19/10/2017 09:13 GMT
Algeria said Wednesday that the government will take a series of decisions, including earmarking a budget of US$40 billion to boost economic recovery process.
Algerian Prime Minister Ahmed Ouyahia...
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19/10/2017 07:06 GMT
Investcorp, a leading Bahraini provider and manager of alternative global investment products, has announced that it has agreed to acquire Kee Safety, a global supplier of safety solutions and...
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19/10/2017 09:53 GMT
Egypt’s economy will grow 4.4% in the fiscal year that began in July, well below government projections of 5.0%-5.25%, a Reuters poll showed on Tuesday. The figure is also below the 4.5% prediction...
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19/10/2017 05:29 GMT
The Islamic Republic of Iran will host the upcoming conference and exhibition of the Asia Pacific Natural Gas Vehicles Association (ANGVA) in Tehran. The National Iranian Oil Refining and...
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19/10/2017 10:13 GMT
Petrofac has been awarded a contract, valued at around US$30 million, to undertake Project Management Consultancy, PMC, services for the Halfaya Contract Area ( Halfaya Oil Field ) in southern Iraq....
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17/10/2017 06:35 GMT
The CEO of the Kuwait National Petroleum Company, KNPC, Mohammad Al-Mutair, has said that the total volume of expenditure on the environmental fuel project amounted to KWD3.1 billion (~US$10.25...
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19/10/2017 06:45 GMT
Libya's oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability and a better life for the divided North African...
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19/10/2017 06:13 GMT
Oman’s economic growth will slow to just 0.3 % this year – its weakest since 2011 – on the back of a drop in oil output, before recovering to 2.8 % in 2018 as gas production expands and the non-oil...
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19/10/2017 09:48 GMT
Qatar's Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada has reiterated Qatar’s determination “to remain a leading player and a reliable supplier of LNG” and said lifting the North Field...
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19/10/2017 11:06 GMT
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) through its local subsidiary, MHPS Saudi Arabia, Co., opened its new Turbine Rotor Repair Facility in Dammam, and announced plans to manufacture its most...
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19/10/2017 11:00 GMT
Abu Dhabi Crude Oil Pipeline, indirectly wholly owned by Abu Dhabi's state-owned oil company ADNOC , on Thursday starts a series of fixed-income investor meetings ahead of a planned US$3 billion...
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24/09/2017 09:26 GMT
The GCC member states have provided assistance to Yemen worth more than US$15 billion over the last ten years, a senior GCC official revealed.
''Since 2015 until August 2017, the amount of...
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19/10/2017 09:44 GMT
OPEC is leaning towards extending a deal with Russia and other non-members to cut oil supply for a further nine months, four OPEC sources said, although stronger-than-expected demand growth may allow...
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