Middle East

Update: Iranian President Ebrahim Raisi Confirmed Dead After Heavy Landing During Helicopter Crash With Other Officials

President Ebrahim Raisi and Foreign Minister have lost their lives in a devastating helicopter crash.

India Secures 10-Year Chabahar Port Deal With Iran, Bypassing Rival Pakistan's Gwadar

India secured a 10-year Chabahar Port deal with Iran, bypassing Pakistan's Gwadar. The investment totals $370 million. The move strengthens regional ties and enhances trade routes amid escalating tens..

Chinese Companies Dominate Licensing Bids to Explore Iraq Oil and Gas Fields as US Snubs Energy Bidding Round

Chinese companies won five more bids to explore and develop oil and gas fields in Iraq...

Despite Biden Administration Pause, Billions of Dollars Worth of US Weaponry Still Due to Go to Israel

Despite the Biden administration's pause on one bomb shipment and review of others due to concerns over potential civilian casualties, Israel is still set to receive US weaponry worth billions of doll..

Latest News

Boeing 777 propels Emirates Airlines' growth
The long-haul aircraft requirement of Dubai for positioning itself as a major global hub in the Middle East (ME) Region has been mostly fulfilled by Boeing. Dubai-based Emirates Airlines is banking on
StoreDot could fully charge your phone in just a minute
StoreDot, a startup nanotechnology company in Israel, had come up with a battery charger that could fully charge drained phone batteries in a minute. Doron Myersdorf, the co-founder and CEO of StoreDo
Kuwait's Zain telecom giant dials in margin push investment
Kuwait telecom major Zain has decided to invest in technology firms that boost the weakening margins following the sluggish subscriber numbers and drop in revenues. As part of its investment strategy
Iran's huge potential now open for global investments as crisis-hit nation comes out of sanctions
With sanction being waived off, Iran's underdeveloped oil and gas sector is now open to global investors. Six global powers- the US, the UK, Germany, Russia, France, and China- have agreed on a deal t
Iran plans to buy 90 jets per year: old fleet to be renovated
Media reports on Sunday reveal Iran's plans to buy up to 300 units of Boeing and Airbus planes to replace its antiquated fleet by purchasing at least 90 planes annually. An official of Iran's civil av
Teva to buy Allergan generic drug business for $40.5 billion, drops Mylan bid
Teva Pharmaceutical Industries has agreed to buy Allergan Plc's generic drugs business for $40.5 billion in a cash and stock deal that will turn the Israeli company into one of the world's largest pha
Google's Waze to start carpooling pilot program in Israel
Google-owned online mapping company Waze is launching a carpooling pilot program in Israel where commuters pay fellow drivers a small fee for a ride to and from work.
$1 coffee chain taps into Israeli anger over high cost of living
With a $1 cup of coffee, Avi Katz is starting to do something Israelis have been demanding for years and politicians have failed to achieve -- lower the cost of living.
Uncertain future for global diamond trade as profits vanish
The family businesses that make up the global diamond trade have seen their profits wiped out over the past five years, hit by shaky financing, increased costs and uncertain demand from customers who
Iran hopes to begin Russia oil-for-goods exports this week: Fars
Russia will begin importing Iranian oil under a long-heralded oil-for-goods barter arrangement in the coming week, Iran's oil minister was quoted as saying, more than a year after negotiations began.
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