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...

Kuwait projects record deficit on falling oil income

OPEC member Kuwait projected a record budget deficit for the fiscal year starting April 1 on the sliding price of oil, the finance ministry...
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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...

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...
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Multinationals ready to jump into Iran market

With global growth moribund, multinational firms have been waiting with bated breath for the lifting of international sanctions against Iran for access to a...

Morocco A Future Energy Superpower?

Morocco is set to become a solar superpower with potential to export power to Europe. The World Bank stated in an article on its website...
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Syria begins fruit, vegetable exportation to Russia

Kommersant have reported that Syria has begun exporting fruit and vegetables to Russia. This comes as a Russian imposed ban on exporting Turkish foods...

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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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....

US State Department Approves The Sale of 22,000 Bombs To Saudi...

The US State Department have approved a deal worth $1.3 billion. This equates to 22,000 smart bombs that are to be used in the...
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