Abu Dhabi ‘back in the spending mood’
Abu Dhabi is pushing forward with a $90bn five-year spending spree on housing, schools, infrastructure and leisure projects, becoming the latest Gulf monarchy to showcase big spending on its citizens…
Iran gives Syria $1bn import credit line
Syria’s embattled regime has arranged a $1bn import credit line from Iran, in a sign of Tehran’s financial support for its ally President Bashar al-Assad as he fights a spreading…
Iran gives Syria $1bn import credit line
Syria’s embattled regime has arranged a $1bn import credit line from Iran, in a sign of Tehran’s financial support for its ally President Bashar al-Assad as he fights a spreading…
Ahmadi-Nejad calls for economic reforms
Iran’s president has called for structural reforms to counter the damage international sanctions have inflicted on the country’s oil-dependent economy, warning that existing measures would not work in the long…
Ahmadi-Nejad calls for economic reforms
Iran’s president has called for structural reforms to counter the damage international sanctions have inflicted on the country’s oil-dependent economy, warning that existing measures would not work in the long…
Arab nations cannot delay economic reform
©Getty The past year was a difficult one for many Arab countries undergoing historic political and economic change – Egypt, Jordan, Libya, Morocco, Tunisia and Yemen. The environment is challenging,…
Arab nations cannot delay economic reform
©Getty The past year was a difficult one for many Arab countries undergoing historic political and economic change – Egypt, Jordan, Libya, Morocco, Tunisia and Yemen. The environment is challenging,…
Doha aid fails to stem Egypt currency woes
An extra $2.5bn in Qatari financial assistance to Egypt has failed to stem the decline of the country’s currency or alleviate the pressure on the government of President Mohamed Morsi.…
UK signals shift on Syria arms embargo
William Hague, Britain’s foreign secretary, signalled on Thursday that the UK is looking to amend the EU arms embargo on Syria to allow the export of more non-lethal military equipment…
Abu Dhabi seeks cluster zone port tenants
©Bloomberg A huge new industrial zone in Abu Dhabi is touting for multinational tenants, in the latest of a wave of similar projects launched by Gulf governments as the competition…