Iraq gets jets for defense purposes
Iraq has signed a deal worth $1,1billion to buy T-50IQ fighter jets to boost its air force capacity. Prime Minister Nouri al-Maliki represented Iraq while […]
Business
Algeria : attracting Middle East investors and Kuwaitis in particular
Algeria has embarked on a campaign to attract Arab investors after a reform of its laws. The President of the Algerian Chamber of Commerce and […]
Algeria: tax exemption to promote agriculture
Algeria is planning to increase the scope of its tax exemptions for certain domains and regions in its 2014 budget. The decision is in line […]
Libya prepares seafood exportation to the EU
The General Manager of Libyan Export Promotion Centre, Moneer Ali Assar, has revealed plans of their desire to compete for a place in the European […]
Mauritania gets first wind plant
Mauritania has commissioned its first wind turbine for the generation of electricity with Spanish company Gamesa. The deal will lead to the installation of 15 […]
Qatar Petroleum eyes international expansion to resist global competition
Qatar’s energy minister Mohammed Bin Saleh Al-Sada has stated that there are plans to make Qatar Petroleum (QP) a worldwide leading company in the sector […]
Algeria: Oil and gas findings vs. the European gas reduction of consumption
Algeria’s oil sector has welcomed jubilant news after results from the Hassi R’mel field showed that it has some one billion barrels of oil while […]
Oman-Iran: North-South corridor project gas pipeline
The much awaited natural gas pipeline construction between Oman and Iran will be completed in 2015. Negotiations over the 60billion deal took a decade for […]
Algeria discovers “extremely promising” gas reserves
Energy Minister Youcef Yousfi has denied claims that Algeria will be forced to forgo the exportation of natural gas due to the unsymmetrical balance between […]
Libya gives Malta preferential oil rates
Libya and Malta have taken an important step in reviving their relations through a Memorandum of Understanding designed to give Malta preferential rates for oil […]