Author: Admin
According to authorities, at least 28 people have died in landslides and flooding in the central and southern Philippines following heavy rain and disruption in travel ahead of Easter. Tropical storm Megi pounded the disaster-prone region on Sunday as more than 13,000 people sought shelter in emergency shelters, the National Disaster Agency said. The storm submerged houses, flooded fields, cut off roads, and knocked out electricity. This year, Megi is the first storm to hit the archipelago, which averages 20 storms per year. The central province of Leyte was the hardest hit, with landslides leading to the deaths of 21…
MENA Newswire: Canon Middle East, (CME), a leading provider of imaging technologies and services has announced a special camera bundle that is all set to inspire a future generation of storytellers with not only exceptional equipment, but also access to professional learning, tips and tricks that will up-skill their photography skills – at no additional cost. Canon has launched a special program whereby children between the ages of 7-18 can explore their passion for visual storytelling, through access to interactive workshops hosted by the Canon Juniors Academy, upon the purchase of a “camera bundle” that includes a camera, lens, printer…
The International Monetary Fund and Lebanon have reached a tentative agreement on Economic Policies with Lebanon for a Four-Year Extended Fund Facility. However, financial experts and analysts remain unconvinced that the Lebanese political elite, widely criticized for rampant corruption, will implement the reforms outlined in the IMF program. Nasser Saidi, a finance professional and former vice governor of Lebanon’s central bank, is among those who are skeptical that such a large-scale reform will ever take place. “This is good news if the set of Monetary-Fiscal-Governance-Structural reforms including banking sector restructuring are implemented. Highly unlikely!” he wrote on Twitter. In a…
A deal to buy additional natural gas will be signed by Italian Premier Mario Draghi in Algeria, the latest effort by a European Union country to acquire alternative energy sources to reduce its reliance on Russia. Almost 40% of Italy’s total imports come from Russia, followed by Algeria, which provides about 21 billion cubic meters of gas via the Trans-Mediterranean pipeline. A new deal with Algeria would add an additional 9 billion cubic meters of gas to Russia’s 29 billion cubic meters a year. A deal between Italy and Algeria is the first concrete result of a series of missions…
The UAE Ministry of Economy has signed a Memorandum of Understanding (MoU) with the Costa Rican Tourism Institute aimed at promoting cooperation in the tourism sector and strengthening their bilateral ties. The MoU was signed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Rodolfo Solano, Costa Rica’s Minister of Foreign Affairs and Worship. Al Zeyoudi noted during the signing that the agreement will improve the UAE’s appeal as a tourist destination for tourists from Central America and Costa Rica, as well as support the country’s tourism development strategy and future goals aimed at increasing…
Bishr Khasawneh, Jordan’s Prime Minister, said on Monday the government is continuing its efforts to monitor the market and prevent infringements on citizens’ livelihoods. During a meeting at the Lower House of Parliament, the PM urged commitment to price caps for a number of essential commodities set by the Ministry of Industry, Trade and Supply. He said the government would, under the authority of the law, take action against anyone who violated the rights of citizens, citing a few fines issued by the Jordan Ministry of Industry, Trade, and Supply and cases that were referred to the Public Prosecutor. He…
Prime Minister of Iraq, Mustafa Al-Kadhimi confirmed, the Food Security Law will provide for the day-to-day running of the state’s affairs. The government is keen to work on oil alternatives, and that this wealth remains to protect our children and grandchildren as well as the future of Iraq. The Iraqi officials presented the draft of the food security law and urged cooperation as parliamentarians and the government bear responsibility for approving it. “We must work together to build Iraq and take responsibility,” Al-Kadhimi said in a statement issued by his office.” He added, “Now we are experiencing transitional and post-election…
Khazaen Economic City Oman has signed an agreement with Al Janabi International Investment Company to establish a factory that will produce cement products. For the first phase of the project, Al Janabi International Investment Company will invest RO 2 million. In total, the project will be built on a plot of land measuring more than 5,000 square meters. Another agreement was signed between Khazaen Economic City and Moayyad Omair investment company to establish a factory for steel industries worth RO 1.5 million for the first phase. The project will be set up on a total area of 7,500 square meters. This…
Jamal Abdulaziz Al Alawi, CEO of the Bahrain Labor Market Regulatory Authority and Chairman of the National Committee to Combat Trafficking in Persons, received the Indian Ambassador to Bahrain, Piyush Shrivastav. The two sides agreed to intensify their cooperation on the labor market and to form bilateral committees and technical teams. LMRA’s CEO discussed the latest developments concerning investors and businessmen in the Kingdom, as well as the facilities provided to ease their work. He noted the efforts of the Kingdom to improve the work environment and protect work parties, pointing out the role diplomatic missions play in cooperating with…
Saudi Arabian Military Industries (SAMI) group, a wholly owned subsidiary of the Public Investment Fund and the Kingdom’s leading national defense localization company, has signed a preliminary agreement with Boeing (Boeing), the world’s largest aerospace company and leading provider of commercial jetliners, defense, space and security systems, and aviation services. Both companies will form a Kingdom-focused joint venture under the agreement. During the inaugural World Defense Show in Riyadh, the announcement was made at a signing ceremony. Taking part in the ceremony to commemorate the parties’ intent to sign the definitive agreements in the coming weeks were His Excellency Ahmed…