Algeria

Algerian Minister Insists on Honoring OPEC+ Commitments
20/10/2020 10:58 GMT

Minister of Energy Abdelmadjid Attar insisted Monday on the importance, for the signatory countries of the OPEC and non-OPEC Declaration of Cooperation, to honor the commitments to reducing the... More


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Bahrain

Bahrain-Based Investcorp Lists BinDawood Holding on Saudi Tadawul
22/10/2020 09:42 GMT

Bahrain-based Investcorp, a leading global provider and manager of alternative investment products, has announced the successful listing of its portfolio company BinDawood Holding on the Saudi Stock... More


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Egypt

Abdul Latif Jameel Energy Expands Water Sector Portfolio with Egypt Acquisition
22/10/2020 05:21 GMT

Abdul Latif Jameel Energy has reinforced its investment in the Middle East and Africa water sector with the acquisition of a major desalination services company in Egypt. Almar Water Solutions, Abdul... More


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Iran

Iran to Hold Specialized Exhibition in Kirkuk in Late October
22/10/2020 05:23 GMT

Trade Promotion Organization of Iran (TPO) in collaboration with a domestic organizer is planning to hold the first specialized exhibition of Iranian goods and services in the city of Kirkuk in... More


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Iraq

Iraq Invites Intl. Bidders to Mansuriya Gas Field
22/10/2020 10:53 GMT

Iraq has invited international bidders to develop its Mansuriyah Gas Field near the Iranian border, Iraqi Oil Minister Ihsan Abdul Jabbar told the state news agency INA last week. The invitation... More


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Kuwait

Kuwaiti Food Delivery App to Enter Iraq
20/10/2020 05:13 GMT

Kuwait-based food and grocery delivery app Talabat has announced the expansion of its services into Iraq. The app, which operates in eight markets throughout the MENA region, will initially launch... More


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Libya

Libya’s Abu Attifel Oil Field Restarts Oil Production
21/10/2020 06:50 GMT

Abu Attifel is the latest oil field in Libya to restart as the recovery in the OPEC member's production starts to pick up speed, industry and trading sources said Oct. 20. Libya's crude and... More


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Oman

VAT Registration in Oman to Start in January
22/10/2020 05:23 GMT

Businesses in the Sultanate that fall under the remit of the Value Added Tax (VAT) regime when it comes into force with effect from April 2021 will be required to get registered with the Tax... More


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Qatar

Matrade Official Reports Qatar-Malaysia Trade in 2019
22/10/2020 12:42 GMT

Qatar and Malaysia’s total trade volume reached US$840.1 million in 2019, according to Malaysia External Trade Development Corporation (Matrade) trade commissioner Omar Mohd Salleh. Malaysia’s total... More


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Saudi Arabia

Saudi Minister Stresses Importance of Public-Private Partnership for Sustainable Growth
22/10/2020 10:33 GMT

Saudi Investment Minister Khalid Al-Falih on Wednesday stressed the need for a strong public-private partnership to ensure sustainable growth. He was addressing a session at the World Digital Summit... More


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UAE

UAE Cabinet Approves Amendments to Provisions of Bankruptcy Law
22/10/2020 10:22 GMT

The UAE Cabinet has amended bankruptcy law, adding new articles related to emergencies affecting trade or investment such as a pandemic, natural or environmental disaster, to provide a fillip to the... 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

Dammam-Based APICORP Raises Additional Fund from Existing Bonds
22/10/2020 10:16 GMT

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution based in Dammam, successfully raised US$250 million through the reopening of existing bonds.... More


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