New Algerian OPEC Governor Named
01/12/2021 09:29 GMT

Algeria has appointed Achraf Benhassine as its new governor to the Organization of the Petroleum Exporting Countries (OPEC), replacing Mohamed Hamel, a person with direct knowledge of the matter told... More

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Bahrain Alba’s Line 6 Project Game-Changer, Hails Chairman
02/12/2021 05:19 GMT

Bahrain’s (Alba) Line 6 expansion project, a US$3 billion game-changer, has made it the world’s largest aluminum smelter outside of China, said the company’s chairman Shaikh Daij bin Salman bin Daij... More

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China Links Key to Success of African Free Trade Initiative: Egypt’s Sisi
02/12/2021 07:21 GMT

Egyptian President Abdel Fattah El-Sisi has highlighted the importance of working with China to the success of an African free trade initiative. Speaking virtually during a meeting of the Forum on... More

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Internet Sales of Rice, Sugar & Eggs Start in Iran
02/12/2021 05:19 GMT

Managing Director of Central Organization for Rural Cooperatives of Iran announced internet sales of rice, oil and sugar have started since 1 December. He said that as of next week, some dairy... More

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Robot Waiters Serve Customers at New Mosul Restaurant
02/12/2021 05:19 GMT

From the rubble of Iraq's war-ravaged city of Mosul arises the sight of androids gliding back and forth in a restaurant to serve their amused clientele. "Welcome", "We wish you a good time in our... More

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Kuwait Suspends Direct Flights with 9 Countries
01/12/2021 05:20 GMT

Kuwait has decided to suspend direct flights with nine African countries over the new Covid-19 variant Omicron. Kuwait will suspend direct commercial flights with South Africa, Namibia, Botswana,... More

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Shell Keen on Libya Return with Oil, Gas, Solar Investments
01/12/2021 06:35 GMT

Royal Dutch Shell is considering a return to Libya with a plan to develop new oil and gas fields and infrastructure, as well as a solar project, two sources said, a decade after exiting the North... More

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Oman & EU Pen Comprehensive Air Transport Agreement
02/12/2021 07:19 GMT

Oman’s Civil Aviation Authority today formally initialed a Comprehensive Air Transport Agreement with the European Union and its member states signaling the sultanate’s ambitions for a more... More

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Qatar Air Opts for Boeing Freighter Amid Airbus Paint Dispute
02/12/2021 05:13 GMT

Qatar Airways has placed an order with Boeing for nearly 50 freighter planes amid its dispute with Airbus, Bloomberg reported citing the chief executive officer of the GCC carrier. Akbar Al-Baker is... More

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Saudi Arabia

Riyadh Metro 7th Most Influential Project of 2021 in PMI List
02/12/2021 05:19 GMT

Saudi Arabia's ambitious Riyadh Metro Network has been named the 7th most influential project of 2021 by Project Management Institute (PMI). Published today (November 25), the list — which made its... More

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India’s CashFree Invests Dubai-Based Teller
02/12/2021 05:14 GMT

Indian payments and banking solutions company CashFree has invested US$15 million in Dubai-based Teller, which provides electronic payment services in the UAE and Saudi Arabia. With this investment... More

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Saudi Aramco Facilities Attacked, Yemeni Houthis Claim
21/11/2021 05:56 GMT

Yemen's Iran-aligned Houthi movement said on Saturday it had fired 14 drones at several Saudi Arabian cities, including at Saudi Aramco facilities in Jeddah. The Saudi-led coalition battling the... More

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General News

OPEC+ Sees Little Impact from SPR on Market
02/12/2021 07:02 GMT

The Organization of the Petroleum Exporting Countries and its allies, a grouping called OPEC+ does not see crude releases from the strategic petroleum reserves of several countries led by the US... More

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