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While the government has enough reserves to deal with several years of deficit, the need for economic diversification is ever more pressing There is a growing expectation that, within a year or two, the
The ex-president has, however, continued to try to broker behind the scenes deals between Khamenei and opposition leaders – without apparent success. Karroubi and Khatami
attend the introductory and bidding sessions, whether or not they participate as bidders, and it is expected that many non-bidding firms will send small delegations to Baghdad to discuss other potential deals
Nor will the court’s clout be restricted to its titular head; MBZ can also be represented by the chairman at major events, and in dealings with local and international officials and senior public figures
On 11 November, he signed a SR27.1bn ($7.2bn) deal with the Saudi Binladen Group for work on King Abdelaziz International Airport in Jeddah, and has received various foreign officials (GSN 889/5).
But the SFO is still facing legal repercussions from botched investigations into Robert and Vincent Tchenguiz, brothers whose dealings with Icelandic bank Kaupthing were at one point under scrutiny.
Disappointment over stalled education and economic reforms, and a perception that his government’s plans to deal with Covid-19 were more damaging than life-saving, have slowly turned a majority of
global Islamic finance powerhouse, where Islamic banks and financial institutions have more diversified investment portfolios, the Gulf states face a handicap linked directly to the sharia requirement to deal
As opposition members have told GSN, promising to deliver but failing to do so is a recurring trend in the regime’s dealings with the opposition.
Hamoudi, a senior Islamic Supreme Council of Iraq member who supported Maliki as chairman of the foreign relations committee in the previous Iraqi parliament, and regularly visited Iran to negotiate deals
Instead, there have been piecemeal supply deals, such as that secured by German Chancellor Olaf Scholz in Abu Dhabi during a late-September tour that also took in Saudi Arabia and non-Opec member Qatar
; he was involved in most of the biggest decisions taken in the Islamic Republic’s short history, from accepting a UN-backed ceasefire to end the war with Iraq in 1988 to supporting the nuclear deal
Banking Group was fined $350m by US authorities for faking records of transfers for Iranian and Sudanese customers to enable them to move cash into and out of the USA; the transactions covered by the deal
The signs are now that Alwaleed will do a deal, while the value of his Kingdom Holding Company has plummeted. Few expect 62-year-old Alwaleed to return to his former prominence.
Former MoI firm Technology Control Company (TCC), established in 2008, provides security and digital services; it deals with ‘big data’.
