Energy

BP Oman awards $800-million Gas Development Project to Petrofac »

03:40 pm | British Petroleum (BP) Oman has charged Petrofac to carry ‘development of a central processing facility (CPF) at the Khazzan Phase Two (Ghazeer) gas development with a contract estimated at $800 million. The contract…

Dec 13 2017 / Read More »
Gulf News

KSA: Prince al-Waleed refusing settlement with authorities in purge against corruption »

04:06 pm | Prince al-Waleed bin Talal has reportedly refused to give up part of his fortune in exchange for freedom in…

Dec 18 2017 / Read More »

Cinema Theaters to Open in Saudi Arabia after 35-year Ban »

02:39 pm | Saudi Arabia has lifted a 35-year ban on cinemas in one of the surprising social modernization decisions taken by…

Dec 16 2017 / Read More »

KSA: Crown Prince MBS invited to visit Israel »

04:23 pm | Israel’s minister of intelligence affairs Yisrael Katz has confirmed to Israeli Haaretz media that he had extended an invitation…

Dec 14 2017 / Read More »

UAE: Accor launches 25hours Hotel in Dubai »

04:16 pm | The AccorHotel Group announced Wednesday the launch in Dubai its first 25hours Hotel in the region with operations to…

Dec 14 2017 / Read More »

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Energy

  • BP Oman awards $800-million Gas Development Project to Petrofac

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  • Iraq to Build New Pipeline to Ship Kirkuk’s Oil to Turkey

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  • Crude Prices to Further Fall by year-end despite Political Tension in Saudi Arabia

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  • KSA: Riyadh to start local uranium production to support nuclear program

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  • KSA: China stretches out to buy five per cent shares of Aramco

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  • KSA: $67bn investment in renewable energy over 5 years

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  • Oman: Shell pulling out of Mukhaizna oil field

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  • Total Boss expanding business ties with Iran

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  • KSA and Russia to bolster cooperation through $1bn-fund for energy

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  • UAE: 5,600 megawatt nuclear power plant to start operation next year

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  • KSA: Fuel price to soar up by November

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  • Iran-Nuclear Deal: Tehran doubles down threats to resume uranium enrichment by 20 per cent

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  • Teheran lodges complaints with Nuclear Pact watchdog over Washington’s violation

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Libya: ‘LPA is dead’, Khalifa Haftar »

04:13 pm | Field Marshal Khalifa Haftar commanding the east-based Libyan National Army (LNA) indicated Sunday that the Libyan Political Agreement (LPA) brokered by the UN is outdated and the institutions associated to it have lost legitimacy. “All the dialogues starting from Ghadames [in northwest Libya] and ending in Tunis and going through Geneva and Skhirat [in Morocco]…

Dec 18 2017 / Read More »

KSA: Prince al-Waleed refusing settlement with authorities in purge against corruption »

04:06 pm | Prince al-Waleed bin Talal has reportedly refused to give up part of his fortune in exchange for freedom in the purge launched by authorities to wipe out corruption. The owner of Kingdom Holding Company according to the Financial Times has hired lawyers to challenge alleged charges pressed against him in the anti-corruption clean-up, which rounded…

Dec 18 2017 / Read More »

BP Oman awards $800-million Gas Development Project to Petrofac »

03:40 pm | British Petroleum (BP) Oman has charged Petrofac to carry ‘development of a central processing facility (CPF) at the Khazzan Phase Two (Ghazeer) gas development with a contract estimated at $800 million. The contract is the second received by the oilfield service group from BP Oman which controls Khazzan project with a 60 per cent interest,…

Dec 13 2017 / Read More »

Libya: ‘LPA is dead’, Khalifa Haftar »

04:13 pm | Field Marshal Khalifa Haftar commanding the east-based Libyan National Army (LNA) indicated Sunday that the Libyan Political Agreement (LPA) brokered by the UN is outdated and the institutions associated to it have lost legitimacy. “All the dialogues starting from Ghadames [in northwest Libya] and ending in Tunis and going through Geneva and Skhirat [in Morocco]…

Dec 18 2017 / Read More »

UAE Government taken aback for appearing in EU tax blacklist »

04:15 pm | The UAE government Thursday expressed surprise at its presence on the European Union’s black list of countries considered tax-havens, although it aligns with the block’s transparency standards. EU countries Tuesday published a list of 17 countries, including the United Arab Emirates (UAE), Bahrain and Tunisia, which promote tax avoidance. Countries on the black list could…

Dec 8 2017 / Read More »

Gulf News

KSA: Prince al-Waleed refusing settlement with authorities in purge against corruption »

04:06 pm | Prince al-Waleed bin Talal has reportedly refused to give up part of his fortune in exchange for freedom in the purge launched by authorities to wipe out corruption. The owner…

Dec 18 2017 / Read More »

Cinema Theaters to Open in Saudi Arabia after 35-year Ban »

02:39 pm | Saudi Arabia has lifted a 35-year ban on cinemas in one of the surprising social modernization decisions taken by Crown Prince Mohammed…

Dec 16 2017 / Read More »

KSA: Crown Prince MBS invited to visit Israel »

04:23 pm | Israel’s minister of intelligence affairs Yisrael Katz has confirmed to Israeli Haaretz media that he had extended an invitation to Saudi Crown…

Dec 14 2017 / Read More »
UAE: Accor launches 25hours Hotel in Dubai » Emirates, FlyDubai resume using Iraqi airspace for long haul flights » Qatar: UK receives $8-billion contract for 24 Typhoon jets » Trump Administration Urges Saudis to Temper Action on Yemen, Qatar, Lebanon » Saudi Foreign Minister Reportedly Fired »

Finance

Qatar’s Economy to Grow 3.1% in 2017 Despite Saudi-led Blockade »

12:48 pm | Despite the economic blockade imposed by its neighbors and a plunge of crude prices, Qatar’s economy is still projected to expand by…

Nov 26 2017 / Read More »

EBRD Earmarks €15 mln to Supporting Small Businesses in Morocco, Tunisia & Egypt »

04:58 pm | The European Bank for Reconstruction and Development (EBRD) has committed €15 million to Mediterrania Capital III Funds to boost small businesses in…

Nov 15 2017 / Read More »
Russian Tourists Bring About Rebound in Turkey’s Tourism Sector » Dozen Saudi Princes Arrested in “Corruption” Purge by MBS » Cash-strapped Bahrain asks Gulf Allies for Financial Assistance » UAE: IMF projects a 3.4 per cent economic growth in 2018 » KSA: Local SMEs get financial boost with $1.07bn Fund »

UAE Government taken aback for appearing in EU tax blacklist »

04:15 pm | The UAE government Thursday expressed surprise at its presence on the European Union’s black list of countries considered tax-havens, although it aligns with the block’s transparency standards. EU countries Tuesday…

Dec 8 2017 / Read More »

World News