مجموعة برنس القابضة تعزز فرص النمو الاقتصادي والاستثمار بمنتدى الأعمال الإماراتي الكمبودي الثاني

بنوم بنه، كمبوديا- Media OutReach – 15 يونيو 2023- شاركت مجموعة برنس القابضة (PHG) مؤخرًا في منتدى الأعمال الإماراتي الكمبودي الثاني الذي تشترك في تنظيمه وزارة التجارة بكمبوديا وغرفة التجارة الكمبودية (CCC) بفندق سوفيتيل بنوم بنه. وقد لعب المنتدى دورًا بالغ الأهمية في تعزيز النمو الاقتصادي لكمبوديا ملقيًا الضوء على فرص الاستثمار، مع تعزيز الشراكات بين كمبوديا والإمارات العربية المتحدة.

تضمن جدول أعمال المنتدى عروضًا تقديمية مثمرة حول فرص الاستثمار في كمبوديا قدمها مجلس تنمية كمبوديا (CDC)، فضلًا عن عروض تقديمية بشأن فرص الاستثمار في الإمارات العربية المتحدة قدمها مجلس الإمارات للمستثمرين بالخارج. وقد اكتسب الحاضرون معرفة قيمة عن المنتجات الزراعية بكمبوديا، وصناعة السياحة المزدهرة، وقطاع التصنيع مما سيزيد من الاهتمام بالاستثمارات والشراكات المحتملة.

يتماشى المنتدى مع رؤية مجموعة برنس القابضة لتعزيز النمو المستدام في البلاد. وقد قامت المجموعة –بجانب وحدة التطوير الرئيسية الخاصة بها، وهي شركة كانوبي ساندس للتطوير – بعرض مشروعها التطويري الساحلي القادم بالمدن في سيهانوكفيل، وهو باي أوف لايتس (خليج الأضواء)، الذي يهدف إلى زيادة التقدم والتنمية في كمبوديا في المستقبل.

من جانبه قال غابرييل تان، رئيس الاتصالات بمجموعة برنس القابضة: “نواصل التزامنا ببناء حياة أفضل لكمبوديا من خلال دعم مثل هذه المنصات والمشاركة فيها لعرض فرص الاستثمار الواسعة بكمبوديا. وتهدف رؤيتنا، بما فيها مشروع “باي أوف لايتس” التحويلي، إلى دفع مسيرة التقدم والازدهار في المملكة”.

وفقًا لغرفة التجارة الكمبودية، فإن منتدى الأعمال الإماراتي الكمبودي يعد بمثابة منصة بالغة الأهمية لتعزيز التعاون الاقتصادي واستكشاف فرص الاستثمار بين أمتينا.

خلال الحدث، شاركت مجموعة برنس القابضة بفعالية في اجتماعات العمل مع أصحاب المصلحة المؤثرين، بما في ذلك معالي الدكتور ثاني بن أحمد الزيودي، وزير الدولة للتجارة الخارجية لدولة الإمارات العربية المتحدة. كما حظي ممثلو المجموعة الرئيسيون بشرف حضور مأدبة عشاء أقامها معالي السيد بان سوراساك، وزير التجارة بمملكة كمبوديا، للترحيب الحار بمعالي الدكتور ثاني أثناء زيارته لكمبوديا.

تجسد مشاركة المجموعة بمنتدى الأعمال الإماراتي الكمبودي الثاني التزامها بدفع النمو الاقتصادي، وإقامة الشراكات، وبناء حياة أفضل لشعب كمبوديا. كما تواصل مجموعة برنس القابضة إسهامها في تمهيد الطريق للتقدم في كمبوديا من خلال الاستفادة من فرص الاستثمار في القطاعات الرئيسية ودعم المبادرات مثل مشروع “باي أوف لايتس”.

Hitachi Energy wins order for first subsea electricity interconnection between France and Spain

HVDC link improves the security and quality of power in the region, advancing the integration of emission-free energy

Zurich, Switzerland, June 15, 2023 (GLOBE NEWSWIRE) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks, in charge of the construction and commissioning of all cross-border connections between both countries, to supply four high-voltage direct current (HVDC) converter stations to interconnect France and Spain via a subsea cable across the Biscay Gulf.

The Biscay Gulf interconnection, labeled as project of common interest (PCI) at the European level, will consist of two HVDC links, with a converter station at each end of both systems. Combined, the links will efficiently supply a total of 2,000 megawatts (MW) of electricity at 400 kilovolts (kV) over 400 kilometers (km). Providing the equivalent of the power consumption of more than two million households1, the links will improve the safety, stability, and quality of the electricity supply between the two countries. It will advance the integration of emission-free electricity and create a more efficient system to generate savings that benefit consumers and the rest of Europe.2 Most of the link will be underwater, but a short section of the link cable route will return to land to avoid the deep Capbreton Canyon.

“Cross border, and often subsea, interconnections are vital to Europe’s increasingly interconnected grid,” said Niklas Persson, Managing Director at Hitachi Energy’s Grid Integration business. “Through our pioneering HVDC technology, we enable Inelfe to accelerate the two countries’ sustainability goals, improving the safety, stability, and quality of electricity supply between France and Spain and the rest of Europe.”

Inelfe (Interconexión Eléctrica Francia-España or Electricity Interconnection France-Spain) was set up following the 2008 Zaragoza Agreement, between the governments of Spain and France, with the mission to enhance the exchange of electricity between the two countries. The resulting infrastructure doubled the interconnection capacity between France and Spain from 1,400 MW to 2,800 MW today. With the Biscay Gulf interconnection, the capacity to exchange power will soon reach 5,000 MW.3

In line with its Purpose to champion the urgency of a clean energy transition through innovation and collaboration, Hitachi Energy is collaborating with VINCI, an industry leader in energy and construction. Together the two companies will provide an advanced solution for the Biscay Gulf project by delivering the engineering and power technologies and the construction of the converter stations. The collaboration with VINCI will leverage the core competencies of the two companies to deliver a best-in-class solution for the project.

Note to editors:
Hitachi Energy’s HVDC solution combines world-leading expertise in HVDC converter valves; the MACH™ digital control platform4, converter power transformers and high-voltage switchgear; as well as system studies, design and engineering, supply, installation supervision and commissioning.

HVDC Light® is a voltage source converter technology developed by Hitachi Energy, which was launched over 25 years ago. It is the preferred technology for many grid applications, including interconnecting countries, integrating renewables and “power-from-shore” connections to offshore production facilities. HVDC Light’s defining features include uniquely compact converter stations and exceptionally low electrical losses.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world’s HVDC projects.

1 https://www.odyssee-mure.eu/publications/efficiency-by-sector/households/electricity-consumption-dwelling.html
2 https://www.inelfe.eu/en/projects/bay-biscay
3 https://www.inelfe.eu/en/about-inelfe
4 Modular Advanced Control for HVDC (MACH™)

HVDC website:
https://www.hitachienergy.com/offering/product-and-system/hvdc

About Hitachi Energy
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 40,000 people in 90 countries and generate business volumes of over $10 billion USD.
https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://twitter.com/HitachiEnergy

About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the business structure of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s consolidated revenues for fiscal year 2022 (ended March 31, 2023) totaled 10,881.1 billion yen, with 696 consolidated subsidiaries and approximately 320,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Attachments

Jocelyn Chang
Hitachi Energy
jocelyn.chang@hitachienergy.com

GlobeNewswire Distribution ID 8858785

Fresh Attacks Put Spotlight On Afghanistan’s Northeast As IS-K Stomping, Recruiting Ground

Targeted attacks in Afghanistan's northeastern Badakhshan Province have left residents fearful of leaving their homes and the Taliban scrambling to maintain its authority as the Islamic State-Khorasan (IS-K) extremist group makes clear that it has not gone away.

The region, once a bastion of resistance to the Taliban, has suffered four attacks targeting Taliban security and government officials claimed by IS-K in just over a year.

Two occurred in the provincial capital, Faizabad, last week: the assassination of Deputy Governor Nisar Ahmad Ahmadi in a car bombing on June 6, and a gruesome explosion at his funeral attended by hundreds of locals and several Taliban officials at the Nabawi Mosque two days later.

At least 19 attendees were killed, including the Taliban's former police chief of northern Baghlan Province, Safiullah Samim, and more than 30 were injured in the mosque attack, which shocked residents and was seen by observers as a "new level" of violence in the region.

"This kind of situation has not been seen in Faizabad in the past 20 years, we have not experienced anything like it," local resident Mahmud Ghafuri told RFE/RL's Radio Azadi. "We are afraid that the same type of explosion could go off at another mosque at any minute. We are very worried."

Urban Warfare Reaches Badakhshan

After its foundation in Afghanistan in 2015, the IS-K controlled territory in the country's north and east as part of its broader aim of territorial expansion and the formation of a caliphate extending throughout South Asia. But under fire from Afghan and Western forces, as well as the Taliban, the IS-K began withdrawing from its territorial strongholds in 2019 and embarked on a new strategy of urban warfare.

As the Taliban strengthened its hold on the country and advanced on the capital before seizing power, the IS-K carried out one of its most high-profile attacks -- the killing of 170 Afghan civilians and 13 members of the U.S. military at Kabul's international airport in August 2021 as Western forces pulled out of Afghanistan.

Since the Taliban took power that month, the IS-K has targeted Taliban officials, foreign nationals and embassies, Afghanistan's Shi'ite Hazara community, and others it considers incompatible with its own extremist interpretation of Islam. It has also launched cross-border attacks into Uzbekistan and Tajikistan from Afghanistan's north.

"In an earlier phase, IS-K was interested in taking territory and expanding geographical control, however, the group has now transitioned into a strategy of guerrilla warfare and urban terrorism for the time being," Lucas Webber, co-founder and editor of MilitantWire.com, said in written comments. "IS-K's targeting has simplified since the previous government was overthrown and international forces left, leaving the Taliban [and its allies] as the sole armed enemy in Afghanistan."

In April 2022, Faizabad entered the spotlight with the killing of Abdul Fattah, who headed the Taliban's mining department in Badakhshan, and the December assassination of the province's police chief, Abdulhaq Abu Omar. The IS-K claimed responsibility for both bombings.

The Taliban has claimed success in eliminating IS-K cells around the country, and the decline of IS-K "attacks and propaganda output seems to indicate that the organization has been degraded to some extent" compared to its early years, according to Webber. "Several prominent leadership figures have been killed in recent months and the IS-K's internal communications show concern over infiltration of IS-K's online networks and militant cells by the Taliban and foreign intelligence services," he added.

But in a report this month on "The Growing Threat Of The Islamic State In Afghanistan And South Asia," the U.S. Institute of Peace says that the IS-K has shown itself to be flexible in its "ambitions, operations, and ties with other militant groups."

"This flexibility has made it resilient in the face of setbacks both to the Islamic State as a whole and within Afghanistan and Pakistan," the report said. "Since the Taliban takeover in August 2021, [the IS-K] remains a potent force despite hundreds of members having been arrested or killed by the Taliban."

The UN Security Council, in a report published on June 1 regarding the situation in Afghanistan, said that the Taliban was failing to combat terrorism on Afghan soil as agreed in the U.S.-Taliban pact signed in 2020.

Noting that "a range of terrorist groups have greater freedom of maneuver" in Afghanistan under Taliban rule, the Security Council said that while the Taliban had "sought to reduce the profile of these groups and has conducted operations against [the IS-K], in general the Taliban has not delivered on the counterterrorism provisions."

The Security Council said the number of IS-K militants in Afghanistan was "estimated to range from 4,000 to 6,000," including family members. It added that IS-K fighters included Afghans as well as citizens of Pakistan, Iran, Azerbaijan, Turkey, Russia, the Central Asian countries, and a small number of Arab fighters from Syria who traveled to Afghanistan in the past year.

Fertile Recruiting Ground

The recent attacks in Badakhshan have made clear that the region is a focal point for the IS-K and led to concerns by locals that the Taliban's counterterrorism efforts in an area where it is still working to impose its full authority are insufficient.

The Taliban army's chief of staff, Fasihuddin Fitrat, condemned the attacks and called on people to inform security officials about any suspicious activities to help counter the threat posed by IS-K.

Whether the region can be considered a haven for IS-K activities is questionable, but it does offer the group a geographically strategic place to launch operations not only in Afghanistan but in restive areas of neighboring Tajikistan and Pakistan as well.

From Afghanistan's north the IS-K "can easily spread to other sides of the border," Arif Sahar, a London-based counterterrorism expert, told RFE/RL's Radio Azadi. And this, he said, can send a "dangerous signal to Central Asia because these countries are very good centers to boost fundamental Islamic ideologies" like that of the IS-K.

Badakhshan has also emerged as a potentially ripe hub to flip and recruit fighters from militant groups allied with the Afghan Taliban and based in the region, including the Islamic Movement of Uzbekistan, Al-Qaeda, the Turkistan Islamic Party, and the Tehrik-e Taliban Pakistan (TTP), also known as the Pakistani Taliban.

Ted Callahan, a security adviser formerly based in Badakhshan, says support for the Islamic State extremist group, the parent of the IS-K, was prominent as far back as 2014 "among the foreign fighters who had been displaced by a massive military offensive in Pakistan and made their way up north."

At that time, Callahan told RFE/RL in written comments, the Taliban was "able to brutally suppress any overt displays of affiliation with IS, like raising the IS flag."

But Callahan suggests that the IS-K may have made inroads in Badakhshan. "Maybe the Taliban has alienated the population so much that some Badakhshanis are willing to join IS-K; or maybe some of the curious foreign fighters have thrown off the Taliban's shackles and become full-fledged supporters."

The TTP, which has waged a yearslong insurgency against Islamabad, is an avowed ally of the Taliban in Kabul and is considered to be an enemy of the IS-K. But it previously expressed loyalty to the IS-K and continues to be a source of IS-K recruits.

With the Taliban currently engaged in an effort to remove TTP members from southeastern areas bordering Pakistan, which is keen to eliminate the group's safe havens in Afghanistan, it leaves open the possibility that some could migrate north and join the IS-K.

"[The IS-K] has a history of attracting TTP fighters and has historically been comparatively less hostile to TTP than the Afghan Taliban," Webber said. "It is possible that IS-K sees TTP as more hard-line and riper for recruitment."

Disputed Territory

While not discounting IS-K's claim of responsibility for last week's attacks, Callahan also notes that the group "is usually only too happy to claim credit."

Some in Badakhshan, Callahan says, believe that while the December assassination of police chief Omar was carried out by the IS-K, the most recent attacks that killed Ahmadi and Samim could be the result of internal Taliban disputes.

All three of the Taliban officials were ethnic Tajiks, the predominate group in Badakhshan, Callahan notes. The Taliban, a mostly Pashtun group whose political base is in southern Afghanistan, recruited ethnic Tajik and Uzbek fighters in the country's north during its insurgency from 2001-2021.

"The narrative among certain Badakhshani Tajiks is that senior Tajik Taliban officials are being targeted by a segment of the Pashtun Taliban, although the evidence that IS-K conducted the three separate attacks seems hard to refute," Callahan said.

Ahmadi and Samim were from the same town, suggesting the possibility of a local dispute for influence even among Tajik Taliban members.

Other Afghanistan observers have commented about divisions among Badakhshan's Taliban over control of the region's mining wealth, smuggling, and support of foreign fighters, while mentioning that Omar and Ahmadi were "on the same side" and opposed current provincial Governor Amanuddin Mansur and his predecessor Fitrat, who now heads the Taliban army.

"It does seem like an unusually large number of senior Tajik Taliban officials are dying in northern Afghanistan," Callahan said, adding that the governor of the northern Balkh Province was also killed in March. "But whether it's just IS-K-driven attrition, intra-Taliban feuds, or something else is hard to discern."

Locals who spoke to Radio Azadi appeared to be little concerned about who was responsible for the attacks -- they just want them to stop.

"There is still fear in the city and people cannot go to the mosque for prayers and the shops are closed," said Samiullah Mubariz, a resident of Faizabad.

Source: Radio Free Europe/ Radio Liberty

Bulgarian President Signs Decree Firing Controversial Prosecutor-General

Bulgarian President Rumen Radev fired Prosecutor-General Ivan Geshev on June 15, halfway through his seven-year term amid growing domestic and Western frustration with his failure to tackle endemic corruption.

Radev signed a decree dismissing Geshev three days after Bulgaria’s Supreme Judicial Council (SJC) voted 16-4 to oust him following months of political intrigue, which included an alleged bomb attack against the prosecutor-general.

Geshev, 52, was appointed for a seven-year term in 2019 with sweeping powers to oversee the work of all prosecutors. But his appointment sparked protests by people who accused him of protecting corrupt politicians, oligarchs, and mafia kingpins, who were never brought to justice.

The United States and Britain in February sanctioned several Bulgarian individuals for corruption in what some experts interpreted as growing frustration in Washington and London over Geshev’s failure to crack down on powerful people involved in graft.

Geshev initially enjoyed the backing of the SJC, which is responsible for all judiciary appointments, but the council's support evaporated after Geshev on May 15 at a press conference referred to lawmakers as "political garbage" that should be "swept away" by parliament in response to parties demanding his resignation.

The majority of the council believed that the comments undermined the prestige of the judiciary and Geshev therefore could no longer hold the post of prosecutor-general.

The SJC’s vote came on the heels of a new coalition government in Bulgaria that had made the removal of Geshev a priority.

The alleged roadside bomb attack on May 1 proved to be a turning point in efforts to oust Geshev. After he claimed he had been targeted, critics said the attack was staged in an attempt to boost his image as an anti-corruption crusader.

Details emerged showing the explosion did not even damage his armored car, and Geshev admitted on May 7 that his family was not traveling with him after media reports said they were. Geshev was later rebuked by a deputy for not quickly addressing the misinformation circulating in the media.

After the explosion he left for Turkey and the United States, while his deputy, Borislav Sarafov, began publicly attacking him for interfering in the political process. Geshev then lost the favor of Prime Minister Boyko Borisov's GERB party, which called for his resignation.

Source: Radio Free Europe/ Radio Liberty

Biden lashes out at reporter for ‘dumb question’ on FBI informant

US President Joe Biden pounced on Thursday at a reporter after being asked what he called a "dumb question" about an FBI informant's allegations. 'Why did the Ukraine FBI informant file refer to you as the big guy?' a reporter asked Biden at the end of a White House event Biden quickly retorted: "Why'd you ask such a dumb question?" At issue is an FBI document long-sought by congressional Republicans containing an unsubstantiated allegation implicating US President Joe Biden in wrongdoing as part of a bribery scheme with Ukrainian nationals while he was serving as vice president during the Obama administration. The claim was made by an FBI informant in what is known as a FD-1023 form, and Republicans in the House of Representatives threatened to hold FBI Director Christopher Wray in contempt of Congress unless he handed it over. A resolution was reached late June 7 when Wray allowed all members of the House Oversight Committee to view the document. Wray had previously allowed Committee Chairman James Comer, and Ranking Member Jamie Raskin to view it at a secure location at the FBI's headquarters, and briefed the lawmakers on it. Conservative US media outlets have said the FBI form includes information that a Ukrainian oligarch referred to Biden as the "big guy" during a conversation.

Source: Anadolu Agency

Up to 15 killed in crash on Trans-Canada Highway in Manitoba province

Up to 15 people were killed in a crash on Trans-Canada Highway in Manitoba province, according to media reports Thursday. Emergency crews and multiple air ambulances are responding to the serious crash near Carberry, Manitoba, according to the RCMP (Royal Canadian Mounted Police) Manitoba. "RCMP units from across western Manitoba are on scene to assist along with other first responders," a statement from RCMP read, adding its Major Crimes Services is now investigating the crash. Two STARS air ambulances have been called to the scene of the crash, along with other emergency responders being flown out to the area. Fourteen STARS medical crew members are responding to the crash.

Source: Anadolu Agency

Wimbledon Tennis Championships prize money rises to record $56M

The total prize money on offer at Wimbledon, tennis' oldest Grand Slam championship, has increased to a record £44.7 million ($56.52 million) this year. "The prize money on offer for tennis events this year (not including per diems) is an 11.2% increase on 2022 and a 17.1% increase on the pre-pandemic Championships in 2019," The All England Club said on Wimbledon.com. "The Ladies' and Gentlemen's Singles champions and runners-up will receive £2,350,000 and £1,175,000 respectively," it added. The club also said the Qualifying Competition prize money fund received a 14.5% increase from last year and Main Draw Singles players losing in the first round will receive £55,000, a 10% increase from 2022. Novak Djokovic and Elena Rybakina were crowned singles champions in men's and women's singles respectively last year. The Wimbledon 2023 main draw gets underway on July 3, with the tennis event coming to an end with the men's singles final on July 16.

Source: Anadolu Agency

US restaurant chain Cava hits $4.7B value as shares double in IPO

American restaurant chain Cava was valued at around $4.7 billion on Thursday as its stock price more than doubled in initial public offering (IPO) of its shares on the New York Stock Exchange (NYSE). The company, under the symbol of "CAVA" on NYSE, priced its IPO at $22 per share, but it opened at $42 per share on Thursday and soared 112% to as high as $46.75 during the day. The Mediterranean fast-casual chain said in a statement Wednesday it intends to use the net proceeds from the IPO to fund future new restaurant openings and general corporate purposes. They will also be used for the repayment of delayed draw-term loans to finance construction and capital expenditures for its new production facility in Verona, Virginia. The company has more than 260 locations across the US.

Source: Anadolu Agency

European Parliament passes resolution urging NATO to invite Ukraine to join defense bloc

The European Parliament adopted a resolution on Thursday urging NATO to invite Ukraine to join the alliance after the war with Russia is over. 'MEPs (Members of the European Parliament) call on NATO allies to honor their commitment to Ukraine and pave the way for Kyiv to be invited to join the defense alliance,' said a press release issued by the European Parliament following the adoption of the resolution. The statement said the EU and its member states, along with NATO and 'like-minded' partners, must work closely with Ukraine to create a temporary framework for security guarantees regarding Kyiv. The European Parliament members stressed that this will be implemented immediately after the Russia-Ukraine war, adding that member states must work with Ukraine in this regard until the country achieves full membership. 'Parliament emphasizes that Ukraine's integration in both NATO and the EU would enhance regional and global security and strengthen the bonds between Ukraine and the Euro-Atlantic community,' the statement said. It stated that European Parliament members expect the 'accession process will start after the war is over and be finalized as soon as possible,' as well as a 'clear pathway' for Kyiv's EU accession. The parliament also condemned the destruction of the Kakhovka dam in southern Ukraine, calling it a "war crime" that resulted in an "environmental disaster" and "ecocide," according to the statement. It also accused Russia of being behind the dam explosion, noting that parliament members said 'all those responsible for war crimes, including the destruction of the dam, will be held accountable in line with international law.' Earlier last week, an emergency was declared on both sides of the Kakhovka dam in southern Ukraine's Kherson region after it burst - one side is controlled by Russia and the other by Ukraine. Russia and Ukraine traded blame over the blast, which destroyed part of the dam that supplied water to the Zaporizhzhia nuclear plant and Crimea, which was annexed by Russia in 2014.

Source: Anadolu Agency