Algerian President Orders Exploitation of Iron & Zinc Deposits
09/07/2020 07:30 GMT

The exploitation of the iron mine of Ghar-Djebilet in the province of Tindouf and the zinc deposit of Oued Amizour in the province of Bejaia will finally start after a long wait, thanks to the... More

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Bahrain Leads Islamic Fintech Startup Ecosystem in MENA
08/07/2020 04:07 GMT

Bahrain’s standards for crowdfunding and open banking helped the island rank first in the MENA region and second globally in terms of Islamic finance regulation, according to the Global Islamic... More

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Domestic Fuel Prices Remain Unchanged in Egypt
09/07/2020 06:04 GMT

Egypt kept domestic fuel prices unchanged on Wednesday under a 3-month pricing mechanism that links energy prices to international markets, the petroleum ministry said. The price of 95-octane fuel... More

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Iran Surpasses Planned Annual Fishery Output
09/07/2020 04:51 GMT

Iran’s fishery output reached 1.28 million tons in the past Iranian year (ended March 19), announced head of Iran Fisheries Organization (IFO). Nabiollah KhoonMirzaee said it happened while the... More

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Kurdistan Tourism Collapses Due to Pandemic
09/07/2020 04:51 GMT

In a normal year, Ahmed Hazem’s mountainside restaurant would be teeming with tourists. But a nationwide curfew aimed at combating the coronavirus has starved Iraq’s Kurdish region of... More

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Kuwait Bill Might Force Return of Indian Expats
08/07/2020 09:16 GMT

Kerala faces another challenge amidst the pandemic-induced reverse migration from West Asia as thousands of Non-Resident Keralites (NoRKs) face repatriation from Kuwait due to the Expat Quota Bill... More

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Eni Chief Executive Meets Libyan PM, NOC Head
09/07/2020 06:12 GMT

Italian energy group Eni reaffirmed its commitment to Libya on Wednesday after a meeting between its Chief Executive and Libya's UN-recognized Prime Minister Fayez al-Sarraj. Eni, the biggest foreign... More

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New Regulations to Sustain Growth of Oman’s Aquaculture Industry
09/07/2020 04:51 GMT

With fish farming projects worth several hundred million dollars in the pipeline, Oman’s authorities are developing new regulations to secure the health of this newly emerging industry, the output... More

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Qatari Nakilat Assumes Full Management & Operations of Q-Max LNG Carrier Bu Samra
09/07/2020 07:53 GMT

Nakilat has assumed full ship management and operations of Q-Max LNG (liquefied natural gas) carrier 'Bu Samra' from Shell International Trading and Shipping Company with effect from on Wednesday.... More

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Saudi Arabia

Saudi Arabia Gradually Eases Economy
09/07/2020 04:51 GMT

The Saudi Arabian government has eased the economy after approximately two months, with gyms, restaurants and malls working with 50%-70% customers, said a report. However, the travel and tourism... More

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Azelio Signs Deal with Dubai-Based Firm
09/07/2020 07:03 GMT

Dubai-based Alec Energy said it has joined forces with Swedish company Azelio for development and installation of energy storage in the Middle East and Africa ​​​​​​​region. An award-winning solar... More

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Yemeni Minister: Iran Fishing Boats Violated Socotra Territorial Waters
08/07/2020 08:01 GMT

A fleet of Iranian fishing boats have entered the territorial waters of Yemen’s Socotra Archipelago in the Indian Ocean, the country’s Minister of Fish Wealth, Fahd Kafayen, said on Sunday. “The... More

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General News

Oil Prices Idle as Pandemic Spike Fears Offset Signs of Gasoline Recovery
09/07/2020 06:53 GMT

Oil prices barely moved in early trade on Thursday as positive momentum from signs of a recovery in U.S. gasoline demand was tempered by concerns about renewed lockdowns with COVID-19 infections... More

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