Tag Archives: Economy

Over the next two months. the UAE will cut another 278000 bpd. demonstrating its compliance with its quota under the agreement.

Aramco plans to sign an additional agreement with Jacobs Engineering to form a joint venture for project management.

Global giant will deliver 35 substations to support plan to cope with increasing demand for electricity.

Companies including Volvo Cars. BMW AG and Toyota Motor Corp. sell electric or hybrid cars in India.

Iran is pressing ahead with plans to reform its petrochemical industry as the country aims to diversify its oil-based economy.

The Belt and Road Initiative promotes a vision of expanding links between Asia. Africa and Europe underpinned by billions of dollars in infrastructure investment.

The oil share in the country'.s economy had been decreased to about 20 percent.

OPEC members agreed in November to cut production by 1.2 million barrels per day for six months.

Japan is the world'.s top importer of liquefied natural gas (LNG).

MENA markets remained sluggish in April due to drop in trading liquidity and poor investments from both domestic and international investors.