Friday 16 November 2018
 
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Orpic Logistics eyes strategic fuel reserve

Orpic Logistics Company, the fuel logistics arm of Oman Oil Refineries and Petroleum Industries Company (Orpic), is considering to establish strategic fuel reserves for the country, said a report. The ambitious move is set to take

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Orpic Logistics eyes strategic fuel reserve

Orpic Logistics Company, the fuel logistics arm of Oman Oil Refineries and Petroleum Industries Company (Orpic), is considering to establish strategic fuel reserves for the country, said a report. The ambitious move is set to take

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Abu Dhabi unveils world’s largest reserve of desal water

Abu Dhabi today unveiled the world’s largest reserve of high quality desalinated water, secured in a network of 315 recovery wells lying up to 80 m below the Liwa Desert.    The wells are fed by one of

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Exclusive Valentine's Day offer at La Réserve Genève

La Réserve Genève - Hotel and Spa, a luxury property located on the shores of Lake Geneva, is offering visitors a special “Valentine’s Day” package. From February 9 to 18, guests can enjoy a complim

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Oman to boost tourism investment through natural reserves

Oman is looking to open up new avenues for investment in the tourism sector with plans to develop and manage natural reserves in the sultanate, said a report. Oman's natural resources, which include natural reserves and spring

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Oman's nature, wildlife reserves gain investment interest

Nature and wildlife reserves in Oman are expected to lead private investments in tourism industry as private investors have submitted applications for the development of two key reserves in the sultanate, said a report. According

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Saudi foreign reserves fall slows after bond sale

The speed of decline in Saudi Arabia's foreign reserves slowed in July after the government began issuing domestic debt to cover part of a budget deficit created by low oil prices, central bank data showed on Thursday.  

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Iran's foreign reserves total $115-125bn

Iran's foreign reserves total between $115 billion and $125 billion, including assets in its sovereign wealth fund, its industry minister said on Friday in one of the most detailed public descriptions of the reserves by an Iranian official.

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UAE ‘can keep spending despite plunge in oil prices’

The large fiscal reserves which the United Arab Emirates has built up will allow it to keep spending on development projects in coming years despite the recent plunge in oil prices, the economy minister said. Although some people

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Nature reserve to be fenced off in Bahrain

A planned nature reserve in the west of Bahrain is being fenced off to prevent further fly-tipping after thousands of tonnes of rubbish were dumped on the site. Fencing work at Al Louzy, where 160,000 sq m has been set aside for a

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