Reuters Iran’s crude oil exports are set to decline 5 percent in November to a four-month low, a source with knowledge of its preliminary tanker schedule said, as low seasonal demand in Europe takes the edge off its post-sanctions export bonanza. Iran’s oil exports typically hit a low around October or November each year, reflecting peak refinery maintenance seasons ...

  Reuters Kuwait has begun operating its first-ever solar power plant at the Umm Gudair oil field, a landmark for the OPEC member country as it seeks to diversify its sources of energy to meet fast-rising local demand. The 30-million Kuwaiti dinar ($99 million) project, Sidrah 500, will produce 10 megawatts (MW) of electricity, half of which will be supplied ...

  Jeddah / Emirates Business JLL, the world’s leading real estate investment and advisory firm, released its Q3 2016 Jeddah Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. The latest market summary report discusses the opening of two internationally branded hotels — the Movenpick City Star Hotel (228 keys) and ...