New Delhi [India] July 4 (ANI): The two consecutive union budgets are testimonies to the investments and growth in the real estate, construction and infrastructure sector (Built Environment). Many experts have termed this year's budget as a growth-inducing budget for India's economy.
Built environment is the fastest growing sector in India and it's been two years in a row that it is being mentioned. It is a clear indicati

RICS SBE invites applications to study and join the booming infrastructure, construction industry as the Government spends huge in the sector

Beijing [China], June 3 (ANI): The deep recession in China's property market has compelled real estate companies to float a bizarre marketing strategy to lure home buyers.
China's real estate developers have started accepting payments for homes in watermelons and other agricultural produce.
"Real estate developers in Chinese third- and fourth-tier cities have launched various promotional campaigns recently, including enco

Chinese real estate developers accepting watermelons as payment

The relationship between newcomers and the Canadian economy involves three key pillars: job availability, a sufficient population of working age and affordable housing. All three pillars must be supported by the government - if one is missing, the entire system collapses.While Canada has always relied on

Canada needs to build more affordable housing for newcomers

People interact in front of Zimbabwe's new parliament building on Mount Hampden Hill, Zimbabwe, on June 29, 2022. (Photo by S

China to hand over completed new parliament building to Zimbabwe



                                                    
                                                    
SHARJAH, 1st June, 2022 (WAM) -- Arada, a property development company based in Sharjah, has successfully completed the issuance of its first public financing deal, a $350 million Sukuk, which has been listed on the London Stock Exchange.

The five-year fixed rate RegS debut Sukuk issuance was rated BB- by

Arada closes debut $350 million deal, completing first USD Corporate Sukuk globally in 2022

NEW DELHI, India: As the Indian government aims to increase local fuel supplies to meet rising demand and boost federal revenues, it has imposed a windfall tax on oil producers and refiners who have increased oil exports to benefit from higher overseas margins.New taxes and export restrictions could further tighten global oil product supplies and high prices, as well as curb fuel exports by refiners Reliance In

To keep fuel inside country, India imposes windfall tax on producers

India imposes windfall tax on oil producers, fuel exporters

To prevent fuel price hikes, India sets windfall tax on oil producers

HOUSTON, Texas: Exxon Mobil Corp said this week that profits from skyrocketing fuel prices could result in a record $16 billion quarterly profit. Exxon, like other oil companies, has seen surges in profits as oil rose to more than $105 per barrel and gasoline is reported selling at $5 per gallon in the United States. It is expected that such enormous earnings could well result in calls for windfall profit

Exxon expects $16 billion Q2 profit, to fuel calls for windfall taxes

Exxon signals operating profits could double over the first quarter

Exxon tells shareholders to expect $16 billion Q2 profits

DUBLIN, Ireland: Bills sent to residential consumers in August by Electric Ireland will see costs charged for gas increased by 29.2 percent and electricity bills will be 10.9 percent higher.The impact on the average homeowner will be 13.71 euros per month for electricity and 25.96 euros for gas.Electric Ireland said the change will come into effect on 1 August.The August increase follows a jump in 

Ireland braces for 29% gas price hike, 11% jump in electricity costs

Electric Ireland to raise gas and electricity bills

Ireland to see 29% jump in gas prices in August, 11% for electricity

DUBAI, UAE: The Arab states have built significant amounts of solar and wind power installations, and are in line to reach their proposed alternative energy targets.The U.S.-based non-profit research group Global Energy Monitor has reported that the planned projects throughout the Arab world would raise solar and wind capacity in Middle Eastern and North African Arab states from 12.1GW to about 73GW over the ne

Report says Arab states reaching alternative energy targets

Report: Arab states close to renewable energy targets for 2030

Arab states reaching energy targets with alternative solar, wind power

ISLAMABAD, Pakistan - Given the country's ongoing economic crisis and acute fuel shortage, the Pakistan government is considering purchasing oil from Russia at a lower cost. The Ministry of Energy has requested industrial experts to provide an analysis for importing Russian oil. According to Refinitiv data, Pakistan's monthly fuel oil imports are on track to reach a four-year high in July. Musadik Malik, 

Pakistan wants Russian oil in spite of international sanctions

Pakistan's government mulling oil imports from Russia

Islamabad considers importing oil from Russia

PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike from 8th to 10th July to press for higher wages.Emboldened by booming demand for air travel, along with staff shortages caused in part by the COVID-19 pandemic, ground staff at the French capital's main international hub have staged a series of strikes to demand wage increa

Bumpy summer for Paris airport as workers plan strikes

Paris airport workers call strikes for July

Minimal disruptions as summer strikes continue at Paris airport

BEIJING, China: Chinese airlines announced last week that they would purchase some 300 Airbus jets. This is the largest order placed by China since the beginning of the COVID-19 pandemic. During simultaneous announcements, Air China and China Southern Airlines said they would each purchase 96 A320 airliners valued at $12.2 billion. China Eastern Airlines also announced plans to purchase 100 A320 ai

Enormous deal announced, as China to purchase 300 Airbus jets

Chinese state airlines to buy some 300 Airbus jets

Boeing out, Airbus in as China to purchase 300 A320 jets

NEW YORK CITY, New York: Bette Nash, age 86, has been named the longest serving flight attendant in the world, having worked 65 years this fall, according to the Guinness Book of World Records. Nash, an American Airlines flight attendant, began flying in 1957. She has worked the New York-Washington-Boston route for most of her career. Nash said she chose this route because it allows her to be home every n

86-year-old woman is longest-serving flight attendant: Guinness

86-year-old named longest serving flight attendant: Guinness

US flight attendant to mark 65 years serving air passengers

New Delhi [India], July 5 (ANI): Indian carrier SpiceJet replacement aircraft arrived in Karachi from Mumbai on Tuesday evening after the airline's Dubai-bound flight from Delhi was diverted to the Pakistani city as the fuel indicator started malfunctioning.
The Boeing 737 Max aircraft will be taking passengers to Dubai. The replacement aircraft landed at 5:45 pm Pakistan time.
Earlier on Tuesday morning, a Dubai-bound Sp

Indian carrier SpiceJet replacement aircraft arrives in Karachi to take passengers to Dubai

New Delhi [India], July 5 (ANI): The Indian Navy requires fighter jets for its aircraft carrier operations for which it has carried out trials of the French Rafale and American F-18 aircraft.
In a press conference on indigenisation in the Navy, the Navy Vice Chief Admiral SN Ghormade said trials of the American and French aircraft have been done to know their capability for aircraft carrier operations.
"Trials of Rafale a

Navy needs fighter jets for aircraft carrier ops under inter-governmental agreement

Mumbai (Maharashtra) [India], July 5 (ANI): An aircraft of India's low-cost carrier SpiceJet reported a glitch in its Kandla - Mumbai flight on Tuesday.
This is the second incident involving the airline on Tuesday. In the earlier incident, a Dubai-bound SpiceJet flight from Delhi was diverted to Karachi in Pakistan as the fuel indicator started malfunctioning.
In the incident related to Kandla - Mumbai flight, SpiceJet sa

SpiceJet flight's windshield cracks mid-air, 2nd glitch in a day

Colombo [Sri Lanka], July 5 (ANI): Sri Lankan Prime Minister Ranil Wickremesinghe on Tuesday said that the island country aimed to reduce the inflation rate to between 4 and 6 per cent by 2025.
In his speech in Parliament today regarding the economic recovery plan, the Prime Minister of the crisis-ridden country noted that due to the current inflation, the value of money in the Employees' Provident Fund and the Employees'

Sri Lankan PM vows to reduce country's inflation rate to 6 per cent by 2025

New Delhi [India], July 5 (ANI): The Directorate General of Civil Aviation (DGCA) on Tuesday ordered a probe into the incident where SpiceJet's Delhi-Dubai flight was diverted to Karachi as the fuel indicator started malfunctioning.
More than 150 passengers are onboard the SpiceJet flight (Delhi-Dubai) that made an emergency landing in Karachi, Pakistan after developing a technical fault.
"On July 5, 2022, M/s SpiceJet B7

DGCA orders probe after SpiceJet flight diverted to Karachi due to glitch

By Ashoke RajNew Delhi [India], July 5 (ANI): Dubai-bound SpiceJet flight from Delhi was diverted to Karachi in Pakistan today morning due to suspected fuel leakage, sources told ANI on Tuesday.
According to sources, the SpiceJet pilot mid-air has complained about the fuel leakage in the aircraft.
"SpiceJet flight from Delhi to Dubai diverted in Karachi. Boeing 737 engine has developed fuel leakage indicator on and pilot 

Suspected fuel leak on Delhi-Dubai SpiceJet flight, pilot requested Karachi ATC for precautionary landing

By Ashoke RajNew Delhi [India], July 5 (ANI): A Dubai-bound SpiceJet flight from New Delhi made a precautionary landing in Pakistan's Karachi airport after it developed a technical glitch.
"SpiceJet flight from Delhi to Dubai diverted to Karachi. Boeing 737' engine has developed a technical fault. The captain of the aircraft sought a precautionary landing and was given permission. All passengers on board are safe. The cal

Delhi-Dubai SpiceJet flight makes precautionary landing in Karachi

New Delhi [India] July 5 (ANI): Union Aviation Minister Jyotiraditya Scindia came to the assistance of a college student and helped in getting her luggage delivered to her hostel after she recounted her "horrible experience" on an IndiGo flight.
Scindia took cognizance of the college girl's tweet and posted his reply: "Your luggage has been delivered at the hostel gate. Take care."A twitter user by the name Anoushka poste

Scindia 'delivers' student's luggage to hostel after she vents about 'horrible' flight experience

By Ashoke RajNew Delhi [India], July 5 (ANI): A Dubai-bound SpiceJet flight made an emergency landing at Pakistan's Karachi airport after developing a technical glitch.
"SpiceJet flight from Delhi to Dubai diverted to Karachi. Boeing 737' engine has developed a technical fault. The captain of the aircraft sought a precautionary landing and was given permission. All passengers on board are safe. The call sign of the aircra

Dubai-bound SpiceJet makes emergency landing in Karachi

Independence Day celebrations in the United States Monday were marred by a shooting at a parade in the Midwestern city of Highland Park in the state of Ilinois that left at least six people dead.Police said two dozen other people were hospitalized after the shooting in the city of 30,000, about 40 kilometers north of Chicago.Gunfire broke out just 10 minutes after the parade began around 10 a.m. Monday, a

Chicago-area Shooting Mars US Independence Day Celebrations

Udaipur (Rajasthan) [India], July 4 (ANI): As NIA progresses in probing the links behind the Udaipur murder case, Union Jal Shakti Minister Gajendra Singh Shekhawat said that the Rajasthan Government should be held accountable for the unfortunate incident.
Shekhawat also met the family members of the victim in the case.
Shekhawat said to reporters today, "It is difficult to fathom the anguish the family is in, but this is

Gajendra Singh Shekhawat lashes out at Rajasthan govt over Udaipur murder case

Americans are hitting the roads and skies in numbers not seen since before the pandemic to celebrate the Fourth of July holiday weekend.The mass of travelers for the holiday, also known as Independence Day, is testing airlines and airports, which have struggled to keep up with demand.Hundreds of flights were canceled Friday and thousands more were delayed, according to the flight tracking site, FlightAwar

US Travel Soars Over Fourth of July Weekend

Sydney [Australia], July 4 (ANI/Xinhua): The Australian government has announced an end to requirements for international travellers to declare COVID-19 vaccination status.
Home Affairs Minister Clare O'Neil and Health Minister Mark Butler on Sunday announced that, from Wednesday, travelers arriving in Australia will no longer have to complete a Digital Passenger Declaration (DPD) to declare vaccination status.
It marks a

Australia scraps requirement to declare COVID-19 vaccination status for international arrivals

New Delhi [India], July 4 (ANI): The Delhi High Court on Monday asked the Centre and Concern Authorities to consider the representation seeking direction to change the Call Sign 'VT' written on Indian aircraft which stands for 'Victorian Territory and Viceroy Territory'.
The Bench of Justice Satish Chandra Sharma and Justice Subramonium Prasad said, the issue raised by the petitioner is a policy matter and asked the Gover

Plea seeks change Call Sign 'VT' written on Indian aircrafts, Delhi HC asks Govt to consider plea as  representation

New Delhi [India], July 4 (ANI): India's soon-to-be-launched airline Akasa Air on Monday unveiled the first look of its crew uniform.
The orange-and-black colored uniform featured a youthful and contemporary design, and colours that reflect the warm, friendly and happy personality of the airline.
"The uniform fit focuses on providing the best possible stretch to ensure employees' comfort over their busy flight schedules. 

Akasa Air unveils crew uniform, airline aims commercial flights by July end

Colombo [Sri Lanka], July 4 (ANI): Amid the unprecedented fuel crisis in Sri Lanka, the island nation's national carrier Sri Lankan Airlines is now bracing for potential cancellations of its flights until July 18, media reported.
The jet fuel reserves in the country have run out, as per Sri Lankan local media outlet, Daily Mirror. With this looming fuel crisis, the SriLankan Airlines has told the employees that the flight

Sri Lankan Airlines flight operations to be impacted amid country's deepening fuel crisis

U.S. President Joe Biden and First Lady Jill Biden are hosting a Fourth of July barbecue for military families on the South Lawn of the White House Monday afternoon. Later in the day, they will watch the Independence Day fireworks display at the National Mall.The Fourth of July may be the most patriotic day on the U.S. calendar. Independence Day celebrates the decision by the 13 original colonies to renounce Bri

Construction News

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Chinese real estate developers accepting watermelons as payment

Canada needs to build more affordable housing for newcomers

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