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The Watch
French Premier Upbeat on Oil-Release Prospects
French Prime Minister Francois Fillon on Thursday said he was optimistic about prospects for an agreement between…
ETHYDCO Awards Japan’s TOYO An Egyptian Ethylene Plant
The Egyptian Ethylene and Derivatives Co (ETHYDCO) has awarded Japan's Toyo Engineering Corp and ENPPI, an…
Facebook’s “IPO” Halts its Shares’ Trading
Facebook (FB), is halting the trading of its shares on secondary markets by the beginning of April as it prepares…
Kurdistan May Stop Crude Exports to Iraq
The Kurdistan Regional Government has said crude exports from the semi-autonomous region have dropped to 50,000…
Jordan, Palestinians Are Gas Export Priority: Israel’s Energy Minister
Uzi Landau said that the use of Israeli natural gas by our neighbors will create confidence and foster peace in the…
Mannai And Hermes Offer $445 mln Cash Bid For Damas
Mannai Corporation of Qatar and EFG-Hermes of Cairo have made a joint cash bid for Damas International,…
Saudi Arabia to Provide Yemen Two-Month Fuel Supply
Saudi Arabia is to give Yemen refined oil products to cover its needs for two months. The kingdom has repeatedly…
OCI Gains Most in 3 Weeks on Gavilon Deal
Orascom Construction Industries (OCIC) rose the most in three weeks after posting the highest amount in building…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
Yen Weakens, USD Rebounds
Yen weakened against the dollar and most of its major counterparts ending its recent rise as Japanese importers…