The World Bank is to provide the first $1b tranche of a $3b loan to Egypt after parliament approves the government's economic program, World Bank Vice President, Hafez Ghanem, announced at a news conference.
Iran’s Parliament has approved a proposal to increase the rate of gasoline in the budget bill for the next calendar year of 1394 (to begin 21 March 2015).
Iran's parliament drafted legislation calling for the government to halt oil exports to Europe until the European Union cancels its planned ban on the country's crude, Fars news agency reported, citing a lawmaker.
