Category: News

Iran warns against US naval presence in Gulf, acquires new combat vessels
- By Alaina
- . May 29, 2020
The Revolutionary Guards of Iran yesterday warned against US naval presence in the Gulf. The warning was issued after the Islamic Republic country received 100-odd new combat vessels…..

Italy sold its education system to Qatar
- By Alaina
- . May 28, 2020
About 600 thousand euros, exactly 196.165 euros per year for three years, is the sum that the Qatar government will pay to Italy according to a cooperation agreement….

Amidst COVID19 chaos, ISIS tries to make a comeback
- By Alaina
- . May 27, 2020
This week, Iraq’s state news agency reported that counter-terrorism forces have killed ISIS’ ‘Governor of Iraq’ Moataz Numan Al-Jubori during an airstrike in Syria….

Libya at the center of a new dispute between Russia and the United States
- By Raven Ruma
- . May 27, 2020
The U.S. AFRICA COMMAND PUBLIC AFFAIRS released a statement, on Tuesday, assessing that Moscow recently deployed military fighter aircraft to Libya…
Virtual currency boosts business in Middle East, paces up the economy
- By Sulaiman
- . May 27, 2020
Rain, the first licensed cryptocurrency exchange in Middle East that was launched in 2017 holds the market of digital currency…..

Decommissioning Works Takes Priority In Oil Exploration In Lockdown Times
- By Alaina
- . May 26, 2020
Despite the energy companies slashing their exploration and production budgets, decommissioning work seems to be on top priority….
Iraqi economy risks the collapse, Allawi seeks Gulf funds to stave off liquidity crisis
- By Alaina
- . May 26, 2020
Iraq’s new finance minister was in Saudi Arabia on Saturday looking for emergency funds to stave off an impending financial crisis brought on by falling oil prices…

European gas prices likely to turn negative
- By Raven Ruma
- . May 23, 2020
Abundant supply, low demand and full storage capacity is what marred the US oil market, pulling crude prices to negative territory, almost a month ago….

A clear Russian warning to Turkish interference in Libya
- By Alaina
- . May 23, 2020
Fathi Pashagha, the Minister of Interior of the Tripoli-based Government of National Accord (GNA), has been the first to indicate that eight Russian fighters…..

Corona Pandemic: UN officials warn of alarming situation in Yemen
- By Alaina
- . May 23, 2020
While most of the Gulf countries are reeling under the COVID-pandemic, one country which is worst affected by the disease is war-torn Yemen…