Iraq’s Kurds Begin Oil Exports To Turkey

Turkish Energy Minister Taner Yildiz speaks at a news conference in Ankara on January 2 Turkish Energy Minister Taner Yildiz says that crude oil from Iraqi Kurdistan has started flowing through a new pipeline that leads to the Turkish Mediterranean port of Ceyhan. Yildiz told reporters on January 2 that the oil would be put in storage facilities until More...

by Editorial Team | Published 4 years ago
By Editorial Team On Friday, May 31st, 2013
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Iranian Activists Welcome U.S. Lifting Of Sanctions On Communications Tools

A woman talks on her mobile phone as she browses for mobile phones in Tehran. (file photo) The lifting of U.S. sanctions on the export to Iran of  Communication tools has been welcomed by activists and groups who More...

By Editorial Team On Wednesday, April 17th, 2013
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IMF Says Iran’s Economy Shrank In 2012

The International Monetary Fund (IMF) says Iran’s economy shrank by 1.9 percent in 2012 and is expected to contract by 1.3 percent this year as it reels from the impact of Western sanctions. The IMF says in More...

By Editorial Team On Thursday, April 11th, 2013
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Egypt approves Islamic bonds seeking to revive troubled economy

Egypt’s newly appointed Grand Mufti Shawqi Abdel Karim (R) meets with his predecessor Ali Gomaa at Al-Azhar compound in Cairo on March 3, 2013 (AFP Photo / Gianluigi Guercia) Cash-strapped Egypt might raise More...

By Editorial Team On Tuesday, April 9th, 2013
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Turkish Airlines to buy 95 planes from Boeing

Turkish Airlines (THY), the country’s flagship carrier, has agreed to buy 95 planes from U.S. aircraft manufacturer Boeing, signing the second major aircraft deal in a month after ordering 117 planes from Boeing’s More...

By Editorial Team On Tuesday, April 9th, 2013
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Egypt to hold tender for energy drilling

Egypt will hold a tender for energy drilling in the Mediterranean Sea, Egyptian Minister of Investment Osama Saleh said . Saleh said they would invite leading international companies by the end of the year or at More...

By Editorial Team On Tuesday, April 9th, 2013
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Turkey, Poland races for Volkswagen bid

Volkswagen, which plans to make a factory investment in Europe to produce a new light commercial vehicle, remains undecided between Turkey and Poland, according to Turkish Economy Minister Zafer Çağlayan. Under More...