Kuwait's oil minister said his country was looking to sign an agreement with Iran to secure much-needed natural gas supplies.
The minister's comments to the state news agency Kuna late on Sunday came on
Egypt, grappling with an energy crunch, will enforce a ban on the production and import of air conditioners that can be set lower than 20 degrees Celsius, aiming to reassure citizens and industry hit with power cuts and fuel shortages.
The latest international import and export trends of tea trade were discussed at an ongoing meeting of more than 300 delegates from over 30 tea producing and consuming nations in Dubai.
The fifth Global Dubai T
A consignment of Australian livestock is on its way to Bahrain for the first time since authorities Down Under banned exports more than a year-and-a-half ago.
Bahrain was blacklisted after it turned away a ship
Saudi Arabia, one of the world's largest barley importers, has a strategic reserve of four million tonnes to last the kingdom for around eight months, a Gulf-based industry source with knowledge of the matter told Reuters.
Dubai's government will consider establishing the world's first fully sharia-compliant export-import bank to promote the emirate's foreign trade, the Department of Economic Development said on Wednesday.
Kuwait's foreign trade surplus widened to 6.4 billion dinars ($22.7 billion) in July-September from a
revised 5.9 billion dinars in the previous quarter, data from the Central Statistical Bureau showed on Sunday.
Egypt's new supplies minister said its wheat stocks were enough to last until June after it had imported 4.5 million tonnes since July.
Khaled Hanafi, who was appointed last week, also said at a press conference in Cairo on Mo
Bahrain will soon receive its first consignment of Australian sheep after being frozen out for nearly 20 months.
The country has been hit with a series of meat shortages since August 2012 when it turned away 21,000 Australian shee