Jazan is one of the Kingdom's most important regions when it comes to agriculture.
With fertile soil, copious amounts of groundwater and numerous valleys ideal for growing fruit, Jazan's farmers cultivate various agricultural produce, including mangoes. Some mango trees in the region are reportedly over 100 years old.
The success story of growing mango fruit in Jazan started in 1982 when the Ministry of Agriculture conducted, through its agricultural research center, several studies on mangoes growing in Egypt, Sudan, the US, India, Australia and Kenya.
The ministry started growing mango seedlings in the region, which is characterized by its hot climate and low humidity — two important elements for growing the sweet fruit.
Mango trees begin to bear fruit four to five years after being planted. A tree can live up to 15 years and produce large amounts of fruit.
Jazan’s farmers begin to harvest thousands of tons of mango fruit in March from their farms. Th…
HONG KONG — China’s two largest port operators Cosco Pacific and China Merchants Holdings (International) and a third investor have paid close to $1 billion for a controlling stake in a Turkish container terminal, marking the latest giant investment in the mainland’s ambitious One Belt, One Road trade strategy.
The joint venture, known as Consortium SPV, includes CIC Capital and the three companies invested $919.8 million to acquire the Kumport Terminal through the purchase of 64.52 percent of the port’s sole shareholder, holding company Fina Liman.
Cosco Pacific and CMHI will each hold a 40 percent stake in the joint venture and CIC Capital will hold 20 percent, the terminal operators said in separate filings to the Hong Kong Exchange.
Kumport Terminal is a modern container facility in Turkey’s Ambarli Port Complex, which is on the northwest coast of the Marmara Sea on the European side of Istanbul. It is the third largest container terminal in Turkey with six berths and a capacity of 1…
A través de un comunicado emitido por la Fuerza Armada de Venezuela se indicó que una Junta Investigadora de Accidente Aéreos intenta determinar las causas del siniestro y localizar a los pilotos.
Según el comunicado, la aeronave realizaba un sobrevuelo para custodiar el espacio aéreo cuando detectó un avión que ingresó de forma ilícita al país por la región noroccidental con rumbo surhacia la frontera con Colombia.
Los capitanes Ronald Ramírez y Jackson García piloteaban la nave venezolana. Hasta la madrugada del viernes se desconocía la situación de ambos funcionarios.
A continuación el texto íntegro del comunicado:
LA FUERZA ARMADA NACIONAL BOLIVARIANA INFORMA AL PUEBLO…
"If we don’t understand both sides of China’s balance sheet, we understand neither" – Michael Pettis
The most thought-provoking China analyst I know is Michael Pettis, author and economist, who is a professor at Peking University’s Guanghua School of Management as well as a rock music club owner and impresario. Conversations with Michael are always fascinating.
He has a fairly balanced take on China’s future, which is significantly different from most of what you read. That’s because he comes at understanding China’s problems in terms of balance sheets rather than macroeconomics. So five years ago he was telling us there was going to be a real debt problem in China because he understood the nature of balance sheets and China’s balance sheet portended further growth.
In his latest blog, which is today’s OTB, he ventures rather deep in the weeds in order to understand how of China’s balance sheet problems are now going to constrain its potential future g…