Iran began the new fiscal year on March 21, 2022 having recorded an estimated GDP growth rate of about 4% over the previous year and 3% for the non-oil sector. The consumer price index (CPI) has grown by 35% year-on-year, according to the Statistical Center of Iran (SCI). While GDP …

On May 7, a group of militants attacked a water pumping station east of the Suez Canal, leaving one officer and 10 troops dead, while five others were injured in the clashes that subsequently erupted, according to Egyptian military spokesperson Gharib Abdel Hafez. On May 8, Egyptian President Abdel Fattah …

The United States has formally lifted sanctions on foreign investments in non-regime held areas of northern Syria, a long expected move that was held up by Treasury Department red tape as reported earlier by Al-Monitor. The Treasury Department posted the authorization on its website, which allows activities in 12 different …