Tag Archives: Middle East

Iran and Qatar have agreed to increase mutual energy cooperation despite a current pandemic that has severely affected economies in the Middle East region.

The International Monetary Fund (IMF) called Tuesday, March 24, for urgent action from Middle East governments as the coronavirus pandemic threatens a persistent slump in oil revenues and a “big drop” in growth. The IMF said a dozen Middle Eastern and North African countries had already approached it for financial …

Equity markets across the Middle East slumped after the worst week for oil prices since 2008 and as more cases of the coronavirus were announced in the region.

Russia’s state oil company paid $250 million to an external consultant to help secure deals in Iraqi Kurdistan. according to documents that shed new light on transactions that have strengthened Moscow’s presence in the Middle East.

The issue of attaining $30 billion worth of annual bilateral trade with neighboring Turkey has been targeted.

The two countries of Iran and Turkey are targeting for $30 billion worth of bilateral trade volume exchange annually.

An Iranian official denied the fake reports about the closure of the common border with Iraq. saying Iranian trucks are exporting commodities to the Arab country via all border crossings without any problem.

Cyprus and Greece dispute Turkey’s claims in the region.

Turkey has consistently contested the Greek Cypriot administration’s unilateral drilling in the area.

Iran resumed exports of non-oil goods to Iraq from Chazabeh border. Khuzestan province.