Egypt is keen on implementing program to utilize its geographical location to become a major energy hub for the region
Cairo aims to embark on an ambitious national plan to exploit its geographic location to become a regional energy hub,…

Housing and construction are two of Iran most promising sectors in the country economy outlook
Iran’s planned and underway economic projects in 2009 stood at $313 billion showing $27 billion over 2008, Middle East Business Intelligence (MEED) reported.
While the…

Egypt expects 520 exploratory and development wells for oil and 36 for natural gas to be drilled in 2010
Egypt is planning to explore for oil and gas and to develop hydrocarbon fields in 2010 with about US$6 billion in…

Bangladesh is interested to have a government-to-government buying arrangement to ensure there is steady supply and price of palm oil
The Bangladeshi government is keen to procure palm oil from Malaysia using its state-owned trading arm to ensure consistent edible…

Nigeria and EU expressed a need for an effective, equitable, ambitious, comprehensive and legally binding global agreement
In what they have described as historical record, the African nations and led by Nigeria and countries in the European Union, have called…

The production figure of Nigeria is now above a target set by the OPEC
Nigeria is currently producing between 1.8 million and 1.85 million barrels per day (bpd) of crude oil plus 600,000 bpd of condensate, the Nigerian minister of…

The D8 Council of Ministers who began their one-day meeting this morning will, among others, consider the reports of the D8
The 12th Session of The Group of Eight Developing Islamic Countries (D-8) ended here today, with member countries agreeing…

Turkish Prime Minister Tayyip Erdogan, right, and his Pakistani counterpart Yousuf Reza Gilani, left, are seen during a press conference, following their meeting in Ankara, Turkey, Tuesday, Oct. 28, 2008. (AP Photo)
Turkish Prime Minister Recep Tayyip Erdoğan will address…

Turkish Energy Minister Taner Yildiz had a meeting with Dipo Alam, Secretary-General of D-8, in the Ministerial Complex of Dolmabahce, Istanbul
D-8 Organization willing to work together with Turkey on renewable energy and also to import boron, Turkish energy minister…

Last year, Indonesian fertilizer producers used 800,000 tons of phosphate to make NPK and phosphate fertilizers
The Indonesian government on Monday called on fertilizer producers to improve cooperation with suppliers in Jordan, Tunisia and Morocco — major producers of raw…