Kuwait: Oil prices to rise as high-cost producers bow out
Kuwait’s oil Minister Ali al-Omair believes that oil prices will rise by next year because high-cost oil producers have started to cut their production. He […]
Kuwait
Egypt ventures into Iraq for oil
Egypt has acquired 10% of the concession of Kuwait Energy, a private firm, on an oilfield in Basra, southern Iraq. Egyptian Petroleum minister Tarek El-Molla […]
Egypt: New Suez Canal dedicated
The Egyptian government has opened the Suez canal expansion project which added 35km channel to the canal and deepened the main waterway to make it […]
Algeria and U.S hail bilateral ties as Strategic Dialogue opens
Algeria’s Foreign Minister Ramtane Lamamra met with U.S Secretary of State John Kerry in Kuwait to discuss bilateral relations and areas of mutual interest between […]
Morocco Teams Up with Gulf Investors to build New Mall
Morocco is planning to build a new shopping centre in its capital city of Rabat, near the Bouregreg River which is undergoing a facelift with […]
Kuwait ready to combat terrorism, Ambassador AL Sabah
Kuwait’s Ambassador to the United States, Sheikh Salem Abdullah Al Jaber AL Sabah, has reiterated the Emirate’s commitment to fighting against terrorism and its funding […]
Algeria and Kuwait attack with Bladabindi and Jenxcus viruses, Microsoft
Algeria and Kuwait have been branded by Microsoft Corporation as a hub for two malicious viruses that can execute functions such as viewing a computer […]
OPEC shares expectations on MENA countries in 2014
The Organization of Petroleum Exporting Countries (OPEC), which pumps more than a third of the world’s oil, suffered a cutback of oil production over the […]
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 […]
GCC: Budget deficits to rock states by 2015, IMF
Members of the Gulf Cooperation Council namely Saudi Arabia, the UAE, Kuwait, Qatar, Oman and Bahrain could be facing serious economic woes and budget deficits […]