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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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Employees of grades eight to 11 will get 25 paid leaves as opposed to the 22 they got previously. (Shuttertsock)
July 2nd, 2018 - 07:53 GMT

New HR Law in Dubai for the Government Sector

“There are areas that are designed for cycling inside [Al Hussein Youth City] so we always urge the youth to head to the park to ride bicycles." (Shutterstock)
July 1st, 2018 - 01:02 GMT

Jordanian Initiative Promotes Cycling as Alternative Means for Transportation

The government stressed its commitment to an ‘open’ and ‘transparent’ approach under which citizens have the right to access information as the coming days will reveal the fuel pricing mechanism with full details. (Jordan Times)
July 1st, 2018 - 12:50 GMT

Jordanian Government Postpones Declaring July Fuel Prices

The company aims to create a sufficiently flexible ecosystem that will serve both the theoretic expansion of blockchain knowledge and the applied development of blockchain initiatives. (Shutterstock)
July 1st, 2018 - 12:41 GMT

Blockchain to Transform UAE Knowledge Sharing

Using innovative materials in development projects helps reduce projects costs. (Shutterstock)
July 1st, 2018 - 11:38 GMT

Abu Dhabi Saves Dh1 Billion in Infrastructure Projects

Tehran has become increasingly desperate for dollars and neighbouring Afghanistan, with a loosely regulated, dollarized economy and a border with few controls, is an obvious source. (Shutterstock)
July 1st, 2018 - 11:19 GMT

Opportunities for Afghan Money Traders as Iran Sanctions Emerge

India is seeking to increase its refining capacity to nine million barrels by the end of 2030. (AFP)
July 1st, 2018 - 10:31 GMT

The Joint Venture Between Aramco and ADNOC in India – Is There Any Mutual Benefit?

Iranian oil production is expected to fall from the fourth quarter of 2018 as US sanctions take effect. (Shutterstock)
July 1st, 2018 - 08:59 GMT

GCC Main Beneficiaries of OPEC Output Hike

The White House statement undercut a tweet by Trump earlier in the day when he wrote that Saudi Arabia had definitely agreed to produce more oil. (Shutterstock)
July 1st, 2018 - 08:48 GMT

Trump on Twitter: Saudi Ready to Increase Oil Production

According to Mercer's annual cost of living survey, Hong Kong is the most expensive city. (Shutterstock)
July 1st, 2018 - 08:33 GMT

10 Most Exorbitant Cities for Expats in 2018

The issue has caused an uproar among the expatriate community. (Shutterstock)
July 1st, 2018 - 08:20 GMT

Residents in Bahrain Protest ‘Unfair Electricity and Water Charges’

Some residents are still waiting to check if the prices will drop further. (Shutterstock)
July 1st, 2018 - 08:10 GMT

Planning to Send Money Home? Here's What Indian Expats in UAE Should Know

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