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Dubai: Iran plans to set up a financial centre on the free zone at Qeshm island as it seeks to attract financial institutions to a market of 80 million...

London: The global oil market will be almost balanced next year as demand continues to rise faster than production, while the current oversupply is much...

Tehran: Iran plans to increase its refining capacity for crude and condensate by more than 70 per cent within the next four years as it works to improve the...

Tehran: Iran’s new model oil contracts, designed to lure billions of dollars in foreign investment for its energy industry, still need revisions and the...

Mumbai: Actress-producer Dia Mirza says if given good scripts, she would love to back regional movies because for her the quality of a project matters more...

Baghdad/Falluja: US and Iraqi officials said on Friday they could not confirm a report by an Iraqi TV channel that IS leader Abu Bakr Al Baghdadi had been...

Although Operation Zarb-e Azb and other actions against terrorists from Khyber to Karachi have delivered much, their complete success and total elimination...

Muscat: Oman Telecommucations Company (Omantel) celebrated the milestone landing of the Asia Africa Europe-1 (AAE-1) submarine cable system in Oman at a...

Baghdad/Erbil: An Iraqi militia leader accused government forces of "betrayal" as a split emerged between the Iranian-backed paramilitaries and...

Dubai: Saudi Arabia lifted oil pricing for Asian and US customers, a sign the world’s biggest crude exporter is confident that demand is finally eroding a...