Rs 137.75m loan

DAMAULI: Agriculture Development Bank-Nepal (ADB-N), Tanahun branch has invested a total of Rs 137.75 million for various enterprises during the fiscal year 2006-07. The number of businesses in the district has increased after the restoration of peace in the country. — RSS

Iran, Iraq seal oil deal

TEHRAN: Iran and Iraq signed an agreement to build pipelines for the transfer of Iraqi crude and oil products. The 32-inch pipeline will bring crude from the southern Iraqi port of Basra to the southwestern Iranian port of Abadan. There will be a separate 16-inch one for oil products. — AFP

Crude prices mixed

NEW YORK: World oil prices were mixed on Friday, with a barrel of Brent falling below $69 for the first time since June, on concern that energy demand may weaken amid the US subprime crisis. — AFP