Russia is planning to establish a ‘grain hub’ in the Middle East with the UAE, Egypt,…
Middle East
Business news and investment opportunities in the Middle East
Qatar blockade puts 2022 World Cup under threat
The very real possibility of Qatar facing a long-term blockade of its sea and land routes…
Saudi-led rift with Qatar casts shadow over China’s Silk Road ambitions
This week’s decision by a number of Arab states led by Saudi Arabia to cut all…
Gulf sovereign wealth funds due to confirm $20bn of Russian deals at SPIEF
With business chiefs from across the world due to descend on St Petersburg for its annual…
Islamic banking proposal could see ‘trillions of dollars’ flood into India
Islamic banking: Moves by the Reserve Bank of India (RBI) to offer its banks an “Islamic window”…
Arab Development Funds pledge $700m to Uzbekistan
Arab Development Funds: A number of Arab financial institutions and development funds within the Arab Coordination…
Syria asks Russia for $1bn loan to counter destabilisation
Syria: The Syrian government has asked Russia to lend it $1bn to tackle social problems. Despite its long-term…
Iran-Azerbaijan ICT talks begin in Baku
Iran-Azerbaijan ICT talks: A delegation of representatives from Iran’s ICT sector was due in Bakuy today to…
Egypt approaches Avotvaz over joint projects
Egypt approaches Avotvaz: The Government of Egypt has asked AvtoVAZ if it would be interested in participating…
Flydubai lands in Almaty International
Flydubai, UAE’s budget airline, completed its inaugural flight to Almaty yesterday. The new route is part of…
Iranian egg exporters eye up Russian market
Iranian egg exporters: Iran is to start exporting eggs to Russia within the next two weeks,…
Russia and Iran sign oil agreement
Russia and Iran sign oil agreement: Russia and Iran have signed a Memorandum of Understanding as the precursor…
Tashkent-Muscat transport corridor MoU signed
Tashkent-Muscat transport corridor : The Foreign Ministers of Uzbekistan, Turkmenistan, Oman and Iran this week met in…
Energy Ministers sign Russian-Iranian energy trade pact
Russian-Iranian energy trade pact: Russian Energy Minister Alexander Novak and Iran’s Minister of Petroleum Bijan Namdar Zanganeh…
Iran rail electrification sparks Russian Railway interest
Iran rail electrification: Russian Railways is in negotiations with Iran to electrify 600km of railroads in the…
KazPV Qatar solar power project signed off
The KazPV Qatar solar power project, which will see a group of Kazakhs companies providing the…
Islamic Development Bank in talks with Kyrgyzstan
Islamic Development Bank President Dr Ahmad Mohamed Ali Al Madanrt has been discussing cooperation between the bank…
Abramovic invests in StoreDot Israeli bio-electronic startup
Russian billionaire Roman Abramovic has invested $10m in the StoreDot Israeli bio-electronic startup through his Milhouse investment…
Kyrgyzstan and Qatar double taxation arrangement ratified
Kyrgyzstan and Qatar double taxation: Kyrgyzstan and Qatar yesterday signed an intergovernmental agreement on double taxation avoidance and…
Iran plans Sabalan FTZ on Azeri border
Sabalan FTZ : Iran has announced that it is to set up a free trade and tourism zone close to its…
Iran-Kazakhstan trade could reach $5bn
Bilateral Iran-Kazakhstan trade is running at an annual level of $5bn, Iran’s Finance and Economic Affairs Minister Ali Tayyebnia…
Kyrgyz-Qatari investment fund under discussion
The establishment of a Kyrgyz-Qatari investment fund that would act as a mechanism for implementing large-scale projects…
Arab League to get visit from Uzbek delegation
Arab League : Uzbek officials are to hold talks with representatives of the League of Arab…
VimpelCom sells Djezzy Algerian subsidiary stake
VimpelCom sells Djezzy: Mobile operator VimpelCom has sold 51% of its stake in its Algerian counterpart…