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Qatar’s sovereign wealth fund has acquired 10 per cent of Rolls-Royce’s low-carbon nuclear business that has lured 490 million pounds. The Gulf country in exchange will inject 85 million pounds ($112.12 million) in project, Zawya reports. “This investment is a Read more
Qatar Thursday said rivalry between its regional and powerful neighbor, Iran and its strongest western ally, the US, is putting the Gulf country in uncomfortable situation, offering to play mediator role if possible. “There is this dispute between the US Read more
The Iranian parliament Sunday impeached the country’s economic affairs and finance minister as U.S. renewed sanctions on the Islamic Republic take toll on the economy and national currency, Rial. The vote in the parliament removed Masoud Karbasian from office after Read more
Saudi Arabia Wednesday pledged to equally develop nuclear capability if its rival Iran goes ahead to get nuclear arsenal following US pullout of the 2015 nuclear agreement. The kingdom’s top diplomat Adel al-Jubeir speaking to CNN indicated that Riyadh will Read more
President Hassan Rouhani Wednesday laid into the US and President Donald Trump’s pressing demand for a new nuclear deal with Iran noting that the Islamic Republic has remained loyal to the three-year old pact. President Trump has warned to walk Read more
UAE Federal Authority for Nuclear Regulation (FANR) has pushed to next year operation of the first Arab world nuclear reactor due to lack of expertise from the staff recruited to run the power facility, Reuters reports. Two sources told Reuters Read more
Russian President signed Monday in Cairo with his host al-Sisi an agreement launching the construction of the multi-billion Dabaa nuclear station, sponsored by Moscow. President Vladimir Putin arrived In Cairo from Syria where he ordered partial pullout of Russian forces Read more
Saudi Arabia announced Monday it will start extraction of its own uranium to supply its nuclear program with construction of two nuclear plants to be awarded end of next year. The move is in line with the kingdom’s plans to Read more
Tehran has called upon the nuclear pact implementation watchdog to address the violation of the historic 2015 nuclear deal by the US after Washington imposed fresh sanctions on Iran despite compliance with terms of the agreement, Speaker of the Iranian Read more
US Secretary of State Rex Tillerson is expected to address the Congress on Iran’s compliance with the 2015 nuclear deal, at the time President Trump admitted that Tehran showed consistency in the compliance, though remaining the major threat to US Read more