Bloomberg International business executives looking at Iran invariably see plenty of dollar signs, but there is always a caveat or two whenever the discussion turns to how and when to enter the country. Some point out that while Iran has a large, young and well-educated population, the Revolutionary Guards Corp is deeply entrenched in the economy. Others note that there ...

Reuters Riyadh-based ACWA Power is keen to buy assets from Saudi Electricity Co (SEC) if the state-controlled utility be broken up as planned, a senior executive said. Saudi Arabia’s utility regulator said last month that SEC would be split into several firms by the end of 2016 to increase efficiency. Political pressure for the long-contemplated change has increased greatly since ...

Singapore / Bloomberg Singapore said it will adopt an expansionary fiscal budget to boost growth, reducing pressure on the central bank to provide more support for the economy weeks before its next policy decision. Finance Minister Heng Swee Keat, presenting his first budget to Parliament, pledged support for companies that are facing labour constraints and a faltering global outlook, promised ...