Iran’s non-oil growth too low

The lifting of nuclear sanctions under the Joint Comprehensive Plan of Action (JCPOA) has spurred growth, but banking system weaknesses, structural bottlenecks, and hesitation by foreign banks to re-establish financial links have held back expansion of non-oil activity, according to the latest IMF report on […]

Algiers Accord is landmark achievement

“Through a shared vision, among both OPEC and non-OPEC producers, collaborative and timely intervention was taken to address the prevailing market realities,” said HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the International Petroleum Week in London (UK). With the Algiers Accord agreed in September […]

Petrochemical hassle between Iran, Qatar and Total

Prior to the lifting of international sanctions against Iran in January 2016 within the framework of the Nuclear Deal (JCPOA) signed by the major powers (P5+1) in July 2015, the French energy group Total had started effective talks with Tehran with a view to exploring...

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Strait of Hormuz’s big comeback

It’s been a decade ago or so, roughly before the two presidential mandates of Barack Obama, that we heard about the Strait of Hormuz in these terms. In fact, Hormuz has always been a high strategic value area except that with the quick rise in […]

Growing tension in the Middle East

For several weeks now, Cyceon has emphasized the growing likelihood of high tensions punctuated by significant security incidents in the Middle East. The decision by the Israeli government to legalize the settlement of 4,000 new houses and the strong condemnation by the PLO illustrate this […]

More growth forecast in the GCC area

After confirming that it will continue to invest in the United States, the Kingdom of Saudi Arabia should be able to reach 1.8% economic growth in 2017 after the disappointing 1.3% registered in 2016. According to an analysis by Coface, the other member economies of […]

Iran’s Boeing deal can’t be cancelled

As tension is mounting between the Trump administration and the Iranian government, Iran’s Minister of Roads and Urban Development Abbas Akhoundi told local media that since the 16.6 billion dollars deal reached between Iran and Boeing was a “commercial one” then Trump can’t kill the […]

Trump’s counterproductive on Iran?

By barring Iranian nationals from entering US territory for at least 90 days, President Donald Trump may have miscalculated. According to several analysts of very different opinions, not only this decision could push Iran into its entrenchments like the ballistic testing carried out Sunday but […]

Saudi Arabia will work with Trump

In line with information Cyceon provided its Members with in recent months, the arrival of Donald Trump at the White House shouldn’t critically damage the fruitful business ties between the United States and Sunni monarchies. In addition to UAE Foreign Minister Abdullah bin Zayed Al-Nahyan who […]

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