Algeria

February 13, 2003

02:00 GMT

Spain’s Repsol Oil Company has signed an agreement with Australia’s Woodside Petroleum and Portugal Partex Oil and Gas to explore an oil block in Algeria’s Berkine Basin. Repsol will hold a 55 percent

February 12, 2003

02:00 GMT

Four people were killed and ten others injured when two cars collided on the Neyshabour-Mashhad road in the northeastern province of Neyshabour, Iran

02:00 GMT

The Spanish government has agreed to finance a Turkish State Railways rehabilitation initiative. The $400 million loan will fund the re-construction of the Ankara – Istanbul railway line. Traveling ti

02:00 GMT

A British court was presented evidence yesterday scientifically linking Algerian expatriate Brahim Benmerzouga to materials promoting terrorism. The defendant is on trial for funding the Al-Qaeda netw

February 6, 2003

02:00 GMT

Dubai Islamic Bank (DIB), one of the United Arab Emirates (UAE)'s leading Islamic financial institutions, has launched Al-Tanmyah Services Company, a new subsidiary which specializes in providing secu

02:00 GMT

Japan’s Yokogawa Electric Corporation has been awarded a contract for supply of equipment for the first phase of Algeria’s In Salah Gas project, jointly operated by BP Exploration Limited and Sonatrac

February 5, 2003

02:00 GMT

Algeria’s President Abdelaziz Bouteflika is set to pay an official visit to France on Wednesday.  The Algerian leader is expected to meet with high-ra

02:00 GMT

In Algeria, thirty-nine people were wounded on Tuesday when a train smashed into another at the central train station in the capital city of Algiers,

02:00 GMT

The United States military has significantly strengthened its defense of Kuwait ahead of any invasion of Iraq, by bringing in additional batteries of

02:00 GMT

Strategic Internet Investments has confirmed that Bahrain’s Robodh Contracting Establishment has mobilized the primary construction equipment, including excavators, barges and dredging units, to the D

February 4, 2003

02:00 GMT

The United States on Monday renewed a 14-month-old travel warning for Algeria, advising US citizens to carefully consider the risks of visiting the No

02:00 GMT

First Calgary Petroleums has advised that drilling commenced on its 100 percent held Yacoub Block 406a in Algeria. The YCB-1 well, located in the northwest part of the block, has an estimated drilling

02:00 GMT

Moody's Investors Service has upgraded the long and short-term foreign currency deposit ratings of the Kuwait Finance House to A3 and P-2, respectively, and placed a positive outlook on the D+ financi

02:00 GMT

First Gulf Bank achieved an 80.6 million Emirati dinar ($29.9 million) net profit in 2002, a 31 percent growth compared to last year's profit of Dh 61.7 million. Total operating income increased by 38

February 3, 2003

02:00 GMT

Petro-Canada’s North African and Near East ventures produced 152,000 barrels of oil equivalent per day (bpd) in the fourth quarter of 2002. Net daily production for the region in 2003 is expected to a