Latest news with #EEF
TimesLIVE
6 days ago
- Business
- TimesLIVE
EFF's urgent application against fuel levy hike
The Western Cape High Court is on Tuesday hearing an urgent application by the EEF for the increase of the fuel levy to be scrapped. The General Tax Levy increase is expected to take effect on Thursday after finance minister Enoch Godongwana increased the fuel levy by 16 c/l and 15 c/l on petrol and diesel respectively. The increase was seen by many as a replacement for the proposed VAT hike that was rejected. However, experts have argued the fuel levy increase was meant to cover the more than R5bn intended for the Road Accident Fund, which they say has not been receiving funding in the past three years.
Hi Dubai
22-05-2025
- Business
- Hi Dubai
Emirates Extrusion Factory Joins Forces with UCS to Launch UAE's First Zero-Waste Green Curtain Wall System
Exclusive partnership unveiled at 'Make it in the Emirates' positions EEF as the sole manufacturer of UCS's zero-waste façade system, reinforcing UAE's leadership in sustainable, locally manufactured building solutions. In a landmark move for sustainable construction in the UAE, Emirates Extrusion Factory (EEF), a wholly owned subsidiary of Dubai Investments, and UCS Green Solutions Building and Construction Materials Trading (UCS), a forward-thinking supplier of innovative façade and cladding solutions, have signed an exclusive Memorandum of Understanding (MoU) to manufacture and promote the region's first Green Curtain Wall System with Zero Material Wastage. The strategic alliance was formalized during the 'Make it in the Emirates' forum, and was signed by Sreekumar Brahmanandan, General Manager, Emirates Extrusion Factory, and Ebrahim Mohammad Abdallah, Managing Director, UCS Green Solutions Building and Construction Materials Trading. Under the agreement, EEF will act as the exclusive manufacturer of the pioneering product developed by UCS – a façade solution engineered with precision to eliminate material waste during installation. The partnership not only aligns with national sustainability goals but also sets a new benchmark in the regional construction industry. This exclusive partnership marks a transformative milestone not just for Emirates Extrusion, but for the UAE's construction industry as a whole, said Sreekumar Brahmanandan, General Manager and Board Director of Emirates Extrusion Factory. As a wholly owned subsidiary of Dubai Investments, we are proud to champion local manufacturing and pioneer sustainable innovation. Being the sole manufacturer of UCS's zero-waste curtain wall system reflects our commitment to reshaping how buildings are designed, built, and experienced—where performance meets purpose. This collaboration is more than a product launch; it's a bold step toward reducing environmental impact and reinforcing the UAE's position as a regional leader in sustainable development. The Green Curtain Wall System represents a significant leap in façade technology—seamlessly blending aesthetics with environmental performance to meet the growing demand for greener infrastructure across the region. Its zero-waste design reflects a broader shift toward circular manufacturing, where efficiency, innovation, and impact converge. More than just a product, it exemplifies how local partnerships can drive high-impact, scalable solutions aligned with the UAE's long-term sustainability vision. At UCS, we believe true innovation lies in solving real-world challenges — and material waste in construction is one of the most pressing. This zero-waste curtain wall system is not just a technical advancement, it's a statement of intent for the industry, said Ebrahim Mohammad Abdallah, Managing Director of UCS Green Solutions Building and Construction Materials Trading. Partnering with Emirates Extrusion Factory allows us to scale this innovation through local manufacturing, making sustainable construction more accessible and impactful. This collaboration aligns with the UAE's long-term industrial and environmental goals, including Operation 300bn and the Net Zero by 2050 strategic initiative. With the construction sector under increasing pressure to reduce its environmental footprint, the zero-waste curtain wall system presents a scalable solution for developers and architects looking to balance sustainability with structural excellence. News Source: Publicis Groupe
New Straits Times
14-05-2025
- Business
- New Straits Times
Anwar, Putin to hold talks on bilateral ties and regional issues
MOSCOW: Russian President Vladimir Putin is scheduled to hold talks on Wednesday with Prime Minister Datuk Seri Anwar Ibrahim, TASS news agency reported. According to the Kremlin press service, the two leaders will discuss key areas of bilateral cooperation, particularly in politics, trade, and the economy. They are also expected to outline further steps to strengthen ties between their countries. Putin and Anwar will additionally exchange views on pressing international and regional developments. The two leaders last met in September 2024 on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok. Russia and Malaysia share similar positions on various regional and global issues. Both countries cooperate actively through platforms such as the Association of Southeast Asian Nations (Asean) and the Organisation of Islamic Cooperation (OIC). In January 2025, Malaysia became an official BRICS partner state. Currently, Russia and Malaysia have signed 20 cooperation agreements. According to Russian Ambassador to Malaysia Nail Latypov, bilateral trade reached approximately US$2.5 billion by the end of 2024. Russia's main exports to Malaysia include crude minerals, oil, and chemical products, while Malaysia exports rubber, machinery and agricultural goods to Russia. – BERNAMA-TASS
The Star
14-05-2025
- Business
- The Star
Putin, Anwar to hold talks on bilateral ties, regional issues
MOSCOW (BERNAMA-TASS): Russian President Vladimir Putin is scheduled to hold talks on Wednesday (May 14) with Malaysian Prime Minister Datuk Seri Anwar Ibrahim, TASS news agency reported. According to the Kremlin press service, the two leaders will discuss key areas of bilateral cooperation, particularly in politics, trade, and the economy. They are also expected to outline further steps to strengthen ties between their countries. Putin and Anwar will additionally exchange views on pressing international and regional developments. The two leaders last met in September 2024 on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok. Russia and Malaysia share similar positions on various regional and global issues. Both countries cooperate actively through platforms such as Asean and the Organisation of Islamic Cooperation (OIC). In January 2025, Malaysia became an official BRICS partner state. Currently, Russia and Malaysia have signed 20 cooperation agreements. According to Russian Ambassador to Malaysia Nail Latypov, bilateral trade reached approximately US$2.5bil (RM10.78bil) by the end of 2024. Russia's main exports to Malaysia include crude minerals, oil, and chemical products, while Malaysia exports rubber, machinery and agricultural goods to Russia. — Bernama-TASS
Barnama
14-05-2025
- Business
- Barnama
Putin, Anwar to Hold Talks on Bilateral Ties and Regional Issues
Russian President Vladimir Putin at the Kremlin in Moscow, Russia May 11, 2025. Sergey Bobylev/Host agency RIA Novosti/Handout via REUTERS MOSCOW, May 14 (Bernama-TASS) -- Russian President Vladimir Putin is scheduled to hold talks on Wednesday with Malaysian Prime Minister Datuk Seri Anwar Ibrahim, TASS news agency reported. According to the Kremlin press service, the two leaders will discuss key areas of bilateral cooperation, particularly in politics, trade, and the economy. They are also expected to outline further steps to strengthen ties between their countries. Putin and Anwar will additionally exchange views on pressing international and regional developments. bootstrap slideshow The two leaders last met in September 2024 on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok. Russia and Malaysia share similar positions on various regional and global issues. Both countries cooperate actively through platforms such as the Association of Southeast Asian Nations (ASEAN) and the Organisation of Islamic Cooperation (OIC). In January 2025, Malaysia became an official BRICS partner state. Currently, Russia and Malaysia have signed 20 cooperation agreements. According to Russian Ambassador to Malaysia Nail Latypov, bilateral trade reached approximately US$2.5 billion by the end of 2024.
