28/01/2020 10:31 GMT
Turkey plans to increase its trade with Algeria from about US$4 billion currently to US$5 billion “very soon,” Algeria’s President Abdelmadjid Tebboune reported. The announcement was made during the...
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28/01/2020 09:18 GMT
The Bahrain Economic Development Board (EDB), the kingdom’s investment promotion agency, has partnered with the World Economic Forum (WEF) to launch the ‘Closing the Skills Gap Accelerator’. The...
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28/01/2020 10:16 GMT
Egypt has signed two deals with Exxon Mobil Corp for oil and gas exploration in the Mediterranean, the petroleum ministry said on Tuesday. The deals involve a minimum investment of US$332 million,...
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28/01/2020 10:40 GMT
President Hassan Rohani said on Monday Iran should stick to rules set by an anti-money laundering watchdog to protect ties between the sanctions-hit country and international banks, as a deadline for...
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28/01/2020 05:41 GMT
Florida-based Scientia Global Inc. has been awarded a US$12,149,039 firm-fixed-price Foreign Military Sales (Iraq) contract to procure combat effective Digital Mobile Radio Tier III equipment,...
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28/01/2020 09:15 GMT
The International Monetary Fund on Monday urged OPEC member Kuwait to introduce a package of reforms that includes imposing taxes and phasing out subsidies to plug a chronic budget deficit. Kuwait,...
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28/01/2020 06:18 GMT
Libya's oil sector is facing a catastrophic situation as production is poised to fall to just 72,000 b/d "very soon" if the blockade led by the self-styled Libyan National Army continues, the...
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28/01/2020 10:43 GMT
An agreement was signed here on Monday for the establishment of a local Omani company that will support the development and commercialization of hydrogen as a zero-emission energy source as well as...
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28/01/2020 09:25 GMT
Saad Sherida Al Kaabi, the Minister of State for Energy Affairs, held talks in New Delhi with Dharmendra Pradhan, the Minister of Petroleum & Natural Gas and Minister of Steel, India. Discussions...
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28/01/2020 10:04 GMT
Samsung Engineering has signed a US$1.85 billion contract for the Aramco HUGRS (Hawiyah Unayzah Gas Reservoir Storage) project ( Hawiyah Gas Plant ). The contract was signed on January 23. Samsung...
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28/01/2020 09:39 GMT
Dubai district cooling company Empower has received commitments from local and international banks for loans totaling up to between 6-8 billion dirhams (US$1.633-US$21782 billion) to finance...
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26/01/2020 10:25 GMT
Yemen-based Port of Aden has set an all-time record in 2019, witnessing the largest increase in the volume of offloaded cargo in its history, with the support of two cranes provided by Saudi Arabia....
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28/01/2020 08:43 GMT
OPEC president Mohamed Arkab said on Monday he expects an outbreak of coronavirus in China to have little impact on the global oil market for now, but added that producers were ready to react to any...
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