Middle East

Delta Air Lines Strikes Deal With Riyadh Air to Operate Flights Between US and Saudi Arabia

Delta Air Lines and startup Riyadh Air have entered into a partnership to connect the US and Saudi Arabia with regularly operated flights.


Iraqi Militias Attack KFC, US Businesses in Protest of Gaza War

Iraqi militias are targeting US businesses such as KFC in protest to the Gaza war...

Two Texan Men Get More Than 3 Years in Prison for Conspiracy to Sell Iranian Oil to China

Two Texas men were sentenced to 45 months in prison for trying to sell Iranian oil to a refinery in China in violation of US sanctions...

Israel Lifts Gaza Food Sales Ban as Government Faces Condemnation Over Rafah Airstrikes: Report

Israel has recently lifted its ban on food sales to Gaza from the country and the occupied West Bank...


Latest News

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.
Middle East funds negative on Saudi after oil slides: Reuters survey
Middle East fund managers have on balance become bearish on the region's biggest stock market, Saudi Arabia, after oil's rally ran out of steam and the kingdom confirmed strict rules on foreign invest
Iraqi bank to open five more branches in bet on future
An Iraqi bank controlled by Jordanian interests plans to open five more branches in Iraq by the end of this year, a sign that there is still money to be made in much of the country despite civil war a
Iran says OPEC unlikely to change output ceiling: Mehr news agency
OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said on Sunday, according to the semi-official Mehr news agency.
Gulf states agree to push value-added tax project with oil low
Officials of the six-nation Gulf Cooperation Council agreed at the weekend to keep working toward the introduction of a value-added tax around the region, in a sign that low oil prices may be strength
World Bank plans help for regions in Iraq recaptured from Islamic State
The World Bank is seeking to finance development projects in areas in Iraq that the government has recaptured from Islamic State militants, its regional vice president said.
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