Algeria

Algerian Govt. Intends to Simplify Clearance of Upgraded Production Lines
27/01/2022 11:40 GMT

A Government meeting chaired Wednesday by the Prime Minister, Minister of Finance, Aimene Benabderrahmane discussed a draft executive decree on the simplification of procedures for granting... More


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Bahrain

Deputy PM Receives Bahrain's SEA President
27/01/2022 05:59 GMT

Bahrain's Deputy Prime Minister Shaikh Mohammed bin Mubarak Al Khalifa received Sustainable Energy Authority (SEA)'s President Dr. Abdulhussain bin Ali Mirza. The deputy prime minister expressed his... More


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Egypt

Egypt Explores Possible Mechanisms for Financing Renewable Energy Projects
27/01/2022 09:34 GMT

Minister of Environment Yasmine Fouad is expected to meet with the Ministers of Petroleum and International Cooperation to discuss many issues related to new and renewable energy projects and ways to... More


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Iran

Iran Eyes New Strategy for Running Intl. Projects at IGEDC
27/01/2022 06:05 GMT

The Managing Director of the Iranian Gas Engineering and Development Company (IGEDC) stated: “There are many opportunities to improve and advance in the management of the company's projects with a... More


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Iraq

Kuwait Energy Basra Limited Awards Deal to Chinese Consortium
27/01/2022 11:50 GMT

Kuwait Energy Basra Limited (KE Basra), an indirect wholly-owned subsidiary of Hong Kong-based United Energy Group (UEG), has signed an EPCC contract on Block 9 with a Chinese consortium to provide a... More


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Kuwait

Kuwait Energy Basra Limited Awards Deal to Chinese Consortium
27/01/2022 11:50 GMT

Kuwait Energy Basra Limited (KE Basra), an indirect wholly-owned subsidiary of Hong Kong-based United Energy Group (UEG), has signed an EPCC contract on Block 9 with a Chinese consortium to provide a... More


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Libya

Parliament Publishes Criteria in Push to Replace Libyan PM
27/01/2022 06:02 GMT

Libya's eastern-based parliament published a series of criteria for candidates to govern the country on Tuesday, in a bid to replace interim Prime Minister Abdul Hamid Dbeibah. Dbeibah is a rival of... More


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Oman

Omani ETCO Pens MOU with Virgin Orbit to Foster Coop. in Space Industry
27/01/2022 06:00 GMT

The Sultanate of Oman represented by ETCO, an Oman-based emerging technology innovator; Virgin Orbit, a leading US-based satellite launch company; SatRevolution, a Polish nanosatellite manufacturer... More


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Qatar

Rise in Qatar Industrial Production
27/01/2022 06:05 GMT

Qatar's industrial production increased by a robust 1.8% year-on-year in November 2021, mainly lifted by stronger production in the manufacturing sector, according to the Planning and Statistics... More


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Saudi Arabia

PwC to Implement Renewable Energy Projects in Saudi Arabia
27/01/2022 09:36 GMT

Saudi Arabia’s Public Investment Fund, PIF, has selected the global consulting firm PwC as an advisor on six renewable energy projects, including wind and solar plants. The projects will be... More


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UAE

UAE’s ADNOC Debt Issuer Holds Investor Meetings Ahead of Debut Bonds
27/01/2022 11:54 GMT

Abu Dhabi National Oil Company’s newly set up debt-issuing unit, ADNOC Murban, began holding investor meetings on Tuesday ahead of its debut bond sale expected this year, an investors’ note seen by... More


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Yemen

KSrelief, Unicef Pen Yemen Agreement
27/01/2022 11:14 GMT

A US$10 million cooperation agreement has been signed between Saudi-based King Salman Humanitarian Aid and Relief Centre (KSrelief) and United Nations Children's Fund (Unicef) with the aim to provide... More


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General News

Oil Dips as US Fed’s Pending Interest Rate Hike Spooks Investors
27/01/2022 11:57 GMT

Oil prices fell on Thursday as the US dollar strengthened following signs that the US Federal Reserve will tighten monetary policy in the world’s biggest oil user. Futures pulled back amid a broader... More


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