INSEAD Day 4 - 728x90

handmade Iranian rug

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.
  • Changing tastes and increased competition from Asia have forced some in the trade to redesign and resize a tradition dating back more than 2,000 years. "A revolution is underway," said Ahad Azimzadeh, 65, who calls himself "the biggest exporter of Persian carpets in the world".