Algerian Mobile Operator Adds 1 Million Customers This Year
09/12/2018 07:47 GMT

Algerian mobile telecoms operator Djezzy has added 1 million customers this year and plans to further invest to offer more online payment services, its CEO said. Djezzy, or Optimum Telecom Algérie,... More

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Lulu Opens New Hypermarket in Bahrain
09/12/2018 05:11 GMT

Lulu Group, a retail giant in the Middle East, has further expanded its presence in Bahrain by opening its latest hypermarket in the newly opened Atrium Mall in Saar. The new hypermarket which is... More

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Minister Elaborates on Egypt's Oil Deals Signed in 5 Years
12/12/2018 09:17 GMT

Egypt has signed nearly 63 oil and gas agreements with US$14 billion in investments during the period from 2014 to 2018, the Egyptian petroleum minister said on Monday. Two major projects have been... More

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Greece to Become Hub for Iran Transit to Europe
12/12/2018 08:03 GMT

A recent memorandum of understanding to streamline transport between Iran and Greece will turn the European country into a hub for export of Iranian products to the continent, an official said. Head... More

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Deal Signed to Upgrade Iraq-Jordan Border Crossing Point
12/12/2018 10:21 GMT

In partnership with the Government of Jordan, the International Organization for Migration (IOM) and the United Nations Office on Drugs and Crime (UNODC) signed an official partnership to upgrade the... More

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Kuwait Oil Co. Opens Pre-Qualification Stage
12/12/2018 08:30 GMT

The Kuwait Oil Company (KOC) last week opened the pre-qualification stage for a large group of the company’s business categories in the country’s oil fields, reports Al-Anba daily quoting responsible... More

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Protesters Seek to Stop Output at Libya’s El Sharara Oilfield
09/12/2018 05:46 GMT

Libyan tribesmen staged a protest on Saturday at the giant El Sharara oilfield aiming to shut down the facility, engineers and a tribal spokesman said on Saturday, although it was not immediately... More

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Baker Hughes, PDO Launch Oman’s 1st Artificial Lift Systems Facility
12/12/2018 08:13 GMT

Baker Hughes, a GE company, has joined forces with the Petroleum Development Oman (PDO) launch open its first artificial lift systems assembly and repair facility in the Sultanate to support the PDOs... More

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Qatar, Iraq Sign Agreements & MoUs
12/12/2018 08:09 GMT

Minister of Commerce and Industry H E Ali bin Ahmed Al Kuwari and Dr. Mohammed Hashim Abdul Majeed Al Ani, Iraq’s Minister of Trade, witness the signing of an agreement in Doha. The sixth session of... More

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Saudi Arabia

Saudi Acwa Power Partners with Ecohz for Morocco Project
12/12/2018 08:30 GMT

Saudi-based Acwa Power said it has joined forces with Ecohz, key player in energy sector that offers global renewable energy solutions to businesses, organizations and electricity providers, to... More

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Emirates Steel Sees Expansion into Iraq Amid Tense Metals Market
12/12/2018 09:54 GMT

Emirates Steel, one of the UAE’s largest non-oil companies, is eyeing expansion into Iraq following rebuilding efforts as it looks to diversify into newer economies amid a cooling global market for... More

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Houthis Reject Govt. Proposals over Sanaa Airport in Yemen Peace Talks
09/12/2018 05:09 GMT

Yemen’s Saudi-backed government has proposed reopening the Houthi-held airport in the capital Sanaa on condition planes are inspected in the airports of Aden or Sayun which are under its control, two... More

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General News

Russia to Reduce Liquids Output by in January under OPEC Deal: Novak
12/12/2018 07:19 GMT

Russia will cut its liquids output by 50,000-60,000 b/d in January under the latest agreement with OPEC, energy minister Alexander Novak said Tuesday. "The monthly schedule for the output cut has... More

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