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Abu Dhabi Chamber to host franchise exhibition in October

Abu Dhabi / Emirates Business Abu Dhabi Chamber announced that the sixth International Franchise Exhibition (IFE) is to be hosted at the Abu Dhabi National Exhibition Centre (ADNEC) on October 16 – 17, with major international brands and companies taking part. As an important business-first event, the IFE 2018 provides a platform for meeting the demands of the growing franchise ...

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Total stops Iran gas project as risk from sanctions too high

Bloomberg Total SA said it will not risk investing in Iran following the return of US sanctions, unless it can secure a waiver. Continuing to do business in Iran would be too great a risk as the company has large operations in the US and depends on the country’s banks for financing its operations, Total said in a statement. So ...

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Germany brushes aside US concerns about Russia gas pipeline link

Bloomberg Germany brushed aside US concerns about a major natural gas pipeline that will deliver Russian gas to Europe, suggesting President Donald Trump’s administration appears to be protecting its own interests. German Economy Minister Peter Altmaier defended the planned Nord Stream 2 pipeline as Chancellor Angela Merkel meets President Vladimir Putin in Russia. The US warned it may impose sanctions ...

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