World

Israel announces major expansion of settlements in occupied West Bank

May 30, 2025

Tel Aviv [Israel], May 30: Israeli ministers say 22 new Jewish settlements have been approved in the occupied West Bank - the biggest expansion in decades.
Several already exist as outposts, built without government authorisation, but will now be made legal under Israeli law.
Others are completely new, according to Defence Minister Israel Katz and Finance Minister Bezalel Smotrich.
Settlements - which are widely seen as illegal under international law, though Israel disputes this - are one of the most contentious issues between Israel and the Palestinians.
Katz says the move "prevents the establishment of a Palestinian state that will endanger Israel", while the Palestinian presidency called it a "dangerous escalation".
Source: Fijian Broadcasting Cooperation

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SEPC Receives In-Principle Approval to Enter UAE Petroleum Trading with 100% Acquisition of Wintality Petroleum FZE

Chennai (Tamil Nadu) [India], August 26: SEPC Limited (NSE: SEPC | BSE: 532945), a leading EPC company with established expertise in industrial infrastructure, process plants, water and wastewater management, today announced that its Board has approved a restructuring of the equity and capitalisation reserves of its wholly owned UAE subsidiary, SEPC FZE, Sharjah -- enabling the acquisition of a UAE petroleum trading business entirely through non-cash consideration.

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