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Orient Weekly Watch: CSIORS Edition - Friday, February 9th, 2024

2024-02-12 01:18

CSIORS

Articles, Rumors-UAE-investments, Dollar-drop, IMF-visit-Egypt, Gold-price-fluctuations, Fez-National-Library-Morocco, Fossil-Heritage-Exhibition, Africa-Cradle-Humankind, Scientific-Research-Collaboration,

Orient Weekly Watch: CSIORS Edition - Friday, February 9th, 2024

Let us navigate the Middle East nuances: Egypt's Informal Market; first african fossile exhibition; Tehran media office.

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Let us guide you through the Middle East with curated links: insightful analyses and forecasts from top sources on regional complexities.

 


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Newarab.com: Speculation Sparks Decline in US Dollar Value on Egypt's Informal Market

Rumors of UAE investments and an IMF visit caused the US dollar to drop in Egypt's informal market. The Egyptian pound struggled against the dollar, leading to higher commodity prices due to import reliance. Initial IMF conditions included a $3 billion loan over 46 months. Gold prices fluctuated amid uncertain demand.


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Moroccoworldnews.com: First African Fossil Heritage Exhibition Hosted in Rabat

Fez - The National Library of Morocco in Rabat will host an exhibition on fossil heritage starting February 5, the first of its kind in Africa. Featuring fossils from Gabon and others dating back 2.5 billion years, the event aims to showcase Africa's rich natural heritage. Titled "Africa: Cradle of Humankind," the exhibition highlights Morocco's fossils and fosters international scientific research collaboration. Open to the public for the month of February, it promises to captivate fossil enthusiasts and learners alike.


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Iranintl.com: Possible Connection Between Raid on Tehran Media Office and Iran Sanctions

Security forces raided Farda-ye Eghtesad, detaining 30 journalists and confiscating equipment, potentially related to recent revelations about Iran's illicit fund transfers. The website's ties to Kian Capital, owned by political activist Majid Zamani, are under scrutiny. While the judiciary denies a connection to journalism, the ongoing investigation involves other Kian Group subsidiaries. Zamani, based in London, claims ignorance of the alleged sanction-related video prompting the raids.