G-15 News

Kenya Jambojet to Fulfill Requirements for Direct Flight to Somalia

Admin 0 business, english, Kenya, somalia 20:22

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</div>Jambojet has put on hold plans to launch direct flights from Nairobi’s Jomo Kenyatta<span style="letter-spacing: 0.2px;"> International Airport (JKIA) to Somali capital Mogadishu due to high insurance needed to ply the route.</span></div><div><span style="letter-spacing: 0.2px;"><br></span></div><div>The budget carrier, a subsidiary on national carrier Kenya Airways, was to launch its direct flight to Aden Adde International Airport, Mogadishu this year in a move that was expected to boost trade with Somalia.</div><div><br></div><div>The airline’s acting managing director Karanja Ndegwa, said Mogadishu flights have been put on ice until the airline meets Somalia Aviation Authority’s insurance requirements.</div><div><b><u><br></u></b></div><div><b><u><a href="https://www.businessdailyafrica.com/corporate/companies/Insurance-hurdle-to-slow-Jambojet-direct-Somalia/4003102-5595788-je4wg5/index.html">Read more</a></u></b></div>

Kenya Jambojet to Fulfill Requirements for Direct Flight to Somalia

Jambojet has put on hold plans to launch direct flights from Nairobi’s Jomo Kenyatta International Airport (JKIA) to Somali cap...

Iran Opens a Supermarket in Venezuela With High-Tech Covid Defenses

Admin 0 business, english, Iran, Venezuela 10:00

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</div><br></div><div><br></div><div>But it is the first one owned by a company in Iran, one of the few countries helping Venezuela President Nicolas Maduro evade U.S. sanctions. And it comes equipped with a kind of high-tech Covid shield -- an airport-scanner-like booth that measures shoppers’ temperatures and sprays them with disinfectant mist.</div><div><br></div><div><b><u><a href="https://www.bloomberg.com/news/articles/2020-07-30/backing-maduro-iran-opens-covid-proof-supermarket-in-venezuela">Read more</a></u></b></div>

Iran Opens a Supermarket in Venezuela With High-Tech Covid Defenses

But it is the first one owned by a company in Iran, one of the few countries helping Venezuela President Nicolas Maduro evade U....

The Rise of Syrian Entrepreneurship

Admin 0 english 17:29

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</div>Think of the Syrian economy and the first issues that come to mind are sanctions, hyperinflation, unemployment and poverty — but not entrepreneurship.</div><div><br></div><div>Surprisingly, however, although the war has taken a toll on business, entrepreneurs are thriving. And even more surprisingly, many of them are women.</div><div><br></div><div>A report this year suggests that 17.6 percent of entrepreneurs tried to work on new startup ideas in 2015, and the figure climbed to 31.2 percent in 2016. In addition, women now comprise 22.4 percent of entrepreneurs in Syria, compared with only 4.4 percent in 2009.</div><div><br></div><div>“This increase was triggered by the growing role that Syrian women have been playing in society as breadwinners and supporters of their families, while many of the men have been forced to either flee or join the armed conflict,” said Ahmad Sufyan Bayram, a Syrian researcher and social entrepreneur who compiled the report from interviews with 268 experts and Syrian entrepreneurs.</div><div><br></div><div><b><u><a href="https://www.arabnews.com/node/1208666/middle-east">Read more</a></u></b></div>

The Rise of Syrian Entrepreneurship

Think of the Syrian economy and the first issues that come to mind are sanctions, hyperinflation, unemployment and poverty — but...

Nominations Open for Hamdan-ICESCO Prize for Distinguished Academic

Admin 0 english 16:22

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</div>The Islamic World Educational, Scientific and Cultural Organization (ICESCO) and Hamdan bin Rashid Al Maktoum Foundation for Distinguished Academic Performance announced the call for nomination for the 2nd Edition of Hamdan– ICESCO Prize for Voluntary Development of Education Facilities in the Islamic World Countries (2020-2021), dedicated to countering the COVID-19 pandemic.</div><div><br></div><div>On this occasion, Dr. Salim M. AlMalik, ICESCO Director-General, reaffirmed ICESCO’s support to the projects and programmes which contribute to countering the repercussions of this crisis and its significant impact on the educational system by gearing efforts towards the fight against the COVID-19 pandemic and promotion of innovation to serve education.</div><div><b><u><br></u></b></div><div>https://www.icesco.org/en/2020/07/08/nominations-open-for-hamdan-icesco-prize-for-distinguished-academic/<br></div>

Nominations Open for Hamdan-ICESCO Prize for Distinguished Academic

The Islamic World Educational, Scientific and Cultural Organization (ICESCO) and Hamdan bin Rashid Al Maktoum Foundation for Dis...

UAE Keen to Partake in Indonesian SWF Fund

Admin 0 english, Indonesia 05:06

UAE Keen to Partake in Indonesian SWF Fund

illustration Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, expressed interest to participate in the construction of...

Egypt-Sudan Electricity Linkage Step Towards African Power Grid

Admin 0 Egypt, english 04:16

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The Egyptian-Sudanese electricity linkage is a serious step towards similar linkages with other African nations, said the political adviser of the African Parliament's head.<br />
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Mostafa al-Guindy, an Egyptian lawmaker and head of the parliamentary block of North Africa, said such linkages will turn Egypt into a regional hub for the exchange of power, especially that the country succeeded in creating a surplus of electricity.<br />
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Several African countries urgently need electricity, hence the paramount importance of a power network that connects the states in the continent, Guindy said, adding that such a project would sustain electrical power for all participating countries.<br />
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He called on African governments to facilitate the requirements of the hopeful project, as well as Egypt's other direction to establish a network of roads and railways connecting African countries to achieve economic and commercial integration and investment projects in different fields.<br />
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Minister of Electricity and Renewable Energy announced that electricity linkage with Sudan started experimental operation on Sunday, planning to official launch the project in a ceremony by the end of this week.<br />
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The capacity of the first phase being operated is 50 megawatts. The Egyptian Electricity Transmission Company has completed the construction of the 300-megawatt electrical connection line with Sudan. The extension of Toshky transmission plant, which is a double circuit transmission line stretching over 170 kilometers with a capacity of 220/66 kV, has been established and linked with Sudan’s Wadi Halfa in collaboration with Siemens. The first phase of the linkage was due to enter service in March but has been delayed.<br />
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Chairperson of the Egyptian Electricity Transmission Co. (EETC) Sabah Mashaly indicated in a press release in February that the cost of the project is LE32, 550, 000 and €562500. The statement explained that the network consists of air-insulated substations (AIS) to inhibit power loss. The amount of electricity to be transmitted is estimated to be 400 megawatts.<br />
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An official from the Ministry of Electricity pointed out that the Egyptian Electricity Transmission Co. finished the overhead power lines in a record time of less than six months, revealing that experts from both countries are exchanging visits to accelerate the final works in the project.<br />
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The following phases will enter service gradually in tandem with the rate of accomplishment on the Sudanese side, a source at the Ministry of Electricity and Renewable Energy told Egypt Today.</div>