Energy

Jordan Opens New Power Plant to Meet Its Energy Needs »

al-manakher

05:06 pm | The Kingdom of Jordan has opened a landmark power station destined to enable the country meet its growing energy needs and reduce its reliance on imported oil in a bid to achieve a…

Oct 30 2014 / No Comment / Read More »
Gulf News

Kuwait : Differences with Riyadh not political but technical »

oil-sharefield

12:43 pm | Kuwait has refuted claims that the suspension of operations at its shared oilfield with Saudi Arabia is due to…

Oct 28 2014 / No Comment / Read More »

Saudi Arabia Seeks to Buy US Air Defense System for $1.7 Bln »

pac3

03:34 pm | The Saudi government is seeking to purchase from the United States “Patriot Air Defense System” with enhancements and associated…

Oct 16 2014 / No Comment / Read More »

Kuwait targets 4million barrels by 2020 »

kuwait-barils

10:30 am | State-run Kuwait Oil Company (KOC) is planning to develop new oilfields as part of the government’s plan to produce…

Oct 3 2014 / No Comment / Read More »

UAE : Dubai eyes major African investments »

agbf

01:15 pm | The Dubai government has revealed some of its intentions of investing in Africa during the Africa Global Business Forum…

Oct 2 2014 / No Comment / Read More »

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Jordan Opens New Power Plant to Meet Its Energy Needs »

05:06 pm | The Kingdom of Jordan has opened a landmark power station destined to enable the country meet its growing energy needs and reduce its reliance on imported oil in a bid to achieve a more sustainable energy balance. Dubbed “Al Manakher”, the new plant, located 15 km east of the Jordanian capital Amman, will enhance the…

Oct 30 2014 / No Comment / Read More »
al-manakher

Kuwait : Differences with Riyadh not political but technical »

12:43 pm | Kuwait has refuted claims that the suspension of operations at its shared oilfield with Saudi Arabia is due to political reasons. Work at the Khafji oilfield was stopped a week ago after a decision from Riyadh. Kuwait claims that the decision was simply based on “technical” issues defending that the bilateral ties between the two…

Oct 28 2014 / No Comment / Read More »
oil-sharefield

Jordan Opens New Power Plant to Meet Its Energy Needs »

05:06 pm | The Kingdom of Jordan has opened a landmark power station destined to enable the country meet its growing energy needs and reduce its reliance on imported oil in a bid to achieve a more sustainable energy balance. Dubbed “Al Manakher”, the new plant, located 15 km east of the Jordanian capital Amman, will enhance the…

Oct 30 2014 / No Comment / Read More »
al-manakher

Oman and India to boost trade and economic activities »

10:49 am | Oman and India have further reinforced their bilateral ties at the ongoing 7th edition of the India-Oman Joint Commission meeting taking place in India. The Minsters of Commerce and Industry of both countries namely, Nirmala Sitharaman of India and Ali bin Masoud al Sunaidy of Oman, have graced the event with their presence. Economic, commercial…

Oct 30 2014 / No Comment / Read More »
oman-india-cooperation

KSA : Saudi’s biggest banks to follow Islamic banking »

10:16 am | After Sheikh Abdullah Al Mutlaq, a member of the Council of Senior Scholars, said on state television that “Religion comes above everything,” pressure has been mounting on conventional banks in Saudi Arabia to abide to Islamic teachings of banking. Such demands have been echoing around the kingdom and one of the banks to succumb to…

Oct 23 2014 / No Comment / Read More »
ksa-islam-finance

Gulf News

oil-sharefield

Kuwait : Differences with Riyadh not political but technical »

12:43 pm | Kuwait has refuted claims that the suspension of operations at its shared oilfield with Saudi Arabia is due to political reasons. Work at the Khafji oilfield was stopped a week…

Oct 28 2014 / No Comment / Read More »

Saudi Arabia Seeks to Buy US Air Defense System for $1.7 Bln »

pac3

03:34 pm | The Saudi government is seeking to purchase from the United States “Patriot Air Defense System” with enhancements and associated equipment. The $1.7…

Oct 16 2014 / No Comment / Read More »

Kuwait targets 4million barrels by 2020 »

kuwait-barils

10:30 am | State-run Kuwait Oil Company (KOC) is planning to develop new oilfields as part of the government’s plan to produce 4 million barrels…

Oct 3 2014 / No Comment / Read More »
UAE : Dubai eyes major African investments » Jordan : King Abdullah rejects controversial parliament bill » Bahrain-Saudi 2nd causeway estimated around $5bn » KSA: Riyadh to construct multi layered wall at Iraqi border » UAE spy satellites to use disputed US technology »

Finance

IMF hails Lebanon despite regional challenges »

imf-lebanon

10:39 am | Governor Riad Salameh of the Lebanese Central Bank has stated that the country’s financial and economic outlook is stable despite the turbulences that…

Oct 15 2014 / No Comment / Read More »

Bahrain-Saudi 2nd causeway estimated around $5bn »

bahrain

09:25 am | Bahrain and Saudi Arabia have been linked by a causeway for more than two decades but plans to build a new one…

Sep 9 2014 / No Comment / Read More »
MENA: Goldman Sachs plans return to Islamic finance » Fighting forces Israel to lower benchmark short-term interest rate » KSA : Regional financial institutions increase Saudi equity allocations » Egypt expecting 30billion from Abu Dhabi » Oman : SMEs benefit from loan guaranteed by the government »
ksa-islam-finance

KSA : Saudi’s biggest banks to follow Islamic banking »

10:16 am | After Sheikh Abdullah Al Mutlaq, a member of the Council of Senior Scholars, said on state television that “Religion comes above everything,” pressure has been mounting on conventional banks in…

Oct 23 2014 / No Comment / Read More »

World News