Algerians Elects Parliament
13/06/2021 08:56 GMT

Algeria voted Saturday in a parliamentary election overshadowed by a crackdown on a long-running protest movement that campaigned for a mass boycott. Pro-government parties had urged a big turnout... More

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E-Waste Initiative Launched by Bahrain Bourse
14/06/2021 08:08 GMT

As part of Bahrain Bourse’s (BHB’s) efforts to promote ESG, BHB announced that it has embarked on an “E-waste Recycling Initiative” in collaboration with the Supreme Council for Environment (SCE) and... More

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Egypt & France Ink Financing Deals
14/06/2021 07:30 GMT

Egypt has signed €1.7 billion worth of deals with France to finance projects in the transportation, infrastructure, electricity and wholesale sectors, the cabinet said on Sunday. Of that financing,... More

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98% of Iranian Urban Areas Connected to Natural Gas Grid
14/06/2021 06:55 GMT

The deputy managing director of the National Iranian Gas Company (NIGC) for gas distribution said 98% of Iranian cities enjoy natural gas. Despite problems caused by coronavirus, National Iranian... More

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Central Bank Warns Against Speculation in Iraqi Dinar
14/06/2021 04:18 GMT

The Central Bank of Iraq (CBI) has confirmed its commitment to a stable foreign exchange rate for the Iraqi dinar. According to a statement from the bank, "the dollar exchange rate is fixed and there... More

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Kuwait & Iraq Review Grid Connector
13/06/2021 09:03 GMT

Iraq's Ambassador to Kuwait, H.E. Mr. Al-Manhal Al-Safi, met on Friday with the Kuwaiti Minister of Electricity, Water and Renewable Energy, H.E. Dr. Mishaan Al-Otaibi. They discussed cooperation in... More

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NOC Chairman: Libyan Oil Production Under Pressure Due to Pipeline Leaks
13/06/2021 06:07 GMT

Libya's production recovery is slowing as the country's ageing oil infrastructure comes under pressure, with more falls likely in coming days due to series of pipeline leaks, the chairman of... More

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Oman to Launch Green Hydrogen Alliance
14/06/2021 04:20 GMT

Adding new momentum to its ambitions to jumpstart the growth of a Green Hydrogen economy in the country, Oman is preparing to create an ‘alliance’ of local and international investors and related... More

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IOCs Vying to Partner in Qatar LNG Project Despite Lower Returns
14/06/2021 05:21 GMT

Six top western energy firms are vying to partner in the vast expansion of Qatar’s liquefied natural gas output, industry sources said, helping the GCC state cement its position as the leading LNG... More

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Saudi Arabia

Saudi Taiba Investment Co. & Dur Hospitality Co. in Merger Talks
14/06/2021 07:56 GMT

Taiba Investment Co and Dur Hospitality Co are in talks to combine their businesses, potentially forming a company with a market value of about US$2.4 billion in Saudi Arabia’s real estate,... More

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Sensible Medical to Sell Heart Monitors in UAE
14/06/2021 04:21 GMT

An Israeli medical technology company has partnered with a Dubai distributor to sell heart failure monitors in the UAE. Netanya-based Sensible Medical, which pioneered the ReDS device that can assess... More

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Oman Wants to Extend Gas Pipeline Network to Iran & Yemen: Minister
18/05/2021 06:31 GMT

Oman would like revive plans to import Iranian gas via pipeline ( Gas Exports to Oman ) should the nuclear deal be reinstated, and is also considering extending its pipeline network to Yemen,... More

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General News

Oil Ups with Demand Outlook Improving & Supplies Tightening
14/06/2021 07:54 GMT

Oil prices rose on Monday, extending three weeks of gains that have been underpinned by an improved outlook for fuel demand as increased COVID-19 vaccinations help lift travel curbs, along with... More

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