Reuters Iran’s new oil and gas contracts will need amendments, its oil minister said after a meeting with the speaker of parliament, adding that the new contracts will not be sent to the assembly for final approval. The launch of the Iran Petroleum Contract (IPC) has been postponed several times as hardline rivals of pragmatist President Hassan Rouhani resisted …

  Reuters An offer of 3 billion riyals ($825 million) of Qatar government bonds, the first domestic government bond offer this year, was successful and showed liquidity in the Qatari banking system is healthy, a central bank official told Reuters on Tuesday. “It was a very successful auction with big demand. It shows liquidity is fine. The demand was fine …

  Reuters Telecommunications operator Zain Saudi Arabia said on Tuesday it would save 175 million riyals ($46.7 million) by using a Chinese bank to refinance a 2.25 billion riyal loan that it had secured just two months ago. The new, $600 million loan was signed with Industrial and Commercial Bank of China; it has a two-year maturity with an option …