Saudi Arabia announced Thursday it will provide Syria with 1.65 million barrels of crude oil to help the country rebuild its economy and infrastructure after nearly 14 years of civil war.
The agreement was formalised through a memorandum of understanding signed by Sultan Al-Marshad, CEO of the Saudi Fund for Development, and Syria’s Energy Minister Mohammad al-Bashir.
According to the Saudi Press Agency, the grant is intended to enhance the operations of Syrian refineries and reflects Riyadh’s ongoing efforts to improve living conditions for Syrians.
Syria, once self-sufficient in oil, has faced economic collapse due to the war and international sanctions.
Earlier this month, Syria exported 600,000 barrels of oil from the coastal city of Tartous, signaling a cautious return of investment in the energy sector. However, analysts note that recovery remains slow and fragile.
Pakistan is confident it can bring Iran to talks with the United States, a senior official said, citing “positive signals” from Tehran,...
Jars of baby food deliberately tampered with rat poison and discovered in Austria, the Czech Republic and Slovakia were part of an attempted extort...
The architect of the modern K-pop boom, Bang Si-hyuk, is facing arrest by South Korean police over claims he illegall...
The escalating conflict involving Iran, the U.S. and Israel is fuelling what could become the most severe energy crisis the world has ever faced, a...
China's domestic automakers have a message for the boardrooms of premium German brands such as Porsche, Mer...
Pakistan is confident it can bring Iran to talks with the United States, a senior official said, citing “positive signals” from Tehran, as JD Vance is reportedly set to visit Islamabad on Tuesday for peace talks, according to Axios.
The architect of the modern K-pop boom, Bang Si-hyuk, is facing arrest by South Korean police over claims he illegally gained millions in an investor fraud scheme.
China's domestic automakers have a message for the boardrooms of premium German brands such as Porsche, Mercedes-Benz, and BMW: We are coming for your customers, and we are armed with superior technology at a fraction of the cost.
Prospects for new peace talks between Iran and the U.S. are “dim,” with both sides operating on false assumptions, a political analyst told AnewZ.
Iran accuses the United States of breaching a ceasefire after a commercial ship was seized in the Gulf of Oman, vowing retaliation, as Israel warns south Lebanon residents to avoid restricted areas.
Progessive Bulgaria, led by pro-Russian Eurosceptic Rumen Radev is on track to form Bulgaria’s next government, after official results showed a runaway victory for the coalition in the Balkan nation's parliamentary elections on Monday (20 April).
Pakistan is confident it can bring Iran to talks with the United States, a senior official said, citing “positive signals” from Tehran, as JD Vance is reportedly set to visit Islamabad on Tuesday for peace talks, according to Axios.
A powerful 7.5 magnitude earthquake has struck off Japan’s north-eastern coast, triggering urgent tsunami warnings with waves of up to 3 metres expected, prompting residents to seek immediate safety.
Blue Origin, the U.S. space company of billionaire Amazon founder Jeff Bezos, successfully reused and recovered a booster for its New Glenn rocket launched from Florida on Sunday (19 April), in the latest chapter of its intensifying rivalry with Elon Musk’s SpaceX.
The escalating conflict involving Iran, the U.S. and Israel is fuelling what could become the most severe energy crisis the world has ever faced, according to the head of the International Energy Agency (IEA).
A Canadian woman has been shot dead and 13 others injured in a shooting at the Teotihuacan pyramids on Monday, one of Mexico’s most visited tourist attractions.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of April, covering the latest developments you need to know
Japan on Tuesday unveiled its biggest overhaul of defence export rules in decades, scrapping restrictions on overseas arms sales and opening the way for exports of warships, missiles and other weapons.
Hungarian election winner Péter Magyar on Monday nominated András Kármán as finance minister, Anita Orbán as foreign minister and István Kapitány as economy and energy minister in his incoming government, as previously indicated.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment