Business


Accusations of corruption grow at Iran's Bank Mellat

Since the arrest of the head of Bank Mellat, government officials have been divulging more and more details on the scope of corruption at the bank.
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 Arash Karami for Al-Monitor Iran Pulse on July 27

The myth of no foreign investment in post-sanctions Iran

Although President Rouhani is facing mounting criticism over the underwhelming economic dividends from the nuclear deal, the reality is that foreign investment is beginning to finally trickle into Iran.
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 Maysam Bizær for Al-Monitor Iran Pulse on July 27

Iran judiciary: Corruption not limited to high salaries

The spokesman for Iran's judiciary announced that a total of four individuals have so far been arrested with a case involving Bank Mellat.
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 Arash Karami for Al-Monitor Iran Pulse on July 25

As national pride surges, Turkey's flag sellers struggle to profit

Following the coup attempt, Turkey's public squares have turned into a sea of red as supporters of the government wave flags late into the night; yet while business is booming for producers, many flag sellers are struggling to make a profit during Turkey's new festive holiday.
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 Mel Plant for Al-Monitor Turkey Pulse on July 25

Thousands apply for short-term jobs program in Gaza

In a move to address the unemployment crisis, the Gaza government has created temporary employment projects that aim to provide temporary relief and stimulate the economy.
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 Iyad Qatrawi for Al-Monitor Palestine Pulse on July 26

Why Iran’s bond market isn’t attracting the money it needs

Without reform to existing legislation on foreign currency-denominated government sukuk, Iranian authorities will continue to fail to attract the investment they need.
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 Alireza Ramezani for Al-Monitor Iran Pulse on July 21

Sahrawis, EU in standoff over Moroccan trade agreement

The Polisario Front criticizes the EU’s farm trade agreement with Morocco because it also applies to the disputed territory of the Western Sahara; by bringing this agreement before the EU’s highest court, the Polisario Front puts its claim for independence back on the agenda.
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 Charlotte Bruneau for Al-Monitor on July 21

Will Turkey succeed in resolving Gaza’s power crisis?

Turkey is working to resolve the Gaza Strip's energy crisis as part of an economic projects package included in Turkey's reconciliation deal with Israel.
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 Ahmad Abu Amer for Al-Monitor Palestine Pulse on July 19

Iraqi laborers facing harsh conditions in holy city of Najaf

Due to the economic crisis, thousands of workers, including children from southern provinces, come to Najaf to work under difficult circumstances to support their families.
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 Ali Abdulhadi al-Mamouri for Al-Monitor Iraq Pulse on July 19

Was Arabic ad on Israeli TV a clever publicity stunt?

An Israeli department store probably anticipated the controversy its prime-time Arabic-language commercial would kick off and is now reaping the benefits of notoriety among large swaths of Israelis.
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 Yuval Avivi for Al-Monitor Israel Pulse on July 19

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