The US dollar may be losing its dominance in the Middle East to the yuan. Egypt has decided to issue bond’s denominated in China’s currency, the yuan. Egyptian Finance Minister Mohamed Maait said at a press conference today that Egypt will issue $1.5 and $2 billion’s worth of the yuan-denominated …

Iranian authorities have called on Iraqi factions to seek political solutions as Baghdad streets saw deadly clashes between members of the Shiite Sadrist movement and their Tehran-backed rivals. Iran’s President Ebrahim Raisi said constitution-based dialogue among political blocs was the only path toward stability and security in Iraq, where the …

Prime Minister Yair Lapid was surprised by the briefings to the press of Mossad Director David Barnea, who accused the West and the United States of generating a strategic catastrophe for the region. The intense efforts by world powers to reach agreement with Iran on its nuclear program are sending …