Thursday 28 July 2016
 
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Egypt signs exploration deals with US and Cyprus firms

Egypt's minister of petroleum and mineral resources signed two agreements for oil and gas exploration in upper Egypt with US company IPR and Cyprus subsidiary Mediterra, the ministry said in a statement.   Th

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Iranian officials revive ghost of oil deals disliked by majors

Iran's officials are reviving the idea of developing oil fields using buy-back deals that international oil companies dislike, suggesting renewed tensions between hardliners and reformists over the future of the industry. &nbs

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Saudi, France plan major trade agreements

Saudi Arabia and France are expected to sign major trade agreements in defence, energy, health care, agriculture, transport, research, housing, sports, media, environment and tourism during the current visit of Deputy Crown Prince Mohammed bin S

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Oman’s Al Mazunah Free Zone signs 21 investment deals

Oman’s Al Mazunah Free Zone has seen significant investments in the first quarter of 2016, with agreements inked with 21 companies, along with plans to build a hotel in the free zone, according to a senior official. The tota

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DP World wins Limassol port concession deals

DP World and the Government of the Republic of Cyprus have entered into two separate concession agreements for the commercialisation of activities within Limassol port, Cyprus.   DP World Limassol has been awarded a 25-year e

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France signed $2.26bn deals with Egypt

France signed several deals worth about €2 billion ($2.26 billion) with Egypt during a visit by French President Francois Hollande to Cairo, the French president's office said. The deals included a satellite communication

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Oil traders in barter deals with Iran

Global oil traders have entered into rare barter deals with the National Iranian Oil Company (NIOC), supplying Iran with much-needed gasoline in exchange for high-quality fuel oil, after most economic sanctions against Tehran were lifted in Ja

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Visa to kick off DSF with ‘Impossible Deals’

Visa, a global payments technology company and official payments partner of the 21st Dubai Shopping Festival (DSF) 2016, has launched the ‘Impossible Deals’ campaign that will offer Visa cardholders a limited number of impossible d

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Oil majors press Iran for sweeter oil terms post-sanctions

Iran will have to offer lucrative contracts terms to draw back international oil companies at a time when the oil industry is more focused on profitability as it gears up for a longer period of low oil prices, executives said. &nb

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Dubai Airshow deals hit close to $30bn

Orders at the Dubai Airshow flowed in thick and fast on Monday, as deals worth almost $30 billion were agreed.   Among those agreeing new purchases at the world’s fastest growing aerospace event were Boeing and Jet Airwa

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