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President Assad on Wednesday signaled that he is willing to form a unity government with opposition and independent figures but the High Negotiations Committee (HNC,) a coalition of Syrian opposition parties, quickly rejected the proposal. In an interview with Russian Read more
Bahrain’s oil and gas investment and business development company Nogaholding signed a five year $750 million multi-bank Islamic loan to finance the expansion and development of some projects including the construction of a liquefied natural gas import terminal. The loan Read more
Britain, France, Germany and the United States denounced the missile tests conducted by Tehran as challenging the UN resolution 2231 because they can result in nuclear weapons. This came in a joint letter they addressed to the UN Secretary General Read more
Kuwait and Saudi Arabia have reached an accord to begin production at the jointly operated Al-Khafji oil field where production was halted in October 2014 but differences still remain over the Wafra oil field. The announcement was made by Kuwaiti Read more
British defense secretary Michael Fallon and US Embassy’s Chargé d’Affaires Ryna Gilha in Qatar have both hailed the Gulf State as a key partner and ally in the Middle East for their respective countries. The two officials who were attending Read more
The Saudi-led military coalition and the Houthi Movement swapped prisoners on Monday ahead of the scheduled ceasefire on April 10 and the peace talks to commence eight days later in Kuwait. It is the second prisoner exchange of the month Read more
Hopes to begin production at the Leviathan gas field were shattered after the Supreme Court ruled 4-1 against the stability clause that was part of the agreement reached between the government and two companies namely Texas-based Noble Energy and the Read more
Muqtada al-Sadr, an Iraqi influential Shia cleric, who had initiated a protest at the gates of the Green Zone in Baghdad to request a cabinet reshuffle and the establishment of a government of technocrats met with Iraqi Prime Minister Haider Read more
A day after Iranian president Hassan Rouhani said in Pakistan that “the existing difference in opinions” between Tehran and Riyadh “must be solved through dialogue”, Saudi foreign minister Adel al-Jubeir said renewing ties will require that Tehran changes its “behavior.” Read more
Syrian forces have claimed that after several weeks of battle, they have taken control of the desert city of Palmyra that they lost to the Islamic State in May 2015. A military source told AFP that after heavy night fighting Read more