Syrian entrepreneurs thrive in Turkey, boost economyIn the Turkish city of Gaziantep, home to around half a million Syrians who fled the civil war south of the border, hundreds of Syrian businesses are thriving in a boost both for the displaced communi...
From war room to boardroom. Military firms flourish in Sisi’s EgyptIn a four-decade military career, Osama Abdel Meguid served in the first Gulf War and was an assistant military attaché in the United States. These days he issues orders from an office that overlooks...
Fraud-hit lender posts largest ever Indian bank lossShares in fraud-hit Punjab National Bank plunged more than 12 percent on Wednesday after it posted the largest ever quarterly loss for an Indian lender. PNB, the country's second-biggest state-run ban...
Japan’s economy contracts in Jan-March, as spending lagsJapan's longest straight period of expansion in nearly three decades ended in the first quarter of this year as the economy shrank at an annualized rate of 0.6 percent. Growth for the previous quarter...
Iran, Venezuela weighing on oil market: IEAGlobal oil supplies could be hit by the decision by the US to pull out of the Iran nuclear deal, and also by falling production in crisis-hit Venezuela, the IEA said on Wednesday. The decision by US P...
Iran says central bank sanctions only make it ‘more determined’Iran said Wednesday that new US sanctions on its central bank governor would only make Iranians "more determined, patient and resistant than ever". "We consider this inappropriate policy to be part of...