DUBAI, United Arab Emirates, March 23, 2017/ — Mara Social Media (https://Mara.com), an African multi-channel platform of online and mobile tech innovations that are designed to connect people across emerging markets, has announced this week that it has acquired global
Kommersant have reported that Syria has begun exporting fruit and vegetables to Russia. This comes as a Russian imposed ban on exporting Turkish foods to the country. The new Syrian deal comes to fill the void left. Aslan Panesh, General
The recent discovery of natural gas reserves in the Homs Desert has paved the way for the Syrian government to revive dozens of unused gas wells as part of a large-scale project to boost economic conditions around the country. According
Weak oil prices pose a threat to Gulf Arab states’ currency pegs against the dollar, but the energy-rich region is unlikely to abandon the policy yet, analysts say. Bahrain, Oman, Qatar, Saudi Arabia and the United Arab Emirates all keep
Oil rallied 3 percent on Friday, with U.S. crude futures headed for its largest weekly gain in seven years, after supply disruptions in Iraq and Nigeria and higher equity prices fueled by U.S. growth data. Pipeline outages in Iraq and
Oil futures fell in Asian trade on Friday as a record build in U.S. crude stocks stoked concerns about global oversupply, outweighing moves by oil producers including Saudi Arabia and Russia to cap oil output. U.S. crude inventories rose by
Standard and Poor’s cut Saudi Arabia’s credit rating by two notches on Wednesday, saying low oil prices would have a considerable impact on the country’s finances and economy. “In our view, the decline in oil prices will have a marked
Iran signaled on Wednesday it would take a tough line in talks among oil producers on restraining production, saying it would continue increasing its output until it reached levels seen before international sanctions were imposed. “Asking Iran to freeze its
Iran is poised to export its first oil shipments to Europe since international economic sanctions were lifted in mid-January, the oil ministry’s SHANA news service reported on Monday. It said two million barrels of oil were being pumped aboard a
The Economy and Trade Minister Alain Hakim said on Tuesday that lifting the economic sanctions on Iran made the country a magnet for investments as for developmental and reform projects. Hakim concluded today the seventh tour of the Lebanese-Iranian Economic
