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Kuwait's oil minister says no more production cuts are needed

Kuwait's oil minister says no more production cuts are needed July 20, 2017

Although the oil market is taking longer than anticipated to return to balance, the oversupply should be cleared by the time OPEC’s cuts expire at the end of March next year, and the cartel does not need to further cut output for the time being, Kuwait’s Oil Minister Essam al-Marzouq told Reuters in an interview"...

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Business confidence falls across the Middle...

July 23, 2017

Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter of 2016, according to the latest edition of the Global Economic Conditions Survey (GECS).

The"...

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President of Arabic Language Academy of Jordan...

July 23, 2017

There should be one unified Arabic language academy, instead of the 12 academies currently existing in the Arab world, and its headquarters should be Makkah City, said Khalid Al Karaki, President of the Arabic Language Academy of Jordan, the institution that won the ...

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KBR unit wins $3bn US project contract

July 22, 2017

KBR, a global provider of differentiated professional services and technologies, said its global Government Services business, KBRwyle, is one of the winning bidders on the National Oceanic and Atmospheric Administration's (NOAA) Professional and Technical (ProTech) Satellite Domain contract"...

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