QInvest Invests in the Landscaping Services Sector in Qatar
QInvest, Qatar’s leading Investment bank, has acquired 30.5% of Al Nakheel Agriculture and Trading Company W.L.L. and AG Middle East LLC (together the “Group”). Based in Doha, Qatar, the companies specialize in providing landscaping and related maintenance services to governmental, corporate and industrial customers. This acquisition is the fourth private equity transaction completed by QInvest [...]
Broaden Opportunities through Overcoming Challenges
By Kesete Ghebrehiwet The Southern Red Sea region is a land of opportunities as well as a land riddled with challenges. The putting in place of service rendering institutions in such a hostile climatic area is indeed beyond compare opportunity to the inhabitants of the region. Much of the development undertakings that have been registered [...]
Report of the successfully conducted Hizbawi Mekete in Hamburg
Report of the successfully conducted Hizbawi Mekete in Hamburg on the 21.01.2012 Asmara, 25 January 2012 – Eritrean nationals residing in Northern Germany have conducted meeting in Hamburg City. Following in-depth discussion regarding the objective situation in the Homeland and the role of every citizen in the nation-building process, the nationals called on the Security [...]
Tourism is Dangerous in Ethiopia Thanks to Meles Zenawi
By Amanuel Biedemariam Late Monday on January 16, 2012, Ethiopia reported two Germans, two Hungarians and an Austrian were killed in a deadly attack in Ethiopia’s North-Eastern Afar region. During the attacks, a Hungarian and Italian were wounded while two Germans had been kidnapped. The unsuspecting tourists were attacked, wounded, captured and killed inside Ethiopia. [...]
Sunridge Gold Starts New Drill Program at Emba Derho Copper-Zinc-Gold Deposit, Asmara Project, Eritrea
21 February 2011
Sunridge Gold Corp (SGC/TSX.V) is pleased to announce that, as part of a recently announced prefeasibility study on the Asmara North deposits, the Company has started an 8,500 meter drilling program at the Emba Derho copper-zinc-gold deposit. The drilling program will consist of approximately 6,000 meters of diamond drilling which will define parts of the [...]
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Dubai to Host Prestigious Common Market for Eastern and Southern Africa (COMESA) Investment Forum
21 February 2011
Meeting to be staged in Dubai for the first time Reaching out to the new African markets is an integral part of Dubai Chamber’s strategic plans Dubai, UAE: One of Africa’s most important and influential investment forums – the Common Market for Eastern and Southern Africa (COMESA) Investment Forum – will be hosted in Dubai [...]
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Punta Umbria - One Month to go - IAAF World Cross Country Championships
21 February 2011
Monte Carlo – With just one month to go to the IAAF World Cross Country Championships, the oldest of the IAAF’s World Athletics Series, the spotlight returns to Spain and in particular Andalusia as the Championships will be hosted in the coastal city of Punta Umbria, 100km south west of Seville, on Sunday 20 March. [...]
Posted in SportsComments (0)
Eritrean Man Found Dead in Apartment
20 February 2011
Saudi police smashed their way into an apartment to find a dead Eritrean man dangling from the ceiling fan and unravel the mystery of bad smell that had irked neighbours, a newspaper said on Saturday. Residents of the three-storey building in the southern province of Jizan close to the border with Yemen had told friends [...]
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India Joins Hands with LDCs to Seek Global Action Programme
20 February 2011
India, along with a large number of least developed countries, has called for an international programme of action aiming at reducing the number of LDCs by half over the next decade. A joint declaration issued here on Saturday at the end of the largest-ever meeting of LDC representatives hosted by India made this demand after [...]
Posted in RegionComments (0)
Chalice Advances Discussions on ENAMCO’s Acquisition of 30% of the Zara Project
18 February 2011
Chalice Gold Mines (ASX: CHN)(TSX: CXN) is pleased to report that commercial discussions with ENAMCO (the Eritrean National Mining Corporation) to agree the purchase price for their 30% paid participating interest in the Zara Project are proceeding satisfactorily. Both Chalice and ENAMCO are hopeful that an agreement on the fair value of the interest can be [...]
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India-Africa Forum Summit to be held in May
18 February 2011
New Delhi: Ahead of the second India-Africa Forum Summit, External Affairs Minister S.M. Krishna met his counterparts from over half a dozen African countries and underlined New Delhi’s commitment to the development of the continent. Krishna met his counterparts from Eritrea, Lesotho, Burundi, Ethiopia, Niger, Central African Republic, Togo and Angola and discussed a range [...]
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President Omar Al-Beshir Conducts Working Visit in Eritrea
17 February 2011
Shabait, Asmara, 17 February 2011 – The President of Sudan, Field Marshal Omar Hassan Al-Beshir conducted a one-day working visit in Eritrea. President Isaias Afwerki accorded him official welcome on arrival at the Asmara International Airport. In a meeting at the State Palace, the two leaders held discussion focusing on bilateral relations, enhancing mutual cooperation [...]
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South Boulder Mines: Drilling Recommences at the Colluli Potash Project in Eritrea
17 February 2011
South Boulder Mines Ltd is pleased to announce that diamond drilling has resumed at the Colluli Potash Project in Eritrea. The drilling is part of an expanded 5,000m exploration program designed to further define and extend known resources. The results will be incorporated into the current engineering scoping and feasibility studies. To date approximately 1,407m [...]
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Eritrea Loving
16 February 2011
By Amanuel Biedemariam When the Badme war first broke out in May 1998, the mood of Eritreans around the world changed from a peacetime to that of war instantly. Eritreans everywhere were consumed by events that were unfolding in Eritrea. Our conversation was completely overtaken by the events and the military engagements in various fronts. [...]
Posted in LivingComments (3)
Suez Canal Disrupted After Ship Runs Aground
16 February 2011
CAIRO - Traffic through Egypt’s Suez Canal was disrupted for four hours on Tuesday after a ship ran aground because of engine failure in bad weather, an official maritime source said. “A cargo ship ran aground due to an engine malfunction in the southern sector of the canal, blocking five ships behind it,” the source [...]
Posted in RegionComments (0)
NGEX Update on Major Exploration Projects in South America and Africa
15 February 2011
NGEx Resources Inc. (NGQ-TSX) (‘NGEx’ or the ‘Company’) announces major exploration programs underway in South America and Africa (please see attached project maps). The Company’s exploration budget is focused on large scale copper, gold, and potash targets that demonstrate the potential for world class discoveries. In total, the Company and its partners are expecting to [...]
Posted in BusinessComments (1)
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