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Wednesday, August 31, 2016
Saudi Arabia signed 15 preliminary agreements with China on Tuesday in sectors from energy to housing on a trip headed by Deputy Crown Prince Mohammed bin Salman aimed at bolstering relations with a top energy customer and trade partner.
The visit is part of a broad reform drive championed by the...More
Iraq would support a decision by OPEC to freeze oil output to prop up prices, Iraqi Prime Minister Haider al-Abadi told...More
A Libyan armed force controlling some of the country's southern oilfields will close two of them down because the...More
Saudi Arabia exported nearly 1.89 billion barrels of crude oil in the first eight months of the current year with...More
Iraqi state oil firm SOMO has blacklisted three tankers involved in shipping crude from Kurdistan, stepping up pressure...More
The national cereal production experienced a significant drop due to low rainfall estimated at 33 million quintals for the 2015-2016 season against 40 million quintals last year according to an...
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Aluminum Bahrain (Alba), one of the world's leading aluminum smelters, has announced that it has awarded Siemens the power distribution system (PDS) contract for Power Station 5 (PS 5), as part of...
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Egypt's parliament approved on Monday a long-awaited law introducing a value-added tax of 13%, rising to 14% in the next fiscal year, a key part of the government's plan to reform the economy and cut...
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Deputy Managing Director of the National Iranian Oil Company (NIOC) Mohsen Paknejad stated that IPC is to alleviate limitations in financial resources and facilitate transfer of technology in...
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Iraq would support a decision by OPEC to freeze oil output to prop up prices, Iraqi Prime Minister Haider al-Abadi told a news conference in Baghdad on Tuesday. "We are with freezing production at...
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Kuwait National Petroleum Company (KNPC) has signed a memorandum of understanding (MoU) with the Gulf Organization for Research and Development (GORD) to take significant steps in the areas of...
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A Libyan armed force controlling some of the country's southern oilfields will close two of them down because the government has not paid the funds needed to maintain security operations, a brigade...
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Oman's Public Authority for Electricity and Water (PAEW) says it will apply the Build-Own-Operate (BOO) model in the procurement of small desalination projects -- broadly mirroring the template that...
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Qatar Airways has announced that it will operate 20 flights per week to and from Riyadh starting 1 September 2016, increasing its services by more than 40%. Passengers travelling into and out of...
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Saudi Arabia exported nearly 1.89 billion barrels of crude oil in the first eight months of the current year with proceeds amounting to SR279 billion (US$74.43 billion), a drop of 27% compared to...
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Dubai said a new world-recognized pilot program is on the ground in the emirate working to accurately measure carbon emissions to help officials build a healthier and sustainable green...
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Yemen has resumed production and exports from its Masila oilfields for the first time since a civil war began more than 16 months ago, state news agency sabanew.net reported on Thursday. The agency,...
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