Iraq will on Monday sign a memorandum of understanding with American energy company Orion to tap gas at an oil field in the south of the country, the petroleum ministry said. The Nahr Bin Omar field, situated in the hydrocarbon-rich Basra province, is currently producing 40,000 barrels...

A $16 billion deal with Emirates airline for A380 superjumbos will give Airbus "at least 10 years of visibility", the European manufacturer's CEO Tom Enders said in an interview published Sunday. Emirates announced the deal on Thursday to buy 36 Airbus A380s - just days after the group...

 (Zaman Al Wasl)- A well-known forest lies on the northern bank of  Euphrates lake in Raqqa province has been exposed to haphazard timber cutting and neglect for years which resulted in the emergence of empty patches and patches of dry trees. The former employee at...

Pakistan will try to privatize its national airline before general elections due this year, privatization minister Daniyal Aziz said, as the ruling party seeks to restart sales of state-run businesses. Pakistan International Airlines(PIA), hemorrhaging money and losing market share to...