Day: May 28, 2023

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Transport Minister Heads Saudi Arabia’s Delegation to “Development Road” Conference in Baghdad

Minister of Transport and Logistic Services, Eng. Saleh Bin Nasser Al-Jasser, headed the Kingdom of Saudi Arabia’s delegation to the “Development Road” conference in Baghdad, Iraq.

The conference saw the participation of transport ministers or their representatives from Iran, Turkey, Jordan, Syria, the UAE, Kuwait, Qatar, and Oman as well as representatives of the EU and the World Bank.

The conference, inaugurated by Iraqi Prime Minister Mohammed Shia’ Al-Sudani, discussed aspects of the Development Road project, including its targeted capacities and timeline

Source: Saudi Press Agency

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Smart Camp Project for Non-Arab African Pilgrims Launched

Company of Mutawifs for Pilgrims from African Non-Arab Countries CEO Bader Bafakeeh has inaugurated the first stage of the Smart Camp project for African non-Arab pilgrims in Arafat and Mina.

At the ceremony, several contracts and strategic partnerships were signed with a number of specialized companies and institutions, including Huawei Technologies Co., Ltd which is specialized in telecommunication network products and information technology, and a pioneer in providing information and communication technology infrastructure and smart devices, China Saudi Communications Service Ltd Company and several other technical institutions.

The agreements aim to use modern technology to face future challenges in the field of crowd management and link camps with smart monitoring systems that reflect real-time indicators, to support decision making and facilitate the performance of rituals by pilgrims.

Source: Saudi Press Agency

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MSX Drops 11 Points

Muscat Stock Exchange (MSX) general index (30) today lost (11.3) points, comprising a drop by (0.24%) to close at (4630.45) points, compared to the last session, which stood at (4641.78) points.

The trading value today stood at (RO 2,859,328), comprising a decline by (14.6%), compared to the last session, which stood at (RO 2,176,752).

The report released by MSX pointed out that the market value went down by (0.076%) to reach about (RO 23.64) billion.

The report added that the value of shares bought by non-Omani investors reached (RO 257,000), comprising (13.82%). The value of shares sold by non-Omani investors reached (RO 513,000), comprising (27.61%). The net non-Omani investment decreased by (13.79%) to (RO 256,000).

Source: Oman News Agency

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Oman, Iran Sign Memoranda of Understanding, Agreements to Boost Investments

The Sultanate of Oman and the Islamic Republic of Iran signed two memoranda of understanding (MoUs) and two cooperation agreements in Saadabad Palace, Tehran, in a bid to enhance development and investments between the two countries.

The two memoranda of understanding deal with promoting investments, exchanging investment opportunities, boosting development and investments in economic zones and free zones. Meanwhile, the two agreements deal with exchanging oil information and the joint study on the Hengam-Bakha field project.

The first MoU was signed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion and Ehsan Khandozi, Iran’s Minister of Economic and Financial Affairs.

The second MoU was signed by Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion and Hojatollah Abdolmaleki, Iran’s Adviser to the President and Secretary of the High Council for Free Zones.

The two agreements were inked by Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals and Ali Akbar Mehrabian, Iran’s Minister of Energy.

The signing ceremonies were attended by the official delegations from both sides.

Source: Oman News Agency

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Oman, Iran Review Cooperation in Areas of in Energy and Minerals

Eng. Salim bin Nasser Al Aufi, Minister of Energy and Minerals met at the Saadabad Palace Complex in Tehran today, Javad Owji, Iranian Petroleum Minister.

The meeting reviewed fields of cooperation between the two neighbouring countries and means of promoting them, particularly in the areas of energy and minerals.

The two sides also touched on agreement under negotiations between the two countries and projects for the development of the Hengam-Bakha field and the export of gas to the Sultanate of Oman

Source: Oman News Agency

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Bylaw Issued to Regulate Charging of Electric Vehicles

The Authority for Public Services Regulation has issued a bylaw to regulate the charging of electric vehicles (EVs). Besides endorsing the regulatory framework for electric vehicles’ charging activities, the new bylaw sets out the technical requirements for connecting charging stations and devices to the network.

The regulation boosts Oman’s drive towards achieving carbon neutrality (zero emissions) by the year 2050. It stems from the country’s environmental commitments and international pledges to reduce carbon emissions. It also underlines the strategic approach of Oman Vision 2040, notably within the context of establishing a sustainable environment based on effective, balanced and flexible ecosystems.

In addition, the regulation highlights advancing Oman’s goal of transition into green economy and striking a balance between the requirements of development and environmental sustainability.

The bylaw is the outcome of concerted efforts made by various government departments to boost the country’s transition into zero-emissions in the transport sector.

The regulation provides for offering customs incentives and tax exemptions for the import of electric cars and their spare parts.

Besides encouraging the acquisition of these cars, the regulation helps in setting targets for the number of electric cars as part of the government plans to replace conventional cars with electric ones.

The bylaw sets the tariff for electric vehicles’ charging and it floats this activity for private sector investors.

Source: Oman News Agency

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Oman, Bangladesh Hold Political Talks Session

The 3rd political talks session was held here today between the foreign ministries of the Sultanate of Oman and the People’s Republic of Bangladesh.

The session discussed several issues and regional and international developments of mutual interest.

During the session, the two sides reviewed bilateral relations and discussed means of enhancing cooperation in the fields of trade exchange, investment, food security and labour relations, as well as other areas that serve joint interests.

The Omani side was headed by Sheikh Khalifa Ali Al Harthy, Undersecretary of the Foreign Ministry for Diplomatic Affairs, while the Bangladeshi side was headed by Masud Bin Momen, Foreign Secretary of the Ministry of Foreign Affairs.

The talks session was attended by Mohammed Nazmul Islam, Ambassador of Bangladesh to Oman and Yousef Issa Al Zedjali, Head of Asia and the Pacific Department and several officials from the two countries’ foreign ministries.

Source: Oman News Agency

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Seizing thousands of tons of sulfur stored near residential areas, west of Basra

The security services in Basra governorate seized thousands of tons of sulfur stored near residential areas, in a manner that violates safety and environmental conditions, in Safwan district, west of the governorate.

A security source stated, “The intelligence service, in conjunction with the Directorate of Organized Crime in Basra and the Directorate of Environment, managed to seize thousands of tons of sulfur stored near residential areas in a manner that violates the conditions of safety and the environment, under the sun’s rays and randomly.”

Source: National Iraqi News Agency

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The Security Media Cell announces the outcome of the fifth page of Operation Swords of Truth

The Security Media Cell announced the outcome of the fifth page of Operation Swords of Truth.

A statement by the Cell stated that the Iraqi army forces, the Peshmerga, the Ministry of Interior and the Popular Mobilization Forces, with support from the Air Force and Army Aviation, and technical detachments from the Directorate of Military Intelligence and other support and service categories, carried out, on May 27-28, the fifth phase of Operation Swords of Truth, which included areas of common interest between the center and the region, and according to accurate intelligence information in Diyala, Tuz Khurmato and Kirkuk, (43) terrorist dens, (3) tunnels, (11) explosive devices, (5) 82mm mortar bombs and (4) 60mm bombs were found, and a monitoring point was destroyed, in addition to confiscating (3) motorcycles, a bicycle, and a quantity of cooking utensils and furnishings.

Source: National Iraqi News Agency

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Erdogan wins the presidential elections

The Head of the Supreme Electoral Commission, Ahmed Yanar, announces Erdogan’s victory in the presidential elections, after obtaining 54.47 percent and Kiliçdar 45 percent of the total vote.

Source: National Iraqi News Agency

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Al-Sudani chairs a meeting to follow up the outcomes of the “Development Road” conference

Prime Minister Muhammad Shiaa Al-Sudani chaired, Sunday evening, a meeting devoted to following up the outcomes of the (Development Road) conference, which was hosted by the capital, Baghdad, yesterday.

Al-Sudani reaffirmed that this project will achieve a qualitative leap in the economic fields of Iraq and the countries of the region, and the government’s seriousness in implementing this large project with its dimensions and ambitions.

Al-Sudani directed the Ministries and Agencies concerned to provide all the ingredients for success for the development road project, stressing that it will achieve an important leap in the level of localization of industries, through the establishment of the industrial city, which will be one of the pillars of the project.

He pointed out the importance of guaranteeing the rights of the Iraqi state in all aspects of the project and its side and attached projects, indicating that it is the first time that Iraq has adopted a development project of this size, within the framework of the direct interest of the Iraqi people, as well as the interests of brotherly and friendly peoples in the neighborhood and the region.

Source: National Iraqi News Agency