Business

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US Defense Secretary Mattis: US will stay in Iraq a while

Feb 20, 2017

U.S. Defense Secretary Jim Mattis says he believes U.S. forces will be in Iraq and in the fight against Islamic State militants for a while, despite some rocky times between the two nations

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CEFC China Energy wins 4 percent stake in UAE oil project

Feb 20, 2017

The United Arab Emirates' main state oil company has agreed to give CEFC China Energy a 4 percent stake in a major onshore oil project a day after awarding a minority stake to another Chinese company

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Iran, NKorea officials: Let's strengthen relationship

Feb 19, 2017

Officials from both countries say Iran and North Korea want to strengthen relations

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Mattis to decide soon on troop levels in Afghanistan

Feb 19, 2017

Defense Secretary Jim Mattis says he will make some decisions soon on whether to recommend an increase in the number of U.S. troops in Afghanistan

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UAE arms show comes as Yemen war, suspicions of Iran linger

Feb 19, 2017

Fighter jets screaming overhead and theatrical explosions have marked the opening of an arms show in Abu Dhabi

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UAE seals deal with China's CNPC for onshore oil project

Feb 19, 2017

The United Arab Emirates' main state oil company has signed a deal giving China National Petroleum Company an 8 percent stake in a major onshore oil project

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Iraq says proven oil reserves rise to 153 billion barrels

Feb 19, 2017

Iraq says new exploration has revealed an additional 10 billion barrels of oil, bringing its total proven reserves to 153 billion barrels

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1 killed, 3 injured in Saudi Aramco oil pipeline leak

Feb 19, 2017

Saudi oil giant Saudi Aramco says one person has been killed and three others injured as a result of an oil pipeline leak in the east of the kingdom

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Feb 18, 2017

Turkish Airlines flight to Toronto evacuated after note seen

A Turkish Airlines plane in Istanbul that was heading to Toronto has been evacuated after a suspicious note was discovered in one of its bathrooms

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Feb 18, 2017

Trump sons open Dubai golf club as namesake now US president

Two of U.S. President Donald Trump's sons have attended an invitation-only ceremony opening the Trump International Golf Club in Dubai

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