DP World opens FTWZ at Integrated Chennai Business ParkShare This News Story:CHENNAI : DP World, a global provider of supply chain solutions, on Tuesday announced the launch of operations at Integrated Chennai Business Park, the company’s free trade warehouse zone (FTWZ) at Manali, about 30 km north of Chennai. Once the facilities are fully ready in 3-4 years, about 4 million sq ft of warehouse space would be available, he said. The unit in Chennai is the largest of the three, at 125 acres and 2 million sq ft of warehouse space; in Mumbai, it is 85 acres (also 2 million sq ft) and in Kochi 10 acres (0.2 million sq ft), he said. The Chennai facility is located within a 40-km radius of key ports including Kattupalli (~15 km), Ennore (~11 km), and Chennai (~27 km). The four warehouses at the Chennai facility can collectively accommodate 17,000 pallet positions, enabling the handling of specialised and uneven shaped cargo.

The report emphasizes Tunisia’s improved external balance, its narrowing trade deficit supported by favorable international prices, and its external financing needs that remain significant. The report underscores the urgency of addressing the drivers behind the external financing challenges, including energy deficit, debt service, and level of capital inflows. Faced with tighter external financing conditions, Tunisia has increasingly relied on domestic banks — and more recently to the Central Bank – to finance its budget. With strategic investments, particularly in renewable energy, Tunisia could significantly enhance its economic resilience and sustainability,” said Alexandre Arrobbio, the World Bank’s Country Manager for Tunisia. This project aims to improve the resilience of the Tunisia’s electricity system and transform it into a net exporter of electricity.

Residents planning to put a sparkle on their cars ahead of the weekend may as well put away the bucket and sponge, as a combination of rain and dust from the Sahara will be casting a muddy pall over Greece’s sunny skies starting on Thursday afternoon. For Athens in particular, Meteo foresees overcast skies into the early hours of Saturday, with rain, and possible thunderstorms, making an appearance midday on Friday. Thursday’s daytime high of 23 degrees Celsius is expected to drop to 18C on Friday, before shooting back up to reach 27 Celsius on Sunday. Greece’s national weather service, EMY, meanwhile, has forecast rain and sporadic storms in the Aegean Sea on Thursday night and Friday, noting that these tempests may be particularly strong over the northern part of the archipelago. A similar warning of strong, sudden storms on Thursday and Friday has been issued for parts of mainland Greece – including Thessaly – and Evia.

Ms. Chopra's hire marks A&M's strategic move to enhance its presence in the consumer & retail sector. MUMBAI, INDIA, May 9, 2024 -- Embracing the growing opportunities in India's consumer sector, leading global professional services firm, Alvarez & Marsal India, announced the appointment of Delhi-based Aparna Chopra as Executive Director within the Retail and Consumer Products practice. Ms. Chopra has worked across multiple markets including India, the UK, EMEA, North Africa and Southeast Asia. “We are dedicated to nurturing exceptional talent that interweaves with our operational heritage and our results-driven, consulting mindset,” said, Rishav Jain, A&M India's Consumer & Retail practice leader. As a testament to her industry contributions, The Economic Times named Ms. Chopra among the 25 Women in Indian Business in 2015.

Senior Congress leader Sam Pitroda - whose comment last month about an inheritance tax in the United States sparked a massive fight with the ruling Bharatiya Janata Party - has triggered another row in his attempt to make a pitch for national unity. "The analogies given by Sam Pitroda to India's diversity are extremely wrong and unacceptable. (Please understand at least something about our country)" the senior BJP leader hit back at Mr Pitroda. "Sam Pitroda is Rahul Gandhi's mentor. It shows 'Congress ki Mohabbat ki Dukan actually has 'nafrat' and 'racism ka saman'..."#WATCH | Delhi: On Chairman of Indian Overseas Congress, Sam Pitroda's controversial "People in East look like Chinese, in South look like Africans..." remark, BJP leader Shehzad Poonawalla says, "This is a shocking, despicable and disgusting comment made by Sam Pitroda.

Abu Dhabi’s national oil company ADNOC has signed a new deal to supply LNG from a planned large export facility to a German firm. “We are delighted that EnBW has signed its first LNG contract in the Middle East with our experienced partner ADNOC. The deal with EnBW is the third long-term LNG supply agreement from the Ruwais LNG project. Earlier this year, Germany’s state-controlled firm Securing Energy for Europe (Sefe) signed a deal with ADNOC, under which Abu Dhabi’s company will supply LNG to Germany for 15 years beginning in 2028. ADVERTISEMENTFor ADNOC, the deal was yet another export outlet for its LNG project as the UAE’s giant looks to play a larger role in global LNG supply.

Video game experts at the International Congress of Arabic Publishing and Creative Industries explored how to translate Arabic culture into authentic gaming experiences. ‘Cross-Border Storytelling through Game Adaptations’ at the 2024 International Congress of Arabic Publishing and Creative Industries. Image: Publishing Perspectives, Hannah Johnson ‘Cross-Border Storytelling through Game Adaptations’ at the 2024 International Congress of Arabic Publishing and Creative Industries. Zaher said that this involves not only thinking about regional dialects and the diversity of the Arab world, but also integrating cultural details into gameplay. More About Congress PCIAt the 2024 International Congress of Arabic Publishing and Creative Industries.

GE Vernova and the Africa Finance Corporation (AFC) recently invested $24.3 million dollars in the undersea cable Morocco-UK Power Project. The strike price typically refers to the price at which a renewable energy project will sell its generated electricity to a government or utility company. “The increase in the Xlinks’ guidance on the Morocco-UK Power Project strike price is broadly in line with what we are seeing in CfD estimations. Morocco-UK subsea cables energy project secures early development fundingMorocco-UK project to supply clean energy to millions of him in BritainXlinks said previously that once completed, the Project’s wind and solar generation, combined with flexible battery storage, is expected to supply 3.6GW of clean energy to the UK. “Xlinks’ Morocco-UK Power Project exemplifies this pivotal role, showcasing Africa’s capability to fuel Europe’s shift to sustainable energy while simultaneously addressing urgent climate challenges.

DEKWANEH, Lebanon (AP) — If the monthslong conflict playing out on the Lebanese-Israeli border continues to escalate, the United Nations food agency won’t be ready for the spike in nutritional needs across crisis-hit Lebanon, its deputy executive director said Wednesday. “So far we’ve been able to manage based on the existing resources we have,” UN World Food Program’s Carl Skau, who is on a brief visit to the small Mediterranean nation, told The Associated Press. The WFP provides aid to over 158,000 people in Lebanon affected by the hostilities, including 93,000 displaced from their homes. Food inflation in Lebanon is among the worst worldwide, which Skau said is incomparable except with “maybe Zimbabwe or Argentina.”The conflict on the border is fueling further concern. Israeli jets continue to strike deeper into Lebanon, while Hezbollah, a Hamas ally, strikes Israel more frequently with rockets and explosive drones.

Mining on Top Africa (#MOTA), the 7th Annual African Mining Congress will return once again to Paris, France for a crucial pre-Olympics meeting of the industry’s highest level mining decision makers. The world’s exponential need for critical minerals is providing momentum for the continent to capitalise on its vast resources. The main battery minerals, essential for global green and digital transitions, plus defence and space technologies are crucial to these ambitions. About AMETRADEWe are the leading independent business to business event organiser in Africa, with over 20 years of working experience in over 30 countries. With a commitment to fostering sustainable practices, technological innovation, and responsible mining, MOTA is a key platform for shaping the trajectory of the mining sector on the continent.

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The Algerian regime is set on using the penal code to curb freedom of speech with the introduction of amendments that threaten with life imprisonment anyone who leaks security or economic documents or information. The new law comes as Algerian journalists in exile continue to unveil the endemic corruption and failed policies of Tebboune’s administration and his military mentors. Another amendment that shows both the control of the army on the judiciary and the irrational mindset of the military regime. Human Rights activist, Zaki Hannache, estimates the number of prisoners of free speech, currently in jail on charges of “terrorism”, at 228 at least. At least 260 Hirak activists have also received jail terms due to article 87 which considers peaceful calls for regime change as unconstitutional assimilating them to terrorist acts.

Tunisia’s Olympic 400-metre freestyle champion Ahmed Hafnaoui is unlikely to defend his title at this year’s Games in Paris due to an injury. The 21-year-old’s participation at the Paris Olympics was cast in doubt after Mehrez Bousyan, head of the Tunisian Olympic Committee, told a locally televised sports programme that Hafnaoui will miss “a significant portion” of the Games, according to Africa Aquatics. “I’m currently suffering from an injury, and I don’t know whether or not I will participate in the Olympics,” the 21-year-old Tunisian swimmer told AFP news agency on Wednesday. Hafnaoui went on to win the 800-metre and 1,500-metre freestyle titles at last year’s World Championships in Fukuoka, Japan. If he swims in Paris this year, he has a chance to match Tunisia’s top Olympic swimmer Oussama Mellouli, who won two golds and a bronze in the 2008 and 2012 Games.

Dubai’s DP World, a global provider of supply chain solutions, on Tuesday announced the launch of operations at Integrated Chennai Business Park, the company’s free trade warehouse zone (FTWZ) at Manali, about 30 km north of Chennai. The third, inside the Kochi Port container terminal, which is operated by DP World, will be ready soon, he told mediapersons at the facility in Manali. Once the facilities are fully ready in 3-4 years, about 4 million sq ft of warehouse space would be available, he said. The Chennai facility is located within a 40-km radius of key ports including Kattupalli (~15 km), Ennore (~11 km), and Chennai (~27 km). The four warehouses at the Chennai facility can collectively accommodate 17,000 pallet positions, enabling the handling of specialised and uneven shaped cargo.

Nigerian digital identity solutions provider Seamfix has raised US$4.5 million in funding to scale its technology infrastructure, improve data flow crucial for continental trade and integration, and kickstart the expansion of its digital ID and credential services into five new African countries. Founded by Chimezie Emewulu and Chibuzor Onwurah, Seamfix provides identity management, data capture and process automation solutions for large businesses and government agencies across the world. It is now planning further growth and expansion after securing US$4.5 million in funding from Alitheia IDF, a US$100 million gender-lens fund that identifies, invests in, and grows SMEs led by gender-diverse teams. The new funding represents Seamfix’s first institutional investment, and will enable the company to expand its services to Ghana, Kenya, South Africa, Ethiopia, and Uganda. “We are thrilled to announce this new funding, which marks a significant milestone in our journey of shaping the future of digital ID verification in Africa and connecting Africa to the rest of the world.