African and Mideast Business

South African court blocks Shell from conducting seismic testing off Wild Coast

South Africa’s energy minister defends Shell’s planned seismic blasting on Wild Coast

UAE to shift to Saturday-Sunday weekend to better align its economy with global markets

Saudi Arabia licenses 44 international companies to open regional headquarters in Riyadh

IMF, Lebanese authorities begin technical discussions aimed at pulling country out of crisis

Oil price rebound widens economic gaps between exporters and importers in Middle East, North Africa: IIF

Dubai’s DP World, Britain’s CDC Group to invest up to $1.72-billion in logistics infrastructure in Africa

Loading operations resume at two Libyan oil ports after one-day stoppage

Afghan central bank’s $10-billion in assets likely not within reach of Taliban, officials say

Afghan women forced from banking jobs as Taliban seize territory from government forces

Chasing dwindling investment, Nigeria revamps oil sector law

New Saudi airline plan takes aim at Emirates, Qatar Airways

Africa’s biggest greenhouse gas emitter seeks $10-billion for shift from coal

Bitcoin Fund makes Nasdaq Dubai debut in first for Middle East

Saudi Aramco reports 30% jump in first-quarter profit

Saudi Arabia in talks to sell 1% stake in state oil firm Aramco, Crown Prince says

Libya’s state oil company lifts force majeure on Hariga port

OPEC+ agrees on gradual oil output increase starting in May

Saudi Aramco CEO says private investment plan is voluntary, not state-imposed

Gulf countries get fiscal leeway after OPEC+ extends output cuts

Nigerian farmers and fishermen win U.K. court approval to sue Shell over oil spills in Niger Delta

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Saudi Aramco profit falls 47% as COVID-19 saps global oil demand

Zambia’s risk of default highlights Africa’s debt crisis

Libya’s Haftar says he will lift oil blockade, with conditions

Gulf countries’ fiscal diets look increasingly risky amid oil price uncertainty

Iraq debates pushing for exemption from OPEC supply cut to support its battered economy

UAE aviation authority says it is committed to Boeing 737 Max’s safe return

South Africa’s economy sinks deeper into recession as COVID-19 lockdown continues

Caisse, DP World to invest $4.5-billion in global ports and terminals

West Africa’s BCEAO central bank reopens in Mali for first time since coup

Saudi crude oil exports plunge to record low in June

Iraq expects to sign deal with Chevron on Wednesday, minister says

Mali gold miners keep digging, but military coup hits share prices