Saudi Arabia | Egypt Oil & Gas - Part 75
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,
Sparrow to Utilize Saudi Facilities and Experience
The Sparrow Group announced is partnership with Saudi Zamil Group
Oil Price Crunch May Force Reform of Gulf Arab Oil Finances
A Standard & Poor’s Rating Services report cited by Gulf News warned that low oil prices will adversely affect the banking sector in the Gulf Arab states.
Saudi Spending Spree Unabated by Oil Prices, Argue Some
There are conflicting reports emerging over the financial state of the kingdom of Saudi Arabia thanks to Brent price of oil sinking to below $50 a barrel.
Saudi Arabia to Aid Egypt’s Petroleum Sector with $1.4bn
Egypt has reached an agreement with Saudi Arabia to receive petroleum aid worth $1.4bn for 3 months.
Oil Price Decline Prompts Saudi OSP Price Rethink in September
Saudi Arabia is expected to raise prices for its crude exports to Asia in September due to a stronger Dubai benchmark
