Iran faces accusations of various MENA states at the UN

Iran has responded to claims made by eleven Middle Eastern and North African States, about Tehran’s interference in their domestic affairs in a bid to destabilize them, in a message delivered by its Ambassador and Permanent Representative to the UN Read more

Kuwait: IMF calls for more critical reforms

The International Monetary Fund (IMF) has warned that “further subsidy reform is critical” in Kuwait because the country’s “fiscal and external accounts have deteriorated markedly.” The implementation of austerity reforms by the government generated displeasure and the demand for more Read more

Iran and China sign military agreement, collective military movement envisioned

Iran and China signed a military agreement that would help to “create a collective movement” against terrorism and serve as an “upgrade in long-term military and defense cooperation” between them and in their joint military exercises. Signed by defense ministers Read more

Arab states lose more than $600 billion in 4 years due to Arab Spring

A self immolation in Tunisia in December 2010 which gave birth to protest against the Ben Ali regime and eventually led to its downfall before crossing borders into other countries in North Africa and the Middle East has immensely contributed Read more

KSA: Let’s form one bloc to be a global economic powerhouse, Riyadh tells GCC

At the opening ceremony of the Gulf Cooperation Council’s (GCC) Economic and Development Affairs Authority in Riyadh, Saudi’s Deputy Crown Prince Mohammed bin Salman bin Abdulaziz said that “in the era of blocs” which presents opportunities, they can become the Read more

Iran Signs Multibillion Dollar Deal with Total

The National Iranian Oil Co. (NIOC) reached a preliminary agreement worth $4.8 billion with Total, a French energy company, for the development of the South Pars offshore gas field; one of the largest in the world. Total’s Chairman and CEO Read more