by Asharq Al-Awsat | Nov 17, 2013 | Business
Abu Dhabi, Reuters—Syrian bank accounts frozen abroad are gradually being freed up for use to fund food purchases, the head of Syria’s General Foreign Trade Organization (GFTO) told Reuters on Sunday, with France being the most committed to releasing the money....
by Asharq Al-Awsat | Oct 8, 2013 | Business
London, Asharq Al-Alwsat—Iran’s turbulent currency market has reacted cautiously but positively to Iranian president Hassan Rouhani’s recent visit to New York and his telephone conversation with his American counterpart, US president Barack Obama. Domestic media...
by Asharq Al-Awsat | Oct 7, 2013 | Middle East
London, Asharq Al-Awsat—Iran says it is still negotiating with Russia for the delivery of S-300 air defense missiles, a contract suspended thanks to Western and Israeli pressure since 2007, despite reports it has been offered a substitute. “In line with the friendly...
by Ali M. Pedram | Oct 2, 2013 | Middle East
London, Asharq Al-Awsat—Iranian foreign minister Mohammad Javad Zarif has reacted strongly to President Obama’s comments during an Oval Office meeting with Israeli prime minister Benjamin Netanyahu on September 30. Zarif wrote on his Twitter account: “President...
by Asharq Al-Awsat | Sep 12, 2013 | Business
London, Asharq Al-Awsat—The Iranian parliament has formed a “special working group” to investigate a USD 2-billion debt owed by a prominent Iranian businessman to the country’s oil ministry. “The Energy Committee at the Iranian Parliament has been investigating the...