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Najaf Province Drops Ban On Gulf Air

Najaf province in Iraq has dropped a ban on flights operated by Bahrain's principal flag carrier Gulf Air after receiving complaints from Bahraini Shi'a Muslims, according to a provincial council...

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Mario To Build Auto Factory

News: Iraq-based Mario has started work on a vehicle factory in Suli, according to Salah Hussein, the head of city and industrial areas. The investment in Suli is aimed at creating a factory for...

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Vodafone And Zain Plan Roaming Deal

Vodafone, the world's largest mobile operator by sales and Middle Eastern mobile operator Zain have confirmed talks over a roaming agreement. Zain's regional footprint makes it a key partner for...

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Gulf Theme Parks Face Bumpy Ride

BMI View: A huge growth in interest in theme park builds supports our bullish outlook for the Gulf region's construction industry. As burgeoning oil receipts gradually become teemed with improvements...

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Total Defies Baghdad As Showdown Looms

BMI View: Total's second farm-in to a Kurdish oil block is likely to leave Baghdad seething. The major now faces the very real possibility of losing its 18.75% stake in the southern Halfaya oilfield...

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Politics Undermining Investment Outlook

We forecast Iraq's current account to come into surplus to the tune of US$28.3bn in 2012 and US$31.0bn in 2013, representing 20.4% and 18.6% of GDP, respectively. This mostly results from increasing...

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Genel Builds For The Future

BMI View: Genel Energy is looking to use a US$1bn war chest to build a substantial E&P business in the Middle East and Africa over the next five years. It has already got to work in H112,...

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