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Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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The list of the worst 10 airports around the world has Jeddah at the top, followed by South Sudan and Nigeria closing the top three. (AFP)
August 13th, 2017 - 12:22 GMT

Jeddah's King Abdulaziz Airport Voted 'Worst in the World' by Passengers

Muscat also emerged as the most affordable city to live in the Middle East, along with Khobar and Jeddah in Saudi Arabia. (File photo)
August 13th, 2017 - 12:00 GMT

Oman Third Most Affordable Place to Buy a House in the World: Report

The parks are expected to generate an estimated SAR130 billion ($34.6 billion) and draw 5.6 million visitors annually. (File photo)
August 13th, 2017 - 11:47 GMT

Saudi Arabia Has Plans for 24 Theme Parks to Boost Tourism, Jobs

Profitability at the five largest Saudi banks could be pressured going into 2018, according to Moody's. (File photo)
August 13th, 2017 - 11:14 GMT

Saudi Banks to Face Profitability Pressures in 2018: Moody's

The agreements focused on pharmaceuticals, foodstuff, construction, building materials, shipping, logistics, plastic, aluminium, glass, technology, furniture, and air-conditioning sectors. (Shutterstock)
August 13th, 2017 - 10:59 GMT

Qatar, Turkey Strengthen Economic Ties With 15 New Agreements

The developer has announced the completion of Azizi Royal Bay in just 22 months. (Courtesy of Azizi Developments)
August 13th, 2017 - 09:50 GMT

Azizi Developments Announces Dh350 Million Project on Palm Jumeirah

The new Value-Added Tax (VAT) will be implemented in Saudi Arabia from January 1 next year simultaneously with other GCC countries. (File photo)
August 13th, 2017 - 09:31 GMT

Saudi Arabia Expects VAT to Increase Cost of Living by 5 Percent

With this announcement, Qatar now has the highest number of nationalities eligible to enter visa-free, making it the most 'open' country in the region. (File photo)
August 10th, 2017 - 02:58 GMT

Qatar Offers Visa-Free Entry to 80 Countries in Bid to Boost Tourism

The operator of four theme parks said it lost Dh286.2 million ($77.9 million) in the second quarter, compared with Dh41.3 million a year earlier. (File photo)
August 10th, 2017 - 11:17 GMT

After Less Than a Year, Dubai Theme Park Company Reshuffles Business

The deal will give Omantel exposure to nine growth markets with a total population of 175 million outside an already-saturated domestic market. (File photo)
August 10th, 2017 - 10:47 GMT

Omantel Buys 10 Percent Stake in Zain Group for $846 Million

Drone owners in Dubai must undergo a security vetting and be at least 16 years of age to be certified. (File photo)
August 9th, 2017 - 11:36 GMT

Getting a Drone in Dubai? Get a License First, Says Dubai Aviation Authority

Abu Dhabi is home to Ferrari World, the first-ever Ferrari-branded theme park in the world. (Shutterstock)
August 9th, 2017 - 11:21 GMT

Special Deals, Free Tickets: Abu Dhabi Targets Saudis in New Tourism Campaign

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