Author: Steven Sahiounie

Saudi Arabia’s state oil company Aramco has signed contracts worth more than $25 billion for the second phase of the expansion of its Jafurah gas field and the third phase of expanding its main gas network, its CEO Amin Nasser said on Sunday.

US aircraft manufacturer Boeing said Monday it had reached a “definitive deal” to buy its subcontractor Spirit, which has faced scrutiny over production quality control in recent months.

The International Monetary Fund (IMF) has criticized Washington for the persistent “misalignment” of its fiscal policy  

US car manufacturer Ford has imposed significant management cuts at its German plant in Cologne, under a restructuring plan that could see the auto giant leave the country, Bild reported on Thursday.

The energy giant will launch gas supplies via the Far Eastern route in 2027, CEO Aleksey Miller has announced

Germany’s flagship airline Lufthansa has announced a surcharge of up to €72 ($77) for plane tickets, as it seeks to offset the cost of complying with new EU rules on using more expensive sustainable aviation fuel (SAF).

US defense industry giant Lockheed Martin Missiles and Fire Control has been awarded a contract worth $4.5 billion for Patriot Missiles systems,

The US Department of Justice will allow Boeing to avoid a criminal trial if the aerospace giant agrees to plead guilty to a fraud charge related to two fatal crashes involving its 737 Max aircraft over half a decade ago, people familiar with the matter have told Bloomberg.

In response to Israeli statements calling for bestowing the task of administering Gaza onto international forces, the official spokesman for the presidency, Nabil Abu Rudeineh, said: “There is no legitimacy for any foreign presence on the Palestinian Territory, and only the Palestinian people can decide who governs them and manages their affairs.” He affirmed the illegitimacy of colonies and the displacement policy that the occupation authorities were trying to implement on the ground through bloody massacres. “The occupation government and its president would be delusional if they thought they could decide the fate of the Palestinian people and consolidate the…

The atmosphere in the United Nations Security Council (UNSC) is very anti-Russia, Russian Presidential Spokesman Dmitry Peskov said on Monday. Asked at a news briefing whether Russia would be able to bring objectivity to the work of the UN Security Council during its one-month chairmanship, Peskov said: “This will certainly be very difficult to do in four weeks, given the extremely confrontational atmosphere [towards Russia] in the Security Council.” Russia began its one-month presidency of the United Nations Security Council (UNSC) on July 1. The last time the country coordinated the work of the global body’s key department was in…