Algerian Sonatrach to Support Forest Protection Program
13/01/2021 05:56 GMT

Algeria’s national oil and gas company Sonatrach has reaffirmed its support for the annual reforestation and forest protection program, a group statement said. The CEO of Sonatrach, Toufik Hakkar,... More

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National Bank of Bahrain Pens Agreement with Israeli Banks
18/01/2021 08:19 GMT

Israel’s two largest banks said on Sunday they had reached agreements with the National Bank of Bahrain (NBB) that will allow their customers to carry out financial transactions and banking... More

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Bahraini Bank to Acquire Blom Bank Egypt
18/01/2021 06:21 GMT

Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into an agreement with Blom Bank Lebanon to acquire its 99.4% stake of... More

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Foreign Tobacco Companies Hold 75% Share of Iran’s Market
18/01/2021 09:53 GMT

Managing Director of Iranian Tobacco Company said that according to the foreign trade law, foreign companies can maintain a 35% share of the market. Siavash Afzali said that this is while based on... More

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Iraq Extends Travel Ban
18/01/2021 06:21 GMT

Iraq's Higher Committee for Health and National Safety held a meeting on Wednesday under the chairmanship of Prime Minister Mustafa Al-Kadhimi. The Committee reviewed the latest Covid-19 related... More

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All of UOG’s Q4 Production from Kuwait Energy Egypt License
18/01/2021 05:21 GMT

All of United Oil & Gas PLC (UOG) production for the period was from the Kuwait Energy Egypt (“KEE”) operated Abu Sennan License, Egypt, in which United holds a 22% working interest. This data will... More

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Libya's Sanalla Attends 13th OPEC+ Ministerial Meeting
13/01/2021 07:35 GMT

The Chairman of the Board of Directors of Libya’s National Oil Corp (NOC), Eng. Mustafa Sanalla, participated in the 13th OPEC and non-OPEC Ministerial Meeting held via videoconference. The Meeting... More

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Oman to Close Land Borders for One Week
18/01/2021 10:28 GMT

Oman’s Supreme Committee said that the land borders of the Sultanate will be closed for one week, extendable, from January 18, starting from 6 pm, a media report said. The move comes after the... More

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Qatar Insurance Sector Stands to Gain from Tourism, Realty Boost: S&P
18/01/2021 06:31 GMT

Qatar's intraregional travel, tourism and real estate sectors will benefit the most, lifting the prospects of the insurance sector, as the end of blockade will improve political and economic... More

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Saudi Arabia

Jubail Aims to Build 1st Saudi-Made Car by 2022
18/01/2021 06:21 GMT

The Royal Commission in Jubail started developing the infrastructure required for attracting three global automakers, Mohammad Al-Zahrani, Director of Industrial Investment Development Department... More

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UAE Firms Form New Hydrogen Alliance
18/01/2021 07:50 GMT

Mubadala Investment Company, Abu Dhabi National Oil Company (Adnoc), and ADQ have announced the signing of a memorandum of understanding (MoU) to establish the Abu Dhabi Hydrogen Alliance. The... More

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Saudi-Yemeni Collaboration Aims to Support Housing, Employment Sectors
17/01/2021 10:53 GMT

The Saudi Development and Reconstruction Program for Yemen (SDRPY) has signed a number of agreements with Alwaleed Philanthropies, the charitable organization set up by Prince Alwaleed bin Talal... More

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General News

StarzPlay Pens ME Deal
18/01/2021 06:19 GMT

Dubai-based StarzPlay has signed a deal with Abu Dhabi Media to livestream UFC content and events across the Middle East. The broadcasting agreement comes ahead of the return of UFC Fight Island to... More

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