Algeria

Algerian Parliament Amending & Supplementing Civil Aviation Law
18/02/2019 10:37 GMT

The bill on the civil aviation presented Sunday during a plenary session of the Algerian People’s National Assembly (APN-Lower House), aims at completing some clauses in the bill which defines the... More


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Bahrain

Bahrain-Based Investcorp Inaugurates India Office
19/02/2019 05:16 GMT

Bahrain-based Investcorp, a global leader in of alternative investment products, has launched Investcorp India Asset Managers Limited and opening of its India office with US$450 million assets under... More


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Egypt

Next Phase of West Nile Delta Sees First Gas
17/02/2019 05:15 GMT

BP saw first gas production from its second stage of its West Nile Delta development offshore Egypt. The project, which produces gas from the Giza and Fayoum fields, was developed as a deepwater,... More


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Iran

Majlis Obligates Govt. to Supply Energy Carriers in Border Areas at IRENEX Price
19/02/2019 05:19 GMT

Majlis members agreed on Amendment 3 of Note 1 of the 1398 (March 2019-20) Budget Bill in an open session on Sunday (17 February). The amendment declares the government is obligated to supply energy... More


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Iraq

To Fight Off Unemployment, Iraqi Youth Plant Start-Up Seeds
19/02/2019 05:16 GMT

Stuck between an endless waitlist for a government job and a frail private sector, Iraqi entrepreneurs are taking on staggering unemployment by establishing their own start-ups. The first murmurs of... More


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Kuwait

Official: Solar Tech Will Become Competitive in Kuwait
19/02/2019 05:19 GMT

Renewable energies have recently seen remarkable growth in most developed countries where they find ways to save oil and gas consumption and reduce carbon emissions in the environment, but have the... More


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Libya

US Presses for Security Deal to Allow Libya to Restart Sharara Oil Field
17/02/2019 07:21 GMT

The US is concerned by ongoing tensions in southern Libya that have prolonged the closure of the 340,000 b/d Sharara oil field and other critical crude export infrastructure, the State Department... More


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Oman

Potential for Seabed Mining in Oman’s Extended Continental Shelf
19/02/2019 05:19 GMT

An extension of Oman’s continental shelf, for which an application was made by the government to the United Nations two years ago, could potentially open up opportunities for seabed mining in the... More


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Qatar

Qatari Minister Meets Cuban Foreign Trade & Investment Minister
19/02/2019 05:16 GMT

H E Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, met with Minister of Foreign Trade and Investment of Republic of Cuba, Rodrigo Malmierca, who is currently visiting the country. The... More


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Saudi Arabia

Official Report: KSA Attracts Tens of Billions in Foreign Investment in 4 Years
19/02/2019 05:19 GMT

Saudi Arabia attracted US$43 billion worth of foreign investment between 2013 and 2017, a study by the Chamber of Commerce and Industry in Riyadh has found. The 493 investments were made by 361... More


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UAE

UAE Regional Hub for 24% of World's 500 Top Companies
19/02/2019 05:19 GMT

Business activities have played a major role in leading the UAE regionally and globally in more than 10 sub-indicators in the doing business report and being a regional hub for more than 24% of the... More


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Yemen

Minister: Yemen Aims Higher Oil, LNG Exports in 2019
11/02/2019 09:42 GMT

The government in Yemen hopes to scale up its crude production to 110,000 barrels per day (bpd) in 2019, with exports touching about 75,000 bpd, the country’s oil minister said on Sunday. The... More


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General News

Rohani Says Iran Ready to Improve Ties with GCC States
18/02/2019 10:51 GMT

Iran is ready to work with all of its neighbors to secure peace in the Middle East in the face of U.S. and Israeli aggression, President Hassan Rohani said on Sunday, in his latest attempt to weaken... More


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