Wednesday 2 December 2015

Iranian bank sues UK govt for $4bn over sanctions

Iran's largest private bank is suing the British government for almost $4 billion in damages after the Supreme Court quashed sanctions imposed against it over alleged links to Tehran's nuclear programme. Bank Mellat wants


Mellat to sue EU after winning sanctions case

Iran's Bank Mellat plans to sue European Union governments for damages after a European court ruled to annul sanctions against the company, lawyers said on Wednesday. Europe's General Court said on Tuesday the EU had faile


Iran to issue bonds worth $305 million

Iran's state energy sector will issue bonds worth some 250 million euros (305.5 million) to help finance natural gas projects in the Gulf, the Oil Ministry website Shana reported on Wednesday. "Iran will issue bonds worth 250 million euros

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