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Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies
February 5th, 2020 - 10:47 GMT

Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies

The hair-trigger tension between Tehran and Washington after the killing of top Iranian general Qassem Soleimani early January weighed on business activity in the region, a monthly survey of private companies showed. Furthermore, the downside risks to regional economic growth remain high with the coronavirus from China spreading globally and disrupting travel and trade as well as impactive on Chinese demand. Countries including the US, Australia, Singapore, and the Philippines ...
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The plan envisages increasing the country’s refining capacity to about 3.2 million barrels a day by 2020 from 1.85 million currently. (Ship and Bunker)
June 16th, 2016 - 01:00 GMT

Iran plans to boost refinery capacity by more than 70 percent in four years

Iran’s oil exports are currently close to pre-sanction levels of around 2.5 million barrels per day. (Iberorusa)
June 13th, 2016 - 11:00 GMT

European companies line up for Iranian oil deals

Destination Asia Group is an integrated travel management company operating in 11 Asian countries. (Global Travel Group)
June 13th, 2016 - 05:00 GMT

Emirates' dnata moves into Asian travel market with stake in Destination Asia Group

A Syrian woman shows her ink-stained thumb after voting in parliamentary elections. (AFP/File)
June 12th, 2016 - 04:00 GMT

Damascus to form new government following parliamentary elections

Syrian woman, who fled the assault in Manbij, talks to a Kurdish fighter at an encampment on the outskirts of the town, June 4, 2016. (AFP/File)
June 9th, 2016 - 06:30 GMT

Daesh retreating to northern Syria under heavy pressure

Russian President Vladimir Putin (L) welcomes Israeli Prime Minister Benjamin Netanyahu during a meeting at the Kremlin in Moscow on June 7, 2016. (AFP/Maxim Shipenkov)
June 8th, 2016 - 05:00 GMT

Putin urges Israel-Turkey reconciliation despite frosty ties with Turkey, alliance with Iran

'You probably think that after years of photographing death and destruction, the attacks would stop affecting me. But it’s not true,' AFP photojournalist Mohamed Abdiwahab reflects on covering Mogadishu.  (AFP/Mohamed Abdiwahab)
June 7th, 2016 - 04:00 GMT

'It felt like the attack had hit me'

Mohammed Sanusi Barkindo from Nigeria (center) takes over as Secretary General from the start of August. (Nigeria Newsdesk)
June 5th, 2016 - 04:40 GMT

OPEC elects new head, downplays meeting deadlock

Security forces guard the courthouse in Kuwait City, Kuwait. (AFP/File)
May 29th, 2016 - 07:19 GMT

Kuwait returns 47 Iranian prisoners to Tehran

Ahead of an Iranian delegation to Saudi on Tuesday, Iran sent a letter listing its rightful demands and propositions aimed at ensuring safety for Iranian nationals during the Hajj.  (Wikimedia Commons)
May 29th, 2016 - 06:00 GMT

Saudi-Iran Hajj talks: Five contentious points still under discussion

Pilgrims on Hajj at Mecca. (Wikimedia Commons)
May 24th, 2016 - 04:30 GMT

Iranian delegation heads to Saudi Arabia to resume Hajj talks

The opening of the Iranian TV market, a largely untapped market for pay TV business, is providing a wealth of opportunities for the regional operators. (Shutterstock)
May 24th, 2016 - 10:00 GMT

Glued to our screens: MENA's pay tv market earnings surge, subscribers expected to double

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