Sep
30

Middle East News – Iran businesses set for higher evasion costs

Iran businesses set for higher evasion costs
Finding ways to evade international sanctions imposed over Iran’s nuclear programme could become even more costly than before if further sanctions are imposed against the Islamic regime

Tadawul starts to worry investors
Saudi Arabia’s popular stock market may be about to over-reach itself

Saudis seek Russian pledge on missiles
Saudi Arabia is seeking to extract a Russian pledge not to go through with a contracted shipment of advanced surface-to-air missiles to Iran, as part of an agreement for a larger purchase of Russian weapons, say diplomats

Saudi Arabia ‘must combat terrorism’
Saudi Arabia needs to do more to prevent Saudi-based individuals and charities financing extremism and terrorist networks outside the kingdom, a US official has said

Investors with good bedside manner
With rapidly aging populations and growing ‘illnesses of affluence’, underinvestment in Gulf states’ healthcare programmes cannot be allowed to go on, and provides ample opportunities

Iran takes nuclear programme off table
Salehi adds to the pessimism on whether international meeting will bear fruit and fuel suspicions about the link between the country’s nuclear and missile plans

Iran ‘has secret nuclear arms plan’
UK intelligence says Iran has been designing a nuclear warhead ‘since late 2004 or early 2005′, an assessment that suggests Tehran has embarked on the final steps towards acquiring nuclear weapons

Sanctions would trap west as much as Tehran
The purpose of sanctions is to change the Iranian regime’s behaviour, and that is where they will prove a weak instrument

Shuaa gathers itself after rollercoaster
The United Arab Emirates’ largest investment bank is picking up the pieces after the economic downturn and a row with its biggest shareholder left it facing stronger rivals

Forgotten Yemen slides towards the brink
Anti-government violence in the north, a secession movement in the south and fugitive jihadis throughout the country, allied to failing oil production, mean the southern Gulf state is destabilising quickly

Insurers targeted in Iran sanctions push
The US and its allies are stepping up efforts to push through sanctions on companies that provide Iran with insurance following last week’s revelation that Tehran is building an undeclared nuclear facility.