Call for Modernization of Algeria’s Irrigation, Organization of Agro Economy
24/04/2018 09:50 GMT

President of the Republic Abdelaziz Bouteflika on Monday called for widespread use of modern techniques in agricultural irrigation and a better organization of the agricultural... More

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Bahrain Attends IMF-World Bank Meetings
24/04/2018 04:25 GMT

Finance Minister Shaikh Ahmed bin Mohammed Al Khalifa, referred to the proposed capital package for improving the World Bank Group (WBG) as a transformational change in how the group deals with... More

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World Bank Agrees with Egypt Education Project
22/04/2018 08:54 GMT

The Egyptian government and the World Bank have signed an agreement for the US$500 million supporting the Egypt Education Reform project, which aims to improve teaching and learning conditions in... More

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Iran Nearly Fulfills Petchem Production Plan in 2017-18
24/04/2018 09:25 GMT

Iran's petrochemical industry has made valuable achievements last year (2017-18), according to the National Petrochemical Company (NPC). Among these measures and accomplishments are producing 54... More

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Deadline for Iraqi Refinery Bids Extended
24/04/2018 09:29 GMT

Iraq has extended the deadline to bid for the construction and operation of a new 100,000-bpd Qayara refinery. The full statement from the Ministry of Oil is as follows: The ministry of oil would... More

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IIAC Grabs Kuwait T4 terminal Deal
24/04/2018 08:24 GMT

Kuwait government has awarded a major operation and management contract to Korea's Incheon International Airport Corporation (IIAC) for its new Terminal Four (T4), reported state news agency... More

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Libya Examines Total-Marathon Purchase, Casting Doubt on Deal
24/04/2018 05:55 GMT

Libya is considering whether to intervene in a US$450 million deal that French major Total announced last month to buy a Marathon Oil stake in the country's Waha concessions, several sources familiar... More

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Oman Air Considers Adding More Asia Services
24/04/2018 04:25 GMT

Oman Air is considering adding more flights to Asia, including to China and South Korea, but is delaying its break even date to beyond this year, its new chief executive said. The state-owned... More

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QNB Inks Landmark Merchant Agreement with Qatar Rail
24/04/2018 08:56 GMT

QNB Group, the largest financial institution in the Middle East and Africa region, has signed a landmark merchant agreement with Qatar Rail, which will see the bank join as a strategic partner and... More

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Saudi Arabia

Saudi Arabia Granted 664 Patents in 2017
24/04/2018 04:25 GMT

Saudi Arabia was granted 664 patents last year, compared to 517 in 2016 and 409 in 2015, according to StatNano, which publishes a report each year on the status of nanoscience, technology and... More

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Belt & Road Exchange to be Set Up at Abu Dhabi Global Market
24/04/2018 08:17 GMT

Abu Dhabi Global Market (ADGM), the international financial center of Abu Dhabi, UAE, and Shanghai Stock Exchange (SSE), China’s largest securities exchange, have entered into a memorandum of... More

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Yemeni Houthis Claim to Have Hit Saudi Airport with Ballistic Missile
19/04/2018 10:06 GMT

With the Saudi-led military operation in Yemen entering its fourth year, Houthi rebels have fired dozens of missiles into Saudi Arabia over recent months targeting a number of locations, including... More

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General News

Top Oil Producers Committed to OPEC Pact until Yearend: UAE
24/04/2018 08:17 GMT

All OPEC and non-OPEC oil producers including Russia are committed to supply cuts until the end of the year, UAE Energy Minister Suhail Mohamed al-Mazrouei said on Monday (23 April). “All in all,... More

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