Category: Business

China’s factory activity contracts for third month

China’s factory activity contracted for the third consecutive month in July, government data showed.

The Purchasing Managers Index (PMI) for China’s manufacturing sector, a gauge of activity of some 3,000 big and state-owned firms across the country,…

Read More

Iraq, BP ink oil, gas fields MoU in Kirkuk governorate

Iraq’s Ministry of Oil signed a comprehensive Memorandum of Expertise with British Petroleum (BP) to develop oil and gas fields in Kirkuk Governorate, north of the country.

The presidential media office on Thursday mentioned that Prime Minister Moham…

Read More

Algeria, Italy Sign MoU in Electricity Exports Field

Algeria and Italy on Wednesday signed a memorandum of understanding (MoU) in the field of electricity exports to Europe.

The Algerian energy group Sonatrach said that the MoU was signed in partnership between Sonatrach, the Algerian electricity and g…

Read More