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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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For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

The new service is aimed at helping customers save time by providing them with a fully-equipped van with internet services, laptops, and technology, with the service available 24/7. (Courtesy of Sharjah Chamber)
October 30th, 2017 - 10:44 GMT

Sharjah Chamber of Commerce Deploys 'You Call, We Arrive' Trucks for Private Sector

The agreements enforce Law No. (21) of 2015 regulating the entry and exit of expats and their freedom to change their employer. (AFP/ File)
October 29th, 2017 - 03:33 GMT

Qatar Signs 41 Worker Protection Agreements With Different Countries

Iran’s crude oil exports to Russia are part of an oil-for-goods barter scheme with Russia. (File photo)
October 29th, 2017 - 02:51 GMT

Iran to Begin Oil Exports to Russia Under Oil-For-Goods Barter Deal

The EgyptAir deal to buy 45 new aircraft will be the largest in the company history. (File photo)
October 29th, 2017 - 02:36 GMT

EgyptAir to Make Largest Deal in Its History, With 45 New Aircraft

A consortium comprising Qatar Petroleum has been selected as the winning bidder for a key oil exploration deal in Brazil. (Pictured here: Saad Sherida Al-Kaabi, President and CEO of Qatar Petroleum)
October 29th, 2017 - 02:21 GMT

Qatar Petroleum Part of Winning Consortium for Oil Exploration in Brazil

The airport would be the sixth airport serving the country, in addition to Muscat, Salalah, Sohar, Duqm and Khasab. (AFP)
October 29th, 2017 - 02:11 GMT

Oman Starts Feasibility Study for New Airport

Doha Metro provides over 9,200 sqm of retail space across 37 stations. (Qatar Rail)
October 29th, 2017 - 02:03 GMT

Qatar: Companies Can Register for Retail Spaces at Doha Metro

The free zone will cater to major regional and international manufacturers to store their goods in warehouses to be shipped later to local markets via e-commerce. (Shutterstock)
October 29th, 2017 - 11:37 GMT

Dubai Launches First-Ever E-Commerce Free Zone in Middle East Region

On this day, 32 years ago, the first Emirates flight took off. (YouTube)
October 25th, 2017 - 01:29 GMT

Emirates Turns 32: Brief History of UAE's Favorite Airline

Work is underway to get Israel to approve the 3G network service to Palestinian mobile companies. (AFP)
October 25th, 2017 - 09:20 GMT

Qatari-Owned Wataniya Mobile Launches in Gaza

Mid-end and low-end areas with the largest declines in rents include Al Reef Downtown, Khalifa and MBZ City. (File photo)
October 25th, 2017 - 08:37 GMT

Abu Dhabi Rents Fall on Oversupply, Weak Job Market

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