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As Russia and the United States continue to disagree at the United Nations on the terms of extending the ceasefire, President Assad announced that the seven-day ceasefire, began on September 12, has ended and launched a new offensive on the Read more
President Hadi in a presidential decree on Sunday sacked the board of the country’s central bank and appointed former finance minister Monasser Al-Quaiti as the new central bank governor. He also moved the bank headquarters from Sana’a to Aden; a Read more
Saudi Arabia has, through its Ambassador to the UN Abdallah al-Mouallimi, addressed a letter to the UN Security Council complaining about Iran’s action in the Yemeni war. Riyadh accuses Tehran of supplying the Houthi Movement and its allies with weapons Read more
Following Iran’s Supreme leader Ayatollah Ali Khamenei’s damaging remarks against Saudi Arabia and calls for reviewing the management of the annual Hajj, Riyadh, through its Foreign Affairs Minister, responded by stating that Tehran is “politicizing” the fifth pillar of Islam Read more
Spokesman for the Iraqi Foreign Ministry Ahmad Jamal said Baghdad has requested Saudi Arabia to replace its Ambassador to Baghdad, Thamer al-Sabhan, for he has breached “the limits of diplomatic representation.” The spokesman reiterated however the government’s desire to continue Read more
US Secretary of State John Kerry said an agreement for the way forward in Yemen has been reached with Gulf Arab States and the UN in Saudi Arabia. He said it is “a renewed approach to negotiations with both security Read more
As speculations increase that oil producers could reach an agreement on freezing their output levels at next month’s International Economic Forum (IEF) in Algiers, former OPEC chief and Algerian energy minister Chakib Khelil said “all the conditions are set for Read more
Major oil producers could be on the verge of reaching an agreement to stabilize the oil market and boost prices. Russian energy minister Alexander Novak said there are consultations between Riyadh and Moscow and they are “ready to achieve the Read more
Saudi Arabia’s Energy Minister Khalid al-Falih has hinted that an agreement “to stabilize the market” could be reached at next month’s International Energy Forum. The ministerial meeting to be held on the sidelines of the Forum presents “an opportunity for Read more
Omani oil and gas minister Mohammad bin Hamd al-Rumhy said the government would not be participating in the International Energy Forum scheduled at the end of next month in Algeria because they are “disappointed by the (OPEC) group’s failure to Read more