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Austria ready to open bank branches in Iran

Tehran – XINHU

Austrian ambassador to Tehran Friedrich Stift said Monday that banks of Austria are ready to open branches in Iran in near future to facilitate financial cooperation, semi-official Fars news agency reported. "The Austrian banks intend to return to Iran, and an Austrian bank has already voiced its preparedness to launch its branch in Iran," Stift said addressing a conference onRead more

Syria's Assad cheers Michel Aoun as new Lebanon president

Beirut – XINHU

Visiting Minister of Syria's Presidential Affairs Mansour Azzam conveyed Monday a congratulatory message from Syrian President Bashar Assad to Lebanon's President Michel Aoun on his election. According to the National News Agency (NNA), Azzam emphasized after meeting with Aoun the "deep" ties between Syria and Lebanon, stressing that "we continue on the same page of constant and balanced ties." "TheRead more

Egypt, Russia in discussion over humanitarian aid in Syria

Cairo – XINHU

Egypt's Foreign Minister Sameh Shoukry and his Russian counterpart Sergey Lavrov discussed on Monday the recent developments in the Middle East, said Egypt's foreign ministry spokesman. During a phone conversation, both ministers tackled the latest developments in Syria along with the ongoing efforts to reach a ceasefire in order to facilitate humanitarian aid efforts to reach Syrian citizens in Aleppo,Read more

GCC states vow support to stability, prosperity in Lebanon

Beirut – XINHU

The Gulf Cooperation Council (GCC) states stressed Monday that they support all what would lead Lebanon to prosperity and stability, a statement by the media office of Prime Minster Designate Saad Hariri said. Kuwait ambassador to Lebanon Abdul-Aal Al-Kinai said after meeting with Hariri "we were honored to meet with Prime Minister Saad Hariri. We congratulated him and wished himRead more

Jordan to further defend Arab and Muslim causes

Amman – XINHU

King Abdullah II of Jordan said on Monday that Jordan will continue to defend Arab and Muslim causes, reported the state-run Petra news agency. "We will continue to uphold our historical duty in safeguarding Muslim and Christian holy sites in Jerusalem," said King Abdullah at the opening of the 18th Parliament's First Ordinary Session. The King said that in recentRead more

Iraq says mass grave of 100 bodies found in town near Mosul

Mosul – XINHU

The Iraqi forces found a mass grave containing the remains of some 100 decapitated bodies in the newly-freed town in south of the city of Mosul, a military statement said on Monday. The troops found the mass grave at the compound of the Agriculture Collage on the western outskirts of the town of Hammam al-Alil, some 15 km south ofRead more

Future oil companies have to be value-driven, agile

Abu dhabi – XINHU

Dr. Sultan Al-Jaber, the United Arab Emirates (UAE) Minister of State, said here on Monday that producers have to focus on efficiency, value creation and "commerciality" in order to stay profitable in an "era of unpredictable oil prices." Addressing the opening of the four-day annual Abu Dhabi International Petroleum Conference (ADIPEC), Dr. Al-Jaber said as no one can predict theRead more

Iran to finalize purchase deals with Airbus, Boeing "soon"

Tehran – XINHU

Iran will "soon" finalize passenger planes purchase deals with the aircraft producers of Boeing and Airbus, Minister of Roads and Urban Development Abbas Akhoundi said here on Monday. Representatives of the two companies have been making frequent visits to Tehran to conclude the deals, Akhoundi was quoted as saying by Press TV. "Iran is trying to secure the maximum transferRead more

Palestine reiterates support to French peace initiative

Ramallah – XINHU

The Palestinian authority reiterated on Monday its full support to a French initiative aiming to hold an international conference to revive Israeli-Palestinian peace talks. The Palestinian side "wants specific references to the peace process, which are present in the relevant Security Council and General Assembly resolutions, the signed agreements, the Road Map and the Arab peace Initiative," Saeb Erekat, secretaryRead more

Iran welcomes election of Lebanese President as "victory for all Lebanese"

Beirut – XINHU

Visiting Iranian Foreign Minister Mohammad Javad Zarif on Monday welcomed the election of a new Lebanese President without "foreign intervention," considering the successful election as "a victory for all Lebanese." The National News Agency (NNA) said that Zarif, who arrived Monday afternoon for an official visit, conveyed Iranian President Hassan Rouhani's congratulations to Lebanon's President Michel Aoun. According to theRead more