Saudi Arabia | Egypt Oil & Gas - Part 74
Oil Prices and Saudi Boom and Islamic Finance Cycles
Rising oil output boosted Saudi Arabia's economic growth to its fastest pace in over a year in the second quarter of 2015, according to data released by the country's state statistics department
Aramco Fire Kills 11, Causes Unknown but Under Investigation
A fire at an oil workers' residential compound in Saudi Arabia broke out on Sunday, killing 11 people and injuring over 200 others,
Saudi Arabia Contemplating Wide-Ranging Cuts Under Price Pressure
Bloomberg has cited anonymous but well placed sources that Saudi Arabia is working with advisers on a review of the country’s capital spending plans to save money.
Equate Petrochemical Wins International IT Prize
Kuwait’s Equate Petrochemical Company received an IT award from German enterprise software leader SAP in the “IT Business Transformation Category”
Old Iran-Kuwait Gasfield Dispute Making a Comeback
Kuwait has reportedly summoned the Iranian charge d’affaires to protest against a bid by Iran to develop unilaterally the disputed offshore Durra gas field
Saudi Forging Ahead with Industrial Projects Despite Stock Declines
United Arab Emirates stock markets slid in early trade on Sunday in response to further weakness in oil prices
Kazakh Currency Drops 22% from Oil Price
The national currency of Kazakhstan, the Tenge, lost nearly a quarter of its public value on Thursday,
Algeria Calls for Non-OPEC Members to Cut Production Rates
The Algerian energy minister stated that non-OPEC nations need to help to stabilize international oil prices,
