Algeria

FM: Algeria Attached to Making Common Action with UAE More Efficient
19/09/2018 09:28 GMT

Foreign Affairs Minister Abdelkader Messahel on Monday in Algiers said that Algeria is "attached" to make the common action with the United Arab Emirates (UAE) more efficient and heighten it to the... More


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Bahrain

Bahraini Investcorp Launches Debut Investment in China
19/09/2018 05:26 GMT

Investcorp, a global provider and manager of alternative investment products based in Bahrain, has announced its first private equity investment in China since its inception in 1982. Investcorp has... More


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Egypt

Egypt to Implement New Petchem Projects
19/09/2018 05:01 GMT

Egypt is looking to implement six new projects in the petrochemical sector with US$2 billion in investments, petroleum minister said on Tuesday. The anticipated projects come within the petroleum... More


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Iran

Specialized Workgroups Formed at National Iranian Gas Company
18/09/2018 09:43 GMT

Secretary of efficiency commission at the National Iranian Gas Company (NIGC) Majid Keshavarz said that specialized efficiency workgroups have been formed. He explained that a specialized... More


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Iraq

Baghdad to Side with Tehran in Sanctions Era
18/09/2018 09:10 GMT

The new speaker of Iraq’s parliament, Mohammed Rikan Hadeed al-Halbousi, praised Iran’s role in the Arab country’s liberation from terrorist groups and said in the era of “unfair” sanctions against... More


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Kuwait

Kuwaiti KOC Opens Door for Development of New Projects
18/09/2018 08:11 GMT

The Kuwait Oil Company (KOC) has opened the door for the development and execution of a number of future projects for registered international specialized contractors according to the specific... More


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Libya

Attack on Libyan NOC HQ Pushes Up Mediterranean Sweet Crude Oil Prices
12/09/2018 07:38 GMT

Uncertainty over the reliability of crude oil loading out of Libya following an attack on the National Oil Corporation's headquarters has pushed up the market value for alternative sweet crudes in... More


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Oman

Oman Oil Marketing Co. Plans Foray into Saudi Market
19/09/2018 10:01 GMT

Oman Oil Marketing Company is expanding its service stations beyond the Sultanate’s borders into the Kingdom of Saudi Arabia. The announcement came at a roundtable discussion hosted by the fuel... More


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Qatar

Qatar-Tunisia Trade Surges in H1-2018
19/09/2018 10:22 GMT

The bilateral relations between Qatar and Tunisia have grown stronger over the past years. The volume of trade between Qatar and Tunisia has risen by more than 200% in the first half of this year... More


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Saudi Arabia

Saudi Sabic, Clariant Ink MoU
19/09/2018 10:32 GMT

Sabic, the world’s third largest diversified petrochemicals company, has signed an agreement with Clariant towards taking steps to establish certain elements of its Specialties business as a... More


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UAE

FM: Algeria Attached to Making Common Action with UAE More Efficient
19/09/2018 09:28 GMT

Foreign Affairs Minister Abdelkader Messahel on Monday in Algiers said that Algeria is "attached" to make the common action with the United Arab Emirates (UAE) more efficient and heighten it to the... More


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Yemen

Yemen Central Bank Takes Steps to Face Currency Crisis
11/09/2018 10:33 GMT

The Governor of the Central Bank of Yemen, Dr. Mohammed Mansour Zammam, said on Monday that a number of steps have been taken to ease pressure on currency markets and provide basic commodities to... More


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General News

OPEC Must Stay Together: Barkindo
19/09/2018 10:26 GMT

A framework to further strengthen the cooperation between state-members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC states could be established in December, OPEC... More


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