Gulf stock markets fell on Tuesday (20 April), with oil company Aramco down 1.7 percent and the Saudi riyal dropped in the forwards market after
Category: Mena
Fertilizers Update: Veolia in Jordan, Mosaic Fertilizantes in Brazil & Nitrogen from Asteroids
In Jordan, Veolia Water Technologies will provide a processing plant integrating HPD® crystallisation systems designed to extract high-quality potash fertilizer from the brines of the
Saudi-Based Ma’aden Wa’ad Al Shamal Phosphate Co. Inks Service Agreement with DuPont Clean Technologies
The Ma’aden Wa’ad Al Shamal Phosphate Company (MWSPC), which is a joint venture between Ma’aden, SABIC and US company Mosaic, has signed a service agreement
EastMed Tensions: Turkey Ramps Up Drilling, Cyprus Its Gas Exports Plans
With the outright confrontation between Turkey and the European Union about Ankara’s drilling program in the Eastern Mediterranean on the verge of escalating out of
ICL’s 3Q19 Results: Overall Optimism Despite Lower Sales, Eyes on China & India
ICL has reported its financial results for 3Q19 that highlighted its decreased sales standing at US$1325 million compared to US$1371 million for 3Q18, which was
ADNOC-OCI Joint Venture Fertiglobe Aspires to Become Global Export Leader in Nitrogen Fertilizer
The combination of ADNOC’s fertilizer business into OCI’s Middle East and North Africa (MENA) nitrogen fertilizer platform has been completed by OCI N.V. and Abu
10th GPCA Fertilizer Convention: GCC Agri-Nutrients Industry Must Innovate to Face Growing Challenges
The agri-nutrients industry in the Arabian Gulf and globally is entering a new phase characterized by lower market growth, economic slowdown and increased consolidation, agreed
Middle East ‘Ablaze’: US Blames Oman Tanker Explosions on Iran
The US accused Iran of executing attacks in the Gulf of Oman, which left two tankers ablaze, which further intensified tensions across the region. The
US Stops Granting Waivers on Oil Purchases from Sanction-Hit Iran
Two White House officials let themselves heard on Friday (26 April) that there would not be any more waivers on oil purchases from Iran in
Market Update: Saudis Mull Extending Oil Production Cut
The Saudi energy minister said that it was early to say whether there was a consensus among OPEC and its allies to prolong the existing