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Al Etihad
8 hours ago
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Saudi Arabia signs agreements for green hydrogen, power exports to Europe
20 July 2025 23:17 RIYADH (WAM)Saudi Arabia's ACWA Power signed on Sunday, in Riyadh, agreements and memoranda of understanding (MoUs) with several international partners, aimed at creating a green hydrogen and renewable energy export value chain between Saudi Arabia and signing of these agreements and MoUs comes as part of the Kingdom's pioneering role in enhancing global logistics connectivity and its leadership in the India-Middle East-Europe Economic Corridor (IMEC) project, driven by its strategic geographical location that connects East and agreements and MoUs were signed during the Renewable Energy and Green Hydrogen Export Workshop, led by ACWA Power under the supervision of the Ministry of Energy. The event brought together high-level government representatives from Saudi Arabia, Greece, France, and Germany, alongside executives from global specialised companies and leading national workshop showcased the Kingdom's progress in diversifying its energy mix and promoting regional and international integration in clean energy—reinforcing its position as a reliable global supplier of energy and a key leader in the economic corridor connecting East and West. Moreover, a joint development agreement was concluded for collaboration on the first phase of the Yanbu Green Hydrogen Hub, which is planned to be ready for commercial operations by 2030.
Khaleej Times
10 hours ago
- Khaleej Times
Philippines cracks down on rising 'mail-order bride' scams, warns against fake marriages
The Philippines' Bureau of Immigration (BI) has issued a warning to the public about the resurgence of 'mail-order bride' schemes. This comes after a Filipina woman was recently stopped from leaving the country for China, where she was set to enter into an arranged marriage with a Chinese man, according to 'The mail-order bride trap is rising again — all promise(s) upfront, tricking women into fake marriages and exploiting them as domestic workers with little or no pay,' BI Commissioner Joel Anthony Viado said in a statement. The BI reported that on July 15, personnel from its Immigration Protection and Border Enforcement Section (I-Probes) stopped a 24-year-old woman at Ninoy Aquino International Airport (Naia). She had been preparing to board a Xiamen Airlines flight to Xiamen, China. The woman initially told immigration officers she was travelling with her brother to reunite with her Chinese husband, whom she claimed to have recently married. However, authorities noticed irregularities in the documents she submitted. 'The marriage certificate showed a visibly altered date, and the marriage license was issued after the wedding — raising serious inconsistencies,' the I-Probes said in its report. After further questioning, the woman admitted that both the marriage and the documents she carried were "fake". She revealed that a recruiter had promised her an improved quality of life in exchange for agreeing to the arranged marriage. She had already received P8,000 (Dh500) from the man she was supposed to marry, to cover her travel expenses. The BI said the woman and the man posing as her brother were handed over to the Inter-Agency Council Against Trafficking under the Department of Justice for additional investigation and support. This isn't the first such incident this year. The BI previously intercepted two Filipino women in their early 20s at Naia who also claimed they were headed to China to join their Chinese husbands. Although they said they had been married for some time, inconsistencies in their statements led I-Probes to discover that both weddings happened on the same day and at the same hour. Eventually, the two women confessed that their marriage was "fake". It was also revealed that two additional women are also being wed to Chinese men during the same arranged ceremony, with all paperwork facilitated by an unidentified third party.
Khaleej Times
15 hours ago
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Dr Azad Moopen ranks among India's top 5 cash-rich promoters
Dr. Azad Moopen, founder and chairman of Aster DM Healthcare, has been ranked among India's top five cash-rich promoters in FY25, earning a dividend income of Rs 25.94 billion. He is the only entrepreneur from Kerala on the elite list, alongside industrial heavyweights like Mukesh Ambani, Anil Agarwal, and Azim Premji. Aster DM Healthcare declared a special dividend of Rs118 per share, a final dividend of Rs2 per share, and an interim dividend of Rs 4 per share in FY25. With a 42 per cent promoter stake, the company's financial performance underscores its strong fundamentals and strategic growth. Aster's recent merger with Quality Care India Ltd., backed by Blackstone, has created one of India's top three hospital networks — Aster DM Quality Care Ltd — with 38 hospitals and over 10,300 beds across 27 cities. From a single clinic in Dubai in 1987, Dr. Moopen has built a global network of over 900 facilities and 34,000 employees across seven countries. He also established Kerala's first medical college in a tribal district and founded Aster Volunteers, one of the world's largest medical volunteer networks with over 85,000 members. Honoured with the Padma Shri and Pravasi Bharatiya Samman, Dr. Moopen continues to drive impact-led healthcare expansion. His rise reflects a rare blend of financial acumen and social commitment, proving that sustainable entrepreneurship can create both value and lasting change.
