Saturday 12 July 2014

Saudi cuts Bahrain pilgrims' Haj quota

Saudi Arabia’s Haj Ministry has reduced the quota of pilgrims for Bahrain this year to 3,700, due to ongoing expansion projects in the Holy Mosque.    Bahrain Haj mission head Shaikh Adnan Al Qattan st


Opec quota talks at least 2 years away: Iraq

Iraq, gaining on Iran as Opec's second-largest oil producer, is at least two years away from reaching an output level that will prompt a debate within the producer group on setting Baghdad's individual output quota, a senior Iraqi official


Saudisation quotas in private firms on the rise

Edexcel, a leading provider of internationally recognized academic and professional qualifications, said the Saudisation quotas in private companies are growing at an impressive rate, mainly driven by vocational training of Saudi nationals.


Opec's present quota system 'is dead'

Opec's failure to reach an agreement on output leaves members free to produce at will, a senior Opec delegate said on Wednesday.    'This agreement is not a rollover -- it means death to the existing quota system, a


Iraq rules out Opec quota talks now

Iraq sees no need to even discuss an Opec quota until its output reaches 4 million barrels per day (bpd) so any talk of a specific limit before then is premature, the country's oil minister said. Iraq has agreed deals that would boost outp


Opec to stem quota leakage after deal

Opec agreed on Tuesday to keep supply curbs unchanged but faces an uphill battle to crack down on those in its ranks failing to comply with quota restrictions if it wants to drain bulging global fuel inventories. The 12-member Organization


Iran to cut winter gasoline quota 20pc

Iran will reduce heavily subsidised gasoline quota for private motorists in winter, a senior official said on Tuesday, the official IRNA news agency reported. Such a move could help the country lower its consumption as well as vulnerabilit

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