Rouhani's strength in enlisting the support of popular Khatami and influential Rafsanjani supporters may also become his weakness, as he will need the full range of his diplomatic skills to keep his wide-ranging coalition of supporters together.
Apart for headline news sounding major commercial interest in Iran, private investors eager to reap benefits of the nuclear deal are confronted with a more sobering reality of factional infighting, a stagnant economy, and a private sector struggling to compete against quasi-government actors.
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Saudi Arabia’s 8th April pledge of almost $25 billion to Egypt was not a surprise. The Kingdom has been the most steadfast support of the el-Sisi regime since it took power in the summer of 2013.
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The UAE has established an unwanted reputation as a primary destination for international money laundering. In a bid to halt the illicit outflow of state wealth, Nigeria has taken a proactive stance in developing bilateral mechanisms to combat the movement of funds.
Despite President Rouhani’s promise to strengthen the private sector, state and so-called ‘quasi-state’ organisations continue to dominate the Iranian economy.