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 [Continue reading…]

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 [Continue reading…]