Iran’s Supreme Leader Ayatollah Khamenei meets Russia’s President Putin in Tehran on 23 November For full coverage of business developments in Iran and the Middle East, see MEED Iran’s supreme leader Ayatollah Khamenei, at a meeting with Russian President Putin…
Month: November 2015
Foreign Affairs says Iran’s economy will be driven by human talent not oil
For full coverage of business developments in Iran and the Middle East, see MEED Iran’s economy will be driven after the end of sanctions by its abundant resources of human talent, the cover story of the latest edition of six-time…
Fitch affirms ratings of five Bahrain banks
For full coverage of business developments in the Middle East, see MEED Fitch Ratings has affirmed National Bank of Bahrain’s (NBB’s), BBK’s and Arab Banking Corporation’s (ABC’s) long-term issuer default ratings (IDRs) at BBB-. Fitch has also affirmed Ahli United…
Modest rise in GCC bank third quarter net earnings: Gulf Investment House
For full coverage of business developments in Iran and the Middle East, see MEED Net earnings of GCC covered by Gulf Investment House increased 3.7 per cent year-on-year to $5.6bn in the third quarter of 2015. Net profit of banks…
UAE asset management market rises to $1.3bn
For full coverage of business developments in Iran and the Middle East, see MEED The UAE asset management industry manages $1,264.8m in assets in about 31 funds as of 21st July, 2015, according to Marmore’s UAE Asset Management report. Equity funds…
NBK says Kuwait real estate is weak
For full coverage of business developments in Iran and the Middle East, see MEED Weakness in the Kuwait real estate market is persisting despite a pick-up in the commercial sector, a report on the sector by the National Bank of…
About $244bn worth of projects in Iran
For full coverage of business developments in Iran and the Middle East, see MEED About $244bn worth of projects are underway or announced in Iran, the MEED Iran webinar was told this afternoon. “Iran will be able to press ahead…
Dubai film festival announces short-film nominations
The Muhr Gulf Short Category is now complete, with the second slate of films announced to the line-up for the 15-strong category at the 12th edition of the Dubai International Film Festival (DIFF). Premiering the latest and greatest short films…
First cruise ships call at Sir Bani Yas in Abu Dhabi
Abu Dhabi Ports─the master developer, operator and manager of ports and industrial zones in the Emirate―has started welcoming cruise liners at Sir Bani Yas Island, the Gulf’s first cruise beach stopover in Abu Dhabi. Two prominent luxury cruise vessels made…
Iran has shipbuilding deals with Hyundai and Nordic Yards Wismar
A ship built by Isoico For full coverage of business developments in Iran and the Middle East, see MEED Deals have been agreed for building ships with South Korea’s Hyundai Heavy Industries (HHI) and Germany’s Nordic Yards Wismar, Iran Shipbuilding…