Iran in Bid to Diversify Non-Oil Export Portfolio

• Friday, 6th March 2015
• by Egypt Oil & Gas

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. Non-oil exports rose 24% in the 10 months to January...

Iran: Combating Oil Dependence Top Economic Priority

• Thursday, 26th February 2015
• by Egypt Oil & Gas

Head of Tehran Chamber Of Commerce Yahya Al-e Eshaq said that the country is resolved to cut the dependence of its economy on oil revenues based on the Supreme Leader’s Resistance Economy Plan. Al-e Eshaq underl...

Qatar: Gulf States Yet to Diversify from Oil

• Wednesday, 25th February 2015
• by Egypt Oil & Gas

Rich Gulf Arab countries have so far failed to diversify their economies away from oil revenue and some may eventually face political challenges as a result, a senior Qatar central bank official said on Tuesday. The c...

Saudi: Moving from Oil to Innovation, Service Sector

• Tuesday, 27th January 2015
• by Egypt Oil & Gas

Saudi Arabia’s new leadership will push forward efforts to diversify the growing but oil-dependent economy, while easing procedures for investors, senior officials said on Monday. “The smooth transition of power to Ki...