Energy

Egypt to host Eastern Mediterranean Gas Forum headquarters »

12:07 pm | The Egyptian capital Cairo has been chosen to house the headquarters of the eastern Mediterranean Gas Forum, Arab Finance reports citing statement from Ministry of Petroleum and Mineral Resources. Egypt, Jordan, Greece, Cyprus,…

Sep 24 2020 / Read More »
Gulf News

Singapore-based TurtleTree Labs wins world’s biggest pitch competition in Saudi Arabia »

01:35 pm | TurtleTree Labs, a biotech start-up based in Singapore has won the top prize of the Entrepreneurship World Cup 2020,…

Oct 20 2020 / Read More »

Red Sea International signs multi-million-dollar contract to manage NEOM city facilities »

01:16 pm | Saudi Arabia-registered company, Red Sea International will provide management, operation and maintenance services to facilities at the kingdom’s futuristic…

Oct 14 2020 / Read More »

Kuwaiti Parliament validates proposed new Crown Prince »

12:51 pm | The Kuwaiti parliament today Thursday in unison rubber-stamped the choice of the deputy head of the National Guard Sheikh…

Oct 8 2020 / Read More »

Kuwait’s new Emir vows not alter stance on Palestine »

01:17 pm | Kuwait’s new ruler Sunday pledged to remain constant with the country’s alignment with Palestinian cause amid decay in support…

Oct 6 2020 / Read More »

Energy

  • Egypt to host Eastern Mediterranean Gas Forum headquarters

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  • Saudi SIIG & Petrochem eye merger after incurring losses

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  • Iraq to fast-track signing of Nibras petrochemical complex project with Shell

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  • Saudi Arabia’s Aramco discovers two new oil, gas fields

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  • Saudi Arabia’s Aramco appoints new CEO to run $500m investment arm

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  • Japanese banks sign joint loan to fund Qatar’s biggest mega solar power plant

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  • Oman sets mid-2021 to launch operations of biggest solar plan

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  • Syria, Turkey condemn alleged oil deal between US firm and Kurdish rebels

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  • Aramco goes on customary redundancy plan, cuts hundreds of jobs

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  • SABIC appoints new chairman as Aramco takes control

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  • Aramco takes control of SABIC after injection of $69.1 billion

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  • Petrofac gets six-month extension contract with Basra Oil

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  • First Iranian tanker docks in Venezuela

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  • Lebanon maintains contract with Sonatrach amid corruption, adulterated fuel scandal

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Libya: A permanent ceasefire agreement signed between Khalifa Haftar’s camp and Tripoli-based Government in Geneva »

01:32 pm | The United Nations announced on Friday, October 23, a comprehensive and permanent ceasefire in Libya between Khalifa Haftar’s camp in Benghazi and that of the Tripoli-based Government of National Unity. The belligerents signed an agreement after five days of talks in Geneva. Since the Berlin conference in January 2020, three commissions have been negotiating their…

Oct 26 2020 / Read More »

Singapore-based TurtleTree Labs wins world’s biggest pitch competition in Saudi Arabia »

01:35 pm | TurtleTree Labs, a biotech start-up based in Singapore has won the top prize of the Entrepreneurship World Cup 2020, organized in the Saudi capital of Riyadh, Zawya reports. TurtleTree Labs bagged $500,000 for the win. The milk-startup is the world’s first to create milk sustainably using animal cell-based technology. The latest prize is the second…

Oct 20 2020 / Read More »

Egypt to host Eastern Mediterranean Gas Forum headquarters »

12:07 pm | The Egyptian capital Cairo has been chosen to house the headquarters of the eastern Mediterranean Gas Forum, Arab Finance reports citing statement from Ministry of Petroleum and Mineral Resources. Egypt, Jordan, Greece, Cyprus, Italy, and Israel according to the ministry signed the forum’s statute to promote natural gas exports from the eastern Mediterranean. The forum…

Sep 24 2020 / Read More »

Libya: A permanent ceasefire agreement signed between Khalifa Haftar’s camp and Tripoli-based Government in Geneva »

01:32 pm | The United Nations announced on Friday, October 23, a comprehensive and permanent ceasefire in Libya between Khalifa Haftar’s camp in Benghazi and that of the Tripoli-based Government of National Unity. The belligerents signed an agreement after five days of talks in Geneva. Since the Berlin conference in January 2020, three commissions have been negotiating their…

Oct 26 2020 / Read More »

Sberbank, Russia’s largest bank to open shop in UAE before end of 2020 »

12:21 pm | Russia’s largest commercial bank will start operating in Abu Dhabi, UAE, under Sber Investment Middle East (SIME), by end of this year and will chiefly provide Islamic finance services, Zawya reports. The move follows late September agreement with Abu Dhabi sovereign investor Mubadala Investment Company to “tap the potential of mutually beneficial opportunities”, the media…

Oct 23 2020 / Read More »

Gulf News

Singapore-based TurtleTree Labs wins world’s biggest pitch competition in Saudi Arabia »

01:35 pm | TurtleTree Labs, a biotech start-up based in Singapore has won the top prize of the Entrepreneurship World Cup 2020, organized in the Saudi capital of Riyadh, Zawya reports. TurtleTree Labs…

Oct 20 2020 / Read More »

Red Sea International signs multi-million-dollar contract to manage NEOM city facilities »

01:16 pm | Saudi Arabia-registered company, Red Sea International will provide management, operation and maintenance services to facilities at the kingdom’s futuristic digital city, NEOM,…

Oct 14 2020 / Read More »

Kuwaiti Parliament validates proposed new Crown Prince »

12:51 pm | The Kuwaiti parliament today Thursday in unison rubber-stamped the choice of the deputy head of the National Guard Sheikh Meshal al-Ahmad as…

Oct 8 2020 / Read More »
Kuwait’s new Emir vows not alter stance on Palestine » Qatar doubles downs on bid to host 2030 Asian Games » Bahrain halts flights to destinations flagged covid-19 risky » Crown Prince Sheikh Nawaf al-Ahmad al-Jaber al-Sabah takes over as Kuwait’s Emir after 91-year old ruler passed away » Diaa Sabia makes history to become first ever Israeli footballer to sign in Arab league »

Finance

Sberbank, Russia’s largest bank to open shop in UAE before end of 2020 »

12:21 pm | Russia’s largest commercial bank will start operating in Abu Dhabi, UAE, under Sber Investment Middle East (SIME), by end of this year and will chiefly provide Islamic finance services, Zawya…

Oct 23 2020 / Read More »

World News