Algeria

52nd International Fair of Algiers Inaugurated
19/06/2019 08:44 GMT

Head of State Abdelkader Bensalah inaugurated Tuesday, at the Exhibition Centre, the 52nd International Fair of Algiers (FIA 2019), an event marked by the participation of more than 500 national and... More


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Bahrain

2nd Phase of VAT to Begin in Bahrain
19/06/2019 04:13 GMT

Medium-sized enterprises and a substantial number of small businesses must register for VAT by Thursday. It marks the second phase of VAT rollout and businesses with turnovers exceeding BD500,000... More


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Egypt

Egypt Targets Lower Gasoline Deficit Next FY
19/06/2019 04:13 GMT

The ministry of petroleum and mineral resources aims to reduce the gap between the domestic production of gasoline and consumption to 3.8% during the next fiscal year (FY), bringing the total... More


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Iran

No Demand for Iran Heavy Crude Oil Offer on Energy Exchange
19/06/2019 06:11 GMT

According to a report, 3rd round of heavy crude offering on Iran Energy Exchange (IRENEX) failed. Two million barrels of heavy crude oil offered on the market on 18 June 2019 at the base price of... More


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Iraq

Rocket Explodes Near Exxon Oil Field Workers' Camp in Iraq
19/06/2019 09:19 GMT

A rocket attack near an Exxon Mobil Corp. workers’ camp in southern Iraq had no effect on oil fields or exports, according to a person with knowledge of the matter. It wasn’t immediately clear... More


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Kuwait

Kuwait Ruler to Visit Iraq amid ME Tensions
19/06/2019 07:46 GMT

Kuwait’s ruling emir will visit Iraq on Wednesday, state news agency KUNA reported, saying the trip comes amid escalating regional tensions after attacks on tankers near the Strait of Hormuz. Six... More


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Libya

Libyan SOC Successfully Completes Testing of New Well
16/06/2019 07:58 GMT

Sirte Oil Company (SOC), a fully-owned subsidiary of Libyan state-run oil and gas firm NOC, successfully completed testing of development well E 111-20, located in the Raguba oil field. The well will... More


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Oman

GCC Common Market Committee Holds 26th Meeting in Muscat
19/06/2019 04:16 GMT

The twenty sixth meeting of the GCC Common Market Committee was held at the headquarters of the GCC Statistical Center in Muscat. The meeting discussed a number of important topics including the... More


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Qatar

S. Korean Firms to Attend Qatar Korea ITS Roadshow
19/06/2019 08:04 GMT

As many as 13 South Korean companies specializing in Intelligent Transportation System (ITS) will showcase their technologies and expertise with their Qatari counterparts at the first Qatar Korea ITS... More


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Saudi Arabia

Iran & KSA Make Surprise Investments Close to Each Other in Australia
19/06/2019 05:04 GMT

Oil is not the only commodity which interests Saudi Arabia and Iran with the two Middle East rivals making surprise investments in Australia at roughly the same time and within the same State. Saudi... More


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UAE

Dubai’s Dewa Sets World Record for Gas Turbine Overhaul
19/06/2019 05:25 GMT

Dubai Electricity and Water Authority (Dewa) has broken the world record in major inspection outages by re-engineering the Gas Turbine SGT-4000F overhaul process at the Jebel Ali Power and... More


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Yemen

UN Food Chief Warns Aid Suspension in Yemen Likely to Start This Week
18/06/2019 07:11 GMT

United Nations food chief David Beasley warned on Monday that a phased-suspension of food assistance in Yemen was likely to begin later this week over a diversion of aid and lack of independence in... More


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General News

Kuwait Ruler to Visit Iraq amid ME Tensions
19/06/2019 07:46 GMT

Kuwait’s ruling emir will visit Iraq on Wednesday, state news agency KUNA reported, saying the trip comes amid escalating regional tensions after attacks on tankers near the Strait of Hormuz. Six... More


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