Algeria

3 Technological Zones, Startup Support Funds Created in Algeria
16/09/2019 04:18 GMT

Prime Minister Noureddine Bedoui has announced Saturday in Algiers the creation of three technological zones "Zone tech" and a national fund of support of startups. Adressing the opening of National... More


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Bahrain

Bahrain Credit Selects Veeam for Digital Transformation
16/09/2019 08:03 GMT

Veeam Software, the leader in Backup solutions that deliver Cloud Data Management, announced that Bahrain Credit financing company, under Bahrain Commercial Facilities Company (BCFC), has selected... More


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Egypt

Land Allocated in North Sinai for Desalination Plant
15/09/2019 04:05 GMT

Egypt’s cabinet approved a proposed presidential decree to reallocate a land plot in North Sinai to set up a seawater desalination plant. Located in Arish city, such land stretches over an area of... More


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Iran

Iran Plans to Release UK-Flagged Oil Tanker amid Regional Tensions
16/09/2019 08:46 GMT

Iran said that it will release a UK-flagged oil tanker it has detained for nearly two months as tensions rise in the region following attacks on Saudi oil facilities blamed by the U.S. on Iran. The... More


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Iraq

Iraq Denies Its Territory Was Used to Launch Saudi Oil Attack
16/09/2019 05:02 GMT

Iraq denied on Sunday that its territory had been used to carry out attacks on oil facilities in Saudi Arabia, referring to an incident than knocked out more that half the Kingdom's output. A... More


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Kuwait

Kuwait Says Probing Drone Sighting, Working with Riyadh
16/09/2019 07:23 GMT

Kuwait is investigating the sighting of a drone over its territory and coordinating with Saudi Arabia and other countries after Saturday’s attacks on Saudi oil plants, the cabinet said on... More


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Libya

Libya's Sanalla Meets Zallaf, DeGolyer & MacNaughton Deads
15/09/2019 09:55 GMT

National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met with Mr John W. Wallace, chairman and CEO of DeGolyer and MacNaughton, in Tunis. Also present were NOC board member for Exploration... More


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Oman

Oman Shipping & StanChart Sign Deal
16/09/2019 08:44 GMT

Standard Chartered and Oman Shipping Company (OSC), a member of the Asyad Group, have announced a US$110 million re-financing facility for three tanker vessels and two Very Large Crude Carriers... More


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Qatar

Qatar Petroleum Issues North Field Tender
15/09/2019 07:52 GMT

Qatar Petroleum said on Saturday it had invited bids for engineering, procurement and construction (EPC) of additional liquid products storage and loading facilities and Mono-Ethylene Glycol (MEG)... More


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Saudi Arabia

Novak: Enough Stockpiles to Make Up for KSA Shortfall
16/09/2019 09:01 GMT

Responding to the Saudi Arabian oil facility attack on Saturday, the Russian Energy Minister Alexander Novak said that there are enough commercial stockpiles to make up the shortfall from Saudi... More


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UAE

Dubai Electricity & Water Authority Enhances Engie Ties
16/09/2019 07:15 GMT

Dubai Electricity and Water Authority (Dewa) recently met with France-based energy major Engie, as part of Dewa’s drive to forge strong ties with major global companies to exchange knowledge and... More


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Yemen

Feedstock Supply to Saudi Petchems Cut after Yemeni Houthi Attacks
16/09/2019 04:18 GMT

Major petrochemical companies in Saudi Arabia announced a curtailment of feedstock supplies, as they are currently working on evaluating the financial impact due to Saturday’s drone attacks on Aramco... More


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General News

Novak: Enough Stockpiles to Make Up for KSA Shortfall
16/09/2019 09:01 GMT

Responding to the Saudi Arabian oil facility attack on Saturday, the Russian Energy Minister Alexander Novak said that there are enough commercial stockpiles to make up the shortfall from Saudi... More


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