Back to the complete issue
Thursday, 19 August 2021

Iran inches closer to weapons grade uranium

Iran is getting closer to weapons-grade uranium -IAEA: Tehran has achieved near-weapons grade uranium, according to a report by the UN’s International Atomic Energy Agency seen by Reuters. The nuclear watchdog says that Tehran has now refined the nuclear material to 60% purity, up from 20% in April, in a move that ratchets up tensions with the US and Europe as both sides try to resume talks to revive the 2015 nuclear pact.

Tensions between Turkey and UAE appear to be easing, with the two countries nearing an agreement for a UAE investment in Ankara, Reuters reports Turkish President Tayyip Erdogan as saying following “a rare meeting” with a senior UAE official. “If they continue in a good way with their counterparts, I believe the UAE will make serious investments in our country in a very short time,” Erdogan said, noting that the two specifically discussed the types of investments that could be made in different fields.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.