Algeria

Djerad Chairs Forum on Investment in Agriculture, Agri-food Industry in Algiers
13/04/2021 08:43 GMT

The Forum on Investment in Agriculture and the Agri-food Industry opened Monday at the International Conference Center (CIC) Abdelatif Rahal in Algiers, under the chairmanship of Prime Minister... More


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Bahrain

Bahrain's National Carrier Operates 1st Transcontinental Lower Emission Flight
14/04/2021 05:16 GMT

Gulf Air, the national carrier of the Kingdom of Bahrain, recently operated its first transcontinental lower emission flight which took off from Helsinki in Finland to Bahrain International... More


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Egypt

Egyptian Electricity Transmission Eyes Investments in FY21/22
14/04/2021 07:23 GMT

The Egyptian Electricity Transmission Company (EETC) aims to invest EGP 13.383 billion (US$851.2 million) in network replacement, renovation, and expansion projects aimed at improving the performance... More


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Iran

Iran's Rohani Call for Acceleration of Oil Projects with Russia
14/04/2021 08:16 GMT

Iran and Russia have held high-level talks on bilateral ties, the region, and Iran’s nuclear deal with world powers during Russian foreign minister Sergey Lavrov’s trip to Tehran on Tuesday.... More


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Iraq

Central Bank Says No Further Devaluation of Iraqi Dinar
14/04/2021 03:44 GMT

The Deputy Governor of the Central Bank of Iraq (CBI) has reassured the markets that there will be no further devaluation of the Iraqi dinar. Ammar Mohammed said: "It was important to change the... More


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Kuwait

Minister Reports Kuwait's Al-Zour Refinery Completion Rate
14/04/2021 07:18 GMT

The Minister of Oil and Minister of Higher Education Dr Muhammad Al-Fares revealed that the completion rate of the Al Zour Refinery (4th Refinery) project reached 97.83% at the end of February 2021,... More


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Libya

Libyan Pay Dispute Returns, Could Lead to Some Oil Port Closures
13/04/2021 04:46 GMT

The dispute over so-called field allowances paid to Libya's Petroleum Facilities Guard has returned, with the potential to lead to some oil terminal closures later this month, industry sources said... More


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Oman

Petroleum Development Oman Names New Managing Director
14/04/2021 06:02 GMT

Petroleum Development Oman (PDO) announced on Tuesday the appointment of Steve Phimister, currently Shell’s Vice-President of Upstream in the UK, as PDO Managing Director to succeed Raoul Restucci... More


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Qatar

Qatar Airways, JetBlue Expand Strategic Partnership
14/04/2021 06:44 GMT

Qatar Airways has announced expansion of its “strategic codeshare” partnership with JetBlue that will offer the US carrier’s passengers “more options and convenience” to book travel to international... More


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Saudi Arabia

Saudi Arabia Signs Agreement to Provide Oil Grant to Yemen
14/04/2021 07:42 GMT

The Saudi Development and Reconstruction Program for Yemen (SDRPY) has signed an agreement to supply oil derivatives to operate more than 80 power stations with the Yemeni government. The agreement... More


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UAE

UAE Partners with Japan's iSpace to Send Rover to Moon in 2022
14/04/2021 07:42 GMT

Japanese space company iSpace will transport a United Arab emirates rover to the moon in 2022, the company announced on Wednesday. Under the agreement, iSpace said it would also provide the Emirates... More


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Yemen

Saudi Arabia Signs Agreement to Provide Oil Grant to Yemen
14/04/2021 07:42 GMT

The Saudi Development and Reconstruction Program for Yemen (SDRPY) has signed an agreement to supply oil derivatives to operate more than 80 power stations with the Yemeni government. The agreement... More


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General News

OPEC Crude Oil Production in March 2021
14/04/2021 03:59 GMT

According to OPEC monthly report in March 2021, the total OPEC crude oil production averaged 25.04 million barrels per day (bpd), down by 0.20 million bpd m-o-m. Based on its latest monthly report... More


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