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Saudi oil Minister Ali al-Naimi said that the current low oil and gas prices will be settled through increased demand in Asia. He said urbanization, population expansion, increasing prosperity and social mobility will lead to oil demand growth which will Read more
President Sisi of Egypt met Palestinian leader Mahmoud Abbas in Cairo to discuss the situation in Palestinian territories and Egypt’s actions along the border which has restricted crossing and smugglings to Gaza. After their meeting, a statement read by Sisi’s Read more
Sweden will shortly reopen its diplomatic mission in Tunis and accompany Tunisia in building its democratic process and stability, the Swedish Premier said on Thursday at a press conference with Tunisian Head of state, Caid Essebssi, in Stockholm. “Sweden’s embassy Read more
In his first speech after his party’s victory in the November 1 parliamentary elections, President Erdogan stated that they will push forward the revision of the constitution to change the presidential status from a ceremonial post to that of the Read more
Tunisia’s ruling party Nidaa Tounes is on the brink of a split following inside-fighting between factions even though rival factions Tuesday indicated that they remain together in the single bloc. Two different groups respectively led by the Secretary of the Read more
China has asked for an upgrade of its military ties with Iran to add up to the two countries’ strong bilateral cooperation in trade, energy and economic sectors. Visiting Iran’s Air Force Commander, Brigadier General Hassan Shahsafi, and his Chinese Read more
The parliamentary election organized after political parties failed to agree on a coalition government has swayed in favor of the ruling AK party allowing it to rule as a single party. With almost all the votes counted, the party won Read more
Standard and Poor’s (S&P) rating agency decided to downgrade Saudi Arabia’s long term foreign and local currency sovereign credit ratings from AA- to A+ on Friday citing the effects of the low oil prices but authorities in Riyadh are not Read more
Qatari Foreign minister Khalid al-Attiyah retracted his previous statement that Qatar would send troops to Syria if necessary stressing that it “is out of the question to have our soldiers on the grounds.” The minister who had not ruled out Read more
The fight against terrorism in Egypt especially in the Sinai Peninsula continues to be challenging as the government extends the decreed state of emergency for another three months in certain parts of Northern Sinai. The state of emergency has previously Read more