06/08/2020 09:40 GMT
Lebanon has decided to diversify its oil suppliers from 2021 after main supplier, Algeria’s Sonatrach, was accused of providing the Middle East country with adulterated fuel. Lebanon Energy Minister...
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06/08/2020 08:57 GMT
Bahrain's Khaleeji Commercial Bank has successfully issued Sukuk worth US$159 million, subject to approvals from regulatory authorities and the extraordinary general meeting (EGM). Shareholders...
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09/08/2020 09:32 GMT
Tensions in the gas-rich East Mediterranean continue to ratchet up following an agreement signed Aug. 6 between Greece and Egypt on the delimitation of the maritime zones between the two...
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10/08/2020 06:49 GMT
In a ceremony on Sunday attended by Iranian Minister of Roads and Urban Development Mohammad Eslami , the new heads of the country’s national airline (Iran Air) and also Civil Aviation Organization...
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10/08/2020 06:22 GMT
The Deputy of Arvand Free Zone Organization for investment affairs said that according to Iraqi officials the international border of Shalamcheh, which was closed on Eid al-Adha, has been reopened on...
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09/08/2020 06:54 GMT
Shamal Az-Zour Al-Oula Power and Water Company announced today that it received approval to list on Boursa Kuwait’s Premier Market on August 16. It is the first power generation and water...
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09/08/2020 09:58 GMT
The head of Libya's state-run National Oil Corp warned on 8 August 2020 that the presence of stored flammable commodities at the country's key oil export terminals risks a potentially worse disaster...
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10/08/2020 04:22 GMT
Oman’s flourishing agro sector includes the cultivation of mushrooms – a commercial activity dominated by a solitary Omani firm. Today, 90% of its mushroom production is exported overseas, and while...
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06/08/2020 09:36 GMT
Doha Bank has underscored its relationship with Bank of Singapore, which it considers as a partner in offering wealth solutions to clients worldwide, during a recently-held webinar titled "Investment...
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10/08/2020 08:42 GMT
Saudi Aramco's Chief Executive Amin Nasser said on Sunday that he sees oil demand recovering in Asia as economies gradually open up after the easing of coronavirus lockdowns.
"Look at China, their...
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10/08/2020 06:49 GMT
Abu Dhabi National Energy Company(Taqa) has announced the appointment of Dr. Afif Saif Al Yafei as Chief Executive Officer (CEO) at its subsidiary, Abu Dhabi Transmission and Despatch Company...
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10/08/2020 08:47 GMT
Houses in Yemen’s UNESCO-listed Old City of Sanaa are collapsing under heavy rains, as months of floods and storms assail a country already reeling from war, food shortages and disease. Workers...
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09/08/2020 06:35 GMT
The oil ministers of the GCC bloc comprising the UAE, Saudi Arabia, Kuwait, Bahrain and Oman today joined Iraq in reaffirming their full commitment to the OPEC+ deal on curbing oil production in...
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