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Issue 34

Oil News

  • YAMANI CALLS FOR REDUCTION IN PRICE OF HEAVY CRUDE
  • Iraq Attacks Kharg Island
  • Iranian Output Drops in May
  • Iran Countertrades with Voest-Alpine
  • Exports Average 1.7mn b/d in 1984-85 
  • Libya Receptive to Occidental Efforts to Sell Part of Libyan Equity
  • Sudan Cancels NOCS Agreement with Khashoggi's Sigma Oil
  • First Exports from Petromin-Shell Refinery to Start in June
  • Prince 'Abd Allah ibn Faisal Appointed Secretary General of Royal Commission
  • IPIC Ponders Downstream Oil Investments
  • Arab-US Joint Venture for Process Systems Control to Be Set Up in Bahrain
  • Turkey Reduces Crude Oil Imports from Iran
  • AISCO Wins Order From West German Firm
  • Platt's Petroleum Forum 1985
  • Regional Borrowers Stimulate Bond Market Activity

Financial & Banking News

  • Arab Banks Still Handling Eurocredits
  • Arab Banks Co-manage 17 Bond Issues
  • Al-Hamad Says Sub-Saharan Africa's Problems Can Be Solved
  • IDB Lends Algerian Company $60mn for Imports
  • KFAED Lends $35mn to Three Countries 
  • AFESD Lends $19mn for South Yemen's Electricity Program
  • AFESD Lends $19mn for South Yemen's Electricity Program
  • Agfund Grants $2mn to UNESCO and FAO 
  • US Offers Extra Aid to Egypt and Israel
  • EEC Provides $26mn to Arab Countries
  • The US, Czechoslovakia and Yugoslavia Lend $19.5mn for Egyptian Electricity Projects
  • UK Lends $6mn for Jordan's Rural Electric Network

The Political Scene

  • The Middle East Situation
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