Algeria

Algeria Aims to Develop Shale Gas Despite Challenges
22/01/2018 05:22 GMT

Developing abundant shale gas has become a necessity for Algeria to reverse its declining domestic natural gas production and safeguard its economy. Local gas demand is expected to rise rapidly due... More


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Bahrain

Bahrain Airport Co. Opens Food, Beverage Tender for New Terminal
23/01/2018 09:56 GMT

Bahrain Airport Company (BAC), the operator and managing body of Bahrain International Airport (BIA), announced the commencement of a new tender offer for landside food and beverage (F&B) outlets... More


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Egypt

Air Arabia Egypt to Start Service to Italy
22/01/2018 05:21 GMT

Air Arabia Egypt will commence direct flights to Italy starting from May 4, serving Milan twice a week from its hub in Alexandria, Egypt. The flight will operate on Fridays and Sundays under two... More


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Iran

Iran after FDI in Petchem Sector in 2018
23/01/2018 09:56 GMT

The year 2017 was a tough one for Iran's petrochemical industry. Iran spared no effort to lure foreign investors frightened to invest in Iran. Iran sought to prove security of foreign investments and... More


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Iraq

GKP to Invest Further in Iraqi Block
23/01/2018 09:22 GMT

Gulf Keystone Petroleum (GKP), operator of the Shaikan Block in the Kurdistan Region of Iraq, is providing an operational and corporate update. This is in advance of the Company’s full year results... More


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Kuwait

Kuwait Launches New Campaign for Rehabilitating Water Sector in Yemen
23/01/2018 05:58 GMT

Kuwait launched on Sunday a new campaign aimed at reconstructing water plants in the Yemeni capital Sanaa with total costs of 80 million Yemeni riyals (US$320,000), Kuwait News Agency, KUNA,... More


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Libya

Libyan Oil Terminal Restarts Gas Power Station
23/01/2018 05:06 GMT

The Zueitina oil terminal has managed to restart the gas power station that produces cooking gas, which had been shut in for almost seven years. The cooking gas produced at Zueitina supplied huge... More


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Oman

Oman-Based PTO & Petros Pen MoU
23/01/2018 09:33 GMT

PetroTel Energy Oman LLC (PTO), a subsidiary of US based PetroTel Energy — a privately held exploration and production (E&P) company — has inked a deal with Petroleum Sarawak Berhad (Petros), the oil... More


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Qatar

Qatar Navigation Acquires Largest Container Vessel
23/01/2018 08:12 GMT

Qatar Navigation (Milaha), a leading maritime and logistics conglomerate, has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel. The new vessel will be one of the 17 container... More


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Saudi Arabia

Cargill-Arasco JV Launches Saudi Corn Milling Facility
23/01/2018 08:06 GMT

A joint venture between Cargill and Arasco has opened a new corn milling facility in Al-Kharj, Saudi Arabia, to meet the growing demand of the region's food and beverage industry. The Middle East... More


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UAE

UAE's NMC Health Announces New Acquisitions
23/01/2018 08:14 GMT

UAE healthcare operator NMC Health has announced two new acquisitions worth over USUS$200 million and also the completion of new operating and management (O&M) contract as the company moves to expand... More


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Yemen

Kuwait Launches New Campaign for Rehabilitating Water Sector in Yemen
23/01/2018 05:58 GMT

Kuwait launched on Sunday a new campaign aimed at reconstructing water plants in the Yemeni capital Sanaa with total costs of 80 million Yemeni riyals (US$320,000), Kuwait News Agency, KUNA,... More


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General News

Billions Worth of Investments Announced at WFES in Abu Dhabi
23/01/2018 05:06 GMT

More than US$15 billion worth of projects and funding were announced at the World Future Energy Summit (WFES) and its co-located events, the International Water Summit and EcoWaste Exhibition, which... More


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