA is keen to facilitate the provision of services and reduce the time taken to complete it.
She added that the system will contribute to reducing procedures and time taken to complete the service, reduce human errors, and provide instant data that contribute to decision-making.
She also confirmed that the authority is keen to take feedback from customers and employees on a regular basis, to improve the services provided through periodic questionnaires, brainstorming sessions and continuous training for employees in order to develop the existing competencies to develop digital services.
Abdul Rahman Saif Al Nuaimi, Director of the Institutional Support Department, said that the system was developed internally by the employees of the Digital Transformation Department.
He also added that the authority is keen on continuous and permanent development in accordance with the standards of digital transformation, information security and standards of distinguished government service.
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Al Nuaimi added, 'The digital portal helped in dispensing the papers and electronic permits of drivers and were replaced by the data in the vehicle ownership and the driver's ID card.'
'In addition, the new digital portal was linked to the digital identity to ensure the highest standards of security in user accounts. The new digital portal will also support digital payment through the digital payment gateway 'Ajman Pay'. In addition, the authority will work to provide new features periodically to meet the needs of customers.
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 2. Baseless allegationsagainst Azerbaijan made by Stephane Sejourne, European and ForeignAffairs Minister of the Republic of France, during a joint pressconference with the US Secretary of State in Paris on 2 April 2024,is another vivid example of France's efforts to create a tension inthe region and obstruct the peace process, press secretary of theMinistry of Foreign Affairs of Azerbaijan Aykhan Hajizada saidwhile commenting on the allegations made against Azerbaijan byStephane Sejourne, Minister of Europe and Foreign Affairs ofFrance, at a joint press conference with the US Secretary of State,Trend reports.
"Presenting Armenia by France as a peaceful country, whichoccupied the territories of Azerbaijan for nearly 30 years,displaced almost one million Azerbaijanis from their native lands,and committed massacres and crimes against humanity, demonstrateshow fake is the policy of this country conducted both during itsmediation period and folllowing the 44-day patriotic war.
At the same time, accusations against Azerbaijan in conductingaggressive rhetoric by the French side that is widely armingArmenia and promoting militarism in the region, areunacceptable.
At a time, when Azerbaijan is performing a responsible missionas the host of the 29th session of the Conference of the Parties tothe UN Framework Convention on Climate Change (COP29), we believethat refraining from calls aimed at damaging the country's imageand targeting our presidency will be more beneficial for France andour World.
It should be clear to everyone that the policy of countries likeFrance covering up Armenia's aggression in the last 30 years hasnot been helpful. Thus, the French side should understand that aslong as she does not cease her destructive actions, it will notbenefit both the damaged image of France and Armenia, which shedefends by all means", he said.
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Aizawl: Mizoram has reported 16 cases of the novel coronavirus, the state Department of Information and Public Relations said on Saturday.
With this, the Covid-19 tally in the state reached 4,024, including 3,820 discharged cases and 197 active cases.
A total of seven people have succumbed to the deadly virus in the state so far.
Meanwhile, with 29,398 new Covid-19 cases reported in the last 24 hours, India’s total coronavirus cases reached 97,96,770, said the Union Ministry of Health and Family Welfare on Friday. (ANI)


(MENAFN- AzerNews) By Kamila Aliyeva
The development strategy of Investment Fund of Kazakhstan JSC for 2014-2023 is updated taking into account macroeconomic changes in the country and new economic trends.
Under the new strategy, the Investment Fund of Kazakhstan will continue its work forensuring the return of previously made public investments, Kazinform reported.
While forming strategic directions of development, the Fund proceeded from the current economic situation, external and internal analysis of the company's activities and development forecasts for subsequent years.
The Fund's activity is guided by the tasks set by the President and the Government of Kazakhstan, by the main directions of the policy in the field of industrial and innovative development as well as by state programs in the framework of industrial and innovative development and other policy documents.
Effective restructuring of distressed assets is currently one of the most urgent tasks of the Fund. Thus, according to the new strategy, the Fund at the current stage of development will focus on two areas of activity that is working with stress assets and returning state investments on problem projects.
Investment Fund of Kazakhstan is a national development institution and a managing company in the field of restructuring and managing stress assets. The Fund is a subsidiary of National Holding Company Baiterek JSC. Mission of the Fund by 2023 is to promote industrial potential of the country by recovering troubled projects. The Fund is currently involved in 17 projects.
The economic growth in Kazakhstan is expected to accelerate to 2.2 percent in 2017 and to 4.7 percent for the nine months of 2018.
Economic growth in this period will be provided due to the growth in domestic consumption amid rising real wages, the growth of investment in fixed assets in the framework of the implementation of government programs to support and diversify the economy, and the growth of production of mineral resources (the Kashagan effect).
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(MENAFN) In a renewed effort to address longstanding border tensions, India and China convened for fresh discussions on Wednesday, marking the 29th round of talks between the two nations on the issue. Despite expressing a shared commitment to achieving complete disengagement and resolving lingering issues along the Line of Actual Control (LAC), the talks did not yield any significant breakthroughs.
According to a statement issued by New Delhi on Thursday, both sides engaged in an "in-depth" exchange of views on the path to achieving complete disengagement and resolving border issues. The talks emphasized the need for maintaining "regular contact" through diplomatic and military channels to uphold peace along the border.
Similarly, the Chinese Foreign Ministry's statement acknowledged the discussions' focus on maintaining control over the border situation and emphasized the importance of reaching a mutually acceptable solution as soon as possible.
However, amidst these diplomatic efforts, tensions between the two Asian powers persist.
Earlier this month, India and China engaged in verbal sparring following Indian Prime Minister Narendra Modi's visit to Arunachal Pradesh, a region along the disputed border. China, which claims the region as its own and refers to it as Zangnan, criticized Modi's trip and expressed concerns over the potential implications for the deployment of Indian troops in the area. In response, New Delhi dismissed China's claims as "absurd" and reiterated its commitment to defending its territorial integrity.
As both nations navigate complex territorial disputes and strive for peaceful resolutions, the recent talks underscore the ongoing challenges in bilateral relations and the need for sustained diplomatic efforts to mitigate tensions along the border.
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West Ham honors club legend Mark Noble appoints him as Sporting Director
(MENAFN) West Ham United icon Mark Noble is going to make his come back to his previous team as a Sporting Director, the Premier League club declared on Thursday.
Noble stated that "I'm really happy to be coming back and can't wait to get started," adding: "I'd like to thank the club for giving me the opportunity – it's a great honor for me to take up this role at West Ham United."
The club legend expressed that "I feel that it is a great opportunity for me to make a real contribution and help the club in a number of different ways, and I can promise everyone in the West Ham family that I will give it absolutely everything I have."
West Ham manager David Moyes, who is eager to work closely with his previous captain starting from January next year, expressing his thoughts that "I am really pleased to welcome Mark back and to have the opportunity to work closely with him again. He was a great asset and strength to me as a player and a captain, and I know he will give the club and myself fantastic support again in this role."
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Former Nepalese prime minister remembered
(MENAFN- Gulf Times) The Nepalese People Coordination Committee-Qatar (NPCC), a sister organisation of Nepali Congress, recently hosted the 13th day ritual programme of the late Sushil Koirela, former Nepalese prime minister and party president.
People offered garlands to the portrait of Koirala at the programme, which was chaired by NPCC Vice-President Debaraj Abasthi. Lifetime patron Badri Prasad Pandey was the guest of the honour. Representatives of Nepalese Overseas Forum-Qatar, Nepalese Progressive Front, Nepalese United Society, Nepalese Democratic Front and the supporters and sympathisers of NPCC participated in the programme.
Former PM Sushil Koirala hailed from the west of Nepal. Koirala joined politics in 1954 after being impressed by the socio-democratic ideals of Nepali Congress party. Koirala has been the central committee member of the party since 1979, became its vice-president in 1998 and president in 2010.
He was elected as prime minister of Nepal in February 2014. He had agreed to step down after the constitution was promulgated, to pave the way for new leadership, but had a change of heart and decided to seek re-election in October.
Koirala died of cardiac arrest after suffering from a bout of pneumonia. He was 78.
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Qabil Ashirov read more
The EU, Azerbaijan, and partner countries are working
to ensure energy security and market stability, Azernews reports,
citing European Commissioner for Energy Kadri Simson telling the
9th Southern Gas Corridor Advisory Council Ministerial Meeting and
1st Green Energy Advisory Council Ministerial Meeting in Baku on
She noted that today's discussions are taking place in
the context of global changes in the energy markets.
'Global growth is under threat. Energy security is the
first issue we are thinking about. For this reason, today's
meetings of the Advisory Councils are of the utmost importance.
This shows that the EU, Azerbaijan, and partner countries are
working together to ensure energy security and market stability,'
With the completion of the TAP construction on December 31,
2020, Azerbaijan began commercial gas supplies to Europe via the
Southern Gas Corridor. The SGC is an initiative of the European
Commission for a natural gas supply route from the Caspian and
Middle Eastern regions to Europe. The route from Azerbaijan to
Europe consists of the South Caucasus Pipeline, TANAP, and TAP.
In 2021, TAP transported 8.1 billion cubic meters of gas to
Europe. In 2023, Azerbaijan plans to increase gas supplies to
Europe to 11 billion cubic meters. As of 2022, Azerbaijan exported
9.3 billion cubic meters of gas to Europe in the first ten months
and was expected to supply 11.5 billion cubic meters of gas to
Europe by the end of 2022.
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(MENAFN- UkrinForm) Russia continues to receive components and manufacture new missiles because it circumvents international sanctions.
Ukrainian Air Force spokesman Yurii Ihnat said this in an interview with the Ukrainska Pravda news outlet, according to Ukrinform.
"Unfortunately, Russia receives components. Unfortunately, it continues production. The enemy did not have enough high-precision, long-range missiles - Kh-101, Iskander-M, Iskander-K, Kalibr, Kinzhal – that can reach [targets] far inside the country and strike accurately. When they attacked our critical infrastructure, they used virtually all of their potential of this strategic weaponry. But in the spring there was a short pause, when the enemy increased production. And according to new data from the Main Intelligence Directorate, they already have more Kinzhals and Kalibrs," he said.
In his opinion, Russia has obviously found an opportunity to circumvent sanctions at the expense of individual countries that cooperate with it, and receives technological things that it cannot manufacture itself: circuit boards, chips, semiconductors.
"Therefore, I hope that sanctions will help put more pressure on Russia. If the sanctions work comprehensively and are controlled, then it will be possible to put Russia in its place," Ihnat said.
In May, Ukraine's air defense forces destroyed 7 Kinzhal supersonic missiles, 13 Iskander ballistic missiles, 65 cruise missiles and 169 unmanned aerial vehicles over Kyiv.
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(MENAFN) In the English Premier League's week 31 fixture, Phil Foden proved instrumental in Manchester City's commanding 4-1 victory over Aston Villa on Wednesday. The match, held at Etihad Stadium, witnessed an early lead for Manchester City when Rodri opened the scoring in the 11th minute.
However, it was Foden's stellar performance that stole the spotlight, as the 23-year-old English attacker secured a remarkable hat-trick with goals in the 46th, 62nd, and 69th minutes, ultimately guiding the Sky Blues to a resounding win.
Despite Aston Villa managing to find the back of the net through Colombian forward Jhon Duran's goal in the 20th minute, it was Manchester City's dominant display that secured them the three points at home.
The victory propelled Manchester City to third place in the league standings, amassing 67 points. However, they trail league leaders Arsenal by a mere point, as Arsenal currently sits at the top with 68 points. Liverpool occupies the second spot, also with 67 points, but with a game in hand.
In other Premier League matches played on Wednesday, Arsenal secured a 2-0 victory over Luton, while Brentford and Brighton played out a goalless draw. Manchester City's convincing 4-1 triumph against Aston Villa adds further intrigue to the title race, with the top teams battling fiercely for supremacy in the league standings.
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(MENAFN- AzerNews) By
The European Union is in constant exchange will all relevant stakeholders involved in the realization of Ionian Adriatic Pipeline (IAP) and Interconnector Greece-Bulgaria (IGB) projects, European Commission Vice-President for Energy Union Maros Sefcovic said in an interview with Trend.
"The Interconnector Greece-Bulgaria has been included in the recently agreed 3rd list of Projects of Common Interest and is benefiting from funding form the Connecting Europe Facility fund," noted the EU commissioner.
Furthermore, projects can benefit from accelerated planning and permit granting, improved regulatory conditions and streamlined environmental assessment processes, he added.
"We have also taken the initiative to set up the High Level Group on Central and South Eastern Europe Gas Connectivity (CESEC) where relevant stakeholders come together on a regular basis to facilitate progress on all relevant gas projects in the region including the IGB and the Ionian-Adriatic Pipeline," said Sefcovic.
IGB is a gas pipeline, which will allow Bulgaria to receive Azerbaijani gas, in particular, the gas produced from Azerbaijan's Shah Deniz 2 gas and condensate field. IGB is expected to be connected to the Trans Adriatic Pipeline (TAP) via which gas from the Shah Deniz field will be delivered to the European markets.
The initial capacity of IGB will be 3 billion cubic meters of gas. The project's cost is estimated at around 240 million euros.
IAP is a proposed natural gas pipeline in Southeastern Europe (SEE) that will stretch from Albania through Montenegro, and Bosnia and Herzegovina, to Split in Croatia. It will be connected with the Trans Adriatic Pipeline (TAP). The capacity of the pipeline will amount to five billion cubic meters of gas per year.
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Ukraine’s deputy prime minister and minister of regional development Hennadiy Zubko has said that the country’s economy will be able to do without gas imports in five years due to increasing gas production and a continuous decrease in the country’s gas consumption.
The deputy PM added that it is better to invest in energy efficiency measures than in gas production.
“I advocate reducing gas consumption,” he said. “This will help reduce the tariff burden on the population, increase quality of life and boost competitive products, which should have lower energy intensity,” said the deputy PM.
Mr Zubko said that the government’s current priority is to reduce the price of energy paid by businesses, households, as well as the energy and utility sectors.


(MENAFN- Gulf Times) Authorities in the Philippines yesterday started evacuating thousands of people after the alert status was raised on a restive volcano that spewed a 1km high plume of gas and steam.
The alert for the Taal volcano, about 70km south of central Manila, moved to level 3 from level 2 on the 5-level scale, which the seismology and volcanology agency said meant a“magmatic intrusion” at the main crater“could further drive succeeding eruptions”.
Taal is one of the world’s smallest active volcanoes.
Despite standing at only 1,020-foot, it can be deadly and an eruption in 1911 killed more than 1,300 people.
In January last year, Taal shot a column of ash and steam as high as 15km into the sky, which forced more than 100,000 people to abandon their homes, widespread flight cancellations and heavy ash falls in Manila.
While the situation could go either way, authorities yesterday warned that the type of eruption could potentially be more hazardous than that of last year.
Water in Taal’s crater boiled before and after its eruption, a video posted on the Facebook page of the seismology agency showed.
Magma made contact with the crater’s water, which then turned into gas and vapour, known as a phreatomagmatic eruption.
“Phreatomagmatic is more dangerous because there’s already an interaction with magma,” Maria Antonia Bornas, chief of the agency’s monitoring and eruption prediction division, told a news conference.
The towns of Agoncillo and Laurel, situated on the lake surrounding the Taal volcano, were in danger from eruption and volcanic tsunami, the seismology agency said.
The national disaster bureau warned of eruption-related quakes.
The evacuation of Agoncillo started late afternoon, Batangas provincial governor Hermilando Mandanas said, with 3,523 families or 14,495 people to be moved to safe areas.
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(MENAFN) The US dollar found itself under pressure on Tuesday, trading at its lowest levels against major currencies, including the euro, for several months. This comes as investors anticipate a decline in US interest rates next year, interpreting it as a signal to sell the dollar as a hedge.
Although the movements were modest in early Asian trading, the dollar index experienced a decline from its 200-day moving average on Monday. The Chinese yuan's rise contributed to substantial drops in the US currency.
The dollar index, which gauges the US currency's performance against a basket of six major currencies, witnessed a 1.9 percent decrease last week, coinciding with a significant uptick in US Treasury bond yields. Overnight, it lost an additional 0.5 percent, reaching 103.44 points.
Yesterday, the euro reached its highest level in three months at USD1.0952. This surge was partially attributed to limited support from European Central Bank board member Pierre Wunsch, who opposed market expectations of an interest rate cut in April.
The Chinese yuan achieved its highest level against the dollar in three months on Monday, thanks to the policies of the Chinese Central Bank. Meanwhile, the Australian and New Zealand dollars also saw gains against the US currency.
In early Tuesday trading, the yuan continued to rise, maintaining its gains at 7.1640 to the dollar. The Australian dollar experienced a slight increase to USD0.6561, just below the three-month high it reached on Monday at USD0.6564. The New Zealand dollar settled at USD0.6040.
Even the yen strengthened, reaching its highest level in seven weeks at 148.1 against the dollar overnight, settling at 148.3 dollars on Tuesday.
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(MENAFN- Khaleej Times) Gold prices dipped in the UAE on Thursday morning, but still stayed above Dh245 per gram.
The Dubai Jewellery Group data showed 24K trading at Dh245.50 per gram at the opening of the markets on Thursday, compared to last night's closing rate of Dh275.75 per gram.
Its variants 22K, 21K and 18K also opened lower at Dh227.25, Dh220 and Dh188.50 per gram, respectively, down by Dh0.25 per gram.
Spot gold was steady at $2,026.22 per ounce at 9.14am, UAE time.
[Editor's Note: For real-time gold rates, click on the widget below or visit KT's dedicated trading news page here .]
Zain Vawda, analyst at dailyFX, said investors appeared to be taking a pause ahead of the US jobs report after what can be described as a turbulent week for the precious metal.
Ipek Ozkardeskaya, senior analyst at Swissquote Bank, said the precious metal sees support near the $2,000 per ounce as falling US yields and fading appetite for equities continue to push capital.
Meanwhile, the World Gold Council data showed central banks' gold-buying slowed in October but did nothing to alter the overall trend of robust buying that has captured the attention of investors. Reported global net purchases totalled 42 tonnes during the month, 41 per cent lower than September's revised total of 72 tonnes, but still 23 per cent above the January-September monthly average of 34 tonnes.
Gold investment in UAE: 7 things residents should consider before making a purchase
Gold could hit $2,400 in 2024 if Fed cuts rates earlier
UAE: Why is everyone buying gold despite record-high prices?
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(MENAFN- AzerNews) The Nobel Prize-winning scientist has joined hundreds of other
leading scientists who have signed the World Climate Declaration
(WCD) and said that so-called anthropogenic climate change is a
hoax by the world's elite, according to an article on
thepeaople'svoice website, Azernews reports
Dr. John Clauser has now officially put his name to the World
Climate Declaration which states that“there is no climate
As The People's Voice previoiusly reported, Clauser upset climate
activists by declaring that the man-made climate change narrative
is a“hoax” perpetrated by the elite“to depopulate the
Dr. Clauser has now made his opposition to climate alarmism
official by signing the WCD.
Slaynews reports: The World Climate Declaration warns that
climate science“should be less political, while climate policies
should be more scientific.”
“Scientists should openly address uncertainties and
exaggerations in their predictions of global warming, while
politicians should dispassionately count the real costs as well as
the imagined benefits of their policy measures,” the declaration
The declaration was organized by Climate Intelligence.
One of the lead authors of the declaration, atmospheric
physicist Richard Lindzen, has called the current climate narrative
However, relentless propaganda from grant-dependent academics
and agenda-driven corporate media journalists has generated a
widely accepted narrative that the science is“settled.”
“We should free ourselves from the naïve belief in immature
climate models,” the WCD states.
“In the future, climate research must give significantly more
emphasis to empirical science.”
Clauser is the second Nobel physics laureate to sign the
1,609 scientists and professionals, including over 300 academics
at professorial levels, have signed the WCD.
This comes as Democrat President Joe Biden is reportedly“close”
to signing an executive order to declare a“climate emergency” in
America, as Slay News reported move would grant Biden sweeping
new powers to enforce lockdowns and other tyrannical measures in
order to“save the planet” from“global warming,” a public policy
think tank is warning.
According to the Heartland Institute,“the signs are there” that
Biden will declare a“climate emergency” that would see“gas
rationing, restrictions on electricity use, and limits on air
The move would also place limits on meat and dairy consumption
in order to meet the“Net Zero” goals of the globalist green
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Arvig techs earn Apple certification
Arvig announces the recent Apple Certification of Eric Miller and Tim Wiley. Both have completed Apple's comprehensive training and are now Apple Certified Macintosh Technicians.
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(MENAFN- Bangladesh Monitor)
Abu Dhabi: Abu Dhabi International Airport expects to achieve double-digit growth in passenger numbers at the end of its first year of operations at the newly opened Terminal A, according to Elena Sorlini, Managing Director and Interim Chief Executive Officer.
With a robust Q4 and exceptional winter season performance, the airport aims to conclude the year with 22 million passengers - a significant increase from last year's 15.9 million. Terminal A, operational since November 1, elevates the hub's passenger capacity to 45 million annually.
Moreover, senior airport executives are also exploring additional expansion areas within the airport – including a 'satellite' facility - and updating the airport masterplan for future development.
Regarding passenger numbers, the airport has already achieved 20 per cent growth this winter season.“Just to give you a hint of where we are right now, our winter season this year exhibits a 20 per cent growth compared to what we were experiencing at our older terminal during the summer,” Elena told during a media tour of the airport's new Terminal A.
“We are going to communicate our October performance soon, and year-to-date, we are going 50 per cent on top of what was there last year. Fifty per cent is humongous growth on the back of the recovery after the pandemic,” said Elena.
Abu Dhabi International Airport's - to be renamed Zayed International Airport in February - traffic jumped 29.3 per cent annually in the third quarter of 2023. About six million passengers had used the airport from July to September.
Despite the ongoing geopolitical situation, Elena expressed confidence in the airport's performance, stating,“At this stage, it doesn't appear that we have been significantly impacted,” said Elena.
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Moscow, May 28 (IANS) Russian President Vladimir Putin said that his country supports the initiative to extend an interim free trade agreement between the Eurasian Economic Union (EAEU) and Iran until a new deal is reached.
Negotiations are actively underway on a full-fledged free trade agreement between the EAEU and Iran to replace the current temporary pact of 2018, Putin said on Friday during an online meeting of the Supreme Eurasian Economic Council, the economic block's highest governing body.
Due to the current agreement, the EAEU-Iran trade turnover increased by 73.5 per cent to $5 billion in 2021, Xinhua news agency quoted the Russian leader as saying.
'Despite the confrontation unleashed by the so-called collective West, it is quite obvious to all of us that many foreign partners have shown growing interest in the activities of the EAEU.'
He said that Russia considers it appropriate to intensify the negotiations on a free trade agreement with Egypt, start similar talks with Indonesia, and study the possibility of a preferential trade agreement with the United Arab Emirates.
Established in 2015, the EAEU is a regional bloc consisting of Russia, Kazakhstan, Kyrgyzstan, Belarus and Armenia, which seeks to optimise the flow of goods and services among its members.
Friday's meeting was also attended by Armenian Prime Minister Nikol Pashinyan, Belarusian President Alexander Lukashenko, Kazakh President Kassym-Jomart Tokayev, Kyrgyz President Sadyr Japarov, and Uzbek President Shavkat Mirziyoyev via video link.
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(MENAFN – AzerNews) By trend
A meeting of Turkish and local companies from the Pirallahi High Tech Park in Azerbaijan under the auspices of the Azerbaijani Innovation Agency was held, Trend reports quoting the agency.
During the meeting, Turkish entrepreneurs expressed their satisfaction with the favorable business environment in Azerbaijan.
The meeting was attended by the chairman of the board of directors of the innovation agency Tural Karimli, coordinator of the innovation and entrepreneurship center of Barama, Kamal Aghayev, members of the delegation of the Ministry of Industry and Technology from Turkey and local and Turkish entrepreneurs working in the park.
The participants noted the tax and customs benefits received by Turkish residents in the country over the past ten years.
Kamal Aghayev spoke about the development and support programs for startups, as well as the projects implemented with the mediation of local and foreign experts.
He showcased six of the most successful startups created by Barama alumni for 2020-2021.
Aghayev also presented projects on smart city technologies, finance, environment, defense industry, education and social entrepreneurship.
The presentations of Azerbaijani startups aroused great interest from the Turkish side.
At the end of this meeting, an agreement was reached on the creation of incubation and innovation centers to support the access of start-ups to regional markets.
Follow us on Twitter @AzerNewsAz
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Canadian ETF Inflows Totalled $2.3 Billion In July, A Nine-Month Low
Canadian exchange traded fund (ETF) inflows fell to a nine-month low of $2.3 billion in July.The reason for the decline was that a BlackRock bond fund suffered a large withdrawal by an institutional investor, according to National Bank of Canada.Fixed-income ETFs saw $143 million of outflows in July, primarily because of a $1 billion outflow from the iShares Global Government Bond fund. The fund had gathered significant assets last year after BlackRock cut the fee to 0.2%.Equity ETFs in Canada generated $1.9 billion of inflows in July, with international funds posting a $907 million advance.While July’s inflows were the lowest since October 2020, Canada’s ETF industry is on pace for a record year in 2021, having brought in $32 billion so far this year. Bitcoin, equities, short-term bond and asset-allocation portfolios have been popular among Canadian investors this year.Equities have dominated Canadian portfolios, accounting for more than 50% of the year’s inflows. Cash alternative, emerging market equities and gold equities have each experienced withdrawals through the first seven months of 2021. After suffering outflows for the last 14 months, low-volatility ETFs brought in $71 million in July, helped by an improved performance that has kept pace with market benchmarks.A total of 22 new ETFs were introduced in Canada during July, most of them focused on environmental, social and corporate governance (ESG).
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Annual Swiss working hours have dropped by the equivalent of nearly 14 days over the past decade. Keystone / Laurent Gillieron
Hours worked in Switzerland dropped by 3.4% in 2020 due to the impact of Covid-19. This was a particularly sharp fall, but average working hours have been decreasing steadily over the past ten years, according to the Federal Statistical Office (FSO).
This content was published on November 19, 2021 - 12:50 November 19, 2021 - 12:50 RTS/jc
Suíços trabalham menos do que há dez anos
In 2020, an employed person worked an average of 1,495 hours, which is 7.2% less than ten years ago, the FSO said on Thursday. This represents nearly 14 fewer days of full-time work than in 2010.
The impact of the Covid crisis on the labour market was considerable, noted the FSO. Hours worked dropped 3.4% between 2019 and 2020, mainly due to short-time working and restrictions on self-employed people. The hotel and restaurant sector experienced the biggest drop: 22.2%.
Between 2010 and 2019, annual working time per employed person fell by 3.9%, or 7.4 working days, says the FSO. This was due to more part-time work and holidays, an increase in certain types of absence and a drop in overtime, it explained. Over the last ten years, the number of weeks of contractual holiday for full-time employees has increased from 5.0 to 5.2 weeks per year. More pressure?
“On the whole, we should all be happy to work less and spend more time with our families. But I have the impression that these figures do not tell the whole story,” Beatriz Rosende of the public service trade union told Swiss broadcaster RTS.“At the same time, there is an intensification of work. This means that we are working faster and that we have to be more productive at work than we were ten years ago. Many workers decide to reduce their activity rate because full-time work has become unbearable.”
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(MENAFN- Jordan Times) AMMAN - Jordan experienced a stark contrast this year as some trade sector representatives reported weak sales on Black Friday, according to trade sector representatives.
The relentless aggression on Gaza has cast a dark shadow over the Jordanian market, with consumers opting to abstain from shopping. Despite the hesitancy among retailers to embrace the term "Black Friday”, the economic conditions fuelled by the ongoing conflict have left businesses grappling with unprecedented challenges.
In the face of prevailing political challenges, retailers had hoped that the allure of Black Friday discounts would stimulate consumer interest. However, a significant number of establishments continued to resist labelling the sales as "Black Friday". This symbolic resistance stemmed from a belief that participating in an event linked to consumerism contradicted the need to raise awareness about the ongoing strife in Gaza.
Rebhi Allan, jewelry shops owners' association president, expressed deep concern over the“weak” sales during what is traditionally a bustling retail season, particularly for diamonds and precious metals.
"The continuous turmoil in Gaza has undoubtedly affected consumer confidence, leading to a significant decline in jewelry sales,” Allan told The Jordan Times.
Allan added that people are hesitant to indulge in luxury purchases when the region is grappling with such distressing events.
“Black Friday coincided with the first day of the truce, and sales were very close to last year's,” Sharaf Hayajneh, furniture sector representative at the Amman Chamber of Commerce (ACC) told The Jordan Times.
"The furniture sector experienced a notable upturn last weekend; people were excited over the truce and discount sales,” said Hayajneh.
The uncertainty surrounding the war on Gaza and its implications on the overall economy have led consumers to postpone big-ticket purchases. The timing of the truce served the commerce sector“big time”, said Hayajneh.
Economist Khaled Salameh told The Jordan Times that the web of challenges faced by the retail sector in Jordan underscores the broader impact of geopolitical events on local economies.
The cumulative effect of diminished consumer confidence, economic uncertainty, and a conscious effort to avoid the term "Black Friday" resulted in a subdued shopping atmosphere throughout the country, said Salameh.
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(MENAFN- Kuwait News Agency (KUNA)) By Yousef Al-Tattan
KUWAIT, April 4 (KUNA) -- Foreign media delegation visiting the country to observe the proceedings of the 2024 National Assembly elections, hailed the transparency and high-level organization of the process.
A number of visiting journalists spoke to Kuwait News Agency (KUNA) on sidelines of their tour at the polling centers, saying they are glad for the chance to speak to committee chiefs and have their queries answered.
Associate Editor and Chief of Bureau of Indian daily newspaper, Deepika, George Kallivayalil commented on the parliament's hefty weight in the decision making process, adding that representation of all segments of society reflects the sturdiness of the democratic system.
Kallivayalil indicated that political stability is integral to overall stability of any country, as it positively influences growth and development of society and all its sectors.
He took note of the depth of Kuwaiti-Indian relations, wished Kuwait all prosperity and stability as it will, without doubt, enrich such relations.
Senior reporter for Kompas Gramedia, Iwan Santosa, called the intellectual exchange between the Kuwaiti legislative and executive authorities, a manifestation of democracy and all that it could achieve despite hardships and obstacles.
Santosa, who is on his first visit to the country, explained that not one system could be applicable to all, as each society has its own unique methods and mechanisms in addressing issues and overcoming challenges.
The Indonesian reporter was impressed with the transparency of the Kuwaiti electoral process, lauded the chance presented to foreign media outlets to bear witness to the Kuwaiti democratic experience.
Researcher Clemens Chay at the National University of Singapore pointed out the unique nature of Kuwait's democratic system in the region.
Dr. Chay, whose PhD thesis was on Kuwaiti diwaniyas, said that he felt the tangible desire for change and cooperation between the two authorities.
He stated that His Highness the Amir's Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah directness, flanked by His Highness the Prime Minister Sheikh Mohammad Sabah Al-Salem's economic expertise along with the newly elected legislators, would usher Kuwait into a new phase of great achievements and in-depth reforms. (end)
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Elderly women are more likely to fall into the poverty trap in Switzerland. Christof Schuerpf
Every seventh person over the age of 65 in Switzerland does not have enough money make ends meet, according to a study on the financial health of the elderly.
This content was published on October 2, 2022 - 13:08 October 2, 2022 - 13:08 swissinfo.ch/mga
Some 46,000 Swiss pensioners have already fallen into the poverty trap and a further 295,000 are in danger of joining them, the study reveals. The official poverty line is drawn at CHF2,279 ($2,300) per month to pay for rent, health insurance, clothes and food.
“Every fifth older person in Switzerland is acutely at risk of poverty or already poor,” Alexander Widmer, of the Pro Senectute organisation that champions the rights of the elderly, told the SonntagsZeitung.
Widmer added that the stigma of asking for help in wealthy Switzerland is making the poverty problem worse because some people are ashamed to ask for help.
The elderly finances study was carried out by Pro Senectute with the Zurich University of Applied Sciences and the University of Geneva.
It found levels of poverty to be widely diverse according to each canton. But poverty is more prevalent among elderly women, people with a migrant background and in rural areas.
“We expect poverty in old age to increase. We are living longer, part-time work is in vogue, and now prices are rising too,” said Widmer.
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Jordan- King Receives Phone Call from Palestinian President
(MENAFN- Alghad Newspaper) id="eng_adv_image" src="../file.php?fileid=612312&width=658&height=400" width="658" height="400" title="His Majesty King Abdullah II on the phone - (Archives)" />His Majesty King Abdullah II on the phone - (Archives) ‹› › Related King Receives Call from Hamas Politburo Chief King Receives Message from Cote d'Ivoire President King Receives Texas Arlington President King Receives Former Finnish President King Meets Palestinian President King Receives Lebanese President, Holds Summit King, Palestinian President Discuss Peace Efforts King Receives Medal from Arab RCS King, Palestinian President Hold Talks in Amman King, Palestinian President Hold Talks on Peace Process Sudanese President 'Bashir' Receives King's Invitation to... King Receives Egyptian President's Invitation to Visit... Premier delivers letter from King to Yemeni president King Receives Kazakh President Nazarbayev Prize 'on Behalf... King Returns Home from Poland, After Talks with Polish... King Receives "Expedia Group" President Qatar Crisis: Saudi Arabia Angered after Emir's Phone... Trump, Mexican President Speak by Phone amid Wall Dispute You Call That Autonomy, Mr 'President'? Activists Amass at Palestinian Embassy, Call to End... King Discusses Jerusalem Situation via phone with Israeli PM Palestinian Call for Action against Israel's Threat to... Jordan Invites Palestinian President to Attend Arab Summit King Receives WCC Delegation King Receives Brazilian FM His Majesty Receives Letter from Nahed Hattar's Family King Meets Austrian President King Condoles Cuban President King Receives UNRWA Commissioner General King Receives Bahrain Interior Minister
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(MENAFN- IANS) Jaipur, May 28 (IANS) Rajasthan Police have arrested a 24-year-old man, believed to be suffering from hydrophobia, who allegedly killed an elderly woman and consumed her flesh.
While the accused has been admitted to a hospital for further diagnosis and treatment, police have registered a case against him under Section 302, officials said on Sunday.
Police officials said that as per eyewitnesses, Shanti Devi (65) was grazing cattle when the accused, Surendra Thakur, allegedly attacked her with a stone, resulting in her death.
The incident was reported in Saradhana village, under Sendra police station under Pali district, on Friday.
Jaitaran deputy Superintendent of Police Sukhram Bishnoi said that the accused had been taken to hospital as he was behaving like a mentally sick patient.
"We admitted him to the hospital. Even in the hospital, he created a ruckus, after which he was tied up by the nursing staff on a bed," he added.
Officials said that the accused arrived in Sendra from Mumbai on a bus, as it was verified through a bus ticket found in his possession.
Even doctors at Bangar Hospital, said, "Thakur, a Mumbai resident, has been diagnosed with hydrophobia. This is a disease in which patient faces fear of water which results from an advanced stage of rabies infection. There are chances that Thakur was bitten by a rabies dog in the past and he did not get appropriate treatment.
Meanwhile, son of the deceased, Biren Kathat, filed a police complaint, and accused Thakur of murdering his mother and consuming her flesh. The police have booked Thakur under Section 302 of the Indian Penal Code for murder and have also charged him with cannibalism.
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(MENAFN- Baystreet.ca) Gold Prices Bounce Amid Debt Ceiling Talk
Gold prices edged up from two-month lows on Friday, helped by a dip in the U.S. dollar as traders assessed the progress of U.S. debt ceiling negotiations and the Federal Reserve's rate hike path.
Spot gold rose 0.7% to $1,953.49 U.S. per ounce, while U.S. gold futures gained 0.5% to $1,952.80.
Bullion earlier slipped to its lowest since March 22 at $1,936.59 and is down 1.2% so far this week, on course for a third straight weekly fall. The dollar eased but remained on track for a third straight weekly gain.
U.S. President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal, a U.S. official told Reuters.
The U.S. personal consumption expenditure data, often referred to as the Federal Reserve's favored inflation gauge, increased 0.4% month over month in April, higher than the 0.3% Dow Jones estimate. The reading potentially reinforces chances that interest rats could stay higher for longer.
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(MENAFN- The Peninsula) Ayeni Olusegun |
Doha, Qatar: After receiving the National Information Assurance Certification (NIA) from the National Cyber Security Agency (NCSA), Microsoft Qatar General Manager Lana Khalaf has disclosed that the credential buttresses Microsoft's commitment to Qatar.
In a statement to The Peninsula, Khalaf said Microsoft is proud that its cloud datacentre in Qatar has achieved the National Information Assurance Certification from NCSA.
“This certification confirms that Microsoft's cloud services are compliant with Qatar's national privacy laws and regulations. It also reflects our continuous efforts and investments to provide organisations in Qatar, especially in regulated industries, with the most compliant and trusted cloud solutions,” Khalaf said.
Last year, Microsoft became the first global cloud provider in Qatar to receive the NIA Certification. The feat confirmed Microsoft cloud's compliance with the Information Security Management System (ISMS) standards, supporting the adoption of a secure cloud and accelerating the country's digital transformation agenda.
To support growing local businesses, Microsoft and its partner ecosystem will spend about $1bn in the datacentre region for services and products in local economies.“Microsoft Cloud stands as the most trusted, comprehensive, and integrated cloud in the world, with over 100 global compliance offerings and certifications,” Khalaf added.
“And we are committed to continually raising the bar in ensuring the security and compliance of our cloud services,” Khalaf added.
In 2022, Microsoft launched its datacentre region alongside Azure and Microsoft 365, giving organisations access to hundreds of scalable, highly available and resilient cloud services from Qatar. An International Data Corporation (IDC) report stated that over the next four years after its launch, Microsoft, its ecosystem, and cloud customers could generate approximately $18bn in new revenue and add over 35,000 direct and indirect jobs to the Qatar economy.
Microsoft, its ecosystem, and IT departments in customer companies will add 8,100 new skilled IT jobs into the economy over the same period. The extent to which appropriate skills are available is critical to the local economy capitalising on this employment opportunity.
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Scotty Allison: Some veterans to see payment change starting Friday
There have recently been several articles in the paper discussing the need for a veterans home here in Bemidji and more importantly in our part of beautiful Northwest Minnesota.
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(MENAFN- Kuwait News Agency (KUNA)) KUWAIT, Nov 24 (KUNA) -- The Public Authority of the Disabled (PADA), in partnership with Integrated Care Association for Special Needs and Down Syndrome Mothers' Association, inaugurated Thursday the sports day event for the mentally disabled entitled, 'You are in our hearts,' under the patronage of Minister of Social Affairs and Community Development and State Minister for Women and Childhood Affairs May Al-Baghly, head of the supreme council for disability affairs.
Deputy Director General of the Medical, Psychological and Social Services Sector at PADA Amer Al-Anzi confirmed to KUNA on the sidelines of the event that the authority is striving to support and encourage all kinds of disabilities in various fields, especially with regard to sports due to the physical and health benefits it has.
PADA is keen to cooperate and participate with public benefit organizations and relevant authorities concerned with the service, care and rehabilitation of disabled people, he clarified, revealing that the authority will hold a major sports and media event on the occasion of the International Day of Persons with Disabilities this December.
In a similar statement to KUNA, Director General of Integrated Care Association for Special Needs Meshal Shaman said that the positive effects of sport on the mental health of people with various disabilities facilitate the process of rehabilitation treatment on public health, especially by improving and developing their skills.
The recreational treatment for the disabled, which is what distinguishes the institution, is completely different from other treatments, which is a treatment that helps the disabled to cope with the lost abilities and adapt, he mentioned, pointing out that the sporting activities contribute to the social integration of these groups with their varying conditions and mental capabilities.
The activity of this sports day includes several recreational and motor competitions that help them overcome the difficulty of communicating with others and break their fear barrier, he explained, indicating that it develops sports skills and reveals their strengths. (end)
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PSG terminates contract of head coach Pochettino’s
(MENAFN) The Ligue 1 team declared on Tuesday that Paris Saint-Germain ended the contract of the manager Mauricio Pochettino after spending 18 months as the head couch.
PSG stated in an announcement that "Paris Saint-Germain confirm that Mauricio Pochettino has ended his role at the club."
The club also stated that "The Argentine coach and his team joined the club in January 2021. A former captain of the Rouge & Bleus, Pochettino took charge of 84 competitive games."
Pochettino started his coaching career at Espanyol 13 years ago before becoming Southampton manager.
He was titled as the head couch of Tottenham Hotspur in 8 years ago, taking the English Premier League team to get to the 2019 UEFA Champions League final.
The Argentinian who is 50 years old helped the Parisians to achieve a French Ligue 1 title, a French Super Cup, as well as a French Cup.
The Ligue 1 side showed gratitude to Pochettino and his team for their work and desired them the best for the future.
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(MENAFN) In a historic milestone, the value of Bitcoin, the leading cryptocurrency by market capitalization, surged to a record high of USD1.35 trillion before experiencing a slight decline. This surge coincided with Bitcoin's price reaching USD67.5 thousand, edging closer to its previous peak of around USD69 thousand seen in November 2021. Currently, Bitcoin is trading at USD66.5 thousand, marking a notable 3.8 percent increase. Over the past week, cryptocurrency prices overall have surged by more than 20 percent, showcasing the resilience and momentum of the digital asset market. Notably, Bitcoin had experienced lows of USD19.6 thousand over the past year, making this recent surge even more remarkable.
The meteoric rise in Bitcoin's value has had a ripple effect across the cryptocurrency landscape, significantly impacting the prices of other digital assets. For instance, Shiba Inu (SHIB) has seen an astonishing 280 percent surge in value over the past week, while Dogecoin (DOGE) has witnessed a more than 100 percent increase. This interconnectedness underscores Bitcoin's influential position in the broader cryptocurrency ecosystem, where its movements often dictate market sentiment and direction.
Looking ahead, investors and enthusiasts are eagerly anticipating an important event known as the "Bitcoin halving," scheduled for April. This event occurs approximately every four years and involves halving the mining reward, effectively reducing the rate at which new Bitcoin is created. Many investors speculate that this reduction in supply could further drive up the value of Bitcoin as scarcity becomes a more prominent factor in its valuation. The anticipation surrounding the halving event adds an additional layer of excitement and speculation to an already dynamic cryptocurrency market, highlighting the ongoing evolution and maturation of digital assets as a viable investment class.
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(MENAFN- Arab Times) KUWAIT CITY, June 19: In a humanitarian gesture the Director-General of the Directorate-General of Civil Aviation (DGCA), Eng. Yousef Al-Fawzan has taken steps to put an end to the 'agony' of domestic workers who remain for long hours and even days and months at the airport after arriving in the country, reports Al-Qabas daily.
He added, a window has been opened at the Kuwait International Airport to take care of these workers, and at the same time the sponsors or domestic labor offices will be punished (in the form of monetary fines) if the domestic workers are 'abandoned' at the airport for more than 8 hours. He added, the sponsors or domestic labor offices are under obligation to receive the workers the moment they arrive at the airport and provide them adequate housing, food and other amenities.
Al-Fawzan added, domestic workers who are abandoned at the airport for long hours, days or in some cases even more than a month will be provided suitable food and accommodation through a contracting company. This decision has been taken due to repeated incidents of neglect on the part of the sponsors and domestic workers' offices.
The official stressed the DGCA will float a tender to hire the company to provide the best services suitable for domestic workers. He went on to say, the 'Kuwait International Airport is not a hotel and this phenomenon must end through appropriate organization and satisfactory services to all parties.
By Meshal Al-Sanousi Al-Seyassah Staff and Agencies
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(MENAFN- Khaleej Times) Sun 28 Nov 2021, 9:47 AM
Last updated: Sun 28 Nov 2021, 11:32 AM
The UAE government on Saturday announced a number of legislative reforms, including legalising digital signatures as part of the Law of Electronic Transactions and Trust Services amendment.
The law gives digital signatures the same weight as a handwritten signature, a step that obliviates the need for a personal presence in order to seal transactions and support the globally-based completion of government transactions such as contracts and agreements using a digital signature.
However, the country where the transaction originates should also have adopted sophisticated authentication mechanisms and trust services similar to the UAE standards.
The Law of Electronic Transactions and Trust Services facilitates a wide range of civil and commercial transactions, including marriage, personal status, notary and real estate services such as renting, buying, selling and amending contracts.
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The raft of new laws and legislative amendments came during the“Year of the 50th” and are intended to keep pace with the developmental achievements of the UAE and reflect the country's future aspirations.
Bal Krishen, chairman and CEO, Century Financial, said any company doing business is always looking forward to operating in an environment with a modern legal structure.
“The new reforms enacted at the federal level adopts the best global practices. Additionally, they also take into account the technological transformation that has taken place in the aftermath of the pandemic. For example, the digital signatures have been legalised,” he said.
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(MENAFN- Khaleej Times) Published: Sun 28 May 2023, 7:08 PM
A Dubai Police officer conquered the highest peak in North Africa and the Arab world.
Ahmed Khalifa Al Muzaina was able to climb the highest peak of the Toubkal Mountain in Morocco, in the Atlas mountain range. It is the seventh highest peak in Africa and the highest in the Atlas Mountains range with a height of 4,167 metres.
Al Muzaina credited his successful climb of Toubkal Mountain to the support, encouragement, and promotion of physical readiness by the Dubai Police. He expressed his appreciation and satisfaction in overcoming all the challenges and completing the mammoth mountain climb in 22 hours.
He indicated that the journey included several difficulties, such as low temperature, oxygen deficiency at the top of the mountain, and low air pressure. However, he overcame these challenges thanks to his physical readiness, pre-preparation, and the practice of hiking to enhance his physical abilities.
“Hiking is a sport that requires high physical fitness, which satisfies the desire for adventure,” Al Muzaina said.
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Erdogan: Russian, Ukrainian leaders hold key to ending Ukraine conflict
(MENAFN) Turkish Leader Recep Tayyip Erdogan has expressed that solely the Presidents of Russia as well as Ukraine possess the authority to decide when the conflict in Ukraine will reach its conclusion. During an interview with the American public broadcaster Public Broadcasting Service (PBS), President Erdogan underscored his inability to offer a specific timeframe for the war's resolution.
"It's impossible for me to give you a calendar about when this war will end or how long it will go," he stated. "Only the leaders of both parties will be able to tell you."
He was mentioning the leaders of Russia, Vladimir Putin, and Ukraine, Volodymyr Zelenskyy.
When questioned about his talks with Putin concerning the war's development, President Erdogan acknowledged that the conflict is anticipated to endure for an extended period.
"And for the war to end as soon as possible, we would like to be very hopeful. And Mr. Putin is actually on the side of ending this war as soon as possible," Erdogan claimed.
The leader additionally stated that Russia is as reliable as the West.
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UAE- Emirates to resume Baghdad flights on Sept 17
(MENAFN- Khaleej Times)Emirates on Tuesday said it will resume passenger flights to Baghdad from September 17 as the security situation improves in Iraq.
The airline will operate with four weekly flights to Baghdad served by an A330-200 aircraft in a three-class configuration. The airline suspended operations in January. "After conducting an exhaustive safety and security review we have decided to restart services between Dubai and Baghdad. Commercial air transport has been one of the cornerstones of economic development for Iraq and we want to continue to support the development of economic opportunities in Baghdad" Shaikh Majid Al Mualla divisional senior vice-president for commercial operations - centre at Emirates said. "Iraq represents a flight risk but resuming services to the capital Baghdad by Emirates after many months brings back much needed confidence for passengers and businesses" Saj Ahmad chief analyst at London-based StrategicAero Research toldKhaleej Times. Emirates suspended flights to Iraq eight months ago after bullets hit an aircraft operated by budget carrier flydubai as it was landing at Baghdad airport. At least seven airlines suspended flights to Baghdad after the shooting but while most resumed operations within days Emirates did not. Emirates resuming services leaves Etihad Airways as the only carrier still not flying to Baghdad. - With inputs from Reuters
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 29. The Government of
Kazakhstan under the leadership of Prime Minister Alikhan Smailov
has resigned before the elected Majilis (lower house) of
parliament, trend reports via Kazakh media.
According to the media, the election of the lower house MPs was
held on March 19, 2023, and most of the seats were taken by
'Amanat', the largest party in the country. The MPs of the new
convocation have gathered for the first meeting.
The media explained that according to the Constitution of
Kazakhstan, the government resigns its powers before the newly
"In connection with the resignation of the Government of the
Republic of Kazakhstan before the newly elected Majilis of the
Parliament of the Republic of Kazakhstan, I decree the Government
of the Republic of Kazakhstan to fulfill its duties until the
approval of the new composition of the government," the text of the
decree of President Kassym-Jomart Tokayev, published by his press
Now Tokayev must submit a new candidacy for the head of
government for consideration by the MPs. After approval by the
parliament, he will appoint the new candidate as prime
However, speaking at the first meeting of the new parliament,
Tokayev suggested the 'Amanat' Party nominate a candidate for the
post of prime minister.
"Thus, this party will assume political responsibility, which
once again confirms the 'strong president - influential parliament
- accountable government' formula, he said.
Smailov became Kazakhstan's prime minister in January 2022,
succeeding Askar Mamin amid mass unrest, which, according to the
official version, was a cover for a coup attempt.
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Help needed in unsolved ’06 homicide
STEPHENSON— A homicide that occurred seven years ago at 427 Stephenson Road in Frederick County remains unsolved, and authorities are appealing to the public for help in the case.
The victim, Monte…
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(MENAFN- UkrinForm) Minister of Foreign Affairs of Ukraine Dmytro Kuleba and Minister of Foreign Affairs of Turkey Mevlüt Çavuşoğlu discussed the preparation of the 10th meeting of the High-Level Strategic Council, security in the Black Sea, military-technical cooperation, free trade agreement, and tourism.
“The main topic of our talks today is the preparation of the 10th meeting of the High-Level Strategic Council, chaired by presidents Zelensky and Erdoğan. The meeting will take place at the beginning of next year,” Kuleba said at a briefing following the talks with his Turkish counterpart, an Ukrinform correspondent reports.
Ukraine–Turkey strategic partnership today is at the peak of its development over the past 30 years, the minister stressed.
The security in the Black Sea region was also touched upon.
"We share the view on the need to ensure balance, the balance of security and the balance of interest, in the Black Sea. The Black Sea should not be a space for aggressive action by any country. To achieve this goal, Ukraine and Turkey will work closely together," Kuleba noted.
The foreign ministers also discussed the development of military-technical cooperation, in particular the production of Bayraktar drones in Ukraine.
"Turkey is interested in the capabilities of the Ukrainian Antonov Design Bureau. The efficiency of our aircraft was clearly demonstrated during the recent fires in Turkey. We discussed the issues of energy security, in particular in the context of gas," Kuleba said.
He noted that a record 2 million Ukrainian tourists were expected to visit Turkey by the end of this year.
"Ukraine wants Turkish citizens to visit our country more often, not only Kyiv and Odesa but also Lviv and other cities. We will also work on this," the minister said.
The chief Ukrainian diplomat also pointed out the common conviction to make every effort to sign the free trade agreement as soon as possible. According to him, the parties agreed on concrete steps that would speed up consultations between the ministries of economy of Ukraine and Turkey.
As reported, the 9th meeting of Ukraine–Turkey joint strategic planning group is held in Lviv, in which Minister of Foreign Affairs of Mevlüt Çavuşoğlu is taking part at Kuleba's invitation.
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Pony healing after surgery
WINCHESTER — A neglected pony that opened hearts and wallets is “doing great” after receiving lifesaving surgery, says foster owner Erin Brogan.
Earlier this year, area residents responded to a plea…
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(MENAFN- Jordan Times)
AMMAN — Members of Jordanian chambers of trade and industry on Wednesday met with a delegation from the Chamber of Commerce and Industry of Hebron and discussed means to bolster cooperation, specifically increasing the volume of trade exchange between both countries.
Deputy Chairman of the Jordan Chamber of Commerce Jamal Rifai said that the Palestinian economy has“transformed its challenges into opportunities and success stories”, emphasising the Palestinian industry's ability to compete in and access new markets, the Jordan News Agency, Petra, reported.
Highlighting the chamber's efforts to increase Palestinian-Jordanian cooperation and remove any obstacles, Rifai said that liaison officers will be assigned to receive complaints and updates submitted by any Palestinian investors.
Deputy Chairman of the Jordan Chamber of Industry Mohammed Jitan said that the volume of trade exchange between the two countries grew by 60 per cent during the first five months of 2022, reaching a value of JD100 million, compared with the same period last year.
Chairman of the Chamber of Commerce and Industry of Hebron Abdo Idris expressed his appreciation for the Jordanian chambers of industry and commerce in their support of Palestinian industry, and notably its reactivation of the signed agreements.
The volume of national exports to Palestine during the first five months of 2022 amounted to about $109 million, showing an increase of about 74 per cent, compared with same period in 2021. The volume of imports from Palestine reached about $31 million, marking an increase of about 23 per cent.
According to the figures of the Jordan Chamber of Industry, untapped export opportunities to Palestine are estimated at $60 million in the food and livestock industries. Untapped Palestinian export opportunities to Jordan are estimated at approximately $15 million, Petra reported.
Also on Wednesday, President of the Amman Chamber of Commerce (ACC) Khalil Hajj-Tawfiq met with the delegation and stressed the ACC's readiness to serve the Palestinian economy, Petra added.
Hajj-Tawfiq also announced the opening of a liaison office for the Hebron chamber at the ACC as of Thursday to follow up on any issues that concern the commercial and service sector in Hebron.
Idris said that Palestinian businesspeople are interested in benefiting from investment opportunities available in the Kingdom and enhancing commercial initiatives, praising Jordan's stances supporting the Palestinian cause and defending the rights of the Palestinian people.
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