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ECONOMIC DIPLOMACY

Iran details conditions for sticking to 2015 nuclear deal

On Tuesday, Iran is set to inform the United Nations’ nuclear body that it will begin the process of increasing its capacity to produce uranium hexafluoride, a key ingredient for enriching uranium. Following U.S. President...

Vogue Arabia draws flak for featuring Princess Hayfa while women activists are jailed

Vogue Arabia landed for a bit of harsh criticism following its June 2018 cover which features a Saudi princess. While Vogue Arabia’s intentions may have been noble: to feature the “trailblazing women of Saudi...

President Al-Bashir: Sudan is under “economic embargo”

The President of Sudan, Omar Al-Bashir, talking to the “Khartoum State government” on May 31, 2018, stated that the country was still under the effect of an economic restriction stemming from political motivation. Likewise,...

Jordan: King Abdullah faces grumbling protesters

The Kingdom of Jordan economy suffocates. Last Wednesday, the government proposed a new law aiming at increasing taxes on employees (+5%) and on companies (+20-40%), as a new series of IMF-backed measures. The government...

Europe bets on Sisi’s Egypt

Egypt wins it all: almost $13 billion for modernizing Egyptian institutions. “The richness of cooperation is evident in the figure of the total EU aid commitments to Egypt, which amounts to over $351 million...
refugees, Syria, war,

Syrian refugees must voluntarily return

Lebanon is collaborating with Damascus in order to ensure the safe return of its citizens, who have ended up as refugees, in Lebanon. Lebanese President Michel Aoun, as well as other politicians have called on...

Bahrain’s state finances need reforms: IMF

Following yearly consultations with the government of Bahrain, a senior official from the International Monetary Fund disclosed, it is very important for the state of Bahrain that it undertakes financial reforms, which includes supporting...

French diplomacy saves Lebanon from engaging in a war, claimed President Macron

According to Reuters’ reports, the President of France, Emmanuel Macron, sees his country as the problem solver of Lebanese “political crisis”, whereby referring to last year’s situation. In a public statement, President Macron also...

Switzland’s BCP halts business transactions with Iran

On Tuesday, Swiss lender Banque de Commerce et de Placements (BCP), stated it has stopped processing all new business transactions that deal with Iran and is in the process of shuttering its Iran-related activities. The...

Turkey: 104 ‘plotters’ sentenced to life

A Turkish court handed life sentences to 104 suspects over their involvement in the July 2016 attempted coup, according to state media. The former military personnel were given "aggravated life sentences" by a court in...
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