Economy
 
Saudi riyal at lowest level since 2016 over Khashoggi case

Saudi riyal at lowest level since 2016 over Khashoggi case

The economic backlash for the Saudis over the disappearance of dissident journalist Jamal Khashoggi found new dimensions as the kingdom’s currency fell to its lowest level in two years in Monday's trading....

 
Turkey to ease foreign investors’ citizenship process

Turkey to ease foreign investors’ citizenship process

Turkey will open service offices to ease citizenship or long-term residence permit procedures for foreign investors, the Turkish Interior Ministry announced on Oct. 13.

 
JP Morgan, Ford Motor pull out of Saudi investor conference

JP Morgan, Ford Motor pull out of Saudi investor conference

JP Morgan Chase & Co chief executive Jamie Dimon and Ford chairman Bill Ford are the latest US firms that cancelled plans to attend a Saudi Arabian investor conference later this month following the disappearance ...

 
Floods, landslides in Indonesia leave 22 dead, 15 missing

Floods, landslides in Indonesia leave 22 dead, 15 missing

Torrential rains triggered flash floods and landslides on the Indonesian island of Sumatra, killing at least 22 people, mostly children at a school, and leaving 15 others missing, officials said on Oct....

 
New Istanbul airport to only open fully at end of year

New Istanbul airport to only open fully at end of year

Istanbul’s new airport will not open fully until the end of this year, a newspaper on Saturday cited the general manager as saying, two months later than an official opening scheduled for the end of this ...

 
Iran, Montenegro to set up joint investment fund

Iran, Montenegro to set up joint investment fund

Head of Securities and Exchange Organization (SEO) Shapour Mohammadi announced Sat. that Iran and Montenegro will set up a joint investment fund.

 
Iranian officials are about to reform banking system

Iranian officials are about to reform banking system

The Supreme Council of Economic Coordination convened in a session chaired by President Rouhani where members discussed and approved the authorities of the Central Bank of Iran for implementing the Banking ...

 
Iran partakes IMF-World Bank meeting

Iran partakes IMF-World Bank meeting

Acting Minister of Economic Affairs and Finance attended the annual meeting of International Monetary Fund and World Bank, which was held in Bali, Indonesia, on Saturday.

 
Tehran, Ljubljana ready to strengthen economic ties

Tehran, Ljubljana ready to strengthen economic ties

General Manager of the Chamber of Commerce and Industry of Slovenia, Sonja Šmuc, stressed her country, " is interested in closer relations with Iran."

 
Iranian, Russian universities ink MoU to boost coop.

Iranian, Russian universities ink MoU to boost coop.

Iran’s Shahid Beheshti University of Medical Sciences and the renowned Sechenov University of Moscow have signed a Memorandum of Understanding (MoU) to boost mutual scientific collaboration and academic ...

 
Iraq’s subterranean water reserves in decline: Official

Iraq’s subterranean water reserves in decline: Official

Iraq’s subterranean water reserves have fallen by four billion cubic meters since the beginning of the year, according to an Iraqi official.

 
Iran, India discuss ways to promote coop. on Chabahar Port

Iran, India discuss ways to promote coop. on Chabahar Port

Iran and India discussed areas of marine and ports cooperation and the possibility of expanding ties on the southern Iranian port of Chabahar in a meeting between senior marine and ports officials of ...

 
Tunisia’s trade deficit increasing to $5bn

Tunisia’s trade deficit increasing to $5bn

Tunisia’s trade deficit rose during the first nine months of this year to reach more than 14 billion Tunisian dinars ($5 billion), according to a report published by Tunisia’s State Statistics Institute ...

 
Gaza signs $2.5m solar energy project

Gaza signs $2.5m solar energy project

The Electricity Distribution Company in Gaza yesterday signed a deal to carry out the largest solar energy project in the coastal enclave worth $2.5 million funded by the International Bank, Safa news ...

 
‘Saudi Arabia tapping into, depleting national oil reserves in anti-Iran bid’

‘Saudi Arabia tapping into, depleting national oil reserves in anti-Iran bid’

Saudi Arabia does not have the capability to increase its regular oil output and is tapping into its national oil reserves in an alleged attempt to replace Iranian oil in the global market, a commentator ...

 
US officials oppose Iran SWIFT embargo

US officials oppose Iran SWIFT embargo

US officials in Treasury Department struggling to keep Iran in the SWIFT global network ahead of the new sanctions to be implemented against Tehran in November.

 

'Neither KSA, nor others can replace Iranian oil'

Iran's Minister of Petroleum Bijan Zangeneh dismisses the rhetoric by the Saudi crown prince about Riyadh's capability to replace sanctions-hit Iranian oil, saying that the global market will never believe ...

 
Riyadh says met US demand to replace Iran oil

Riyadh says met US demand to replace Iran oil

Saudi Arabia says it has met US demand for Iran’s crude oil most to US sanctions as Washington presses to reduce oil prices.

 
Turkey’s annual inflation hits 15-year high at 24.5 pct

Turkey’s annual inflation hits 15-year high at 24.5 pct

Turkey’s consumer price index increased 24.52 percent in September year-on-year, the Turkish Statistical Institute (TÜİK) revealed on Oct. 3.

 
Iran to seal oil deal with EU before US bans return

Iran to seal oil deal with EU before US bans return

Iran says it is working on an agreement to sell oil to Europe in face of returning US sanctions that ban purchases of oil from the country.

 
Saudi Crown Prince to talk Neutral Zone oil output during Kuwait trip

Saudi Crown Prince to talk Neutral Zone oil output during Kuwait trip

Saudi Arabia's Crown Prince Mohammad bin Salman is expected to discuss oil output resumption from the Neutral Zone, which the kingdom's shares with Kuwait, during a trip to the Gulf Arab state on Sunday,...

 
Morocco plans to issue Islamic bonds worth 106 million

Morocco plans to issue Islamic bonds worth 106 million

Morocco plans to issue $106 million worth of sovereign Islamic Sukuks (bonds) in October, which is a first.

 
Gaza farmers have dates, but have nowhere to sell them

Gaza farmers have dates, but have nowhere to sell them

Farmers in the besieged Gaza Strip have harvested 12,000 tonnes of dates from their palm trees however they are struggling to find buyers for their produce.

 
Indonesia to host int’l Halal lifestyle conference

Indonesia to host int’l Halal lifestyle conference

Indonesian capital of Jakarta is scheduled to host international conference on Halal Lifestyle in early October 2018 in line with promoting Halal industry for yet growing population of Muslims across ...

 
Russian oil companies to drop dollar in deals

Russian oil companies to drop dollar in deals

Russian major oil companies are approaching plans to stop using dollar in its trades making moves to substitute euro and other currencies in petroleum transactions.

 
UK’s May calls for respect from EU as pond plummets

UK’s May calls for respect from EU as pond plummets

UK Prime Minister Theresa May has demanded respect from the European Union amid the dramatic fall of pound and fears that it made a no deal outcome more likely.

 
Russia warns of Iran sanctions

Russia warns of Iran sanctions' fallouts

Russia has described emerging US sanctions against Iran as ‘unproductive’ with the country’s top energy official warning that there would be consequences for the world should Iran’s oil supplies to global ...

 
Putin proposes Abe mutual peace treaty signing without any precondition

Putin proposes Abe mutual peace treaty signing without any precondition

Russian President Vladimir Putin proposed Japanese Prime Minister Shinzo Abe a mutual peace treaty signing without any precondition.

 
ATR seeks other clients for Iranian aircraft: Company

ATR seeks other clients for Iranian aircraft: Company

The world’s largest commercial turboprop maker ATR is in talks with alternative buyers for seven remaining aircraft which it has to deliver to Iran under a $536 million deal, the company’s Italian shareholder ...

 
More Afghans displaced by drought than conflict, UN says

More Afghans displaced by drought than conflict, UN says

A total of 275,000 people have been displaced by drought in western Afghanistan - 52,000 more than the number uprooted by conflict this year - with over two million threatened by the effects of water ...

 
 
Article
From Compromise to Partnership: The Impact of the Trump Administration’s Policy towards Russia on Iran

There are serious doubts over the exact route of the US domestic and foreign policies under Donald Trump due to his controversial positions on various issues. In the meantime, one of the important issues that attracted the attention of observers and analysts even before the election of Trump and during ...

 
Report
News Media

Two billion people are living in poverty while 753 million others experience extreme poverty and are struggling to survive, according to the Global Humanitarian Assistance Report 2018.

Surviving Daesh, Iraq is grabbed by debt spiral

Already fragile and is largely dependent on oil revenues, Iraq’s economy has sustained a great damage after the rise of the Daesh terrorist group and simultaneous falling oil prices.

China to increase influence in Middle East: Experts

Political analysts interpreted China's pledge to send more than $23 billion in loans and humanitarian aid to Arab countries as a step to increase Chinese influence in the region.

Gas for peace or war in eastern Mediterranean?

Maritime boundaries and Exclusive Economic Zones (EEZ) in the eastern Mediterranean have become subjects of dispute since hydrocarbon resources began to be discovered in 2009, particularly between states embroiled in long-standing political problems in the region.

Pakistan losing lucrative export market in Afghanistan

The increasingly cold, stalled and often tense ties between Kabul and Islamabad have practically wiped out Pakistan’s traditional market share, allowing new players such as Turkey, China and India to replace it in landlocked Afghanistan, traders said.

 
 
October  2018
Sa Su Mo Tu We Th Fr
1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31