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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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Under the deal, Jordan will receive 3 billion cubic metres of gas per year. (Shutterstock)
July 6th, 2018 - 06:30 GMT

Natural Gas From Israel to Jordan in 2020

Naqvi, 57, is currently outside the UAE after the public prosecutor issued a warrant for his arrest. (AFP)
July 6th, 2018 - 06:00 GMT

Abraaj's Founder Nears Out-Of-Court Settlement

The Tripoli railway station, Lebanon, Friday, July 21, 2017. (The Daily Star)
July 5th, 2018 - 12:56 GMT

Turkey Helps Funding Tripoli Train Station Restoration in Lebanon

Prime Minister Omar Razzaz meets with the International Advisory Group in Amman on Thursday. (Jordan Times)
July 5th, 2018 - 12:25 GMT

Jordan Reviews Nuclear Programme Progress With International Advisory Group

Although Lebanese banks are behind many countries in their digital customer service, they’re eager to jump in, despite a lack of hospitable laws. (Shutterstock)
July 5th, 2018 - 11:17 GMT

Lebanese Banks to Fixate on Tech Innovation

The company’s new Asia marker will replace Platts Oman with Dubai Mercantile Exchange (DME) Oman. (Shutterstock)
July 5th, 2018 - 11:12 GMT

Saudi Aramco Changes Asia Crude Oil Price Formula

Saudi women have started to see the unlimited potential in all business areas. (Shutterstock)
July 5th, 2018 - 11:03 GMT

Saudi Business Women Who Broke All Stereotypes

A policeman checks the permits of residents in Saudi Arabia. (Arab News)
July 5th, 2018 - 10:41 GMT

Saudi Officials Warn Against Helping Illegal Workers

The two brands both have three teams playing in their jerseys in the quarter-finals. (Shutterstock)
July 5th, 2018 - 10:15 GMT

Nike Beats Its All-Time Rival Adidas at World Cup

Currently, 12 women are being trained to respond to emergencies. (Shutterstock)
July 5th, 2018 - 09:25 GMT

All-Women Rescue Teams at Dubai Beaches to Be Introduced Soon

Forex dealers said the rise of euro and yen against the greenback capped the rupee's fall. (Shutterstock)
July 5th, 2018 - 09:17 GMT

Rupee Reaches 18.68 vs Dirham

The UAE will have to pay more in salaries to attract and retain highly specialised talent. (Shutterstock)
July 5th, 2018 - 08:39 GMT

Salaries Expected to Increase Significantly for UAE Skilled Workers

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