Prince Aga Khan, and Begum Inaara attended the civil wedding ceremony of Dutch Crown Prince Willem-Alexander and Maxima Zorreguieta in Amsterdam, Saturday Feb. 2, 2002. Most of the European papers covered the story, Paris Match, Point de Vue, Hello etc.
NEW DELHI : As part of its plan to reorient its business, Development Credit Bank Ltd (DCB) is considering hiking the foreign direct investment (FDI) in the bank to 49 per cent from the present 37.5 per cent held by the Aga Khan Fund for Economic Development (AKFED). The Aga Khan Foundation of France, supports economic development in developing countries. 'With the FDI norms having been relaxed we are considering a possible hike in the overseas holding to 49 per cent,' Mr Sandeep Mookerjee, Head, Personal Finance Services, DCB, told Business Line.
Times Online - The re-creation of a Moghul park in Kabul is seen as a potent symbol of regeneration: A GARDEN for courting couples from 500 years ago is to be re-created in Kabul as a potent symbol of the end of Taleban
Daily Nation (Nairobi) - The Tsavo project was the single largest foreign direct investment in the country in the recent past and was completed ahead of schedule. It was the first open bid project-financed Independent Power Producer (IPP). Industrial Promotion Services (Kenya) Ltd (IPS), an affiliate of the Aga Khan Fund for Economic Development (AKFED) and Cinergy Global Power Inc of US are the largest investors through a joint venture in the Tsavo Power Company at 49.9 per cent.
Asia Intelligence Wire -The Asian Development Bank has reached an agreement with the government of Tajikistan on the ADB's providing a grant worth 2.9m dollars for a poverty reduction project in rural areas of Tajikistan. The grant will be financed by Japan's poverty reduction fund. A letter of understanding on the project was also signed.
: Thoroughbred Times (USA) - Aga Khan Studs has recently launched a Web site that provides comprehensive information on the stallions standing at the stud in Ireland and France as well as the latest developments of the horses owned and bred by the Aga Khan. The site's stallion section features progeny details, pedigree information, race records, and other information, including on-line nomination requests. The site also includes a section that chronicles the history of the Aga Khan family's involvement in Thoroughbred racing and breeding for the last 80 years.
KABUL: Aga Khan Cultural Services (Afghanistan), a newly established affiliate of the Aga Khan Trust for Culture (AKTC), will lead the revitalisation of a significant but currently degraded urban area in central Kabul around the historic Timur Shah Mausoleum.
The Dawn News from Karachi writes: 'Prince Karim Aga Khan has said he was considering to open a micro finance bank, and take part in other welfare activities in Afghanistan to help alleviate poverty from that country. Speaking at the inaugural ceremony of first Micro Finance Bank, set up by the Aga Khan foundation in Pakistan, he said here on Monday that a similar bank would be established in Afghanistan owing to growing poverty and other economic problems being faced by the Afghan government.
The Nation, Nairobi - Aga Khan to spend Sh2.46b in project / The Aga Khan Health Services will spend Sh2.46 billion in the next three years to upgrade its hospitals in Nairobi, Mombasa and Dar es Salaam. The $33 million investment in infrastructure and technology development aims at improving professional and academic activities. It had earlier been erroneously reported that Sh264 million would be spent in the project instead of Sh2.46 billion. [source: http://www.nationaudio.com/News/ DailyNation/Today/News/News70.html]
The East African Standard (Nairobi): The Aga Khan Hospital-Nairobi has received laparascopic (minimal invasive) surgery equipment worth Sh4 million from Johnson and Johnson through Philips Pharmaceuticals Limited. The donation consisted of two imaging systems, two laparascopic abdominal training devices and surgical instruments.
The Monitor (Kampala). Onyango Patrick's article says: 'The Aga Khan University (Uganda) of Nursing will be opened today. This was disclosed by the Academic Head, Imelda Bagambaki. The university is situated along Makerere Hill Road opposite Aga Khan Primary School.'
Khaleej Times (UAE) - THE Aga Khan University Hospital, the leading arm of Pakistani development sector giants, the Aga Khan Development Network, finally made their Middle East move yesterday by establishing a representative office in Dubai which will also act as the liaison and specimen collection centre for UAE patients. The office was inaugurated by Shaikh Mohammed bin Saqr Al Qasimi, Director Sharjah Medical District in the presence of AKUH team headed by Dr Shamsh Kassim Lakha, president of university hospital and CEO Nadeem Mustafa Khan.
Ottawa, Ontario - (CPM): Prime Minister Jean Chrétien today announced that His Highness the Aga Khan, the 49th Hereditary Imam of Shia Imami Ismaili Muslims, will visit Canada from January 28 to 30, 2002. 'It is an honour to welcome His Highness the Aga Khan to Canada,' said the Prime Minister. 'In his capacity as a religious leader and through the Development Network that bears his name, the Aga Khan has contributed significantly to advancement and stability in Asia and Africa while promoting Islam as a thinking, spiritual faith that teaches compassion.'
The Nation, Karachi: Aga Khan deliberated upon the various facets of US' understanding of Islam and lamented the bias against Islam in the West. Commenting on the post-Sept 11 developments, he emphasised the need for a better understanding of Islam and the issues perturbing the Muslim mind around the world by the West. He said the West needs to realise that the majority of the Muslim Ummah was never in favour of the policies of the Taliban.
H.H. the Aga Khan met with around 10,000 of his followers at the Diamond Jubilee Complex in Dar es Salaam, Tanzania at 2:30 P.M.. Talking about the wonderful tradition of volunteering services and of volunteers, he said '..there are some that I see with my eyes and some that I feel with my heart'. . The Daily Nation (Nairobi - Kenya) on 19 July 2002 also mentions the presence of H.H. The Aga Khan at the International Investment Round table meeting in Dar es Salaam on previous day with a photo of both the Aga Khan and World Bank President James Wolfensohn.
Sunday Nation - The Aga Khan Development Network has pledged continued investment in the country's social and economic projects. The network's resident representative, Mr Anil Ishani, said the support would not be affected by the political or economic situation as the organisation was confident that the people of Kenya would manage their affairs well.
Maputo, Mozambique - The Paris-based Aga Khan Network is considering reviving the giant Mozambican textile company Texlom, in the southern city of Matola.Texlom, which once employed 3,000 workers, has been paralysed for the past four years, and was declared bankrupt in 2001. A Mozambican government source told AIM that an Aga-Khan mission, headed by Nazim Ahmad, visited Maputo in October to contact the Mozambican authorities and study the possibility of rehabilitating the factory.
Tajik Television: A microfinance bank will be opened with the financial support of the Aga Khan Development Network in the country this year, an expert on microfinance of the Aga Khan Development Network, said during a meeting with Deputy Prime Minister Qozimdavlat Qoimdodov. The bank will deal in savings and granting credits to individuals, financial groups and especially needy families and other sections of the population. The bank's headquarters will be situated in Dushanbe.
Boston Globe. An Islamic spiritual leader has united with Harvard, MIT and six Middle Eastern universities to create a Web site its creators hope will advance architecture throughout the Islamic world. The Aga Khan, spiritual leader of the Ismaili Muslims, also hopes to link war-torn places such as Sarajevo and Kabul to the Web, empower women and foster East-West dialogue through the site, which took four years to create.
TORONTO (Reuters) - The Aga Khan, the billionaire spiritual leader of the world's 15 million Ismaili Muslims, will build the English-speaking world's biggest Islamic art museum and cultural center in Toronto after plans to buy a site in London failed, a spokesman said on Tuesday. The Aga Khan Development Network, one of the charitable institutions and businesses headed by the Aga Khan, said the museum would house artifacts from renowned private collections including those of the Aga Khan and of the Institute of Ismaili Studies in London.