Recent

Iran and Indonesia have reached a final agreement on building the small hydroelectric power plants in the archipelago. (Shutterstock)
May 25, 2015 - 09:54 GMT
Iran and Indonesia have reached a final agreement on building the small hydroelectric power plants in the archipelago.
Egyptian President Mohammed Morsi with his ministers following the swearing in ceremony of the new Egyptian cabinet at the presidential palace in Cairo. (AFP/File)
May 25, 2015 - 09:26 GMT
The cost of shoring up public finances will be pushed onto people less able to afford it, the IMF said Sunday.
Remittances to East Asia and the Pacific will increase by only 2.8 percent in 2015. (Shutterstock)
May 25, 2015 - 09:21 GMT
Moderate slowdown in remittances from overseas workers in the UAE to East Asia will hit the poor the hardest, according to the World Bank.
Market share is a highly sensitive issue due to a change in the global energy map. (Shutterstock)
May 25, 2015 - 08:19 GMT
OPEC likely to resist price cuts and output, as US increases production and summer domestic needs absorb supply.
The forum seeks a common approach to energy regulation. (Pixabay)
May 25, 2015 - 06:14 GMT
The World Forum on Energy Regulation will address sustainable energy supply, innovation and regulation over four days in Istanbul.
Four Qataris received life sentences and a fifth person sentenced to 10 years in prison one week ago. (Shutterstock)
May 25, 2015 - 06:01 GMT
Five Qataris who received heavy prison sentences by the UAE Supreme Court for 'spreading false news' and 'insulting' the royal family on Twitter have been released.
A $100 billion city to be built from scratch in Saudi Arabia will be completed by 2035 to serve as a commercial hub for countries on the Red Sea.
May 24, 2015 - 16:00 GMT
A $100 billion city to be built from scratch in Saudi Arabia will be completed by 2035 to serve as a commercial hub for countries on the Red Sea.
Tap Tapan Mineral Spring in Azarshahr, Iran. (Wikimedia Commons/Jacopo188)
May 24, 2015 - 15:00 GMT
An Iranian official said the country's mineral reserves have been estimated at 50 billion tonnes.
The general manager of cellular operator touch submitted his resignation Friday. (AFP/File)
May 24, 2015 - 11:00 GMT
The general manager of cellular operator touch submitted his resignation Friday.
The country's main index EGX30 jumped 8.25 percent this week after the government put a hold on a new tax on capital gains. (Shutterstock)
May 24, 2015 - 10:35 GMT
The country's main index EGX30 jumped 8.25 percent this week after the government put a hold on a new tax on capital gains.
Nearly a year after the 50-day Gaza war, the World Bank called for urgent reforms to avoid a
May 24, 2015 - 10:23 GMT
Nearly a year after the 50-day Gaza war, the World Bank called for urgent reforms to avoid a "dangerous fiscal crisis" in Gaza.