Greece’s oil debt with Iran resolved

The deputy oil minister of Iran has announced that the signing of a Memorandum of Understanding (MoU) has created a framework to settle Greece's...

Syria and Cuba sign health cooperation

Syria and Cuba signed on Thursday a framework agreement on cooperation between the Syrian Health Ministry on the one hand and the Cuban External Trade...

Iran’s Central Bank to get $32 bn of frozen assets after...

Iran will receive $32 billion of frozen assets after sanctions were lifted in a deal with world powers over its nuclear program, Iranian central...

Israel and Egypt To Make $10 Billion Gas Deal

Levithian's four partners compising of Houston-based Noble Energy, and Israel's Delek, Avner and Ratio, have reached a preliminary deal to export gas to Egypt....

Syrian government revives dozens of underground gas wells

The recent discovery of natural gas reserves in the Homs Desert has paved the way for the Syrian government to revive dozens of unused gas wells as...

China To Invest $10 Billion In Egypt?

Hossam Qaweesh, spokesperson for the Egyptian Cabinet, has said that at the Forum on China-Africa Cooperation in Johannesburg that Egypt has introduced 15 projects...

Oil up 3 percent on outages, equities rally; big week for...

Oil rallied 3 percent on Friday, with U.S. crude futures headed for its largest weekly gain in seven years, after supply disruptions in Iraq...

Aviation Industry Eying Potential Iceland Volcano

The aviation industry has been warned about the possibility of flight disruptions caused by activity at Iceland's largest volcano system. Intense seismic tremors have...

Arab nations eye China, domestic market to revive tourism

Arab nations are looking to Chinese visitors to revive their tourism sectors, battered by security fears, and also need to develop homegrown tourism as...

Iran signals tough stance in oil producers’ talks

Iran signaled on Wednesday it would take a tough line in talks among oil producers on restraining production, saying it would continue increasing its...
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