Middle-east Arab News Opinion | Asharq Al-awsat

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Chief of the General Staff of Iran’s Armed Forces, General Mohammad Hossein Bagheri delivers a speech during a military parade marking the 36th anniversary of Iraq’s 1980 invasion of Iran, Sept. 21, 2016. (AP Photo/Ebrahim Noroozi(

Iran Officially Confirms Missile Production in Aleppo

by Adel al-Salmi | Nov 11, 2016 | Middle East

London, Beirut- Chief of Staff of the Iranian Armed Forces Major General Mohammad Bagheri revealed that his country’s missile manufactures had been transferred to the Syrian city of Aleppo in the past few years. Bagheri also said Lebanon’s so-called Hezbollah had used...

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Freezing Production No where near Realization as Oil Giants Focus on Market Share

by Wael Mahdi | Aug 11, 2016 | Business

Khobar- As Venezuela’s President Nicolas Maduro tries to rally support for a meeting among the world’s largest oil producers, to put down new rates on crude oil, most of Organization of the Petroleum Exporting Countries (OPEC)’s giants sustain high and unprecedented...

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A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh October 27, 2013. REUTERS/Faisal Al Nasser

Saudi Iron Ore Industrialists Consider Lower Rates

by Fahd Baqmi | Jul 26, 2016 | Business

Jeddah- In light of increasing demand on iron ore, Saudi Arabia’s factories are in the process of reconsidering rates as market competitiveness grows, setting up local products versus imports. Workers at the iron ore industry told Asharq Al-Awsat newspaper that...

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Privatization will not be broached to production in Kuwait

Kuwait Studies Plans on Publicly Listing Four Oil Subsidiaries

by Wael Mahdi | Jul 13, 2016 | Business

Khobar- It seems that regional oil companies will soon be taken over with a raging fever for privatization. Soon after Saudi Arabia announced intentions on offering a low but effective five percent of the Saudi oil giant Aramco to public stocks, Kuwait followed...

Media ID: 55351939
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Khalid Al-Falih Minister of Energy. Industry and Mineral Resources of Saudi Arabia speaks to journalists prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, June 2, 2016. (AP)

Al-Falih’s First OPEC Mission: Successful

by Wael Mahdi | Jun 4, 2016 | Business

Vienna- A week ago, no one concerned with the oil industry had expected for the OPEC June meeting to end in amiable accord, despite the deep running dispute among member states. Ghosts of doubt hovered over the meeting being successful. The failure of the April Doha...