UAE
Emirati Dana Gas Seeks to Sell Its Assets in Egypt to Pay off the Sukuk

The UAE Company, Dana Gas, plans to use the revenues from its assets in Egypt that it is trying to sell to pay its Sukuk. These are the assets that are located on the shore in the Nile Delta without...

Read more
The United Arab Emirates: The discovery of natural gas in large quantities in the region of “Jebel Ali” in the Emirate of Dubai

At the beginning of February 2020, the UAE announced its discovery of the “Jebel Ali” field located between Abu Dhabi and Dubai, which is one of the largest natural gas fields in the...

Read more
OPEC to extend oil output cuts till June Cause of Coronavirus

OPEC sources have confirmed to Reuters that they want to extend the current cuts in oil production until June 2020, with the possibility of making further cuts if oil demand in China is greatly...

Read more
ECSSR: Abdul Latif Al-Zayani: “GCC is a successful model for regional cooperation in facing challenges”

His Excellency Dr. Abdullatif bin Rashid Al Zayani, Secretary-General of the Cooperation Council for the Gulf Arab countries, delivered a lecture on Wednesday 15 January 2020 at the Sheikh Zayed Hall...

Read more
Dragon Oil of UAE on its way to expanding investment in the Egyptian oil sector

Eng. Tariq Al Mulla, Minister of Petroleum and Mineral Resources witnessed the ceremony held by the Emirati Dragon Oil Company on the occasion of completing the agreement to acquire the British BP...

Read more