The United Arab Emirates and Saudi Arabia are seeking agricultural-investment opportunities in a handful of developing countries, including Turkey, Sudan and Pakistan, in an effort to meet rising food demand, according to the Wall Street Journal (WSJ). (UPDATED)
BRUSSELS - The world shows no united will to counteract the endemic internal problems that engulf Somalia amid widespread pessimism over the prospects of any peace process in the country. Meanwhile, this inaction is striking compared to the rush by the NATO and the EU to send naval ships to patrol the pirate-infested waters of the nation.
BRUSSELS - The world shows no united will to counteract the endemic internal problems that engulf Somalia amid widespread pessimism over the prospects of any peace process in the country. Meanwhile, this inaction is striking compared to the rush by the NATO and the EU to send naval ships to patrol the pirate-infested waters of the nation.
G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show that the euro zone has slipped into recession. (UPDATED)
G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world's biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show that the euro zone has slipped into recession. (UPDATED)
The largest privatization in Turkish history was finalized on Monday at a signing ceremony in Ankara. The Saudi Oger led consortium won a 55% stake in state-owned fixed line operator Turk Telekom with its $6.55 billion bid back in July this year, and with the signing on Monday the deal is now officially complete. "This is a historic day for Turkey," Communications Minister Binali Yildirim said speaking at the signing ceremony, adding, "We have completed the largest privatization."