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Oman: $13.7mln moringa tree project launched in Thumrait
Oman: $13.7mln moringa tree project launched in Thumrait

Zawya

time15 hours ago

  • Business
  • Zawya

Oman: $13.7mln moringa tree project launched in Thumrait

Salalah – An agreement for a major agricultural investment project to grow moringa trees and manufacture byproducts supporting food security, environmental sustainability and export diversification was signed on Wednesday. An usufruct contract covering an area of 10.5mn sqm in the Hanfit area of Thumrait was signed between Ministry of Housing and Urban Planning and Ministry of Agriculture, Fisheries and Water Resources. Led by Trufud, the project has an investment value exceeding RO5.3mn. The agreement was signed in the presence of H H Sayyid Marwan bin Turki al Said, Governor of Dhofar, H E Dr Khalfan bin Said al Shuaili, Minister of Housing and Urban Planning, H E Dr Saud bin Hamoud al Habsi, Minister of Agriculture, Fisheries and Water Resources, and officials of Trufud. The project is a unique investment initiative that links agriculture, manufacturing and supply chains, as part of Oman's efforts to promote sustainable agricultural investment and achieve food security. It is expected to yield annual revenues of RO4mn to RO5mn through exports of moringa-based products to markets in North America, Europe and Asia. The project is also expected to generate more than 500 direct job opportunities and additional roles in logistics, packaging and supply services. According to officials, the project will enhance local entrepreneurship and contribute to the economic development of Dhofar. The moringa tree is known for its nutritional and medicinal properties and the project includes facilities for production of oils and powders used in health products. In addition to commercial goals, the project includes environmental benefits. Planting 15mn moringa trees is expected to absorb more than 400,000 tonnes of carbon dioxide annually. © Apex Press and Publishing Provided by SyndiGate Media Inc. (

Program that gave Inuvialuit families $500/month for groceries ending
Program that gave Inuvialuit families $500/month for groceries ending

Yahoo

time15 hours ago

  • Business
  • Yahoo

Program that gave Inuvialuit families $500/month for groceries ending

The Inuvialuit Regional Corporation (IRC) is permanently ending its food subsidy program in August. The program, which began in January, provides $500 per child, every month to families who live in one of the Inuvialuit region's six hamlets and who have school-aged children. The money can only be spent on groceries at select stores in the area. The IRC announced in July that the grocery supplement would end, saying in a news release that the corporation "will no longer have access to funding." It encouraged families to begin planning ahead for the school year, when the subsidy will no longer be available. The supplement is part of the corporation's school foods program which also provides students in the region breakfast and lunch on weekdays. CBC News contacted the IRC but it declined to comment. For some families in living in the N.W.T.'s more remote hamlets, the program has provided necessary support amid challenges with food security. Lynn Archiekasook, in Tuktoyaktuk, said the grocery subsidy program has helped take "a lot of worries" off of her family's shoulders. Archiekasook has lived in Tuktoyaktuk all her life. She has five children, aged eight to 21, and she receives $1,500 each month through the grocery supplement. She said high food prices in her community mean that only a week after receiving this month's food credit, all the money had been spent. Now her family has been slowly moving toward other methods of gathering food, and changing their diet to eat more things like caribou and geese. Once the grocery supplement is gone her family will continue to rely more on traditional ways of gathering food, like hunting and fishing, she said. With no official food bank in her hamlet, Archiekasook said the end of the grocery program will be a heavy loss for many in her community. In Ulukhaktok, where the cost of living is similarly high, many residents are also concerned. "It's so incredibly hard to get by," said Pat Klengenberg, the mayor of Ulukhaktok. "This program has probably been the best program available to our community." While the supplement can only be used for buying food, Klengenberg said it has ultimately helped families prepare for the future in other ways. "When a program like this is put in place, it really helps out the whole family," Klengenberg said. "Not just with food within the household, but also overall with keeping up with bills and being able to get ahead instead of barely getting by or falling behind in bills." Klengenberg said the hamlet will begin to look at alternative ways to provide community members with food. He suggested a possible collaboration with the hamlet's hunters and trappers committee, which could provide community members with locally-sourced meat, or ordering a lot of dry food on the barge to store in the community. "If everyone works together, the best outcome could be providing more food for our kids," Klengenberg said.

Can South Africa keep its G20 debt promise?
Can South Africa keep its G20 debt promise?

Al Jazeera

time16 hours ago

  • Business
  • Al Jazeera

Can South Africa keep its G20 debt promise?

South Africa promised debt solutions for low income nations during its G20 presidency. Has it kept its word? Debt is holding back economic growth for many low income countries. When South Africa took over the Group of 20 presidency last year, it promised it would take on that challenge, improve food security and represent African nations from the head of the table. As the G20's finance ministers meet in Durban without the United States Treasury secretary and with just four months left in its term, has South Africa lived up to those promises? Can organisations like the G20 ever really bring about change? And in a transactional global economy, has South Africa's leadership role come just as organisations like this matter less?

UAE President, Albanian Prime Minister meet in Tirana to discuss bilateral ties
UAE President, Albanian Prime Minister meet in Tirana to discuss bilateral ties

Emirates 24/7

time17 hours ago

  • Business
  • Emirates 24/7

UAE President, Albanian Prime Minister meet in Tirana to discuss bilateral ties

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan arrived in Tirana today on a working visit to the Republic of Albania, where he held talks with Prime Minister His Excellency Edi Rama to explore ways to further expand bilateral ties. Welcoming the UAE President and accompanying delegation at the Prime Minister's Office – the Kryeministria – His Excellency Edi Rama expressed his confidence that the visit would help establish new avenues of cooperation and advance the development ambitions of both countries. His Highness and the Albanian Prime Minister reviewed the growing partnership between the UAE and Albania and discussed opportunities for further collaboration, especially in priority sectors including the economy, trade, renewable energy, food security, and technology. The two sides also exchanged views on a number of regional and international issues of mutual interest and discussed the importance of dialogue and diplomacy in resolving conflicts. They underlined the need for stronger international cooperation to promote peace, stability, and security at both the regional and global levels. His Highness Sheikh Mohamed bin Zayed reaffirmed the UAE's commitment to building robust partnerships across the Balkans, with Albania considered a key partner. He highlighted the UAE's consistent approach of fostering development-focused relationships based on mutual interests and a shared commitment to peace and prosperity. Both sides reiterated their determination to continue advancing bilateral ties in ways that bring lasting benefits to both nations and their peoples. During the meeting, Prime Minister Rama awarded His Highness the 'Benemerenti' medal, the highest public honour conferred by the Prime Minister of Albania, in recognition of His Highness' pivotal role in strengthening UAE-Albania relations across multiple areas. The Albanian Prime Minister praised the UAE President's commitment to enhancing cooperation, describing the award as a mark of the deep respect and appreciation His Highness enjoys in Albania. The meeting was attended by members of the official delegation, including H.H. Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs; H.H. Sheikh Hamdan bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Special Affairs; H.H. Sheikh Zayed bin Mohamed bin Zayed Al Nahyan; Sheikh Mohammed bin Hamad bin Tahnoun Al Nahyan, Adviser to the UAE President; Ali bin Hammad Al Shamsi, Secretary-General of the Supreme Council for National Security; Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology; Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State; Dr. Ahmed Mubarak Ali Al Mazrouei, Chairman of the President's Office for Strategic Affairs and Chairman of the Abu Dhabi Executive Office; Faisal Abdulaziz Mohammed Al Bannai, Adviser to the UAE President for Strategic Research and Advanced Technology Affairs; Lana Zaki Nusseibeh, Assistant of Minister of Foreign Affairs for Political Affairs; Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority; Dr. Ali Obaid Al Dhaheri, UAE Ambassador to Hellenic Republic, Non-resident Ambassador to Albania; and Mohamed Alabbar, Chairman of the Board of Directors of Eagle Hills. Upon his arrival in the Albanian capital earlier in the day, His Highness Sheikh Mohamed bin Zayed Al Nahyan was welcomed at Tirana International Airport by Prime Minister Rama along with senior ministers and officials.

President Sheikh Mohamed holds talks with Albanian Prime Minister on working visit
President Sheikh Mohamed holds talks with Albanian Prime Minister on working visit

The National

time19 hours ago

  • Business
  • The National

President Sheikh Mohamed holds talks with Albanian Prime Minister on working visit

President Sheikh Mohamed held talks with Albanian Prime Minister Edi Rama on Wednesday after arriving in Tirana on a working visit. The two leaders reviewed the growing partnership between their countries and discussed efforts to advance relations in key sectors such as the economy, trade, renewable energy, food security and technology during high-level discussions. Sheikh Mohamed set out his commitment to forging robust ties across the Balkans. He said Albania was an important partner for the Emirates. Mr Rama spoke of his hopes that the visit would establish new avenues of co-operation after welcoming Sheikh Mohamed and his delegation at the Prime Minister's Office in Kryeministria. The two men also exchanged views on a number of regional and international issues, emphasising the need to promote dialogue and diplomacy in resolving conflicts. UAE leader given national honour During the meeting, Mr Rama awarded Sheikh Mohamed the Benemerenti medal, the highest public honour conferred by the Prime Minister of Albania, in recognition of the President's pivotal role in strengthening UAE-Albanian relations. The Prime Minister praised Sheikh Mohamed's commitment to bolstering bilateral ties, describing the award as a mark of his country's deep respect and appreciation for him. The meeting was attended by members of the official delegation, including Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, Sheikh Hamdan bin Mohamed bin Zayed, Deputy Chairman of the Presidential Court for Special Affairs; Sheikh Zayed bin Mohamed; Sheikh Mohammed bin Hamad, adviser to the UAE President; Ali Al Shamsi, Secretary General of the Supreme Council for National Security; Dr Sultan Al Jaber, Minister of Industry and Advanced Technology; Sheikh Shakhbout bin Nahyan, Minister of State; Dr Ahmed Al Mazrouei, chairman of the President's Office for Strategic Affairs and chairman of the Abu Dhabi Executive Office; Faisal Al Bannai, adviser to the UAE President for Strategic Research and Advanced Technology Affairs; Lana Nusseibeh, Assistant of Minister of Foreign Affairs for Political Affairs; Khaldoon Al Mubarak, chairman of the Executive Affairs Authority; Dr Ali Al Dhaheri, UAE ambassador to the Hellenic Republic and non-resident ambassador to Albania; and Mohamed Alabbar, chairman of the board of directors of Eagle Hills. On his arrival in the Albanian capital earlier in the day, Sheikh Mohamed was greeted at Tirana International Airport by Mr Rama along with senior ministers and officials. The President's trip to Albania came after he concluded a state visit to Turkey on Wednesday, in which he issued a joint call for peace with President Recep Tayyip Erdogan.

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