Thursday 23 October 2014

Iran buyers buy corn as grain import gathers pace

Private importers in Iran bought 95,000 to 120,000 tonnes of corn in the past few weeks, adding to other recent large grain purchases as the country builds up strategic stocks, trade sources said on Friday. The sources said the corn, to be sourced from the Black Sea region, was f


Bahrain naval forces to join training in India

Bahraini naval forces could undergo intensive training in India next year. Representatives of the Royal Bahrain Naval Force yesterday (October 17) met officials from India's Southern Naval Command (SNC), who are on a regional tour to Bahrain, Oman and the UAE to promote the I


ADIB, Reuters select three finalists for ethical awards

Abu Dhabi Islamic Bank (ADIB) and Thomson Reuters have selected the finalists for their annual Ethical and Islamic Finance Innovation Awards (EFICA). The shortlist includes a rural development project in Sudan, a crowdsourcing website, and an ethics-focused asset management propo


Egypt govt agrees plan to allow rice exports

Egypt's government has approved plans to allow rice exports, the supplies minister said on Thursday in a move welcomed by traders but carrying terms which could hinder the return of the country's medium-grain rice to the international market. Traders would be allowed to e

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