Tuesday 25 July 2017
 
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Opec oil ministers set for crucial Russia meeting

Oil ministers of Organization of the Petroleum Exporting Countries (Opec) will be meeting their counterparts from the non-Opec countries in Saint Petersburg in Russia on tomorrow to assess conformity with a recent output cut resolution, said the

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Qatar must walk-the-talk on terror, says UAE minister

The UAE's Minister of Foreign Affairs and International Co-operation Sheikh Abdullah bin Zayed Al Nahyan has welcomed Qatar's recent signing of an anti-terrorism agreement with the US, but expressed concern that the nation might not foll

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No urgent need for Opec deal adjustment, says Saudi minister

There is no evidence the global oil producers' pact needs to be adjusted now, said a Reuters report citing the Saudi energy Minister Khalid Al Falih who is on a visit to Kazakhstan. Al Falih described the recent weakn

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Better FDI strategies needed says UAE minister

The UAE must pay greater attention to developing improved foreign direct investments (FDI) strategies to increase productivity and enhance national competitiveness, said a top official. The UAE must pay greater attention to develo

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Former Lebanese minister get key IMF role

International Monetary Fund (IMF) has appointed Jihad Azour, former finance minister of Lebanon, as the new director of the Middle East and Central Asia Department. He will replace Masood Ahmed who left the Fund in October. A dual natio

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Saudi Arabia sacks finance minister Al-Assaf

Saudi Arabia sacked Finance Minister Dr Ibrahim bin Abdulaziz Al-Assaf and replaced him with Mohammed bin Abdullah bin Abdulaziz Al-Jadaan, a Royal order said. Another Royal order Al-Assaf was appointed as Minister of State and Me

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Bahrain minister discusses future road projects in the kingdom

Eng Essam bin Abdulla Khalaf, Bahrain's Minister of Works, Municipalities Affairs & Urban Planning, held a meeting with Yousif Ebrahim Al Sabagh, chairman to the Services & Public Facilities Committee, to discuss road projects at the

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Scotland's future is in EU, says minister

Scotland sees its future in the European Union despite Britain's vote to leave, First Minister Nicola Sturgeon said on Friday, raising the spectre of a new Scottish independence vote and the possible dissolution of the United Kingdom.

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Kazakhstan says disputes with oil majors could lead to arbitration

Kazakhstan's $1.6 billion dispute with oil majors developing the Karachaganak gas condensate field may escalate to arbitration if negotiations on the matter fall through, Kazakh Energy Minister Kanat Bozumbayev told Reuters on Wed

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Egypt must now work harder to revive tourism: minister

Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an EgyptAir flight into the Mediterranean three days ago. Rash

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