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Qatar will pay this month the salaries of civil servants in Gaza Strip following agreement with Egypt on the payment mechanism, reports say. Per the agreement, Qatar will provide money for employees indirectly by buying fuel from Egypt. Hamas, the Read more
Fuel and energy prices in Egypt have increased significantly on Thursday as the country deals with its economic and financial crisis triggered by the mass protests that brought an end to the government of Hosni Mubarak and a coup d’état Read more
Jordan was facing a $3 billion deficit in September. Therefore, the government tried to reduce fuel subsidies by raising the price by 10 %. But the decision was reversed when thousands demonstrated. However, a drop in subsidies forced the cabinet Read more
One of the most improvised states in the Arabian Diaspora and has battling with the presence of Al Qaeda forces on its territory is suffering from serious fuel shortages. Yemen’s oil industry has come under series of attacks and the Read more
The United Arab Emirates is planning to build a US$3.3 billion solar park designed to produce 1,000 megawatts of power by 2030. The first bids for the construction a 10-megawatt unit will be issued during the 3rd quarter of 2012 Read more