Saudi Aramco shares fall $200 bn amid fears of impending US-Iran war
Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%...
Tag : Iran
Qatar’s budget for 2020 largest in five years
The country plans to spend 1.9% more in 2020 than it did last year...
Iran, Turkey to establish joint bank to ‘bypass the US sanctions’
Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'...
US Sanctions Against Iran will bring endess Turmoil
Businesses trading with both economies are witnessing an inevitable struggle against the backdrop of the President’s re-imposed trade sanctions. What next?...
Sanctions on Iranian oil industry to cripple economy: Oxford report
Analysts with Oxford Economics predict that the country’s economy will contract by 3.7% in 2019, its worst performance in six years...
Iran prepares to launch cryptocurrency ‘to overcome US-led financial blockade’
Its collective effort toward building a state currency is led by the Post Bank of Iran in association with the country's Central Bank...
Iran lawmakers fire finance minister as economic woes mount
The country’s parliament voted Sunday to fire the country’s finance minister amidst the economic turbulence caused by America’s withdrawal from the nuclear deal...
Restored Iran Sanctions mark unease for US’s European allies
The Trump administration's re-imposition of sanctions on Iran has America’s European allies fear greater regional instability...
Iran central bank forex chief arrested ahead of US sanctions
Ahmad Araghchi, who was a vice-governor at the bank in charge of forex, was arrested along with several other unnamed individuals, according to state broadcaster IRIB...
Iran locked out again – What happens to trading favourites in Europe?
Iran faces economic sanctions again, but it has managed to forge multi-million dollar trade deals with many European and Asian nations. It is OPEC’s third largest oil producer, and has a treasure trove of minerals and natural resources, but with Trump’ administration coming down hard on Iran, what happens next?...