Middle East carriers to make $1billion profit in 2013
Tony Tyler, chief executive officer and director general of IATA (International Air Transport Association), told reporters on Tuesday that airlines ...
Country: Middle East
Iraq awards $170 million water contract
Iraq has picked U.S. firm CH2M Hill for a contract worth $170 million to help manage a water injection project, ...
Global oil consumption to slightly increase in 2012
Global oil demand is projected to reach 89.8 million barrels per day (b/d) in 2012, constituting an increase of 1% ...
$700 million contract to build 6000 houses in Baghdad
The Sunni Endowment signed a contract with a Turkish company with a cost of $ 700 million to build 6000 ...
Iraq buys 100,000 tons Thai rice
The Iraqi Grain Board, a state-run entity, has bought 100,000 metric tons of Thai rice for delivery in December, head ...
1million bpd oil pipeline between Turkey and the northern region of Iraq
The Kurdistan Regional Government (KRG) is planning to build an oil pipeline to Turkey with a capacity of 1 million ...
Kuwait’s Burgan bank eyes 25% stake in Maltese bank
Kuwait's Burgan Bank, which recently bought the Turkish arm of EFG Eurobank, announced that it is planning to buy a ...
Iraq oil output to double
Iraq's oil output is on track to more than double in the next decade, supplying almost half the growth in ...
IMF: Oil boom to spur MENA region's growth
High oil prices will support economic expansion in the Middle East and North Africa in 2012-2013 as importers grapple with ...
Mena oil producers plan $740 billion investment in energy projects
Oil producers in the Middle East and North Africa plan to invest $ 740 billion in energy projects in the ...
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