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Libya’s PFG to start lifting oil terminals blockade

  Reuters Libya’s Petroleum Facilities Guard (PFG) will start lifting a blockade on eastern oil terminals over the next three days, though a resumption of exports will depend on the state of the ports, a spokesman said. The PFG, which protects Libya’s oil terminals and fields, has blockaded the major eastern terminals of Ras Lanuf, Es Sider and Zueitina for ...

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MODON inks $160bn pacts

  Reuters The Saudi Industrial Property Authority (MODON) has inked more than 6,000 industrial, logistic and services contracts for investments that exceed SR600 billion ($160 billion) and provide job opportunities for more than 520,000 employees. Sami Al-Hussaini, official spokesperson of MODON, told Asharq Al-Awsat that factories in the industrial zones have registered a remarkable rise during 2015, in addition to ...

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Saudi mulls agri firms in Sudan

  Jeddah / TNS The Ministry of Environment, Water and Agriculture is planning to establish five agricultural companies in Sudan that specialize in fish farming, grain and fodder trade, animal farming and agricultural production. Sudan has allocated around one million acres for Saudi investment next to the Atbara Agricultural River, according to an executive agreement between the Saudi Ministry of Environment, ...

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