3 Technological Zones, Startup Support Funds Created in Algeria
16/09/2019 04:18 GMT

Prime Minister Noureddine Bedoui has announced Saturday in Algiers the creation of three technological zones "Zone tech" and a national fund of support of startups. Adressing the opening of National... More

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Bahraini Crown Prince to Meet US President
15/09/2019 06:38 GMT

Bahrain’s Crown Prince Salman bin Hamad al-Khalifa will make an official visit to the United States on Monday to meet with President Donald Trump, a White House statement said on Thursday. Bahrain’s... More

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Land Allocated in North Sinai for Desalination Plant
15/09/2019 04:05 GMT

Egypt’s cabinet approved a proposed presidential decree to reallocate a land plot in North Sinai to set up a seawater desalination plant. Located in Arish city, such land stretches over an area of... More

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Iran, Turkey to Further Discuss National Currency Use in Bilateral Trade
16/09/2019 04:48 GMT

Iranian and Turkish banks are working on a plan to establish a financial channel between the two countries based on national currencies, in a bid to evade US sanctions against Tehran, Secretary of... More

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Iraq Denies Its Territory Was Used to Launch Saudi Oil Attack
16/09/2019 05:02 GMT

Iraq denied on Sunday that its territory had been used to carry out attacks on oil facilities in Saudi Arabia, referring to an incident than knocked out more that half the Kingdom's output. A... More

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Qatari Bank in Partnership with Kuwaiti-US JV
11/09/2019 08:20 GMT

Commercial Bank, Qatar’s first private bank, entered into a partnership agreement with WCP Investments (WCPI), a joint venture between NBK Capital (NBKC), the investment arm of National Bank of... More

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Libya's Sanalla Meets Zallaf, DeGolyer & MacNaughton Deads
15/09/2019 09:55 GMT

National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met with Mr John W. Wallace, chairman and CEO of DeGolyer and MacNaughton, in Tunis. Also present were NOC board member for Exploration... More

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OGC to Expand Capacity to Sohar, Duqm & Salalah
16/09/2019 04:20 GMT

Oman Gas Company (OGC), a subsidiary of Oman Oil and Orpic Group, says it is adding new capacity to the nation’s critical gas transportation infrastructure to support demand growth at industrial hubs... More

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Qatar Petroleum Issues North Field Tender
15/09/2019 07:52 GMT

Qatar Petroleum said on Saturday it had invited bids for engineering, procurement and construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG)... More

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Saudi Arabia

France Condemns Attacks on Oil Facilities in KSA
16/09/2019 05:02 GMT

France condemns attacks on Saudi oil facilities that have disrupted global production, the country's foreign ministry said on Sunday. "France firmly condemns yesterday's attacks on the Abqaiq and... More

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Emirates Water & Electricity Co. Projects to Generate 4GW of Power
16/09/2019 04:21 GMT

Emirates Water and Electricity Company (EWEC), the utility company mandated to ensure water and power supply to consumers in Abu Dhabi and other emirates, has two key power projects in the pipeline... More

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UK, US Condemn Yemeni Houthi Attack on Saudi Oil Facilities
15/09/2019 06:40 GMT

Britain condemned a drone attack on Saudi Arabian oil facilities on Saturday, and said that Yemen’s Houthi rebel group should stop targeting Saudi civilian and commercial infrastructure. Yemen’s... More

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General News

ME Billionaire Numbers Drop
16/09/2019 04:21 GMT

Amid a slowdown in global growth, persistent trade tensions and a late-year slump in equity markets, billionaire wealth declined by 7% to US$8.6 trillion in 2018, says a new report. The billionaire... More

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