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Lebanon raises fuel prices by 50-70%

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Lebanon raises fuel prices by 50-70%

Beirut (Al Ittihad, Agencies)

Yesterday, Lebanon raised fuel prices by 50 to 70 percent, gradually coming into the framework of raising fuel subsidies, while the dollar reserves in Bank to Liban fell, and the economy plummeted as the country went downhill.
As a result, Lebanon’s fuel prices, which have been in recession for two years, have risen almost threefold in two months, ranking the World Bank the worst in the world since 1850.
Lebanon has been experiencing a severe fuel crisis for months, worsening this month, with Bank to Liban announcing the opening of black market dollars of nearly 20,000 20,000 per dollar to buy credit for fuel, causing panic among the population who flocked to gas stations in fear of a sharp rise in prices.
The decision by Bank to Liban sparked widespread controversy among politicians. Yesterday, officials announced a solution to import fuel at a price of 8 8,000 per dollar until the end of September.
This is the second time officials have adjusted the price of fuel imports, and at the end of June they began to finance the import of fuel.
Based on the provisional solution, the Directorate General of Oil announced yesterday that the price of octane 98 petrol will be 77,500 to 133,200 pounds (67 per cent increase), and 95 octane petrol 79,700 to 129 thousand pounds (66 per cent).
Domestic gas bottle prices rose by 58,500 to 90,400 pounds (50 per cent) and diesel by 58,500 to 101,500 pounds (73 per cent).
Banquet du Lipon supports fuel imports through a mechanism that provides 85 percent of the total cost of imports, with importers paying the remaining amount according to the official exchange rate, the black market exchange rate.
Banquo du Liban has been demanding for months that the subsidy on basic commodities be forcibly reduced to dollars in reserve, which is a percentage of deposits made by private banks with the central bank.
The fuel crisis is reflected in a variety of sectors, including hospitals, bakeries, communications and food products. In recent months, the ability to deliver nutrients to all parts of Electricity to Liban has decreased, so the ration time has exceeded 22 hours a day.
Private generators can no longer save the fuel they need for power outages and are forced to raise rations and tariffs significantly as a result of buying diesel from the black market.
The United Nations says most Lebanese people earn their wages in local currency, which has lost more than 90 percent of its value against the dollar, while about 80 percent of the population lives below the poverty line.

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Emirates News Agency – Tomorrow… the conclusion of the European stages of the President’s Cup for Arabian horses in the Netherlands

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Emirates News Agency – Tomorrow… the conclusion of the European stages of the President’s Cup for Arabian horses in the Netherlands

THE HAGUE, September 23 / WAM / His Highness’s European leg of the President’s Cup Series for Thoroughbred Arabian Horses will conclude tomorrow, Sunday, in The Hague, Kingdom of the Netherlands, by hosting the 11th leg on the “Dandocht” grass track. A precious trophy in its “30th” edition.
This prestigious cup racing series is held under the patronage and guidance of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidency of the United Arab Emirates and His Highness Sheikh Mansour Bin Zayed Al Nahyan, who has a keen interest in promoting the Arabian horse racing industry. Supports owners and breeders of Arabian horses in all countries of the world.
It is conducted based on the UAE’s abiding interest in preserving the Arabian horse journey, as it is a true legacy of the UAE’s national heritage and an extension of the approach of its late founder, Sheikh Zayed bin Sultan Al Nahyan, may God be pleased with him. Be kind to him.
Raced over a distance of 2,150 meters for horses 4 years of age and older, the President’s Cup Race for Arabian Horses testifies to a group representing the elite of Arabian horses, stalls and stables on the European continent. The third type.
The list of participating horses includes champions of expensive Cup races at previous stations and a group of stars from major Arabian horse races around the world, such as: the horse “Messi” (Dos x Jeanne d’Arc Pint Dorman) owned by Fido Keersmaekers. Supervised by trainer Timo Keersmaekers and led by jockey William Mungel and horse “Jarf” (Dahes).
There is the horse “Salva” (Galino x Ragia Pint Amer) owned by Vatnan Racing, overseen by trainer Alban de Miol and jockey Stephen Brooks, and “Alegio” (Nishane x Gibellina Pint Darvish) owned by owner and trainer Marion Falk. Weissmeier and Jackie Robin Haydns and “Picasso T.” (Maqadir x Baiba de pint Djendal) owned by SBM Horse Racing, jockey Stephen Haylen under the supervision of trainer Susan Postema and “Faridha Bey” (Al Haniyas) DA bint Majd Al Arab) owned and trained by Peter Dekkers and led by jockey Christoph Dehens, and “Babylon” T (Al Murtajaz x Beba de Pint Jandal) is owned and trained by Jotlef Gerard and ridden by jockey Kobi Vanderbeek.
Faisal Al-Rahmani, General Supervisor of the President’s Cup Series for Thoroughbred Arabian Horses, said: “With the conclusion of the European Stations in the Netherlands, we confirm the unprecedented success of the prestigious European racetracks in expensive Cup races.” After the “30th” edition was held in their respective countries, there is a great and shared interest with the United Arab Emirates in creating strong races for Arabian horses (France, Italy, Poland, Belgium, Sweden, etc.) to the highest levels. , Britain, Kazan, Russia and Germany), which embodies the prestigious status of the event and its long-standing leadership throughout its historical journey.
He added: These victories are due to the generous support of the beloved cup series and also reflect the pioneering role of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the UAE. His keen interest in promoting the success of the Arabian horse racing process in the office of the President and globally.
Al-Rahmani stressed the importance and place of the Dutch station race in the agenda of expensive cup races, which succeeded in achieving important achievements at the level of encouraging owners and breeders to show interest in the Arabian horse. Its success, and the strong participation of elite European and Dutch Arabian horses, is witness to the race.

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Awad Mukhtar/ Sami Abdel Azim/ Mustafa Badr El-Din

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Libyan official: number of victims of cyclone “Daniel” rises to 3,753 in Derna

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Libyan official: number of victims of cyclone “Daniel” rises to 3,753 in Derna

Muhammad al-Jarh, spokesman for the Libyan government’s Supreme Committee for Emergencies and Rapid Response, appointed by the parliament, announced that the number of victims of Hurricane “Daniel” rose to 3,753 deaths in the city of Derna after 168 bodies. Recently recovered.

At a press conference from the city of Shahad on Friday evening, Al-Zar indicated that a program for psychological care had been created in the storm-affected areas.

Al-Zar said a multi-person advisory committee would be formed to provide support to the Supreme Emergency Committee.

Talking about the issue of establishing an executive committee for the Terna City Council, the speaker emphasized that it will be the voice of the city during the next phase and will replace the sacked City Council.

He pointed out that the government appointed by the House of Representatives announced on Friday that a conference on the reconstruction of Terna will be held on the 10th of October, indicating that “modern and fast” ideas will be presented. For the reconstruction of Terna and other areas affected by “Daniel”.

It is noteworthy that since the disaster occurred on September 10, there have been conflicting reports about the number of people who died due to the flood.

The World Health Organization says 4,014 people have died and more than 8,500 are still missing.

“The scale of this disaster is staggering… and it is no exaggeration to say that rapid and coordinated action is needed,” said Dr. Ahmed Zuidan, WHO representative in Libya. We are working closely with our partners, national authorities and the international community to provide vital assistance.

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“Saving lives and restoring essential health services at this very difficult time.”

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Emirates News Agency – Sheikha Fatima bint Mubarak International Holy Quran Competition concludes and honors outstanding performers and participants at seventh session

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Emirates News Agency – Sheikha Fatima bint Mubarak International Holy Quran Competition concludes and honors outstanding performers and participants at seventh session

Dubai, 22nd September / WAM / Dubai International Holy Quran Award Sheikha Fatima bint Mubarak concluded the activities of the seventh session of the International Holy Quran Competition in a ceremony held at the Culture and Science Seminar Hall in Al Mamzar area of ​​Dubai. Development Foundation in the presence of Sheikha Hessa Bint Makhtoum Bin Juma Al Maktoum and Sheikha Amina Bint Humaid Al Tayer, Chairman of the Board of Directors of Al Nahda Women’s Association and Her Highness Maryam Mohammed Al Rumaidi, Director General of the Family, Representative of Her Highness Sheikha Fatima Bint Mubarak, “Mother of the Emirates”, General President of Women’s Association, President of Supreme Council for Motherhood and Childhood, Supreme President of Family Development Trust

The ceremony was attended by a large number of community women, contestants and their companions, directors of Holy Quran meditation centers and representatives of awards and Quran institutions in the country.

The ceremony started with the recitation of a verse from the Holy Quran, followed by a speech by Ayesha Azza Mohammed Rashid, the contestant from the Republic of India, and then by the Dubai International Holy Quran Award. , the audience watched a documentary on the progress of Sheikha Fatima Bint Mubarak, Secretary General of the Sheikha Latifah Award for Childhood Creativity on behalf of Consultant Ibrahim Mohammed Bu Melha, Chairman of the Organizing Committee of the Dubai International Holy Quran Award. After the International Holy Quran Competition, which was launched seven years ago, the audience listened to selected recitations by the contestants, including Sheikha Alia bint Zayed bin Makhtoom Al Maktoum and Sondos Zayed Mohammed from the United Arab Emirates. Al-Murabid from the Kingdom of Jordan and Morocco recited their best verses of the Holy Quran, and then the audience followed the recorded request of Dr. Sajjad Mustafa Kamal Al-Hasan, Chairman of the International Competition Jury. Kingdom of Saudi Arabia.

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Later, Sheikha Hessa bint Makhtoum bin Juma Al Maktoum, patron of the ceremony, along with Her Highness Maryam Mohammed Al Rumaidi, honored the top ten winners and all participants in the seventh session of the competition, where Jordanian contestant Sundos. Saeed Mohammed Siddawi won first place, Amad Al-Rahman Badi Gulai from Bahrain took second place, Yasmin Old Daly from Algeria, Masla Jamal Al-Din from Indonesia and Asma Abdel-Rahman Abdullah Abdul-Malik from Yemen took third place. Placement (again), sixth place went to Senegal’s Andy Buso Zatra, while Bangladeshi contestants Naseeba Huq Feza and Ayesha Hameed Muhammad reached seventh place (again). From Cameroon, the ninth place went to Tanzanian Sumaya Ali Juma and rival Samira. Finland’s Noor Mullum finished tenth, rematching Uganda’s Nabila Nansubuka.

Reda Abdel Noor/ Salama Al Shamsi

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