Archive for May 11th, 2008

World’s largest Islamic reinsurance company set up in Dubai

Sunday, May 11th, 2008

Dubai Group, the financial services unit of the government-owned investment company Dubai Holding, has launched the world's largest Islamic reinsurance company with a paid-up capital of one billion dirhams (272.48 million U.S. dollars), lo ...

Brazil, India, South Africa to hold IBSA forum

Sunday, May 11th, 2008

Brazilian Foreign Minister Celso Amorim will attend on Sunday the Fifth Ministerial Meeting of the India, Brazil and South Africa Dialog Forum (IBSA) in Cape Town, South Africa. The forum will gather chancellors from the three coun ...

Thailand to sell consumer-pack rice at lower price

Sunday, May 11th, 2008

To meet demand for rice on domestic market, Thai Ministry of Commerce will soon prepare 200,000 five-kilogram bags of rice from state inventories for retail sale throughout the country, a senior ministry official said Saturday. Inte ...

Sri Lankan ruling party wins east poll

Sunday, May 11th, 2008

Sri Lanka's ruling party led by President Mahinda Rajapakse has won the Eastern Provincial Council polls with 20 seats, the Department of Elections said Sunday. The department said on its official website that the main opposition Un ...

Sudan severs diplomatic ties with Chad

Sunday, May 11th, 2008

Sudanese President Omer al-Bashir announced on Sunday a decision to sever diplomatic ties with Chad, holding Chad responsible for an attack launched by Darfur rebels on the Sudanese capital Khartoum on Saturday. "Sudan holds Chad re ...

New Zealand frigate to monitor Gulf region

Sunday, May 11th, 2008

The New Zealand frigate Te Mana began a five-month deployment in the Gulf region on Sunday, Radio New Zealand reported. It was the third time the Navy has been sent to the Gulf regionas part of New Zealand's contribution to the inte ...

UN chief condemns rebel attack on Sudanese capital

Sunday, May 11th, 2008

UN Secretary-General Ban Ki-Moon Saturday strongly condemned the attacks by a Sudanese rebel group on the country's capital Khartoum. In a statement issued by his press office, Ban expressed "grave concern at the outbreak of fightin ...

Chad denies involvement in rebel attack on Kartoum

Sunday, May 11th, 2008

The Chadian government on Saturday denied allegations of involvement in the attack by Darfur rebels on the Sudanese capital Khartoum, according to reports reaching here. The Chadian government "denies any involvement in this adventu ...