Global stocks fell as investors grappled with the potential economic fallout from mounting coronavirus infections in South Korea and other countries outside China. In South Korea, which reported its seventh Continue Reading
Finance chiefs of the world’s top 20 economies vowed to monitor the impact of the coronavirus outbreak on global growth and act if needed, as they said loose monetary policy Continue Reading
Iran on Sunday announced a 42% turnout in its parliamentary election, the lowest rate since the 1979 Islamic revolution, while its top leader said Tehran’s enemies played up the new Continue Reading
The Persian Gulf is, without doubt, the most prominent oil and gas production area in the world. After decades of intensive exploration and production, the region still amaze persistent explorers. Continue Reading
In mid January, a week after Bashir Murad was named as a deputy director general of the North Oil Company (NOC) with administrative authority to act as de facto director Continue Reading
Iraq’s parliament is expected to convene on Wednesday to vote on granting confidence to the new cabinet of Prime Minister-designate Mohammad Allawi, first deputy speaker Hasan al-Kaabi said, the state-run Continue Reading
Aramco plans to develop Jafurah, Saudi Arabia’s largest unconventional and non-associated gas field that contains an estimated 200 trillion cubic feet of raw gas and whose production can be used Continue Reading
Early results show Iran’s hardliners are on track for a sweeping victory in the parliamentary election after many voters stayed away due to the absence of prominent reformist candidates and Continue Reading
As a fifth death is announced, South Korea’s president authorizes bold measures. President Moon Jae-in on Sunday put South Korea on the highest possible alert in its fight against the Continue Reading
At an emergency meeting in Beijing held last Friday, Chinese leader Xi Jinping spoke about the need to contain the coronavirus and set up a system to prevent similar epidemics Continue Reading
