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Sudan firm to export animal feed to GulfSudan's biggest sugar producer plans to export up to 50,000 tonnes of animal feedstock annually to Arab Gulf countries. Kenana is one of the few Sudanese companies outside the gold industry attracting large amounts of foreign More… |
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Kuwait current account surplus up 20pcKuwait's current account surplus widened nearly 20 per cent to KD22.2 billion ($77.8 billion) in 2012 compared with the previous year, central bank data showed. The 2012 surplus soared to nearly 50 per cent of the Opec m More… |
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Citadel sees higher revenues from weak currencyEgypt's Citadel Capital hopes to raise $300 million from divesting non-core assets within three years, its chairman said, predicting that some of its businesses would benefit from an export boom because of the weak Egyptian More… |
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Kuwait trade surplus edges higher to $23.4bnKuwait’s trade surplus edged marginally higher to KD6.6 billion ($23.4 billion) in the third quarter of 2012, but remained below the KD7.2 billion record-high registered in the first quarter, said a report. Kuwait’s tr More… |
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Iran oil exports rise despite sanctionsIran's crude oil exports in December leapt to their highest level since European Union sanctions took effect last July, analysts and shipping sources said, as strong Chinese demand and tanker More… |
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Iraq plans tough steps against Kurdistan, oil firmsIraq plans tough measures against the country's Kurdistan region and foreign oil companies working there to stop "illegal" crude exports in an escalation of its standoff with the autonomous enclave, the oil minist More… |
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Kuwait's budget surplus likely to hit $46bnKuwait's budget surplus is likely to reach KD11 to 13 billion ($39 to $46 billion) for the current fiscal year on higher than expected oil revenue before allocations to the Reserve Fund for Future Generations (RFFG), said a report. More… |
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US trade deficit narrowsThe US trade deficit narrowed in September as exports increased, suggesting global demand for US goods was holding up despite the debt crisis in Europe. Other data on Thursday showed a drop in n More… |
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Iran sees NGL plant opening by 2014Iran expects to open a natural gas liquids (NGL) plant near its main oil export facility on Kharg Island before March 2014, Iran's oil ministry news service reported on Wednesday. The project will gather associated gases from More… |
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Iran signs private contracts to export oilIran has signed agreements to sell four million barrels of oil through private companies, an official was quoted as saying on Saturday, in an attempt to avoid Western embargoes. European Union and US sanctions aimed at stopping Ir More… |
