Issue 18
Oil News
- Kuwaiti Oil Minister Calls on Consumers to Relax Siege Mentality
- Audit Firm to Visit OPEC Member Countries
- Oman Cuts Production by 5%
- Lukman Says OPEC Output Is below Ceiling
- Otaiba Sees Prices Rising in Near Future
- Qatar Renews Market Price Formula
- QAPCO Realizes Profit of $23mn In 1987
- Shipping War Continues Unabated
- Algeria Signs LNG Agreements with Turkey and Greece
- Libya Restricts Imports from Three European Countries
- ADNOC to Cutback LPG Deliveries to Japan in Ql 1988
- Test Results of Ras al-Khaimah's Saleh 7
- Asry Achieves 88% Occupancy Rate in 1987
- Oil Prices Remain Unchanged for First Half of February
- Futures Markets: A Hedging Tool or a Casino?
- Publications Received
- Correction
- Netback Values
Financial & Banking News
- ABC Boosts Loan Loss Provisions to $375mn in 1987
- Investcorp's Profits Surge In 1987
- Arlabank Announces $129mn Bad Debt Provisions
- UGB Returns $37.3mn Loss, Completes Restructuring
- NBB Reports Steady Profits for 1987
- UAE Will Resort to Treasury Bonds to Finance 1988 Budget Deficit
- Oil Minister Disavows KPC Interest in KIO's BP Stake1
- Fourth Kuwait Government Issue to Raise KD200mn
- ADFAED Lends Tunisia $10mn
- IBKD Lends Jordan $31mn to Expand Phosphate Production
- UNDP Extends $10mn in Aid to Lebanon
- France Promises to Increase Aid to Palestinians in Occupied Territories