Issue 33
Oil News
- KING FAHD CALLS FOR STABILIZATION OF OIL PRICE AT CURRENT LEVEL FOR AT LEAST TWO YEARS
- GCC OIL MINISTERS ENDORSE SAUDI STAND ON MAINTAINING APPLICATION OF OPEC PRICE AND PRODUCTION ACCORD
- Superpower Entanglement in Gulf War Escalates Following Attack on US Frigate and Mining of Soviet Tankers
- Weak Dollar Could Be Bad News for Oil Demand
- Qatar Signs Agreement for First Stage North Field Gas Project
- Qatar Denies Granting Discounts on Crude Oil Sales
- More Japanese Term Contracts for Iran
- Syria Signs Oil Concession Agreement with Tricentrol
- NRA Contracts Canadian Firm for Drilling in Jordan
- Netback Values
Financial & Banking News
- IMF Agreement Yields $160mn Loan for Egypt, Opens Door for Rescheduling
- Bad Debt Problem Much Improved in Kuwait
- Saudi Banks Facing Decline in First Quarter
- Board Changes at Alahli Bank Announced
- Arab Investors To Sell Smith Barney Stake
- Saudi Stock Market Opens, Oman Announces plans
- Sonatrach Gets Japanese Buyer's Credit
- Hajlis Approves Arbitration for Eurodif Dispute
- IFC Lends $50mn to Moroccan Tourism Industry
- France Extends $580mn in Loans to Algeria
- Italy Lends Egypt $150mn
- IBRD Lends $83mn to Morocco and Oman
- IDA Lends Sudan $47mn