Libya’s biggest oilfield has reduced crude production by more than 30% in recent days and the Zueitina export terminal ceased loadings over the weekend, throwing the OPEC country’s output back ...

Northern Syria Federation officially announced the establishment of three federal regions of Jezire, Firat and Efrin in the Kurdish controlled federation. According to Hawar News, the council of the federation ...

Tehran Stock Exchange (TSE)’s main index (TEDPIX) slid two points to end Monday’s trade at 81,659, Tasnim news agency reported. As reported, 468 million shares worth 1.15 trillion rials (about ...

A temporary agreement on establishing a free trade zone between the Eurasian Economic Union (EEU) and Iran may be signed in 2017, said the chairman of the Eurasian Economic Commission ...

Turkish President Recep Tayyip Erdogan this week launched a fresh barrage of criticism and warnings at banks, charging that they are making unfairly large profits during a time of economic ...

Kuwait has been criticized for its cover-up of an oil spill in the Persian Gulf waters as an environmental campaigning group says authorities did not issue proper warning about the ...

The founder of fuzzy logic and University of Tehran graduate Lotfali Askarzadeh passed away at the age of 96. The mathematician and artificial intelligence (AI) scientist passed away on Saturday ...

Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia has said that the deal with Total breaks the ice of foreign investment in Iran’s economy. In early July, ...

Saudi elite forces are in the process of razing the historic quarter of a largely Shia town in the country’s eastern province after months of clashes with gunmen in the ...

A commander of the Iraqi forces of Hashid Shaabi stated that the forces would not participate in the upcoming operation to liberate the Iraqi northern city of Tel Afar due ...