Algeria
February 4, 2003
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
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
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
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
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
Gulf Air recorded double-digit growth in passenger numbers in all classes on routes between its Gulf gateways and London, Paris and Frankfurt. “Compared with the same period in January 2002, the occu
February 2, 2003
In Hebron area, Israeli bulldozers Sunday demolished 22 houses in Beit Anoun village after forcing their inhabitants to evacuate them under gunpoint,
French President Jacques Chirac will make an official landmark visit to Algeria between March 2 to 4, his office announced Friday, in the framework of
Abdelmalek Benbara, an Algerian parliament member whose decomposing body was found in Paris last week, was stabbed to death shortly before his disappe
British company Capital Oil and Gas (COG) is venturing into Yemen with its first oil exploration deal signed last week. The concluded a production sharing agreement with Yemen's Ministry of Oil and Mi
Le Meridien's seven United Arab Emirates (UAE) properties have joined forces in a thrust to reinforce the luxury hotel group's dominant presence in the UAE where Le Meridien manages a stock of almost
Anadarko has earmarked $381 million for exploration in the Middle East, North America, North and West Africa and Australia. Anadarko's 2003 Algeria program will focus on exploration and development dr
Technip-Coflexip to design GTL complex in Qatar and Sasol South Africa, awarded Technip-Coflexip an EPC contract, worth about $675 million, for the design and construction in Qatar of a natural gas-t
January 30, 2003
The decomposing body of a missing Algerian MP has been found in the boot of his car in Paris. Abdelmalek Benbara, a member of the prime minister's p
Israel is scheduled to receive a German consignment of two anti-missile batteries by mid-February, loaded with 128 rockets. The American Patriot defense systems, designed to intercept surface-to-surfa