Middle East

India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tensions.

Chinese companies won five more bids to explore and develop oil and gas fields in Iraq...

Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of doll..

Red Sea container shipping is experiencing increased disruption, according to Maersk, which predicts that capacity between Asia and Europe would be reduced by up to 20% in the second quarter...

Israel is "unaware" of any US decision to halt a supply of ammunition ...

The European Union has recently unveiled a substantial aid package of ...

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Russia says there's proposal from OPEC on production cuts and it's open to have a word on oil production cuts. Russia is a non-OPEC oil producing nation. Russian oil minister said that the proposal en

Gold soared to three-month high early this week as investors switched over to safe have following the concerns about the global economy. The US Federal Reserve indicated a challenging global economy a

Oracle has disclosed its expansion program in the Middle East for 2016 which involves setting up a data center and new offices in Abu Dhabi and internet cities in Amman and Riyadh. It also plans to in

Aramco is the largest known oil producer in the world with a daily production of 10.25 MMbpd. KSA authority has increased feedstock prices to narrow down its budgetary deficits and also increases dail

Feeling the heat of competition in the global payments industry, American Express (AmEx) is in the process of reducing costs by $1billion by end of 2017. AmEx posted losses for the fourth quarter cons

The new regulation is being established initiated by the San Bernardino shooting in California that killed 14 people and left 22 wounded. It has drawn many concern and dismay among European citizens,

Saudi Arabia has ruled out allegations that Iran has been targeted in the oil price war. Saudi Arabian foreign minister said that it's demand-supply situation that determines price in the global oil m

The Indian currency Rupee against the US dollar rose to highest since November 2015 on increasing outflows from Indian stocks and bonds. The Chinese markets were witnessing selloff and this also resul

Saudi Arabia and other Gulf nations are buying thousands of acres in the US. Recently, Fondomonte California has purchased 1,790 acres of farmland in California. Almarai bought 10,000 acres of farmlan

Saudi Arabia oil minister Ali al-Naimi said that stability in the oil market will be attained only through the cooperation amid major manufacturers and this would take time. Ali al-Naimi added that al

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Middle East

India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar

Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

Despite Biden Administration Pause, Billions of Dollars Worth of US Weaponry Still Due to Go to Israel

Maersk Shipping Disruption Amid Houthi Attacks in Red Sea Could Force More Delays

Biden Administration Halts US Ammunition Shipment to Israel; Tel Aviv ‘Unaware’ of Washington’s Decision

EU Vows $1 Billion Aid for Lebanon Amid Spiralling Economic Crisis

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