It is evident from President Joe Biden's speech at the US State Department that his administration is going to pursue a policy of diplomacy – "maximum diplomacy", if you like – thereby replacing the previous Trump administration's "maximum pressure" campaign against Iran.
The Biden administration, led by Secretary of State Antony Blinken, is already in contact with America’s allies in Europe to discuss a strategy towards the Iranian regime. Precisely what this strategy will entail is hard to tell right now. But the administration will almost certainly not rush back into the nuclear deal, which the US and other global powers signed with Iran in 2015 before former president Donald Trump withdrew his country from it.
It is a good sign that Washington will not cave in to pressure being exerted by Tehran to do just that. There is a clear understanding that the regime has been, for the most part, a force for bad, not just in its neighbourhood but in the wider region and the world at large. While its ongoing development of nuclear weapons is bad news for everyone, its funding of armed proxies in Arab countries run by weak governments is well known.
French President Emmanuel Macron has made bold statements in the past. Reuters
My concern, however, is that the administration may stray too far from Mr Trump’s pressure campaign, which has significantly weakened the regime financially. If the former president did ever use diplomacy, it was the unconventional type – and it worked to some extent. Mr Biden, on the other hand, runs the risk of putting some of that good work in jeopardy if he returns to the kind of conventional diplomacy pursued by his former boss, Barack Obama, which proved ineffective in the Middle East, particularly with regard to the Syrian civil war.
As Mr Blinken talks to the Europeans, he should be mindful of the statements that French President Emmanuel Macron has made at various points in the past. Mr Macron has often sought to involve himself in geopolitical challenges around the world without a lot of success. Words do matter, but six months after a deadly blast in Beirut's port area killed at least 200 people, the French president's repeated visits to the Lebanese capital and his tough public remarks have done little to extract accountability from that country's politicians.
Meanwhile, the fear of political assassinations, which were a thing of the past, is rife across Lebanon once again. The country is struggling to come to terms with the killing of activist and publisher Lokman Slim. Found shot dead in his car in south Lebanon earlier in the week, Slim was known for his outspokenness – especially against Hezbollah. The Tehran-backed Lebanese proxy has denied any involvement in his killing and even condemned it. However, Hezbollah leader Hassan Nasrallah's son, Jawad, posted and then deleted a tweet saying: "The loss of some is in truth a gain and an unexpected kindness."
This is the same Hezbollah that Mr Macron attempted to placate during discussions following the port blast. The hope then was that by taking all the political forces along with it, Paris could help usher in much-needed economic and political reforms in Lebanon. Those efforts came to nought, because Hezbollah – and by extension, Tehran – controls Lebanese politics and has no incentive to encourage reforms.
Lokman Slim with his dog. "He was a generous person and loved people. He even loved trees and the garden and animals generally," recalled Ahmad Jaber. Lokman Slim / Facebook
Lokman Slim was a Shiite Muslim secular intellectual known for his opposition to the Shiite movement Hezbollah. AFP
Slim, who is remembered by friends as multi-talented, was also a publisher who ran a research centre focused on Lebanese culture and history. Reuters
Lokman Slim's office. "Lokman is a researcher. Lokman is a writer. Lokman is an artist. Lokman was a man of political opinions. Lokman was an outstanding personality," said Ali El Amine. Reuters
Slim speaks during a conference in Beirut, Lebanon, 04 February 2021. EPA photo
Mr Macron has in recent times called for a new phase of negotiations with Iran, which is fine, but added that he wants to play a role in it. But can he really play the role of "an honest broker and a committed broker", as he has claimed he can, between the US and Iran? He should, instead, push for an idea that he had proposed once but, like with other proposals in the past, failed to follow up on: including Saudi Arabia and Israel in future negotiations with Iran, especially to resolve Tehran's ballistic missiles programme and transgressions in their neighbourhood.
Diplomacy is good. But it is high time that American, French and European diplomats were united in a common commitment to end Iranian impunity in the region. Since December, two other assassinations have been carried out in Lebanon. The global powers need to include these killings, as well as the many that happen in Iraq, in future dialogues with Tehran. If the regime seeks sanctions relief, then it must be made to guarantee the safety and security of the millions of people living in countries where armed proxies backed by it routinely take the law into their own hands. The West should, at the very least, be able to make progress on this front.
It must also be cognisant of the favourable impact immediate sanctions relief would have on the ability of the Islamic Revolutionary Guard Corps to wage conflict in the Arab world. The IRGC, which is perhaps the most important force in Iran's military apparatus but also a significant player in its political arena, will do everything within its power to ensure that the man to succeed Hassan Rouhani in this year's presidential election is a hardliner. With so-called moderates such as Mr Rouhani and Foreign Minister Mohammad Javad Zarif being squeezed out of Iranian politics, any sanctions relief will only boost the IRGC's power.
The Biden administration has pulled the USS Nimitz carrier strike group out of the Gulf in a sign of potentially easing tensions with Iran. AFP
Moral duty requires that the Biden team working on the Iranian dossier, including National Security Adviser Jake Sullivan and US Envoy for Iran Robert Malley, as well as its European counterparts look at the ground realities and take tough decisions. They should not lose sight of the ripple effects of the regime's presence in the region – whether they are political assassinations allegedly orchestrated by its proxies or a frustrating lack of accountability on the part of Arab politicians who are in Tehran’s pocket.
That the Biden administration has its sights firmly set on Tehran’s operations in the Middle East, including in Yemen, is encouraging. Despite announcing his withdrawal of support for the Saudi-led coalition forces in that country, Mr Biden has acknowledged that Saudi Arabia faces attacks from the Tehran-backed Houthis. He has vowed to continue supporting the Kingdom's right to defend its sovereignty.
The new administration has determined that the Iran crisis is a multi-faceted one and cannot be solved in one go. In other words, what we are likely to see over the next four years is more a marathon than a sprint.
Raghida Dergham is the founder and executive chairwoman of the Beirut Institute and a columnist for The National
GYAN’S ASIAN OUTPUT
2011-2015: Al Ain – 123 apps, 128 goals
2015-2017: Shanghai SIPG – 20 apps, 7 goals
2016-2017: Al Ahli (loan) – 25 apps, 11 goals
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
Essentials
The flights Etihad and Emirates fly direct from the UAE to Delhi from about Dh950 return including taxes. The hotels
Double rooms at Tijara Fort-Palace cost from 6,670 rupees (Dh377), including breakfast.
Doubles at Fort Bishangarh cost from 29,030 rupees (Dh1,641), including breakfast. Doubles at Narendra Bhawan cost from 15,360 rupees (Dh869). Doubles at Chanoud Garh cost from 19,840 rupees (Dh1,122), full board. Doubles at Fort Begu cost from 10,000 rupees (Dh565), including breakfast. The tours
Amar Grover travelled with Wild Frontiers. A tailor-made, nine-day itinerary via New Delhi, with one night in Tijara and two nights in each of the remaining properties, including car/driver, costs from £1,445 (Dh6,968) per person.
'Lost in Space'
Creators: Matt Sazama, Burk Sharpless, Irwin Allen
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
Our Time Has Come
Alyssa Ayres, Oxford University Press
More than 2.2 million Indian tourists arrived in UAE in 2023 More than 3.5 million Indians reside in UAE Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions