Tuesday 24 December 2024
 
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Iran's oil ministry to submit new international contract draft 'soon'

Iran's oil minister Bijan Zanganeh will soon present a long-awaited template for new international oil contracts to the government, as foreign companies watch for a nuclear deal that could allow them into a major untapped market.

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IIFM to launch template for profit-rate swaps

International Islamic Financial Market (IIFM) is set to launch a template for Sharia-compliant profit-rate swaps, designed to help in hedging risk in frequent cross-currency transactions next year, said its chief executive. Ijlal Alvi said

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