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Issue 02

Oil News

  • Saudi and Kuwaiti Statements Call for New Quota Agreement
  • Lukman Calls for Cooperation
  • IEA Study Sees OPEC With 50% of World Output in 2000
  • Iraq Notifies Customers of 70% Cut in Yanbu' Availability for November
  • More Attacks on Economic Targets
  • Egypt Reduces Oil Prices by 60 Cents/B for 1-20 October
  • Bapetco Brings in New Producer in Badr al
  • Saudi-US Joint Venture to Build Titanium Dioxide Plant&nbsp
  • Saudis to Set Up Offset Investment Company
  • Aramco Completes Distillation Unit for Ras Tanura Refinery
  • Shaikh Zayid Reelected
  • Sudan to Review Oil Agreements with Foreign Firms
  • C.F. Braun Awarded Contract for Turkish-Arab Fertilizer Complex
  • Libyan GDP Declines 21.6% over Two Years

Financial & Banking News

  • Kuwait Spending Drops 9% in 1985/86
  • BAC Decapitalizes after Merger Talks Fail
  • Kuwaiti Central Bank Governor Urges Speedy Settlements
  • BMA Licenses Two IBLs
  • ABC Arranges Yemeni Loan
  • Sudan to Renege on Part of Its Foreign Debt
  • IDB Lends $57mn to Three Member Countries
  • SFD Lends Indonesia
  • AFESD Lends Syria

The Political Scene

  • The Middle East Situation
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