Author: Steven Sahiounie

SINGAPORE – Asian shares hit two year highs while copper and gold struck records on Monday as investors wagered on interest rate cuts around the corner and China stepping up efforts to steady its ailing property sector.

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Dubai was ranked the No.1 global destination for greenfield foreign direct investment (FDI) projects in 2023 for the third successive year as it reinforces itself as a “must destination” for emerging businesses, investment, and talent, in addition to its rank as a key expansion hub for global corporations.

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In a statement on Monday, the IRGC said the president’s memories and “inspiring and epic” role in fulfilling important and sensitive responsibilities in the Islamic establishment, particularly during his three-year presidential tenure, must always remain alive and serve as a good model. It added that the Islamic establishment will continue to move towards building a “strong Iran” and promoting “modern Islamic civilization” based on prudent guidelines of Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei and support of the Iranian nation. The Islamic establishment will further move more resolutely to defeat and disappoint sworn enemies, it emphasized. The IRGC…

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Foreign and Expatriates Minister Fayssal Mikdad sent a message of condolence to Ali Bagheri Kani, the acting Iranian Foreign Minister, in which he expressed sadness and sorrow over the news of the demise of President Ebrahim Raisi, Foreign Minister Hossein Amir Abdollahian and their companions, following the crash of the plane they were traveling onboard. “I received with great sadness and sorrow the news of the death of the President of the Islamic Republic of Iran, Ebrahim Raisi, and my brother and friend, Foreign Minister Hossein Amir Abdollahian, and their companions, following the crash of the plane they were onboard,”…

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