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Muscat: Local investment institutions increased their purchases at the Muscat Stock Exchange (MSX) in the week’s trading to absorb foreign selling and individual sales at a time when stock prices recorded further declines and presented attractive opportunities for long-term investment portfolios. About 41 securities recorded a decline in trading duringthe week, including a number of banks, telecommunications and energy companies, in addition to leading industrial companies. These declines came before the end of the fiscal year for most public joint-stock companies listed on the Muscat Stock Exchange, which prompted local investment institutions to increase their purchases of shares amid expectations of an improvement in the financial performance of most companies listed on the stock exchange. Purchases by local investment institutions during the week amounted to OMR17.9 million, accounting for 65.1 percent of the total trading value, compared to sales worth OMR6.7 million, representing 24.6 percent of the total trading value. The declines witnessed by stocks during the week led to a decline in the main index and sectoral indices of the stock exchange. The main index recorded a decline of about 46 points and closed at 4,563 points, the financial sector index decreased by 30 points, the industrial sector index recorded a decline of 46 points, the services sector index lost about 20 points, and the Sharia index fell to 408 points, recording a decline of 10 points. On the other hand, 21 securities recorded an increase during the past week, most notably Dhofar Food and Investment, Al Madina Investment Holding, Oman Fisheries, Aman Real Estate Investment Fund, and Bank Sohar International. During the week, trading rose to OMR27.5 million compared to OMR11.4 million Omani riyals in the previous week, in which trading was limited to 3 days. The number of deals executed during the week also rose to 7,829 compared to 4,382 deals in the previous week. OQ Exploration and Production topped the most traded companies in terms of trading value with OMR12.6 million, representing about 46 percent of the total trading value. OQ Gas Networks came in second place with OMR3.2 million, representing OMR11.7 million, while Ominvest’s unsecured secondary mudaraba sukuk came in third place with OMR2.4 million, representing 8.7 percent of the total trading value. Investors focused on OQ Exploration and Production shares after they fell to attractive levels for investment portfolios. The share price ranged between 354 and 352 baisas during last week’s trading, with 3,257 transactions executed. It closed at 352 baisas, down one baisa during the week, thus approaching the subscription price for individual Omani investors, which is 351 baisas. The market capitalisation of the Muscat Stock Exchange rose at the end of the week’s trading to OMR27.39 billion, recording gains of OMR16.7 million, benefiting from the rise in the market value of closed companies that are not traded on the floor to OMR10.93 billion, recording weekly gains of about OMR100 million, while public joint-stock companies recorded a decline in their market value, affected by the decline in stock prices.MIRPUR ( AJK) : Dec 08 (APP):, (UrduPoint / Point - 9th Dec, 2024) Like rest of the , the people of and Kashmir on both sides of the , will observe Universal Human Rights Day on Tuesday, 10. Kashmiris will reiterate their long-standing unanimous demand for early end of the ongoing massive human rights abuses against innocent population in illegally occupied and Kashmir (IIOJK) state as well as by similar aggressive forces in various other parts of the . In Azad Kashmir, major function to mark the Day will be hosted by AJK-based Kashmiris international NGO - Kashmir Institute of International Relations (KIIR). The ceremony comprising a grand seminar, will be held to invite the attention of the international community including human rights forums towards the deteriorating conditions of the humanity in bleeding vale of IIOJK where the occupation forces were engaged in large scale human rights violations defying international norms and commitments by denying Kashmiris their legitimate right to self determination, said Wani, Chairman of the KIIR, while talking to APP here . The Human Rights Day on 10th of every year recognizes the work of human rights defenders worldwide who act to end discrimination. Acting alone or in groups within their communities, every day human rights defenders work to end discrimination by campaigning for equitable and effective laws, reporting and investigating human rights violations and supporting victims. While some human rights defenders are internationally renowned, many remain anonymous and undertake their work often at great personal risk to themselves and their families. The Day commemorates the day in 1948 the General adopted the Universal Declaration of Human Rights. When the General adopted the Declaration, with 48 states in favor and eight abstentions, it was proclaimed as a "common standard of achievement for peoples and nations", towards which individuals and societies should "strive by progressive measures, national and international, to secure their universal and effective recognition and observance". Although the Declaration with its broad range of political, civil, social, cultural and economic rights is not a binding document, it inspired more than 60 human rights instruments which together constitute an international standard of human rights. It be added that today, the general consent of Member States on the basic Human Rights laid down in the Declaration makes it even stronger and emphasizes the relevance of Human Rights in our daily lives. The High Commissioner for Human Rights, as the main rights official, and her Office play a major role in coordinating efforts for the yearly observation of Human Rights Day. In Azad Kashmir, elaborated programs have been chalked out for organizing ceremonies to mark the Day will be including in division under the auspices of various human rights organizations with the coordination of the members of the . The organizers said that the speakers would particularly emphasize the need of making collective efforts by the international community to ensure the complete protection of human rights over the particularly in those areas where the people were being denied their due rights. They will call for the measures by the international human rights outfits to move for ensuring the grant of basic human rights in the areas including in the strife-torn held Kashmir state where the occupying forces were involved in large scale human rights abuses against the local population since last 77 years to suppress their long standing demand for a free and fair plebiscite under the auspices of the resolutions on Kashmir allowing the Kashmir people to decide about their destiny granting the Kashmiris their internationally-acknowledged birth right to self determination.

AP News Summary at 2:01 p.m. EST

This is Iran’s annus horribilisCOP29 and energy transition financing controversy

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SOURCE BetMGMThe local Cook Islands community’s sincere welcome, music, drumming and refreshments were very much appreciated. Unfortunately, the consultation had its fair share of logistical hiccups, with an event originally advertised to be from 5pm – 8pm, ending up being 6.45pm to well after 11pm. The unexpected change to the start time, the Prime Minister’s late arrival (due to peak hour traffic) and drawn-out schedule tested patience, with at least half (if not more) of the attendees leaving before the end of the presentation. It’s tough when a meeting meant to engage and inform, ends up being a test of endurance. My son, Jonny, noted that the Prime Minister’s three pillars (church, government, traditional leaders) pretty much said the same thing; i.e. we need to diversify, get rich, have new job opportunities, and assist the transition to clean energy. However, we don’t have enough locals to fill jobs already and people are finding other ways to diversify in business and career paths. As for the clean energy transition – if life is lost and ecosystems destroyed, can anyone claim this is clean energy? The PM Mark Brown mentioned that technology is advancing, so the metals may not be needed in the future, which is why he wants to harvest the nodules while they’re still valuable. In Maori, he concluded that we can choose to take this opportunity... or miss out. This FOMO (fear of missing out) thinking causes panic, less care and patience for the research process, and collaborative consultation over the results. Recently I was at a Blue Planet Alliance (BPA) forum with Government representatives. BPA’s aim is 100 per cent clean energy (for electricity) by 2045. They made it clear that they do not believe Deep Sea Mining (DSM) is needed for the clean energy transition. My son found the science portion interesting, but when Te Ipukarea’s director was mentioned, he jumped up to question why John Parianos of Cook Islands Seabed Minerals Authority hadn’t reflected TIS’s stance against DSM in his talk. John replied that TIS is not against DSM, but for getting it done properly. The following excerpts from director Alanna Smith, speaking during the WISE expedition, I trust clarifies TIS’s position: “Supporting deep ocean research does not mean supporting deep sea mining. It is important to have trained observers onboard to ensure transparency, making sure that the data being collected is shared, but also ensuring that there is good science and good questions ... for example a mining company’s research could be sided towards mineral quality and where the nodules are most dense .... having little attention to what life is in these spaces ... To reiterate, participation on this expedition does not mean support for DSM.” The 45 minutes (approx.) Q&A had only one question relating to the environment. After seeing the slides and listening to a recording of the night, I would say this is because risks to the environment were just glanced over, not explained, so people still don’t know enough to form questions. My son posed a pointed question about environmental impact – One of the slides shows an approximation of the effect three operations over thirty years would have (approximately 1.2 per cent of the EEZ). Is there a reality where enough operations could, over one generation (30 years) destroy the entire EEZ? John Parianos replied that hypothetically yes, which is why we need to get things right to have only an acceptable level of damage (Paraphrased). Clearly both sides agree there will be long-term implications for ecosystems. As one attendee said, in Maori, at the end of the night ... fulfil your dream. If it works out well, it’s ours. If it turns bad, it’s yours. But it isn’t that simple, if for example, fish stocks are depleted because of linked ecosystems in the chain being destroyed, then everyone who relies on fish suffers. The recounting from family is not just a summary of events, but a reflection on the need for better planning, engagement, and transparency. When these ‘consultations’ are about such a significant and potentially life changing move, why have the NGOs not been included? It is at best a road show, at worst a propaganda tour, but without all parties present, it is not a consultation. E te au tangata Kuki Airani, akamanako o’onu. Consider what level of damage to our ocean is acceptable. Our answers will shape our future, our way of life and our Marae Moana.

AP News Summary at 2:01 p.m. EST( MENAFN - UkrinForm) Slovakian Prime Minister Robert Fico said on Friday that his country would consider actions in response to Ukraine's suspension of Russian gas transit from January 1, 2025. According to Ukrinform, this was reported by radio Svoboda . “After January 1, we will assess the situation and the possibility of taking retaliatory measures against Ukraine,” Fico said in a video posted on the social network. According to the politician, if necessary, Bratislava will stop supplying electricity, which Ukraine desperately needs, or agree on another course of action. As Ukrinform reported, on December 19, President Volodymyr Zelensky said that Ukraine was ready to transit gas to European countries if it was not gas of Russian origin. This year, the contract for the transit of Russian gas through Ukraine signed between Naftogaz of Ukraine and Gazprom expires. Kyiv's position on this issue is unwavering: there will be no new contract with the aggressor state. MENAFN27122024000193011044ID1109035945 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

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As the 2024 showbiz calendar winds up, we are taking stock of each genre today. These include music, visual arts (painting, sculpture, and photography), film and television, theatre, fashion, literary arts, and spoken word. This annual stock-take is critical to establish which artists excelled and those who need to up their game in 2025. With the demand for Zimbabwean art collections rising overseas, we certainly need to elevate our standards if we are to maintain the dominance shown in other genres, especially visual arts. The same dominance should also be exhibited on home turf. Without fear or favour, research has shown that the young “Turks” of showbiz, especially in music, excelled beyond expectations. Music, which commands a huge following, was dominated by youthful musicians who showed consistency throughout the year. Killer T’s track “Kana Ndanyura” can easily pass as the song of the year. It remains a hit at parties, weddings, clubs, and even in some church gatherings like picnics. He represented the Zimdancehall genre with pride and aplomb. Consistent Zimdancehall chanter, Sylvester “Freeman” Chizanga, had a successful season, which saw him holding a fully attended HKD Music Festival at Alex Sports Club in Harare. Master H was the best find of 2024, as the youngster has been performing well. Master H He participated in major festivals including the Castle Tankard, OK Grand Challenge, and Chibuku Road to Fame after-party, among other events. His work ethic has made him a favourite of many. There was also Nisha Ts, who did well for the greater part of the year. Born Anisha Tashinga Shonhiwa and raised in Chegutu, she defied the odds of a poor background that could have hindered her progress. She advanced on merit, which is why she remains a favourite among many. Her benefactor, Tinashe Mutarisi, has also helped her realize her potential in this particular genre. She has managed to put the sponsorship to good use, much to the delight of her fans. With sound management, she is destined for the stars. In Zim Hip Hop, it’s hard to ignore the impact of Holy, Saintfloew, Voltz JT, and Bagga, among other rappers. They left their mark each time on stage whether controversial or not but the good thing is that, it is expected in the genre. In gospel world , the old guard in the genre, led by Baba Mechanic Manyeruke, Shuvai Wutawunashe, Pastor Charles Charamba, and his wife Olivia, Carol Mujokoro, Pastor Bonnie Deuschle and Prince Mafukidze among others shocked many as they bounced back on stage as they did their best to revive the genre at the Gospel Legends Night held at the Harare International Conference Centre early this month. Hosted by United Kingdom based Zimbabwean award winning songstress Eleana Makombe, the inaugural event was a success and it was applauded by many locals for such initiative. Eleana and John Makombe The new crop of gospel musicians, including Minister Michael Mahendere, Janet Manyowa, Ellard, Sharon Cherayi, Elenaa Makombe, and Everton Mlalazi, had a successful year. However, the script was not the same for both seasoned and upcoming sungura musicians. There was nothing to write home about this year, as the majority pursuing sungura failed to produce hits. It appears that they need to recharge their waning vocal batteries. Of course, sungura has stood the test of time, but artists in this genre can do better. Major successes were recorded by visual artists who had a year to remember. Many of these artists toured the world and showcased the unique essence of Zimbabwean art on a global scale. Visual art, which encompasses various mediums including painting, photography, sculpture, drawing, installation, and digital arts, is a significant industry internationally. The sad reality is that locals are yet to embrace it despite its impact overseas. A change of mindset is needed to ensure that local entrepreneurs, corporates, and individuals buy our art first. With most visual artists relying on international buyers, credit goes to arts regulatory chiefs, curators, and artists working closely with the National Gallery of Zimbabwe in Harare, Bulawayo, Mutare, and Victoria Falls. NGZ executive director Raphael Chikukwa has done his best to promote this art form. Besides the NGZ headquarters in Harare, other galleries like Dzimbahwe Arts and Cultural Heritage Hub, Nhaka Art Gallery, Mbare Art Space, Chapungu Sculpture Village, and the Swiss-Zim Heritage Gallery in Domboshava have been churning out top creatives. Individuals like Dominic Benhura and David Ngwerume also need no introduction. Zimbabwe’s participation at the 60th International Exhibition of Biennale in Italy was good news to the sector. Often referred to as the “World Cup of Arts,” this prestigious event featured Zimbabwean artists such as Moffat Takadiwa, Gillian Rosselli, Victor Nyakauru, Sekai Machache, Troy Makaza, and Kombo Chapfika. Their participation exemplifies Zimbabwe’s growing presence on the international art stage. Moffat Takadiwa The legacy of Zimbabwean artists at the Venice Biennale includes luminaries like Portia Zvavahera, Virginia Chihota, Misheck Masamvu, Calvin Dondo, and many others. Their ability to captivate audiences both at home and abroad highlights the country’s rich artistic heritage and the potential for future growth in the global art market. The continued efforts to promote local art appreciation will be crucial in ensuring that Zimbabwean artists receive the recognition and support they deserve. In theatre, credit goes to Daves Guzha, Peter Churu, Jasen Mphepo, and Malawi-based producer and director Stanley Mambo, who is doing well at Madsoc Theatre in Lilongwe. Daniel Maposa and Silvanos Mudzvova are some of the top acts who have ensured that theatre maintains its dominance. The same can be said of United Kingdom theatre practitioners who are still in touch with fellow directors in Zimbabwe. In Zimbabwe, Guzha, Churu, and Mphepo have been holding shows in Harare venues like Theatre in the Park, Jasen Mphepo Little Theatre, and Reps Theatre. Mudzvova and Maposa have been conducting a series of workshops to equip creatives in this genre. Their efforts were meant to ensure that creatives monetise their work and embrace technology, especially the use of artificial intelligence (AI). Stand-up comedians including Doc Vikela, King Kandoro (real name Mukudzei Kandoro Majoni), Nigel “Tha Sleek Pasto” Maritinyu, and Admire “Bhutisi” Kuzhangaira have also shown their potential despite challenges such as a shortage of venues. Like theatre, comedy relies on a live audience and a serene environment where creatives can easily express themselves. In fashion, we have seen the potential that the sector has, although it needs funding, proper regulation, and unity. This was the case when the Fashion Council of Zimbabwe (FCoZ) issued a statement distancing themselves from the organisation and management of the Zimbabwe Fashion Week 2024, which did not live up to expectations. The Zimbabwe Fashion Week 2024 was marred by chaos, with FCoZ’s name being dragged into the mess. FCoZ set the record straight and pledged their commitment towards fostering a vibrant and inclusive fashion industry. Zimbabwean fashion designers have continued to show both locally and internationally, and it takes sacrifices from organizations like FCoZ to regulate the sector. Some fashion enthusiasts also expressed their disappointment in the manner the industry is being run. The refreshing news from the sector was Sakhile Dube’s national dress, designed by Ivhu Tribe Brand, named “The Soaring Eagle,” which she donned at the Miss Universe finals held in Mexico recently The world now knows Zimbabwe’s capacity in this sector, where we have plenty of talented fashion designers. In modelling, Zimbabwe was well represented by Sakhile at Miss Universe, made it into the top 30. Although she missed out on the crown, she performed admirably at the global contest. Sakhile is not the only one who managed to raise the country flag high, there was also model Amanda Peresu-Moyo who won the Miss Intercontinental Africa title at a pageant held at the Sunrise Remal Resort in Sharm el Sheikh, Egypt. Amanda, was in the top five, following the success of Tendai Hunda, who won the same title in 2015. After finishing in the top eight last year at Miss Universe Zimbabwe, Amanda expressed joy over her new crown. On to the dance floor, dancer Victoria Kjær Theilvig (21) of Denmark won the 2024 edition, becoming the first Dane ever to land the crown. People’s favorite and Nigerian beauty queen Chidimma Adetshina was voted first runner-up, and the second runner-up is Mexico’s Maria Fernanda Beltran. The top five finalists at the beauty pageant included Thailand’s Opal Suchata Chuangsri and Venezuela’s Ileana Marquez. In film and television, Zimbabwe has shown a lot of potential despite the lack of funding crippling the sector. However, the recent launch of the five-year blueprint strategy for Film and Television by the National Arts Council of Zimbabwe (NACZ), in conjunction with the Ministry of Sport, Recreation, Arts, and Culture, has brought relief to the sector. A billion-dollar industry globally, Zimbabwe, which boasts some of the best brains in the sector including Stephen Chigorimbo, Aaron Chiundura Moyo, and Nakai Tsuro, can thrive with proper funding. The birth of new awards for this sector, like the Zimbabwe Annual Film and Television Awards (ZAFTAs), which cultural ambassadors like Tongayi Chirisa, Danai Gurira, and Chipo Chung support, is great news for the sector. Zimbabwe can also benefit from utilising the expertise of filmmakers like Joe Njagu, Eddie Sandifolo, and Charlene Furusa, who are dedicated to the sector. The European Union Film Festival (EUFF) roundtable held at Mbare Art Space from October 10-13 was also a game-changer for the sector. In literary arts, the sector has been lamenting the decline of the reading culture. However, some literary arts gurus reckon there is not enough reading material in certain communities, which should be made available first. On a sad note, 2024 was the year we lost historian Phathisa Nyathi after a long illness at the age of 73. Many are still reeling from the loss of the popular arts practitioner, famed for his research as a preservationist and his writing style. In summary, a collective mindset shift is vital for the arts sector to thrive and create more opportunities. ELECTIONS by their nature and at any level of society, are a delicate process often characterised by controversy, mudslinging, contestations and a lot of jockeying. Elections are emotional, too. The intensity of those characteristics also varies with the kind of interest, which the elections in question, would have generated and the players involved in those [...] Brandon Moyo, Zimpapers Sports Hub LED by three centurions, Zimbabwe broke records on Day Two of the historic Boxing Day Test against Afghanistan at Queens Sports Club in Bulawayo. The Chevrons began Day Two on 363/4 and ended their innings on a mammoth 586 runs from 135.2 overs. The 586 runs scored over the five [...] Nqobile Tshili, Bulawayo Bureau VICTORIA Mudyanembwa, a brilliant young student from the rural heartland of Lukosi in Hwange District, who just earned a first class honours degree from the University of Zimbabwe in Pharmaceutical Chemistry as the top student in her year, is now moving to Oxford University for a post-graduate degree on the prestigious [...]