Emirates Red Crescent signed an agreement to implement a water network project in Yemen's Hadramaut.
The price of OPEC's basket of fourteen crudes stood at $48.69 a barrel on Wedn.
Contract is for a pipeline network to feed the new, $16 billion Al Zour refinery
Saudi Electricity Company said on Wednesday it had signed a $1.75 billion international syndicated loan.
Hawiyah is part of Ghawar, the world's largest onshore oilfield.
The venture is Al-Iraqia Shipping Services and Oil Trading.
A high-level American delegation headed by Paul Malik, US Consul-General in Dubai.
Refiner Thai Oil has bought 1million barrels of North Sea Forties crude to be delivered in November to replace more expensive Middle East oil.
The price of OPEC's basket of fourteen crudes stood at $48.45 a barrel on Tues.
Production at Libya's Sharara oilfield dropped to between 130,000 and 150,000 barrels per day (bpd), from about 280,000 bpd, because of recent security breaches