i mean the festival of lights more than 60 creations and projections are on show during the festival which was just because. of a good to. be . my 1st bicycle was a sewing machine. where i come from women are always by the social tools and then something as simple as learning how to write them by side those isn't. since i was a little girl i wanted to have a bicycle off my home but it took me years to been there. finally they gave up and went on buying young guys like that but returned because sewing machine sewing i

suppose was more appropriate for girls than writing advice and knowledge i want to meet challenged woman back home who are bones about their duties and social norms and inform them about deadbeats and rights my name is the amount of people and they were more intimate. opec debates and other big production cut what could it mean for africa's biggest oil producer nigeria and how could saudi aramco upcoming i.p.o. get the oil markets will take a look at both. also on the show the latest in drone technology is on display in amsterdam but in a rising industry deal with regulation and growing security fears. i'm stephen beardsley in berlin thanks for joining us. opec organ the organization of the

petroleum exporting countries and its allies are moving closer to one of the deepest output cuts in this decade and the group is meeting in vienna to discuss an additional cut of 500000 barrels a day that on top of the current cuts of 1200000 barrels daily the aim is to support crude prices in medical oil clutch new quotas could be difficult for africa's largest oil producer nigeria which has struggled to meet current quotas. now that opec meeting is taking place in saudi arabia tries to woo investors to its national oil company saudi aramco an i.p.o. is expected to take place later this month the company has announced it would only be selling on the riyadh stock exchange and not in london or new york as had been expected that raised a few eyebrows let's take a look around is the world's most profitable company last year produced some 11000000 barrels of oil per day and that's more than 2 thirds of which was exported to asia with an additional 14 percent going to the u.s. on the upcoming i.p.o.

has generated a lot of excitement but a recent drone attack on iran co facility as well as investors increasing focus on renewable energy has left many analysts skeptical. saudi arabia would be nothing without saudi aramco the oil giant posted net profits of $100.00 an anathema 1000000000 euros last year because creative cost doesn't only go to financing the saudis face it also pay for a lot of perks for the general public petrol is cheap health care and education are both free for society says or from no one pays income tax. the oil concealed beneath the saudi arabian desert has almost been pumping itself out of the ground for years low drilling costs have made iran co the most valuable and profitable company in the world and it's the biggest 12 percent of the world's oil comes from around coast tops but no one knows with any certainty had the company is structured

and run around co avoid publicity as far as possible its shares will only be listed on the riyadh stock exchange there are questions about just how large its sighted reserves really are not to mention the uncertainty around oil prices and a move towards renewables crown prince mohammed bin simon wants to reduce his country's reliance on oil revenues from around close i.p.o. will be used to accelerate the pivot towards the tourist industry and to ramp up development of renewable energy by colleague spoke earlier today with middle east expert from the institute in homburg he asked why iran has choosing now to go public. they hope that the i.p.o. can help around cohen his international isolation strutted sheet crew closer into the linkage between oil production and refining in petrochemical production and expansion of export business most notably to asia and of course an i.p.o.

can help heal also with the debt issuance that was for example used to finance the put chase of the 30 percent big stake by a ram co recently that is one reason the other reason is that the i.p.o. can help saudi arabia as diversification dr you always need to mention also the public investment fund when we talk about the or i'm quite p. o. that is basically the wakil of choice of mohamed bin sun mon in his strategy the vision 2030 to develop more a more diversified. economy that will need to have some help in the beginning from such order revenues you mentioned diversification is this i.p.o. part of a larger strategy to move away from oil as a main source of income for saudi arabia yes i mean the idea is that. oil

revenues can increasingly fund strategic investments a process that in industries that might help the diversification and drive at home in areas such as heavy industries such as alternative energies like nuclear nubile energies and the tourism industry was mentioned but also when you fracturing industries. why is this listing only happening in riyadh why not in london or new york. well there were already ahead of the i.p.o. concerns about legal liabilities the majority 0 knows the majority owner off saudi aramco is of course the soul of the state and there were concerns that legal cases against the saudi state for example this legal case in the united states of family members of 911 victims that say there was an election involvement of some

saudi government employees in the lot such legal cases of course could be a considerable risk for saudi aramco if it was listed in new york no pick legislation would be another case in point and on the other hand of course as it turns out there's not that much interest at this valuation in the saudi aramco i.p.o. outside of the gulf and maybe in some corners of a shot someone well funds or so that might invest out of strategic considerations but the interest at this valuation even though it's below the 2 trillion us the loss that was initially envisaged is rather lukewarm in major financial capitals like london and new york. and it was my colleague. speaking earlier today with a card votes from the institute and. now some are mere toys others sophisticated

vehicles with an array of capabilities and the growing number of drones that's beginning to unnerve safety officials around the world just the summer one came as close to 20 meters to a landing airplane in london this week the drone industry is meeting in amsterdam and showing off new devices and is trying to address some of those concerns. the science fiction feeling continues as drones explore new areas even underground this inspection drone feels at home in our cities sewage pipes for example protected by a carbon fiber cage the majority of applications lies in the open sky however this drone as built to drop 8 boxes in hard to reach areas like the himalayas without putting a pilot in danger but commercial drones are now pushing into our cities research company gartner expect over a half 1000000 commercial drones that work globally in 2020 a rise of 50 percent we are busy with fire fighting so if you have the big fire and you have

a drone and you can see what happens and you can be much more effective in fighting this fire the other field for example is when it comes to eventing you have to control my sense of people and then it comes in very handy if you have a drone safety is the number one topic at drone week provided by drones but also safety from drones this radar detects approaching drones near airports hoping to prevent collisions with planes what we are missing mostly is the space which is the navigation system that will allow drones to operate in complex environments and also several drones to operate in the same bit of space we need to have a digital system that allows them to talk to each other avoid them colliding many cities have pretty much banned citizens from using drones because they are only just figuring out how to make unmanned flying work in the urban environment. taking off with this right now in an urban area would be breaking the law but next year as the e.u. introduces a pilot licenses that may change because

a license does come with certain rights and it may also mean more rights for private citizens to use the air space. and now to some of the other global business stories making news uganda plans to borrow more than $660000000.00 u.s. dollars from international banks to plug a hole in its budget the government received less taxes than expected and it failed to get funds from the world bank you've got this debt has risen 30 percent in 2 years partly because of large chinese funded infrastructure projects. at least $23.00 people have died in an explosion that tore through a tile factory in sudan's capital khartoum another $130.00 people were also injured when a gas tanker suddenly caught fire sudan has suffered a raft of industrial accidents in recent months raising concerns about health and safety regulations in the country. international food group cargill says it will invest $113000000.00 u.s. dollars in the world's 2 largest cocoa producing countries ivory coast gonna the

money will be used to expand its existing processing plants there the u.s. firm says hundreds of jobs will be created. modi's gibson online stickers have turned into a kind of digital language create the right one and you might even be able to turn a buck on it that's at least the case in china of course there's a caveat here where the censors. me silly piggy this little creature goes through a range of emotions from pure joy to utter frustration at the drudgery of a boring office job silly piggies antics have struck a chord when it 1st appeared in china's popular we chat user sent it more than $30000000.00 times in a month seeing its emotional range as an ideal way to express their own feelings and text message for years to come it's so cute and it reflects how young office workers feel inside me even though it's grumbling that can still express that in a really lively and vivid way this is just an entry. for the creator river

e it's been a godsend she came up with the character whilst working and what she regarded as a dull office job now the artist runs her own studio and signs autographs for fans . in a country of 850000000 mobile internet users reverse creative doodling has proven lucrative. place feel really happy time until. some friends feel proud of me when people they know share my stickers. i do the 1000 ballots and they tell them i know the person who made those and they feel fresh it. is it it's really flattering and it makes me very happy. to see the. river has enjoyed been able to make money from her art she will need to be careful though in order for silly piggy to stay online it needs to abide by some strict chinese censorship laws once when chinese president xi

jinping was compared to winnie the pooh the kodaly pair was suddenly no longer available for download. them again. and that's it for me and the business team here in berlin as always you can find out more about these and other business stories online at www dot com slash business and. check us out on facebook and twitter we'll leave you with a look at the tapes coming up the business service m c visibility thanks for watching.

most girls who could have. been something. to worry about. kids tough. to take. some. time to

choose such a deal to fight for to try. to overcome. and. it's time to die. coming up ahead. minds. of. this as the news africa coming up on the program it's a race against nature precedents head for high ground in east africa. suggest operational rains and flooding cold gets worse also coming up. bring back ossified in you national museum in the democratic republic of congo beat all of us still in the box works. and these red mountain gorillas where close to

extinction but runs to sustain the comes.