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July, 27, 2016

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Business > Middle East
Kuwait has said it will establish a free economic zone on five islands close to the shorelines of regional heavyweights Iraq and Iran with large investments open to the private sector.
 
Egyptian natural gas companies have been ordered through arbitration to pay the Israel Electricity Corporation US$1.76 billion in compensation over a gas supply cut, the Israeli firm said Sunday.
 
Impending natural gas deal angers many Israelis
As Israel prepares to push through a long-delayed landmark natural gas deal, Prime Minister Benjamin Netanyahu is facing a growing backlash by protesters who accuse him of using shady backroom dealings and strong-arm tactics to push through the plan.
 
Central Asia's Turkmenistan in race against time to become global gas player
While the golden domes of Turkmenistan's presidential palace hint at the country's fantastic gas wealth, the reclusive Central Asian country remains a slumbering giant in the high stakes game of energy politics.
 
Iran is seeking US$25 billion in investments from 50 deals involving international oil and gas companies, foreign executives were told Saturday in Tehran as the government outlined new contractual terms.
 
After delays, Palestinians get high-speed mobile data
Political science lecturer Amjad Abu el-Ez lived in London and Dubai for 17 years before returning home in 2014 to teach in the northern West Bank city of Nablus. He was stunned to learn he could barely check his email on the commute from his nearby village because Palestinian mobile carriers do not offer high-speed data.
 
Flights to and from two northern Iraqi airports were suspended for 48 hours beginning on Monday due to danger posed by Russian cruise missiles heading for neighboring Syria, officials said.
 
Russia has finalized a contract for the delivery of advanced air-defense missile systems to Iran, the head of a Russian state-controlled industrial conglomerate said Monday.
 
Working children given a path off Lebanon's streets
For two years, Syrian teenager Ibrahim scraped together a paltry living selling lottery tickets and tissues on the crowded streets of Beirut, but that seems like a lifetime ago now.
 
Iran on Saturday announced dates for a three-day oil and gas conference in London in February designed to attract foreign investors awaiting new contract terms to be unveiled next month.
 
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