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Iran’s enemy failed to isolate us; Raisi

29 August 2023; MEMO: Iranian President Ibrahim Raisi said yesterday that the Islamic Republic’s “enemy” has “failed” in its attempts to isolate it, stressing Tehran’s readiness to resume negotiations on its nuclear file.

“The enemy tried to follow two strategies of isolating Iran in the world and disappointing the people inside, which it failed in both,” Raisi told a press conference in Tehran, referring to the Western sanctions imposed on Iran.

Saudi Arabia considers nuclear deal with China and Russia

29 August 2023; MEMO: Saudi Arabia is reportedly considering bids from China, France and Russia for its ambitious nuclear power project, as part of a larger strategy to influence the US over a high-stakes security agreement. Even as the world’s top oil exporter, the kingdom has expressed deep interest in developing a civil nuclear energy programme. 

Turkiye, Saudi seek $30bn in trade exchanges

29 August 2023; MEMO: Riyadh and Ankara seek to increase their trade exchange to $30 billion in the medium and long terms, according to the head of the Union of Chambers and Commodity Exchanges of Turkiye (TOBB), Rifat Hisarciklioglu.

In a speech he delivered yesterday during a Turkish-Saudi roundtable meeting in the Turkish capital, Ankara, Hisarciklioglu said a significant growth in trade exchange between Turkiye and Saudi Arabia is expected by the end of this year.

Egypt hopes BRICS entry will lure foreign cash

25 August 2023; MEMO: Egypt hopes its imminent inclusion in the BRICS bloc of developing nations will help ease its shortage of foreign currency and attract new investment, but analysts say it may take time before any benefits appear, Reuters reports.

The bloc, which includes Brazil, Russia, India, China and South Africa, on Thursday invited Egypt and five other countries to join, and Egypt immediately welcomed the offer.

BRICS invites 6 new members including UAE, Iran, Saudi Arabia

24 August 2023; MEMO: The BRICS alliance invited six countries to join, including the UAE, Saudi Arabia, Iran, Ethiopia, Argentina and Egypt.

BRICS is currently made up of five countries – Brazil, Russia, India, China and South Africa. The new members would be brought in on 1 January 2024.

Turkiye warns Russia after cargo ship incident in Black Sea

18 August 2023; MEMO: Turkiye warned Russia after an incident involving a cargo ship in the Black Sea which took place within international waters, Reuters reports.

According to the report, the “Sukru Okan” vessel was flying the flag of Palau when it was fired on by the Russian Navy last Sunday.

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