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K-Electric surrenders principle of reciprocity, int'l arbitration

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February 5, 2021
ISLAMABAD: In a goodwill gesture, the top management of K. Electric has withdrawn its main conditions of Principle of Reciprocity and arbitration through London Court from its draft terms of reference (ToRs) to resolve once for all the decade old disputes over receivables and payables between the K.E and the government entities. The shareholders of K. Electric from Kuwait, Dubai and Saudi Arabia have also given the nod to the top management to remove the clause of Principle of Reciprocity and agree to the local arbitration mainly on the demand of the government paving the way to resolve the historic dispute over receivables and payables, a senior official at Ministry of Energy confirmed to The News. ....

United Arab Emirates , Saudi Arabia , City Of , United Kingdom , Power Division Ali Raza Bhutta , London Court , Ministry Of Energy , Shanghai Electric Power , Power Division Ali Raza , ஒன்றுபட்டது அரபு அமீரகங்கள் , சவுதி அரேபியா , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , பவர் பிரிவு அலி ர்யாஸா பூட்டா , லண்டன் நீதிமன்றம் , அமைச்சகம் ஆஃப் ஆற்றல் , ஷாங்காய் மின்சார பவர் , பவர் பிரிவு அலி ர்யாஸா ,

Turkey Needs Defense Sector For Int'l Voice: Official

Defense industry serves as locomotive for economy, national security, says industry and technology minister. ....

Mustafa Varank , Technological Research Council Of Turkey , Needs Defense Sector For Intl Voice , Technology Minister Mustafa Varank , Technological Research Council , தொழில்நுட்ப ஆராய்ச்சி சபை ஆஃப் வான்கோழி , தேவைகள் பாதுகாப்பு துறை க்கு இந்தில் குரல் , தொழில்நுட்ப ஆராய்ச்சி சபை ,

Resolution of dispute over receivables, payables: K-Electric surrenders principle of reciprocity, int'l arbitration

ISLAMABAD: In a goodwill gesture, the top management of K-Electric has withdrawn its main conditions of Principle of Reciprocity and arbitration through the London Court from its draft terms of. ....

United Arab Emirates , Saudi Arabia , City Of , United Kingdom , London Court , Ministry Of Energy , Shanghai Electric Power , ஒன்றுபட்டது அரபு அமீரகங்கள் , சவுதி அரேபியா , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , லண்டன் நீதிமன்றம் , அமைச்சகம் ஆஃப் ஆற்றல் , ஷாங்காய் மின்சார பவர் , செலுத்த வேண்டியவை ,

Kazakhstan allots land plot for Int'l trade center «Central Asia»

Kazakhstan allots land plot for Intâl trade center Â«Central AsiaÂ»
2 February 2021 11:06
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NUR-SULTAN. KAZINFORM â Kazakhstan has allotted a land plot for the construction of the International Trade and Economic Center Â«Central AsiaÂ», Minister of Trade and Integration Bakhyt Sultanov revealed at the Tuesdayâs session of the Government, Kazinform reports.
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At the same time, Sultanov added that there were some delays in the implementation of the project.
In his words, at the moment the Kazakh side is looking at the additional options to implement the project which is bound to boost cross-border trade with Uzbekistan. The project is expected to drum the two-way trade up to $10 billion. ....

Bakhyt Sultanov , Economic Center , Central Asia , International Trade , Integration Bakhyt Sultanov , Kazakhstan Uzbekistan , பொருளாதார மையம் , மைய ஆசியா , சர்வதேச வர்த்தகம் , காஸக்ஸ்டாந் உஸ்பெகிஸ்தான் ,

SAP-owned Qualtrics valued at nearly $21 billion in New York debut

3 Min Read
(Reuters) - Shares of Qualtrics International Inc jumped nearly 40% on Thursday in their Nasdaq debut, valuing the firm at nearly $21 billion, against the backdrop of a capital market frenzy that has seen investors flock to technology stocks.
FILE PHOTO: The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. REUTERS/Ralph Orlowski
Shares of the survey-software seller, owned by German business software giant SAP SE, opened at $41.85, after it raised about $1.55 billion in its upsized initial public offering.
The blockbuster debut underscores that investor appetite for high-growth tech stocks shows no signs of abating in the near term, even as U.S. capital markets hit record highs. Companies raised a record $168 billion through IPOs in 2020, according to data from Dealogic. ....

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