Kuwait Signs Offshore Exploration Contract With U.S. Oil Company

KUWAIT CITY, Kuwait, July 2 (NNN-KUNA) – Kuwait Oil Company (KOC), on Monday, signed a contract worth 181 million Kuwaiti dinars (597 million U.S. dollars), for offshore drilling with U.S. oil field service company, Halliburton. Emad Al-Sultan, KOC’s CEO, said at a press conference that, the contract includes exploration and…

Arab League Condemns Israel’s Opening Of Tunnel In East Jerusalem

CAIRO, Egypt, July 2 (NNN-MENA) – The Arab League (AL), condemned in the strongest terms, Israel’s opening of a tunnel, running under a Palestinian village, in East Jerusalem, during an archaeological event organised by an Israeli settler-linked group, the AL said in a statement. AL Assistant Secretary General, Saeed Abu…

PLO Slams U.S. Officials For Participating In Israel’s Tunnel Opening Ceremony In East Jerusalem

RAMALLAH, Palestine, July 2 (NNN-WAFA) – Secretary General of the Palestine Liberation Organisation (PLO), Saeb Erekat, slammed the participation of U.S. officials, in the opening of a tunnel in Silwan, in East Jerusalem. Erekat said that, the participation of senior U.S. officials, including White House Adviser, Jason Greenblatt, and U.S.…

Iraq, Saudi Arabia Discuss Ties, Cooperation To Stabilise Oil Prices

BAGHDAD, Iraq, July 2 (NNN-NINA) – Iraqi Prime Minister, Adel Abdul Mahdi, and Saudi King, Salman bin Abdulaziz Al Saud, held a phone call over the means to develop ties and cooperation, to achieve stability of oil prices. The two leaders “discussed cooperation between the two countries in the OPEC…

Australian, Lebanese Officials Discuss Ties, Refugees

BEIRUT, Lebanon, July 2 (NNN-NNA) – Marlene Kairouz, Australian Minister of Consumer Affairs of the State of Victoria, arrived on Monday in Beirut, to meet Lebanese officials, to boost ties between Lebanon and Australia. “I came here to hold discussions, aimed at boosting ties with Lebanon and encouraging Lebanese expatriates…

Kuwait To Increase Crude Oil Production To 100,000 Bpd

KUWAIT CITY, Kuwait, July 2 (NNN-KUNA) – Kuwait will increase its crude oil production to 100,000 barrels per day (bpd), the national oil corporation said, Monday. “A deal with Halliburton will hopefully lead to the production of 100,000 bpd in Kuwait,” Emad Al-Sultan, CEO of Kuwait Oil Company (KOC), said,…

Oman, Switzerland Discuss Bilateral Cooperation

MUSCAT, Oman, July 2 (NNN-ONA) – Oman and Switzerland discussed bilateral cooperation and means of enhancing and developing them in various political and economic fields, said the Omani Foreign Ministry, on Monday. “The Omani Minister of Foreign Affairs, Yousuf bin Alawi, received the Swiss State Secretary of Federal Department of…

Syrian Foreign Ministry Accuses Israeli Strikes Of Prolonging Syria Crisis

DAMASCUS, Syria, July 2 (NNN-SANA) – Syria’s Foreign Ministry, said that, the Israeli strikes against Syria, aim to prolong the Syrian crisis. The ministry referred to the latest attacks, which targeted military sites in the Syrian capital, Damascus, and the central province of Homs, overnight Sunday. The ministry urged the…

Dubai Ports Acquires Omani Company Shares With One Billion USD

MUSCAT, Oman, July 2 (NNN-ONA) – Dubai Ports World (DP World), on Monday, acquired the Omani company, Renaissance Services’ shares in its subsidiary Topaz, with 415 million Omani rials (about 1.08 billion U.S. dollars). The acquisition was revealed during a press conference, held by the Renaissance Services, on Monday, in…

Bangladeshi PM Leaves For China On Official Visit

DHAKA, Bangladesh, July 2 (NNN-BSS) – Bangladeshi Prime Minister, Sheikha Hasina, on Monday (yesterday), left for an official visit to China, and will attend the 13th Summer Davos Forum, in north-east China’s Dalian, before that. A special flight departed Hazrat Shahjalal International Airport in Dhaka for Dalian on Monday, carrying…