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Surviving Daesh, Iraq is grabbed by debt spiral

Already fragile and is largely dependent on oil revenues, Iraq’s economy has sustained a great damage after the rise of the Daesh terrorist group and simultaneous falling oil prices.  As a result, Iraq’s debts have almost doubled for the past four years.  With its...

Iran to open interests office in Saudi Arabia

Iran announced on Saturday that it intends to open an interests office in Saudi Arabia's capital. Bahram Qasemi, a spokesman for the Foreign Ministry, told the Iranian Students News Agency (ISNA) that the office in Riyadh aims to look after Iran’s interests in Saudi Arabia. He...

Egypt forces kill scores of militants in Sinai

Egyptian forces killed scores of militants as part of an ongoing security operation in the restive Sinai Peninsula, according to the military on Sunday.  A military statement said 52 militants were killed in security operations in northern and central Sinai over the past days,...

Germany wants mutual relations with Turkey to normalize

German Foreign Minister Heiko Maas said they want relations with Turkey to normalize. Asked about Turkish President Recep Tayyip Erdogan’s “plan” to visit Germany next month in an interview with German daily Kolner Stadt-Anzeiger published on Saturday, Maas said: “All the topics...