Saudi Arabia and India have also signaled moving away from the US dollar. Iran and Russia have started trading in their national currencies. The Iranian ambassador in Moscow, Kazem Jalali, said last night that entities in the two countries have begun conducting trade in rials and rubles for the first …

The sit-down comes as Iran is calling for unity among Palestinian factions. Hezbollah leader Hassan Nasrallah met with Ziyad al-Nakhalah of Palestinian Islamic Jihad in Lebanon today. The two discussed the recent war between the Gaza-based Palestinian armed group and Israel. “Sayyed Nasrallah and Nakhale tackled the latest developments in …

The Egyptian government signed new concessions with a Chinese alliance to build and operate two world-class container terminals in the ports of Sokhna and Dekhila, as part of a container logistics project to link the Red and Mediterranean seas. The Egyptian government agreed on Aug. 11 to implement the first …