Algeria

5 Algerian Billionaires Arrested as Part of Anti-Corruption Drive
23/04/2019 10:56 GMT

Algerian authorities have arrested five billionaires as part of an anti-corruption investigation, State TV reported. Issad Rebrab, the founder and chairman of Cevital, Algeria's biggest privately... More


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Bahrain

Bahraini PM Opens Top 3-in-One Expo
24/04/2019 05:19 GMT

A collection of three leading exhibitions related to the construction, interiors and property sectors was opened this morning in Bahrain by HRH Prince Khalifa bin Salman Al Khalifa, the Prime... More


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Egypt

Syria Says Iranian Oil Tankers Blocked at Suez Canal, Egypt Denies
22/04/2019 04:39 GMT

Under the sanctions imposed by the U.S. and Great Britain, no Iranian oil tankers are allowed to transit the Suez Canal if they are destined for a Syrian port, a Syrian military source told Al-Masdar... More


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Iran

FAO Investigating Locust Breakout in Iran
24/04/2019 06:22 GMT

Head of Iran Plant Protection Organization Mohammad Reza Dargahi said on Wednesday that the Food and Agriculture Organization of the United Nations (FAO) is investigating the recent outbreak of... More


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Iraq

Minister: Iran Eyes Joint Investment in Iraq’s Pharma Sector
24/04/2019 05:48 GMT

Iran’s Minister of Health Saeed Namaki says the country has serious plans to make joint investments in Iraq’s pharmaceutical sector. He made the remarks on the sidelines of a meeting with his Iraqi... More


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Kuwait

OPEC Output Decision to be Made after Reviewing Prices: Kuwaiti Minister
24/04/2019 06:19 GMT

The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May, and any decision on output will be made only... More


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Libya

Trump Libya Shift Likely Driven by Oil, Gasoline Price Fears
21/04/2019 09:40 GMT

US President Donald Trump's apparent signal of support for the Libyan National Army over the UN-backed Government of National Accord was motivated by the president's concerns over the impact another... More


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Oman

Oman Oil Price Up as US Plans to End Iran Waivers
24/04/2019 05:23 GMT

Oman crude price on Monday jumped by 3.4% to nearly six month high after the Trump administration said it will not renew Iran oil waivers once they expire in May. According to a Dubai Mercantile... More


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Qatar

Qatar Petroleum Launches LNG Ship Construction Program
23/04/2019 04:16 GMT

Qatar Petroleum said on Monday it had invited bids for ship construction capacity required for its LNG carrier fleet for its North Field Expansion (NFE) Project. The tender covers shipping... More


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Saudi Arabia

KSA to Coordinate with Other Producers to Ensure Adequate Oil Supply
23/04/2019 06:52 GMT

Saudi Arabia said on Monday it would coordinate with other oil producers to ensure an adequate crude supply and a balanced market after the United States said it would end waivers granted to buyers... More


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UAE

World’s 1st Ministry of Possibilities Launched in UAE
24/04/2019 05:12 GMT

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has launched the world’s first virtual Ministry of Possibilities to incubate and develop radical... More


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Yemen

Trump Vetoes Bill to End US Support for Saudi-Led Coalition in Yemen
17/04/2019 08:46 GMT

US President Donald Trump has vetoed a bill passed by Congress to end support for the Saudi-led war in Yemen. Mr Trump described the resolution as an "unnecessary" and "dangerous" attempt to weaken... More


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General News

OPEC Output Decision to be Made after Reviewing Prices: Kuwaiti Minister
24/04/2019 06:19 GMT

The decision by Washington to not extend waivers on Iranian crude oil imports will be a key topic of discussion when OPEC members meet in Jeddah in May, and any decision on output will be made only... More


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