News

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Sun, 15 Sep 2019 19:03:10 GMT

Iraq signs $1.3B deal with Germany, Egypt

The Iraqi Ministry of Electricity signed a $1.3B agreement with the Egyptian Orascom the German Siemens and to renovate power plants in the central province of Salahudin.

Sun, 15 Sep 2019 16:59:05 GMT

Tunisians set to vote for new president

Tunisians went to the poll on Sunday to vote in the country's presidential election. Polling stations opened at 0700 GMT from the capital Tunis.

Sun, 15 Sep 2019 15:59:28 GMT

Ukraine government asks parliament to adopt 2020 budget

Oksana Markarova, the Ukrainian Finance Minister, said on Sunday that the government asked Ukraine's Parliament to adopt the 2020 budget deficit at 2.09%.

Sun, 15 Sep 2019 15:02:10 GMT

Iran distances itself from attacks on Saudi oil facilities

On Sunday, Iran has denied an accusation made by the US that Tehran was behind the attacks on Aramco oil plants in Saudi Arabia.

Sun, 15 Sep 2019 14:01:31 GMT

Saudi stocks decline after attacks on Aramco oil field

On Sunday, Saudi Arabia stocks fell sharply after drone attacks on the Saudi oil plants. The attacks will cut the kingdom's production by 5.7 million barrels per day

Sun, 15 Sep 2019 12:42:00 GMT

Barclay sees Britain making progress on Brexit deal

On Sunday, Stephen Barclay, the Brexit Minister, stated that Britain was making progress on the Brexit deal, but there was still significant work to be done, adding he had a scheduled meeting with the EU negotiator Michel Barnier on Monday.

Sun, 15 Sep 2019 12:01:13 GMT

UAW has no plans to prolong GM contract

The United Auto Workers is not set to prolong its accord with General Motors, it stated late on Saturday, which expired the next day, but added they will continue working until the senior union officials meeting.

Sun, 15 Sep 2019 11:19:59 GMT

Facebook's Libra faces inquiry amid EU concerns

Global regulators are set to question the social media giant Facebook on Monday over its Libra digital currency due to the European Union concerns over a potential threat the cryptocurrency poses to the financial stability.

Sun, 15 Sep 2019 09:58:44 GMT

Pompeo blames Iran for drone attacks on Saudi oil plants

Mike Pompeo, the US Secretary of State, pinned the blame on Iran for an attack at the Saudi oil plants, which shut more than half the country's crude output.

Sun, 15 Sep 2019 09:01:22 GMT

US stands to tap emergency oil reserves after Saudi attacks

The US Department of Energy spokesperson said on Saturday that the Trump administration is prepared to tap the US emergency oil reserve if needed after drone attacks shut oil output in Saudi Arabia.

Sun, 15 Sep 2019 08:01:53 GMT

Global regulators set to question Facebook's Libra on Monday

According to the Financial Times report, global regulators would question Facebook about its Libra digital currency on Monday, amid concerns that the digital currency poses risks to consumers.

Sun, 15 Sep 2019 07:00:02 GMT

Japan agrees to phase out tariffs on US wine

According to the Nikkei report, Japan has agreed to eliminate tariffs on the US wine imports within five days to seven years, as part of the bilateral trade agreement with the United States.

Sun, 15 Sep 2019 05:51:08 GMT

EU Finance Ministers support simplification of fiscal rules

According to a top European Commission official, the EU Finance Ministers broadly accepted push for simpler EU's fiscal rules.

Sun, 15 Sep 2019 05:04:35 GMT

Saudi oil production disrupted after drone attacks

According to sources with knowledge of the matter, the Saudi Arabian oil supplies have been disrupted after two drones attacked two Aramco plants at the heart of the kingdom's oil industry.

Sun, 15 Sep 2019 03:53:31 GMT

Yemen's Iran-aligned Houthi group drones hit Aramco plants

On Saturday, Iran-backed Houthi group have attacked two Saudi Arabia's Aramco plants at the heart of the country's oil industry with drones.

Sun, 15 Sep 2019 02:06:27 GMT

Italy's new government allows French charity ship to dock

On Saturday, the Italian government allowed the French charity ship carrying about 82 migrants to dock in the southern island of Lampedusa.

Sun, 15 Sep 2019 02:05:43 GMT

India to provide $1.41B of funds to boost affordable housing

Nirmala Sitharaman, the Indian Finance Minister, said on Saturday that the government would provide $1.41 billion of funds to support affordable and mid-income housing.

Sat, 14 Sep 2019 19:58:47 GMT

EU Finance Ministers support simplification of fiscal rules

According to a top European Commission official, the EU Finance Ministers broadly accepted push for simpler EU's fiscal rules.

Sat, 14 Sep 2019 19:02:58 GMT

Italy's new government allows French charity ship to dock

On Saturday, the Italian government allowed the French charity ship carrying about 82 migrants to dock in the southern island of Lampedusa.

Sat, 14 Sep 2019 18:03:33 GMT

Iger resigns from Apple board

Bob Iger, the Walt Disney Chief Executive Officer, has resigned from the board of directors of Apple Inc, as the two companies prepared to compete in the streaming television business.

Sat, 14 Sep 2019 17:02:34 GMT

Ukraine to sign wheat export memorandum with traders soon

According to Tymofiy Mylovanov, the Ukrainian Economy, Trade and Agriculture Minister, Ukraine would soon sign its yearly wheat export memorandum with traders.

Sat, 14 Sep 2019 15:57:48 GMT

Climate activist takes protest to White House

Greta Thunberg, the Swedish teenage activist, took her climate protest to the White House on Friday. The demonstration marked the first high-profile event of Thunberg's six-day visit to the US.

Sat, 14 Sep 2019 15:07:10 GMT

India to provide $1.41B of funds to boost affordable housing

Nirmala Sitharaman, the Indian Finance Minister, said on Saturday that the government would provide $1.41 billion of funds to support affordable and mid-income housing.

Sat, 14 Sep 2019 14:01:46 GMT

France and Germany decide to block Facebook's Libra

On Friday, France and Germany have decided to block regulatory approval for Facebook's Libra digital currency in Europe, claiming the virtual currency pose risks to consumers.

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