Iran Aborts U.S. “Maximum Pressure” Campaign

TEHRAN, Oct 2 (NNN-IRNA) – Iran’s first Vice President, Es’haq Jahangiri, said, his country has aborted U.S. “maximum pressure” campaign against Iran. “The Americans have learned that ‘maximum pressure’ campaign is not workable for Iran,” Jahangiri said. Through solidarity and unity among Iranians, Iran will overcome all the hardship that…

Bangladesh’s Eastern Bank Opens First Office On Chinese Mainland

Guangzhou is a city of great economic vitality and home to the China Import and Export Fair, said Ali Reza Iftekhar, EBL’s managing director. GUANGZHOU, Oct 1 (NNN-BSS) – Bangladesh’s Eastern Bank Limited (EBL), opened its first representative office on the Chinese mainland in Guangzhou. Bangladesh has seen frequent economic…

Yemen’s Houthis Release 290 War Prisoners: ICRC

SANAA, Oct 1 (NNN-SABA) – Yemen’s Houthi group released on Monday, 290 prisoners, the International Committee of the Red Cross (ICRC) said in a statement. “The unilateral release of 290 detainees, including 42 survivors of an attack on a place of detention in Dhamar this month, took place today,” ICRC…

Kuwait Compiles First Climate Change Report

KUWAIT, Oct 1 (NNN-KUNA) – Kuwait has compiled its first climate change report, containing the latest information on how the Gulf state is coping with the global challenge. Sheikh Abdullah Ahmad Al-Sabah, chief of Kuwait’s Environment Public Authority (EPA), said that, Kuwait’s environment agency strictly adhered to the provisos under…

Lebanese President Says Three Billion USD Burden Yearly By Syrian Refugees

BEIRUT, Oct 1 (NNN-NNA) – Lebanese President, Michel Aoun, said that, Syrian refugees pose a burden of three billion U.S. dollars yearly, on the Lebanese economy, a statement by Lebanon’s presidency reported. “This figure has a very negative impact on our small country, whereby Lebanon’s debt increased by 27 billion…

Syria, Iraq Mark Victory Against Daesh With Opening Of Key Border Crossing

DEIR AL-ZOUR, Syria, Oct 1 (NNN-SANA) – Under the victory banner, the Bukamal-Qaim border crossing, between Syria and Iraq was reopened on Monday, the first time since its closure in 2014, when the Daesh militants captured areas on both sides of the border. Reporters at the site witnessed the reopening…

Turkey Unveils New Economic Programme With Ambitious Growth Target

ANKARA, Oct 1 (NNN-ANADOLU) – Turkey laid out a new three-year programme to recover its economy, with ambitious targets, including a surge in growth and a slowdown in inflation. During a presentation in the capital, Ankara, Turkish Treasury and Finance Minister, Berat Albayrak, said, consumer price growth forecast has been…

Feature: Gaza’s Only Pharmaceutical Factory Struggles To Survive Amid Dire Conditions

GAZA, Palestine, Oct 1 (NNN-XINHUA) – Gaza Strip’s only pharmaceutical factory is struggling to survive, amid deteriorating economic situation, caused by Israel’s 12-year blockade on the Palestinian territory. The factory was established in 1994, by the Middle East Pharmaceutical and Cosmetics Laboratories Ltd, but production only started in 1999. “The…

Engagement With China, Australia Key To BIMP-EAGA’s Tourism Growth: Brunei Official

BANDAR SERI BEGAWAN, Oct 1 (NNN-BB NEWS) – Engagement with development partners, such as China and Australia, is key to the continuous growth of the tourism sector in the ASEAN’s sub-regional growth area of BIMP-EAGA, Brunei tourism official said. BIMP-EAGA is ASEAN sub-regional growth cluster of Brunei-Indonesia-Malaysia-Philippines-East ASEAN Growth Area.…

Japan’s Industrial Output In Aug Decreases Due To Falling Exports, Typhoons

TOKYO, Oct 1 (NNN-NHK) – Japanese government data showed, the country’s industrial output in Aug decreased by 1.2 percent, compared to the previous month, mainly due to weak exports and powerful typhoons. The index of production at factories and mines is seasonally adjusted and stood at 101.5, against the base…