Arabic

Iraq to raise oil production despite low prices

Iraq to raise oil production despite low prices

Iraq is focusing on boosting oil production despite falling oil prices, ahead of OPEC's meeting on Thursday where the cartel will seek to resolve the cost and supply dilemma, Iraqs state company for oil projects Director General said

KSA strong enough to withstand lower oil prices

KSA strong enough to withstand lower oil prices

OPECs biggest crude producer Saudi Arabia will have its sights set on the upstart US shale oil business at a crucial meeting to debate possible output cuts on Thursday

Iraqi oil revenue via Turkey reaches $2bn, Turkish min.

Iraqi oil revenue via Turkey reaches $2bn, Turkish min.

Iraq has already exported $2 billion worth of oil from northern Iraq, Turkey's Energy Minister Taner Yildiz said Monday

Saudi business community buoyant as optimism levels advance in Q4

Saudi business community buoyant as optimism levels advance in Q4

Dun & Bradstreet South Asia Middle East Ltd. (D&B) in association with the National Commercial Bank released the D&B Business Optimism Index (BOI) survey for Saudi Arabia for Q4, 2014

Egypt hopes to attract $12bn at major investment summit

Egypt hopes to attract $12bn at major investment summit

Egypt hopes to attract investment of $10-$12 billion in 20 projects, including in energy, transport and water, at a major conference in mid-March, the minister for international cooperation said

Algeria and Turkey plan partnerships in African market

Algeria and Turkey plan partnerships in African market

Algeria and Turkey plan to work as strategic economic partners in Africa, the Algerian Prime Minister Abdelmalik Sellal said in a business forum held in Algiers on Wednesday

Russian and Saudi's global energy body not realistic

Russian and Saudi

The reports in the Australian press claiming a deal between Saudi Arabia and Russia to build a new "Global Energy Body" during the G-20 Summit are not realistic, according to the experts

Saudi Arabia to open stock market to foreigners before April

Saudi Arabia to open stock market to foreigners before April

Foreign institutional investors are expected to begin direct trading of Saudi Arabian stocks before April next year, the Asharq Al-Awsat newspaper reported, quoting unnamed sources

Yildiz: Erbil-Baghdad deal guarantees stability

Yildiz: Erbil-Baghdad deal guarantees stability

The agreement reached between Baghdad and Erbil on Friday is a guarantee of stability for the two governments, said Taner Yildiz, Turkey's Energy Minister at a press conference Friday in Kocaeli province of Turkey

Iraq: Baghdad, Erbil agree to resolve oil export issue

Iraq: Baghdad, Erbil agree to resolve oil export issue

Iraqs federal government and the semiautonomous Kurdish Regional Government agreed Thursday to resolve all of their outstanding issues, including the crucial issue of oil exports