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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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In the UAE, only around half protect their devices with a password. (Pixabay)
September 14th, 2017 - 05:00 GMT

Cyber Security Often Overlooked by UAE Residents – at a Price

A new study has revealed that the most-preferred customer channel for accessing banking services in Saudi Arabia is via a mobile app. (Shutterstock)
September 13th, 2017 - 02:44 GMT

Mobile Banking, Not Traditional Banking, Is What Saudi Customers Want: Infographic

Prince Alwaleed Bin Talal. (AFP/ File)
September 13th, 2017 - 10:31 GMT

Crédit Agricole Sells 16 Percent Stake in Saudi Bank to Prince Alwaleed Bin Talal

Apple CEO Tim Cook speaks about the new iPhone X during a media event at Apple's new headquarters in Cupertino, California, on September 12, 2017. (Josh Edelson/ AFP)
September 13th, 2017 - 10:14 GMT

Apple's iPhone X: Specs, Price and Availability in Middle East

A Yemeni man sits on the rubble as people search for survivors in houses destroyed by a Saudi-led air strike on Yemen’s capital, Sanaa, on May 1, 2015. (Mohammed Huwais/ AFP)
September 13th, 2017 - 09:07 GMT

Saudi Arabia to Offer Residency Permits to Yemenis With Visitor Cards

Good news: You get a raise next year. Bad news: It's not much. (File photo)
September 13th, 2017 - 06:00 GMT

GCC 2018 Salary Raises: The Good News and the Bad News

The exhibition, which will be held in Riyadh from 28-30 January 2018, is a key event for the future of the Internet of Things in Saudi Arabia. (Shutterstock)
September 13th, 2017 - 05:00 GMT

Saudi Arabia to Host Major IoT Conference in Early 2018

Sheikh Mohammed during the launch of a new government centre staffed entirely by smart robots. (WAM)
September 12th, 2017 - 05:00 GMT

Sheikh Mohammed Launches Government Centre Staffed Entirely by Robots

Oman has seen trade with Qatar skyrocket by almost 2,000 percent in the past few months. (AFP)
September 12th, 2017 - 11:47 GMT

Oman, the Only Winner in Qatar Crisis

The Zohr gas field is expected to be one of the largest natural gas projects in the Mediterranean region. (AFP/ File)
September 12th, 2017 - 10:49 GMT

Egypt Awards Contract for Zohr Gas Field to US Company Baker Hughes

Apple is expected to unveil on Tuesday the iPhone 8, ten years after co-founder Steve Jobs released the first version. (AFP/ File)
September 12th, 2017 - 10:28 GMT

Is Apple Pushing It Too Far With Its $1,000 iPhone 8?

Nearly nine in 10 people in the UAE (89 percent) are supporting a parent or child financially, according to a study by HSBC. (StockSnap/ Pixabay)
September 12th, 2017 - 10:14 GMT

9 in 10 People in UAE Support a Parent or Child Financially: Study

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