Russia, OPEC discuss oil cuts ahead of scheduled June meeting
Some OPEC members are considering output cuts till the end of 2020...
Saudi Arabia
OPEC and partners mulls cutting production for the next three months
They might decide to cut oil output by about 4.3 million bpd...
Brazil’s Petrobras to cut production by 3% in response to coronavirus
The company will also delay dividend payment and slashed 2020 investments by...
Zain launches fibre broadband services in Bahrain
The new service is being launched in partnership with Bahrain’s National Broadband...
Norway sovereign wealth fund disposes 60% of Saudi equities
The fund sold more than two-thirds of its Saudi equities last year...
Aramco receives clearance on proposed 70% acquisition of Sabic
The European Commission has granted unconditional clearance on the acquisition but is...
Saudi’s telecom operators, ISPs to boost next-gen FTTH connectivity
The two parties have signed an open access agreement to ensure availability...
Saudi’s Esnad launches property management firm in Bahrain
The firm will provide end-to-end consultancy services targeting individuals, investors and corporates...
IMF calls upon Kuwait to speed up reforms, levy taxes
Ever since crude prices plunged in mid-2014, Kuwait has been severely affected...
Negotiations for acquiring Bank-Audi Egypt are on, says First Abu Dhabi Bank
First Abu Dhabi Bank said that the discussions are in accordance with...