Algeria

Algeria Not Alone, OPEC's Ailing Brothers Under Serious Threat
18/03/2019 08:46 GMT

Algeria’s deepening political crisis has made its future oil production extremely uncertain. So, ignominiously, it is now the latest OPEC member to have become so vulnerable that it forms part of the... More


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Bahrain

Haji Hassan Group Signs Up for Gulf Construction Expo in Bahrain
20/03/2019 04:43 GMT

Haji Hassan, a leading diversified construction-focused group, has signed up as a strategic sponsor for Gulf Construction Expo, the leading construction and building event in the Northern Gulf... More


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Egypt

Thyssenkrupp Grabs Egypt Fertilizer Complex EPC Deal
20/03/2019 04:35 GMT

German industrial conglomerate Thyssenkrupp said its plant engineering business has won a major order from the Egyptian group NCIC (El Nasr Company for Intermediate Chemicals) for its new fertiliser... More


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Iran

Iran Recovers 1.5 Tcm of Natural Gas from South Pars
19/03/2019 08:26 GMT

Managing Director of the Pars Oil and Gas Company (POGC) Mohammad Meshkinfam at the official inauguration ceremony of SP Phase(s) 13 and SP Phase(s) 22-24 said that US$11 billion have been invested... More


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Iraq

Iraqi Companies Urged to Set Up Industrial Projects in Qatar
20/03/2019 04:12 GMT

HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari has urged Iraqi companies to set up industrial projects in various sectors in Qatar, particularly in food and pharmaceuticals. Foreign... More


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Kuwait

Kuwaiti Bank Partners with Dell to Drive Regional Innovations
20/03/2019 04:12 GMT

Gulf Bank, one of the leading financial institutions in Kuwait, announced their strategic agreement with Dell Technologies for a digitally transformative project. Taking significant steps towards... More


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Libya

Engineer Reports Libyan El Sharara Oil Output
20/03/2019 04:16 GMT

Libya's El Sharara oilfield is pumping around 270,000 barrels a day (bpd) and may add another 20,000 bpd after maintenance on wells has been completed, a field engineer said on Tuesday. The field... More


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Oman

Omantel HQ Nearing Completion
20/03/2019 04:39 GMT

Oman Tourism Development Company (Omran) said the construction work was going as per schedule at its new Omantel headquarters project site with 95= of the project already completed. The Omantel... More


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Qatar

Iraqi Companies Urged to Set Up Industrial Projects in Qatar
20/03/2019 04:12 GMT

HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari has urged Iraqi companies to set up industrial projects in various sectors in Qatar, particularly in food and pharmaceuticals. Foreign... More


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Saudi Arabia

Saudi Arabia, Huawei Sign 5 MoUs at Beijing Investment Forum
20/03/2019 04:12 GMT

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, joined the Saudi-Chinese Investment Forum to share its success stories and... More


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UAE

Emirates National Oil Co. to Offer over 200 Jobs at UAE Career Expo
19/03/2019 09:52 GMT

Enoc Group (Emirates National Oil Company), a wholly owned unit of the government of Dubai, as part of its commitment towards human capital development, will offer over 200 job opportunities across... More


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Yemen

Yemen's Energy Revival Plan Leaves Analysts Skeptical
06/03/2019 05:21 GMT

Yemen has announced plans to generate 32% of revenues from oil and natural gas this year in its first detailed budget since 2014. But analysts are skeptical about the country's goal of enticing more... More


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General News

Oil Prices Hover Close to 2019 Highs on OPEC Output Cuts, US Sanctions
19/03/2019 09:55 GMT

Oil prices were near 2019 highs on Tuesday, supported by supply cuts led by producer club OPEC. U.S. sanctions against oil producers Iran and Venezuela are also boosting prices, although traders... More


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