Saudi Arabia to increase oil drastically

Saudi Arabia announced a record budget deficit and cuts to fuel and utility subsidies as the oil powerhouse suffers from a drastic fall in...

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...

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...

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....

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...

Lebanon concludes trade agreement with Iran

The Economy and Trade Minister Alain Hakim said on Tuesday that lifting the economic sanctions on Iran made the country a magnet for investments...

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...

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...

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 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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