Main headlines
January 31, 2012
The spokesman of the Iraqi Oil Marketing Company, Hamed Ka'bi, told journalists that the country is negotiating with Japan and South Korea to sell them gasoline.
January 30, 2012
The Iranian government on Sunday warned that the EU oil embargo would lead to a significant price increase.
January 29, 2012
The Algerian economy will be in relatively good condition in 2012 despite the economic certainties characterizing the global economic climate.
January 26, 2012
UAE President Sheikh Khalifa bin Zayed al Nahyan has ordered the partial settling of AED2 billion worth of debt.
January 25, 2012
Lebanese central bank governor Riad Salameh announced yesterday (Tuesday) that Lebanon’s banking sector will implement international sanctions against neighbor Syria.
January 24, 2012
The world’s newest country is suing its former other half because of what South Sudan describes as “stealing” oil.
January 23, 2012
HSBC Bank predicted in a report that Egypt will be among the top twenty fastest growing economies in the world by 2050.
January 22, 2012
Saiid El-Harrach, an expert from Capital Economist group, said that Gulf States will need to boost government expenditures due to an expected reduction in foreign investment in the region as a result of the Iranian crisis.
January 19, 2012
Emirati Foreign Minister Sheikh Abdullah bin Zayed al-Nahyan announced on Monday that the UAE will forgive AED21.3 billion ($5.8 billion) in Iraqi debts
January 18, 2012
Jordan's 2011 energy bill reached JD 2.75 billion
January 17, 2012
Tunisians this week celebrate the one-year anniversary of the popular uprising that toppled the country's former leadership.
January 16, 2012
The Iranian representative to the Organization of Petroleum Exporting Countries (OPEC) on Sunday urged Arab countries not to increase production of crude oil in case of the EU embargo Iranian oil imports.
January 15, 2012
A pipeline designed to carry the UAE's oil to an offshore terminal in Fujairah will begin testing in May.
January 12, 2012
Libya boasts such strong economic fundamentals that they can lead it “within 3 to 5 years to become the ‘Dubai of the Maghreb.”
January 11, 2012
Mohamed ElBaradei, candidate for the Egyptian presidency, said the country needs to take urgent steps to prevent economic collapse amidst the current instability.
