Boom time for domestic tourism?

Domestic tourism: At first sight, logic would suggest that those countries who have led the race…

EU accused of appeasing Trump with May 12 nuclear waiver looming for Iran

The EU should be pushing the   US to abide by the terms of the nuclear agreement…

Total to forfeit investment if it pulls out of South Pars contract, Tehran warns

French energy giant Total will lose the $66m it has already  committed to the development of…

Now Total considers investing $10bn in Iranian petrochemicals development

Just months after signing a $5bn deal  to participate in the development of Iran’s giant offshore …

Total close to finalising $1bn South Pars deal despite new sanctions threat

The French oil major Total is finalising plans to invest an initial $1bn in the development…

Tillerson ready to question sanctions as Merckel and Hollande back extension

Tillerson: German Chancellor Angela Merkel and French President Francois Hollande yesterday put their collective weight behind…

Investment rolls back in as retailers bank on Russian economic recovery

Russian economic recovery: Foreign direct investment into Russia reached $8.3bn in the first nine months of…

Total wins race to sign first energy deal with Iran since end of sanctions

France’s Total this week became the first western energy company to sign a major deal with Tehran…

Hinkley Point the model as France and China pledge to set up investment fund

Hinkley Point: France and China are to set up a fund for joint investment in overseas projects,…

Renault joins Western rush into Iranian car market

Renault  has become the latest Western car manufacturer to return to the Iranian car market this week…

AvtoVAZ tempts Renault to take control with $386m share issue

AvtoVAZ, the Russian car manufacturer behind the country’s iconic Lada  brand, is hoping to raise RUB25bn…

Hinkley Point delay sends mixed messages to Chinese investors

Yesterday’s decision by UK Prime Minister Theresa May to delay the final go-ahead for the Hinkley Point…

Wanda quits Spain and turns attention to France and $3.3bn EuropaCity

EuropaCity: Billionaire Wang Jianlin’s Dalian Wanda Group has agreed to sell the Edificio Espana building in…

Auchan opens first Tajik hypermarket in ‘revolution’ for food security

France’s  international retail group Auchan yesterday opened the very first Tajik hypermarket – and the company’s  first…

French deputies defy government with vote to lift Russian sanctions

Russian sanctions: France’s lower house of parliament yesterday voted in favour of lifting European Union sanctions against…

Airbus eyes up Russian Helicopters

The Russian government may sell a controlling stake in  Russian Helicopters  to Airbus as part of its…

49% ownership rule blocking FDI in Indian defence sector, says Airbus chief

Government rules restricting foreign ownership in the Indian defence sector to 49% are undermining New Delhi’s drive…

Carrefour moves into Kazakhstan

French supermarket chain is planning to open its first store in Kazakhstan in the next few…

France to invest $10bn in India to support Make in India drive

Make in India: French companies will invest $10bn India over the next five years, chiefly in…

Total close to deal over next-generation rig for Absheron field in Caspian Sea

France’s Total company and Azerbaijan’s state-run SOCAR are close to completing negotiations on the completion and delivery of…

Dutch NACO consultancy wins Tehran IKIA airport town contract

IKIA airport: The Netherlands Airport Consultant Company (NACO) has been awarded a five-year contract to provide…

Semmaris to build Moscow food logistics centre Agropark Maksimikha

The French  management company Semmaris has signed a licensing agreement with VTB to help the Russian bank develop Agropark…

VGTRK stake in Euronews frozen over Yukos case

A state-owned Russian media company’s 7.5% stake in the French Euronews broadcasting company has been frozen…

Egypt eyes up Russia’s Mistral helicopter carriers

Egypt may end up buying the two Mistral helicopter carriers that were originally destined for Russia,…