Middle-east Arab News Opinion | Asharq Al-awsat

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Workers clean photovoltaic panels inside a solar power plant in Gujarat, India, in this July 2, 2015 file photo. REUTERS/Amit Dave/Files

CESI: Saudi Arabia has Potential to Lead Regional Energy Production

by Fatah Al-Rahman Youssef | Oct 12, 2017 | Business

Riyadh — Italian Chief Executive Officer of CESI Matteo Codazzi said that Saudi Arabia enjoys all the conditions needed to become a leading energy production giant—especially in light of its ambitious programs on technology and localization of the renewable energy...

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European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium, October 28, 2015. REUTERS/Francois Lenoir

European Commission Approves €200m Loan for Tunisia

by Al-munji al-Saaidani | Oct 12, 2017 | Business

Tunis – The European Commission approved this week the disbursement of a €200 million loan to Tunisia as part of a total of €500 million to be disbursed in three installments in 2017 and 2018. “The disbursement to Tunisia is proof of our strong commitment to...

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Saudi minister of finance Mohammed al-Jadaan gestures during the 2017 budget news conference in Riyadh, Saudi Arabia December 22, 2016. REUTERS/Faisal Al Nasser

Saudi Finance Minister: Significant Progress in Implementing Economic Reforms

by Asharq Al-Awsat | Oct 12, 2017 | Business

Riyadh- In a speech at the Saudi Investment Forum hosted by J.P. Morgan in New York on Tuesday, Minister of Finance Mohammed al-Jadaan lauded the Kingdom’s economic policy and its pivotal role in achieving the Saudi Vision 2030 in the light of the remarkable...

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Morocco’s Prime Minister Saadeddine al-Othmani (R) meets his Russian counterpart Dmitri Medvedev in Rabat on October 11, 2017 (AFP Photo/FADEL SENNA)

Morocco, Russia Promote Cooperation with Signing of 11 Agreements

by Latifa Al-Arosni | Oct 12, 2017 | Business

Rabat- Morocco and Russia boosted bilateral cooperation on Wednesday with the signing of 11 agreements in energy, agriculture, culture, education, investment and trade sectors, following talks between Prime Minister Saadeddine al-Othmani and Russian Prime Minister...

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REUTERS

OPEC: Higher Demand Forecast for Oil, Points to Tighter Markets in 2018

by Asharq Al-Awsat English | Oct 11, 2017 | Business

The Organization of the Petroleum Exporting Countries predicted higher demand for its oil in 2018 on Wednesday and said its production-cutting deal with rival producers was getting rid of a glut, pointing to a tighter market that could move into a deficit next year....

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Bahrain’s Minister of Oil, Sheikh Mohammed bin Khalifa al-Khalifa speaks during the opening of the Middle East Petrotech 2016, an exhibition and conference on refining and petrochemical industries, in Manama, Bahrain, September 26, 2016. REUTERS/Hamad I Mohammed

Bahrain: Completion of Oil Pipeline with Saudi Arabia in 2018

by Obaid Al-Suhaymi | Oct 11, 2017 | Business

Manama- “A new 350,000-barrels-per-day oil pipeline between Saudi Arabia and Bahrain will be completed in 2018 to serve the planned expansion of Bahrain’s refinery capacity while construction of a gas pipeline is being considered,” Bahrain’s Oil Minister Sheikh...