Dubai, the favored smuggling post for illicit and dangerous goods into Iran, is to raise billions of dollars from the issuance of Islamic bonds.
http://www.bloomberg.com/apps/news?pid=20601013&sid=aGArmouiqNjU
Dubai, the favored smuggling post for illicit and dangerous goods into Iran, is to raise billions of dollars from the issuance of Islamic bonds.
http://www.bloomberg.com/apps/news?pid=20601013&sid=aGArmouiqNjU
Am I misunderstanding, or are you suggesting that proceeds from the sale could end up in Iranian hands?
I am not suggesting that this particular transaction might benefit Iran, but I am pointing out that Dubai facilitates a lot of sanctions avoidance for the Iranians in general. Dubai is regarded by many in the West as friendly, but Dubai’s actions suggest otherwise.