Issue 40
Oil News
- EGYPT CONSIDERS AMENDMENT OF PRODUCTION SECURING CONCESSION TERMS TO COUNTER EFFECTS OF FALLING PRICES
- Saudi Arabia Refuses Price Concessions for East of Suez Deliveries
- Petromin Reduces LPG Prices again
- Iran Rejects 17.6mn b/d OPEC Ceiling
- Val Fajar Two Terminal Will Supplement Sirri, Says Aghazadeh; Two SBMs Operational at Ganaveh
- Iran to Supply Syria 2.5mn Tons of Crude Oil Over Six Months
- PDO Discovers Oil and Gas in Deep Test Well at Yibal
- Demand Estimates Unchanged in July OMR
Financial & Banking News
- OECD Forecasts Record $49bn OPEC Deficit in 1986
- Egyptian `Open-Door' Projects Fail to Deliver
- Sudan's Foreign and local Debt Amounts to $13.3bn
- ENI President Calls for $30bn Investment in South Mediterranean
- Mannakh Crisis 'Cost $9.4bn'
- Saudi Stake in Aitken Hume Increased
- Riyad Bank Profits Slump as Provisions Rise
- OOTB Renamed as Muscat Bank
- ARIG Profits up Sharply
- Saudi Arabia Provides First Aid Consignment to Egypt since 1979
- Somalia Receives $70mn for Agricultural Reform Program
- IDB Lends Jordan $20.7mn
- AFESD Lends MOROCCO $17mn
- Saudi Arabia and Qatar Grant North Yemen $25mn
- AHF Lends Syria $7.2mn
- OFID Grants $1.25mn to Developing Countries
- US Provides $14.7mn to Jordan and Morocco