Ministry of Mining, Blue Nile State Sign Memo of Understanding
May 19, 2012
The government of Blue Nile State and the Federal Ministry of Mining signed a Memorandum of Understanding (MOU) in the field of mining. Federal Minister of Mining Kamal Abdellatif signed for the Ministry and the Governor of the State Major General Elhadi Bushra Hassan signed for Blue Nile State.
The (MOU) identified the commitments of the Ministry on providing the regional office and the offices of the Ministry with adequate number of geologists and technicians to push forward the mining activity in the state.
Also the Ministry has to identify the areas and spaces where mining...
Vice President to Take Part in Doha Forum and Conference of Enriching Middle East Economic Future
May 19, 2012
Vice President of Republic, Dr. Al-Haj Adam, is due to lead a high-level delegation of ministers and businessmen to Doha on today to participate in the 12th session of Doha Forum and Conference for Enriching the Middle East's Economic Future, scheduled to begin in Doha on Sunday, with participation of more than 610 personalities representing around 84 countries and organizations.
Sheikh Hamad bin Khalifa Al Thani, the Emir of the State of Qatar, would give the conference's welcome speech in the presence of Sheikh Hamad bin Jassim bin Jaber Al Thani, and heads of participating delegations....
Corruption Threatens South Sudan's Loan Dealings: Global Witness
May 19, 2012
South Sudan’s decision to pursue oil-backed financing in the wake of a looming economic crisis faces real transparency tests, if details of any loan agreements secured are not publicly declared to the country’s citizens, Global Witness said in its latest report.
There have been several reports over the last week of the Government of South Sudan securing loans, ranging from $100-500 million, to mitigate the impacts of the current economic crisis and finance specific infrastructure projects.
Global Witness argues, the exact terms of these deals have not been published...
Waqf Fund to boost resources at Bahrain library
May 19, 2012
The Waqf Fund, a Bahrain-based special fund to support Islamic finance training, education and research, reviewed its ongoing programmes at a key meeting.
At its 16th board of trustees meeting, the fund expressed its satisfaction that training was being delivered to Islamic banking professionals and Sharia resources at Islamic banks under the Graduate Sponsorship Programme, Sharia Reviewer Development Programme and Advanced Diploma in Islamic Commercial Jurisprudence Programme.
The board decided to strengthen the Islamic finance resources at a major library in Bahrain in order to...
Dow Corning and Hemlock Semiconductor Reaction to Preliminary U.S. Department of Commerce Determination Regarding Solar Tariffs
May 19, 2012
EDITOR’S NOTE: The following statement can be attributed to Robert D. Hansen, president and CEO, Dow Corning Corporation & Andrew E. Tometich, president, Hemlock Semiconductor Group.
Dow Corning Corporation and the Hemlock Semiconductor Group understand that the U.S. Department of Commerce’s (DOC) preliminary"......
AGCO Presents Its Vision for Agriculture in Africa at G8 Summit
May 19, 2012
AGCO, Your Agriculture Company (NYSE: AGCO), a worldwide manufacturer and distributor of agricultural equipment, today presented its vision for agriculture in Africa at the G8 Summit in Washington, D.C. “Our mission is to provide comprehensive agricultural solutions for African farmers,” said Martin Richenhagen, Chairman, President and CEO of AGCO. “Africa offers tremendous growth opportunities in the agricultural equipment sector and AGCO is committed to growing its presence within Africa by investing in"...
Asia Pulp & Paper Group (APP) Sets New Standards in Natural Forest Protection, Extends APKI Commitment to Wood Legality and Verification (SVLK)
May 19, 2012
The Indonesian Pulp & Paper Association (APKI) welcomes the announcement of new Natural Forest Protection Policies by Asia Pulp & Paper Group (APP) presented on May 15, 2012.
Misbahul Huda, Chairman of the Indonesian Pulp & Paper Association (APKI), said: "APP’s"......
Security Situation Stable, Returnees Resume Mining, Agricultural Activities: Commissioner
May 17, 2012
Abdallah Alzin Hirzallah, Commissioner of Kurmuk in Blue Nile State, confirmed the stability of the security and humanitarian situations in Kurmuk and the areas bordering Ethiopia and that all humanitarian needs including food and medicine have been secured for the farming and harvesting season which ends in October. Alzin uncovered that 50,000 sorghum sacks were transported from Ad-Damazin to Kurmuk, donated by the federal Humanitarian Aid Commission and the federal government.
Alzin also revealed –in a phone call to (Sudan Vision) that a conference for social communication will...
Economic Development Sector Reviews Price Hike
May 17, 2012
The Economic Development Sector of the Council of Ministers reviewed in a meeting it held Tuesday under chairmanship of the Minister of Finance and National Economy, Ali Mahmoud, the phenomenon of increase of prices, its causes, proposed solutions and required measures to control the prices.
The sector underscored the importance of establishing an operation room in which all concerned parties shall participate to observe markets' movement and to monitor the price changes and then work for providing basic goods in the states, especially the strategic commodities like sugar, meat, medicines...
Consumer Court Calls for Unified Law for Consumer Protection
May 17, 2012
Chairman of the Consumer Protection Prosecution Office, Mohamed Al-Mustafa Musa, has called for integrating all the laws pertinent to the consumer protection in a unified act to simplify the application.
He disclosed existence of more than 30 state and federal laws that are now being applied.
Musa affirmed the importance of coordination between the concerned bodies in the consumer's protection to avoid obstacle in the application and to come out with a good enforcement of the law, stressing the need to establish a subsidiary courts to protect the consumer in all localities.
Representative...
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