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UAE Trade

Impact on UAE trade of Iran sanctions moderate-IMF

The recent tightening of international sanctions against Iran are expected to only have a “moderate” impact on the economic growth…

May 21, 2012 8:54
 
Shares in Egyptian Bank EFG Hermes Climb on Qatari Deal

Shares in Egyptian Bank EFG Hermes Climb on Qatari Deal

Shares in Egypt-based investment bank EFG Hermes rose on Monday following the announcement of an agreement with Qatar's QInvest to form a region-wide investment bank

May 7, 2012 3:27
 
Politics and business: China-Gulf ties won’t be affected by Syria clashes

Politics and business: China-Gulf ties won’t be affected by Syria clashes

Given its $90 billion a year bilateral trade with GCC, China has received less flak for vetoing the UN Council resolution on Syria. Things may change though if Syria worsens.

March 6, 2012 12:31
 
Iran to accept payment in gold from trading partners

Iran to accept payment in gold from trading partners

Iran will take payment from its trading partners in gold instead of dollars, the Iranian state news agency IRNA quoted the central bank governor as saying on Tuesday.

February 29, 2012 1:45
 
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