April 21, 2014
On April 12, Iranian MP Ali Marvi quoted Oil Minister Bijan Namdar Zanganeh as saying that Iran will increase its crude oil output to 5.7 million barrels per day by the end of Iranian calendar year 1397 (March 2019).
Qatar Rail has awarded one of the largest-ever “single project tunnelling and rail construction insurance” policies to a six-member consortium of Qatari national insurance companies,
Economic growth in the Gulf Cooperation Council (GCC) region will remain largely influenced by oil prices and supply dynamics in the oil industry
April 20, 2014
Singapore's National Institute of Education is set to train 3,000 Saudi school principals over the next few years.
As tourists continue to flock to Jordan en masse, the Hashemite Kingdom is recording higher revenue profits than ever before.
The International Energy Agency revised its forecast for global oil demand in 2014 to 1.5 per cent which may impact further developments and investment in the sector in consequence.
Saudi Arabia ranks in the top four countries for military spending globally, according to a new report released out of Stockholm this week.
“We are not yet back to 2008 prices but in some individual projects we are. So we certainly need to monitor them carefully.”
Fuel smuggling is common across North Africa and its extent has increased in the chaotic aftermath of the Arab Spring.
April 18, 2014
The world’s biggest smartphone maker has slashed prices of the S5, which rolled out globally on Friday, and offered a gift pack worth $600,.
The US government says it is going to sell an Iranian skyscraper in New York City in favor of anti-Tehran plaintiffs.
April 17, 2014
Iran shares oil and gas fields with most of its neighbors, including Iraq, Kuwait, Qatar, as well as Oman and Turkmenistan.
Prime Minister Abdullah Ensour said this week that Jordan's economy is recovering and moving steadily forward despite the global financial crisis and the Syrian infighting.
Emirates Airline said on Thursday that runway upgrades at Dubai International would cut its revenues by Dh1 billion ($272 million) this year as it has to reduce flights to 41 destinations worldwide.
Positive reaction: Dubai's recently imposed fee on hotel guests had no negative feedback according to the head of the city's tourism authority.