October, 2022

• 31 October

  India unveils first private-sector aircraft manufacturing facility

  

  Gujarat / WAM     Narendra Modi, Prime Minister of India, on Sunday laid the foundation stone of the C295 aircraft manufacturing facility – the first aircraft manufacturing facility in India’s private sector. Asian News International quoted the Indian Prime Minister as saying that India is becoming a big manufacturing hub for the world. “Transport aircraft will give strength to our forces, ...

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• 31 October

  FTA refunds tax incurred on building, operating mosques

  

  Abu Dhabi / WAM  The Federal Tax Authority (FTA) launched a mechanism for refunding value added tax (VAT) incurred on building and operating mosques on the FTA’s e-Services portal, in light of cabinet decision No. (82) of 2022 in that regard, which came into force on October 29, covering all mosques in the UAE, provided that the refund applications are ...

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• 31 October

  COP27: ADB to launch several key initiatives

  

  Manila / WAM As the global community will gather in Sharm el-Sheikh, Egypt, for the COP27 climate conference, on November 6, the Asian Development Bank (ADB) announced that it will launch several flagship initiatives at the key decision-making forum of United Nations Framework Convention on Climate Change (UNFCCC), which aims to reduce greenhouse gas emissions and address climate change and ...

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• 31 October

  Opec’s world oil outlook to be launched at Adipec

  

  Abu Dhabi / WAM  The 2022 Opec World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) 2022 in Abu Dhabi on Monday, October 31. Opec’s Secretary General, Haitham Al Ghais, along with Opec experts, will present the major findings of the WOO 2022, as well as introduce a video with key messages ...

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• 31 October

  China boosted aid to new Pacific allies: Report

  

  China increased financial assistance to the Solomon Islands and Kiribati, its newest diplomatic partners in the Pacific, even as it cut overall support for the region in 2020, research by the Lowy Institute found. Total development finance from the world’s second-largest economy fell to $187.9 million in 2020 from $205.4 million the previous year, according to the Pacific Aid Map ...

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• 31 October

  Turkey says defense minister in talks on Ukraine grain deal

  

  Turkey is holding talks with Russia after Moscow pulled out of the July agreement to allow Ukrainian crop shipments, a pact seen as critical to alleviate the global hunger crisis. Russia said Saturday that it was suspending the agreement, blaming strikes on its naval fleet, and on Sunday suggested without evidence that the drone attacks were launched from the Odesa ...

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• 31 October

  Bolsonaro or Lula: Brazil heads to polls for historic vote

  

  Brazilians head to the polls Sunday for a presidential runoff between incumbent Jair Bolsonaro and former President Luiz Inacio Lula da Silva, in what’s become the country’s most significant election since the return of democracy almost four decades ago. Polling stations opened at 8 a.m. and will close at 5 p.m. local time, with the governorships for states including Sao ...

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• 31 October

  Seoul stampede leaves over 150 dead at Halloween festivities

  

  At least 153 people were killed and dozens injured following a crowd crush during Halloween celebrations in Seoul, marking one of the deadliest incidents in South Korea in years. The crowd surge occurred Saturday night in the popular nightlife district of Itaewon, after a large number of people entered a narrow alley behind the Hamilton Hotel, fire and police authorities ...

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• 31 October

  Investment to tackle climate change falls amid global crises

  

  Geneva/ WAM Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development (UNCTAD). Citing a bleak outlook for global foreign direct investment (FDI) in 2022, the report released in the lead-up to the UN ...

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• 31 October

  Nigeria to open bidding for deep offshore oil blocks

  

  Nigeria plans to auction deep offshore oil and gas licenses for the first time in 15 years, according to a senior government official. The West African country will launch a bidding round for seven deep-water blocks in November, the chief executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, said by phone. The government issued dozens of such permits ...

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