Oil and gas

September 28, 2016

1

CIO’s and CEO’s Across GCC Oil & Gas, Retail, Hospitality and Banking Industry to Benefit from One-Day Security Conference

eSecurityDen 2017

Tuesday 28 February 2017

InterContinental Hotel, Dubai Festival City, Dubai

eSecurityDen 2017, the one-day cyber security conference will specifically benefit CIO’s and CEO’s of Oil & Gas, Retail, Hospitality and Banking organizations across GCC - according to the organizers"...

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September 28, 2016

2

Sellal receives Tunisian minister of Energy, Mines and Renewable Energies

Prime Minister Abdelmalek Sellal received Tuesday, in Algiers, the Tunisian minister of Energy, Mines and Renewable Energies Hela Cheikhrouhou.

In a statement to the press at the end of the audience, the Tunisian minister said that she “passed on to Sellal the warmest greetings of the Tunisian Head of government, Youssef Chahed,” underlining that her country’s new government “will work together with Algeria.”

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September 28, 2016

3

Algeria Inks Solar Plant Deal with Italy's Eni

As part of a continuing effort to broaden the country’s energy and financial base, Algeria has announced that it has signed an agreement to build a solar power plan in the North African nation.

According to media reports, Algeria’s state-backed energy firm, Sonatrach, has signed an agreement with Italian energy giant Eni to"...

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September 28, 2016

4

Edwards Launches New nEXT85 Turbomolecular Pump with Improved Performance and Reduced Footprint

Edwards is proud to have launched a new turbomolecular pump, the nEXT85, which builds on the success of the highly popular EXT75DX to deliver a pump with significantly improved performance in a smaller package, while maintaining the same high levels of reliability.


The new nEXT85 rotor has been optimised to achieve both higher speeds and higher compression while maintaining"...

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September 27, 2016

5

Dubai-Chile Trade Volumes Continue to Grow

Chile held on to its spot as the second-largest destination market in Latin America for products exported from Dubai in 2015. In fact, the volume of trade between Dubai and Chile grew at an average annual rate of 12.2% between 2010 and 2015.


Last year, Dubai’s non-oil trade with Chile amounted to $184.67 million, up from $117.9 million in 2010. Re-exports grew by 47.9%"...

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September 27, 2016

6

Dubai Eyes Stronger Trade Ties With Argentina Ahead of Global Business Forum on Latin America

Dubai Chamber’s President and CEO H.E. Hamad Buamim: Argentina is a strategic partner and a gateway to South America


Dubai is looking to boost its trade relations with Argentina as both sides gear up to take part in the upcoming Global Business Forum on Latin America 2016.

The Forum is being organised by ......

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September 26, 2016

7

Oil steady as market awaits Algiers meeting; funds cut bullish bets

Oil held steady on Monday, as the world's largest producers gathered in Algeria to discuss ways to support the market, although scepticism about any deal being reached has prompted money managers to cut their bullish bets to a one-month low.

Price fell by nearly 5 percent last week, dented by signs Saudi Arabia and Iran were making little progress in achieving a"...

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September 26, 2016

8

OPEC : There will be no failure of Algiers meeting

Minister of Energy Noureddine Boutarfa said Sunday, that there will be no failure of the informal OPEC meeting scheduled on Wednesday, in Algiers, adding that all the OPEC countries agree to stabilize prices but they would have to find a system approved by all.

Speaking at the press conference on the 15th ministerial meeting of the International Energy Forum (IEF15) taking place Tuesday and Wednesday in Algiers, Boutarfa said that the OPEC members"...

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September 25, 2016

9

Renewables, a priority to diversify energy mix in Algeria

ALGIERS- Renewable energy development, which is one of the main themes of the 15th International Energy Forum Ministerial Meeting, to take place in Algiers on 27 and 28 September, is among Algeria's top priorities to preserve its fossil resources and diversify its electricity sources.

The updated national renewable energy development programme, adopted in May 2015 by the Council of Ministers, provides for the production of 22GW of electricity generated"...

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September 25, 2016

10

Algeria plans bank privatizations as oil money dries up

Algeria plans to allow its dominant state banks to list on the local stock exchange to help develop its financial markets and diversify sources of funding after the oil price slide, a senior financial official said.

The plan will open the door for foreign investors to acquire controlling stakes in banks, reversing a rule requiring Algerian firms to keep a majority"...

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