Iran Boycotts 227 American Products

With the lifting of sanctions in Iran looking, Tehran has labeled 227 products from the United States to be boycotted. Ayatollah Khamemeneio wrote to President...

$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...
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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...

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...
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Jordan-Israel Red Sea to Dead Sea Canal

A canal connecting the Red Sea to the Dead Sea will rehabilitate the shrinking Dead Sea and supply drinking water to the people of...

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...
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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...

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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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...

Qatar’s new port makes progress

The new $7.4 billion Hamad Port in Qatar received its first ship in July, but only yesterday announced that it will begin accepting commercial...
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