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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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The signing of the MoU stems from the excellent relations between Qatar and Oman, and their keenness to promote cooperation in the fields of science and higher education on the basis of the principle of mutual interest. (Shutterstock)
June 11th, 2018 - 09:32 GMT

Qatar Oman Pact to Boost Cooperation in Education

For Egypt's government and civil society groups, tackling the growing problem of street children is proving difficult. (AFP)
June 11th, 2018 - 09:31 GMT

Egypt’s Birth Rate Drops as Economic Pressure Mounts

Omanisation policies are not helping the private sector, according to the government body overseeing the Sultanate’s diversification plans. (Shutterstock)
June 11th, 2018 - 08:22 GMT

Omanisation Policies Hindering Private Sector’s Progress

Seems like the government has already made up its mind and they will start implementing the idea very soon. (AA)
June 11th, 2018 - 08:15 GMT

Egyptian Parliament Approves Law To Impose Taxes On Social Media Ads

A rise in US interest rates could dampen demand for regional real estate. (Shutterstock)
June 11th, 2018 - 07:40 GMT

GCC Economies Brace for Rising Interest Rates

Saudi Arabia, Kuwait and the United Arab Emirates pledged $2.5 billion of aid to Jordan on Monday. (KhT)
June 11th, 2018 - 07:06 GMT

UAE, Saudi, Kuwait Pledge $2.5 Billion Aid Package to Jordan

UAE's natural environment inspires Expo 2020 bus stations' design. (KhT)
June 10th, 2018 - 09:53 GMT

This Is How Expo 2020 Bus Stations Will Look

The Saudi companies on the list account for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value. (Shutterstock)
June 10th, 2018 - 08:44 GMT

7 Saudi Firms on Forbes List of Largest Public Companies

Similarly, Abu Dhabi announced a stimulus package of Dh50 billion last week to give fillip to the emirate's economy. (Shutterstock)
June 10th, 2018 - 08:39 GMT

Dubai Offers Businesses New Facilitating Measures

The Saudi government has been urged to boost training of health professionals and ease visa requirements to meet an expected shortfall in qualified medical staff in the Kingdom. (AFP)
June 10th, 2018 - 08:36 GMT

Saudi Arabia Will Need an Additional 10,000 Doctors by 2020

Investors in Saudi Arabia and the UAE accounted for the highest proportion of the “very knowledgeable” category. (Shutterstock)
June 10th, 2018 - 08:28 GMT

Saudi Investors Keen on Real Estate and Looking Abroad

After the U.S. president hit European allies with aluminum and steel tariffs, the meeting shows a Washington policy drifting away from European commitments. (AFP)
June 10th, 2018 - 08:22 GMT

Oil Prices Slip on G7 Trade Concerns

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