23rd May, 2013, 23:26
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Iraq
FEATURED REPORT...
Posted: 24-07-2011
IRAQ. The Ministry of Oil of Iraq has signed an Implementation agreement for the construction under BOO terms of the Refinery of Karbala with RKC (Refinery of Karbala Corporation Ltd.)
The new Refinery will have a daily capacity of 200,000 barrels of Crude Oil and will produce high quality, high octane gasoline (regular and premium) as well diesel fuel for the domestic market.
“Karbala Refinery will be located 100km south of Baghdad on a 6 square kilometer plot of land, and will be the most advanced state of the art refinery with almost full conversion rate and with an estimated cost of
Posted: May 23, 2013
IRAQ. Oil production from the field has averaged over 100,000 barrels a day during the previous 72 hours as the Company conducts well and pipeline deliverability tests following its 2012 drilling program and facilities upgrades.
Posted: May 20, 2013
UAE. Middle East's leading luxury private developer announced a comprehensive strategic plan to expand its operations in Iraq.
Posted: May 14, 2013
KUWAIT. OPEC held its forecast for growth in world demand unchanged at 0.80 million bpd, and repeated a warning that the rate of oil consumption could underperform.
Posted: May 13, 2013
IRAQ. In the 1980s, the UN says, Iraqi women enjoyed more basic rights than other women in the region. But years of dictatorship, sanctions and conflict, including the US-led invasion one decade ago, led to deterioration in women's status.
Posted: May 4, 2013
IRAQ. Iraq Airport Show will provide an insight about US$150 billion worth of Airports, Aviation & Logistics infrastructure projects currently underway in Iraq.
Posted: May 4, 2013
IRAQ. Despite the insecurity, some point to a new level of freedom, including increased personal rights, improved access to legal services and democratic structures in government.
Posted: May 1, 2013
INTERNATIONAL. The United States, with its European allies, does not have the force needed to end Syria's bloodshed. If it tried, it would merely be held responsible for the bloodshed without achieving any strategic goal.
Posted: April 29, 2013
IRAQ. Iraq has been "affected by a region seething with sectarianism and we are starting to see those problems come to us," Prime Minister Nouri al-Maliki said.
Posted: April 29, 2013
IRAQ. Ten years after US forces took over Iraq, opinions on the progress made are as polarized as ever.
Posted: April 26, 2013
IRAQ. Economists and aid workers say much of the newfound wealth has not trickled down, largely due to Iraq's economic dependence on oil, government corruption, a lack of capacity to execute budgets and a failure to develop the private sector.
Posted: April 25, 2013
INTERNATIONAL. In the case of the Middle East, do not conflate chaos with democracy. Democracy itself implies an unequal, hierarchal order, albeit one determined by voters. What we have in many places in the Middle East is the weakening of central authority with no new hierarchy to adequately replace it.
Posted: April 22, 2013
QATAR. London's celebration of contemporary culture from across the Arab world was first launched in 2011.
Posted: April 17, 2013
IRAQ. Iraq's deputy prime minister, Hussain al-Shahristani, said his government has told Turkey that it doesn't allow oil agreements without central government approval.
Posted: April 15, 2013
IRAQ. Iraqi Kurds are sparring with the central government in Baghdad over the sharing of revenue from crude sales, investments in Kurdish oil fields by foreign companies.
Posted: April 11, 2013
INTERNATIONAL. Saudi Arabia "seems poised to ramp up" production further to meet seasonal demand, after restoring output to a four-month high of 9.3 million barrels a day in March, an increase of 50,000 a day from February.
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RedditMIDDLE EAST BUSINESS COMMENT & ANALYSIS
date:Posted: May 23, 2013
UAE. Stock market indices racing ahead but GDP figures do not support the euphoria and commodity outflows fuel the rally; Is there too much liquidity in the banking system?
date:Posted: May 23, 2013
UAE. While new orders continued to rise sharply, the rate of increase eased to the slowest in a year. Meanwhile, employment levels rose at the fastest pace in two years.
date:Posted: May 22, 2013
iNTERNATIONAL. Control over Homs will enable al Assad to rapidly move forces from the north to the south to meet emerging rebel threats. It will also provide a key avenue of retreat to the Alawite coast in the event that he needs to flee Damascus.
UAE. "There is a substantial amount of debt that is coming due in the next few years, and it will be important to manage pro-actively that process. Information and communication with potential market participants will be a key part of this."
INTERNATIONAL. Nothing new is coming online anytime soon and movement on developing renewable energy resources has been sadly inadequate. The idea that shale reservoirs will lead the US to energy independence will soon enough be recognized as unrealistic hype.
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