No turning back on a more inclusive Saudi Arabia: Princess Reema

Arab News

June 27, 2018

Jeddah, Jun 27: Now that the ban on women driving in Saudi Arabia has been lifted, there will be no turning back as the Kingdom moves forward to a more inclusive future, Princess Reema bint Bandar said in an interview with CNN’s Christiane Amanpour.

“It’s a relief and now, honestly, the onus is on us to take the next step forward in the growth of the inclusion of women in our community,” the executive vice president of the General Sports Authority said in an interview that aired a day after the ban was lifted.

“I’m wonderfully excited. I’m excited for everybody that actually stayed up and got in the car at midnight to take this drive because the symbolism of that is that we’re taking control, but we’re taking control collectively,” the princess said. “This isn’t a singular activity, this isn’t an anomaly. This is our current state, and this is the future state. This isn’t something you go back from.”

Princess Reema credited the “monumental shifts” that have taken place in the past year since Mohammed bin Salman was appointed crown prince. “We went from a community saying no, do not participate in sports, to women entering the stadiums, to traveling the world with young female athletes and that’s just in my small sector.”

The princess said a “critical conversation” about the country’s guardianship law is already happening. “Everyone is having this conversation, the women in government are having the conversation. The timeline of this change is not what I’m in control of, but the dialogue and the narrative is there,” she said.

“I can tell you as a divorced mother of two, this is urgent...Is it going to happen today? I couldn’t tell you. Would I like to see it in the near future? Absolutely.”

Princess Reema was one of the first to retweet Arab News’ animated online illustration of a Saudi woman driving, titled “Start Your Engines,” by renowned artist Malika Favre.

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The west is always thinking how to get Muslim women from their homes to streets. This is the first step towards that. All the best.

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ABB India Q1 profit drops to Rs 66 crore on COVID-19 impact

News Networkwork

May 14,2020

Bengaluru, May 14: ABB India has posted a profit after tax of Rs 66 crore during the first quarter (January to March) due to lower volumes including service revenue and unfavourable mix.

In Q1 CY19, it had reported a profit after tax of Rs 89 crore. ABB India follows calendar year as its fiscal year.

The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business during the quarter.

Revenues for the first quarter stood at Rs 1,522 crore, impacted by lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the COVID-19 pandemic. This impact primarily occurred in March, the company said in a statement.

ABB India said it continues to maintain a stable cash position of Rs 1,464 crore as on March 31 in a market where cash collection continues to be a challenge.

Besides, despite many activities coming to a standstill in March, the quarter was marked by commissioning for a mining major at Raigarh in Chhattisgarh, electrical and automation systems for a cement major and port and electrics, drives and automation for a leading mill in Bangladesh.

Terminal installation and commissioning for LPG, power management electrical control system for a leading refinery and commissioning of two units of a power plant in Kerala are some of the other projects where ABB's involvement ensured continuity and safe operations, it said.

On a global scale, the impact of COVID-19, as well as the fall in oil prices, has significantly impacted the short-term outlook. The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the pandemic.

Despite unprecedented stimuli by governments and central banks around the world and initial signs of recovering economic activity in China, macro-indicators point to a global recession of uncertain duration as many countries continue to face restrictions with anticipated long-term economic consequences, said ABB India.

While the company is taking prompt action to adapt its operations and cost base to safeguard profitability, it expects the results in the coming quarter to be impacted due to the loss of volumes.

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India sees highest single-day spike of 20,903 COVID-19 cases, tally reaches 6,25,544

News Network

July 3,2020

New Delhi, Jul 3: India reported the highest ever single-day spike of 20,903 COVID-19 cases in 24 hours on Friday, said the Union Ministry of Health and Family Welfare.

With these new cases, India's coronavirus tally has risen to 6,25,544 cases of which 2,27,439 patients are active cases while 3,79,892 patients have been cured/discharged/migrated.

379 more deaths due to COVID-19 were reported in the country in the last 24 hours, taking the number of deaths due to the infection to 18,213.

As per the Health Ministry, Maharashtra -- the worst-affected state from the virus -- has a total of 1,86,626 cases including 8,178 fatalities while Tamil Nadu has 98,392 coronavirus cases in the state inclusive of 1,321 fatalities.

Delhi has reported 92,175 cases so far inclusive of 2,864 patients succumbing to the virus.

The Indian Council of Medical Research on Friday said that the total number of samples tested till July 2 is 92,97,749 of which 2,41,576 samples were tested on Thursday.

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