Category: General

RAS AL KHAIMAH: A leading Indian manufacturer of power cable joining kits, Al Yamuna Densons is expanding its facility in Ras Al Khaimah with an investment of AED35 million to boost its regional operations. The construction in the Al Hamra Industrial Zone is set to be completed by May, taking the total area to 15,000 m2 and annual production capacity to half a million kits.

Founded over 50 years ago, Al Yamuna Densons established its assembling unit in Ras Al Khaimah Economic Zone (RAKEZ) in 2013. Since then, the company has provided innovative solutions for the power distribution industry, catering to markets in the UAE, Oman, KSA, Kuwait, Bahrain, Algeria, Egypt and Malaysia. Some of the UAE clients the company caters to include Abu Dhabi Distribution Co., Al Ain Distribution Company, Dubai Electricity and Water Authority, Etihad Water and Electricity, and Sharjah Electricity and Water Authority. Other major clients in the region are – Saudi Electricity Company, Sonelgaz in Algeria, Electricity and Wat
er Authority Bahrain, Ministry of Electricity and Water in Kuwait, Electricity Distribution Company in Jordan, and Muscat Electricity and Distribution Company in Oman, among others.

This major expansion marks a significant milestone in the company’s operational capabilities as the Ras Al Khaimah unit was earlier assembling the imported goods from its facilities in India. It is now manufacturing all cable parts and assembling kits on-site. The company is set to create an additional 120 jobs, enhancing its existing workforce.

Al Yamuna Densons’ CEO Ravi Sardana said, ‘We chose Ras Al Khaimah for our expansion due to its business-friendly environment and superior infrastructure. RAKEZ has provided us with unmatched support and offered us the perfect platform to scale our operations effectively. The team’s proactive and swift assistance in meeting our needs over the years has played a crucial role in our growth.’

With nearly AED20 million invested in construction and an additional AED15 million in machinery, t
he company is set to target new markets in the MENA region while maintaining the highest standards of quality and innovation.

RAKEZ Group CEO Ramy Jallad said, ‘We are proud to witness the remarkable journey of Al Yamuna Densons in RAKEZ. Their expansion is a testament to the conducive business ecosystem we strive to provide for our clients in all the industrial zones. It also highlights the success that companies can achieve in Ras Al Khaimah through the right support and infrastructure. We are thrilled to support their journey towards increasing production capabilities, reinforcing our commitment to fostering industrial excellence and economic diversity in the region.”

Source: Emirates News Agency

9:00 am Gathering in front of the Palace of Justice in Beirut, organized by the “Calibre” Judicial Independence Group and Our Funds Association, to “support Judge Ghada Aoun in her battle to liberate the judiciary and deposits.”

10:30 am Press conference by the Minister of Public Health in the Caretaker Government, Dr. Firas Al-Abiad, to announce significant increases in health coverage for patients of the Ministry of Public Health under the new Ministry tariffs, in Meeting Room B1 at the Ministry building in Bir Hassan.

11:45 am Solidarity sit-in with the Palestinian people by the “Ummah Movement” at the Mosque and Complex of the Islamic Call College – Bir Hassan – next to the Kuwaiti Embassy.

3:00 pm Celebration by the Alphabet Revival Committee, chaired by former MP Naamatallah Abi Nasr, on the occasion of Alphabet Day, at the National Library – Sanayeh, under the patronage of the Minister of Culture in the Caretaker Government, Judge Mohammad Wissam Al-Mortada.

4:15 pm
Closing ceremony of the linguistic project organized by the Lebanese Association for Educational and Cultural Renewal (Alrec), chaired by Rima Younes, titled “Francophone Winter 2024,” with the support of the French Embassy in Lebanon and the French Institute. (On Zoom application).

6:00 pm Iftar at the American University of Technology (AUT) at the Palace Restaurant in Qasr Al-Shater Hassan – Ras Maska – Koura, under the patronage of the Mufti of Tripoli, Sheikh Mohammad Tarek Imam.

7:00 pm ‘House of Youth and Culture” in Zouk Mikael celebrates Mother’s Day during the “World Poetry Day” and launches the Elias Abu Shabakeh Award in its third edition.

7:00 pm Lecture titled “The Law of Karma under the Microscope of Esoteric Science,” organized by the White Knowledge Friends Association – Esoteric Science at the Esoteric Science Center – Beirut, Hazmieh Road – Hazmieh Commercial Center and Financial Trust Bank, Block A, First Floor (next to Spinneys).

8:00 pm Panel discussion titl
ed “Combating Drug Trafficking Through Media and Digital Means,” organized by the Lebanese Pharmacists Syndicate and the Health Sector in the “Marada” Movement, at the Lebanese Pharmacists Syndicate building in Corniche Al-Nahr, under the patronage and presence of MP Tony Frangieh, head of the Parliamentary Information Technology Committee. The discussion will be followed by a cocktail party.

Source: National News Agency – Lebanon

Amman: The Amman Stock Exchange concluded its trading session on Thursday with a modest increase of 0.08 percent, reaching a level of 2,494 points.

The total volume of shares traded during the session stood at approximately 2.4 million shares, valued at about JD2.9 million, with a total of 1,396 transactions executed.

Among the publicly traded companies, 21 recorded an uptick in their share prices, while 34 experienced a decline, and the share prices of 36 remained unchanged.

Source: Jordan News Agency

A meeting in Sana’a province, headed by the Secretary-General of the Local Council, Abdul Qadir Al-Jilani, discussed plans for executive service offices to prepare tourist sites and parks as part of preparations for Eid Al-Fitr holiday.

The meeting, which was attended by the Head of the Planning and Finance Committee in the province’s two local districts, Abdul Salam Al-Jaifi, and the governor’s undersecretary for the services sector, Faris Al-Kahali, and technical affairs, Engineer Saleh Al-Muntaser, touched on the tourism, health, security, traffic, hygiene, and civil defense preparations that must be taken during the Eid holiday at tourist sites.

The meeting, which included directors and representatives of the concerned offices, reviewed the Tourism Office’s plan regarding providing services to tourist sites and parks during the current tourist season.

At the meeting, the Secretary-General of the province’s local district stressed the importance of concerted efforts, preparedness to provide the level of
services provided to citizens, providing an appropriate atmosphere during Eid holiday, and working to enhance community awareness of the importance of preserving the cleanliness and safety of natural sites and places.

Source: Yemen News Agency

Irbid: The recent rainfall in Irbid has surpassed 100 percent of the annual average, signaling promising prospects for the upcoming summer agricultural season, according to Abdelhafez Abu Orabi, Director of the Irbid Agriculture Directorate.

Speaking to the Jordan News Agency (Petra) on Thursday, Orabi emphasized that the substantial rainfall experienced in the region during the recent depression will significantly bolster soil moisture levels.

This will enhance conditions for summer agriculture, contribute to the replenishment of dams and groundwater reservoirs, and foster the growth of weeds, thereby extending their lifespan, a factor that will positively impact pastures in the area, he added.

The percentage of rainfall for the current season in the governorate’s districts is as follows: Qasabah Irbid and Bani Ubaid Districts recorded 107 percent (449.5 mm), Bani Kenana 123 percent (554 mm), Ramtha 138 percent (346 mm), Taibe 145 percent (652 mm), Koura 131 percent (591 mm), Al-Wasatiya 154 percent (694
mm), Northern Mazar 123 percent (615 mm), and in the Northern Shuna District, 128 percent (510 mm).

Source: Jordan News Agency