MEObserver Arab & Gulf News

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1- Iran plans to tender 15 mining and metals projects within the next four months, according to the Ministry of Industry, Mines and Trade.

2- Saudi economy expected to shrink by 14 per cent this year.

3- Bahraini capital Manama will host the Arab Petroleum Investments Corporation’s (Apicorp) Energy Forum on 19 th of November which will witness the attendance of Oil ministers from Saudi Arabia, Kuwait and Egypt to discuss energy policy.

4- Algeria is planning four projects to develop its phosphate processing industry.

5- Qatar invites firms to qualify for roads network programme

6- Building a bitumen refinery in Sohar, Oman, India-based McNally Bharat Engineering Company (MBE) and its Omani partner, EMC Group, have won the $315m contract of the project.

7- Design study awarded on Dubai bulk liquids terminal.

8- Descon wins $170m Abu Dhabi onshore oil field contract.

9-Iraq’s State Company for Oil Projects (Scop) and its contractor have selected France’s Veolia Water Technologies to engineer, procure and deliver a water recovery unit for the $6.04bn Karbala New Refinery project in the Karbala province.

10- The unemployment rate in Jordan stood at 13.8 per cent during the third quarter of this year, according to Department of Statistics ( DoS ) figures.

11- Lebanese banks have snapped up most of the $2.2 billion eurobond issue which is expected to be officially announced this week.

12- The Moroccan government plans to spend 15.5 billion dirhams ($1.61 billion) on subsidies, down from 23 billion dirhams budgeted for this year.

13- The Sudanese oil and gas minister Mohamed Zayed Awad announced that Sudan has applied to become an OPEC member.

14- Design completed for Kuwait fuel depot.

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