Algeria

Minister: Algeria-EU Association Agreement Not Helpful Yet
24/11/2014 10:52 GMT

The Algeria-EU Association Agreement has not had the desired effect which is to promote the minus-hydrocarbon exports and attract the foreign investments, Trade Minister Amara Benyounes said. Nearly... More


More Algeria News

Bahrain

Bahrain Polytechnic, Microsoft Pen Software Agreement
24/11/2014 08:23 GMT

Bahrain Polytechnic and Microsoft have signed an agreement that enables the academic institution to acquire Microsoft software in a cost-effective way. Bahrain Polytechnic's acting chief executive... More


More Bahrain News

Egypt

Cairo Hosts Joint Egyptian-Qatari Business Council Meeting
24/11/2014 09:59 GMT

Members of the Egyptian-Qatari Business Council held here Sunday a joint meeting on the sidelines of 16th conference for Arab businessmen and investors, currently being held in Cairo under the... More


More Egypt News

Iran

Iran's Majlis Suggests US$75-US$80 per Barrel Oil Price for 2015-16 Budget
24/11/2014 10:14 GMT

Iran's parliament recommends basing next year's budget on an oil price of US$75-US$80 a barrel, a senior lawmaker was reported as saying, down from US$100 in the 2014 budget plan. "It seems the... More


More Iran News

Iraq

Biden Welcomes Iraq Govt. & Kurdistan Oil Deal
23/11/2014 09:44 GMT

US Vice President Joe Biden welcomed an agreement between Iraq's central government and its northern Kurdistan region over the management of oil exports, a step forward in a feud that has threatened... More


More Iraq News

Kuwait

NBK Leads Consortium Arranging Syndicated Loan for Kuwaiti Kufpec
24/11/2014 05:40 GMT

National Bank of Kuwait (NBK), in cooperation with J.P Morgan Limited, has led a consortium of international, regional and Kuwaiti banks to arrange a syndicated loan of US$1 billion for Kuwait... More


More Kuwait News

Libya

Libyan Oilfield Set to Resume Output
24/11/2014 05:55 GMT

Libya's Nafoura oilfield will resume production on Monday after protesters demanding jobs ended a protest, officials at the Libyan state operator said on Sunday. The field in volatile eastern Libya... More


More Libya News

Oman

New Mining Regulations Introduced in Oman
24/11/2014 10:46 GMT

New mining licensees in the Sultanate are required to earmark 5% of their net annual profits for local community initiatives under freshly introduced mining regulations enacted by Ministerial... More


More Oman News

Qatar

Cairo Hosts Joint Egyptian-Qatari Business Council Meeting
24/11/2014 09:59 GMT

Members of the Egyptian-Qatari Business Council held here Sunday a joint meeting on the sidelines of 16th conference for Arab businessmen and investors, currently being held in Cairo under the... More


More Qatar News

Saudi Arabia

German Delegation Keen on Promoting Trade with KSA
24/11/2014 10:50 GMT

Peter Ramsauer, chief of the German-Arab Chamber of Commerce and Industry, has held high-level talks on strengthening bilateral cooperation in Riyadh. Ramsauer and his delegation met with various... More


More Saudi Arabia News

UAE

UAE's Etihad Resumes Flights after Fog Disruptions
24/11/2014 08:41 GMT

UAE national carrier Etihad Airways said it has resumed flights to and from Abu Dhabi Airport, after major disruptions caused by un-forecast fog. Following the reopening of the airport’s runway at... More


More UAE News

Yemen

Decrease in Yemen's Forex Reserves
24/11/2014 05:48 GMT

Yemen's foreign exchange reserves dropped to US$5.056 billion by the end of last September, with a US$124 million decline from August. A report issued by the Central Bank of Yemen (CBY) revealed... More


More Yemen News

General News

Russia: KSA Willing to Cooperate on Oil Markets
24/11/2014 08:57 GMT

Russia's Foreign Ministry said that Russia and Saudi Arabia had expressed "a willingness to cooperate on issues related to energy and oil markets". The foreign ministry made the comments in a... More


More General News