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The ayatollah’s organization would go on to acquire stakes in a major bank by 2007 and in Iran’s largest telecommunications company in 2009. Among dozens of other investments, it took over a giant holding company in 2010.
November 17th, 2013 - 03:55 GMT

Unraveling the conundrum: How did Khamenei end up richer than Bill Gates?

Seven years ago, the United Nations and Western powers began subjecting Tehran to steadily harsher economic sanctions. Around the same time, an organization controlled by Supreme Leader Ayatollah Ali Khamenei started to study how some developing economies managed to grow fast.
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The protests have dramatically slowed economic activity, with analysts predicting negative economic growth in 2011 as a result of a decline in tourism and investment
September 28th, 2011 - 07:19 GMT

Syria’s freeze on luxury items, car imports sends prices soaring

Al Bawaba
April 2nd, 2008 - 09:47 GMT

The first UAE students join DHL Connecting Cultures 2008

Al Bawaba News

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