The International Monetary Fund's Middle East Technical Assistance Center (METAC) indicated that Lebanon accounted for 8 percent of its overall allocation of technical assistance delivery during fiscal year 2008. It was the sixth-biggest recipient of such assistance, ranking behind Syria,
The Arab Finance Corporation launched the first online trading service providing direct market access to the Beirut Stock Exchange (BSE). A company executive said that the product is designed to give institutional and private investors the right tools to trade
Uniceramic, Lebanon's largest ceramics factory, has shut down operations and laid off the bulk of its staff due to the high cost of energy and tough competition, a company executive said Monday. n"We were forced to close all of our
Nigeria's 'This Day' newspaper reported that the federal government has reversed the award of three oil blocks -- Oil Prospecting Leases (OPLs) 226, 2005 and 2006 to the two Indian firms, which were awarded at the bidding round held in
Following upon its offer to open talks for conciliation of their differences over RCOM's right to amalgamate MTN, an RIL team of financial and legal brass landed up at a five-star hotel here this morning. After sipping coffee during a
The price band has been slashed to Rs 12-14 from the earlier Rs 15-18, according to information available on the National Stock Exchange. Following revision of the price band, the company received bids for over 3.95 crore shares against 8.96
Samsung will launch its smart phone SGH-i780, which is a business phone, first in retail outlets of Mobilestore and then the product will be made available at the handset manufacturer's own distribution channels and Samsung Mobile Privilege Partner (SMPP) network,
The fair, Build Intec 2009 would cover entire gamut of construction industry, like building materials, earth moving equipment, heavy equipment, interior and exteriors, furniture paint and hardware, wood working machineries, D Balasundaram, Chairman of the fair, said. The product range
The strike call has been given by regional associations and is being supported by the Confederation of Indian Textile Industry (CITI), even as Textile Minister Shankersinh Vaghela said in Bangalore that the government is considering withdrawal of the 14 per
The company would invest Rs 18 crore to install a rice bran refinery for manufacturing cooking oil at the existing factory of bran oil extraction near Madurai, he told. The refinery would be commissioned within six months and would generate
The Sports Forum, an association of sports manufacturing units of the city, said industry UP government has already exempted sports goods makers from VAT. "Earlier, we were facing stiff competition, as the domestic market is flooded with Chinese products be
The promoters bought over 126.90 lakh equity shares through the open offer, which closed on June 17, NDTV said in a filing to the Bombay Stock Exchange. They acquired 20.28 per cent stake through the open offer and another 7.73
This was decided at a joint meeting of five travel agents' bodies here. "We all are unhappy with the decision as we feel it will be detrimental for the travel industry. So, we have charted out a joint strategy and
The store was to be inagurated last Friday but hundreds of protesting hawkers and shop owners prevented it from opening. On Saturday, Mayor Bikash Ranjan Bhattacharya had convened a meeting with both parties to resolve the issue. Local councillor and
Shanghai, July 3, 2008 - (JCN Newswire) - Global e-Commerce leader BusyTrade.com is pleased to announce plans to participate in the International Stationery & Office Products Fair Tokyo (ISOT) 2008. The largest fair of its type in Asia, and one
Tokyo, July 3, 2008 - (JCN Newswire) - Fujitsu Laboratories Ltd. announced today the development of the world's first technology that makes it possible to ensure that digital video data recorded over long time periods and then stored and managed
In the rupee terms, the top lines of frontline tech stocks are projected to grow in the range of 6.5 per cent to 11.1 per cent sequentially in the first quarter. Sharekhan in its research note said the average exchange
There seems to be more in common between the predicament that faces Japanese Prime Minister Yasuo Fukuda and the dilemma that has dogged Indian Prime Minister Dr Manmohan Singh than it would appear at first sight.
Dr Singh said that there was a need to re-look at the balance of power in the international financial systems. He said that this has been necessitated by the fact that bulks of the world's savings originate in Asia today
