African and Mideast Business - Page 8 - The Globe and Mail

January 8, 2019

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005.

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran, July 25, 2005.

Turkey resumes importing crude oil from Iran under U.S. sanctions waiver

January 6, 2019

A man counts Iranian rials at a currency exchange shop in Basra, Iraq, on Nov. 3, 2018.

A man counts Iranian rials at a currency exchange shop in Basra, Iraq, on Nov. 3, 2018.

Iran’s central bank proposes slashing four zeros from falling currency: report

January 4, 2019

Iraqi oil minister Thamer Ghadhban speaks to the media during a handover ceremony at the ministry's headquarters in Baghdad, Iraq, on Oct. 31, 2018.

Iraqi oil minister Thamer Ghadhban speaks to the media during a handover ceremony at the ministry's headquarters in Baghdad, Iraq, on Oct. 31, 2018.

Iraq says it is committed to OPEC+ deal to cut oil output

January 4, 2019

An employee of German Apple retailer Gravis displays an iPhone 7 and 8 in a store in Berlin on Jan. 3, 2019.

An employee of German Apple retailer Gravis displays an iPhone 7 and 8 in a store in Berlin on Jan. 3, 2019.

Qualcomm enforces court order to ban some iPhone sales in Germany

January 3, 2019

Pipes are pictured at the Sharara oil field.

Pipes are pictured at the Sharara oil field.

Libya’s closed Sharara oil field expected to lose 8,500 barrels a day to looting, NOC says

January 3, 2019

A view of Ethiopia's Grand Renaissance Dam, as it undergoes construction, is seen during a media tour along the river Nile in Benishangul Gumuz Region, Guba Woreda, in Ethiopia March 31, 2015.

A view of Ethiopia's Grand Renaissance Dam, as it undergoes construction, is seen during a media tour along the river Nile in Benishangul Gumuz Region, Guba Woreda, in Ethiopia March 31, 2015.

Ethiopia expects Nile dam to be ready to start operation in late 2020

January 2, 2019

Qatar approves plans for Microsoft global data centre: report

December 28, 2018

A truck carries mineral concentrate from the Bisha mine in Eritrea, which is majority-owned by Vancouver-based Nevsun resources. The trucks are travelling to a sea port at the city of Massawa, on the Red Sea, where the concentrate will be exported.

Geoffrey York/The Globe and Mail

A truck carries mineral concentrate from the Bisha mine in Eritrea, which is majority-owned by Vancouver-based Nevsun resources. The trucks are travelling to a sea port at the city of Massawa, on the Red Sea, where the concentrate will be exported.

Geoffrey York/The Globe and Mail

Canadian miner Nevsun Resources has a tangled relationship with one of the world’s most repressive regimes

December 26, 2018

Saudi Aramco creates fuel retail subsidiary

December 21, 2018

First Quantum Minerals chairman, CEO and director Philip Pascall looks on during the company's annual general meeting in Toronto on May 9, 2012.

First Quantum Minerals chairman, CEO and director Philip Pascall looks on during the company's annual general meeting in Toronto on May 9, 2012.

Canadian miner First Quantum plans 2,500 layoffs in Zambia over tax hikes

December 20, 2018

In this Monday, Dec. 10, 2018, photo, a worker puts the finishing touch to a hand-woven carpet at a workshop at the grand bazaar in Kashan, Iran. Before the Trump administration withdrew from Iran’s nuclear deal with word powers and began restoring crippling sanctions earlier this year, the $425 million a year Persian carpet industry kept an ancient artistic tradition alive while providing much-needed income to Iranians as well as Afghan refugees, who create much of the more luxurious hand-woven pieces. (AP Photo/Vahid Salemi)

In this Monday, Dec. 10, 2018, photo, a worker puts the finishing touch to a hand-woven carpet at a workshop at the grand bazaar in Kashan, Iran. Before the Trump administration withdrew from Iran’s nuclear deal with word powers and began restoring crippling sanctions earlier this year, the $425 million a year Persian carpet industry kept an ancient artistic tradition alive while providing much-needed income to Iranians as well as Afghan refugees, who create much of the more luxurious hand-woven pieces. (AP Photo/Vahid Salemi)

Revived U.S. sanctions on Iran hurting makers of Persian rugs

December 19, 2018

Saudi Crown Prince Mohammed bin Salman attending the 2019 budget meeting in Riyadh on Dec. 18, 2018.

Saudi Crown Prince Mohammed bin Salman attending the 2019 budget meeting in Riyadh on Dec. 18, 2018.

Little room to manoeuvre as Saudi slows drive to cut deficit

December 18, 2018

Pipes are pictured at the El Sharara oil field Dec. 3, 2014.

Pipes are pictured at the El Sharara oil field Dec. 3, 2014.

Libya’s state oil company declares force majeure on El Sharara oil field

December 16, 2018

A Qatari natural gas tanker. (File Photo).

A Qatari natural gas tanker. (File Photo).

Qatar Petroleum to invest US$20-billion in major expansion in U.S.

December 14, 2018

FILE PHOTO: A general view of the El Sharara oilfield, Libya December 3, 2014. REUTERS/Ismail Zitouny/File Photo

FILE PHOTO: A general view of the El Sharara oilfield, Libya December 3, 2014. REUTERS/Ismail Zitouny/File Photo

Libya’s state oil company against paying ransom to reopen oil field seized by militia

December 13, 2018

FILE -- A tank farm for crude oil and refined products in Ras Tanura, Saudi Arabia, Jan. 11, 2018. President Donald Trump is pressing OPEC, and Saudi Arabia in particular, to maintain production levels to keep gas prices down for American consumers. (Christophe Viseux/The New York Times)

FILE -- A tank farm for crude oil and refined products in Ras Tanura, Saudi Arabia, Jan. 11, 2018. President Donald Trump is pressing OPEC, and Saudi Arabia in particular, to maintain production levels to keep gas prices down for American consumers. (Christophe Viseux/The New York Times)

Saudi plans lend credibility to OPEC’s latest vague oil-cut pledge

December 13, 2018

FILE PHOTO: Saad al-Kaabi, chief executive of Qatar Petroleum, gestures as he speaks to reporters in Doha, Qatar, July 4, 2017. REUTERS/Naseem Zeitoon/File Photo

FILE PHOTO: Saad al-Kaabi, chief executive of Qatar Petroleum, gestures as he speaks to reporters in Doha, Qatar, July 4, 2017. REUTERS/Naseem Zeitoon/File Photo

Leaving OPEC frees Qatar to pursue U.S. ambitions

December 12, 2018

A worker climbs stairs at the Halfaya oilfield in Amara, southeast of Baghdad, Jan. 21, 2016.

A worker climbs stairs at the Halfaya oilfield in Amara, southeast of Baghdad, Jan. 21, 2016.

Iraq increases production at Halfaya oil field

December 9, 2018

Qatar's Minister for Foreign Affairs Soltan bin Saad Al-Muraikhi listens while Saudi Arabia's King Salman bin Abdulaziz Al Saud talks during the Gulf Cooperation Council's (GCC) Summit in Riyadh, Saudi Arabia, on Sunday.

Qatar's Minister for Foreign Affairs Soltan bin Saad Al-Muraikhi listens while Saudi Arabia's King Salman bin Abdulaziz Al Saud talks during the Gulf Cooperation Council's (GCC) Summit in Riyadh, Saudi Arabia, on Sunday.

Qatar dispute overshadows Gulf Arab summit as emir stays away

November 30, 2018

An oil tank is seen in Ras Lanuf, Libya, on July 10, 2018.

An oil tank is seen in Ras Lanuf, Libya, on July 10, 2018.

Workers’ discontent threatens Libyan oil output surge

November 28, 2018

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

Saudi Arabia nabs new China oil demand, challenges Russia’s top spot

November 25, 2018

Chief Executive Office Ulrich Spiesshofer of Swiss power technology and automation group ABB will attend the conference this week in Saudi Arabia.

Chief Executive Office Ulrich Spiesshofer of Swiss power technology and automation group ABB will attend the conference this week in Saudi Arabia.

ABB, Siemens CEOs to visit Saudi Arabia despite backlash over killing of Jamal Khashoggi

November 19, 2018

The logos of Airbnb are displayed at an event in Tokyo.

The logos of Airbnb are displayed at an event in Tokyo.

Airbnb to remove listings at Israeli settlements in occupied West Bank

November 19, 2018

Iran's President Hassan Rouhani speaks at a news conference on the sidelines of the 73rd session of the United Nations General Assembly in New York on Sept. 26, 2018.

Iran's President Hassan Rouhani speaks at a news conference on the sidelines of the 73rd session of the United Nations General Assembly in New York on Sept. 26, 2018.

Iran intends to continue exporting oil despite U.S. sanctions

November 15, 2018

A fisherman pulls in his net as an oil tanker is seen at the port in the city of Duba, Saudi Arabia on April 20, 2013.

A fisherman pulls in his net as an oil tanker is seen at the port in the city of Duba, Saudi Arabia on April 20, 2013.

Saudis pushing OPEC for deep output cut in response to Trump’s Iran waivers

November 13, 2018

Jihad Azour, the IMF's Mideast and Central Asia director, poses before his press conference in Dubai, United Arab Emirates, on Nov.13, 2018.

Jihad Azour, the IMF's Mideast and Central Asia director, poses before his press conference in Dubai, United Arab Emirates, on Nov.13, 2018.

IMF official says the fund won’t change Saudi forecasts over Khashoggi furor

November 13, 2018

OPEC makes the case for a supply cut, risking the wrath of Trump

November 11, 2018

Saudi Arabia, the world’s top producer, wants to prevent a further slide in prices which fell below US$70 a barrel on Friday, two sources told Reuters.

Saudi Arabia, the world’s top producer, wants to prevent a further slide in prices which fell below US$70 a barrel on Friday, two sources told Reuters.

Saudi Arabia to cut oil output by half-a-million barrels per day

November 9, 2018

A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, Iran.

A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, Iran.

Iran’s economy to suffer but likely survive U.S. sanctions

November 5, 2018

Saudi Arabia's Crown Prince Mohammed bin Salman is seen during a meeting with UN Secretary-General Antonio Guterres at the United Nations, in New York, on March 27, 2018.

Saudi Arabia's Crown Prince Mohammed bin Salman is seen during a meeting with UN Secretary-General Antonio Guterres at the United Nations, in New York, on March 27, 2018.

Saudi crown prince launches project for first nuclear research reactor in kingdom: report

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