Russia eyes multi-million-dollar Saudi investment deals, Aramco IPO
Russia is seeking to finalize multi-million-dollar investment deals with Saudi Arabia in the next three months…
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China’s Uber rival Didi making a move in Middle East and North Africa
Chinese ride-hailing giant Didi Chuxing has announced plans to expand its business in the Middle East and North…
Coca-Cola profit fall by 60% on refranchising charge
U.S. drinks giant Coca-Cola reported a 60.2 percent fall in quarterly profit, as the beverage maker incurred a…
BP buys 10% stake in Egypt’s Zohr gas field for $375m
BP has agreed to acquire a 10% stake in Shorouk concession offshore Egypt from Eni, an Italian oil and gas company.…
Eni to start drilling 6th well in Egypt’s Zohr field with $4bn
Italian energy giant Eni is set to start drilling the sixth and last gas well in Egypt's Zohr field in the…
Asian shares recover after Apple, oil boost Wall Street
Asian shares recovered from two-month lows on Tuesday after a rebound in technology giant Apple Inc and oil price…
Saudi Aramco finalizes IPO options and plans global expansion
Saudi Arabia's state-owned oil giant Aramco is finalizing proposals for its partial privatization and will present…
China reverts to bad old ways to prop up economy
It was less than four months ago that China was sneezing and the rest of the world was catching a cold. Turmoil in…
Expenditure cost of Egypt’s supergiant gas field Zohr less than €12bn – Eni
The capital expenditure of the two phases of Egypt's giant gas field Zohr is estimated at less than €12 billion,…
Qatar, China in $6.4 billion battle for Australian freight giant- Reuters
Canada's Brookfield Asset Management (BAMa.TO) is planning a fresh $6.4 billion bid for Australian port and rail…
