Foreign direct investments (FDI) into Oman jumped to $30.26bn (RO11.65bn) in Q2 2019, up 13.3% from the same period in 2018, when it got $26.7bn (RO10.29bn) in FDI, according to the National Centre for Statistics and Information. Investment into manufacturing reached $4.15bn (RO1.6bn) in Q2 2019,

In the wake of the global financial crisis, growth in Turkey became increasingly dependent on externally-funded credit and demand stimulus, and, as a result, Turkey’s economy began running above potential with a large current account deficit and high inflation.

Saudi Arabia and Kuwait signed an agreement Tuesday to resume pumping at two major oilfields in a shared neutral zone shut for five years due to a bilateral disagreement, officials said.

Europe’s imports of liquefied natural gas (LNG) have been steadily increasing since October 2018, and reached a new monthly record of 12.7 billion cubic feet per day (Bcf/d) in November 2019

Dr. Nawal Al Hosany, Permanent Representative of the UAE to the International Renewable Energy Agency, IRENA, has said that the UAE’s contributions to the renewable energy sector have made it a model to follow, with investments worth US$12 billion covering 49 renewable energy projects across 25 countries, producing some 4GW of energy supplies to communities.

Saudi Arabian Oil Company (Saudi Aramco) has completed, through its subsidiary Aramco Overseas Company B.V. (AOC), the acquisition of 17% of Hyundai Oilbank from Hyundai Heavy Industries Holdings, for approximately US$1.2 Billion. The completion follows receipt of all necessary regulatory consents and approvals.

Commenting on the strategic cooperation between ECI and ECGE, Massimo Falcioni, CEO of ECI, said, "Taking into account the very strong non-oil trade relations between Egypt and the United Arab Emirates, this agreement will pave the way for the identification and development of more business opportunities. ECI’s partnership with ECGC will not only reinforce the existing partnership between the two countries but will also boost the regional and global competitiveness of local businesses."

Nuclear power provides 11 percent of the world’s electricity, with 454 nuclear reactors operating in 30 countries and 54 plants under construction — including 11 in China, seven in India, and six in Russia.

Saudi Aramco (2222.SE) hit the $2 trillion target sought by de-facto Saudi leader Crown Prince Mohammed bin Salman on Thursday as its shares racked up a second day of gains, despite some scepticism about the state-owned oil firm’s value.

The Islamic Republic has rejected negotiating a new deal with the Trump administration, saying talks are only possible if Washington returns to the nuclear pact and lifts sanctions.

The Kingdom of Saudi Arabia sold 3 billion shares (excluding any exercise of the Purchase Option), equivalent to 1.5% of the Company’s share capital. Priced at the top of the indicated range, the Offering generated proceeds of SAR96.0 billion / USD25.6 billion (assuming no exercise of the Purchase Option), making it the world’s largest IPO.

This would make Aramco's listing the world's largest, beating Alibaba's $25bn IPO at $25.6bn.

The 7th OPEC and non-OPEC Ministerial Meeting, hereby decided for an additional adjustment of 500 tb/d to the adjustment levels as agreed at the 175th Meeting of the OPEC Conference and 5th OPEC and non-OPEC Ministerial Meeting. These would lead to total adjustments of 1.7 mb/d. In addition, several participating countries, mainly Saudi Arabia, will continue their additional voluntary contributions, leading to adjustments of more than 2.1 mb.

This makes it technologically impossible for TVEL to be further engaged in works at the Fordow facility. Uranium enrichment and stable medical isotope production cannot be sustained in the same room. Air and equipment are exposed to UF6 leftovers, making the produced stable medical isotopes unsuitable for medical purposes.

The group of more than 20 producers is considering an extra 500,000 barrels per day (bpd) in cuts for the first quarter of 2020 to take the total to 1.7 million bpd, or 1.7% of global demand, Russian energy minister Alexander Novak said