Iran / Syria

iran credit damascus

May 28, 2013 Arabi Souri 0

Iran has already opened two lines of credit for Syria. So far, the two lines of credit totalling $4 billion to Damascus by Iran and it is to expect that a third line will be opened by Iran soon in order to counter the negative effects of the international embargo and [Continue reading…]

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Egypt - It could be so beautiful..

egypt jobless rate rose unemployed

April 17, 2013 Arabi Souri 1

The jobless rate in Egypt rose to 12.7% in 2012 amid economic woes according to official figures from Tuesday. In 2011, the jobless rate was 12 percent and 9 percent in 2010. The increase of the unemployed Egyptians is due to the economic crisis and mismanagement of President Mohamed Morsi and [Continue reading…]

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Egypt & Qatar: Loans for the Egyptian pharao.

egypt end disaster

April 14, 2013 Arabi Souri 1

Egypt and the Islamic loans – Egypt manoeuvres itself more and more into the situation of the late USSR. President Mursi (Morsi) nimbly takes out loans and debts. Meanwhile, there is also a so-called “Islamic loan” (Islamic economic jurisprudence), an interest-free loan, of 2 billion U.S. dollars from the neighbouring Libya for [Continue reading…]

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