Syria: Rami Makhlouf Attacks War Profiteers

A screenshot of Rami Makhlouf from his Facebook page (Reuters)
A screenshot of Rami Makhlouf from his Facebook page (Reuters)
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Syria: Rami Makhlouf Attacks War Profiteers

A screenshot of Rami Makhlouf from his Facebook page (Reuters)
A screenshot of Rami Makhlouf from his Facebook page (Reuters)

Syrian businessman and cousin of President Bashar al-Assad Rami Makhlouf attacked war profiteers, saying they are devising “diabolical plans” to take over everything in Syria.

Makhlouf plans to attend the meeting to elect the new board of directors of Syriatel Mobile Telecom, of which he owned most of the shares. He indicated that he would publish a new video if he wasn’t arrested after attending the meeting.

In the newly released video on his Facebook page, Makhlouf explained that the judicial custody currently controlling Syriatel wants to sue the former management of the company and elect a new board of directors.

Makhlouf accused “war profiteers” who took control over the mobile company of “stealing subscribers' money”, adding that Syriatel employees were fired because they belong to or have ties with the opposition. A number of employees were also let go because they are from areas that aren't under the regime’s control, according to Makhlouf.

The video came in response to released information that Syriatel increased its revenues after Rami Makhlouf was dismissed.

The company announced its revenues for the first five months of 2021 which amounted to about 145 billion, compared to 77 billion in previous years.

Makhlouf said that the new management believes this to be “a matter of returning the people’s looted money,” noting that the increase in revenues happens in two ways, either through offers or raising prices, neither of which happened during the last period.

He indicated that only experts could reveal how people's money was looted, however, anyone who audits Syriatel will be arrested.

Makhlouf also hinted at Iran's unwillingness to contribute to the financing of the third telecom operator in Syria, which the Ministry of Communications intends to launch.

The Ministry of Internal Trade and Consumer Protection announced at the end of May its decision to ratify the statute of Wafa Telecom to be the third operator of mobile phones in Syria, but the Ministry of Communications quickly denied that it had obtained the license.

Cellular communications in Syria are monopolized by the two companies Syriatel, which was owned by Makhlouf, and MTN, which has joint Lebanese and Syrian owners.



Egypt Welcomes Tehran’s Renaming of ‘Islamabouli Street’ as a Turning Point in Relations with Iran

Relations between Egypt and Iran saw a notable thaw following Araghchi’s visit to Cairo (Egyptian Presidency)
Relations between Egypt and Iran saw a notable thaw following Araghchi’s visit to Cairo (Egyptian Presidency)
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Egypt Welcomes Tehran’s Renaming of ‘Islamabouli Street’ as a Turning Point in Relations with Iran

Relations between Egypt and Iran saw a notable thaw following Araghchi’s visit to Cairo (Egyptian Presidency)
Relations between Egypt and Iran saw a notable thaw following Araghchi’s visit to Cairo (Egyptian Presidency)

Egypt has welcomed Iran’s decision to rename a Tehran street once dedicated to Khalid al-Islamabouli - the Egyptian army officer who assassinated President Anwar Sadat in 1981 - describing the move as a significant step toward resetting bilateral relations.

In the first official Egyptian response to the development, Foreign Ministry spokesperson Ambassador Tamim Khallaf told Asharq Al-Awsat: “Renaming the street is a positive step in Egyptian-Iranian relations. It helps put matters back on the right track.”

The street, long a source of tension between Cairo and Tehran, has now been renamed after Hassan Nasrallah, the former Secretary-General of Lebanon’s Hezbollah, following a decision by the Tehran City Council.

Iranian media reported that a formal ceremony was held to unveil the new name, attended by officials, intellectuals, and civil society figures. The change was part of a wider initiative that saw 11 streets in the capital renamed last month.

Dr. Hoda Raouf, a Cairo-based expert on Iranian affairs, said the move reflects “a meaningful shift and a clear sign of Iran’s serious intent to restore relations with Egypt.”

She noted that Egyptian-Iranian ties have two key dimensions: regional security - particularly Egypt’s opposition to Iranian interference in countries such as Lebanon, Syria, and Yemen - and the bilateral relationship, which has long been strained over symbolic gestures such as honoring Sadat’s assassin.

Political philosopher and Iran specialist Dr. Mohamed Khairy echoed that assessment, calling the street name change “a significant development.”

He emphasized that the decision was passed by majority vote and attended by influential figures from Iran’s political establishment, which he said reflects a genuine desire within Iran to repair ties with Cairo.

The gesture comes amid signs of warming relations between the two nations. Iranian top diplomat Abbas Araghchi recently visited Cairo, where he met President Abdel Fattah el-Sisi and senior officials.

His visit included a symbolic walk through the historic Khan el-Khalili bazaar, prayers at the Al-Hussein Mosque, and dinner at the famed Naguib Mahfouz restaurant.

Sisi also held a phone call with Iranian President Masoud Pezeshkian during the recent Israeli escalation against Iran, in which he affirmed Egypt’s rejection of Israeli attacks on Iranian territory.