Jakarta, Indonesia, September 09, 2008
At the 6th Summit of the Developing Eight Countries on July 2008 in Kuala Lumpur Malaysia, the Heads of State/Government of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey reiterated their commitment to carry on the ideas of economic ...
Istanbul, Turkey, September 09, 2008
The developing world will soon catch up and overtake the developed world in terms of energy consumption and greenhouse gas emissions because of higher rates of increase of energy demand. If the developing world is to follow the example of ...
Tehran, Iran, August 31, 2008
The Iranian minister of industries and mines announced in Tehran last week that over 300 trillion rials (some $33 billion) has been allocated to the industry & mining combination national plan. According to Mehr News Agency, Ali-Akbar Mehrabian added that ...
Istanbul, Turkey, August 24, 2008
Turkey dominates world boron market, becomes price-settler. The increasing significance of boron in a wide variety of industries has made Turkey a leader in determining market prices, industry representatives have said. Orhan Yilmaz, general manager of Eti Mine Works — a ...
Kuala Lumpur, Malaysia, August 23, 2008
Malaysian IJM Plantations Bhd plans to invest RM600mil in capital expenditure to expand its Indonesian operations. Chief executive officer and managing director Velayuthan Tan said the investment would be staggered over six to seven years. “So far, we have spent RM50mil, ...
Cairo, Egypt, August 20, 2008
Looking to expand Egypt’s natural gas and petroleum production, the Ministry of Petroleum of Egypt announced yesterday its plan to conduct and international tender that will lead to greater offshore drilling in the Mediterranean Sea. The Ministry announced that its ...
Kuala Lumpur, Malaysia, August 08, 2008
Malaysia and Indonesia Monday agreed to use the surplus from their palm oil stockpiles to produce biodiesel as part of the mechanism to boost the palm oil price. Plantation Industries and Commodities Minister Datuk Peter Chin Fah Kui and Indonesia’s ...
Abuja, Nigeria, August 06, 2008
Global Biofuels Limited, the first biofuels refinery in Nigeria, endorsed by the Nigerian National Petroleum Corporation (NNPC), has committed the sum of $750 million to ethanol project in the country. Global Biofuels has committed the fund to the first series ...
Karachi, Pakistan, August 04, 2008
National Bank of Pakistan, acting as transaction Lead Advisor and Arranger and Bank Al Falah as Co Arranger, along with a consortium of banks, signed the Financing Agreements for Rs.6.52 billion with Fauji Akbar Portia Marine Terminals (FAP), a joint ...
Abuja, Nigeria, August 04, 2008
As microfinance activities get entrenched, lack of good and capable human resources are considered the leading factor affecting its operations the world over. In Nigeria, findings show that lack of good and capable human resources is affecting not only the ...
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