The Middle East accounts for 43% of world's proven natural gas reserves
The Middle East region's proven natural gas reserves were estimated at 2,843 trillion cubic feet (tcf) at end-2012, equivalent to ...
Country: Middle East
Potential gas reserves reach 170 trillion cubic feet in Iraq
Iraqi Prime Minister, Nuri al-Maliki said that the fixed gas reserves in Iraq amounted to about 112 trillion standard cubic ...
GM and Honda to develop hydrogen fuel-cell vehicles by 2020
General Motors and Honda will jointly develop hydrogen fuel-cell vehicle systems over the next seven years, the latest alliance in ...
The Middle East accounts for 4% of global individual wealth
The financial wealth of high net worth individuals (HNWI) around the world reached a record high of $46.2 trillion in ...
Lukoil plans to double its investments in Iraq
Iraqi government said that the Russian company Lukoil plans to double its investments in the extraction and petrochemical industries field ...
Natural gas prices to significantly rise in 2013 partly due to limited production
The global natural gas market is forecast to post surpluses in each of 2013 and 2014 as demand growth remains ...
Construction of $2.3 billion Empire World project in Erbil on track
The construction of the Empire World residential and tourism project in Kurdistan region of Iraq has reached around 70% completion, ...
Mideast carriers need 2,000 new aircraft worth $408 billion
Passenger traffic in the Middle East will increase by 6.2 per cent annually over the next 20 years, with airline ...
Kuwait to invest $5 billion in UK infrastructure
The Kuwait Investment Authority (KIA) plans to invest as much as $5 billion in infrastructure assets, primarily in the UK ...
Housing project opens to private sector partnership in Kurdistan region of Iraq
The Kurdistan Investment Authority has recently offered a project involving the construction of 650 housing units for physicians in the ...
The resource of credible, industry-specific updates