Latest news with #Mohamed
Yahoo
4 days ago
- Sport
- Yahoo
🐯 Tigres stun the Liga MX champions
We had a goal fest at the Nemesio Diez. Tigres achieved a great victory against the midst of a stormy night in Toluca, the felines dented the champion's crown. The Diablos started out winning the match, but a series of mistakes buried them in the game. Mohamed tried to turn things around by sending Vega, Marcel, and Gallardo onto the field, but they fell just one goal short of completing the comeback. A great match that didn't feel like it belonged to matchday 3. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here. 📸 Rodrigo Oropeza - 2025 Getty Images
Yahoo
4 days ago
- Business
- Yahoo
East Anglia THREE offshore wind project achieves $4.8bn financial close
Masdar and Iberdrola have secured £3.6bn ($4.87bn) in financing for the development of the 1.4GW East Anglia THREE offshore wind farm in the UK. Situated off the Suffolk coast, East Anglia THREE will become one of the world's largest offshore wind farms once operational in the fourth quarter (Q4) of 2026. It will generate sufficient clean power for 1.3 million British homes while supporting more than 2,300 construction jobs and maintaining 100 long-term positions throughout its lifespan. The funding package includes contributions from 23 banks and Denmark's Export Credit Agency. This funding will cover a portion of the total project costs, which are estimated to be €5.2bn. The financing facility was oversubscribed by more than 40%, demonstrating lenders' strong confidence in the project's fundamentals and the reliability of its partners. In July 2025, Masdar and Iberdrola announced their co-investment in the East Anglia THREE project, with each company holding a 50% stake and jointly governing the 1.4GW asset. This co-investment aligns with a broader €15bn strategic partnership between the companies established in December 2023 to expedite clean energy initiatives across markets including Germany, the UK and the US. East Anglia THREE benefits from long-term revenue security through a Consumer Price Index-linked contract for difference (CfD) awarded by UK government auctions AR4 and AR6, as well as a power purchase agreement (PPA) signed with Amazon in 2024. Masdar CEO Mohamed Jameel Al Ramahi stated: 'The level and profile of investor interest in this financing deal – the largest we have ever signed at Masdar – reflects our position as a global leader in sustainable finance and investor appetite for high-quality renewable energy assets that deliver impact at scale. 'Today's announcement represents a significant step forward in our partnership with Iberdrola – and in the UK's clean energy journey, supporting the nation in meeting its energy transformation objectives. We look forward to collaborating further with Iberdrola on other gigawatt-scale greenfield projects that will help shape the future of clean energy in the UK and beyond.' The banks involved in the financing of the project include BBVA, HSBC, Santander, BNP Paribas and Siemens Bank. Financial advisors for the transaction were Crédit Agricole CIB and MUFG, while A&O and Shearman provided legal counsel to the borrower. "East Anglia THREE offshore wind project achieves $4.8bn financial close" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The National
5 days ago
- Business
- The National
Emirati housing and education funds launched
Two allowance funding schemes have been launched, one for housing and the other for education, by the Ministry of Community and Empowerment. The allowances have been set up to support the nation's Social Support and Empowerment Programme, a federal initiative providing monthly support to Emirati families with limited income. The housing allowance is intended for families enrolled in the programme who do not receive any form of government housing assistance. The amount is determined based on the family's size and living conditions, distinguished between those living independently and those sharing accommodation with other households. The allowance also includes flexible terms for orphans and children of individuals serving jail terms. What about the education allowance? The education, or academic excellence, allowance is aimed at high-achieving university students. Students enrolled in accredited higher education institutions in the UAE who maintain a cumulative GPA (the grade given per term) of 3.3 or higher are eligible to receive up to Dh3,200 per month. Students enrolled in accredited UAE institutions through remote learning are also eligible. How to apply Applications can be submitted through the ministry's official digital platform via the social subsidy service. All applications are processed within 21 days of submission. Stepping up support The employment programme is the latest step by the government to provide additional assistance to its citizens. In 2022, President Sheikh Mohamed announced a Dh28 billion ($7.6 billion) social support package to provide lower-income Emirati families with subsidies to pay for essentials including fuel, food and utilities. Under the move, annual financial support for eligible families was raised from Dh2.7 billion to Dh5 billion, with the total social support budget doubling from Dh14 billion. The UAE's social welfare programme for low-income citizens is available to Emirati families whose income is less than Dh25,000 ($6,800) a month. The programme offers Dh5,000 aid a month for citizens over the age of 45, housing allowance up to Dh2,500 a month, university education allowance of Dh3,200 a month to outstanding students and Dh5,000 a month for six months to those who are unemployed. In addition, the government offers an inflation allowance, which covers food, electricity, water and fuel costs.
Sydney Morning Herald
23-07-2025
- Politics
- Sydney Morning Herald
Failing childcare centres will get grace period before funding is pulled
Childcare centres that egregiously fail to meet minimum standards will still have a month's grace period to resolve their problems before the government steps in to strip them of taxpayer funding, under new laws proposed by the Albanese government. The rules were introduced to federal parliament on Wednesday following a spate of sexual abuse allegations levelled against Victorian childcare worker Joshua Brown, claims of children being mistreated in NSW, and earlier incidents in Queensland. Education Minister Jason Clare has admitted the government had failed to act fast enough on the issue and introduced the bill to let the government shut centres down, put conditions on their operations, or strip their funding, as one of Labor's first actions in parliament after its re-election. 'I want centres to get to those standards,' Clare said. 'We don't want to have to shut centres down.' But he said parents deserved to know if conditions had been imposed on a centre so they could decide where to send their children. Without government approval, centres will be denied access to the federal Childcare Subsidy, which covers around 70 per cent of their costs on average. Labor expanded access to childcare subsidies before the election and has committed to building more childcare centres, driving the sector to expand rapidly, which has created an opportunity for for-profit operators to expand and put pressure on staff recruitment. Education authorities already have the power to shut down a centre immediately if it poses an imminent risk to safety. Mohamed, who asked to be identified only by his first name, has a three-year-old daughter who attends a childcare centre where Brown worked, but did not overlap with him. He said the proposed legislation was 'better than nothing'. 'I think it's a step in the right direction,' Mohamed said. 'They should be losing funding if they don't get their act together. That's the first step. There's always more.'
The Age
23-07-2025
- Politics
- The Age
Failing childcare centres will get grace period before funding is pulled
Childcare centres that egregiously fail to meet minimum standards will still have a month's grace period to resolve their problems before the government steps in to strip them of taxpayer funding, under new laws proposed by the Albanese government. The rules were introduced to federal parliament on Wednesday following a spate of sexual abuse allegations levelled against Victorian childcare worker Joshua Brown, claims of children being mistreated in NSW, and earlier incidents in Queensland. Education Minister Jason Clare has admitted the government had failed to act fast enough on the issue and introduced the bill to let the government shut centres down, put conditions on their operations, or strip their funding, as one of Labor's first actions in parliament after its re-election. 'I want centres to get to those standards,' Clare said. 'We don't want to have to shut centres down.' But he said parents deserved to know if conditions had been imposed on a centre so they could decide where to send their children. Without government approval, centres will be denied access to the federal Childcare Subsidy, which covers around 70 per cent of their costs on average. Labor expanded access to childcare subsidies before the election and has committed to building more childcare centres, driving the sector to expand rapidly, which has created an opportunity for for-profit operators to expand and put pressure on staff recruitment. Education authorities already have the power to shut down a centre immediately if it poses an imminent risk to safety. Mohamed, who asked to be identified only by his first name, has a three-year-old daughter who attends a childcare centre where Brown worked, but did not overlap with him. He said the proposed legislation was 'better than nothing'. 'I think it's a step in the right direction,' Mohamed said. 'They should be losing funding if they don't get their act together. That's the first step. There's always more.'
