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Its headquarters are in Greece, while its president is Turkish and its current vice-presidents are Russian, Romanian and Ukrainian. As an exercise in political parity, the Black Sea Trade and Development Bank is unsurpassed.
Emirates Islamic Bank Emirates Islamic Bank was launched in 2004 to provide high quality Islamic banking services across the UAE. The bank posted a 253 per cent increase in net profits for the first quarter of the year (AED148.6 million), compared to the same period last year.
France: Climate change 'could cost Mediterranean up to $35 bln' (AKI) - Unless Mediterranean countries take action, climate change could cost them 30-35 billion dollars by the end of this century, according to a new study to be presented in Paris next month.The study bases its projections on current oil prices of 120 dollars per barrel. "If oil was to go to say 170 dollars, the cost
The current high prices for oil and foodstuffs are indicators of an imminent crisis in the world economic order, which fails to internalise environmental and resource scarcity, says Luxembourg Green MEP Claude Turmes.
BUDAPEST (Thomson Financial) - Hungarian telecom company Magyar Telekom Nyrt says it has signed a 50.6 billion forint loan agreement with the European Investment Bank to fund mobile broadband investment projects.
Ethiopian authorities are considering exporting hydroelectric power to Kenya despite delays in completing the 1870 megawatt Gibe III power station and growing power shortages at home.
Prague, June 17 (CTK) - The current account of the Czech balance of payments showed a deficit of Kc4.7bn in April after an almost Kc0.6bn gap a month earlier, the Czech National Bank (CNB) said Tuesday.
Tuninvest, one of the leading private equity houses in North and sub-Saharan Africa, has completed the closing of the Maghreb Private Equity Fund II (MPEF II) with total commitments of €125 million.
Prague, June 16 (CTK) - The Czech Republic's state debt fell by Kc32.2bn to Kc860.1bn in the first quarter of this year, the Finance Ministry said Monday, confirming the data it had released in early April.
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