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....

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...
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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...

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...
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Iran announces possibility to increase gas export

Director of Gas Transmission Operation (District 8) has announced the possibility to increase gas export or swap with Caucasus countries like Armenia and Azerbaijan. Yadollah...

Iran to Buy 114 Airbus Planes within Days

Iran will sign a contract this week to buy 114 Airbus planes from France, during a visit to Paris by Iranian President Sheikh Hassan...
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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...

Bank of America Settles to the Tune of $17 billion over...

America’s second largest lender has reached a $16.65 billion settlement with US federal authorities over selling bad mortgages, the Justice Department said Thursday. The bank...
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