Islamic State is looking at potentially vulnerable oil assets in Libya and elsewhere outside its Syria stronghold, where the militant group controls about roughly 80 percent of the oil and gas fields, a senior U.S. official said on Tuesday. The official, who briefed reporters...

(Translation by Yusra Ahmed) ( Zaman Al Wasl- Eqtsad) - When we talk about Arabic media tycoons we recall the name of Al-Waleed bin Talal, Saleh Kamel and Naguib Sawiris, and others, but in Syria, the Ministry of information have enabled certain people to control the media industry and...

Tensions with Russia could cost Turkey's economy nine billion dollars in the worst case scenario of "zero relations", Turkish Deputy Prime Minister said Monday. Moscow has imposed a series of economic sanctions against Ankara after Turkish fighter jets shot down a Russian jet on the Syrian...

Turkey's Petroleum Pipeline Corporation (BOTAS) and Qatar's national oil company signed a memorandum of understanding for long-term liquified natural gas (LNG) provision on Wednesday. According to Turkey's Energy and Natural Resources Ministry, the agreement calls for regular supply of LNG by...