Leading News Source For Middle East
Morocco made a big stride on Thursday in the fulfilment of its ambitious renewable energy plans with the launch of the first plant of the mega solar energy complex in Ouarzazate that will make of Morocco a solar superpower. The Read more
With almost two months before Kuwait’s fiscal year ends, Finance Minister Anas Al Saleh told reporters on the sidelines of an oil conference that the estimation of oil prices will be reduced by almost 50% in the 2016-2017 national budget. Read more
After the International Atomic Energy Agency (IAEA) stated that “Iran has carried out all measures” in accordance with the July 14 nuclear agreement paving the way for Implementation Day, sanctions imposed on Iran were lifted on Saturday and President Rouhani Read more
Iran manifested its commitment to respecting the nuclear agreement that it signed with the so-called P5+1 on July 14 by shipping more than 11,300 kilograms of low enriched-uranium to Russia in exchange for some natural uranium. Moscow confirmed the shipping Read more
Morocco, which will host the next UN conference on climate changes (COP22), is giving more visibility to foreign investors regarding the North African country’s ambitious plans set out in renewable energies to reduce emissions of greenhouse gases et boost green Read more
Iran is developing what many believe is part of the policies to have an “economy of resistance” called for by the Supreme leader Ayatollah Ali Khamenei in his letter to President Rouhani in October approving the Joint Comprehensive Plan of Read more
Member countries of the Organization of Petroleum Exporting Countries (OPEC) are meeting this Friday in Vienna to discuss the organization’s policies especially the low hydrocarbon prices but a change is not expected as they continue to disagree over the approach Read more
The International Atomic Energy Agency (IAEA) has pointed out that Iran abandoned its coordinated nuclear device development activities in 2003 but some seemingly uncoordinated activities continued until 2009 while the suspicious Parchin military site continues to be a controversial issue. Read more
Egypt and Russia signed on Thursday two agreements on the financing and construction of a nuclear plant that is part of “a peaceful nuclear program for the production of electricity,” as Egyptian officials point out. The construction of the plant, Read more
Egypt will be receiving crude oil and natural gas surpluses from Iraq according to its petroleum minister Tarek El Molla after a Memorandum of Understanding was signed on Sunday between Egypt, Iraq and Jordan. The supply would be channeled through Read more