bne IntelliNews – Iran’s national mobile operator buys into local “Amazon”
Iran’s largest telecommunications operator MCI (Mobile Communications of Iran) has acquired a 40% stake in the country’s leading e-commerce platform Digikala through its venture capital arm Harakat Aval. Digikala, often referred to as the Iranian version of Amazon, is a…
 "Blinken calls for de-escalation in Middle East in phone call with Israeli defense minister – Firstpost")
Blinken calls for de-escalation in Middle East in phone call with Israeli defense minister – Firstpost
The risk of escalation into a wider war in the Middle East has increased after the recent killings of Palestinian Islamist Hamas leader Ismail Haniyeh in Iran and Hezbollah military commander Fuad Shukr in Beirut led to threats of retaliatory…
USD/CAD hovers near multi-week low, Canadian labor market data provides new impetus
USD/CAD remains weak for the fifth consecutive day ahead of Canadian labor market data. Rising oil prices are supporting the loonie and weighing on the pair amid a slight decline in the USD. Spot prices are expected to record weekly…
Egyptian Foreign Minister talks to Josep Borrell on the phone about the Middle East crisis
CAIRO – 8 August 2024: Minister of Foreign Affairs, Immigration and Egyptian Expats Josep Borrell spoke by phone on Wednesday with EU High Representative for Foreign Affairs and Security Policy Josep Borrell as part of his contacts to contain the…
USD/CAD remains near two-week low on weaker USD, falling oil prices offer support
USD/CAD remains under some selling pressure for the fourth consecutive day on Thursday. Cautious Fed expectations and falling US bond yields are weighing on the USD and exerting some pressure. A slight decline in oil prices could weaken the loonie…
Are the war in Israel and the Middle East crisis a blow to wedding tourism?
Wednesday, August 7, 2024 Reading time: 2 protocol Israel’s war in the Gaza Strip and growing fears of an escalation of the crisis in the Middle East have dealt a severe blow to wedding tourism. Until last year – with…
