Algeria

Algerian Energy Law Due in H1 2019
17/10/2018 10:43 GMT

Abdelmoumen Ould Kaddour, CEO of Algeria’s Sonatrach, revealed that the country wants to have a new energy law ready by H1 2019. Kaddour said that inspiration for the change in legislation may come... More


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Bahrain

Bahraini Minister Lays Foundation of 2 Oil Projects
18/10/2018 09:51 GMT

Minister of Oil, Shaikh Mohammed bin Khalifa Al Khalifa, inaugurated the Wetland Water Treatment Project on an area of 110 hectares in the Sakhir area and the 500-hectares in the south of the Kingdom... More


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Egypt

Russian, Egyptian Presidents Meet to Boost Trade
18/10/2018 10:12 GMT

Russian President Vladimir Putin is hosting his Egyptian counterpart Abdel-Fattah El-Sisi for talks focusing on ways to boost trade between the two nations. The two leaders have developed a close... More


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Iran

Iranian Business Delegation Visits Knowledge Oasis Muscat
18/10/2018 10:06 GMT

An Iranian business delegation yesterday visited the headquarters of the Public Establishment for Industrial Estates (PEIE) at the Knowledge Oasis Muscat. The delegation was briefed on the investment... More


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Iraq

Iraq Soon to Replace China as Iran’s 1st Export Market
18/10/2018 05:09 GMT

According to head of Iran-Iraq joint chamber of commerce, Iran's exports to Iraq had a 45% increase in a six-month period, and if the trend continues, it is predicted that Iraq would become the... More


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Kuwait

Zain Kuwait, Al-Babtain Turnkey Solutions & Samsung Pen MoU
18/10/2018 09:41 GMT

Zain Kuwait, the leading digital service provider in the country, announces a strategic partnership with Samsung and Al-Babtain Turnkey Solutions to employ Internet of Things (IoT) solutions to... More


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Libya

Libya's Crude Oil Output Hit by Sharara Security Fears: Sources
10/10/2018 08:31 GMT

Libya's crude oil output has dipped again due to the deteriorating security situation around its largest oil field Sharara , sources said Tuesday. Sources with knowledge of Libya's production said... More


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Oman

Iranian Business Delegation Visits Knowledge Oasis Muscat
18/10/2018 10:06 GMT

An Iranian business delegation yesterday visited the headquarters of the Public Establishment for Industrial Estates (PEIE) at the Knowledge Oasis Muscat. The delegation was briefed on the investment... More


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Qatar

Qatar to Up Investment in Germany
18/10/2018 08:50 GMT

With the completion of the recently announced €10 billion worth of proposed investment in Germany by Qatar over the next five years, the combined value of the country’s investment in the Europe’s... More


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Saudi Arabia

OPEC Secretary General: KSA Rules Out Oil Shortage
18/10/2018 08:15 GMT

Saudi Arabia has assured OPEC that it is "committed, capable and willing" to ensure there will be no shortage in the oil market, OPEC's secretary-general said on Wednesday. Mohammed Sanusi Barkindo,... More


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UAE

Emirates National Oil Co. Partners with Microsoft
18/10/2018 09:12 GMT

Enoc Group (Emirates National Oil Company), wholly owned by the Government of Dubai, has partnered with Microsoft to design and develop an artificial intelligence (AI)-powered service station. The... More


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Yemen

Yemen Conflict Could Push Millions More to Brink of Famine: UN
16/10/2018 08:57 GMT

The number of Yemenis on the brink of famine could rise to 12 million - or two in five of the population - from around 8.5 million in coming months due to escalating war and a deepening economic... More


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General News

OPEC Secretary General: KSA Rules Out Oil Shortage
18/10/2018 08:15 GMT

Saudi Arabia has assured OPEC that it is "committed, capable and willing" to ensure there will be no shortage in the oil market, OPEC's secretary-general said on Wednesday. Mohammed Sanusi Barkindo,... More


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