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Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman speaks during the opening ceremony of the 24th World Energy Congress (WEC) in the UAE capital Abu Dhabi on September 9, 2019. In his first comments since being appointed by his father King Salman, the minister signalled no major change in approach in Saudi Arabia, the de facto leader of OPEC which pumps about a third of the cartel's oil.
September 10th, 2019 - 07:18 GMT

Saudi Arabia Plans to Enrich Uranium for Nuclear Power

Saudi Arabia wants to enrich uranium for its nuclear power program, Energy Minister Prince Abdulaziz bin Salman said on Monday. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-f…","video_id":"f7d9015a-9d54-4378-b62b-eb602c235947","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Women Leading Top Companies in Middle East"} The world’s top oil exporter says it wants to use nuclear power to diversify its energy mix. “We are proceeding with it cautiously ... we are experimenting with two nuclear reactors,” Prince Abdulaziz said, referring to a plan to issue a ...
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Al Bawaba
January 7th, 2015 - 04:55 GMT

Obsessed with breaking up conglomerates: how Israel's relationship with its natural resources is putting off investors

"Jordan is mature, disciplined, stable and professional," said the banker,
December 2nd, 2014 - 04:57 GMT

A beacon of stability and reform: top banker speaks about Jordan's impending banking bonanza

The International Energy Agency says Iraq’s oil production will fall below three million barrels per day for the first time in six months. Indeed, it could fall by half a million barrels due to long overdue infrastructure work at its southern terminals.
November 17th, 2013 - 09:42 GMT

Are Iraq's oil ambitions going down the drain?

“A single service could connect banks and corporate treasuries, enabling them to share data – including payments, payment statuses, and statements."
September 19th, 2013 - 07:49 GMT

Is MENA banking about to fall under the technology spell?

Iraq builds pipelines and storage terminals in its $1 trillion planned infrastructure program
July 30th, 2013 - 08:17 GMT

A brief history of Iraqi oil- and its future

LinkedIn logo (Source: Wikimedia Commons)
July 10th, 2013 - 05:51 GMT

Advertising to the UAE's modern attention span

Citibank
June 19th, 2013 - 10:20 GMT

Emeraging markets contribution to world GDP set to grow to 70% by 2030

Delays to the Egyptian election process could delay a long-awaited $4.8 billion loan from the IMF, an economists has warned
March 7th, 2013 - 09:06 GMT

Egypt's election delay could harm IMF loan

The Gulf doesn’t have the same deep-seated issue as elsewhere of needing to revive demand to pay off debt
September 2nd, 2012 - 12:19 GMT

GCC countries sitting comfortably

The activity looks set to continue next week before the inevitable summer slowdown and Ramadan sees activity crawl to a halt for a few months in the summer
July 9th, 2012 - 02:38 GMT

Islamic banks celebrate Ramadan with more Sukuks

Multibillion-dollar spending plans for social housing, infrastructure or tourism were supported by a resurgent oil price, with Brent averaging $107 a barrel last year, according to calculations by Reuters
June 7th, 2012 - 02:00 GMT

Additional oil output, lower oil price, different break-even points

This time the Gulf is better prepared, the crisis management capabilities have improved
September 27th, 2011 - 08:44 GMT

Gulf better prepared for new global crisis

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