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Construction: A Bleak Picture

BMI View: We maintain our bearish outlook for the Iranian construction sector based on staggering inflation; intensified pressure on Iranian finances following US and EU energy sanctions; and a...

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Africa - Q4 2012

Since 2008, we have been taking a much more systematic approach to assessing the current and potential conditions of the insurance sectors in each of the countries surveyed by BMI. We have calculated...

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Middle East - Q4 2012

Since 2008, we have been taking a much more systematic approach to assessing the current and potential conditions of the insurance sectors in each of the countries surveyed by BMI. We have calculated...

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Budget Heading Deeper Into Deficit

Iran's parliament approved a US$492bn budget for FY2012/13 in May, approximately 9% lower than the budget for FY2011/12. As revenues will be constrained while current expenditure remains elevated, we...

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