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Honeywell launches new range of chic wiring devices

Honeywell has launched MK Aria, a decorative range of low-voltage wiring devices designed to meet the growing trends of minimalism in product design and contemporary finishes across key sectors in the region. The new range incorporates the latest in-built USB charging technologies with A+C type ports. With a variety of contemporary colors, catering to the evolving aesthetic

GCC government deficits to drop by half in 2021, S&P says

RIYADH: Gulf Cooperation Council (GCC) countries’ borrowing requirements will drop sharply in 2021 as economic activity picks up, oil prices rise and governments constrain spending, according to S&P Global Ratings. Central government deficits will fall to 5 percent of GDP, or about $80 billion, in 2021 from 10 percent of GDP, or $143 billion in 2020, S&P credit analysts led by

Repsol exits Russian JV

The company is scaling back its upstream operations to focus on value over volume and free up capital for investment in renewables.

IAEA head calls Iran s nuclear program very concerning - FT

ZURICH: The head of the United Nations’ nuclear watchdog agency called Iran’s uranium enrichment program “very concerning” in an interview with the Financial Times published on Wednesday. Iran was enriching uranium at purity levels that “only countries making bombs are reaching,” Rafael Grossi, director general of the International Atomic Energy Agency, told the newspaper.

One dead, 2 wounded in explosion at petrochemical company in Iran s Asaluyeh

DUBAI: One person died and two others were injured in a massive explosion at a petrochemical company in Iran’s city of Asaluyeh, TV news channel Al-Arabiya reported Al-Arabiya reported citing local sources. The blast happened in the oxygen transmission pipeline of two petrochemical facilities in the city, the governor of Asaluyeh Abdolnabi Yousefi said. “Currently, a technical

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