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OPEC to stay the course despite fears of $20 oil
Source : Arab News  
Date : 2015-11-26
OPEC is determined to keep pumping oil vigorously, alarming weaker members who fear prices may slump further toward $20....
SAOGE focuses on challenges facing oil and gas industry
Source : Arab News  
Date : 2015-11-26
The seventh Saudi Arabia International Oil and Gas Exhibition 2015 (SAOGE) ended Wednesday, marking a turnout of 10,000 visitors during its three-day run....
Labor Ministry extends retail store feminization deadline
Source : Saudi Gazette  
Date : 2015-11-26
The Ministry of Labor announced on Tuesday that it has extended the deadline for feminizing women's retail stores....
Yamama, ThyssenKrupp sign $1.1bn plant deal
Source : tradearabia  
Date : 2015-11-26
Saudi Arabia's Yamama Cement Company has signed a SR4.2 billion ($1.12 billion) contract with Germany's ThyssenKrupp Industrial Solutions to build a new cement plant, the company said in a statement...
Iran welcomes furthering economic co-op with Kazakhstan
Source : Tehran Times  
Date : 2015-11-26
Iranian Industry, Mining, and Trade Minister Mohammad Reza Nematzadeh says Iran welcomes expansion of economic ties with Kazakhstan....
Saudi considering subsidy cuts; VAT
Source : tradearabia  
Date : 2015-11-26
Saudi Arabia may reduce energy and water subsidies for wealthy citizens, impose a value added tax (VAT) and taxes on unhealthy goods like cigarettes and sugary drinks, Deputy Crown Prince...
IPC likely to attract $30b
Source : Tehran Times  
Date : 2015-11-26
Iranian Oil Minister Bijan Namdar Zanganeh says the country's new model of oil contracts, dubbed as Iran Petroleum Contract (IPC), is expected to attract some $30 billion....
Dana Gas says wins court ruling for $100m Kurdistan payment
Source : Arab News  
Date : 2015-11-26
UAE energy firm Dana Gas, one of the largest investors in Iraq's Kurdistan region, said the British High Court had ordered the Kurdish regional government to pay Dana's consortium $100...
Fingerprints mandatory for citizens
Source : Arab News  
Date : 2015-11-26
The General Directorate of Passports has announced that fingerprints are mandatory for Saudis to acquire or renew passports and national identity cards, a local publication reported Wednesday....
Saudi mega projects conference to showcase infrastructure projects
Source : Arab News  
Date : 2015-11-26
Industry leaders and experts will converge under the banner of Saudi Arabia’s largest and most ambitious infrastructure projects when the Saudi Mega Projects Conference and Exhibition commences at the Al...
Qatar riyal sinks in forwards market on loan concern
Source : tradearabia  
Date : 2015-11-26
Qatar's riyal fell sharply in the forward foreign exchange market on Wednesday as traders cited concern that Qatar might have trouble agreeing with banks on the pricing of a syndicated...
NBK-Egypt reports EGP 445.6m in net profits for 9-month 2015
Source : Kuwait Times  
Date : 2015-11-26
National Bank of Kuwait-Egypt (NBK-E), reported net profits of EGP 445.6 million for the first nine months of 2015 compared with EGP 273.5 million for the same period last year,...
Iran, Greece to explore untapped economic opportunities
Source : Tehran Times  
Date : 2015-11-25
Tehran will host a seminar titled "Iran-Greece, Untapped Opportunities" on November 30, with the theme of exploring unused economic opportunities of the two countries....
How to cope with falling crude prices?
Source : Oman Daily Observer  
Date : 2015-11-25
Many experts stress that the most appropriate methods for the oil-producing countries to cope with the current oil crisis is to opt towards diversification of their investment portfolio....
Bahrain's Nogaholding seeks debut $350m loan
Source : tradearabia  
Date : 2015-11-25
Nogaholding, the holding company for oil and gas assets owned by the government of Bahrain, is seeking a $350 million sharia-compliant loan in what would be a first for the...
Opec to stay the course despite fears of $20 oil
Source : tradearabia  
Date : 2015-11-25
Opec is determined to keep pumping oil vigorously despite the resulting financial strain even on the policy's chief architect, Saudi Arabia, alarming weaker members who fear prices may slump further...
Islamic finance assets in East Asia, GCC set to touch $770bn by 2018
Source : Gulf Times  
Date : 2015-11-25
East Asian and Gulf Cooperation Council (GCC) nations will reach combined Islamic finance assets of $770bn by 2018, up from $391.2bn in 2013, mainly driven by Islamic countries in Southeast...
Qatar Airways bags Asia-Pacific airline award
Source : The Peninsula  
Date : 2015-11-25
Qatar Airways was named 'Asia Pacific Airline of the Year' at 2015 CAPA Aviation Awards for Excellence held in Singapore, said a statement yesterday....
Commercial Bank elevates Al Sherawi to senior position
Source : The Peninsula  
Date : 2015-11-25
Commercial Bank has announced the promotion of Omran Al Sherawi (pictured)to Head of Asset and Liabilities Management, said a statement yesterday....
Qatar Rail gets triple ISO certifications
Source : The Peninsula  
Date : 2015-11-25
Qatar Rail has been recognised by the international standard setting bodies with a triple certification for its commitment to world class standards in quality control, environmental sustainability and delivery....
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