MEObserver News


1-Riyadh mandates early closing of national accounts.

2-Siemens awarded Qatar gas contract.

3- Iraqi Kurdistan says it will no longer sell oil via Baghdad.

4- Dubai hotel secures Islamic finance.

5- Bahrain’s Investcorp, has bought eight residential properties in the United States for about $400m through its US unit.

5-UAE to save Dhs 9.1bn by slashing fuel subsidies.

6- Tunisia has signed a KD50m ($166m) road loan.

7- Jordan picks Shell to supply first two years of liquefied natural gas supply in tender.

8-Morocco government sees GDP growth at 3 pct in 2016-budget draft.

9- Lebanon may be among the few countries in the region that could receive compensation from the World Bank for hosting Syrian refugees.

10-UN sees chance for local ceasefires in Syria, so this will help in improving the economic status there.

11-Ceremony was held in Oman for laying the foundation-stone for the RO 240 million worth Salalah II Independent Power Plant.

12- Sudan inflation climbs to 13.1 pct year/year.

13- SR50 million was granted as humanitarian aid to Yemeni refugees by Saudi Arabia who also constructed 300 housing units for Yemeni refugees in Djibouti.

14-DP World joins the Algerian Business Council in Dubai and Northern Emirates as a strategic partner.

15- SP gas output in Iran to increase 100mcm.

16-The UN delegation in Libya held a meeting that included a number of Libyan economic experts and businessmen to participate in solving the economic and social problems in the country.

17- National Bank of Kuwait (NBK), the Gulf Arab state’s largest commercial lender posts 9 per cent rise in Q3 net profit.


Please enter your comment!
Please enter your name here