Algeria & S. Korea Examine Ties in Water Resources
30/08/2015 07:56 GMT

Minister of Water Resources and Environment Abdelouhab Nouri and South Korean Minister of Territory, Infrastructures and Transports Yoo Li-Ho examined Thursday in Algiers means to strengthen... More

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Bahrain Pens Air show Accords with Russian Firms
30/08/2015 09:31 GMT

Bahrain International Air Show (BIAS 2016) high organizing committee members, led by Transportation and Telecommunications Minister and deputy chairman of the panel Kamal Ahmed, took part in Russian... More

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Egypt's Power Choices Soothe Public, Pressure Industry
30/08/2015 06:34 GMT

Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy policies apparently focused on appeasing the public are dealing a blow to... More

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Iran to Reap Billions in Petchem Incomes by Year-End
30/08/2015 09:39 GMT

Iran's petrochemical industry will fetch the country US$22.6 billion by selling products in local and foreign markets by the end of the current year (March 2016), the National Petrochemical Company’s... More

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RSK Hiring Iraqi Staff
30/08/2015 07:43 GMT

Just a year after it opened, the RSK combined geotechnical–environmental laboratory outside Basra, Iraq, is aiming to expand its services and recruit more young scientists to augment its staff of... More

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Kuwait Airways to Add Non-Stop Flights to Muscat
27/08/2015 10:19 GMT

Kuwait Airways, the national carrier of the country, plans to add two new non-stop flights to Muscat, Oman, starting 31 August, said a report. Currently, the airline operates two flights a week from... More

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Eastern Libyan Oil Firm Puts Off Dubai Conference
30/08/2015 05:29 GMT

A state oil firm loyal to Libya's official government based in the east of the country has postponed a conference in Dubai to discuss oil majors' existing contracts with the OPEC member country. The... More

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ACWA Consortium Fulfils Financial Close for IPP in Oman
30/08/2015 07:16 GMT

The consortium of ACWA Power, Mitsui & Co., Ltd. and Dhofar International Development and Investment Holding Co (DIDIC) has achieved financial close for the development, construction, ownership and... More

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Growth Seen for Qatar Construction Chemicals
30/08/2015 05:12 GMT

The construction chemicals market in Qatar is set to grow at 13% in the next five years, according to a report. The major factors boosting growth of the market include increasing housing demand by... More

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Saudi Arabia

KSA's Fiscal Deficit to Expand in 2015 amid Oil Slide
30/08/2015 05:23 GMT

Saudi Arabia faces a rising fiscal challenge with a growing budget deficit amid plunging oil prices, declining reserves and an increase in military spending. The International Monetary Fund... More

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DHL Opens New Service Station in Al Ain
30/08/2015 09:27 GMT

DHL Express, a leading logistics company, has expanded its presence in the UAE, recently opening a dedicated service station in Al Ain to meet growing demand in the area. As part of its ongoing... More

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British Oil Expat Freed in Yemen
24/08/2015 08:19 GMT

A British oil worker kidnapped in Yemen early last year has been freed by a military raid in the country by United Arab Emirates (UAE) troops. Douglas Robert Semple, a petroleum engineer, was... More

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General News

Arab OPEC Producers Brace for Weak Oil for Rest of 2015
30/08/2015 05:27 GMT

A second oil price rout of 2015 has forced Arab OPEC members to cut their price expectations for this year, showing they are prepared to tolerate cheaper crude for longer to defend market share and... More

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