Author: News Desk

Dubai: Expo 2020 Dubai organizers have hailed the first month of the event as a “huge success”, announcing an impressive 2,350,868 visits from October 1-31, with a host of memorable events, entertainment, and seminars attracting people from the UAE, region and beyond. 28 percent of visits were made by persons under 18 years old, but this figure is expected to grow as the Expo School Program expands during the cooler months ahead, Emirates News Agency (WAM) reported. Taking a global overview, an impressive 17 percent of the total visits came from overseas, which was notable considering the event takes place when…

Manama: HH Shaikh Nasser bin Hamad Al Khalifa, Representative of HM the King for Humanitarian Works and Youth Affairs, affirmed that the continued successes which are being accomplished by the Bahrain camels abroad embody the support of HM King Hamad bin Isa Al Khalifa and the interest of HRH Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. HH Shaikh Nasser explained that the new achievement which was made by “Samt” at the Saudi Olympic Committee Camels Cup is an extension of the great accomplishments achieved by Bahrain on Saudi soil. HH Shaikh Nasser bin Hamad Al Khalifa…

Washington: Arcapita Group Holdings (Arcapita), the global alternative investment firm, and Arden Group, a US real estate investment firm, have announced a joint venture to acquire multi-tenant industrial properties in urban centers across major markets in the United States. The new venture closed on an initial portfolio of properties valued at over $550 million, with an additional $250 million of properties closing in the near term. Plans are to grow the portfolio to up to $2 billion in gross asset value across the top 25 US industrial markets. The venture’s initial portfolio totals approximately five million square feet spread across…

Hard-hitting Brit dynamo Sam “The Future” Patterson is days away from his pivotal lightweight clash against promotional newcomer and hometown favorite Kamil Magomedov at BRAVE CF 55 in Rostov-on-Don, Russia on November 6. Though Patterson is a veteran of the BRAVE CF cage, he hasn’t faced someone near the caliber of Magomedov yet in his young career as the Russian has 14 fights under his belt and has won 11 of them via submission. Furthermore, Magomedov is considered much of a threat on the ground, which could put a ferocious striker such as Patterson in a tough situation over the…

Rome: Leaders of the world’s biggest economies made a vague commitment Sunday to seek carbon neutrality “by or around mid-century” as they wrapped up a two-day Rome summit that was laying the groundwork for the U.N. climate conference in Glasgow, Scotland. According to the final meeting communique, the Group of 20 leaders also agreed to end public financing for coal-fired power generation abroad but set no target for phasing out coal domestically — a clear nod to China, India and other coal-dependent countries, reports AP. The G-20 countries represent more than three-quarters of the world’s greenhouse gas emissions and summit…

Tokyo: Japanese voters went to the polls on Sunday to decide whether to endorse the conservative government of Fumio Kishida or weaken the new prime minister and possibly return the world’s third-largest economy to a period of political uncertainty. The vote is a test for Kishida, who called the election soon after taking the top post early this month, and for his Liberal Democratic Party (LDP), which has been battered by its perceived mishandling of the coronavirus pandemic. Already, Kishida has struggled to advance policies to help poorer people, while securing a big boost in military spending and taking a harder…

Manama: National Guard Staff Director Major General Shaikh Abdulaziz bin Saud Al Khalifa attended the “Kingdom Castle 1” Guard units’ exercises that is held from October 28 to November 2. The Staff Director affirmed that the exercise was implemented under the directives of National Guard President General His Highness Shaikh Mohammed bin Isa bin Salman Al Khalifa to raise the internal security level in  strengthening military cooperation to preserve and protect the country and meets the aspiration of His Majesty King Hamad bin Isa Al Khalifa, The Supreme Commander.  Shaikh Abdulaziz praised the efforts to enhance the National Guard efficiency in maintaining the security of…

Thiruvananthapuram: Southern Air Command conducted a 7.5 Km Unity Run, today (31 Oct 21) to commemorate the 75th anniversary of India’s independence – ‘Azadi Ka Amrit Mahotsav’. All Air Force personnel including civilian employees and their families of Southern Air Command Akkulam and Air Force Station Shangumugham participated in the event with full josh and enthusiasm. The unity run was flagged off by Air Marshal J Chalapati Air Officer Commanding-in-Chief at Southern Air Command Akkulam. Station Commander of Air Force Station Thiruvanthampuram flagged off the run at Shanghumugham Beach. On the occasion two air warriors, Sgt Noah Nirmal Tom and Sgt…

Riyadh: Saudi Arabia intends to bid to host the Expo 2030 world fair, Saudi Crown Prince Mohammed bin Salman said on Friday, part of the de facto ruler’s push to transform the kingdom’s economy and diversify it away from oil. The Saudi capital Riyadh has submitted a formal request to host Expo 2030 under the theme “The era of change: Leading the planet to a foresighted tomorrow”, a statement said, according to Reuters. Gulf neighbor and regional business hub the United Arab Emirates, which is increasingly in economic competition with Saudi Arabia, is currently hosting the Expo 2020 world fair, which…

Riyadh: The world’s largest oil company, Saudi Aramco, reported $30.4 billion in third-quarter net income on Sunday, bolstered by a surge in oil prices and recovery in demand as the coronavirus pandemic eases. Saudi Arabia’s majority state-owned oil giant Aramco said its net income more than doubled from $11.8 billion during the same three-month period a year earlier. Last year’s figure came after profits plunged dramatically as global coronavirus lockdowns slammed oil prices. Aramco CEO Amin Nasser described the company’s third-quarter results as “exceptional,” a result of “increased economic activity in key markets and a rebound in energy demand.” He acknowledged…