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Iran announces discovery of massive oil field

Iran has discovered a massive new oil field, President Hassan Rouhani said Sunday, a find that would boost its proven reserves by about a third in a rare piece of "good news" for an economy battered by US sanctions. In a speech aired on state TV, Rouhani said the country's economy had...

IS 'defeated' in key Afghan province: official

The Islamic State group's Afghan branch has been "defeated" in one of the key eastern provinces where it first sought to establish a stronghold, a top Afghan security official said Sunday. The claim comes after the jihadists first burst into Afghanistan's conflict in 2015, when they overran...

Ex-Hezbollah leader slams Iranian supreme chief

Former Secretary-General of Lebanon’s Shia Hezbollah movement criticized Iran’s supreme leader Sunday for being behind corruption in Lebanon and Iraq, where anti-government and corruption protests are ongoing. Subhi al-Tufayli, speaking to Arab and social media, delivered remarks on recent...

Egypt's inflation lowest in nearly a decade

Egypt's inflation rate dropped to the lowest level in nearly a decade last month, official figures showed Saturday, as cheaper food offered respite to consumers squeezed by IMF-backed reforms. The annual inflation rate was 2.4 percent in October, compared with 17.5 percent a year earlier,...