09/03/2021 05:36 GMT
Algeria's foreign exchange reserves currently stand at US$42 billion, President Abdelmadjid Tebboune said, down from US$60 billion in the first quarter of 2020. A fall in global crude prices have...
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08/03/2021 05:19 GMT
People in Bahrain have a new destination to flock to over the weekends: the Dilmunia Canal, Phase 1 of which was announced open for the public. The much-awaited project will be celebrated with a...
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08/03/2021 05:18 GMT
SDX Energy Plc announced that it has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West...
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09/03/2021 07:13 GMT
Iranian Ambassador to Iraq Iraj Masjedi and the neighboring Arab country’s Finance Minister Ali Abdul-Amir Allawi conferred on the releasing of Tehran’s frozen funds a day after it said US$3 billion...
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09/03/2021 07:13 GMT
Iranian Ambassador to Iraq Iraj Masjedi and the neighboring Arab country’s Finance Minister Ali Abdul-Amir Allawi conferred on the releasing of Tehran’s frozen funds a day after it said US$3 billion...
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08/03/2021 05:16 GMT
Kuwait's Public Authority for Manpower (PAM) announced that expats working in the government sector are able to transfer their work permits to the private sector. In a statement, PAM pointed out that...
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08/03/2021 08:31 GMT
The new Libyan unity government will restore an oil and gas portfolio as one of 27 ministries to administer the war-ravaged OPEC member until December elections, according to the office of the prime...
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09/03/2021 06:33 GMT
Oman's Public Establishment for Industrial Estates (Madayn) said work is in progress at its Facility Building coming up within the Al Mazunah Free Zone. Valued at more than RO3 million (US$7.7...
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09/03/2021 05:41 GMT
Mesaieed Petrochemical Holding Company (MPHC), one of the region’s premier diversified petrochemical conglomerates based in Qatar, has announced a net profit of QR532 million (US$147.413 million) for...
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09/03/2021 07:29 GMT
Crude exports from Saudi Arabia's oil terminals at Ras Tanura were proceeding normally on March 8, according to commodity data company Kpler, a day after a drone attack targeted the port but did no...
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09/03/2021 06:33 GMT
Sharjah Investment and Development Authority (Shurooq) has announced the opening of two new parks - Kshisha and Shaghrafa - in the Al Rahmaniyah neighborhood in Sharjah, of which one is a female-only...
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09/03/2021 07:29 GMT
Crude exports from Saudi Arabia's oil terminals at Ras Tanura were proceeding normally on March 8, according to commodity data company Kpler, a day after a drone attack targeted the port but did no...
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08/03/2021 09:50 GMT
The Omani government has greeted Thursday’s decision by the OPEC+ alliance to maintain production cuts through April as a “positive step” that helped propel international oil prices to their highest...
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