ALGERIA. Sonatrach announced this week a new gas discovery in southwest Algeria's Gourara basin. This latest gas field find, made in partnership with Royal Dutch Shell and Abu Dhabi's Liwa Energy, is the fifth in just the first quarter of 2009.
SAUDI ARABIA. The Saudi Arabian index is the region's most diverse capital market due to its size and maturity; Jadwa Investment views the opening up of the Tadawul as an overall positive but believes a cautious and considered path to reform is the best way forward, much like the Chinese example.