Business has been difficult for restaurateur Sylvain Belaud ever since the beginning of the COVID-19 pandemic, with turnover plummeting by 60% last year. And now the director of the Cafe Francoeur in the Montmartre area in northern Paris will have to face what feels like yet another obstacle on the way back to business as usual. A “health pass” will…
Read MoreMonth: August 2021
Sometimes a High Rise Is Better Than a Park
Climate change is hitting home everywhere. Just in the last few weeks, extreme heat, floods, and fires have all come to look like part of the new abnormal, and few places are safe. New York is issuing air quality alerts because of wildfires some 3,000 miles west. Climate policy, too, is increasingly personal, and there’s nothing quite as personal as…
Read MoreIncrease in LPG prices resented
The commercial and domestic consumers have demanded the government to withdraw the recent increase in the price of the liquefied petroleum gas. “The price of mega cylinder has reached to Rs7715 and small/ domestic cylinder to Rs2100 following the sudden increase of Rs5 per kg in LPG price in the local market,” Muhammad Ismail, a hotelier, told reporters here on…
Read MoreStrategic Growth Of ADNOC Logistics & Services Critical Enabler Of UAE Energy Industry
ADNOC Logistics and Services (ADNOC L&S) is the largest and most diversified integrated maritime logistics company in the Gulf. The company, which provides logistics, shipping and marine operations, plays a critical role in enabling the UAE’s oil and gas sector and ADNOC’s goal to maximise value from every barrel of oil it produces, processes, ships and sells. ADNOC L&S has…
Read MoreEmirates Global Aluminium, Gulf Extrusions Sign Agreement On Industrial By-products
Emirates Global Aluminium, the largest industrial company in the UAE outside the oil and gas sector, today signed an agreement with Gulf Extrusions, which is owned by the Al Ghurair Group, on the innovative reuse of industrial by-products derived from production operations, as an alternative to using raw materials. The agreement adds to the efforts of Emirates Global Aluminium to…
Read MoreChina to help Pakistan seize wave of technological revolution
In the context of the fourth industrial revolution and the digital economy, new industries are emerging, and China will help Pakistan seize the wave of the technological revolution to “overtake” and achieve leapfrog development. In particular, in the process of promoting industrial cooperation and industrial park construction in China Pakistan Economic Corridor (CPEC), it is necessary to firmly grasp the…
Read MoreMilestone Achieved on Mohmand Dam
The Pakistan Water and Power Development Authority (WAPDA) has achieved yet another major milestone towards completion of river diversion system of Mohmand Dam Project, as two portions of Diversion Tunnel 2 of the project have been connected with precision. The project management achieved this milestone today during the mining operation at the diversion system by breaking through two portions of…
Read MoreRs6.7bn refund to consumers approved by Nepra
National Electric Power Regulatory Authority (Nepra) has approved a refund of Rs 6.7 billion to the consumers of Discos for a period of 12 months on account of Quarterly Adjustment (QTA) pertaining to the 3rd Quarter of FY2020-21. The allowed benefit amount has an impact of around Paisa 6.7/kWh on uniform basis on all consumers except lifeline and increment industrial…
Read MoreNew subsidy mechanism: Power Division moves Nepra for approval
The Power Division has approached National Electric Power Regulatory Authority (Nepra) for approval of a new subsidy mechanism for domestic consumers of Discos and KE, meant to bifurcate domestic consumers in more categories for higher revenue generation. The purpose of the new mechanism is to expand definition of lifeline consumers to include residential non-Time of Use (ToU) consumers having maximum…
Read MoreMulti-million dollars AMI project: No loan if scope of project gets changed, ADB tells Power Division
The Manila-based Asian Development Bank (ADB) has communicated to the Power Division in plain words that it will not extend $400 million loan for multi-billion dollars Advanced Metering of Infrastructure (AMI) project if its scope is changed and also communicated to the government to pay over $2.2 million penalty as commitment charges for not utilising the loan for the project…
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