April 29, 2013
Libya will start shipping oil to Egypt next month on soft credit terms worth $1.2bn, two Libyan oil industry officials told Reuters.
Jordan has requested a further $200 million from Japan, in what would be the latest round of financing from the Asian nation.
Egypt is negotiating the interest rate on $3 billion worth of Egyptian treasury bonds that Qatar committed to buying earlier this month, Planning Minister Ashraf El-Araby has said in comments reported by state-owned Al-Ahram daily.
April 28, 2013
A rapid oil appraisal program is under way in the Kurdish region of Iraq following a successful test of a second well, Genel Energy said.
Iranian Oil Minister Rostam Qasemi says Iran’s natural gas exports to Turkey will increase following the establishment of a planned joint pipeline.
Egypt's first no-alcohol hotel was opened in the touristic city of Hurghada on Saturday, with an entire floor for women only.
The Dreamliner aircraft has been cleared for take-off again, much to the relief of Middle East airlines who have ordered hundres of model.
Ten satellite television channels in Iraq have been suspended by the government for promoting sectarianism and violence, the country’s media watchdog said Sunday.
The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.
Lebanon's Energy Ministry and the Turkish company operating the electricity barge refrained for a third day from making a public statement explaining the sharp drop in electricity production by the ship.
Jordan's Prime Minister Abdullah Ensour on Friday said that no decision to increase prices of electricity will be taken without consultation with the Lower House.
Lebanon's Tourism Ministry is denying that there has been a boost to the countries beleaguered industry following the appointment of Tammam Salam as prime minister-designate.
Arab Bank on Thursday said a New York federal court has rejected some of the lawsuits filed against the financial institution that alleged it provided banking services to terrorist groups.
April 25, 2013
The Turkish operator of the power ship hired by Lebanon has cut its electricity production because of poor quality diesel, according to sources.
Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies, its petroleum minister said in remarks published Wednesday.