| 05.05.2009 - Saudi investors pledge $2 bln for Madagascar projects |
| From Aawsat.com: Saudi investors have pledged $2 billion for Madagascar's tourism, communications and energy sectors, the government said, in a sign that some financiers are not shying away from the new president's administration. A political crisis since early this year has dealt a hefty blow to the Indian Ocean island's $390 million-a-year holiday industry and the roughly $8 billion-a-year economy.......Full Article: Source |