Iran and India to Build $4.5 Billion Pipeline

A $4.5 billion pipeline that will carry 31.5 million standard cubic meters of gas per day between Iran and India has been proposed. Tehran and...

Syria and China to Boost Health Cooperation

Syrian Health Minister, Nizar Yazigi, discussed with China's Ambassador to Syria, Wang Kejian, on how to boost the Syrian health industry. Kejian emphasised China is...

Standard and Poor’s cuts Saudi Arabia rating by two notches to...

Standard and Poor's cut Saudi Arabia's credit rating by two notches on Wednesday, saying low oil prices would have a considerable impact on the...

$3 Billion Saudi Loan to Egypt

Saudi Arabia agreed to provide Egypt with more than $3 billion in loans and grants to help its dollar-starved economy. The kingdom will loan $1.5...

Low oil prices put strains on Gulf currency pegs

Weak oil prices pose a threat to Gulf Arab states' currency pegs against the dollar, but the energy-rich region is unlikely to abandon the...

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...

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....

Gulf Shares in Free Fall after Oil Rout, Iran Deal Implementation

Share prices in the energy-rich Gulf states nosedived Sunday following the sharp decline in oil prices as Iran prepares to resume crude exports after...

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...

Russia To Build Egyptian Nuclear Plant

Moscow and Cairo have signed an agreement for Russia to build four third generation reactors in the northern city of Dabaa. It is expected...
Advertisements