Doha, Riyadh in tight race to host 2030 Asian Games

Qatar and Saudi Arabia have found themselves in another confrontation as capitals of both rivals are have been selected as sole bidders for 2030 Asian Games, The New Arab reports. Olympic Council of Asia (OCA) Thursday confirmed Doha and Riyadh Read more

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