19/12/2013 07:51 GMT
The Algerian Electricity Production Company (SPE), subsidiary of Group Sonelgaz, assigned provisionally the construction of six power plants to several international groups for an amount of US$4.04...
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19/12/2013 07:44 GMT
Bahrain's economy has bounced back, growing by 4.6% in the third quarter of this year. The overall GDP at constant prices stood at BD2,696 million (US$7.15 billion) in the third quarter, up from...
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19/12/2013 10:06 GMT
Minister of Petroleum Sherif Ismail has signed a new agreement in oil and gas exploration field in Gulf of Suez with a minimum of US$22.5 million in investments, according to a statement from the...
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19/12/2013 06:52 GMT
Iran will export 4 million tons of iron and steel products to neighboring countries, particularly Iraq, by the end of the current Iranian year (20 March 2014). The figure stood at two million tons in...
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19/12/2013 07:51 GMT
Dubai-based MAG Container Lines, a division of the multinational MAG Group, has added three new automated vessels to its existing fleet, boosting potential capacity on its busy Iraq shipping route by...
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18/12/2013 10:41 GMT
Technip said it has won a consultancy services contract worth over US$400 million from Kuwait Oil Company (KOC) for the construction of its new oil and gas infrastructure facilities, as well as...
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16/12/2013 07:56 GMT
The leader of an autonomy movement in eastern Libya said on Sunday he will not order his militia troops to end the blockade of several oil-exporting ports. "We will not reopen the ports," Ibrahim...
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19/12/2013 07:50 GMT
The Public Authority for Investment Promotion and Export Development (PAIPED) Chairman, Dr Salem ben Nasser al Ismaily led the Sultanate’s delegation at the third Japan-Arab Economic Forum, held in...
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19/12/2013 07:44 GMT
Commercial Bank of Qatar is open to tie-ups with local financial institutions and could sell bonds next year to fund infrastructure lending in the GCC state, its recently appointed chief executive...
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19/12/2013 07:51 GMT
Saudi Electricity Co (SEC) has signed a US$366 million loan agreement with the Japan Bank for International Cooperation (JBIC) and two Japanese banks to help finance the construction of a 2,650...
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19/12/2013 07:51 GMT
Dubai-based MAG Container Lines, a division of the multinational MAG Group, has added three new automated vessels to its existing fleet, boosting potential capacity on its busy Iraq shipping route by...
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16/12/2013 05:29 GMT
Yemen’s foreign currency reserves slipped to US$5.6 billion in October, their lowest since August 2012, as oil exports fell again, adding to the impoverished nation’s fiscal problems, central bank...
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19/12/2013 07:48 GMT
Bahrain is expected to enforce a unified GCC law to regulate domestic workers next year, said a senior government official, adding that a team from the GCC countries was working on finalizing the...
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