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Old June 6th, 2005, 01:07 PM   #1
Cyrus
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Iranian investors pump $200 billion into UAE ventures

http://www.karun3.com/news/?id=41

This bridge weights 2375 Tons and is located 3.8 Km. upstream of Karun3 Dam.
This intrados arc-bridge has a deck of 336 meters long and the distance of arc ends is 246 meters long and from this point of view it is the longest bridge in the Middle East.
This bridge completes the subsidiary road which connects Ahvaz to Shahrekord cities after dam impounding.



















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Old August 20th, 2005, 08:45 AM   #2
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Iranian investors pump $200 billion into UAE ventures

By Saifur Rahman, Staff Reporter

Dubai: More than 400,000 Iranians are estimated to have moved Dh730 billion ($200 billion) of capital into Dubai recently, mostly invested in the UAE's burgeoning real estate sector, according to Iranian sources.
"Iran has been wishing for some time to transform its free zones into the business hub of the region, but then Dubai appeared on the scene and it was 'checkmate Iran'. Today, the country is sucking in Iranian capital both in real state and in business activities," a report released by Iran's Culture Heritage News (CHN) agency said yesterday.

The estimate appears to have been somewhat inflated based on the fact that Emaar Properties the largest developers in terms of deliveries have handed over 10,000 units so far. With an average face value of Dh1 million, this translates to only Dh10 billion worth of properties.

A similar number of deliveries is expected within the next 12 months, as the Palm Jumeirah villas will be up for handover in the second half of 2006.

Part cause of the increased funding flowing into the UAE may also be as a result of the changing political situation within Iran. Iranians have recently voted a conservative leader to power, ending two eight-year reigns by reformist leaders, Ali Akber Hashemi Rafsanjani and Mohammad Khatami.

It is unclear if the fear of a blacklash by conservatives has resulted in the latest round of capital outflow, or even the stand-off with the West on resumption of Iran's nuclear programme is the cause of wealthy Iranians looking to hedge their funds in a more secure location.

"Iranian capital is buying into different sectors in Dubai. Some 20 per cent of investment in Dubai's shopping centres is now registered under Iranian names, and during just one week at the end of June, Iranians bought 31 per cent of the luxurious villas of Al Hamra, a tourist and residential complex, located in Ras Al Khaimah," the CHN report said.

"With the rapid investment growth, Dubai officials foresee the rate of Iranian investment in the country to increase by 50 per cent by the end of 2006, reaching a sum of Dh1.1 trillion ($300 billion)."

Historically, Iranians are one of the largest investors in Dubai. The Islamic Revolution in 1979 forced many liberal and wealthy Iranians to move their capital out of the country. Dubai was one of the principal beneficiaries.

Iranians have purchased a large number of residential and commercial plots in Dubai Marina, Jumeirah Lake Towers and other areas designated for "freehold" property development.

Statistics from Dubai Chamber of Commerce and Industry show that more than 6,500 companies are now registered in the emirate under Iranian nationality.
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Old August 20th, 2005, 10:33 AM   #3
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USD 200 billion as FDI in a neighboring country!

Why they donít pump it in Iran's economy so they benefit their country and Iranian people?
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Old August 20th, 2005, 11:01 AM   #4
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Quote:
Originally Posted by Moody
USD 200 billion as FDI in a neighboring country!

Why they donít pump it in Iran's economy so they benefit their country and Iranian people?

Now that wouldnt be a safe investment...
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Old August 20th, 2005, 11:45 AM   #5
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btw i love the jingle for Dubai's ministry of tourism!
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Old August 20th, 2005, 01:24 PM   #6
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Quote:
Originally Posted by freedom
Now that wouldnt be a safe investment...
But hey, Iran has some great projects U/C and planned!
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Old August 20th, 2005, 05:54 PM   #7
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Quote:
Originally Posted by Moody
USD 200 billion as FDI in a neighboring country!

Why they donít pump it in Iran's economy so they benefit their country and Iranian people?
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Old August 20th, 2005, 07:26 PM   #8
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^

Okay, they can give you the 1/2 Dubai Boy happy now?
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Old August 20th, 2005, 07:58 PM   #9
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Didnt get you !!
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Old August 21st, 2005, 01:52 PM   #10
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another article on this matter published today:

TEHERAN, AUGUST 18 - While Iranian officials are searching for new ways to bring into their country foreign investors, Iranian capitals are flying out to the neighbouring Dubai, in the United Arab Emirates. The phenomenon is highlighted by the 'Teheran Times' which observes that today Dubai is sweeping away Iranian capitals both in real state and in business activities. Rumour goes around that during the first three months of the current Iranian year (began on March 21), 200 billion dollars have been invested in Dubai by 400,000 Iranians. Iranian capitals are nourishing different spheres in Dubai. Some 20% of investments in Dubai shopping centres are now registered under Iranian names, and during just one week at the end of June, Iranians bought 31% of the luxurious villas of Al Hamra tourism-residential complex, north of Dubai. With the rapid investment growth, Dubai officials foresee the rate of Iranian investment in the country to have a 50% increase by end of 2006, reaching a sum of 300 billion dollars. To these numbers, one should add, the more than 6500 companies are now registered in the emirate under Iranian nationality, the number of 10,000 Iranian students living and studying in Dubai, taking to the country both their money and their brains, the number of Iranian tourists travelling there even several times a year, spending large sums of money on shopping and amusements.

Now the big question is:
Is Iran's govt. actually wellcoming this as a way to do business from dubai in the face of sanctions? or as a way to take over dubai's growing economy peacefully?
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Old August 21st, 2005, 03:00 PM   #11
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Take over Dubais economy peacfully !! how can someone put take over and peacfully in the same sentance Oh wait ..... !
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Old August 21st, 2005, 03:07 PM   #12
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what dont you know of a corparate take over?
when somebody buys enough shares to become the major shareholder?
Iran pumping up Dubai's economy..are you that naive..
oh wait!
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Old August 21st, 2005, 03:24 PM   #13
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Quote:
Originally Posted by source26
Now the big question is:
Is Iran's govt. actually wellcoming this as a way to do business from dubai in the face of sanctions? or as a way to take over dubai's growing economy peacefully?
really...i dont think the government cares. I mean they wont profit on it anyhow...
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Old August 21st, 2005, 03:25 PM   #14
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Quote:
Originally Posted by Moody
But hey, Iran has some great projects U/C and planned!

Yeah but Dubai is safe and stable in Iran everything can happen (war, revolution) and someone will take all the investors money and run away
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Old August 21st, 2005, 03:35 PM   #15
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Just think of the numbers - investing $300 billion - billion!!

you can build a medium-size new country from scratch with that kind of money!!
that money its like the entire gnp of about 30 big african countries together!!
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Old August 22nd, 2005, 02:30 PM   #16
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i see some iranians are withdrawing some of their money from Swiss banks
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Old September 14th, 2005, 09:48 PM   #17
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Peugeot Aryan: First Iranian car up for export unveiled.

Peugeot Aryan: Iran hopes tweaked Peugeot can boost auto exports

[IMG]http://************/dop30g.jpg[/IMG]

TEHRAN (AFP) - Iranian carmaker Iran Khodro unveiled its new homegrown version of the popular French Peugeot 206, hoping the tweaked model will boost its position as the Middle East's biggest auto producer.


In a joint project with Peugeot costing 830 billion rials (92 million dollars), designers have transformed the car from being a compact hatchback to a saloon offering more luggage space. The tweaked car, unveiled Wednesday, is called the "Aryan".

Iran Khodro's managing director, Manouchehr Manteqi, said the company was targeting the car at the booming domestic market and 39 foreign markets -- mainly the Middle and Far East, North Africa and Central Asia.

Production is set to start in January 2006, with output eventually reaching 120,000 units per year. France's Peugeot already dominates the Iranian market with the 405 and 206 models, as well as engine designs for other models.


[IMG]http://************/dop387.jpg[/IMG]

[IMG]http://************/dop36o.jpg[/IMG]

[IMG]http://************/dop2mq.jpg[/IMG]

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Old September 15th, 2005, 04:18 AM   #18
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Soren

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designed by iranian engineers
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Old September 15th, 2005, 04:22 AM   #19
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Old September 15th, 2005, 10:05 PM   #20
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Not Bad !
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