Kuwait Energy, the Bahrain-based independent oil and gas company, should enjoy higher cash flows in 2015 as production from its Iraqi gas project starts and capital expenditure on development is scaled back, Fitch Ratings said in a statement issued on…
Day: July 11, 2014
IMF calls for action to contain subsidies in Middle East countries
The IMF called for action across the Middle East to reduce generalised subsidies and direct government assistance to the poor and vulnerable in a report published on 10 July. The report – Subsidy Reform in the Middle East & North…