Algeria

Algeria to Double Cereal Output by 2019
05/05/2015 05:21 GMT

The sector of Agriculture and Rural Development plans to double cereal production by the end of the five-year program 2015-2019 to nearly 70 million quintals, against 34 million in 2014, the ministry... More


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Bahrain

Bahrain's EDB Eyeing Better Trade Ties with Germany
05/05/2015 06:20 GMT

A delegation organized by Bahrain's Economic Development Board (EDB) and led by chief executive Khalid Al Rumaihi is in Munich, Germany, to explore trade and investment opportunities. The... More


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Egypt

Egypt to Lease 2nd LNG Import Terminal
05/05/2015 04:21 GMT

Egypt has issued a five-year tender to lease a second liquefied natural gas (LNG) import terminal, the head of the state gas board told Reuters on Monday, seeking to tackle an energy crisis. Egypt... More


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Iran

Deputy Minister on Iran’s Mineral Reserves
05/05/2015 09:25 GMT

Deputy Minister of Industry, Mine and Trade Jafar Sargheini put Iran's mineral reserves at 43 billion tons. The former minister of industry, mine and trade under President Mahmoud Ahmadinejad had put... More


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Iraq

Iran’s Exports to Iraq through Border Points
05/05/2015 06:25 GMT

Iran exported US$6 billion worth of goods to Iraq in 1393 (March 2014-2015), Deputy Minister of Road and Urban Development Davoud Keshavarzian announced. Keshavarzian, in a ground breaking ceremony... More


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Kuwait

Saudi Group Buys Into Kuwaiti Abyat
04/05/2015 05:32 GMT

Saudi Arabia's Al Muhaidib Group has bought a 35% stake in building supplies and hardware retailer Abyat, the adviser to the Kuwaiti-based chain said on Monday. The deal will help Abyat expand into... More


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Libya

Protesters Shut Down Oil Port East of Libya
05/05/2015 05:12 GMT

Protesters demanding state jobs have shut down the eastern Libyan oil export port of Zueitina, a port engineer said on Monday. No more information was immediately available. Libyan oil ports and... More


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Oman

AECOM to Design Phase II of Oman's Duqm Frontier Town
05/05/2015 09:04 GMT

Duqm Development Company SAOC (DDC) has signed a contract with AECOM Oman to develop the Feasibility Study, Master Plan and Detail Design for Phase II of Duqm Frontier Town. Shaikh Ibrahim Sultan al... More


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Qatar

Rotana to Add New Properties in UAE, KSA, Qatar & Bahrain
05/05/2015 05:16 GMT

Rotana has announced plans to substantially grow its portfolio in 2015 with the addition of 11 new properties spanning the United Arab Emirates, Saudi Arabia, Qatar, Bahrain and Turkey, in addition... More


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Saudi Arabia

Cyprus President, Saudi Prince Discuss Global Economic Climate
05/05/2015 08:47 GMT

Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC) and an accompanying delegation, visited the Republic of Cyprus. During the visit, Prince Alwaleed met with President Nicos... More


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UAE

UAE's Emaar Hospitality to Manage 4 Projects in Bahrain
05/05/2015 06:01 GMT

Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, has announced its expansion to Bahrain with plans to open four new properties. The group has also... More


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Yemen

Brent Dips on Saudi Plan to Halt Yemen Bombing
05/05/2015 05:04 GMT

Brent crude oil futures slipped towards US$66 a barrel on Tuesday, falling from a 2015 high, as Saudi Arabia considered halting bombing in Yemen to allow the delivery of aid, which eased concerns... More


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General News

ATM 2015 Opens in Dubai
05/05/2015 05:50 GMT

Arabian Travel Market (ATM) 2015, the region's biggest travel and tourism event, opened 4 May in Dubai, UAE with a focus on the family travel market, as new data revealed preference for destinations,... More


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