Main headlines

April 29, 2013

Libya will start shipping oil to Egypt next month on soft credit terms
07:50 GMT

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 $200 million from Japan
07:40 GMT

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 bonds that Qatar agreed to purchase
03:55 GMT

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

More oil has been discovered in Iraqi-Kurdistan
14:21 GMT

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.

Iran is to export more gas to Turkey
13:25 GMT

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
13:01 GMT

Egypt's first no-alcohol hotel was opened in the touristic city of Hurghada on Saturday, with an entire floor for women only.

Boeing's 787 Dreamliner has re-entered commercial operations, to the relief of airlines across the MENA region
12:51 GMT

The Dreamliner aircraft has been cleared for take-off again, much to the relief of Middle East airlines who have ordered hundres of model.

Iraq has suspended ten satellite television channels for allegedly  "encouraging violence and sectarianism" after a wave of violence left hundreds dead (Getty)
12:41 GMT

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.
10:25 GMT

The price of Kuwaiti crude oil jumped to almost $100 a barrel in weekend trading.

Lebanon's energy ministry has refused to comment a dip in power ship output
09:47 GMT

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 has said that no decision on increasing electricity prices will be taken without consulting the country's lower house
09:29 GMT

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 has denied that the appointment of Tammam Salam as prime minister has boosted tourism
09:26 GMT

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 has said that a New york court has rejected some claims that it provided funding  to terrorist organisations
03:51 GMT

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
13:49 GMT

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 bigger share in oil and gas projects run by foreign companies
13:28 GMT

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.