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Middle East

IMF calls for 'action' in virus-hit MENA region

The IMF Monday urged Middle East and North African countries to accelerate reforms and diversification efforts as the energy-rich region faces unprecedented challenges due to the coronavirus and low oil prices. In its latest regional economic outlook report, the International Monetary Fund...

Pompeo warns of sanctions for any arms sales to Iran

US Secretary of State Mike Pompeo on Sunday said that arms sales to Iran would breach UN resolutions and result in sanctions, after Tehran said the longstanding UN embargo on arms trade with the Islamic republic had expired. "The United States is prepared to use its domestic authorities to...