Research & Commentary Results

As a condition of its $3 billion loan from the IMF, the Egyptian Central Bank confirmed its pledge to maintain a durably flexible exchange rate. The Egyptian pound quickly and sharply dropped, but economists are cautiously optimistic that Egypt can sustain the current crisis and repay its debts. The government is walking a tight rope, attempting to raise revenues and attract investments without exacerbating the tough living conditions at home.

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

For the first time in several months, Iranian critical military infrastructure again came under attack from an unknown assailant. The Jan. 28 drone attack on a Ministry of Defense workshop complex appeared designed to deliver a politico-strategic message. The strike may mark the beginning of a more unstable post-JCPOA security environment in the Middle East characterized by a return of deterrence and risk-taking behavior.

Stirring sectarian tensions in the country’s poorest province is a dangerous game.

A decline in average annual precipitation, rise in temperatures, and dire water shortages are leading drivers of climate-induced internal migration in Iran. This long-term trend was further exacerbated in 2022 by more intense heat waves, resulting in a spike in seasonal migration.

Azerbaijani-Iranian relations have been strained since Azerbaijan’s victory in the 2020 war with Armenia. However, the situation dramatically worsened in the last few months, with Iran holding two large-scale drills near the border with Azerbaijan and accusing Baku of colluding with its enemies and interfering in its internal affairs.

The death of Mahsa Amini in September 2022 has remained the catalyst and central rallying cry of almost half a year of escalating protests in Iran — protests that have, like many before, and like many will in the future, lived as much online as they have on the ground. What is clearer than ever is that the Iranian state’s relationship to dissent will continue to be predominantly mediated by its practices and attitude toward freedom of information, which, today, largely remains a question of internet access.

The general policy of the Islamic Republic is to constrain, as much as possible, its citizens’ exposure to foreign cultures and prevent their engagement with the outside world, which explains why cultural ties, even with neighboring or friendly countries, are so limited.

When the Iranian government faces intense Western criticism, such as over its brutal suppression of the protest movement and its recent executions, it frequently resorts to specific actions, one of which is hostage-taking. Nevertheless, perhaps the most important “hostage” Tehran counts on to influence the positions of Western powers is not their imprisoned citizens, but rather Iran’s nuclear program.

Expert regional analysis by MEI scholars and contributors.

The challenge of developing export strategies for the offshore natural gas resources concentrated in the Eastern Mediterranean predates the Russo-Ukrainian war. Yet over the course of 2022, Europe’s intensifying energy crisis created a new and more immediate incentive to solve those export challenges, despite a great deal of work still to be done.

Read MEI’s weekly briefing featuring expert analysis of key regional developments for the week ahead.

While cryptocurrency may offer Iran the opportunity to bypass sanctions and boost trade, it is by no means a panacea for such outcomes and comes with a host of obstacles, such as price volatility, economic uncertainty, energy consumption, and evolving regulation.

A series of damaging Iranian hacks of Albania’s critical digital infrastructure over the summer pushed Tirana to break off bilateral diplomatic relations. Iran has regularly responded to sanctions or perceived provocations through cyberattack campaigns, as was visible in the case of Albania, guilty in the Iranian authorities’ eyes for the accommodations it has given to the anti-regime group MEK .