Leading News Source For Middle East
The first cargo train coming from China arrived on Monday in Tehran marking the revival of the ‘Silk Road Economic Belt’ project spearheaded by Beijing with Iran expected to play a major role due to its geographic location. The train Read more
President Xi Jinping of China announced on Thursday multibillion dollar investment plans in the Middle East. Addressing the Arab League in Cairo, President Xi unveiled a multimillion dollar investment plan in the Middle East, including special loans worth $15billion to Read more
Egypt’s Energy Minister Mohamed Shaker told reporters that the contract for the construction of the Dabaa nuclear plant will be finalized next month with Russia; thereby ending the much awaited project that was announced since 2007 during President Mubarak’s era Read more
The $3.4billion anti-missile system deal that was awarded to China Precision Machinery Export-Import Corporation (CPMIEC) has been rescinded by Ankara after two years of negotiations. An official from the Prime Minister’s office said “the deal was cancelled” while other government 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
U.S Secretary of State has warned that the disapproval of the July 14 Nuclear agreement with Iran would lead to a crisis of the dollar in the long term and the questioning of the country’s “leadership and reliability.” Some members Read more
Optimism still dominates statements coming from Vienna but the announcement of a final deal continues to drag on. The one week extension that was fixed after the expiration of the June 30 deadline without a final agreement has been surpassed Read more
Negotiations between Iran and the so-called P5+1, which includes the US, UK, France, China and Russia plus Germany, will continue till 7 July after failing to reach an agreement before the expiration of the June 30 deadline. Hopes are high Read more
The ongoing nuclear talks in Vienna are likely to continue till July after Iran’s Foreign Minister Mohammed Javad Zarif left the city for Tehran for possible consultations over key issues that are believed to be hampering an agreement. He is Read more
China has raised the level of its concerns regarding the war in Yemen during a teleconference between its Ambassador to the war torn country Tian Qi and UN envoy Ismail Ould Cheikh Ahmed. The Asian country is known for its Read more