Finance & economy

August 31, 2016

1

Chinese firm to complete world's third largest mosque

A Chinese construction giant will complete the world's third largest mosque in Algeria at the end of December, the housing department of the Algerian government said recently.

According to Agencia EFE, the Algerian housing department said that 85 percent of the construction work of the new Great Mosque in Algeria's capital Algiers had been finished by the China State Construction Engineering Corporation (CSCEC). The service life of the new Great Mosque could last for 400 to 500 years, the Algerian housing department"...

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August 31, 2016

2

FAO launches anti-Xylella programme in north Africa

TUNIS - The United Nations Food and Agriculture Organisation (FAO) has launched a technical cooperation programme aiming to combat the introduction and spread of the fatal Xylella fastidiosa bacteria affecting olive trees in North Africa and the Middle East.

The project aims to facilitate the early detection, diagnosis and monitoring of the bacteria that has recently devastated olive plantations in the southern Italian region of Puglia and the rapid"...

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August 31, 2016

3

New Trade Envoys

The Trade Promotion Organization of Iran has appointed four new commercial attachés to Nigeria, Algeria, the city of Basra in Iraq and Herat in Afghanistan. The new appointments bring the total number of trade envoys in foreign countries to 24, ISNA reported.

The envoys are tasked with introducing the host countries with trade and investment opportunities in Iran and vice versa, especially so considering the opening up of Iran’s economy following the removal of international economic and banking sanctions after the landmark deal signed with world powers"...

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August 31, 2016

4

Murex Announces IKB Deutsche Industriebank Has Successfully Upgraded Its MX.3 Platform

Murex, the leading provider of integrated trading, risk management and processing solutions, announces that IKB Deutsche Industriebank AG has gone live with an upgrade to the latest release of its MX.3 platform for its capital markets business. The new version gives the bank more advanced modelling capabilities and provides the flexibility and data quality for compliance with emerging regulations.


IKB,"...

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August 31, 2016

5

Excel Dryer Announces Publication of First Dry Time and Energy Use Results to Global Product Category Rule (PCR) Guidelines Published by UL Environment

Excel Dryer, Inc., creator of the high-speed, energy-efficient hand dryer category that revolutionized the industry, today announced the publication of the industry’s first dry time and energy use results in compliance with the first global Product Category Rule (PCR) published by UL Environment (a business"...

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August 31, 2016

7

Yiwu International Commodities Fair: China’s No. 1 Foreign Trade Platform for SMEs

China Yiwu International Commodities Fair (“Yiwu Fair”), aiming to be the No. 1 foreign trade fair for Small and Medium Sized Enterprises (SMEs) in the Yangtze River Delta of Eastern China, has become one of the largest, most influential and most effective consumer exhibitions in China, certified by Union of international Fairs (UFI).


The 21st Yiwu Fair held"...

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August 30, 2016

8

Raise a Toast to a Better Life and Opportunities in USA, Australia, Canada and Europe

The top economies of the world are offering various resettlement opportunities to all the people who aspire to settle and make a living abroad. USA, Australia, Canada and European countries offer endless opportunities for resettlement. While skilled workers and professionals are in high demand in Canada and Australia, USA offers business programs leading to Green Card, investment options in Hungary and second passport option in Dominica.

...

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August 30, 2016

9

International General Insurance Holdings Limited Earnings Rise to US$ 19.8 Million for H1 2016

International General Insurance Holdings Limited today reported earnings for the first half of 2016.

Overall, the Group announced gross written premiums of $126.8 million for the period ended 30 June 2016 as compared to $122 million for the previous period of 30 June 2015. Net underwriting profits increased to $28.4 million, a growth of 39% as compared to the previous period. The combined ratio improved to 81.9% as compared to 89% reported for the previous"...

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August 30, 2016

10

'Tangus' fever spreads among residents of Senegal's capital

There’s a new fast food venture in Senegal’s capital Dakar, which seeks to provide healthy meals to patrons in a clean environment.


Known as “Tangus”, the food service so far has 25 outlets in almost all the districts of the Senegalese capital where it serves a variety of meals including hot dogs, burgers, sandwiches and hot and cold drinks."...

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