Diversification | Egypt Oil & Gas - Part 3
GCC Feels Oil Price Squeeze, Non-Oil Exports Still Strong
According to the Asiya Investments report, most GCC countries are still delivering high rates of economic growth
Iran: Must Shelter Industry from Post-Sanction Oil Surge
Minister of Economic Affairs and Finance Ali Tayyeb-Nia has emphasized that serious plans have been devised to cushion the economy against what is internationally known as “the Dutch Disease”.
$9.6 Billion for Egyptian-Owned Coal Power Plant
The Electricity Ministry said on Tuesday it has signed a memorandum of understanding (MOU) with the joint-stock petroleum company Tharwa for the construction of a coal-powered, 6,000-megawatt electricity station with ...
Japan-Saudi Petrochem Complex Secures Finances for Expansion
Saudi Arabia's PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, has signed loans worth 19.4 billion riyals ($5.2 billion) for the expansion of its petrochemicals complex, it said on Tuesday.
GE Investments to Help Saudi ‘Vision 2024’ Diversification Plan
GE has announced $100 million in new programmes that will further the company’s localisation efforts, build innovation capacity, and create jobs in advanced manufacturing and software analytics.
Qatar: Fund for Innovation, SMEs to Lessen Hydrocarbon Dependency
The Qatar Science & Technology Park (QSTP) is looking towards its Proof of Concept Fund (POCF) programme to stimulate growth in the country’s small and medium-sized enterprises (SMEs) sector, QSTP director for Innova ...
Oil Prices Shift Gulf Arab States to Tech Start-Ups
The U.A.E.’s leadership declared 2015 the “year of innovation,” reflecting aspirations of the Gulf Arab nations to diversify away from oil.
Iran in Bid to Diversify Non-Oil Export Portfolio
Iran is counting on a rise of 15-20% in non-oil exports in its new year, which begins on March 21, Industry, Mines and Trade Minister Mohammad Reza Nematzadeh says.
