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Fully booked for post-sanctions business: Iran's five star hotels are buzzing with Western business delegations

regulation and who travels frequently to Tehran. Iran has seen a huge surge in the number of Western business ... once active in Iran, such as French oil giant Total SA and Luxembourg-based ArcelorMittal, the world’s largest steelmaker, have publicly expressed interest in returning. Iran -- one of the world’s largest ...

20/08/2014 - 13:48 - comment 0

Post-sanctions Iran for dummies: what foreign oil and gas companies re-rentering the country should keep in mind

over recent months. Iran is rich with natural resources and was once one of the key providers ... as the threat of sanctions on Russia becomes a genuine concern," he noted.Stocker said Iran's re-entry ... engagements to pursue operations in Iran," he stated."As the market opens up there may ...

17/06/2014 - 14:33 - comment 0

Region to post 4% economic growth

A World Bank report said on Wednesday that the MENA ... A World Bank report said on Wednesday that the MENA region is expected to achieve growth of 4.1% this year and 3.85% in 2012. The World Bank added another 0.5% to its previously published forecast for 2011 earlier ...

28/11/2011 - 07:57 - comment 0

Iran: First Jew put on trial following post election riots

Iran put on trial Sunday 25 activists and reformist supporters, including a Jewish teenager, for their alleged involvement in the post-election riots. Iran put on trial Sunday 25 activists and reformist supporters, including a Jewish teenager, ...

16/05/2010 - 17:44 - comment 0

Egypt’s Al-Watany Bank posts 38 percent drop in net income

Al-Watany Bank Of Egypt (AWB) reported a 38 percent ... this month, AWB management announced that its Al-Watany Bank Of Egypt (AWB) reported ... months of the year, the bank’s bottom line reached 38.44 million Egyptian Pounds ($8.27 million), down ...

15/08/2010 - 14:08 - comment 0

Industrial Bank of Kuwait posts 18 percent asset increase

The Industrial Bank of Kuwait (IBK) recorded an 18 ... during the same period, reaching 20.3 million The Industrial Bank of Kuwait ... following up their progress and success, and providing comprehensive financial and banking services ...

15/08/2010 - 14:18 - comment 0

Iran’s Saderat Bank earns profits of $35 million

The Bank Saderat Iran (BSI) has posted earnings of nearly 130 million Emirati dirhams ($35 million) for the year 2000. The Bank Saderat Iran (BSI) has posted earnings of nearly 130 million Emirati dirhams ($35 million) for the year ...

15/08/2010 - 15:49 - comment 0

Banking on stability? Arab Bank posts 7% in profits

Arab Bank has been expanding across several Middle ... upheaval, partly thanks to diversified investments. Jordan-based Arab Bank reported a 7 percent increase in first-half net profit, underpinned by growing revenues. Arab Bank has ...

17/07/2014 - 16:13 - comment 0

Sanctions face-off: Iran to unveil its corporate side in London next week

Trade, Featured Articles, Iran) Iranian banks and firms will seek European investors willing to bet ... due to its isolation under international sanctions. Iranian banks and firms ... But the Europe-Iran Forum is being held at a politically sensitive moment as world powers try to reach a deal ...

10/10/2014 - 00:34 - comment 0

Gulf Bank posts operating profit of KD 79.8 Million with net profit up by 10% to KD 26.5 million

Gulf Bank today announced an operating profit before provisions of KD 79.8 million for the first nine months of 2014. Gulf Bank today ... period last year. As of end of September 2014, the Bank’s total assets were KD 5,192 million , ...

Press Release - 19/10/2014 - 12:21 - comment 0