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Issue 36

Oil News

  • ABU DHABI RESTRUCTURES OIL ADMINISTRATION
  • Abu Dhabi Oil Prices for May
  • Amoco Sharjah Output Averages 40,000 b/d
  • Bouri Offshore Field Starts Production next Month
  • British Energy Minister Says UK Helps OPEC
  • LNG Take or Pay Could Threaten Existence of Distrigaz
  • Skikda Petrochemical Complex to Expand
  • Arab Oil Revenues Decrease 60% in Five Years
  • Iraq Attacks Tug near Kharg Island
  • Saudi Shipping Company Returns Modest Profit in 1987
  • SABIC Sbareholders To Receive $93 In Dividends
  • Establishment of Joint Investment Company
  • East-West Center/UN to Hold Pacific Islands Energy Ministers' Conference
  • Publications Received
  • Netback Values

Financial & Banking News

  • Compromise Law Mollifies Egyptian Investment Companies
  • Jordan Tightens Forex Controls, Liberalizes Interest
  • Bank Al-Jazira and Saudi Cairo Bank Show Losses for 1987
  • Small Arab OBUs Lose Out in Bahrain
  • ADIA, ADFAED Appoint New Directors
  • KIO Buys in Canada and Spain, Sells in UK
  • Investcorp Reveals Big Gucci Stake, but Fails to Win Control
  • Kuwait Permits GCC Citizens to Buy Local Shares
  • Saudi Government Borrowing Imminent
  • 14th Issue Raises Kuwaiti Debt to KD1.25bn
  • Saudi Balance of Trade Surplus Sharply Up in 1987

The Political Scene

  • The Middle East Situation
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