08/04/2021 10:12 GMT
The Government has examined a draft executive decree defining the modalities of granting reduced rates of the hydrocarbon royalty and income tax, said the Prime Ministry in a communiqué. This draft...
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08/04/2021 08:37 GMT
Investcorp, a leading global provider and manager of alternative investment products, has announced it has agreed the sale of Kee Safety Group Ltd to its management team, supported by Intermediate...
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08/04/2021 11:09 GMT
Meggitt PLC, has secured a contract with ENPPI for the supply of Printed Circuit Heat Exchangers (PCHEs) for the Western Desert Gas Complex (WDGC) expansion in El-Amreya, Alexandria, Egypt. The...
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08/04/2021 05:51 GMT
The calendar year of 1399 (March 2020-21) can be called the year of the country's refining industry with the fourfold growth of oil products exports and Iran's joining the gasoline exporters...
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08/04/2021 10:52 GMT
The Iraqi budget confronted issues of unemployment, currency devaluation and non-oil revenues and was passed as lawmakers prepare for October's general election; the challenge is implementation. It...
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07/04/2021 09:07 GMT
United Oil & Gas (UOG) announced that with operator Kuwait Energy, a discovery has been made with the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt. The ASD-1X exploration well,...
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06/04/2021 09:32 GMT
Libya’s NOC announced that work has begun to connect all oil fields to the optical fiber communication network. The project is a join collaboration between the National Oil Corporation and the New...
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08/04/2021 10:31 GMT
The Capital Market Authority (CMA) has issued an administrative decision specifying the credit rating for the investment of the assets of insurance and Takaful companies outside the Sultanate of...
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08/04/2021 04:48 GMT
Qatar Airways expects to take delivery of its “first three” 777X passenger jets in 2023, Group Chief Executive HE Akbar al-Baker said Tuesday.
“Boeing has already notified us that there will be a...
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08/04/2021 10:47 GMT
KPMG said it will convert its Saudi Arabian unit from a professional partnership to a closed joint stock company, enabling the audit and advisory firm to expand across the Kingdom and in the regional...
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08/04/2021 10:43 GMT
UAE President Sheikh Khalifa bin Zayed has appointed Khalid Al-Tameemi as governor of the UAE’s central bank, state news agency WAM said, citing a decree issued on Wednesday. Tameemi, who was...
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08/04/2021 10:43 GMT
Yemen’s Minister of Planning and International Cooperation, Waid Batheeb, discussed on Wednesday a recovery plan for the interim capital Aden with the World Bank and the reopening of the...
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08/04/2021 04:53 GMT
The International Air Transport Association (IATA) called on governments in the Middle East to develop re-start plans to safely re-link their citizens, businesses and economies to global markets when...
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