Stay true to the dreams of thy youth

• GCC food imports may double to $53bn by 2020 - Retail - ArabianBusiness.com

  Food imports to the Gulf region may more than double over the decade according to forecasts presented by the UAE's minister of trade, it has been reported.

• Arab agriculture investor may build grain silo for Gulf | Transport and Logistics | AMEinfo.com

  The Arab Authority for Agricultural Investment and Development (AAID) is studying plans to build a system for storing three to six months of grain reserves for the Gulf region

• India May Spend $1 Billion to Map Aquifers, Avert Water Crisis - Bloomberg

  India may spend as much as 50 billion rupees ($1 billion) in the next five years to map underground water as indiscriminate sinking of wells by farmers depletes resources in the world’s second-most populous nation.

• Du set to launch Apprentice-style TV show - Media - ArabianBusiness.com

  Dubai-based telco Du said on Tuesday it is planning to launch a TV show aimed at fostering entrepreneurs in the UAE. The telecom operator said the move to launch The Entrepreneur later this year was "to foster new ideas in business and in line with Du's commitment to the SME sector".

• No plans to cut taxis after Dubai Metro success - Transport - ArabianBusiness.com

  A total of 346.5 million passengers used public transport in Dubai last year, rising 4.3 percent since 2010.

• Franklin Graham: "don't know" if Obama is Christian

  Performing a one-man resurrection of the religious right's favorite attacks against Obama's religious beliefs, Franklin Graham—Billy Graham's son and an evangelist himself—attempted to cast some doubt on Obama's Christianity on Monday, echoing Rick Santorum's weekend insinuation that Obama might not be the right kind of Christian.

• Saudi Arabia plans $6.9bn mining city project - Industries - ArabianBusiness.com

  Saudi Arabia is planning to invest SR26bn ($6.9bn) in a new industrial zone for mining companies in the north of the country.

• Germany’s Sunshine Daydream - Bjørn Lomborg - Project Syndicate

  One of the world’s biggest green-energy public-policy experiments is coming to a bitter end in Germany, with important lessons for policymakers elsewhere. Germany once prided itself on being the “photovoltaic world champion”, doling out generous subsidies – totaling more than $130 billion, according to research from Germany’s Ruhr University – to citizens to invest in solar energy. But now the German government is vowing to cut the subsidies sooner than planned, and to phase out support over the next five years. What went wrong?

• Saudis Yet to Approve Renewable Energy Strategy, Official Says - Bloomberg

  Saudi Arabia has yet to approve the country’s renewable energy strategy that aims to reduce crude oil used for domestic power generation and water desalination, an official said today. The strategy which includes new regulations and financial incentives for private investors to develop the country’s renewable energy sources have been submitted to the Cabinet for approval

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