Syria’s parliament has approved contracts for oil exploration with two Russian companies in an effort to boost production hit by more than eight years of war and Western sanctions. State news agency SANA said the deals cover exploration and production in three blocs, including an oilfield...

Carmaker Volkswagen has suspended production in Algeria, where the head of its local partner has been detained since June in a corruption probe, a spokesman for the German auto giant said. "Volkswagen is aware of a corruption investigation by Algerian authorities into Mourad Oulmi", who...

 (Zaman Al Wasl)- More than ten Kuwaiti Shiite investors have established construction and real-estate companies in regime-held areas since January, seeking to bolster the ailing Syrian economy, sources told Zaman al-Wasl.  The Kuwaiti investors are in direct contact with...

Expectations for a U.S.-Chinese trade truce rose Friday, though Beijing accused Washington of unfairly attacking its economy and said a settlement to their costly, 17-month-old conflict must be “mutually beneficial.” A senior Trump administration official said an announcement...