Mediterranean-focused Energean Oil & Gas has agreed to acquire Italy’s Edison E&P for an initial $750m. Following an initial public offering in March 2018, Energean’s strategy has been to become the leading independent, gas-focused...
The first economic and social meeting of the UK-Saudi Arabia Strategic Partnership Council was held in Jeddah in early July, as the UK continued with its efforts to win business via the Vision 2030 economic reform strategy championed by Crown...
Concerns about the safety of oil tankers passing through the Gulf continue to rise amid claims of Iranian attempts to divert one UK tanker and another ship going missing for several days before turning up in Iranian waters.The UK said on 11 July...
Emir Sheikh Tamim Bin Hamad Al-Thani confirmed Qatar’s strong position in Washington with a successful visit from 8-11 July. There were several meetings with President Donald Trump, starting with a dinner at the Treasury Department hosted by...
Prime Minister Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani inaugurated a new coast guard facility at Al-Daayen Naval Base in the Semaisma area in the north of the country, on 14 July. A fleet of new boats for the General Directorate of Coasts...
Emir Sheikh Tamim Bin Hamad Al-Thani has been spotted in London in recent days, with pictures doing the rounds on social media showing him sitting alone at a café table just off Piccadilly and taking a walk with foreign minister Sheikh Mohammed...
The International Olympic Committee has fully lifted its suspension on Kuwaiti participation in international competitions, following what the IOC described as the successful implementation of a reform programme. Those reforms have included the...
The long-running dispute over alleged fraud at The Port Fund (TPF), a Cayman Islands-registered private equity vehicle which invests in logistics projects and which is run by Kuwait-based KGL Investment (KGLI), is drawing in rival logistics firm...
Two members of Kuwait’s royal family, along with a number of other officials, are at risk of being targeted by United States sanctions, in the latest twist in the long-running saga over alleged fraud and embezzlement at Kuwaiti-owned investment...
Baghdad is seeking to expand its options for exporting its crude output by developing a new export pipeline via Jordan. The Iraqi cabinet approved plans for the project submitted by the Ministry of Oil at a meeting on 9 July. It is based around a...
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