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The Ottoman state has embarked on a series of agreements concerning energy with different countries since last year to enhance its continuous supply. One of the latest agreements that it has concluded is a deal of 2.5 to 3 billion Read more
Hardly had the negotiators deposited their bags in their respective offices did Israel consider the negotiations between Iran, the five (5) permanent members of the UN Security Council and Germany as given the former a “freebie”. The prime minister of Read more
Another round of talks got underway in Turkey between Iran, the five (5) permanent countries at the UN Security Council and Germany. The subject remained unchanged after their last meeting in 2011; Iran’s nuclear enrichment program. Iran stands firm that Read more
The United Arab Emirates has denounced the recent visit made by Iranian President Mahmoud Ahmadinejad to the Island of Abu Musa, terming this “first visit” as a “provocative act” and “flagrant violation of the Emirati sovereignty”. The UAE has recalled Read more
The crude & gas reserves of the Arab Gulf countries are estimated $65 trillion, or one third of the overall world hydrocarbon reserves, says QNB Capital in its latest analysis. The GCC oil & gas reserves represent 93 pc of Read more
Saudi Arabia has named its first ambassador to Iraq in more than two decades, a diplomatic move destined to mend a tumultuous and strained relationship since Saddam Hussein invaded neighboring Kuwait. “For the first time since 1990, the Saudis have Read more
The United Arab Emirates navy has received its fourth corvette made by the Abu Dhabi Ship Building under an ambitious program destined to boost the capacities of the UAE navy forces. Dubbed “Mezyad”, this multipurpose missile vessel, part of the Read more
Bahrain’s foreign minister has affirmed that his country’s will not take part in the upcoming Arab summit scheduled for March 29 in Baghdad. “How can a summit be held in such international circumstances or how can you accept to attend Read more
Saudi Arabia oil minister has affirmed that his country has the capacity to fill any loss of crude oil production that may occur from the new international sanctions banning all oil imports from Iran for its persistence to continue its Read more
Satellite operator Arabsat has accused Iran of deliberately jamming broadcasts of Al Jazeera news channel because of its coverage of the Syrian regime crackdown on pro-democracy protestors. In a statement released, the Qatar-based channel has launched a new frequency on Read more