The Central Bank of Iran has been compelled to regulate CFIs crisis
After many non-bank credit institutions were subject to bankruptcy, CBI received ultimatum from the Parliament to regulate the non-bank credit institutions.
UK Lebanon Tech Hub receives $ 3.2 million from Central Bank of Lebanon
UK Lebanon Tech Hub received a fund of $ 6.4 million from the Central Bank of Lebanon and from the British Embassy as an investment. The funds will be used to foster the entrepreneurial ecosystem and to improve the knowledge economy in the country.
Shanda Consult Business visit to Beirut July 2017
The managing director of Shanda Consult, Mr Stefan Nolte, will be in Beirut for business meetings and negotiations from 18 to 22 July 2017. Mr Nolte will visit several industrial entities as well as good old business associates.
Ukraine: Huge reforms that do work out
Ukraine has been struggling tremendously for two decades with corruption, outlaws, raiders, unjustified enrichment, and political instability. However, effective reforms of the current government are resulting in obvious improvements in many sectors. Foreign direct investment increases for two years.
Lebanon’s Bassoul Heneine is to begin the electric car era in the Middle East
Renault Twizy with its pioneering and unique design and specifications, is to launch by Bassoul Heneine as the first electric car to the Lebanon market.
Volkswagen restarts doing business in Iran
Mammut Khodro, the largest Industrial Contracting Company and manufacturer of Trailers in the Middle East, is the local partner of Volkswagen. Volkswagen signed an agreement with Mammut to sell cars in Iran from next month.