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Aphrodite Gas Field off Cyprus to Be Linked to Egypt

The offshore Aphrodite natural gas field being developed in Cypriot waters will be connected to an existing processing and production facility in Egypt via a subsea pipeline, one of the partners in the project said on Wednesday. NewMed Energy said it had submitted with partners Chevron and Shell a development plan for Cypriot government approval. The group met the Cypriot energy minister on Monday to discuss progress, Reuters said. "The updated plan is expected to accelerate and reduce the cost of development," NewMed said. ....

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Saudi Arabia Grants Licenses for Establishment of 4 Economic Zones

The Saudi government is seeking to develop special economic zones based on modern and innovative designs, with the aim to attract foreign direct investments and shape the future of regional and global markets. Ministers, officials, and local and international experts attended the launch of the Saudi Special Economic Zones Investment Forum on Monday, which saw the announcement of new investment deals exceeding 27 billion riyals ($7.2 billion). ....

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Congress candidate Baburao Chinchansur injured as his car overturns in Karnataka

Kalaburagi, Apr 15: Congress candidate Baburao Chinchansur, who will be contesting from Gurmitkal seat in the Karnataka Assembly polls, was injured along with his driver and gunman when the car he was travelling in overturned in Kalaburagi district in the early hours of Saturday, police said. ....

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Saudi Arabia offers major concessions to investors in newly launched SEZs

Saudi Arabia offers major concessions to investors in newly launched SEZs
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