Algeria

Algerian Sonatrach Renews Agreement with APRUE for Energy Efficiency
17/09/2020 09:20 GMT

The Sonatrach Group has renewed, for a period of three years, the agreement binding it to the National Agency for the Promotion and Rationalization of the Use of Energy (APRUE), with the aim of... More


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Bahrain

Bahraini Carrier Names Country Manager in Kuwait
20/09/2020 08:14 GMT

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it has appointed Mohamed Ibrahim Al Hamer as a country manager for its Kuwait station after relocating from the Asia Pacific... More


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Egypt

BP & Eni Announce New Egypt Gas Discovery
17/09/2020 08:24 GMT

British Petroleum (BP) revealed a new gas discovery in the Nidoco NW-1 exploratory well, located in Abu Madi West concession in the Egyptian Nile Delta, according to a September 16th statement.... More


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Iran

TCCIMA & REC Sign MoU for Expanding Iran-Russia Trade
20/09/2020 09:31 GMT

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has signed a memorandum of understanding (MoU) with the Russian Export Center (REC) for the expansion of trade relations between... More


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Iraq

Iraq’s Rising Crude Sales Signal Further Lag on OPEC+ Quota
20/09/2020 10:04 GMT

Iraq is exporting more crude so far in September than it shipped last month, a sign that the country is falling further behind in efforts to comply with its OPEC+ production limit. A long-time... More


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Kuwait

Bahraini Carrier Names Country Manager in Kuwait
20/09/2020 08:14 GMT

Gulf Air, the national carrier of the Kingdom of Bahrain, announces that it has appointed Mohamed Ibrahim Al Hamer as a country manager for its Kuwait station after relocating from the Asia Pacific... More


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Libya

Deal Agreed to Resume Libyan Crude Production
20/09/2020 09:48 GMT

Two rival groups in Libya - the UN-backed Government of National Accord and the self-styled Libyan National Army - have agreed to reopen key oil ports, signaling the possible restart of more than 1... More


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Oman

Oman Tipped to Become Regional Hub for eCommerce
20/09/2020 04:05 GMT

DHL, a global market leader in the logistics industry, says it plans to capitalize on Oman’s potential to become a regional hub for ecommerce — an industry that has grown internationally at a... More


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Qatar

Qatar Investment Authority to Partner with Credit Suisse
20/09/2020 09:15 GMT

Qatar Investment Authority (QIA) will partner with Credit Suisse Asset Management to form a multibillion dollar direct private credit platform that will provide financing primarily in the form of... More


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Saudi Arabia

Saudi Oil Exports Rebound in July from Record Lows
20/09/2020 07:51 GMT

Saudi Arabia's crude oil exports rebounded in July to 5.73 million barrels per day (bpd) from a record low in June, official data showed on Thursday. At 4.98 million bpd, crude exports in June were... More


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UAE

ISNR Abu Dhabi Acquired by ADNEC
20/09/2020 09:17 GMT

The Abu Dhabi National Exhibitions Company (ADNEC), part of ADQ, has acquired the International Exhibition for National Security and Resilience (ISNR Abu Dhabi). The leading conference in the MENA... More


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Yemen

Yemeni Houthis: Important Target Attacked in Riyadh
10/09/2020 10:28 GMT

Yemen’s Houthis carried out an attack on an “important target” in the Saudi capital Riyadh using a ballistic missile and four drones, a spokesman for the group said on Twitter on Thursday. Elsewhere... More


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General News

GPCA Adopts New Initiative for Members in GCC
20/09/2020 08:44 GMT

The GPCA, the voice of the petrochemical and chemical industry in the GCC, has adopted a new initiative for members on the occasion of World Cleanup Day 2020, aimed at improving sustainability and... More


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