OPEC Conveys Condolences on Passing of Former Algerian President
21/09/2021 04:16 GMT

OPEC Secretary General, HE Mohammad Sanusi Barkindo, extended his condolences to HE Mohamed Arkab, Algeria's Minister of Energy and Mines and Head of its Delegation to OPEC, on the passing of HE... More

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Bahraini Bank Provides Financial Facilities to EWA
22/09/2021 05:17 GMT

BBK, Bahrain’s pioneer in retail and commercial banking, announced that it has issued a 50 million Bahraini dinar (~US$132.6 million) loan to the Electricity and Water Authority (EWA). EWA will... More

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Egypt’s Exports Fly in June
22/09/2021 05:20 GMT

Egypt’s exports reached US$3.6US1 billion in June 2021, a 49.2% increase as a compared to US$2.94 billion in the same month last year, official data showed. The country’s trade deficit fell by 27.8%... More

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Biden Urges Iran to Return to Talks over N-Controls, Oil Sanctions
22/09/2021 06:20 GMT

US President Joe Biden tried to revive the stalled Iran nuclear talks Sept. 21 by promising during his first address to the UN General Assembly that Washington would return to full compliance with... More

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Abu Dhabi Ports Signs Iraq MoU
22/09/2021 05:14 GMT

Abu Dhabi Ports (AD Ports Group) has signed a Memorandum of Understanding (MoU) with the General Company for Ports of Iraq (GCPI) to promote increased cooperation between the two organizations within... More

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Kuwait to Implement Largest Govt. Restructuring
21/09/2021 09:46 GMT

Kuwait plans to merge ministries, abolish others and create new strategies as part of the largest restructuring roadmap in its history over the next four years, Al Qabs reported. Beginning in 2022,... More

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Egypt & Libya Pen MoU to Cooperate on Oil & Gas Activities
21/09/2021 10:02 GMT

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, signed a memorandum of understanding (MoU) with his Libyan counterpart, Minister of Oil and Gas Mohamed Oun, which will see... More

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Petroleum Development Oman Inks Partnership with National Energy Center
21/09/2021 09:54 GMT

Petroleum Development Oman (PDO) has announced that it has joined hands with National Energy Center, a specialist in Internet of Things (IoT) projects, for the development and implementation of a... More

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Edison Wins Arbitration against Qatargas
22/09/2021 06:58 GMT

Edison informs to have successfully won the arbitration against Qatargas relating to the price review of the long-term contract for the purchase of liquefied natural gas from Qatar. The ICC -... More

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Saudi Arabia

Saipem Pens Investment Agreement with Saudi Aramco
22/09/2021 06:55 GMT

Italian energy services group Saipem has signed an agreement with Saudi Aramco to examine setting up a company to do engineering, procurement and construction (EPC) work in Saudi Arabia. The... More

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UAE’s DAE Receives ESG Low Risk Rating Score
22/09/2021 05:20 GMT

Dubai Aerospace Enterprise (DAE) Ltd, a global aviation services company, has announced that it has received an ESG Risk Rating score of 14.1 which was assessed by Sustainalytics to be ‘Low Risk’... More

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IOM: Ethiopian Migrants Stuck in Yemen Need Extra Support to Return Home
09/09/2021 09:49 GMT

As the dangers for migrants in Yemen intensify against a backdrop of conflict and the COVID-19 crisis, nearly 5,000 Ethiopians stranded in Yemen are waiting for their chance to safely return home.... More

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General News

Bahrain's AFS, UAE NymCard Partnership to Help Scale MEA's Fintech Ecosystem
21/09/2021 09:57 GMT

NymCard, an MEA-bsed BaaS provider and modern card issuing and processing platform, has signed an agreement with Arab Financial Services (AFS) to support the region’s fintech ecosystem by enhancing... More

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