Boosted by a surge in remittances, Bangladesh’s overall balance of payments surplus reached 694 million U.S. dollars in July, the first month of the current 2009-10 fiscal year, the central bank data showed Monday last week. The overall balance of ...

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A protocol between the Turkish Treasury and the Loan Insurance Fund (KGF) governing the transfer of TL 1 billion was signed last week at the TOBB University of Economics and Technology with the attendance of Economy Minister Ali Babacan, Industry ...

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According to the Wall Street Journal media, Indonesia, Pakistan and South Korea Could Net $2 Billion With Shariah-Compliant Offers Planned for Next Year. Along the same line, in the recent meeting in Cairo, D-8 set to provide platform of cooperation ...

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The United Nations Conference on Trade and Development (UNCTAD) and the Japan Bank for International Cooperation (JBIC) have developed a 15-point action plan to assist Nigeria attract more Foreign Direct Investments (FDI) and thereby achieve its 20:2020 vision. The initiative, ...

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A UN agency report shows Iran attracted $1.6 billion in direct investments from abroad in 2008 despite a 20% decrease in the global flow of direct foreign investment, an Iranian official says, in a report by PressTV. New data released ...

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Despite tough economic conditions, Egypt is continuing to strengthen its position not only as one of the world’s leading outsourcing destinations but also as a successful business location. Reports published this week by the World Economic Forum and the World ...

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The amount of money sent home by Bangladeshis living abroad has reached a new record high, according to the Central Bank of Bangladesh. In August, the total sum of money sent home reached a historic peak of $937m - up ...

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D-8 Organization willing to work together with Turkey on renewable energy and also to import boron, Turkish energy minister said earlier this month. Turkish Energy Minister Taner Yildiz had a meeting with Dipo Alam, Secretary-General of D-8, in the Ministerial ...

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The global takaful industry is expected to grow by 20% and reach US$10-15 billion within the next decade, led mainly by the GCC countries and Malaysia. In this article, we take a tour of recent developments across the world, as ...

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The U.N. World Tourism Organization (UNWTO) reported that while the bomb attacks that took place on July 17, 2009 have shocked Jakarta and the entire country, the city is recovering quickly. Based on a UNWTO mission carried out by Xu ...

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