The United States has been engaging in “indirect but active” discussions to secure the release of U.S. detainees in Iran, State Department spokesman Ned Price said on Tuesday, adding that Continue Reading
About 90 percent of the work on the Iran nuclear deal has been done, but the 10 percent that remains might prove a tough nut to crack. That’s according to Continue Reading
The budget transfer relieves some financial pressure on Erbil, though regular payments going forward are hardly assured. KRG Prime Minister Masrour Barzani (right) receives Iraqi Prime Minister Mustafa al-Kadhimi (left) Continue Reading
Initial output will be 40,000 mt/year, to reach 200,000 mt/yr in 2026 Owners of projects talk to potential investors to hold stakes Project to be located in Khalifa Industrial Zone Continue Reading
The transformation of Saudi Arabia’s flagship asset, Aramco, from perpetual cash-generation machine into a debt-laden giant is set to pick up pace in the coming weeks with a series of Continue Reading
Saudi Aramco has dropped Morgan Stanley (MS.N) as an adviser for the sale of its gas pipelines and picked JPMorgan (JPM.N) and Goldman Sachs (GS.N) for the role, three sources Continue Reading
The Middle East is moving ahead with solar projects, seeking to pass on soaring polysilicon costs, even as some plans have been delayed due to the pandemic, the region’s solar Continue Reading
Iraq’s covid-19 infection rate has peaked for a third time, to a record high, putting dire pressure on an overloaded health care system. A special team of the al-Hashid al-Shabi, Continue Reading
On the last day of the month, armed protesters took to the streets of Tripoli. They were outraged by the power outages and the story of a child on life Continue Reading
Lebanon is struggling with severe electricity and water shortages after two of the country’s main power plants ran out fuel, the latest manifestation of a financial crisis that shows little Continue Reading
