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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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Scores of women drivers drove along busy Tahlia thoroughfare and other streets in the capital Riyadh. (Khaleej Times)
June 24th, 2018 - 06:54 GMT

Saudi Women Take the Wheel as Driving Ban Officially Ends

The high number of players and concentration on the motor and medical insurance segments has intensified competitive pressures. (Pixabay)
June 23rd, 2018 - 01:00 GMT

Jordan's Challenging Environment Hinders Insurance Companies’ Growth

Tunisia’s progressive women's right laws in MENA have not translated into increased economic opportunities. (CPI Financial)
June 22nd, 2018 - 11:00 GMT

Lending to Women Could Drive Tunisian Economic Growth

The carrier said it has a team of experts working with stakeholders and creditors to protect its investment and business interests. (File/Photo)
June 22nd, 2018 - 10:00 GMT

Air Arabia Drops After Flagging $336 Million Exposure to Abraaj

Jordan's King Abdullah II and German Chancellor Angela Merkel. (File/Photo)
June 21st, 2018 - 02:18 GMT

Merkel Pledges $100 Million Loan for Jordan

The two suspects have allegedly slashed due taxes on a taxpayer by JD56,000. (Pixabay)
June 21st, 2018 - 12:15 GMT

Former Top Tax Officials, Suspected Partners, Charged With Graft in Jordan

Razzaz, Qatar embassy warn of websites promoting fake job vacancies. (AFP)
June 21st, 2018 - 11:59 GMT

Ministerial Committee Formed in Jordan to Follow up on Qatar's Pledged Job Opportunities

Above, a fish farming facility in the Mediterranean Sea. Sovereign investors across the region are increasingly investing in food resources on land and sea as a growing global population needs feeding. (Mubadala)
June 21st, 2018 - 11:41 GMT

Mubadala Goes Fishing for Deals in the Mediterranean

Khalid Al-Hussan, Chief Executive Officer of the Saudi Stock Exchange (Tadawul), speaks during a news conference after the inclusion of MSCI EM to the Saudi Stock Market in Riyadh, Saudi Arabia June 21, 2018. (Arab News)
June 21st, 2018 - 11:23 GMT

Saudi Stock Exchange Cheers MSCI Emerging Market Upgrade

The period will coincide with the timing given for other special visa applicants. (Khaleej Times)
June 21st, 2018 - 10:46 GMT

Grace Period Date Announced for UAE's Illegal Residents

Check out the list of brands, malls offering 12-hour flash sale in Dubai. (KhT)
June 21st, 2018 - 08:55 GMT

12-Hour Flash Sale in Dubai: Brands Offering up to 90 Percent Discount

As the astronaut for the 10-day-long mission will be selected and will fly into space on board the Russia's Soyuz-MS spacecraft to reach the ISS, the UAE is all set to make a historical achievement early next year. (Pexels)
June 21st, 2018 - 08:24 GMT

All You Need to Know About the UAE First Space Mission

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