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Bilateral Relations between Middle Eastern Countries and Austria
Austria and Middle Eastern countries - Read the latest headlines about bilateral relations in the areas of economy, diplomacy, culture and tourism
Fitch: Elections Command Fiscal Consolidation and Reforms
Vucic appears to acknowledge the need for reforms in Serbia.
March 20, 2014
ANDRITZ HYDRO to supply electromechanical equipment for Laucahydropower plant, Angola
International technology Group ANDRITZ is to supply the electromechanical equipment for the new Lauca hydropower plant, Angola, via Construtora Norberto Odebrecht to GAMEK (Gabinete de Aproveitamento do Medio Kwanza), a part of the Angolan power corporation ENE (Empresa Nacional de Electricidade). The order value for comparable deliveries lies in the lower three-digit million euro range; the order will enter into force in the course of 2014 upon fulfillment of all administrative requirements. Commissioning is scheduled for the end of 2017.
February 26, 2014
Low Expectations in Nuclear Talks with Iran in Vienna
Optimism among officials about successful talks to end Iran’s nuclear program is restrained.
February 19, 2014
Austria: Fischer Calls Upon Respect of Human Rights
At the New Year Reception for the diplomatic corps in Austria, President Heinz Fischer called upon the strict compliance to human rights.
January 20, 2014
OMV: Weakest Refining Margin Since 2009
Compared to the same period in 2012, the whole production of Austrian oil company OMV has decreased in the third quarter as well as compared to the previous quarter.
October 18, 2013
World Bank: 47 Banking Crises in the Past 40 Years
47 banking crises that have struck 116 countries in the past 40 years - World Bank
October 8, 2013
OMV to Take Over Offshore Block in Madagascar
OMV acquires interest in offshore Madagascar block
September 2, 2013
KapschTrafficCom Still Struggling in South Africa
The South African government cannot start the project since the state-controlled toll company is already in desperate straits. Further financial aids are not in sight.
July 25, 2013
Austria: Deputy Govenor of OeNB Suspended
Deputy Govenor of Austrian National Bank Duchatczek is suspected of bribery.
June 19, 2013
WKO Export Day in Vienna
On June 20, the Export Day (Exporttag) of the Austrian Chamber of Commerce (WKO) will take place in Vienna. Economic delegates from all over the world will be present.
June 8, 2013
Austria Pulling Back Peacekeepers from Syria-Israel Border
Austria announced to pull back its around 380 peacekeepers from the 1,000-strong UN force out of the Golan from the UNDOF mission after grave incidents occurred in Syria.
June 7, 2013
World Economic Forum on the Middle East and North Africa 2013
Dead Sea, Jordan 24-26 May 2013. Advancing Conditions for Growth and Resilience
April 29, 2013
“Business development focus in solid Austrian ties to Qatar”
Austrian State Secretary meets the Emir of Qatar and Qatar’s Foreign Affairs State Secretary for working discussions.
March 1, 2013
Strabag to Return to Libya
Because of the war in 2011, the Austrian construction group withdrew from Libya. In total, 1,500 workers were employed in Libya.
February 23, 2013
“Mali to receive support from EU and Austria”
Development Ministers consult on new European development framework in Dublin.
February 13, 2013
Benko Establishes Joint Venture with Israeli Investor
The Austrian real estate investor René Benko has found a partner. The joint venture will focus on commercial properties in Germany.
January 16, 2013
"We invite the African Union to open an office in Vienna"
"Austria invites the African Union to establish an office in Vienna in the year marking the 50th anniversary of the African Union.” Austrian State Secretary Lopatka says.
January 15, 2013
"Increasing polarisation in Egypt puts the country's development at stake"
Austria´s Vice-Chancellor Michael Spindelegger is concerned about latest development in Egypt.
December 6, 2012
"Foreign policy means security policy"
Vice-Chancellor explains Austria's foreign policy commitment in his annual address at the UNA-Austria and demands global nuclear disarmament.
November 28, 2012
“Intensifying the dialogue between the EU and the Arab League"
Austria´s Vice-Chancellor Michael Spindelegger at the meeting of foreign ministers of the Arab League and the EU in Cairo
November 14, 2012
"Important step towards opening the Nigerian export market"
Austria concludes investment protection agreement with Nigeria.
November 13, 2012
OMV: Libyan Output at Pre-War Level
The Austrian oil company could increase its oil production in the second quarter. OMV has to register extraordinary expenses of € 170m.
July 20, 2012
OMV Resumes Production Works in Yemen
The Austrian oil and gas group may get oil from Yemen soon. In Bulgaria, OMV participates in exploitation works.
July 17, 2012
Large Saudi Delegation in Vienna
A memorandum of understanding in Austrian Federal Economic Chamber between the Austrian Republic and the Kingdom of Saudi Arabia will be signed.
July 9, 2012
Libya: Austrian Companies Face Losses of € 200m
Since the attacks against Libya in 2011, the damage for Austrian companies operating in Libya total € 200m. Major projects had to be postponed.
July 4, 2012
OMV and Wintershall Sign Upstream Agreement with ADNOC
OMV and Wintershall will appraise the sour gas and condensate field in Shuwaihat in the Western Region of Abu Dhabi. OMV´s CEO Gerhard Roiss sees strengthened relations with the United Arab Emirates.
June 21, 2012
„Nabucco Will Die A Hundred Times“
OMV´s CEO Gerhard Roiss promotes the new „Nabucco West“ project and underlines the high probability of success.
June 14, 2012
Erne Fittings First Austrian 100% Ownership in Saudi-Arabia
Erne buys a 50% share from the former joint venture company Mada in Jubail, Saudi Arabia.
June 4, 2012
Pecik Finds New Partner
The Austrian investor and second-largest shareholder of Telekom Austria is said to cooperate with a Russian billionaire.
June 1, 2012
Spindelegger: „The Reform Process has Become Unstoppable“
42nd Viennese seminar of the International Peace Institute on the Arab Spring: Austria´s Foreign Minister is optimistic for the Arab community.
May 29, 2012
Austrian Enterprises Participate in Reconstruction in Libya
AWO Austria initiated a market sounding journey to Tripoli. “Enterprises must be at the face before the rush begins.”
May 22, 2012
Saudi-Austrian Forum in Vienna
Saudi Arabia and Austria celebrated the 55th anniversary of Saudi-Austrian relations. Foreign trade is growing substantially.
May 14, 2012
Global Demand for Solar Technology from Austria
Riyadh, the capital of Saudi Arabia, is currently home to the world's largest solar thermal plant. The technology behind this plant came from Austria.
May 8, 2012
Spindelegger Appeals Israel and Palestine to End the Conflict
Austrian Minister of Foreign Affairs: “Idle run in Middle East increases extremist danger for the region”
April 26, 2012
OMV Raises Production
Due to the economic recovery in Libya, the Austrian oil and gas group OMV increased Oil production.
April 24, 2012
Austrian Trade Mission 2012: “A Big Success”
With their trip to the Kingdom of Saudi Arabia, Austrian companies are highly satisfied.
April 5, 2012
Meeting between Saudi Monarchy and Austrian Embassy
The Austrian ambassador presented Investment opportunities to Saudia Arabia´s Prince Alwaleed.
March 20, 2012
Austria Benefits from Economic Boom in Saudi Arabia
An Austrian trade delegation is looking for Saudi partners. This year, the bilateral trade volume is expected to exceed € 1.0bn again.
March 14, 2012
IPIC Intends Further Increase in OMV
The second core shareholder of OMV, the Arab state fund International Petroleum Investment Company, which is situated in Abu Dhabi, plans another rise in its shareholding.
March 8, 2012
Eder: „Environmental Policy Endangers Economy“
Voestalpine´s CEO criticizes environmental specifications made by EU and domestic politics. Eder sees the danger of a de-industrialization.
March 5, 2012
New Riyadh Sewage Plant With Austrian Technology
Saudi Arabia's Minister signs contract over 80 Mio $ sewage purification plant. ILF participates in the awarded consortium.
March 5, 2012
Negative Operating Results for Kapsch TrafficCom
Due to delays in two major projects, the Austria toll collection system supplier recorded operating losses in the third quarter of 2011/12. Revenues were up massively.
February 29, 2012
Rosenbauer Has Good Prospects
The Austrian producer of fire fighting vehicles has full order books. In 2012, CEO Dieter Siegel expects a new record in sales.
February 24, 2012
Pecik is Said to Enter AMAG
The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG
February 23, 2012
Lower Sales at Rosenbauer
The Austrian producer of fire fighting vehicles registered a 9% decrease in revenues. EBIT was down by 17%, order intake was up by 66%. Basic capacity utilization secured until 2014.
February 22, 2012
AUA Attempts to Prevent FlyNiki to Approach Tel Aviv
Austrian Airlines files a complaint against FlyNiki at the Austrian
February 18, 2012
Voestalpine Amends Expansion Plans
The Austrian steel producer intends to use its technologic leadership in the automotive component business for further expansion steps.
February 18, 2012
AUA to Withdraw from Mumbai
Due to the increasing price pressure, Austrian Airlines has to focus on new markets. New target markets are Eastern Europe and the Middle East region.
February 13, 2012
Rising Production at OMV
Due to the resumption of works in Libya, the Austrian oil and gas group announces rising production volumes and slightly improving refining margins.
February 3, 2012
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