Monday 8 February 2016
 
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Managing GCC energy reforms 'a challenge'

The energy-pricing reforms by GCC governments will have direct and indirect effects on the welfare of households and the profitability and competitiveness of the regional industry, according to a report.   The la

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Subsidy reforms ‘key to beat govt cash crunch’

Subsidy reform and further diversification are the most critical elements in overcoming the current squeeze on government revenues resulting from a sustained period of lower oil prices, according to experts. Energy and financial s

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Saudi’s Apicorp to acquire shipping asset soon

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, its chairman told Reuters on Thursday.   &

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Apicorp mulls debt issues next year

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) hopes to issue one or two debt deals in the coming year, the energy investment company's chairman told Arabiya television. "We hope next year to have one or two

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Apicorp mulls debt issues next year

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) hopes to issue one or two debt deals in the coming year, the energy investment company's chairman told Arabiya television. "We hope next year to have one or two

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Saudi-based Apicorp mulls debt issues next year

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) hopes to issue one or two debt deals in the coming year, the energy investment company's chairman told Arabiya television.   "We hope next yea

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Oil investments must continue says Al-Naimi

Saudi Arabia's Oil Minister Ali Al-Naimi said on Thursday that future oil investments should continue to meet an anticipated global growth in crude demand by more than 1 million barrels per day. "Demand for oil is continu

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Top energy experts to discuss policies at Apicorp forum

Leading energy sector experts and ministers from Saudi Arabia, Kuwait, Egypt and Bahrain, convened in Manama recently, to discuss the policies, outlook and financing options available to the Arab region's energy markets.  

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Apicorp tightens guidance for benchmark sukuk

Saudi Arabia-based Arab Petroleum Investments Corporation (Apicorp) has tightened price guidance for its debut benchmark US dollar-denominated sukuk issue, which could be priced as early as Monday, a document from lead arrangers showed.

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‘Time for GCC to rethink downstream strategy’

Faced with increased competition in global refined products markets, subsidized prices in local markets, and overcapacity in global refining, it is a good time for GCC governments to re-evaluate their downstream strategies, a report said.

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