Iranian President Ebrahim Raisi said the relations between Tehran and Ankara serve peace and stability in the region. Speaking with his Turkish counterpart Recep Tayyip Erdogan during a phone conversation initiated by the latter, Raisi said close cooperation between Iran and Turkey is essential for peace and security in the …

A multi-billion-dollar logistics project to rival the Suez Canal has left Iraqi opinion divided. Proponents say the $7 billion port project at Al Faw, near Basra, which will be linked an overland route to Turkey by rail, would make the port city a gateway to Europe. But critics say the …

Last month, the Association of Economic Cooperation with African States (AECAS) held a special meeting of the working group on financing projects with participation of the leading Russian companies and banks. The key topic was to find an effective system of financing projects and to support investment in Africa. Lack …