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Saudi projects huge deficit as oil price drop bites
(MENAFN - AFP) Saudi Arabia announced a 2015 budget with a huge deficit Thursday as the world's largest crude exporter begins to feel the impact of its own decision not to shore up oil ....
Kuwait's KNPC to increase natural gas capacity
(MENAFN) Kuwait National Petroleum Company announced that it will raise its natural gas production capacity to more than two billion cubic feet a day after commissioning a new plant in the ....
Abraaj, Kellogg bidding war continues for Egypt's Bisco Misr
(MENAFN) The bidding war between UAE's Abraaj and Kellogg Co, the world's largest breakfast cereal maker, continues to intensify to acquire the USD144 million worth Egyptian snack maker Bisco Misr ....
Qatar's beIN to buy USD820m stake in Turkish TV
(MENAFN) Qatar's beIN Media Group, which runs beIN Sports, announced it has agreed to pay USD820 million for the acquisition of 53 percent of Turkish pay-TV giant Digiturk, Arabian ....
Arab region to invest USD356b on power projects
(MENAFN) According to a new study by Kuwaiti-based Arab fund for economic and social development (AFESD), Arab states will need to pay nearly USD356 billion in investments for the construction ....
Saudi projects big deficit in 2015 after oil price drop
(MENAFN - AFP) Saudi Arabia, the world's largest crude exporter, on Thursday announced a 2015 budget with a huge $38.6 billion deficit due to the sharp decline in oil prices but still ....
Iraqi Prime Minister Heads to Turkey
(MENAFN - QNA) Iraqi prime minister Haider Abadi began Thursday morning a two-day official visit to Turkey. During the visit, Abadi will hold talks with Turkish officials on means of ....
Turkey Condemns Deadly Explosion in Baghdad
(MENAFN - QNA) Turkey has condemned an explosion in the Iraqi capital Baghdad that killed around 50 people on Wednesday. "We strongly condemn this reprehensible attack that targeted ....
Art therapy gaining popularity in sultanate, showing results
OETC workshop explores growth, new civil contracts
SEZAD-MRMWR pact on public facilities
Oman among top 5 Arab states in ICT Development Index: ITU
Royal Oman Police News: Man held, 107 bottles of liquor seized
Summary of Local News ReleasedWednesday - 1-



 
 

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