News / International

Iran: EU Supports Termination of All Sanctions After Final Nuke Deal

Iran says the UN Security Council (UNSC) is to terminate all anti-Iran resolutions upon the conclusion of a final nuclear agreement between the Islamic Republic and the P5+1 group.

African Oil Producers Seek to Cut Production

The African Petroleum Producers Association, which represents oil and gas producers from Algeria to South Africa, called for a cut in oil output globally.

Qatar Hosts Investment Event in Tokyo, Japan

Doha Bank hosted a knowledge sharing session "Opportunities in Qatar" at Mandarin Oriental Tokyo, Tokyo on 3rd April 2015

Kuwait Foreign Petroleum Accumulating Underwritten Debt

Kuwait Foreign Petroleum Exploration Company (Kufpec), a wholly-owned subsidiary of Kuwait Petroleum Corp, said on Saturday it had received an additional $1.5 billion loan

$500 Million Tamar Deal Finalized Between Israel and Jordan

The historic agreement between Jordan and Israel was stalled several times last year due to anti-trust concerns and political opposition

Chinese Solar-Powered ACs to Help UAE Balance Electricity Costs

Gree Electric Appliances said it has introduced the world’s first solar variable refrigerant flow (VRF) air-conditioners in the UAE.

Qatar Riding Out Oil Price Slump Better Than Rest of GCC

Recently released stats expose the effects of the plunge in oil prices on the fiscal systems of the Gulf Cooperation Council (GCC) economies. However, it is fair to claim that the Gulf countries at large are demonstrating an innate capability to overcome the challenge by showing a readiness to make use of state reserves, where necessary.

Oman: Planned LPG Plant to Develop Dhofar Governorate

The design phase for the major Liquefied Petroleum Gas (LPG) Extraction Project planned in Salalah, Oman, is on time and on budget so far

Indonesia Makes Strong Push Towards Biofuel Production, R&D

Indonesia, the world’s biggest palm oil producer, will impose export levies to fund biodiesel subsidies, replanting, research and development.

Iran Argues That US Misunderstands Sanction Stipulations in Nuclear Deal

An Iranian official has rejected an official piece of document by the White House stipulating that lifting sanctions imposed on Iran over its nuclear activities would be based on a step-by-step mechanism.

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