Algeria

Algerian Sonatrach Installs Industrial Compliance Monitoring Committee
30/09/2020 10:08 GMT

As part of the management of the issue of encroachment on the protection perimeters of Sonatrach installations and hydrocarbon structures, the Chairman and CEO of Sonatrach proceeded, on September... More


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Bahrain

Bahrain to Continue Helping with Private Sector’s Salary Payments
30/09/2020 05:17 GMT

Bahrain's Cabinet has decided that the government will continue to pay 50% of the salaries of insured Bahraini citizens working in the most adversely affected enterprises within the private sector... More


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Egypt

Egypt Issues 1st Green Bonds in MENA
30/09/2020 09:20 GMT

Egypt on Tuesday issued its first-ever green sovereign bonds, the first in the Middle East and North Africa (MENA), as part of its efforts to implement renewable energy projects to combat pollution.... More


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Iran

Iran’s Rohani: Currency Must be Provided through Non-Oil Exports
30/09/2020 10:04 GMT

Iran's President Hassan Rohani said that non-oil exports are responsible for providing the currency needed by the country. Rohani stated on Wednesday that Iran is facing bigger problems in oil... More


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Iraq

Iraq Plans to Build N-Reactor for Research Purposes
29/09/2020 05:10 GMT

Iraq's Prime Minister Mustafa Al-Kadhimi has ordered the formation of a committee tasked to build a nuclear reactor for research purposes, the Iraqi Radioactive Sources Regulatory Authority (IRSRA)... More


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Kuwait

Kuwaiti Emir Sheikh Sabah Al-Sabah Passes Away
30/09/2020 06:01 GMT

Kuwait's Emir Sheikh Sabah Al-Ahmed Al-Sabah has died at the age of 91, state media reported. His death was announced by the Emiri Diwan. "With deep sadness and sorrow the Emiri Diwan sends its... More


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Libya

AGOCO: Libya's Sarir Oilfield Resumes Output
30/09/2020 09:15 GMT

Libya’s Sarir oilfield has restarted production, the head of the company that operates it said on Tuesday, after eastern forces lifted an eight-month blockade on energy facilities. However, AGOCO... More


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Oman

Oman Air to Relaunch Scheduled Services
30/09/2020 05:20 GMT

Oman Air, the national carrier of Oman, will return to scheduled service on October 1 with flights to 16 cities in 12 countries. The airline will connect Muscat with London, Istanbul, Frankfurt,... More


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Qatar

Baker Hughes Nets Major Qatar Petroleum Order
30/09/2020 09:01 GMT

Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by... More


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Saudi Arabia

Major Saudi Fund Inks Tourism Projects Finance Deal
30/09/2020 08:38 GMT

Saudi Arabia’s Tourism Development Fund has reached an agreement with local banks - Riyadh Bank and Banque Saudi Fransi - for funding of up to SR160 billion (US$42.66 billion) to develop major... More


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UAE

Moro Hub Joins Forces with Smart Dubai to Empower Govt. Entities
30/09/2020 09:32 GMT

Moro Hub, a wholly-owned subsidiary of DEWA has announced its collaboration with Smart Dubai for the provision of a high-end node at Moro Hub to accelerate the digital transformation initiatives of... 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

Oil Dips as Rising Virus Cases Lead to Concerns over Demand
30/09/2020 10:31 GMT

Oil prices fell for a second day on Wednesday, extending large losses from the previous as rising coronavirus cases heading into the northern winter prompted concerns about further restrictions on... More


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