Open SESAME: Science Centre Inaugurated in Jordan

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Jordan’s King Abdullah II (L) attends the launch of The International Centre for Synchrotron-Light for Experimental Science and Applications in the Middle East (SESAME), an international research centre northwest of Amman, on May 16, 2017. PHOTO: Jordanian Royal Court / AFP / HO

Jordan’s King Abdullah II on Tuesday formally launched an international research centre whose members include experts from around the world including arch-rivals Iran and Israel.

The International Centre for Synchrotron-Light for Experimental Science and Applications in the Middle East, known by the acronym SESAME, “is the first research centre of its kind in the region,” said the royal court.

SESAME council president Chris Llewellyn Smith said the centre, located in Balqa province just northwest of Amman, was “the fulfilment of many hopes and dreams”.

“The opening is an occasion to look forward to the science that SESAME will produce, using photons provided by what will soon be the world’s first accelerator powered solely by renewable energy.”

SESAME was set up on the model of the European Organization for Nuclear Research (CERN) — Europe’s top physics laboratory — and construction work on the $100 million centre started in 2003.

It was developed under the auspices of UNESCO and officially came into existence in April 2004.

Jordan was chosen from among five countries for the project, which was funded mostly by the member countries and the European Union.

The project’s website says that SESAME is a “third-generation” synchrotron light source aimed at promoting “scientific and technological excellence in the Middle East”.

Its mission is to “prevent or reverse the brain drain by enabling world-class scientific research in subjects ranging from biology, archaeology and medical sciences.”

SESAME also seeks to “build scientific and cultural bridges between diverse societies, and contribute to a culture of peace through international cooperation in science,” the website says.

Among the project’s members are arch-rivals Israel and Iran, in addition to Cyprus, Egypt, Jordan, Pakistan, Turkey and the Palestinian Authority.

Despite their deep hostilities, experts from Israel and Iran have served two-year terms as vice presidents of the SESAME council.

In 2010, one Iranian member of SESAME, Majid Shahriari, was killed in Tehran, with Iran accusing Israel of assassinating the nuclear scientist.

Seyed Mahmoud Reza Aghamiri served as vice president from December 2011 to May 2014 when Eliezer Rabinovici, a physics professor at Jerusalem’s Hebrew University, replaced him.

Members Cyprus and Turkey also do not have diplomatic relations, like Iran and Israel.

The centre also has 17 observers, who have an advisory role and include the European Union, China and the United States.

The Jordanian king was given a tour of the facility on Tuesday and was briefed on the technology used there, the royal court said in a statement.

Synchrotron uses a high-resolution X-ray to delve below the surface and identify minute details.

The centre has three accelerators that can propel electrons up to 2.5 billion electron volts.

“In building SESAME we had to overcome major financial, technological and political challenges,” SESAME director Khaled Toukan said.

Originally published by AFP.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Istanbul Bookshop That Transports Young Syrians Back Home

Tucked in a corner across from Istanbul’s Kariye museum is a haven for young Syrians who want to do one simple thing: read. Pages, a bookstore and cafe, represents one man’s ambitious quest to change the lives of Syrian youth.

“I’m incredibly happy,” said Samer al-Kadri, 42, founder of the first Arabic bookstore in the city. “I get to meet this generation, between 18 and 25 years old. This generation is surprising me with their understanding, their openness, their dialogue.”

More than three million refugees, the vast majority of them Syrian, live in Turkey. With Pages, Kadri hopes to create a space for young Syrians curious about the world, who want to escape the isolation of refugee life, and, for a fleeting moment, pretend they are back in their homeland.

The tunes of the Lebanese singer Fairuz waft through the air of the cosy interior, books lined along shelves that Kadri built with his own hands, a labour of love that has meant he hasn’t taken a holiday for nearly a year.

Here young children can come and read all the books available for free, or borrow as many as they want, for as little as 20 lire (£4.80) a month. Syrian men and women drink coffee as they write, study and read under the sunlight streaming through the windows, and in the evenings they attend music performances, movie nights, workshops and exhibits.

“It’s a place where we can have conversations as Syrians with each other once again, to have dialogue, to accept each other, to change our mentality that was closed in on Syria only, and didn’t see the outside world,” said Kadri.

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Pages bookstore and cafe in Istanbul, Turkey

For all the tragedies of the Syrian war, with more than 400,000 dead in five years of conflict and half the country’s population displaced at home or abroad, Kadri sees a small silver lining.

“Despite all the tragedy in Syria, there was one aspect that I think is positive for Syria’s future,” he said. “It let Syrians emerge from this shell that they were living in. A lot of things changed. A lot of young men and women have changed their way of thinking, and this new generation, some of it has been destroyed and some have been changed or are growing up in a different way, more open. Syrians have learned a lot more about the world.”

Kadri was just eight when the forces of Hafez al-Assad, the father of Syria’s current president, stormed his home city of Hama in 1982, levelling it with extraordinary brutality in less than a month as collective punishment for a brief rebellion.

He recalled an episode where government troops lined several men in a neighbourhood against a wall, shooting one and letting another survive, and the scene as his family trudged out of the city, with bodies lining the streets.

After moving to Damascus, Kadri graduated with a fine arts degree and became a graphic designer, setting up an advertising agency and a publishing house dedicated to children’s books, called Bright Fingers.

When the revolution erupted in Syria in 2011, he spoke abroad about the people’s struggle and their oppression by the Assad regime, though he stayed away from demonstrations.

While on a trip to Abu Dhabi in 2012, he learned that security forces had raided his publishing house, accusing him of supporting terrorist activities, a common charge against those opposed to the government. He moved to Amman, and fell in love with Istanbul during a short visit to the city.

During the Guardian’s visit, he was interrupted by a group of young children who had been touring the bookstore. “We made this place for you,” he told them. “It’s a place that you can always come to.”

One of the children replied: “I felt like I was in Syria with all these Arabic books, and you can read them all for free.” One teenager asked Kadri to stock books about astronomy because he loved space, and another asked for a biography of Khalid ibn al-Walid, one of early Islam’s legendary warriors who led its early conquests in Asia.

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Samer al-Kadri, creator of the bookstore Pages in Istanbul, Turkey

“The purpose of this visit is so they can read and to impress on them the importance of libraries,” said Jihad Bakr, who teaches Turkish to Syrian children at a local school and was supervising the visit. “They need to know a different face of the society, to see their own Syrian community from a different perspective. Syria is not just war and what their families know. We have art and culture.”

It is a common theme for Kadri, who sees little hope in changing the mentality of his own generation but believes there is potential for instilling a love of learning and curiosity among the young clientele who visit Pages, where he works 11 hours a day for seven days a week.

He also sees it as a way of removing those who sought refuge in Istanbul from the isolation of refugee life, to introduce Turks to a different perspective on Syrians (many Turks and Kurds also visit the bookshop, which stocks Turkish and English books) and to show the international media that Syrians should not be defined just as victims or perpetrators of violence.

“I’m tired of this view that Syrians are Daesh [an Arabic term for Isis], are murderers, or are just starving,” he said. “There are a lot of victims and people who are starving, who have lost everything. But there’s also another side that people don’t want to see. We want people to write about something different.”

Among the most popular books at Pages are translations of Elif Şafak’s novel The Forty Rules of Love, which tells the story of the legendary Persian poet Rumi, as well The Shell, a memoir by the Syrian writer Mustafa Khalifa detailing his torture and detention in the notorious prison of Palmyra.

The translated works of George Orwell are also popular, particularly Animal Farm and 1984, the dystopian fictional worlds of which bear a striking resemblance to Assad’s police state.

“In the end this is a huge tragedy and you can’t really escape it completely,” said Kadri. “You can’t write about love without linking it to the catastrophe in Syria. It’s your daily life and occupies every moment of it.”

Kadri is hoping to start a branch of his bookstore in Berlin to cater to the refugee community there, and is setting up a new publishing house that will be dedicated to debut novels by young Syrian and Arab writers to be sold throughout the Middle East, and he is working with Turkish publishing houses to translate the novels into the local language. None of the ventures are profitable.

But though it is hard work, what matters to him more is the effort to mould a new generation. “We are not able to change, but we can help the next generation change for the better,” he said. “My message to the world is don’t judge Syrians as one bloc. You wouldn’t want us to judge an entire society as one. Look and observe well, and determine the reality for yourself.”

Originally published by The Guardian.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Gulf Markets Move Sideways In Early Trade

Gulf stock markets moved sideways in early trade on Monday with little fresh corporate news to spur buying, while uncertainty over oil prices also deterred some investors.

Saudi Arabia’s index was flat after 70 minutes of trade with most petrochemical companies little changed and the banking sector index edging down.

Real estate developer Jabal Omar gained 1.4 percent after saying it had ended a contract with builder Saudi Binladin Group, settling an outstanding 196 million riyal ($52.3 million) debt to Binladin by transferring to it ownership of units in a project.

Dubai’s index edged down 0.1 percent as Union Properties, the most heavily traded stock, pulled back 2.5 percent after leaping 11.4 percent on Sunday.

Abu Dhabi’s index dropped 0.6 percent as telecommunications blue chip Etisalat fell by the same amount, while Qatar edged down 0.3 percent as Qatar National Bank lost 0.5 percent.

Brent crude oil dropped 1.4 percent to below $47 a barrel in Asian trade on fears that producer countries meeting this week could fail to agree on a meaningful output cut.

Saudi Arabia’s energy minister, Khalid al-Falih, said on Sunday night that he believed the oil market would balance itself in 2017 even if producers did not intervene, and that keeping output at current levels could therefore be justified.

Originally published by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

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Kuwait Starts Up Its First Solar Power Plant

Kuwait began operating its first-ever solar power plant on Wednesday at the Umm Gudair oil field, a landmark for the OPEC member country as it seeks to diversify its sources of energy to meet fast-rising local demand.

The 30-million Kuwaiti dinar ($99 million) project, Sidrah 500, will produce 10 megawatts (MW) of electricity, half of which will be supplied to the public electricity network.

The other half will be used to supply the oil field itself, which is owned by Kuwait Oil Company (KOC), a subsidiary of state-run Kuwait Petroleum Corporation (IPO-KUWP.KW) (KPC).

Kuwait announced plans last year to generate 15 percent of its energy needs via renewable sources by 2030.

Consumption of electricity is rising rapidly in Kuwait, as throughout the rest of the Gulf region. The country’s electricity and water minister estimated last year that demand would reach 30,000 MW per day by 2030.

In a speech at the project launch, KOC chief executive Jamal Ja’afar told reporters that Sidrah 500 represented the country’s first step toward that goal.

“We hope that by 2020 we can make 20 percent of the electricity which will be needed to run KOC from alternative energy,” he said.

The opening of the plant follows increased interest in renewables in Kuwait and across the Gulf region in recent years, as the scale of the consumption challenge has become clear.

The Kuwait Institute for Scientific Research signed a contract last year with Spain’s TSK to establish the country’s first solar thermal energy plant, with a planned production capacity of 50 MW.

The institute’s Shaqaya initiative is also planning solar and wind projects in the northwest of the country.

Abu Dhabi-based green energy firm Masdar has invested more than $1.7 billion in renewable energy projects since it was established a decade ago. ($1 = 0.3028 Kuwaiti dinars).

Originally published by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

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Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
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Israel Looks for Firms to Build its Largest Solar Power Facility

Israel is planning a tender for building its largest ever solar power facility, which will have a capacity of up to 500 megawatts, in the southern Negev desert.

The photovoltaic (PV) field will be “unprecedented” in size for Israel, covering about 6 square kilometers (2.3 square miles) of land near the town of Dimona, the Finance Ministry said in a statement on Monday.

The project will be handled as a Public Private Partnership, the ministry said, in which a company that wins the tender will fund, build and operate the facility for a pre-determined period, after which it will be handed over to the state at no cost.

The statement did not specify whether the facility will be comprised of a single power station or a number of smaller ones.

The government will publish in the coming months an announcement regarding the pre-qualification round.

The Finance Ministry also said 10 groups have been approved to take part in a tender to build and operate a second, smaller 40 megawatt PV station nearby, in the desert town of Ashalim. That field is expected to come online by the end of 2018.

Both projects are part of an Israeli push to have 10 percent of its energy production come from renewable sources by 2020.

Originally published by Reuters.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
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Saudi Arabia to Send Four Female Athletes to Rio Olympics

Announcement of female team follows separate release about male squad amid ongoing sensitivity about the issue in the Gulf kingdom.

The Saudi Olympic committee has approved four female athletes to compete as part of the conservative Gulf kingdom’s team at the Rio games starting in August.

Sara Al-Attar, Lubna Al-Omair, Cariman Abu Al-Jadail and Wujud Fahmi will become only the second group of women Olympians to represent Saudi Arabia, where women are barred from driving and are subject to a restrictive male guardianship system.

But the historic decision was complicated by the kingdom’s thorny gender politics, as the official announcement of the Olympic team named only the seven men who would compete.

The announcements of the names of the male and female team members were made separately given the sensitivities regarding gender segregation and women’s athletics in Saudi Arabia, said Saudi Olympic committee chief executive Hosam Alqurashi.

The four women will be given wildcard entries so they can compete without meeting formal qualification standards, a spokesman said.

Saudia Arabia entered two women under a similar arrangement for the 2012 Olympics in London in what was a symbolic first for the Islamic nation.

Attar is a veteran of the London games, where she ran in the 800m. She will be joined in Rio by another runner, Abu Al-Jadail, who will run in the 100 metres. Omair will participate in fencing, while Fahmi will be in the under-52kg judo event.

Women in Saudi Arabia face significant hurdles to take part in sport. They must wear head-to-toe garments in public, observe strict rules on gender segregation and obtain permission from a male guardian to travel, study or marry.

Women’s gyms are not currently eligible for licences, making them scarce in the kingdom. Saudi Arabia’s recently announced package of economic reforms set out the licensing of women’s “sports halls” as a goal to be achieved by 2020.

Originally published by the Guardian.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
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Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
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For Any / All Other Queries :
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Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
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Could UAE Solar Push Lead A Trend For the Gulf?

As the Gulf states take steps to expand their use of clean energy, a bold plan by the United Arab Emirates to boost its use of renewable electricity from less than 1 percent to 24 percent in the next five years could be a game-changer for the region, experts say.

Much of the world is moving away from oil for its electricity generation, according to the International Energy Agency (IEA), which says that globally the fossil fuel has dropped from a 25 percent share to 3.6 percent over the last four decades.

Countries in the Middle East, however, have been bucking the trend. The IEA predicts that by 2019, the region – which holds one-third of the world’s proven crude oil reserves – will still be generating nearly one-third of its electricity from oil, with Kuwait and Saudi Arabia leading the way.

But dropping oil prices and growing concerns about climate change have exposed the downsides of relying on oil. As the Gulf’s demand for power continues to rise, the UAE is leading the way in shifting to greener energy resources.

“The implications of unmitigated climate change for the UAE make its cities unbearably hot, water even more scarce and the region more unstable,” Rachel Kyte, the CEO of the United Nations’ Sustainable Energy for All initiative, told the Thomson Reuters Foundation.

“Action alone and collectively to live in balance with the planet is fundamental for UAE’s future prosperity,” she said.

SOLAR GIANT?

At the Middle East and North Africa Renewable Energy Conference in Kuwait in April, the Gulf Cooperation Council (GCC) states – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE – pledged to mobilize $100 billion into renewable energy projects over the next 20 years.

One of the projects in the UAE’s renewables push is the $13.6 billion Mohammed bin Rashid Al Maktoum Solar Park in Dubai, which aims to become the biggest solar power plant in the Middle East.

It is expected to generate 5 gigawatts of electricity – enough to power 1.5 million homes – by 2030.

Dubai also plans to install around 100 electric car charging stations as part of its Green Charger Initiative.

By 2050, Dubai wants to reduce its carbon emissions by 6.5 million tons every year, with the aim of becoming the city with the world’s lowest carbon footprint, according to the Dubai Electricity and Water Authority.

Meanwhile, Saudi Arabia has said it wants to add another 9.5 GW of renewable energy capacity to its current capacity of 80 GW by 2030, and Oman’s power sector regulator, the Authority for Electricity Regulation Oman, has announced it will expand rooftop soar installations across residential homes, industrial and commercial buildings.

In Qatar, French energy giant Total SA has announced a joint venture worth $500 million with state-run petroleum, electricity and water companies to develop a solar-power project with a capacity of 1,000 megawatts (MW).

And with a 70 MW solar project due to be operational by 2017, Kuwait plans to meet 15 percent of its energy needs with renewables by 2030, according to the Kuwait Institute of Scientific Research.

“Diversification is key,” said Kyte. “The speed with which previously oil-dependent countries embrace diversification will be a factor in how well they thrive during the energy transition that is now underway.”

GROWING DEMAND FOR POWER

It won’t be easy for the Gulf to wean itself off of fossil fuels. In a report released earlier this month, the Arab Petroleum Investments Corporation, a multilateral development bank, said the Gulf Cooperation Council states need to add 69 GW of electrical production to their current total capacity of 148 GW in the next five years to meet demand.

Member states currently rely on hydrocarbon exports for 80 percent of their revenue. The global collapse in oil prices has rocked the region, which lost $287 billion in oil export income – almost 21 percent of GDP – in 2015, according to the International Monetary Fund.

But experts say the sunny region is in a prime position to use renewable energy – particularly solar power – both to meet its own energy needs and bring in much-needed revenue.

The region already has some of the infrastructure it needs to become a major clean-power hub. The Gulf Cooperation Council countries are linked by a 1,200-km electrical grid, built to help provide backup power in case of a blackout in one part of the system.

Expanded to other countries, that electricity highway could be the backbone of future power trading, experts say.

“The Gulf has an exportable resource in solar energy that could eventually be on a comparable level to oil and gas,” said Jonathan Walters, a former director at the World Bank.

“Low oil prices might impel Gulf countries to find alternative exports,” he said. And if prices rise again, domestic use of solar could soar, he said.

Experts said they hope the rest of the Gulf States will look to the UAE as an example of how to tap into clean energy’s potential.

“Low oil prices … and the need for clean air and secure supply chains of food and water all reinforce the wisdom of the UAE in taking a long-term view and moving to be a leader in renewable energy and energy productivity,” Kyte said.

“Now we hope the UAE can share its lessons in the GCC and across the developing world,” she said.

Originally published by Reuters – with credit to the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers humanitarian news, climate change, women’s rights, trafficking and property rights. Visit news.trust.org/climate.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all investment matters ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialised units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
Email : mena@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Cybercrime Gang Targeting MENA Governments’ Organisations – Security Advice by CWIIL Group

Kaspersky Lab has warned of an increase in activity by an Arabic-speaking cybercriminal group which targets government organisations in the MENA region.

The ‘Gaza Cybergang’ has been active since 2012, but has been particularly active in the second and third quarters of this year.

The attackers focus on government entities, especially embassies, primarily targeting IT and incident response staff by sending them malware files. The group has attacked government entities in countries including Egypt, the UAE and Yemen.

The Gaza Cybergang actively sends malware files to information technology (IT) and incident response (IR) staff. Kaspersky Lab experts suspect that the reason behind targeting IT personnel has to do with the fact that they are known to have more access and permissions inside their organisations than other employees, mainly because they need to manage and operate the infrastructure.

Similarly, IR staff may be targeted for having access to sensitive data related to ongoing cyber investigations in their organisations, as well as special access and permissions enabling them to hunt for malicious or suspicious activities on the network.

Despite the fact they are targeting high-level entities such as government bodies, the Gaza team uses well-known remote administration tools (RAT) – XtremeRAT and PoisonIvy – spreading infections via phishing scams. Using simple infection tools, they successfully hit their targets with crafted social engineering tricks, using special file names, content and domain names that help the group in their hunt for targets.

“According to the list of targets, which includes government entities in the Middle East and North Africa region, we’re witnessing politically motivated cyberattacks. By gaining control of computers with greater access to the system, the cybercriminals increase their chances of stealing valuable information and are much more likely to cause significant damage. As attribution is the most complicated – often impossible – task when analysing a malicious cyber-campaign, we don’t as yet know who is behind it,” said Mohammad Amin Hasbini, senior security researcher, Global Research & Analysis Team, Kaspersky Lab.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all matters relating to security ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable security advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
Email : mena@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

Dubai Airport August Traffic Up 9.5% – Investment Advice from CWIIL Group of Companies

Dubai International Airport’s passenger numbers rose 9.5 per cent in August, its operator said on Wednesday, as capacity rose and residents returned from Eid holidays through one of the world’s busiest airport by international traffic.

Traffic rose to 7.28 million passengers from 6.65 million a year earlier, the airport operator said, taking the total so far this year to 52.3 million, up 12.4 per cent.

Growth in traffic was propelled by inbound traffic of residents returning from late-July Eid holidays, as well as by increased capacity to regions of North America, Russia and Commonwealth of Independent States by airlines Emirates and flydubai.

The heaviest traffic was on routes to the Indian subcontinent and the United Kingdom.

Cargo volumes rose 5.3 per cent in August to 207,427 tonnes. Some cargo operations have moved to Al Maktoum International – Dubai World Central (DWC).

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all matters relating to investment ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
Email : mena@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.

HSBC Middle East to Move Head Office to Dubai from Jersey – Specialized Advice from CWIIL Group

HSBC Holdings’ Middle East business is to move its head office from Jersey to Dubai’s financial free zone next year, the bank said on Thursday.

Mohammad al-Tuwaijri, deputy chairman and chief executive of HSBC in the Middle East and North Africa, said the bank had been considering the move for some time.

He said in a statement it made sense for HSBC Bank Middle East’s business to be regulated in Dubai.

The bank said the move, which means it will be regulated by the Dubai Financial Services Authority, would not affect its customers or its regulatory relationships in other countries outside of the United Arab Emirates.

The Dubai International Financial Centre, set up in 2004, has its own labour laws and court system separate from the wider UAE.

Since opening, it has become the most prominent financial hub in the Middle East, with many international banks, law and advisory firms and insurance companies using it as their regional base. HSBC Private Bank has been based there since 2006.

These materials are not intended and should not be used as legal advice or other recommendation. If you need a legal opinion on a specific issue or factual situation, please contact a lawyer. Anyone using these materials should not rely on them as a substitute for legal advice.

Remember, no problem has a quick fix solution. Thus, always ensure to consult highly knowledgeable group of professionals whom would provide you with a collective advice, never individual advice. This group advice and approach is unique with CWIIL Group and is based on the overall Management Philosophy of all CWIIL Group Companies.

Consulting CWIIL Group of Companies, for any / all matters relating to investment ensures advice based on highest level of knowledge which are given to you by a team of select research-oriented experts whom each will do their own assessment of your matter, and also assess it together, thus ensuring that in case a mistake has been made by one, it will be noticed and corrected even before it is being passed on to you. Receiving incorrect and un-knowledgeable investment advice can be disastrous and thus should be avoided.

CWIIL Group of Companies is a global group of multi-specialized units with diversified interests and activities, wherein each company is a separate legal entity registered under prevailing laws in different parts of the world. CWIIL Group of Companies Products, Services, Project and Solutions are in a multitude of Verticals including, but not limited to, Infrastructure, Power, Oil & Gas, Legal, Media, Technology, ITES, HR, Shipping, Aviation, Real Estate, Hospitals, Health and Medicine, Education, Funding & Investment, Business and Legal Consultancy, and Public Private Partnerships, and other CWIIL Group Units, worldwide, to name a few.

For Further Queries Feel Free to Contact :

Mr. Mohammad Mukhtar Mustafa,
Deputy Global Director, No. 4,
Strategic Business & Intelligence Division,
Email : deputy.gd.4@cwiilgroup.eu
Voice : +45.8176.1923
Connect : LinkedIn – Twitter – Facebook – Quora

For Queries Specific to Middle East & North Africa :
Email : mena@cwiilgroup.com , hq@cwiilgroup.eu
Web : www.cwiilgroup.com , www.cwiilgroup.eu

For Any / All Other Queries :
CWIIL Group Global Regional Headquarters Denmark,
Address : No. 1, Klokkebjergevej, DK6900 Skjern, Denmark
Voice : +45.5148.3608
Fax : +45.7014.1498
Email : corpcomm@cwiilgroup.eu
Web : www.cwiilgroup.eu
Connect : LinkedIn – Twitter – Facebook – Quora

Office Hours :
Monday to Friday : 10.00 – 17.00 CET.
Saturday : 10.00 – 14.00 CET.
Sunday : Closed.

The Corporate Communications Team would require minimum a fortnight for Reviewing & Responding to Queries, which please note.