Iraq signs oil deal with Russian-led consortium
Iraq's Oil Ministry says it has finalized a deal with a consortium led by Russian oil giant Bashneft to search ...
Country: Middle East
Iraq needs $1 trillion to rebuild
Iraq needs up to $1 trillion (784 billion euros) over the next 10 years to rebuild its crumbling infrastructure and ...
Mall-based hotels increase in the Middle East
The Middle East is set for a rise in the number of hotels located within mall complexes, as hoteliers look ...
Iraq to build a $4 billion new refinery in Karbala
The Ministry of Oil has allocated $4 billion for the construction of a new refinery in Karbala. According to a ...
Iraq to invite bids to build Karbala airport
The Iraqi government will invite international tenders before the end of December to build the Middle Euphrates Airport at Karbala, ...
Kuwait to spend $100 billion on oil projects over 5 years
OPEC member Kuwait plans to spend some $100 billion on oil projects inside and outside the Gulf state over the ...
Kuwait’s Alafco confirms $2 billion order for Boeing 737s
Kuwait airplane leasing company Alafco and Boeing have finalized an order for 20 Boeing 737 MAX 8s valued at $2 ...
Arab equity markets up 4%
Arab stock markets increased by 4.3% and GCC equity markets rose by 3.9% in the first 10 months of 2012 ...
Iraq‘s fiscal surplus projected at 2% of GDP in 2013
Citigroup indicated that the Iraqi Cabinet ratified the 2013 draft budget that includes spending of 138 trillion Iraqi dinars ($118.3 ...
InterContinental has 110 hotels in Middle East and India pipeline
The InterContinental Hotels Group (IHG) has 110 hotels in the pipeline for the Middle East, India and Africa due to ...
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