Iran said it would welcome restoring ties with Bahrain to end seven years of ruptured relations, following the China-brokered deal to heal rifts between Tehran and Riyadh. "The resumption of relations between Iran and Saudi Arabia shows the effectiveness of the diplomatic solution to resolve misunderstandings," said Iran's foreign ministry...

MOSCOW, RUSSIA - Russian Foreign Minister Sergei Lavrov said Thursday that extending a deal that allowed grain exports from Ukraine to resume was becoming "complicated" as he claimed it was not being properly implemented. Russia's military intervention last February saw Ukraine's Black Sea ports blocked by warships until a deal last...

The deal described by many as historic is seen as key to conserving 30 percent of the world's land and ocean by 2030, as agreed by world governments in a historic accord signed in Montreal in December. Eventually, following two weeks of intense talks, delegates finalized a text that now...

The new firm will focus on internal combustion.

Looking to develop offshore hydrocarbon sites, Libya's National Oil Corporation has signed an $8-billion deal with Italian energy company ENI. The deal is expected to be inked on Saturday at an official ceremony. The development of the offshore sites is hoped to produce 850 million cubic feet of gas per...

The Portuguese football star Cristiano Ronaldo has signed for Al Nassr of Saudi Arabia in a deal believed to be worth more than $200 million. The 37-year-old former Manchester United, Real Madrid and Juventus player said that he can't wait to discover a new football league in a different country.

The deal allows for joint cooperation between the two.

TEHRAN, IRAN - Iran's foreign minister said Monday that a summit to take place this week in Jordan will be a "good opportunity" for negotiations aimed at restoring the 2015 nuclear accord. On-off talks to revive the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), started in April...

MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030 and asks rich countries to stump up $20 billion in yearly aid for developing nations to save their ecosystems. China, chairing the COP15 biodiversity summit in Montreal, presented a long-awaited...

The deal is expected to boost capital markets in the region.

The Portuguese football star Cristiano Ronaldo is likely to sign a $210 million a season blockbuster deal with Saudi Arabian club Al-Nassr in the wake of his high-profile exit from Manchester United. Ronaldo left United last month and will likely start playing for the new club from January.

Reports said that the UAE’s discussions with the Indian government to procure BrahMos are already in advanced stages.

COPENHAGEN, DENMARK - Denmark's autonomous Faroe Islands have renewed a fishing quota deal with Russia for one year despite Moscow's invasion of Ukraine, a local minister said on Saturday. "The Faroe Islands are totally right to extend their existing fishing agreement with Russia," the North Atlantic archipelago's minister of fisheries...

While Europe scrambles to replace Russian energy supplies in the wake of the war in Ukraine, Slovenia has signed a three-year deal with Algerian state energy firm Sonatrach to buy gas via a pipeline through Italy from January. Slovenian foreign minister attended the signing ceremony along with her Algerian counterpart.

United Nations Secretary-General Antonio Guterres hoped Russia would extend the deal that gives safe passage to Ukrainian grain shipments. The UN chief, addressing reporters in Bali ahead of a Group of 20 summit, said talks over the last week had delivered "progress" on the deal that is to end on...

World food prices held steady in October, though cereal prices rose over uncertainty of a deal giving safe passage for Ukrainian grains on the Black Sea, a UN agency said. Global food prices have been falling since hitting an all-time high in March in the wake of Russia's invasion of...

Calling on "all parties" to make every effort to extend the agreement on Ukrainian grain exports, UN Secretary-General Antonio Guterres has appealed for an extension to the so-called Black Sea deal, signed in July by the UN, Ukraine, Russia and Turkey, allowing more than 9 million tons of Ukrainian grain...

New York, United States---Closing in on his Twitter megadeal, Elon Musk said Thursday his goal is to enable "healthy" debate of ideas and counter the tendency of social media to splinter into partisan "echo chambers." In a message meant to reassure jittery Twitter advertisers on the eve of a court-imposed...

Jerusalem, Undefined—Prime Minister Yair Lapid on Thursday claimed Israel's foe Lebanon de-facto "recognizes" the Jewish state, due to a sea border deal the two states are set to sign imminently. "This is a political achievement -- it is not every day that an enemy state recognizes the State of Israel, in...

Jerusalem, Undefined—Israel's Supreme Court on Sunday paved the way for the signing of a maritime border deal with Lebanon, after it rejected appeals that the pact requires parliamentary approval. The signing is expected later this week. Israel and Lebanon, who are technically at war, agreed to terms earlier this month on...

Widespread street demonstrations sparked by the death of Mahsa Amini, 22, who died following her detention by morality police for allegedly breaching the country's strict Islamic dress code, are in their third week.

Iran and United States have arrived at a deal to exchange prisoners and unfreeze Iranian funds abroad, according to media reports. The deal includes freedom for eight people held in the custody of two countries. The exchange will follow a UN statement last week that a former UNICEF official was...

Turkey's foreign minister signed a deal in Libya's capital Monday allowing for oil and gas exploration in 'Libyan waters'.

The Biden administration says the deal remains the best way to restrict Iran's nuclear program but has been increasingly pessimistic that Tehran will agree to a compromise negotiated by European Union mediators.

German Chancellor Olaf Scholz said Iran has failed to agree to proposals from European countries on reviving a deal on restricting its nuclear program, warning this would derail any accord in the near future. Meanwhile Israeli Prime Minister Yair Lapid visited Germany to persuade Western powers to ditch the pact...

The Kremlin said that President Vladimir Putin will discuss with Turkish President Recep Tayyip Erdogan a deal allowing grain exports from Ukraine that Russia has criticized. The agreement between Russia and Ukraine, brokered by Turkey and the United Nations, designated three ports for Kyiv to send grain supplies through a...

In a speech to French ambassadors, France's president Emmanuel Macron said he hoped the deal could be concluded within next few days. The Biden administration is also eager to restore the deal trashed by former president Donald Trump and says that Iran has backed down on some demands that held...

Its collaboration with Malaysia will be in key sectors.

The Iran nuclear deal with world powers still appears to be far from certain as President Raisi now says that the deal is pointless unless the UN nuclear watchdog put an end to its probe of undeclared sites. Iran has repeatedly urged the agency to end the issue before any...

Denying suggestions that it is stalling a potential agreement to resurrect the Iran nuclear deal, State Department spokesman Ned Price said that the US has taken additional time to' seriously review' the Iranian comments in response to the EU text sent to both Tehran and Washington.

ACWA Power Company will join hands with Uzbekistan in order to enter into  a $2.4 billion deal for a 1,500-megawatt wind project, a bourse filing disclosed.

The American side has verbally accepted the two demands from Iran, said Hossein Amir-Abdollahian. "If our opinion is accepted, we are ready to conclude and announce the accord at a meeting of foreign ministers," he said.

The agreement was broken off due to a market downturn.

Twitter reported disappointing results on Friday, a miss that the social network attributed to "headwinds" including the uncertainty related to Elon Musk's buyout bid.

Russia and Ukraine on Wednesday made substantive progress in their first direct talks since March on a deal to relieve a global food crisis caused by blocked Black Sea grain exports. The high-stakes meeting involving UN and Turkish officials in Istanbul broke up after slightly more than three hours with...

Iran and Venezuela signed a 20-year deal on cooperation between the two allies subject to US sanctions during a visit Saturday to the Islamic republic by Venezuelan President Nicolas Maduro.

The US, Britain, France and Germany on Wednesday urged Iran "to fulfill its legal obligations, and cooperate with the IAEA", after the International Atomic Energy Agency adopted a resolution formally criticizing Tehran.

Iran said Friday it will respond immediately to any "political" action at a looming meeting of the UN nuclear watchdog, after the US vowed to join Europeans in urging Tehran's cooperation.

Elon Musk notified US regulators on Wednesday that he will rely less on loans in his bid to buy Twitter, as he and partners put $33.5 billion into the deal. Musk has been courting major Twitter investors in the hope of getting them to partner with him in taking the...

The Sale and Leaseback (SLB) agreement is for five new Boeing 737 MAX aircraft.

Saudi investor Prince Alwaleed bin Talal, who initially spurned Elon Musk’s bid for Twitter, agreed to roll his $1.89 billion stake into the deal rather than cashing out, saying Tesla chief will be an "excellent leader" for the social media company. On April 14, Alwaleed opposed Musk’s buyout bid saying...

Buying Twitter is just the latest conquest for Musk, who has revolutionized the car industry, sent his own rocket to space and built the world's biggest fortune.

Al Seer Marine and BGN International sign the $134 million financial transaction.

Iran on Monday said an agreement with world powers to revive the 2015 nuclear deal was still not in sight, blaming the United States for the delay. "More than one issue is still pending between Iran and the United States," Iranian foreign ministry spokesman Saeed Khatibzadeh said.

Dubai Investments Co. has earned 50 million dirhams ($258 million) from the Emicool deal it concluded earlier. According to the company’s CEO, Khalid bin Kalban, the company will use the funds in debt reduction, paying exceptional profits to shareholders and making further investments. The company sold a 50 percent stake...

Iran said Monday it will only return to Vienna in order to finalize an agreement to revive its landmark 2015 nuclear deal with world powers, with the last steps dependent on Washington. Tehran has been engaged in long-running negotiations in the Austrian capital to revive the deal, known formally as...

India and Australia signed an interim free trade deal on Saturday that cuts tariffs on billions of dollars of commerce as the two Quad partners bolster their economic ties.

The deal was signed on Sunday, March 27, in cooperation with the International Labor Organization.

Four Algerian and Chinese firms announced a nearly $7 billion deal on Tuesday to relaunch a phosphate mining project set to produce millions of tons of fertilizer annually. Under the new deal, Algeria's Asmidal, a subsidiary of state oil firm Sonatrach, and mining firm Manal agreed with Chinese firms Wuhuan...

The projects will be set up in the Mazaya warehouses.