ANKARA: The World Bank has unveiled a new $18 billion loan package for Turkiye in what appears to be a show of support for the government’s efforts to reshape its economic policy. The deal, which comes on top of a … read more
HOUSTON: The US on Friday divulged it disrupted in April a multimillion-dollar shipment of crude oil by Iran’s Islamic Revolutionary Guard Corps, seizing more than 980,000 barrels of contraband crude oil that violated US sanctions. In April, Reuters reported that … read more
RIYADH: Gulf Cooperation Council ministers on Thursday affirmed their position for the establishment of an independent Palestinian state with East Jerusalem as its capital, amid increasing illegal occupation by Israeli settlers of Palestinian territories. In a statement issued at the … read more
RIYADH: Al-Durra gas field is exclusively owned by Saudi Arabia and Kuwait, and they alone have the right to its natural resources, Gulf ministers said on Thursday. The Gulf Cooperation Council foreign ministers gathering in Riyadh also rejected “any claims … read more
JEDDAH: Fighting between rival militias that has killed at least 90 people in eastern Syria risks the re-emergence of Daesh in the region, analysts warned on Thursday. read more