Algeria

Algeria Keen on Belarusian Oil Adsorbents
23/11/2017 11:22 GMT

Algeria has an interest in buying Belarusian materials for oil adsorption, Yevgeny Vvedensky, director of the exhibition company Belinterexpo of the Belarusian Chamber of Commerce and Industry, told... More


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Bahrain

Major Development Projects Under Way in Bahrain
23/11/2017 05:24 GMT

Large-scale development projects across a wide range of sectors valued at US$32 billion are in the pipeline, a report said, citing a senior minister. These include construction of a second causeway... More


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Egypt

UAE's NPCC Inks MoU with Egypt's Petrojet
23/11/2017 05:21 GMT

The National Petroleum Construction Company, NPCC, part of the Senaat Abu Dhabi group, has signed a Memorandum of Understanding, MoU, with Petrojet of Egypt, to partner and cooperate for... More


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Iran

SAP Investigating Sales Practices in GCC, No Word on Iran
23/11/2017 11:34 GMT

German business software giant SAP, which last month said its South African sales commissions were being probed by U.S. regulators, has launched an investigation into its business practices in the... More


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Iraq

Iraq Resumes Bid for Full WTO Membership
23/11/2017 11:36 GMT

At an informal meeting of the Working Party on the Accession of Iraq held on 17 November 2017, WTO members welcomed Iraq’s stated determination to resume its WTO accession process after nine years of... More


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Kuwait

Fluor Working with Kuwait Fund in UK
23/11/2017 11:42 GMT

Representatives from the Kuwait Fund for Arab Economic Development, known as the Kuwait Fund, recently visited construction and engineering major Fluor’s Farnborough office to monitor its ongoing... More


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Libya

Libya's Waha Oil Production Plans Hampered by Funding Shortfall
22/11/2017 09:34 GMT

Libya's Waha Oil Co is producing about 260,000 barrels per day (bpd), up more than 100,000 bpd from the company's output levels this summer, but further gains are complicated by a lack of investment,... More


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Oman

Omani SSDC Inks Loan Deal with Bank Dhofar
23/11/2017 11:01 GMT

The Salalah Sanitary Drainage Services Company (SSDC) signed a loan agreement with Bank Dhofar on Wednesday to finance the rehabilitation project for its Raysut treatment plant, which aims to raise... More


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Qatar

Minister: Qatar Well-Placed to Meet Rise in LNG Demand
23/11/2017 10:46 GMT

Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada has said natural gas is the ideal solution to the climate change issue, resulting from the race to meet rising economic standards of... More


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Saudi Arabia

Saudis Push for 9-Month Extension of OPEC Deal
23/11/2017 11:24 GMT

Top crude exporter Saudi Arabia is lobbying oil ministers to agree next week on a nine-month extension to OPEC-led supply cuts, sources familiar with the matter said, as Riyadh seeks to ensure a... More


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UAE

TAQA Eyeing Loans as UAE Govt. Declines Bond Sales
23/11/2017 11:59 GMT

Abu Dhabi National Energy Co is talking to banks to obtain loan facilities of up to US$1.3 billion which would refinance maturing debt after the Abu Dhabi government declined to approve a planned... More


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Yemen

Yemeni Govt. to Prosecute Illegal Foreign Exchange Dealers
23/10/2017 08:47 GMT

The Saudi-backed government in Yemen has threatened to arrest foreign exchange dealers trading the rial illegally as part of its efforts to prevent a further decline in the value of the country’s... More


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General News

SAP Investigating Sales Practices in GCC, No Word on Iran
23/11/2017 11:34 GMT

German business software giant SAP, which last month said its South African sales commissions were being probed by U.S. regulators, has launched an investigation into its business practices in the... More


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