Iran’s automotive industry accounts for 10 per cent of GDP and is the largest in the Middle East. An unexpectedly strong response to a Central Bank of Iran-backed programme of providing consumer loans has led to the scheme being suspended following…
Day: November 21, 2015
BBC reports Iranian banks unprepared for world after sanctions
For complete coverage of business developments in Iran and the Middle East, see MEED The BBC has posted a report on the readiness of Iranian banks to deal with developments after sanctions are lifted, which could be before the end…
IAEA governors meet on Thursday; Iran the top issue
For full coverage of Iran and the Middle East, see MEED The IAEA Board of Governors will convene a meeting at the agency’s headquarters in the Vienna International Centre starting at 1030 Central European Time (CET) on 26 November. Board…
Iran link proposed in China’s Silk Road high speed rail line
For complete coverage of business developments in Iran and the Middle East, see MEED A railway link between Ashghabat in Turkmenistan to Tehran is part of a plan to build a Silk Road high speed railway line from China through…
IAEA Iran report to be ready by early December; end of sanctions by end of year increasingly likely
For full coverage of business developments in Iran and the Middle East, see MEED. Iran’s representative to the International Atomic Energy Agency (IAEA) Reza Najafi said on 20 November that the IAEA will announce its final assessment about Iran’s nuclear…