Features / Political Review
Obama picks Egypt as speech venue
U.S President Barack Obama will visit Egypt this month to deliver his promised address to the Muslim World, culminating a long and politically sensitive selection process by choosing Egypt as his venue Oil vs. tourism in the North Coast
The wheel for exploring new areas to boost the oil production in Egypt has been searching in every corner. Lately, the North Coast Area, used to be known as a magnificent touristic spot, has attracted the focus as a new virgin area for oil and gas E&P New bid-rounds for old potentials
The first-ever Afghanistan bidding round attracts major players The Ministry of Mines, on behalf of the Government of the Islamic Republic of Afghanistan, launched the First Afghan Hydrocarbon Bidding Round 2009 to initiate hydrocarbon exploration in Northern Afghanistan. More flexibility needed to lure investments, Oil refining companies will not be exempted from taxes
Egypt was about to take a step towards expanding its refining sector after the financial crisis and a new tax regime applied to the country’s industrial zones have already hampered plans to upgrade Egypt’s refining capacity Weighing the balance after the shut down
The collapse of oil prices has led many oil producers to pack up their rigs and stow their jacks, yet, some other producers were satisfied by cutting costs. As a matter of fact, many refineries were shut down due to the low oil prices, while others warns that it will lead to a spike of oil prices in the coming years When the G20 met
The G20 agreed an economic recovery package of more than $1 trillion and new regulations for financial institutions Middle East’s complex situation
After one-sidedly severing ties with Tehran, Rabat claims that Iran is to be blamed for the situation due to its lack of respect for Morocco Libyan congresses delay Gaddafi’s oil share-out plan
Libya's People's Congresses, the country's highest authority, have voted to hold-up President Muammar Gaddafi's plan to disband the government and give oil money directly to the people 
