Issue 01
Oil News
- IRAN AFFIRMS INTENTION TO PRODUCE TWO EXTRA BARRELS FOR EVERY ADDITIONAL BARREL OF IRAQI OUTPUT
- SAUDI ARABIA, OPEC AND NON-OPEC
- KUWAIT 'Ali Khalifah to Stay on as Kuwait's Oil Minister
- IEA Adds O.2mn b/d to 3Q Demand Estimate
- OPEC's MEC Puts Off Price Audit
- Ecuador Will Not Quit OPEC: Colombia Will Not Join
- Hostilities Continue in the Gulf; Iran Considering Alternative Export Outlets
- Iranian Exports Averaged 1.2mn b/d in First Week of October
- Iraq Begins Crude Exports to Brazil's Petrobras from 'Aqaba
- South Korean Firm Awarded Water Supply Contract for Kirkuk
- Distrigas Terminates Algerian LNG Deal
- Kandil Reiterates Concern at Mounting Oil Consumption in Egypt
- BP Makes Oil Discovery in Suez Gulf
- Egypt Approves Conoco's Acquisition of 50% Stake in Phoenix's Khalda Concession
- Saudi Arabia and Kuwait Raise LPG Prices by 4.5/ton effective 1 October
- Saudi Arabia to Discuss Ammunition Plant Deal with Germany
- Jiddah Refinery Throughput Down 4.5% in 1984
- Chevron Continues Exploration Activities in West Sudan
- GCC Insurance Companies Allowed to Operate in Member States
Financial & Banking News
- Banque du Liban Fails to Control Government Borrowing
- Al Mal Team Buys into US Investment Bank
- KIO Sells UK Equities
- Morocco Issues Public Bonds
- Regional Loans Completed
- Jordan Cement Factories Company Ltd (JCFC) has raised a $16mn loan from a group of five banks.
- Jordan's Ministry of Supply signed a $35mn credit on 6 October to finance imports of cereals from the US.
- The Amman-based Finance and Credit Corporation (FCC) has been mandated to raise a $40mn loan for an antibiotic plant in Baghdad.
- Saudi Arabia Provides $202mn for Occupied Territories
- AMF Lends North Yemen $16.3mn
- USAID Grants Jordan $160mn
- IFC Lends $60mn to Six Arab Countries in 1984