Saudi Basic Industries Corp (SABIC), the world’s fourth-biggest petrochemicals company, reported an 18.6% drop in fourth-quarter net profit, missing analysts’ forecasts, as sales dropped and its steel business was hit ...

Three Iranian cinematic productions were among the winners of the International Peace and Film Festival in Orlando, Florida, which together won five awards. A total of 126 films from 45 ...

A group of women in Iran’s Chaharmahal-Bakhtiari Province have built a 5-kilometre road to a remote village by doing tough jobs like operating cranes, graders, trucks, and tractors. There are ...

Tehran Stock Exchange’s main index gained 297.48 points or 0.3% to end Wednesday trade at 99,522.2. About 1.27 billion shares valued at $77.87 million changed hands at TSE for the ...

US and European oil majors are filing in with offers to help Qatar develop new gas projects, the country’s energy minister said, despite a protracted crisis in the Persian Gulf ...

Oil prices slipped on Wednesday, under pressure from a rise in US crude and gasoline inventories although crude remained near three-year highs. Brent futures eased 24 cents to $69.72 a ...

The announcement came after the historic visit of Saudi Arabia’s King Salman to Moscow last year, when Riyadh signed preliminary agreements to buy S-400 air defence systems. Qatar is finalising ...

Construction of every 1,000 kilometers of 56-inch natural gas pipeline costs over $3 billion, an Iranian gas official said. Managing Director of Engineering and Development of Gas of Iran Hossein ...

madaresharghi Kazakhstan Foreign Minister Gheirat Abdelrahamanov said on Friday that Syrian Peace Talks in Astana serve as a full-scale and unique foundation for all interested parties to establish stability in ...

madaresharghi European Union lawmakers and member states on Thursday agreed climate targets for 2030 in a move to meet the bloc’s obligations under the Paris Agreement, which seeks to avoid ...