business

Iran’s Supreme Court Upholds Babak Zanjani’s Death Sentence For Graft

DUBAI, Dec 3 – Iran’s supreme court has upheld the death penalty against Iranian businessman Babak Zanjani for corruption, the judiciary said on Saturday, a sentence critics say will mask the identity of senior officials who supported him. By his own account, Zanjani had for years helped circumvent sanctions by arranging billions of dollars of

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Economic Reforms Weigh on Kuwait’s Parliamentary Election

By Ahmed Hagagy KUWAIT, Nov 24 – Kuwaitis vote on Saturday for a new parliament the government hopes will help push through reforms to a lavish welfare state to curb a budget deficit caused by weak oil prices. Nearly 300 candidates are vying for 50 seats in an assembly that has legislative powers but which

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Business Outlook: Trump Presidency’s Impact on Gold and Oil Outlooks

By Hussein Sayyed Since the day that President-elect Donald Trump unexpectedly won the U.S. elections, the sliding gold price has signaled an unanticipated risk on investor mood. Instead of money flowing to safe-haven investments like gold, it appears that the markets are instead taking confidence from the end of uncertainty over who will lead the U.S.

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EU Conservative Slams Johnson’s “Arrogant Provocation” on Turkey

STRASBOURG, Nov 22 – The centre-right leader in the European Parliament denounced British Foreign Secretary Boris Johnson on Tuesday as arrogant and seeking to goad the European Union for calling on it to let Turkey join the bloc. “It’s a purely arrogant provocation from Johnson when he’s telling us what we have to do,” said Manfred

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Asian Export Nations Wary Dollar Boost Gives Trump Pretext to Beat Them

By Tetsushi Kajimoto and Cynthia Kim TOKYO/SEOUL, Nov 20 – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump’s fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already

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Once Critical, Gulf Executives Want to do Business with Trump

By David French DUBAI, Nov 13 – Gulf executives who were upset by Donald Trump’s campaign trail comments about Muslims took a conciliatory tone following his election victory and said they were open for business with the United States. In Dubai, boards displaying the President-elect’s name and his support for a DAMAC project to build

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Business Outlook: The MBA Gets Up Close and Personal

By Randa Bessiso The MBA (Master of Business Administration) degree is still the preeminent business/general management qualification and is highly valued by a wide range of employers and recruiters. It is a general management qualification that equips students for a career in business management, helping them acquire a broad perspective on a wide range of areas

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Britain Faces Long Road to Post-Brexit Trade Deals

By Kylie MacLellan LONDON, Sept 7  – Prime Minister Theresa May wants to make Britain a global leader in trade after Brexit, but former negotiators say the country faces a long slog despite warm words from some world leaders over forging new relationships. With other countries reluctant to get involved in detailed discussions until Britain’s

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Business Outlook: Saudi Market and Investors

The Saudi market can attract more foreign investors if it eliminates restrictions BY Ahmad Khatib Stock markets around the world crashed in 2008 and billions of dollars were lost, but most of the world’s major indices found a way to recover. Some of them recorded historic levels later on, and many have repeated that exceptional performance

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