Iran Oil Sanctions Windfall For Gulf, Say Experts
Millions of dollars have reportedly been pouring into the GCC from increased oil sales since an international…
Browsing Tag
European Union
SFD To Sign US$300 Mln Finance Contract With WB, International UnionTomorrow
The Social Fund for Development (SFD) will sign Protocol of Cooperation with the World Bank and the International…
EU Council De-Lists Bank Mellat Ex-Chairman To Avoid Court
The Council of the European Union reversed its decision to place sanctions against Dr Ali Divandari, the former…
Citi Sees 90 Percent Chance Of Greece Leaving The Euro
The chances of Greece leaving the euro in the next 12-18 months have risen to about 90 percent, U.S. bank Citi said…
Eurozone Jobless Rate Hikes
New data released by the European Union show that the unemployment rate in the eurozone hit a record high of 11.1…
Europe Shares Post-Summit Slight Rise
European shares posted slight gains Monday, extending a rally scored at the end of last week after a summit meeting…
Italy, Spain Block Key European Deal On Growth; EU Summit
Cash-strapped Italy and Spain have closed ranks and blocked a key EU deal on growth as the European bloc convenes…
China, Singapore Exempted From Iran Oil Embargo: USA
The USA has exempted China and Singapore from complying with Washington’s unilateral sanctions on oil trade with…
Asia Shares Mostly Rally Amid Greek Elections
Most Asian shares rallied Monday on hopes Greece will remain in the euro-zone after weekend election results…
Japan Lower House Passes Law to Insure Iran Oil
The lower house of Japan's parliament which is mostly comprised of opposition lawmakers passed the bill on Friday…