Kuwait: State-owned Kufpec applies for $1.1-bn international loan for operation expansion

Kuwait Foreign Petroleum Exploration Company (Kufpec) Tuesday announced it reached agreement with five international banks for $1.1-billion loan earmarked for the expansion of oil and gas operations. According the company’s CEO Sheikh Nawaf al-Sabah, with the financial support, the Kupec Read more

Iran: Japan’s Abe cancels historical trip over US increasing pressure

Japan’s Prime Minister Shinzo Abe has cancelled a trip to Teheran because of mounting pressure from US President Donald Trump on allies around the world.   Official sources, on condition of anonymity, told Japan Times  that Abe’s scheduled meeting with Read more

Tokyo still backs nuclear deal despite Netanyahu’s demand to leave it orphan

Japanese Prime Minister Shinzo Abe Wednesday told his host Benjamin Netanyahu that his country still believes in the nuclear deal between Iran and world powers despite Israel’s demand to see Japan walking away from it. Local Israel media Haaretz notes Read more