South Sudan on Saturday said it has received a grant amounting to $38 million from the World Bank, to support infrastructure projects, specifically building roads in rural areas.

South Sudan has also received financial assistance from Qatar, after it lost 98

percent of its budget when it shut down oil-production earlier this year as part of a transit fee dispute with Khartoum.

The country’s Minister of Finance and Economic Planning,"......

Leaders of Qatar, Bulgaria and Turkey agreed Friday to study joint infrastructure projects like the construction of a new motorway from Istanbul across Bulgaria.

"We discussed possible partnerships between the three countries to develop infrastructure projects together," the Prime Minister of cash-rich Qatar, Sheikh Hamad bin Jassem al-Thani, said.

On the second day of a visit to Bulgaria, al-Thani met near Varna with his Turkish and Bulgarian counterparts, Recep Tayyip Erdogan and Boyko Borisov.

The three leaders agreed to send ministers next Thursday to Sofia to study the...

"Manara Developments" took on the platinum sponsorship of Bahrain Real Estate Exhibition (BAPDEX 2012) which will be held on the 24th-30th of May 2012 under the patronage of the Deputy Prime Minister His Excellency Shaikh Khalid Bin Abdulla Al Khalifa. Managing Director of "Manara Developments, Dr. Hasan Al Bastaki expressed the company's pride in sponsoring this event, which supports "Manara's" active contribution in the real estate development arena, and its firm commitment to developing the real estate market, and developing it further.

He also mentioned: "The care and attention received...

Minister of Finance Ibrahim Al-Assaf met with Ukraine's Minister of Agricultural Policy and Food Mykola Junbok Brescia, and the country's Central Bank Gov. Sergei Ginadjovi Erbozov.

The meeting discussed the areas of strengthening cooperation between the two countries in economic and investment sectors, and discussed the facilities that can be provided by the Ukrainian government for private sector investments in Saudi Arabia. The Kingdom's ongoing food security program and also augmenting exports under the Saudi Fund for Development"...

The country should overhaul its market rules to address these issues and retain the interest of institutional investors, said Arwa Hamdieh,a co-founder of the Financial Services Association (UAE).

"The capital markets framework in its current form is not as attractive as it could be to long-term international investors looking at the UAE," she said. "Now is the time to look at and address the framework as a whole."

The UAE's markets are becoming less attractive for initial public offerings, given alternativessuch as London, Hong Kong and Singapore, said Ms Hamdieh.

Public...

Sudanese Ministry of Agriculture and Chinese Center for transfer of agricultural technologies in Sudan, Al Fao Farmers Council Tuesday agreed to grow genetically engineered Chinese cotton in Al Rahad Agricultural Scheme in the regions of Gadarif and eastern Sudan. The experiment is expected to be generalized in other regions of Sudan.

The Director of Al Rahad Scheme Abdallah Mohamed Ahmed said during the signing ceremony that “the Chinese and Sudanese sides can show the world a model of joint cooperation and can establish strategic agricultural partnership based integrating experience,...

Sudanese Minister of Environment has announced that the ministry and the management of Assalaya Sugar Factory in the While Nile State have reached an equation to end the suffering of Gezira from environmental pollution resulting from industrial waste the factory has been disposing over the past thirty years.

The Minister of environment, Hassan Abdel Gadir Hilal told Ashrooq TV that the ministry reached a solution with the factory that sewage water will be used for irrigating forests and lands in the area; especially most of the lands in the area are arid, where saplings can be planted...