Iran struggles to control plunging rial

The Iranian rial has hit record lows, dropping past IR113,000=$1 on 29 July and continuing to fall since then. Seasonal demand for foreign currency may be contributing to the slump in the rial’s value, but the main problem is looming US sanctions, which are due to take effect in two waves in early August and November. Locals are moving assets into hard currency, gold coins and other safe investments to protect their wealth. 2nd August 2018, Issue 1,064. Read more

Bahrain's Economic Performance

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Gulf boundaries and hydrocarbons infrastructure

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The Gulf region: economy and society

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Iraqi Kurdistan hydrocarbons infrastructure map

Revised in January 2015, this map provides a detailed overview of hydrocarbons infrastructure in the Kurdistan area of Iraq.

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Consultants face scrutiny but are locked into their Saudi business

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Events

28-29 January

Middle East and North Africa Energy 2019

Chatham House, London

5 February

GCC Energy Strategy Forum

JW Marriott Hotel, Kuwait City

19-20 February

The Solar Show MENA

The Nile Ritz-Carlton, Cairo, Egypt

5-7 March

Middle East Electricity

Dubai World Trade Centre, UAE

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