INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Several Western states seeking division between OPEC members: Raisi

  • Raisi, citing the history of good relations with OPEC, expressed his country's desire to continue strengthening the cooperation with it
  • Haitham al-Ghais applauded the Islamic Republic's effort, both at ministerial and technical level, to strengthen the cohesion and unity of OPEC members

Tehran, Iran— Urging OPEC member countries to preserve cohesion and unity among them, Iran’s President Ebrahim Raisi said that several Western countries were seeking to divide OPEC member states.

The Iranian president made the remark in a meeting with the Secretary-General of OPEC Haitham al-Ghais in Tehran on Saturday.

Considering the constructive interaction of OPEC members with each other as an important factor in the success of this international organization, the Iranian president added that the Islamic Republic of Iran has always had constructive cooperation with this organization and wants to continue and improve the level and strengthen this cooperation.

Stating that the philosophy of forming OPEC is to support the rights of oil producers and prevent discrimination against them, Raeisi expressed hope that the OPEC organization will be able to bring peace to the oil market in the new era of its activity.

Haitham al-Ghais, for his part, considered the Islamic Republic of Iran as one of the founding members of the OPEC that has always had useful, effective, and constructive cooperation with this organization and its members.

“Iran, both at the ministerial level and at the technical level, has always acted to strengthen the cohesion and unity of OPEC members,” he stressed.

The OPEC Secretary-General also touched upon the latest situation in the oil market and said, “I hope that with the unity of opinion among OPEC members and benefiting from the support and constructive cooperation of the Islamic Republic of Iran, we will be able to bring peace to the market.”