Author: Steven Sahiounie

A top commander of the Islamic Revolution Guards Corps (IRGC) says only a fraction of Iran’s available military resources were used in the retaliatory airstrikes against Israel last month. Brigadier General Amir Ali Hajizadeh, the commander of the IRGC’s Aerospace Division, said in an interview on Wednesday that during Iran’s punitive strikes — dubbed Operation True Promise — the United States, Britain and France came to the help of Israel in a bid to repel Iran’s attacks. He, however, added that the Islamic Republic stood against the superpowers and their allies by using only 20 percent of what it had…

The UN’s World Intellectual Property Organization said greater productivity levels could be reached through specialising in existing strengths

The trade gap came in at $69.4 billion, narrowing slightly from February’s $69.5 billion figure — which had been revised larger, said the Commerce Department

The representative of Hyundai Rotem revealed the company’s plans for establishing a new factory for manufacturing Metro cars in the Suez Canal Economic Zone

The MoU also involves the exchange of information between both countries to decide upon the best candidates for the funding

The sale of ExxonMobil’s Nigerian petroleum assets to Seplat could be approved in less than two weeks, Nigeria’s oil regulator told Reuters on Thursday.

Trade exchange between Egypt and Kuwait fell by 11.8% year on year (YoY) in 2023 to $3 billion, compared to $3.4 billion, according to data by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Initial claims for state unemployment benefits were unchanged at a seasonally adjusted 208,000 for the week ended April 27, the Labor Department said on Thursday

Russian energy major Gazprom reported its first annual loss since 1999 on Thursday, in the wake of dwindling gas exports due to the Western-sanctions pressure.

Russia is not going to participate in the conference on Ukraine in Switzerland, planned in June, or in any other events on Ukrainian President Vladimir Zelensky’s ‘peace formula’, Foreign Ministry Spokeswoman Maria Zakharova said in a commentary. “The Swiss organizers of the conference are openly spinning the facts. Russia is not going to participate either in the first so-called summit in Switzerland, or basically in any events promoting the ultimatum-like ‘Zelensky’s formula’. Even if we will be persistently invited to such forums,” Zakharova said, commenting on Switzerland’s statement that at this stage Russia was not invited to the June ‘peace…