INTERNATIONAL. Tehran finds itself racing against a timetable that hinges not only on the US ability to shift its attention from its ongoing wars in the Middle East but also on Turkey's ability to grow into its historic regional role.
INTERNATIONAL. New research from PwC projects that traditional assets under management (AuM) in 12 markets across Africa will rise to around US$1,098 billion by 2020, from a 2008 total of US$293 billion.
UAE. Egis acquires 51% of Projacs, the leading project and construction management firm in the Middle East. This transaction represents a new stepping stone for the development of both Egis and Projacs.