Issue 35
Oil News
- OPEC CONFERENCE POSTPONED TILL 11 JUNE TO ALLOW FOR ARAB SUMMIT
- King Fahd Stresses Necessity for Adherence to OPEC Decisions
- Strong 1Q Demand Growth in OECD
- Turkey to Increase Liftings of Libyan Crude Oil
- Main Terms of Occidental and Enron Concession Agreements
- Kyodo Group Reportedly Renewing 60,000 b/d Contract with Saudi Arabia
- Mitsui Contracts for 280,000 t/y of Saudi LPG
- Mitsubishi Signs for 10,000 b/d of Kuwait Crude
- Oman Sets May Assessment Price at $15.22/B
- Oil Prices Remain Unchanged for First Half of June
- Iraq Promulgates New Law to encourage Arab Investments
- QCC-EC Draft Agreement Ready for Signature
- PEL/IMI Schedule Seminar for 5-16 September
- Netback Values
Financial & Banking News
- Tepid Recovery in 1987 Leaves UAE Banks Looking Weak
- ADCB Posts First-Ever Profits
- FGB Loses 10% of Equity
- ABC Downrated because of Capital Inadequacy
- Four Parallel Market Companies Get full KSE Listing
- KIO Buys Swiss Research Laboratory
- CSFB Launches Islamic Fund
- Kuwaiti T-Bill Issue Raises KD100mn
- Egyptian Current Account Deficit Narrows