Tropical Storm Ophelia turns into depression, prompts flash flood alerts in Virginia
(MENAFN) Tropical Storm Ophelia has undergone a transition, weakening into a tropical depression during the course of Saturday. Presently, the center of the storm's remnants is traversing across southeastern Virginia, resulting in the cancellation of all Tropical storm warnings and storm surge warnings that had previously been in effect. As the storm weakens further, winds are anticipated to subside, and any remaining heavy rainfall will disperse into a more scattered pattern.
Nevertheless, concerns persist regarding minor coastal flooding along the coastline, extending from Virginia to southern New Jersey. Coastal Flood Alerts remain active, with the impacts expected to linger into Saturday night. In particular, southeastern Virginia continues to face the risk of persistent heavy rain and the potential for flash flooding as the center of what remains of Tropical Storm Ophelia continues its passage. Flash Flood Warnings are currently in effect for the Richmond area and its vicinity.
Tropical Storm Ophelia's influence is still felt along a significant stretch of the East Coast on Saturday afternoon. It continues to bring widespread heavy rainfall and gusty winds. Despite its diminishing strength, Ophelia's slow northward movement along the coast has left it with maximum sustained winds of 35 mph.
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New Delhi: Maharashtra Health Minister said on Friday that Covid-19 cases are expected to rise in the state in the next couple of months and that the state is working on curbing the fatality rate.
“Covid-19 cases are expected to rise during July and August but we are working to ensure that the fatality rate does not go up. We are increasing the number of doctors and ICU beds in the state to meet the demand,” said Rajesh Tope.
The minister also said that the state cabinet has decided to avail the services of PG final year medical students in ICU wards.
“A resolution has been passed in the Cabinet for availing the services of PG final year medical students in ICU wards. We are procuring important anti-viral drugs and increasing their stock in each district to ensure availability,” said Tope.


Chennai, Feb 4 (IANS) Even as Tamil Nadu School Education Department has allocated Rs 184 crore for self-defence training programme for Class 6-8 girl students studying in government schools, at a rate of Rs 5,000 per month per school, the school managements claim that it was inadequate.
The self-defence training is part of the 'Atma Raksha Prashikshan Scheme' of the Central government.
A total of 6,774 middle schools and 5,519 high and higher secondary schools in the state will be given an amount of Rs 5,000 per month per school for a period of three months.
However, headmasters on condition of anonymity told IANS: 'The amount was inadequate as this amount includes the training fee of instructors, who are to be hired from outside as well as snacks to the students.'
A government school headmaster of Kancheepuram, while speaking to IANS on anonymity, said: 'The amount that is granted per school is much less. We can't pay an instructor and then allocate funds for the snacks of the students who are undergoing training. We need more funds for providing the refreshments to the students.'
The circular issued by the school education department states that a maximum of 100 students must only be present in a class.
'The students should be taught how they can use common things like key chains, dupattas of churidars, pencils, pens, and notebooks for self-defence. The training is given twice a week and women teachers are preferred,' added the circular.
The School Education Department officials will conduct periodic reviews of the training programme being conducted in schools.
Another issue that is plaguing the teachers and school management committees is the lack of time as January is already over and by March-end summer vacation commences and hence the three months time will not be available.
So, the school managements are submitting a proposal to the state government to increase the number of hours per week.
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(MENAFN- Kashmir Observer)
Shops opened at Srinagar's Aftab market on Thursday a day after sealing- KO Photo Abid Bhat
By Majid Nabi
Srinagar- The Kashmir Economic Alliance (KEA) claimed on Friday that the 'miscommunication' among officials of several departments, led to the sealing of shops at Aftab Market in city center Lal Chowk, a day earlier.
The Commissioner of the Srinagar Municipal Corporation (SMC), according to KEA, an amalgam of several trade unions, acknowledged that since 1972, shopkeepers have paid their monthly rent to the civic body well on time.
Addressing a press conference at Aftab Market, KEA chairman Mohammad Yasin Khan said since the issue has been resolved with the higher-ups of SMC and Divisional Administration; it must be ensured that no such action is repeated in the future.
He said the shops at Aftab Market are essentially commercial property of the SMC and that the shopkeepers pay monthly rent to the civic body every month.
“Basically, miscommunication among the officials of different departments led to the sealing of shops at Aftab Market, had shops been illegally occupied, authorities would not have unsealed them the very next day, mistakes do happen and officials are humans as well,” he added.
He said shops were sealed following a complaint by some individual, claiming that the shopkeepers at Aftab Market have illegally occupied his commercial property. Khan said his allegations proved baseless later following which the authorities directed them (shopkeepers) to resume business.
Khan appealed to the administration to implement the Lieutenant Governors directions that poor masses will not be touched during the ongoing eviction drive in letter and spirit.
“I appeal to the administration to spare the poor who might have constructed residential structures on the state land from the ongoing drive against encroachers; we also request the admin to let off small businessmen having suffered huge losses over the years,” he said, adding, business community is not in position to bear further losses.
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East Ridge boys hockey: Raptors edge rival Royals 4-2
The East Ridge boys hockey team closed out 2013 with a big win.
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(MENAFN) Iran is set to participate in the 2023 Special Olympics World Games in Berlin, Germany, with a delegation of 25 athletes. Ali Kashi, Iran's Chef de Mission, announced that the athletes will compete in nine different events, showcasing their skills and determination on the global stage. The team's slogan for the Special Olympics World Games is "Together We Are Invincible," highlighting the unity and strength that the athletes embody.
The Iranian athletes will partake in a range of sports, including futsal, cycling, badminton, table tennis, athletics, skateboarding, bowling, boccia, and swimming. Each athlete has trained extensively in their respective discipline, honing their abilities and preparing for the tough competition they will face at the Games. They are eager to represent their country with pride and demonstrate their talent and dedication to their chosen sports.
The Special Olympics World Games, scheduled from June 17 to 25, 2023, will witness the participation of approximately 7,000 athletes and Unified partners from around 170 countries. Berlin will serve as the host city, providing a platform for athletes with intellectual disabilities to showcase their abilities and compete at the highest level. The event aims to promote inclusion, acceptance, and respect for individuals with intellectual disabilities, celebrating their achievements and breaking down barriers.
The Iranian athletes will receive invaluable support throughout the Games. More than 3,000 coaches will guide and mentor the participants, providing them with the necessary guidance and encouragement to excel in their respective sports. Additionally, a team of 20,000 dedicated volunteers will assist in various roles, ensuring the smooth running of the event and creating a positive and inclusive environment for all participants.
The Special Olympics World Games not only offer a competitive platform for athletes with intellectual disabilities but also serve as a catalyst for social change and empowerment. The event fosters understanding, empathy, and appreciation for the abilities and achievements of individuals with intellectual disabilities, promoting a more inclusive and accepting society. Iran's participation in the Games reflects the country's commitment to supporting and empowering athletes with intellectual disabilities and promoting their rights and well-being.
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(MENAFN- Trend News Agency)
BAKU, Azerbaijan, December 6. The Baku Stock
Exchange (BSE) held an auction on the placement of the Azerbaijani
Finance Ministry's public bonds with a circulation period of 1,092
days on December 6, trend reports via the BSE.
According to the exchange, 22 investors submitted 36 bids in the
price range from 93.2 manat or $54.84 (8.46 percent) to 95.84 manat
or $56.4 (7.4 percent) during the auction.
In accordance with the ministry's decision, the cut-off price of
public bonds were set at 95.3 manat or $56.08 (7.6 percent), the
average weighted price stood at 95.45 manat or $56.17 (7.56
The total amount of bids at nominal prices amounted to 162.9
million manat ($95.86 million), while the placement volume totaled
25 million manat ($14.7 million).
The maturity date of the bonds is June 24, 2025.
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 25. Azerbaijan can
produce up to 200 gigawatts of green energy, which can provide for
the energy needs of 25 countries the size of Azerbaijan, reads an
article published by The Times of Israel.
The author notes that one of the countries best suited to
replace Russian gas and oil on the European market is
“Azerbaijan is an energy-rich country that already supplies
Israel with 40 percent of its oil needs. Azerbaijan's rich energy
resources combined with Europe's desire to diversify its supply has
led to the development of the Southern Gas Corridor, which led to
Azerbaijan already beginning to improve the energy supply in
European markets. Today, many European politicians are grateful to
Azerbaijan for assisting Europe as it faced the gravest energy
crisis in decades. This led to Azerbaijan, Georgia, Romania and
Hungary signing an agreement on strategic partnership in the field
of green energy development and transmission. In the framework of
this project, Azerbaijan will lay a power transmission line with a
capacity of 1,000 MW between Georgia and Romania, thus installing a
digital connecting cable. This project already shows how much
confidence European countries have placed in Azerbaijan,” reads the
The author points out that it is for good reason that Europe
looks to Azerbaijan to solve its energy crisis.
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(MENAFN- The Peninsula) Bloomberg
McDonald's Corp. is looking to hit 50,000 locations around the world by 2027 in what the company calls the fastest expansion spurt in its history.
The chain currently has more than 41,000 restaurants and already committed to opening an extra 2,000 by the end of this year. The new target highlights the burger giant's stepped-up ambitions as it looks for its next leg of growth.
New restaurant openings will boost systemwide sales by 2% next year and by 2.5% after 2024, McDonald's said Wednesday in a statement ahead of a presentation to investors.
Systemwide sales are those generated by all McDonald's restaurants, from company-operated to franchised locations.
The expanded footprint is part of a multiyear growth plan that includes a renewed focus on marketing, core menu offerings such as hamburgers, and digital channels including delivery, the mobile app and kiosks.
McDonald's is also looking to increase users of its loyalty program to 250 million 90-day active customers by 2027, from about 150 million currently.
It's targeting an additional $25 billion in systemwide sales from loyalty-program users over the same period, up from $20 billion today.
McDonald's expects operating margins in the mid-to-high 40% range in 2024, which is similar to the last two quarters, and continued expansion in subsequent years.
It's forecasting capital expenditures of $2.5 billion next year, and sequential increases of about $300 million to $500 million each year through 2027.
The chain has held up in the face of pressured consumer budgets in recent months, beating expectations on sales and profits in the third quarter.
Still, US customer traffic dipped for the first time this year in the period. The shares have risen 8.7% this year through Tuesday's close.
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(MENAFN- PR Newswire)
New offering to provide access to top-tier experts in the education and public health fields.
LEESBURG, Va., Aug. 4, 2022 /PRNewswire/ -- AM LLC (AM) , a public health solutions and health IT firm, announced the launch of its K-12 Contract Public Health Consulting service, designed to assist K-12 schools nationwide in need of comprehensive, accessible public health guidance and support to fill the gaps that exist at the state and local level.
'As time becomes a strained commodity and schools work to manage changing recovery dynamics and initiatives, AM Public Health Consulting mitigates these challenges by allowing them to engage directly with the top experts in the field to meet their public health obligations,' said Dan Gabriel, CEO of AM LLC. 'We now know that in order to keep students and staff safe, healthy and thriving we must attend to the complex dynamics of public health in proactive ways. We also know that the community resources that we historically relied on to manage public health can become overwhelmed in times of crisis. AM is here to fill that gap.'
AM LLC's best-in-class team of advisors and senior management are ready to provide districts with an individualized approach that supports alignment of communication, funding and guidance. Their team of experts is on-call and fully scalable based on district needs and changing circumstances. Consulting services are secured on a monthly retainer basis, with a sliding scale based on overall school or district size.
Schools and Districts interested in partnering with AM LLC to secure Contract Public Health Consulting services can learn more online or contact [email protected] o for more information.
About AM LLC
AM LLC was purpose-built to work with partners addressing large-scale public health challenges. AM LLC can design and quickly deploy tailored and scalable solutions to help your organization bridge the gap between public health needs and services particularly in the areas of Community Health, K-12 Health, Data & Research, Health Information Technology, and Healthcare Quality & Safety. Learn more at
SOURCE AM LLC
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The Silicone Pro By Pinky Goat
(MENAFNEditorial) Dubai, UAE, May 27, 2018: For the perfect application of liquids and creams, Silicone Pro blends products into the skin without the mess and half the product! The soft silicone allows for the smoothest application of day and night creams or use with concealer and foundation for an ultra-natural, longer lasting finish. The tapered end allows for easy blending under the eyes and around the nose.
Give the illusion of perfectly, smooth skin and build coverage as needed. Hygienic and easy to clean. Reusable up to one year.
APPLICATION: Apply a small amount of product to the tapered end and pat lightly across the face, blending in circular motions.
CLEANING: Wash with a mild soap and rinse with luke warm water. Pat dry and return to the case ready for the next use.
WARNING: External use only. Keep out of reach of children. Keep away from direct heat and sunlight. Replace if damaged or after one year.
Price: 48 AED
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(MENAFN- Kashmir Observer)
Srinagar- J&K Bank MD & CEO, Baldev Prakash onTuesday called upon Governor, Reserve Bank of India, Dr Shaktikanta Das in Mumbai.
He also interacted with the Deputy Governor Michael Patra during his visit to the RBI Headquarters, an official spokesperson said Wednesday.
On the occasion, Governor RBI acknowledged the Bank's systemic significance in J&K, Ladakh and urged the Bank's leadership to redouble its efforts towards meeting the economic goals of both the Union Territories. He emphasized upon being fully compliant with regulatory guidelines and above all meeting stakeholders' expectations.
Earlier, J&K Bank MD briefed the Governor about Bank's leading role and contribution in J&K and Ladakh *in particular and other parts of the country as well* towards realizing the RBI's vision of a wider, inclusive and sustainable economic growth through greater financial inclusion. He also apprised Governor about corporate governance, succession planning, growth strategy, technology upgrade, NPA recovery, raising of capital besides some recent initiatives taken by the Bank to improve its functioning.
Meanwhile in a separate meeting, Deputy Governor Dr Michael Patra appreciated the good work done by the Bank. Wishing the Bank best for its future endeavours, he also stressed upon the need to do more to continue doing business as per expectations of the regulator. During the interaction, MD & CEO informed the Deputy Governor that a culture of compliance, transparency and accountability has been instituted firmly at J&K Bank to make it one of the best financial institutions of the country in terms of organisational functioning.
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(MENAFN- KNN India)
Rolls Royce Solutions agrees for localisation of MTU S4000 marine engines in India
Kolkata, Jan 30 (KNN) Giving a push to the 'Make in India' initiative', Rolls Royce Solutions has signed a MoU with Garden Reach Shipbuilders and Engineers (GRSE) Ltd for locally producing high-quality marine diesel engines.
The German company has assented to cooperate with GRSE in the licence production and localisation of the technologically advanced MTU S4000 governmental marine engines.
These engines, with a power output of 746-4,300 KW, are compact, reliable, and easy to maintain.
They are used for fast patrol vessels, interceptor boats, and fast attack crafts built by GRSE and other shipyards around the country.
Up to now, these engines are imported, bringing down the indigenous content of these classes of vessels built at Indian shipyards.
MTU is a solution brand of Power Systems, a fully-owned subsidiary of Rolls Royce plc.
It is likely that the manufacture of these engines in India would also provide a great opportunity to local industry, particularly MSMEs involved in the manufacture of components and spares.
The pact deals with the transfer of technology related to engine assembly, painting, parts sourcing, and after-sales service for these engines that are to be assembled at GRSE's diesel engine plant in Ranchi.
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(MENAFN) For over 25 years, football tournaments have been an integral part of the special events in Egypt associated with the holy month of Ramadan. These tournaments began as casual gatherings of friends who shared a passion for the game, wanting to showcase their skills. However, over time, they have become more organized and professional, even attracting major sponsors.
The growth of Ramadan soccer competitions can be traced back to their humble beginnings in the neighborhoods of Cairo. From there, they expanded to other parts of Egypt and eventually to the Arab world. They moved from the streets to youth centers and then to major sports clubs.
According to Mohammed El-Sayed, a sports journalist with the Egyptian newspaper Akhbar El-Youm, the Ramadan football tournaments started in the streets of the capital. Players had to be self-reliant, and youths from different regions would organize their own teams and rounds within each region. There were no uniforms involved, and the team unity alone was enough.
In the past, Ramadan football tournaments were played immediately before iftar. Young people took advantage of the quiet streets during that time to hold matches, while children and young adults gathered around to watch them as a form of entertainment.
One of the best-known players who participated in Ramadan tournaments during the 1990s is Hatem Hussein, also known as Mizo. He recalls playing in the streets and how eager they were to compete against each other. The competition was strong, and they always adopted the knockout matches method - the team that eliminated all its competitors until the end of the tournament would be considered the winner.
These Ramadan football tournaments have come a long way from their humble beginnings. Today, they are major sports events that attract thousands of fans and generate significant revenue. They are a testament to the passion Egyptians have for football and the spirit of community that the holy month of Ramadan fosters.
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(MENAFN- The Peninsula) Doha: The Cultural Village Foundation Katara announced the launch of an operetta entitled 'A Folktale in Love of the Nation', as part of the activities coinciding with the start of the FIFA Arab Cup Qatar 2021, which will be held from November 30 to December 18.
The operetta includes three lyrical performances, the first urging the girls to play the rattlesnake game, the second show will be a dialogue between the grandfather and his grandchildren, in which he urges them to play popular games instead of immersing themselves in electronic games. It will be concludes with the folk song 'Taq Taq Taqiyya', while the third show includes urging children to pay attention to sports.
The performances conclude with the song 'Ya Marhaba ' to welcome the guests of Qatar from Arab countries participating in the tournament. This song was written by the poet Hussein Al Bakri and produced by musician Walid Aba Al-Qassem.The operetta is written and directed by artist Shuail Al-Kuwari, and the lyrics are by the poet Hessa Al-Awadi. A selection of children and young artists will participate in it.
It is noteworthy that the duration of the operetta is 25 minutes, as it includes a puppet theatre, as it is the most attractive to children, as well as show scenes, inspired by folk songs from the heritage. The operetta, directed by artist Shuail Al-Kuwari, will be performed each Thursday and Friday during the period from December 2 to 17.
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EU reforms Blue Card scheme to attract high-qualified non-EU nationals
(MENAFN- Kuwait News Agency (KUNA))
BRUSSELS, Sept 15 (KUNA) -- The European Parliament Wednesday adopted the reform of the EU Blue Card scheme to facilitate the employment of highly qualified non-EU nationals and help alleviate labour shortages in key sectors in Europe.
The Blue Card regulation, in place since late 2009, defines the conditions of entry and residence that non-EU country nationals and their family members must meet to take up highly qualified employment in EU member states.
However, the scheme has not attracted enough of these much-needed workers, with only 36, 806 Blue Cards issued in the EU in 2019 with Germany issuing most of them.
The reform of the Blue Card scheme was backed by the Parliament with 556 votes to 105 and 31 abstentions.
Under the revised rules, applicants will need to present a work contract or a binding job offer of a minimum of six months as well as evidence of higher qualifications or professional skills. Currently, a 12-month contract or offer is required.
Refugees will also be able to apply for an EU Blue Card in members states other than the one where they received asylum.
Holders of an EU Blue Card will be able to move to another EU member state after an initial 12-month period in the country that first granted them the Blue Card.
They will also benefit from being reunited with family members swiftly through faster reunification procedures and access to the labour market for accompanying family members. (end)
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(MENAFN- Khaleej Times) Dubai-based airline Emirates is increasing flight frequencies to a number of US destinations from October. The airline has been building up connectivity in response to growing customer demand on the back of rising travel confidence and the easing of international travel protocols. There has also been a growing interest from US travellers to visit Dubai.
Starting from October, Emirates will be operating 78 weekly flights to 12 destinations in the US with an increase in weekly flights scheduled for Boston (BOS), Dallas (DFW), New York (JFK), San Francisco (SFO), Seattle (SEA) and Washington DC (IAD) as follows:
> Boston: five weekly flights, increasing from four flights a week
> Dallas: five weekly flights, increasing from four flights a week
> New York: 19 weekly flights, increasing from 18 flights a week (including flights connecting Milan and New York)
> San Francisco : five weekly flights, increasing from four flights a week
> Seattle: five weekly flights, increasing from four flights a week
> Washington DC: five weekly flights, increasing from four flights a week
Emirates has already restored pre-Covid-19 daily flight frequencies to Chicago, Los Angeles and on the routes connecting Athens-Newark and Milan-New York.
Winter season ramp-up
The airline is planning to further supplement its capacity for the winter season in line with customer demand and travel trends. By early December, Emirates will have restored more than 90 per cent of its pre-Covid flight frequencies to the US with daily flights added to Boston, Dallas, Houston, San Francisco, Seattle and Washington DC in addition to double daily flights to New York.
Customers from the US will also have more opportunities to fly on the airline's iconic Airbus A380 aircraft from November with 35 weekly flights. Emirates' flights between Milan and New York will also be upgraded to the A380 from October 31 resulting in New York being served three times a day by the double decker aircraft. In addition to Los Angeles, New York and Washington DC, the Airbus A380 will return daily to San Francisco from December 2021. Click/tap here to subscribe to Khaleej Times news alerts on Telegram.
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(MENAFN- Kashmir Observer)
GANDERBAL- Ganderbal district has once again demonstrated its sporting prowess as its athletes brought home a total of 11 medals from the 7th South Asian Sqay Championship and Tri-Nation International 2023 held in Kathmandu, Nepal. The championship was held from February 3 to 5.
An official told the news agency KNO that eight talented athletes won gold, while three others brought home silver.
The gold medallists in the South Asian Sqay Championship include Nazia Bano, Nasir Zargar, Riyan Bin Riyaz, Saleem Shah, Sheikh Uzair, Adnan Farooq Rather, Mehak Yousuf, and Sajad Khan. Aqsa Showkat, Radifa, and Abid Ajaz won silver medals. Rameez Rehman also won a Gold medal in the Tri-National International Championship 2023.
“The district is grateful for the support provided by DC Ganderbal Shayambir Sir who sponsored two of the players, and the SSP Ganderbal who also sponsored two players,” the official said, adding that the district is dedicated to promoting sports culture and providing the best athletes to represent the district, state, and country at every level.
The media wing of Ganderbal Sqay also extended its gratitude to all those who have supported and encouraged sports culture in the district. It congratulated all the medallists for their“impressive performance”.
The total number of participants from India was 108 at the 7th South Asian Championship held in Kathmandu, Nepal. Out of these, 57 participants were from Jammu & Kashmir and 12 were from Ganderbal.
Saleem Pathan, coach of the athletes while talking to KNO expressed his joy and pride over the achievement of district Ganderbal.
“The medal wins are a testament to the talent and hard work of the athletes who represented the Union Territory,” Pathan said, adding,“With this accomplishment, Ganderbal has confirmed its position as a powerful competitor in the world of sports.”
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(MENAFN- Gulf Times) The Bangladesh embassy observed the 'National Mourning Day the 42nd death anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, with due solemnity, on Tuesday in Doha.
In the morning, the programme started with hoisting of the national flag at half-mast by ambassador Ashud Ahmed at the embassy premises in the presence of officials of the embassy and a good number of community members.
The envoy, along with embassy officials, placed floral wreaths in front of the portrait of Bangabandhu. A discussion meeting that followed, began with a minute's silence as a mark of profound respect to the memories of the Father of the Nation and the martyrs of August 15, 1975.
In the meeting, messages from the president, prime minister, foreign minister and state minister for foreign affairs of Bangladesh on the National Mourning Day were read out.
In his speech, ambassador Ahmed recalled the heroic leadership role played by Bangabandhu in the emergence of Bangladesh as an independent country. He mentioned that the 15th August is the darkest chapter in the history of Bangladesh.
'As a nation we must learn a lesson here our mourning should be turned into our strength and we should work hard to fulfill the dream of the Father of the Nation, the envoy urged.
He thanked the expatriate Bangladeshis in Qatar for their hard work and contribution to nation-building, towards fulfilling the dream of Bangabandhu and for demonstrating unity, fraternity, liberal and a moderate attitude.
At the end of day's programme, a Doa and Milad Mahfil was offered seeking the eternal peace of Bangabandhu, martyrs of August 15 and also for the continued peace and prosperity of Bangladesh. A documentary on the life and works of Bangabandhu was screened during the event.
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(MENAFN- Bangladesh Monitor)
Dhaka: Walton Digi-Tech Industries Ltd, a concern of Walton Group, launched Bangladesh's first electric bike in the market, jumping on the bandwagon of a global shift towards eco-friendly transportation.
The electronics conglomerate received approval from the Bangladesh Road Transport Authority (BRTA) on November 22 to market the electric bike under the brand name of Takyon.
Hence, it became the first company in the country to launch the two-wheelers in Bangladesh.
'Takyon-branded electric bikes have hit the market,' reports cited Liakat Ali, Deputy Managing Director, Walton Digi-Tech Industries saying. 'This bike will cost riders only 10-15 paisa per kilometre,' he added.
The bike comes in three colours -- red, blue and grey -- and is priced at BDT 127,750. Apart from Walton's showrooms, Takyon bikes can be purchased through its website.
Ali said that like conventional petrol and octane-run bikes, Walton's e-bikes can be registered with the BRTA for two or 10 years. The registration cost for electric bikes is lower than that of gasoline-operated bikes.
The electric bike has a powerful brushless DC motor with a maximum capacity of 1.5 kilowatts and it would cost BDT 10 per full charge, said Tauhidur Rahman Raad, Chief Business Officer, Walton Digi-Tech Industries Limited, according to reports.
'The bike will help riders travel up to 70km on a single charge. The maximum speed limit of the bike is 50km per hour.'
The bike has a portable charger and can be charged at the household level.
Buyers will get free aftersales service for two years from Walton's designated service points, according to the company.
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(MENAFN- The Peninsula) Bloomberg
Three mansions along Singapore's most expensive and prestigious street, Nassim Road, are on sale for a record asking price, totaling about S$239 million ($167 million), according to the Business Times.
The so-called good class bungalows are being offered for S$5,200 per square foot of land, above the S$4,291 per square foot all-time-high sale price set in 2021 by Stamped.io startup founder Tommy Ong, the report said. They are being sold by Cuscaden Peak Investments.
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Good class bungalows are the pinnacle of residential property in the city-state, often out of reach for all but the wealthiest Singaporeans and valued in part for their rarity. The three for sale were renovated in 2015, the report said.
Family offices and ultra-rich, newly minted Singapore citizens have already scheduled viewings for the properties, said William Wong, founder of the appointed agent Realstar Premier. The deadline for potential bidders to submit offers is Nov. 3.
Cuscaden Peak Investments is a wholly owned subsidiary of Cuscaden Peak Pte., a consortium led by billionaire hotelier Ong Beng Seng that owns property assets from student accommodation to nursing homes. A Cuscaden spokesperson didn't immediately reply to requests for comment from Bloomberg News.
Each of the two-storey bungalows sits on a 15,000 square-foot (1,400 square-meter) plot of land, with built-up areas of around 7,000 square feet including five bedrooms and a swimming pool.
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(MENAFN- Baystreet.ca) Techs Leap, S&P, NASDAQ Firmly in Green
The S&P 500 and NASDAQ jumped Thursday as investors cheered the latest quarterly results from Nvidia. Meanwhile, the Dow Jones Industrial Average slid after Fitch Ratings placed the United States' AAA rating on a negative rating watch.
The Dow shed 131.81 points, to 32,668.11.
The S&P 500 gained 25.43 points to 4,140.67.
The NASDAQ recovered 195.48 points, or 1.5%, to 12,679.64.
Nvidia shares surged 26% after the company posted stronger-than-expected revenue guidance for its fiscal second quarter, while also reporting beats on the top and bottom line in the previous quarter. An explosion in demand for Nvidia chips used in artificial intelligence calculations underpinned the quarterly beat.
Several analysts covering Nvidia hiked their price targets on the stock following the results. Nvidia's surge brought the chipmaker to within striking distance of a $1 trillion market capitalization.
Other semiconductor stocks followed Nvidia higher, including AMD and Taiwan Semiconductor, which rose around 9% each.
Prices for the 10-year Treasury lost ground, raising yields to 3.78% from Wednesday's 3.74%. Treasury prices and yields move in opposite directions.
Oil prices ducked $2.01 to $72.33 U.S. a barrel.
Gold prices were down $18.40 to $1,946.20 U.S. an ounce.
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(MENAFN- Brazil-Arab News Agency (ANBA))
São Paulo – Saudi Arabia has increased the import tariffs on 99 products, including a range of livestock, fish, and vegetables. Saudi newspaper Arab News reported that the measure is in line with World Trade Organization (WTO) rules and is aimed at promoting domestic industries and products.
Among the changes are tariffs on sheep and goats rising from zero to 7%. Twelve types of fish and shrimp have also seen a raise in customs duties, with a minimum of 6% and a maximum of 15% respectively. A number of vegetables including onions, cucumbers, carrots, eggplant and zucchini, now have import tariffs of 5%, up from zero.
The decision came into force on June 12, according to minister of Finance Mohammed Al-Jadaan. The announcement came just days after the Saudi government revealed that a previous round of import tariff rises, in June 2020, led to an investment increase in goods production and more jobs in the country.
The rise on 575 commodities two years ago saw rates increase from zero to 25% on some food and beverage products. Following the rise, investments in relevant factories in the country increased by 2% by the end of 2021 — reaching SAR 374 billion (USD 99.7 billion).
The Saudi government is hoping to use customs tariff increases to improve the balance of payments, increase exports, and bring the private sector's contribution to the gross domestic product (GDP) to 65%.
Translated by Guilherme Miranda
The post Saudi Arabia increased import tariffs on 99 products appeared first on Agência de Notícias Brasil-Árabe .
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Azerbaijan looks for explanation from Iran around illegal entry
(MENAFN) Baku has reached out to Iran for explanation around reports of that Iranian citizens illegally entered Azerbaijani territory, the Foreign Ministry stated on Saturday.
“Any foreign visit to the territories of the Republic of Azerbaijan must be carried out in accordance with rules established within the national legislation of the Republic of Azerbaijan, and principles of sovereignty and territorial integrity,” as stated by Aykhan Hajizada, a Foreign Ministry representatives.
His announcement came following reports that 14 Iranian peoples lately went into Azerbaijani areas home to Armenians, where Russian peacekeepers are momentarily located.
“Regarding the news about the illegal crossing of the citizens of the Islamic Republic of Iran to our territories, a corresponding note verbal was sent to the Embassy of the Islamic Republic of Iran in the Republic of Azerbaijan in order to clarify the information,” Hajizada stated in an announcement posted on the Foreign Ministry website.
Adding, “Currently, we are waiting for a response from the other side.”
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Afghanistan- Thousands Forced to Leave Homes in Helmand: UNAMA
(MENAFN- Daily Outlook Afghanistan) KABUL - The United Nations Assistance Mission in Afghanistan (UNAMA) on Wednesday said the violence unleashed in southern Helmand province this week forced thousands of civilians to leave their homes.
In a statement, the mission said initial reports suggest civilians have been killed and injured, including women and children.
'Violence only heaps further hardship and misery on ordinary Afghans and undermines efforts for progress and building bridges between parties at the historic peace talks in Doha.
UNAMA said civilians bore the brunt of Afghanistan's conflict. The number of civilians killed and injured --a key indicator of the intensity of violence-- has so far been lower in 2020, but in recent weeks a worrying reversal seems to be emerging.
The mission said civilians were routinely killed or injured in armed clashes with high casualties resulting from indirect weapons: mortars, rockets, grenades.
'These civilians, including many children, must be protected from harm. The only way to do that is to stop the violence.
UNAMA reiterated the urgency to halt violence and to focus on achieving a peaceful negotiated settlement to the Afghanistan conflict. (Pajhwok)
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(MENAFN- KNN India)
India may grow beyond 7% GDP mark in FY23: RBI Governor
New Delhi, May 24 (KNN) Reserve Bank of India's (RBI) Governor Shaktikanta Das said on Wednesday that India's gross domestic product (GDP) growth could be above 7 per cent for 2022-23.
Speaking at a CII event on Wednesday, he said there is also a possibility that GDP growth for the last financial year could be higher.
He noted that almost all high-frequency indicators monitored by the central bank showed that momentum was sustained in the final quarter of the last financial year and it would not be a surprise if India's economy grows at a rate higher than 7 per cent.
“The agricultural sector has done well and so has the services sector. Capex & infra spending by the government has picked up,” Das said.
He noted that there is evidence of a revival of private investment as well, with signs visible in the steel & cement sectors.
“Capacity utilisation in the manufacturing sector as per the RBIs latest survey, is around 75 per cent. But a CII survey shows it to be even higher,” he added.
In the current fiscal year, India should log growth close to 6.5 per cent, however, there are downside risks, he said.
The RBI expects the next print of retail inflation to be lower than 4.7 per cent.
“The war on inflation is not over; we have to remain alert,” Das said.
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(MENAFN- IANS) Mumbai, Sep 28 (IANS) Actor Sunny Kaushal announced his foray into music with his first song 'Jhandey', a hip-hop rap number.
Sunny has not just sung, but also written the song and collaborated with the music producer Bharg Kale.
Sunny chose his birthday for this new beginning as it symbolises a rebirth of sorts by exploring his long-time passion for creating music.
'Jhandey', which dropped today is now available on all leading music streaming platforms.
The song embarks a new journey for the 'Shiddat' actor, who aims to release many more unspoken words and unsung songs through his independent YouTube channel“SunSunnyKhez”.
The actor wrote: "Main karna ohi jo mainu pasand,par duniya yeh kaindi Jhandey tu gadd. Lyrical video of Jhandey is out now. Have a listen, have fun! Happy birthday to me."
On the film front, Sunny has a line up of interesting projects like 'Phir Aayi Haseen Dillruba', 'Letters to Mr Khanna' and 'Shiddat 2' in the pipeline.
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(MENAFN- GlobeNewsWire - Nasdaq) English Dutch French
Solvay reports limited share buyback in the context of it Employee Share Purchase Plan
Brussels - January 25, 2023 - 8.30 a.m. CET
In accordance with article 8:4 of the Royal Decree of April 29, 2019 implementing the Belgian Code on Companies and Associations, Solvay SA/NV (“Solvay” or the“Company”) (Euronext Brussels: SOLB) hereby discloses that today the Company acquired 1,900 shares of the Company on Euronext Brussels, for the purpose of meeting any potential delivery obligations of Solvay shares arising under the terms and conditions of its Employee Share Purchase Plan.
| Date of repurchase || Number of shares || Price paid || Total |
| Jan 23, 2023 || 1,900 || €102.6712 || €195,231 |
solvay investor relations website
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ISLAMABAD: Prime Minister Imran Khan on Tuesday directed elected representatives to play a vibrant and active role in highlighting and resolving the issues of people.
He was talking to MNAs from Multan Division who called on him at PM Office. The prime minister said that the government is introducing a local body system, in which representatives will be empowered and answerable.
He said that the government will extend possible assistance to the growers to increase per acre yield. He directed the parliamentarians to visit government hospitals to ensure that quality facilities being provided there.


Salesforce Vaults on Elliott Bid
Salesforce (NYSE:CRM) shares gained Monday following news that activist investor Elliott Management has reportedly made a multi-billion dollar investment in the software company, according to sources familiar with the matter.
News of the stake comes amid troublesome times at the company. Salesforce announced earlier this month it would slash 10% of its workforce and shutter some office space.
On the activist front, Elliott Management joins Starboard Value, which revealed an undisclosed stake in the company in October.
'Salesforce is one of the preeminent software companies in the world, and having followed the company for nearly two decades, we have developed a deep respect for [Co-Chief Executive] Marc Benioff and what he has built,' Jesse Cohn, managing partner at Elliott, told the Wall Street Journal.
'We look forward to working constructively with Salesforce to realize the value befitting a company of its stature,' Cohn also told the paper.
Last week, Salesforce reacted to the Federal Reserve raising interest rates the same as most technology companies -- its share price fell 34% over the last year. Worse, the slowing economy is only just starting to impact the company's growth outlook, with guidance for revenue in the fiscal fourth quarter disappointing investors. Consequently, the stock sank to a 52-week low on Dec. 22, and the risk of it falling below those lows again remains significant.
CRM shares jumped $3.93, or 2.6%, to begin Monday at $155.18.
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(MENAFN) In a testament to the resilience of Saudi Arabia's non-oil private sector, business activity remained robust in November, fueled by a significant surge in client orders and output. According to the Riyad Bank purchasing managers' index, the headline reading dropped slightly to 57.5 from October's 58.4, but it continues to comfortably stay above the neutral mark of 50, signifying expansion.
Despite challenges such as a rise in raw material prices that led to increased selling rates, the kingdom's non-oil private sector economy displayed noteworthy expansion. Demand remained robust, and new business inflows witnessed their most substantial increase since June. This upturn was attributed to a surge in new customers and heightened investment spending, indicating sustained economic momentum.
Riyad Bank's Chief Economist, Naif Al-Ghaith, highlighted the positive outlook, stating, “Firms anticipate a continuous increase in output, fueled by a robust inflow of new projects.”
Manufacturers, in particular, expressed high optimism for the coming 12 months, foreseeing a favorable business climate.
The wholesale and retail sectors mirrored this positive sentiment in November, aligning with the overall expansionary trend in Saudi Arabia's non-oil private sector economy. Al Ghaith emphasized the favorable implications for the kingdom's economic growth and the promising environment for businesses across various industries.
New orders and output, pivotal contributors to the headline index, experienced marked growth in November. Notably, new orders reached their highest reading in five months, reflecting a buoyant business environment. The surge in new business intake during November was attributed to improved market conditions and an increase in customer numbers.
As Saudi Arabia's non-oil private sector navigates challenges and capitalizes on growth opportunities, the article delves into the factors contributing to its resilience. By examining the positive indicators and economic outlook, the narrative sheds light on the kingdom's continued commitment to fostering a dynamic and thriving business environment.
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(MENAFN- Khaleej Times)
Published: Tue 6 Dec 2022, 6:00 AM
The Ministry of Human Resources and Emiratisation has issued a guideline to be followed to ensure a safe workplace.
In the guideline published on the social media pages of the ministry, it has given seven requirements for a safe workplace.
Halls should not be used as temporary storage areas to store raw or manufactured materials, equipment or garbage, the ministry said.
Companies must provide enough space around and between machinery, allowing workers to move freely and perform their duties.
According to the third requirement, necessary precautions must be taken to protect workers from falling, falling objects or any other harmful objects.
The fourth requirement says companies must backfill the swamps and standing water near the workplaces or facilities.
All premises, tools and any other means used at the workplace must be fire-resistant and conform to the specifications and technical requirements.
Facilities, entrances, exits and emergency exit locations must be marked and provided based on the number of the employees, the ministry has said.
The flooring of the workplace should have an even, flat surface without holes or obstructions and it should be suitable for the nature of the work to ensure safety, the guidelines suggested.
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(MENAFN- The Peninsula)
QNA Doha: The 25th edition of the Asian Table Tennis Championship for men and women, a qualifying event for the World Championships in China next year, will kick off at the Lusail Sports Hall today.
The event, hosted by the Qatar Table Tennis Association (QTTA), will continue until October 5 with the participation of 194 players representing 30 countries.
Qatar team will be represented by nine players, the men's team includes four players: Ahmed Khalil Al Mohannadi, Muhammad Abdul Wahhab, Ahmed Muthanna Al Awlaki and Fahd Al Mughni. The women's team includes five players - Maha Flamerzi, Aya Magdy, Maha Ali, Maryam Ali, and Shawq Abdullah.
The AFC general assembly will also be convened on the sidelines of the Asian Championships. The AFC general election to select the president will witness a competition between the President of the Qatar Table Tennis Association, Khalil Al Mohannadi and President of the UAE Association Daoud Al Hajri, and members of the Executive Office and the Board of Directors.
It is noteworthy that Qatar had won the honour of hosting the Asian Championships for the second time in a row in its history after the 2000 edition as the first Arab and Gulf country, after withdrawal of China and India.
Al Mohannadi, who is also the First Vice-President of the International Table Tennis Federation (ITTF), underlined that Qatar's hosting of many continental and international table tennis tournaments as big as Asian Championships this year is important and will enhance the confidence of the International Federation in Qatar's organisational capabilities.
Al Mohannadi also noted that the tournament is considered a mini-world championship due to the participation of the best players in the world, mainly from East Asian countries, such as Japan, South Korea, India, Hong Kong and China Taipei.
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(MENAFN– Swissinfo) A Swiss Army helicopter supplies an alp in eastern Switzerland with water for the cows in 2018 © Keystone / Ennio Leanza
In Obwalden, high in the Swiss Alps, the army has been drafted in to save the cows. With mountain streams in the Alpine country drying up, military helicopters were dispatched last week to transport huge containers of water up to the pastures from the lakes below, in an effort to prevent the herds from dying of thirst.
This content was published on August 6, 2022 – 10:56 August 6, 2022 – 10:56 Financial Times reporters
“In Switzerland we’re not used to the idea of droughts,” said Sonia Seneviratne, professor of land-climate dynamics at the federal technology institute ETH Zurich.“We see ourselves as being this water fortress of Europe, but as glaciers shrink and summer temperatures become more extreme this is less and less a reality.”
The water shortages are part of a severe drought sweeping the continent from Portugal to eastern Europe and southern England to Italy. Scientists blame the combination of an unusually dry winter followed by an equally dry spring and a summer of baking heat, part of a warming trend brought on by climate change.
The drought and extremely high temperatures across Europe – France has been gripped by a third heatwave of the summer – are affecting households, industry, transport and tourism, as well as farming and agriculture. The tinder-dry ground also provides ideal conditions for the wildfires that have ravaged France, Portugal and other countries.
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The Nightmare of Mines Threatens the Present and Future of Yemen 2 Riyadh
(MENAFN- Saudi Press Agency)
Yemen needs years to get rid of these mines, as there are no maps showing where they were implanted. Local Yemeni statistics indicate that there are hundreds of civilian causalities -either amputated or killed- and the number is still rising given the expansion of the war in densely populated areas.
On its part, the Yemeni government has issued several urgent appeals to the international community to assist in the demining of the mines planted by Houthi militias heavily and in an indiscriminate manner in areas under their control, stressing that this is a disturbing issue for both government and citizens. Especially since the planting of these mines was carried out in a random, unorganized nor documented manner, making it very difficult to detect and dispose of them. The Government of Yemen hopes to be assisted by the international community and the international organizations involved with demining, providing technical, technological and material assistance in order to prevent further causalities.
These mines remain the greatest threat to human and animal life in the present and future of Yemen. Failure to remove them will cause more lives of innocent civilians, especially women and children, being taken, and will cause serious human and material damage that may last for years and become a prominent title in the future of Yemen. Yemen urgently needs massive international humanitarian efforts to remove these mines, neutralize their danger and restore the spirit of life to the liberated territories from the grip of these coup militias.
11:55 LOCAL TIME 08:55 GMT
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(MENAFN- AFP) Shervin Pishevar, one of Silicon Valley's most powerful venture capitalists, has denied claims by several women of sexual harassment, saying he is the victim of an "organized smear campaign".
Five women told the Bloomberg News agency that Pishevar sexually assaulted or harassed them while meeting them in a professional context. Some of the alleged events took place as early as 2013.
Pishevar allegedly groped a sixth woman, Austin Geidt, an executive at the Uber ride-sharing company.
The other women requested anonymity, citing Pishevar's proclivity toward filing lawsuits and worries he would use his position of power to ruin their careers.
"Shervin Pishevar is the victim of an organized smear campaign... We are confident that these anecdotes will be shown to be untrue," Mark Fabiani, a crisis management expert, said in a statement sent on Pishevar's behalf on Friday.
Pishevar, co-founder and managing director of Sherpa Capital, is considered one of the most powerful investors in Silicon Valley.
He was an early investor in Uber as well as the vacation rental firm Airbnb.
Silicon Valley and many of its venture capitalists have long faced accusations of sexism and of turning a blind eye to sexual harassment.
But after a former Uber employee revealed she had been sexually harassed at the company, more women in the technology industries came forward with similar claims.
The revelations are part of a watershed moment in the United States that has seen powerful figures in Hollywood, journalism and politics felled over sexual misconduct claims.
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(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 12. Armenians living
in Karabakh voluntarily departed from the region, said Russian
Deputy Foreign Minister Mikhail Galuzin during an interview with
TASS (a state-owned Russian news agency), Trend reports.
According to Galuzin, Russia is ready to facilitate the safe
return of Armenians to Karabakh if they wish it.
"We are prepared to offer comprehensive support to this
endeavor, which may involve the assistance of the Russian
peacekeeping contingent, whose presence holds significant
importance," the diplomat added.
The Azerbaijani authorities have consistently encouraged the
Armenian residents of Karabakh to remain in the areas where they
are. Upon acquiring Azerbaijani citizenship, the Armenian
population of Karabakh is assured to enjoy the same rights as other
citizens of the country.
A special website has been created for the reintegration of the
Armenian population of Karabakh.
A UN delegation arrived in Karabakh on October 1, 2023, with the
objective of assessing the local situation and identifying the
humanitarian requirements of the residents. The delegation
comprised representatives from diverse UN agencies.
In a statement, the UN mission refuted Armenian claims of the
so-called "ethnic cleansing" in Karabakh.
"On Sunday, October 1, a UN delegation led by Vladanka Andreeva,
UN Resident Coordinator in Azerbaijan, visited Azerbaijan's
Karabakh region. The party left Aghdam and drove to Khankendi,
where they met with the locals and assessed the state of healthcare
and education. During their tour, the delegation saw no serious
damage to civilian public infrastructure, including hospitals,
schools, residential buildings, and cultural and religious
monuments," the statement said.
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Afghanistan- Sayyaf in Saudi Arabia for Talks with Officials
(MENAFN- Daily Outlook Afghanistan) KABUL - The former Jihadi leader is in Saudi Arabia for talks with officials on the existence of extremism and terrorism in Muslim countries.
Former Jihadi leader and head of the Council of Protection and Stability of Afghanistan Abdul Rab Rasoul Sayyaf is in Saudi Arabia where he is scheduled to hold talks with officials.
According to a source, Sayyaf left Kabul on Friday and will spend a few days in the kingdom.
Sources said the purpose of his trip is to talk with Saudi officials about the phenomenon of extremism and terrorism in the Muslim world.
One source said it is expected that Sayyaf will also discuss the role of Islamic countries in resolving the current crises in some Islamic countries.
This comes after Saudi Arabia's crown prince Mohammed bin Salman in November vowed to 'wipe terrorists from the face of the earth.
At the time he had been addressing officials from 40 Muslim countries who had gathered at the first meeting of an Islamic counter-terrorism alliance.
Bin Salman, who is also the Saudi defense minister, told officials in Riyadh that 'in past years, terrorism has been functioning in all of our countries... with no coordination among national authorities.
'This ends today, with this alliance, he added.
The summit was the first meeting of defense ministers and other senior officials from the Islamic Military Counter Terrorism Coalition, which officially incorporates 41 countries and identifies itself as a 'pan-Islamic unified front against violent extremism.
The alliance was announced in 2015 under the auspices of Bin Salman, whose rapid ascent since his appointment as heir to the throne in June has shaken the political scene across the region. (Tolo news)
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(MENAFN) In a significant move, Finland has announced its commitment to produce artillery shells for Ukraine, citing the arming of Kiev as a "vital issue" for Helsinki, according to Defense Minister Antti Hakkanen. The decision, expected to be finalized soon, comes as Finland, a NATO member since last year, seeks to enhance its munitions production capabilities to better support Ukraine in its ongoing conflict with Russia.
Hakkanen emphasized that Finland's priority in its communications with NATO and the European Union is to encourage larger European countries to ramp up munitions production, underscoring the importance of preparedness for both Finland and the Nordic countries. The plan to boost shell production is estimated to cost "tens of millions of euros," reported Iltalehti.
The Finnish Defense Ministry revealed that the country has already provided Ukraine with substantial military assistance, totaling EUR1.5 billion (approximately USD1.63 billion) since the outbreak of the conflict in February 2022. A recent announcement in November unveiled an additional EUR100 million package. This latest commitment solidifies Finland's dedication to supporting Ukraine during these challenging times.
The European Union had earlier pledged to supply Kiev with 1 million shells by March 2024. However, German Defense Minister Boris Pistorius acknowledged last month that the ambitious goal may not be achieved due to insufficient production capacities in European nations.
Finland's decision to step up its munitions production aligns with its continued efforts to bolster Ukraine's defense capabilities. As the country celebrates Christmas on December 25, the government aims to finalize all plans related to this initiative. This strategic move not only reinforces Finland's commitment to Ukraine but also signals an increased focus on collective security within the European region.
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Our Views: GOP woes
As an antidote to the post-election blues, columnist Mona Charen took to the high seas last week with like-minded colleagues in the conservative movement on a cruise sponsored by National Review. As…
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(MENAFN- Saudi Press Agency)
The recently established SME Authority plans to review laws and regulations thoroughly remove obstacles facilitate access to funding and enable youth and entrepreneurs to market their ideas and products. At the same time we will establish additional new business incubators specialized training institutions and venture capital funds. These will aid entrepreneurs in developing their skills and networks. We will also support SMEs in marketing and help export their products and services by leveraging e-commerce and collaborating with international stakeholders.
Among our goals by 2030
To lower the rate of unemployment from 11.6% to 7%.
To increase SME contribution to GDP from 20% to 35%.
To increase women's participation in the workforce from 22% to 30%.
2.2 A thriving economy.. investing for the long-term
Diversifying our economy is vital for its sustainability. Although oil and gas are essential pillars of our economy we have begun expanding our investments into additional sectors. We understand that there are complicated challenges ahead but we have long-term plans to overcome them. In the past 25 years the Saudi economy has grown by an annual average rate of more than 4 percent contributing to the creation of millions of new jobs. Although we are already among the 20 largest economies in the world our ambitions are even greater. We aspire to have an even higher ranking by 2030 despite the headwinds of the global economic slowdown and the expected impact of our structural economic reforms. This requires us to invest in all our resources in order to diversify the economy unleash the capabilities of our promising economic sectors and privatize some government services.
19:56 LOCAL TIME 16:56 GMT
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(MENAFN) In a significant demographic shift, the United States is currently experiencing an all-time high in the percentage of foreign-born residents, reaching a remarkable 15 percent, as revealed by a recent report from the Center for Immigration Studies (CIS). Drawing on data collected by the United States Census Bureau last month, the conservative think tank disclosed that a staggering 49.5 million individuals in the country were born outside its borders, setting a new record.
The CIS report underscores the profound impact of this surge, indicating a surge of 4.5 million in the foreign-born population since President Joe Biden assumed office in 2021—an increase larger than the entire population of 25 individual United States states. Notably, more than half of this surge is estimated to consist of illegal immigrants, as per the CIS analysis.
President Biden's tenure has been marked by an unprecedented increase in immigration, both legal and illegal, with the foreign-born population growing at a rate of 137,000 per month since his inauguration. Comparatively, during the pre-Covid-19 period under former President Donald Trump, approximately 42,000 foreigners entered the United States each month, while his predecessor Barack Obama oversaw a monthly immigration rate of 68,000.
The statistics from the CIS report reveal a dramatic shift over the years, with the percentage of Americans born outside the United States in 2023 being three times higher than it was in 1970.
The actual number of foreign-born individuals has increased fivefold, exceeding even the levels observed between 1890 and 1910 when immigrants were drawn to the United States to settle the frontier and pursue the American dream. Census data from those years indicates that the foreign-born population approached, though did not quite reach, the 15 percent mark, peaking at 14.8 percent and 14.7 percent, respectively. This demographic transformation raises important questions about the implications for society, economy, and policy in the years to come.
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(MENAFN- Qatar News Agency) Oul July 15 (QNA) - South Korea's President Park Geun-hye will hold summit talks with leaders of the 10-member Association of Southeast Asian Nations (ASEAN) in South Korea's second-largest city of Busan late this year her office said Tuesday.
South Korea plans to further boost a strategic partnership with ASEAN through the special summit set for Dec. 11-12 the presidential office said.
The planned summit is designed to commemorate the 25th anniversary of the establishment of dialogue between South Korea and ASEAN said presidential spokesman Min Kyung-wook.
In October Park met with ASEAN leaders in Brunei. South Korea and ASEAN have made strides in their ties since 1989 when they established dialogue according to South Korea's (Yonhap) News Agency.
South Korea forged a free trade deal with ASEAN in 2009 and upgraded their relations to a strategic partnership in 2010.
ASEAN is South Korea's No. 2 investment destination and second-largest trade partner with two-way trade amounting to $135 billion last year.
ASEAN comprises Brunei Cambodia Indonesia Laos Malaysia Myanmar the Philippines Thailand Singapore and Vietnam. (QNA)
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(MENAFN- Kashmir Observer)
Srinagar- The government on Thursday issued a reminder to its employees for filling details of annual property return as well as action over its non-submission by the end of this month.
“Vide Circular No. 52-JK(GAD) of 2022 dated 22.12.2022, all the employees working under Jammu and Kashmir Government have been advised to file their property returns for the year 2022 on the PRS portal, which is accessible on from 1st of January,2023 to 31 of January, 2023,” reads a fresh government circular.
However, the circular noted, that that a“sizeable” number of employees are yet to submit their property returns.
“The last date for filing of property returns is fixed for 31st of January, 2023, beyond which the Portal would automatically not accept the submission of the property returns and moreover, no manual submission shall be accepted in any case,” it said, adding,“It is clarified that non submission of property returns shall invite action against such defaulting employees under relevant provisions of law and shall result in denial of vigilance clearance as well.”
Accordingly, the government directed all the employees who are yet to submit their annual property returns for the year 2022 to submit the same immediately, well before the specified timeline of January 31.
“It is further enjoined upon all the Drawing and Disbursing Officers (DDOS) to ensure compliance with regard to filing of property returns by all the employees of their establishment. Further, Administrative Departments shall also assess the progress in this regard,” the circular added. (KNO)
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(MENAFN- Jordan Times) AMMAN — His Majesty King Abdullah on Monday stressed the importance of investing in the tourism sector, noting efforts under way to attract investors to establish tourist-related projects in Jordan.
During a meeting attended by HRH Crown Prince Hussein with heads of divisions at the Royal Department for Environment Protection and Tourism at Mount Nebo in Madaba Governorate, King Abdullah said investing in tourism and the environment requires providing a suitable ecosystem, according to a Royal Court statement.
Protecting the environment and forests around the Kingdom is the responsibility of all Jordanians, His Majesty said.
Jordan is among the countries best equipped to reopen the tourism sector, thanks to early precautionary and public health measures taken to deal with coronavirus disease (COVID-19), the King noted, adding that jobs in the tourism sector are vital to the economy.
His Majesty also pointed to the need to attract global investments to the Baptism Site area, and said the government is working with experts to refine investment promotion tools for the tourism sector.
The King highlighted the importance of training tourism workers to build their capacities and benefit the sector, which boosts the national economy.
Domestic tourism will have a key role in the coming stage, His Majesty said, citing also proposals to allow movement between Jordan and other countries with a similar epidemiological situation.
Responding to comments from the attendees, the King urged maintaining the cleanliness of tourist attractions to reflect a positive image of Jordan, calling for stepping up awareness campaigns.
His Majesty also noted the importance of building hotels near villages and rural areas, adding that it is possible to start using all-terrain vehicles to transport tourists in certain sites, with local communities benefitting directly.
The King urged promoting the use of apps for tourist attractions in Jordan, such as the one used in Aqaba, to guide local and international visitors.
His Majesty commended the efforts of Public Security Directorate (PSD) personnel to counter coronavirus disease (COVID-19), and noted the positive results of merging the Tourism Police and the Royal Department for Environment Protection.
Expressing satisfaction with the performance of national institutions during the COVID-19 pandemic, the King said the biggest challenge facing Jordan today is the economic situation.
For his part, PSD Director Maj. Gen. Hussein Hawatmeh affirmed that providing tourism security and support for economic development are chief among the PSD's priorities.
The heads of divisions at the Royal Department for Environment Protection and Tourism presented proposals to develop tourist sites and conserve the environment.
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(MENAFN) Gold prices marked a weekly upturn, displaying resilience amidst mixed performances from the US dollar and Treasury bond yields. The uncertainty surrounding the timeline for potential interest rate cuts by the US Federal Reserve did not deter gold's positive trajectory.
Brian Lan, from Gold Silver Central in Singapore, provided insights into the market sentiment, stating that while a rate cut by the Federal Reserve in March seems unlikely, traders are expressing confidence in the likelihood of interest rate reductions in the subsequent period. Lan noted that these sentiments have been favorable for gold, contributing to its weekly gain.
In spot transactions, gold observed a weekly increase of 1.05 percent, reaching USD2,039.76 per ounce. The appeal of gold, known for its non-yielding nature, tends to be enhanced in periods of low interest rates, as it stands as a non-interest-bearing asset.
A separate report highlighted a faster-than-expected growth in US worker productivity during the fourth quarter. Concurrently, concerns about the regional banking sector in the United States have led to increased demand for safe-haven assets, with both bullion and Treasuries being sought as secure investments.
The comments from US Federal Reserve Chairman Jerome Powell further added to the nuanced market dynamics. Powell indicated a cautious approach, stepping back from the notion of lowering interest rates in the spring while expressing confidence in inflation converging toward the target range of two percent. The complex interplay of these factors underscores the intricate landscape influencing gold prices and the broader market outlook.
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Muslims help others when extremists attack bus in Kenya
(MENAFN- Asia Times) In a previous attack in Mandera County last year al-Shabab gunmen killed 28 non-Muslims from this bus
Two people died in the attacks on Monday in northern Mandera County when gunmen believed to be Somalia’s al-Shabab rebels shot at a bus and truck headed for Mandera town North Eastern Regional Coordinator Mohamud Saleh said.
The bus was from travelling from the capital city Nairobi with 60 passengers when it was stopped at Papa City by a group of Islamic militants who shot the windscreen witnesses said.
Some of the Muslim passengers gave non-Muslims head scarfs to try and conceal their identities when the bus stopped probably remembering a previous attack in the same region last year when al-Shabab gunmen killed 28 non-Muslims from a bus Abdrirahman Hussien a 28-year-old teacher said.
An extremist entered the bus and ordered everyone to get out and form two separate groups of non-Muslims and Muslims said Hussein. One person a non-Muslim decided to run and was shot in the back and died he said. He said several non-Muslims managed to group with the Muslims. Read More
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(MENAFN- The Peninsula) Reuters
A producer of the movie 'Rust,' whose set saw the fatal accidental shooting of cinematographer Halyna Hutchins last year, said the movie will be completed, the Hollywood Reporter reported on Monday.
Hutchins was killed in October when a revolver that actor Alec Baldwin was rehearsing with during filming in New Mexico fired a live round that hit her and movie director Joel Souza. Souza was wounded but survived.
'We're confident we'll be able to complete the movie,' Anjul Nigam, one of the producers, was quoted as saying by Hollywood Reporter.
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A representative of Nigam did not immediately respond to a request for comment.
Last month, the state of New Mexico fined Rust Movie Productions the maximum amount possible, $137,000, for what it called 'willful' safety lapses leading to Hutchins' death. The company said it disagreed with the findings.
Baldwin, also a producer on the film, has been named in several lawsuits filed in connection with Hutchins' death, including one by her husband.
Baldwin, 64, has denied responsibility for Hutchins' death and said live rounds should never have been allowed onto the set of the Western film at Bonanza Creek Ranch.
The actor also has argued in court papers that an indemnification clause in his contract shields him from personal liability.
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(MENAFN- AsiaNet News) ABC has renewed the iconic television series 'Grey's Anatomy' for its 21st season. It will be Meg Marinis' second season as showrunner, having taken over the programme at the end of the 19th season following Krista Vernoff's departure. The revelation comes just as the show's 20th season, which had been delayed due to last year's Hollywood writers and actors' strike, returned to television screens last month.
Shonda Rhimes conceived and executive produced the medical drama. The Hollywood Reporter quoted Rhimes as saying, "The loyalty and love of Grey's Anatomy fans has propelled us into a historic 21st season, and I could not be more grateful."
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She added, "Meg Marinis' storytelling is a gift that keeps the show vibrant, compelling and alive, and I can't wait to see what she has in store for next season.”
Grey's Anatomy premiered on television in 2005 and is still the longest-running American series.
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There are currently no updates on the returning cast for the forthcoming season. However, leading lady Ellen Pompeo, who plays Dr. Meredith Grey on the series, is anticipated to return in a recurring role after leaving as a series regular before season 20.
In India, 'Grey's Anatomy' is available on Disney+ Hotstar.
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(MENAFN- Newsroom Panama) The proceeds of criminal activities in Panama will go on the auction block in October with beach houses, apartments, Rolex watches cars and boats, up for bidding.
The Directorate of Seized Assets (DABA) of the Ministry of Economy and Finance (MEF) is scheduled to hold an auction on October 16.
The portfolio of assets comes from various crimes: against public administration (corruption), money laundering, financial crimes, and related crimes, informed says Rodolfo Ferreira, national director of seized assets of the Finance Ministry (MEF).
Interested parties must complete the proposal form, present a copy of the identity card or passport, in addition to a manager's check or certificate in favor of the MEF / DABA / Comptroller's Office for 10% of the estimated value of the property to be auctioned, among.
For more information, enter the profile catalog. # TrabajandoporPanamá pic.twitter.com/D6wPKpbWnN
- subastamef (@subastamef) September 24, 2020
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Athlete Spotlight: Handley track’s Hannah McKiernan
Handley High School 18-year-old senior
Sport: Track and Field
Events: 3,200 meter and 4x800 meter relay
Parents: Michael and Judy McKiernan
Hometown: Born in Strasburg, moved to…
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