UAE expats welcome trial flight landing in Kerala’s 4th international airport

February 24, 2016

Dubai, Feb 24: Expatriates from Kerala are excited about having a fourth international airport in their home state.

kannur

The Kannur International Airport (KIA) is all set to have its first trial landing of an aircraft on February 29. Expats from Malabar region cannot wait for the airport to be fully operational, as that would mean they can directly fly into their hometown.

The Director General of Civil Aviation has given clearance and a defence aircraft will touch down on the runway on the morning of February 29. The military plane will take off from the Karipur International Airport and land on the partially-completed runway. Full-fledged operation of international flights from KIA will commence from September 2016.

“KIA, which boasts a 4,000 meter runway when completed, is strategically positioned for both expatriates and business community from Malabar region. It can accommodate international travellers from Coorg and Mysore from the neighbouring state of Karnataka apart from serving those of the surrounding districts in Kerala, such as Vayanad, Kasargodu and Kozhikkodu, said Vinay Nambiar, UAE Country Head, Spice Jet. “Today someone going to Coorg need to travel to Mangalore and then take a road journey of about six hours,” he added.

The expected flow of international passengers through the new airport by 2026 is 4.6 million passengers per year and a cargo movement of 60,758 tonnes per annum. The projected aircraft movement from KIA is 39,638 per annum with a peak hour aircraft movement of 18 flights.

Speaking to Emirates 24|7, P Shashindran, a resident of Kannur, said: “Out of four international airports in Kerala, KIA is going to be the biggest international airport with 4,000 meter runway, making it suitable for any type of aircraft to land there.” He said, other two adjacent airports are table-top airports with limited space for expansion.

“With the completion of KIA, the place will become another hub for textile exports from India. Recently the National Institute of Fashion Technology came to Kannur and I am sure the airport project will only boost it further. There is not a single family in Malabar without a NRI and the new airport will definitely be useful,” he added.

A fifth airport in central Kerala has been in debate for some time now. KIA is being developed by Kannur International Airport Ltd (KIAL), a public limited company. The Phase 1 project cost would be approximately Indian Rs.1,892 crore including the cost of land.

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News Network
January 16,2020

Dubai, Jan 16: The UAE Ministry of Climate Change and Environment on Wednesday announced that it has banned the import of birds, some eggs and meat products from Hungary and Slovakia.

The ministry said the decision was taken following a notification from the World Organization for Animal Health (OIE) on the outbreak of a highly pathogenic strain of bird flu, H5N2, in the two countries.

Accordingly, the ministry has banned "the import of all species of domestic and wild live birds, ornamental birds, chicks, hatching eggs, meats and meat products and non-heat-treated wastes from Hungary and Slovakia".

It has also regulated the import of poultry meat and non-heat-treated products, requiring a health certificate for the export of meat and meat products from the two countries to release consignments into the UAE.

A health certificate will be needed for the import of eggs, the ministry added.

However, thermally-treated poultry products (meat and eggs) have been cleared for import from all parts of Hungary and Slovakia.

Kaltham Ali Kayaf, Acting Director, Animal Development & Health Department at the ministry, said: "These measures reiterate the ministry's keenness in achieving its strategic objectives including enhancing bio-security levels and eliminating pathogens before they enter the country. In doing so, the ministry prevents the bird flu virus and related risks and impacts on the country's poultry health and safety, in addition to protecting public health and well-being."

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News Network
January 12,2020

Dubai, Jan 12: Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called "greenshoe option" to sell millions more shares to meet investor demand.

The company said that the sale of an additional 450 million shares took place during the initial public offering process.

The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on December 11. It hit hit upwards of $10 a share on the second day of trading. This gave Aramco a market capitalization of $2 trillion, making it comfortably the world's most valuable company.

Aramco's additional sales mean the company has publicly floated 1.7% of its shares. It's IPO, even before the added sales, was the world's largest ever.

The shares sold in the over-allotment option "had been allocated to investors during the book-building process and therefore, no additional shares are being offered into the market today," Aramco said.

Company shares traded down on Sunday, dipping to around 34.7 riyals, or $9.25 a share, amid heightened tensions in the Persian Gulf between Iran and the United States. Aramco was a target of rising tensions over the summer when a missile and drone attack, which Saudi Arabia and the US blame on Iran, temporarily halved its production.

Sunday's trading figures value Aramco at $1.85 trillion, still well ahead of Apple, the second largest company in the world after Aramco, but below the $2 trillion mark sought by Crown Prince Mohammed bin Salman.

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Agencies
July 19,2020

Occupied Jerusalem, Jul 19: Israeli Prime Minister Benjamin Netanyahu’s corruption trial resumed on Sunday.

Netanyahu is charged with fraud, breach of trust and accepting bribes in a series of scandals in which he is alleged to have received lavish gifts from billionaire friends and exchanged regulatory favors with media moguls for more agreeable coverage of himself and his family.

Netanyahu denies wrongdoing, painting the accusations as a media-orchestrated witchhunt pursued by a biased law enforcement system.

The trial opened in May. Just before appearing in front of the judges, Netanyahu took to a podium inside the courthouse and flanked by his party members bashed the country’s legal institutions in an angry tirade.

Netanyahu was not expected to appear at Sunday’s hearing, which is taking place at an occupied Jerusalem court and is mostly a procedural deliberation.

The trial resumes as Netanyahu faces widespread anger over his government’s handling of the coronavirus crisis.

While the country appeared to have tamped down a first wave of infections, what’s emerged as a hasty and erratic reopening sent infections soaring. Yet even amid the rise in new cases Netanyahu and his emergency government — formed with the goal of dealing with the crisis — appeared to neglect the numbers and moved forward with other policy priorities and its reopening plans.

It has since paused them and even re-impose restrictions, including a weekend only lockdown set to begin later this week.

Netanyahu’s government has been criticized for a baffling, halting response to the new wave, which has seen daily cases rise to nearly 2,000. It has been slammed for its handling of the economic fallout of the crisis.

His trial thus comes at inopportune timing. Netanyahu had hoped to ride on the goodwill he gained from overcoming the first wave of infections going into his corruption trial, but the increasingly souring mood has affected his approval rating and may deny him the public backing he had hoped for. The anger has sparked protests over the past few weeks that have culminated in violent clashes with police.

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