Statoil Reviews Security Measures to Return to Algeria’s Amenas
24/07/2014 10:19 GMT

Norway's Statoil has sent up to 10 workers to Algeria's In Amenas gas plant to review new security measures after a militant attack last year, and could decide within weeks whether to permanently... More

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Bahraini Carrier Receives 1st Retrofitted Aircraft
24/07/2014 10:06 GMT

Gulf Air has received its first retrofitted A330 aircraft at Bahrain International Airport yesterday (July 22), arriving from Canada. The plane is newly-configured for a total of 214 seats in a... More

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Egyptian Steel Firms File Anti-Dumping Petition
24/07/2014 06:58 GMT

Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey, and Ukraine, one of its top steelmakers said, the latest move in a years-long quest to protect the... More

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Boeing Reportedly Inks Deal with Iran Air
24/07/2014 09:45 GMT

Aerospace giant Boeing has reportedly signed a deal with Iran Air to provide the Iranian flag carrier airline with plane parts. A regulatory filing reads that Boeing will provide goods and services... More

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Oil Exports from South of Iraq Near Record
24/07/2014 06:43 GMT

Iraq's oil exports from its southern terminals in July rose to a near-record rate, according to loading data and industry sources, remaining unaffected by fighting in other parts of the country. An... More

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Q1 Net Profit of Kuwaiti Qurain Announced
24/07/2014 07:15 GMT

Qurain Petrochemical Industries Company (QPIC) has announced a net profit of KD0.93 million (US$3.3 million) for the first quarter of the 2014/2015 financial year ended June 30, 2014, which was a... More

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Security Threats Force Philippines to Evacuate Staff from Libya
24/07/2014 06:37 GMT

The Philippines is urgently working to get its nationals out of Libya amid the deteriorating security situation in the North African country following reports that a Filipino was killed by alleged... More

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Oman Air Launches Flights to Duqm
24/07/2014 10:03 GMT

Oman Air will launch flights to the new Omani regional airport at Duqm from Wednesday (23 July 2014), when the new airport opens. The airlines will operate four flights per week from Muscat using an... More

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Qatar Railways & QSTec Sign Deal to Use Solar Tech
24/07/2014 10:01 GMT

Qatar Solar Technologies (QSTec) has signed a deal with Qatar Railways Company to explore opportunities that may lead to the installation of up to 80 megawatts of solar technology within Qatar’s... More

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Saudi Arabia

Saudi Air Arabia Official Wins Award
24/07/2014 10:06 GMT

Adel Ali, Group Chief Executive of Air Arabia, the first and largest low-cost carrier in the Middle East and North Africa, has won the “Airline Business Award” at the esteemed Airline Strategy Awards... More

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Abu Dhabi TAQA Cancels Power Plant Deal with India
24/07/2014 10:19 GMT

Abu Dhabi National Energy Co (TAQA) is pulling out of a US$1.6 billion deal to buy two Indian hydroelectric power plants because of "a change in strategy", a senior TAQA official told Reuters on... More

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Yemen Wrestles towards Fuel Prices Overhaul
22/07/2014 06:34 GMT

The public mood is a big risk for the government as it tries to shore up its rickety finances. One of the poorest countries in the Arab world, Yemen's economy has always struggled, but political... More

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General News

Cyber Attacks Threaten ME Firms
24/07/2014 10:08 GMT

Cyber criminals in Nigeria have evolved common malware campaigns to infiltrate businesses in the Middle East that have not previously been their primary targets, a recent report has warned. The new... More

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