Shorouk Express A massive scam to defraud the EU has convulsed Athens this year, after many Greeks improperly received farm subsidies for pastureland they did not own, or for farm work they did not do. POLITICO first reported on the scheme in February. Several ministers and deputy ministers resigned over their alleged involvement in the…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email President Donald Trump said Saturday that his administration found funds to pay troops during the government shutdown, authorizing Secretary of War Pete Hegseth…
Shorouk Express Amundi Investment Solutions, a French asset management company, is Europe’s leading asset manager and ranks among the global top ten, with a portfolio exceeding two trillion dollars. Between 2024 and early 2025, Amundi allocated 1.1 billion dollars to investments in the fossil fuel sector through so-called green funds that comply with Environmental, Social,…
Shorouk Express Economy Materials 3 July 2025 07:29 (UTC +04:00) The Central Bank of Iran (CBI) has allocated 600 trillion rials (nearly $998 million) to stabilize the country’s capital market, Trend reports. Recent meetings between the CBI and Securities and Exchange Organization (SEO) officials have focused on this effort. Regular meetings and continued…
Shorouk Express Business Materials 1 June 2025 23:31 (UTC +04:00) Iran’s Central Bank allocated $8.9 billion for imports and foreign services from March 21 to May 27, 2025. Of this, $1.98 billion went to essential goods and pharmaceuticals, $6.67 billion to trade goods, and $254 million to foreign services. Major imports included cars,…
Shorouk Express Economy Materials 27 May 2025 21:32 (UTC +04:00) Azerbaijan allocated a total of 21.4 million manat ($12.6 million) in 2023 for membership fees and obligations to international and regional organizations. The budget included payments to UN bodies, the Organization of Islamic Cooperation, CIS organizations, and contributions to international financial institutions such…
Shorouk Express BAKU, Azerbaijan, May 2. President of the Republic of Azerbaijan, Ilham Aliyev, has signed a decree to allocate funds for the restoration of the Pir Hasan shrine, located in the Mardakan settlement of Baku’s Khazar district, Trend reports. Under the decree, the government will allocate 550,000 manat ($323,304) from the President’s Reserve Fund,…
Shorouk Express BAKU, Azerbaijan, March 10. Iran is allocating a significant investment of around 35 trillion rials (about $61.4 million) for the construction of a 400-kilovolt substation in Tabriz, located in the country’s East Azerbaijan Province, Trend reports via the Iranian Ministry of Energy. The substation is set to have a capacity of 630 megawatts…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email A federal judge has reprimanded the Trump administration for failure to fully comply with a court order to temporarily restore funding for the…
Shorouk Express BAKU, Azerbaijan, February 6. The European Investment Bank (EIB) has approved a 466 million euro loan to the Czech Republic to upgrade vital railway lines across the country, Trend reports. The financing will support the modernization of rail routes that are part of the Trans-European Transport Network (TEN-T), linking the Czech Republic with…
