Latest from 3yon News
3yon News
4 days ago
- Business
- 3yon News
ترامب من قمة السبع: إيران لن تنتصر ويجب أن تتفاوض قبل فوات الأوان
DMO Patience Oniha Dr Patience Oniha, Director-General, Debt Management Office, DMO, says Nigeria is on a steady path of economic recovery, driven by fiscal reforms, improved credit ratings, and targeted investments in infrastructure and environmental sustainability. Mrs Oniha said this at an investors meeting for the Series III Sovereign Green Bond issuance on Monday in Lagos. She said that Nigeria had recorded notable improvements in its macroeconomic fundamentals, including stabilising inflation, gradual Gross Domestic Product, GDP, growth, and a rebound in crude oil production. According to her, global credit rating agencies, including Moody's and Fitch, had upgraded Nigeria's outlook, reflecting growing investor confidence in the country's economic trajectory. 'We have seen improvements in our ratings. There is clearly a difference from where we were before. 'This suggests that the reforms are working, even if the results are gradual,' she said. On inflation, Mrs Oniha said that while it initially spiked to 30 per cent, it has since stabilised between 23 per cent and 24 per cent. 'That stabilisation is an indication that the economy is responding to monetary and fiscal policies,' she said. She stressed the importance of GDP growth and infrastructure investments. 'We have seen post-COVID growth, though we acknowledge it should be higher. 'That is why there is a strong focus on infrastructure through the three-year National Development Plan. 'It is private sector-led, and once infrastructure improves, growth will accelerate,' she said. She highlighted the recovery in oil production, noting that Nigeria had increased output from below one million barrels per day to between 1.5 and 1.6 million barrels. She said that reforms in the oil sector, which include the unbundling of the NNPC into a limited liability company, were yielding results. Turning attention to Nigeria's growing commitment to climate financing, Mrs Oniha announced plans to issue a N50 billion Sovereign Green Bond. According to her, the bond, which follows earlier issuances in 2017 and 2019 totaling about N25.69 billion, is part of the country's broader strategy to tackle climate change and support environmental sustainability. NAN
3yon News
10-06-2025
- Politics
- 3yon News
الجوازات السعودية تؤكد جاهزية جميع المنافذ لإنهاء إجراءات مغادرة ضيوف الرحمن
STORY: :: A Russian air attack hit a high-rise building next to the office of the European delegation to Ukraine :: Kyiv, Ukraine :: June 10, 2025 :: Katarina Mathernova, Ambassador of European Union to Ukraine 'Last night was horrendous attack on Kyiv with multiple drones, hundreds of drones and missiles. And in fact, a building right across the street from the European Union delegation was actually severely damaged. And a car in our parking lot got damaged by debris.' Glass facade was ruined on several floors and an exterior wall was damaged on two floors. The Russian attack also damaged Saint Sophia Cathedral, a UNESCO world heritage site located in the historic centre of Kyiv, Ukrainian Culture Minister Mykola Tochytskyi said. One person died in the attack on Kyiv, city authorities said. At least four people were treated in hospital after seven of the capital's 10 districts were hit, city officials said.
3yon News
02-06-2025
- Business
- 3yon News
إعلان شركة نفوذ للمنتجات الغذائية عن نتائج إجتماع الجمعية العامة غير العادية التي تضمنت الموافقة على زيادة رأس مال الشركة (الاجتماع الأول)
1. The company's financial statements for the fiscal year ending on December 31, 2024, were reviewed and discussed. 2. The Board of Directors' report for the fiscal year ending on December 31, 2024, was reviewed and discussed. 3. Approval of the auditor's report for the fiscal year ending on December 31, 2024, after discussion. 4. Approval of appointing Alzoman, Alfahad & Alhajjaj professional services Chartered Accountants as the company's external auditor from among the nominated firms based on the recommendation of the Audit Committee, to examine, review, and audit the financial statements for Q2, Q3, and the annual financials of 2025, and Q1 of 2026, with a total fee of SAR 390,000. 5. Approval of allowing Board Member Mr. Faisal bin Abdullah Al-Omaiqan to engage in activities competing with the company's business. 6. Approval of authorizing the Board of Directors with the powers of the Ordinary General Assembly as stated in paragraph (1) of Article 27 of the Companies Law for a period of one year from the date of this General Assembly's approval or until the end of the term of the authorized Board, whichever comes first, in accordance with the relevant executive regulations for listed joint-stock companies. 7. Approval of discharging the members of the Board of Directors from liability for the fiscal year ending December 31, 2024. 8. Approval of the Board of Directors' recommendation to distribute cash dividends amounting to SAR 11,908,359 (eleven million, nine hundred eight thousand, three hundred fifty-nine Saudi riyals) to shareholders for the fiscal period ending December 31, 2024, at SAR 0.25 per share, representing 25% of the nominal value of the share. Eligibility shall be for shareholders holding shares at the end of the trading day on the date of the General Assembly and registered in the company's shareholders register at the Securities Depository Center (Edaa) by the end of the second trading day following the eligibility date. Dividend distribution will commence on 15-06-2025. 9. Approval of disbursing board member remuneration in the amount of SAR 990,000 for the fiscal year ending December 31, 2024. 10. Approval of disbursing Audit Committee member remuneration in the amount of SAR 164,481 for the fiscal year ending December 31, 2024. 11. Approval of business and contracts to be concluded between the company and Abdullah Ibrahim Al-Omaiqan Real Estate Co., in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. These involve a lease contract for administrative offices and showrooms located in Al-Nuzha district, Riyadh. The contract duration is two calendar years, with an annual rental value of SAR 1,263,708 (exclusive of VAT). The total value of transactions in 2024 was SAR 1,263,708. These contracts were executed in the ordinary course of business and under prevailing commercial terms without preferential conditions. 12. Approval of business and contracts to be concluded between the company and Mosakhan Waraq Enab Food Services Establishment, in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. The contract is for the sale of food products with a one-year term. The total value of transactions in 2024 amounted to SAR 597,099 (exclusive of VAT). These contracts were executed in the ordinary course of business and under prevailing commercial terms without preferential conditions. 13. Approval of business and contracts executed between the company and Al-Omaiqan Holidays and Travel, in which Board Members Mr. Faisal Abdullah Ibrahim Al-Omaiqan and Mr. Ibrahim Abdullah Ibrahim Al-Omaiqan have an indirect interest. This involves an agreement to provide ticket booking services. The total value of transactions in 2024 amounted to SAR 367,291 (exclusive of VAT). These transactions were conducted in the ordinary course of business and under prevailing commercial terms without preferential conditions. 14. Approval of the amendment to the Audit Committee Charter. 15. Approval of the amendment to the Nomination and Remuneration Committee Charter. 16. Approval of the amendment to the Policy, Standards, and Procedures of Membership in the Board of Directors and its Committees. 17. Approval of the Competitive Activities Standards. 18. Approval of the Policy on Remuneration for Board Members, Committees, and Executive Management. 19. Approval of the Board of Directors' recommendation to increase the company's capital through the issuance of bonus shares as follows: • The capital increase will be through the capitalization of SAR 48 million from retained earnings, by granting one share for every one share held. • Total increase amount: SAR 48,000,000 • Capital before increase: SAR 48,000,000 • Capital after increase: SAR 96,000,000 • Increase percentage: 100% • Number of shares before the increase: 48,000,000 shares • Number of shares after the increase: 96,000,000 shares The capital increase aims to strengthen the company's financial position, support its expansion plans, and enhance shareholder returns by growing its business and seizing opportunities in the food sector. • Number of bonus shares: 1 share for every 1 share held • The increase will be through the capitalization of SAR 48,000,000 from retained earnings. Eligibility date: Shareholders who own shares by the end of the trading day on the date of the Extraordinary General Assembly and are registered with the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date. Fractional shares: In the event of fractional shares, they will be grouped in one portfolio and sold at market price. The proceeds will be distributed to eligible shareholders based on their respective entitlements within 30 days from the date of determining the entitled shares for each shareholder. • Approval of the amendment to Article (7) of the company's Articles of Association related to capital. Page 2 الأربعاء 01 مارس 2017 11:18 مساءً Page 3
3yon News
24-05-2025
- Business
- 3yon News
بدرع الموهوبين الإعلامية هبة عبد الفتاح تكرم الرسام محمد علي
Kate Parker, Scion's team lead for sustainable materials, said the global drive to eliminate single-use plastic packaging had created a need for high-performance, eco-friendly alternatives. 'Moulded fibre packaging is a sustainable, compostable option, but it often falls short in strength and moisture resistance compared to plastic. 'By incorporating agricultural byproducts, we hope to improve the functionality of fibre trays and provide an innovative use for materials that would otherwise end up in landfill.' Mission This project aligns with Scion's mission to drive a circular bioeconomy, repurposing organic waste into valuable products and maximising resource efficiency while minimising environmental impact. 'The horticulture and agriculture industries generate large volumes of organic waste,' Parker said. 'Instead of seeing these byproducts as a problem, we are exploring how they can become part of the solution. 'By integrating waste streams into new materials, we can help New Zealand move away from plastic and support local producers.' Michaela Frost, owner of Mamaku Blue, which is known for its high-quality blueberry products, says this collaboration is a step toward a more sustainable future. 'Repurposing our blueberry byproduct is a fantastic opportunity for our business and the environment. 'We repurpose some of our waste for certain products, but not all can be stored indefinitely or processed in time, leading to some disposal. 'Exploring moulded fibre packaging is an exciting step forward.' Byproducts Matthew Parker, a health sciences student from the University of Otago and BPA Summer Student Internship, contributed to the work during his 12-week placement. He tested two other agricultural byproducts: avocado stones from oil extraction and cabbage wrapper leaves from farms. These byproducts were mechanically refined before being blended with wood fibre and made into trays using Scion's pilot-scale moulded fibre thermoformer – the only one of its kind in New Zealand. Initial results showed blueberry pulp and microfibres altered the trays' appearance, while cabbage microfibres significantly improved water resistance. Future research will explore blending these materials to see if their combined properties offer further benefits.
3yon News
16-03-2025
- Automotive
- 3yon News
بسطة خير تدعم 600 بائع جائل في المناطق
PROVENCAL, La. (KALB) - Natchitoches Parish Sheriff's Office reported that an Amazon delivery driver needed rescue after their car became stranded on a muddy road near Provencal on Saturday, March 15. Authorities said the received the call at about 12:50 p.m. that afternoon. The driver said he was delivering packages when his GPS took him down a dirt road where he almost flipped his car. NPSO said they received a call from a stranded Amazon delivery driver. (NPSO) 911 operators were able to pinpoint his location to near Lime Kiln Road near Provencal. Authorities said the road he was driving on was not maintained by the parish. A deputy was sent out to help, but was unable to reach the stranded driver due to the road conditions. A local wrecker service was contacted, but faced the same issue. Deputies then contacted Provencal Police Department, who drove out a side-by-side. PPD and NPSO were able to reach the stranded driver using the side-by-side, but determined that the car could not be moved until conditions improved. So, they decided to take the driver and the packages to safety. After the rescue, authorities said another Amazon driver was called in to deliver the packages. NPSO and PPD rescued an Amazon driver on March 15. (NPSO) NPSO thanked Provencal Police Chief Eric Upchurch for his help and his quick response which ensured the safe delivery of the packages. Click here to report a typo. Please provide the title of the article in your email. Copyright 2025 KALB. All rights reserved.
