Author: News Desk

South Korea will expand its generation of nuclear power to more than 30 percent of its total energy creation by 2030 as part of efforts to boost energy security and better meet carbon neutrality goals, the industry ministry said Tuesday. The Yoon Suk-yeol government has pledged to reverse the nuclear phase-out policy of the previous administration, rebuild the industry and support its expansion overseas, South Korean News Agency (Yonhap) reported. The comparable figure came to 27.4 percent as of 2021. According to the comprehensive energy plan announced Tuesday, the government will resume the construction of the Shin-Hanul No. 3 and…

The overall volume of trade exchanges between the Kingdom of Bahrain and Federative Republic of Brazil topped $2.2 billion in 2021. “Brazil is considered the first trading partner of the Kingdom in general in terms of the value of imports in the second and third quarters of 2021”, said Bahrain Chamber of Commerce and Industry (BCCI) Chairman Sameer Abdulla Nass. Addressing the opening session of the Arab-Brazil Economic Forum, he stressed Bahraini private sector’s keenness to expand partnerships with its counterparts, stressing the importance of strengthening cooperation in the technological sector, which is witnessing a remarkable development at the global…

Foreign Affairs Ministry said that it is closely following the case of Bahraini woman in Turkey, in which she appeals to officials through social media to expedite her return to Bahrain. Bahrain’s embassy in Ankara learned on May 24 from the citizen’s father that she was arrested while entering Turkey, and she was released pending further proceedings in the case. The Turkish court issued a travel ban against the citizen until the date of the hearing in her case on September 29. The ministry explained that the embassy has followed up the citizen’s issue starting from the arrest, as it…

Russian forces set their sights on their next objectives in Ukraine’s eastern Donetsk province on Tuesday after President Vladimir Putin claimed victory in neighbouring Luhansk province and the five-month long war entered a new phase. The capture of the city of Lysychansk on Sunday completed the Russian conquest of Luhansk, one of two regions in Donbas, the industrialised eastern region of Ukraine that has become the site of the biggest battle in Europe in generations. Both sides have suffered heavy casualties in the fight for Luhansk, particularly during the siege of the twin cities of Lysychansk and Sievierodonetsk. Both cities…

IKEA will open for business for a final time in Russia on Tuesday, with customers permitted to buy goods in an online-only fire sale before the Swedish furniture company winds down its operations in a market to which it hopes one day to return. “From July 5 for a few weeks you can buy IKEA goods only on ikea.ru,” IKEA said on its Russian website. “Goods will be on sale for as long as they are in stock.” It was not possible to add items to the online basket as of 11:00 a.m. in Moscow (0830 GMT). IKEA’s Russian press…

Austria’s gas supply situation has improved, with deliveries from Russia at about 60% of agreed volumes, oil and gas group OMV said on Tuesday as the head of the country’s regulator said he saw no need to declare an alert level. OMV said the reduction in deliveries was at around 40% compared with around 50% previously. The energy market has become part of an economic war between Moscow and the West since Russia’s invasion of Ukraine on Feb. 24 OMV said in June that Russia’s Gazprom had informed it of a reduction in gas deliveries, but that at the time supply for customers…

Russian businessman Vladimir Potanin, the largest shareholder at Nornickel, said he was ready to discuss a possible merger of the mining giant with aluminium producer Rusal , in part as a defence against Western sanctions. Potanin told RBC TV he had sent a letter on Monday confirming his agreement to start merger discussions “because this allows the creation of a national champion. This allows us to even further diversify the shareholder base.” He said the need to “acquire extra stability against sanctions” and the potential requirement for state support for projects in Russia were among reasons to discuss the deal,…

Saudi Arabia has appointed two women to senior positions in government, the latest sign that the kingdom is looking to diversify a predominantly male workforce. Shihana Al Azzaz has been named the first female Deputy Secretary General of the Saudi Cabinet, according to a royal decree issued on Sunday. Al Azzaz was one of the first women licensed to practice law in Saudi Arabia and joins from the Public Investment Fund, where she was general counsel. As part of the changes, Princess Haifa bint Mohammad Al Saud has been appointed as deputy minister of tourism. She was previously assistant minister…

Aluminum Bahrain B.S.C. (Alba) won six major National Safety Council (NSC) USA awards for 2021. The awards translate Alba’s leadership in various areas of Safety: Safety Leadership Award, Significant Improvement Award, Perfect Record Award, Occupational Excellence Achievement Award, Milestone Award, and Million Work Hours Award. “We are our last line of defense in Safety, it boils down to each one of us. Safety is everyone’s responsibility in Alba, and I thank our people, employees, and contractors’ personnel for setting these new benchmarks in Safety leadership as we have topped more than 27.5 million safe working hours without LTI and for…

China on Monday rejected as an irresponsible smear a warning from the chief of NASA that China might “take over” the moon as part of a military programme, saying it has always called for the building of a community of nations in outer space. China has stepped up the pace of its space programme in the past decade, with exploration of the moon a focus. China made its first lunar uncrewed landing in 2013 and expects to launch rockets powerful enough to send astronauts to the moon towards the end of this decade. “We must be very concerned that China…