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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 engineering industry is expected to become a boom sector under the Saudi Vision 2030. (File photo)
August 9th, 2017 - 10:48 GMT

Saudi Arabia Allows 100% Foreign Ownership of Engineering Firms: Details

An Emirati man stands in front of a pipeline at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on September 21, 2016. (Karim Sahib/ AFP)
August 9th, 2017 - 10:29 GMT

UAE's Offshore Concession Part of Plan to Expand Oil Production: Minister

The previous Global Business Forum on Africa saw more than 100 bilateral investment meetings held during the event. (File photo)
August 9th, 2017 - 10:13 GMT

Global Business Forum on Africa 2017 to Be Held in Dubai in November

Turkey believes a land route is a more sustainable alternative for trade with Qatar on the long run. (File photo)
August 8th, 2017 - 01:44 GMT

Qatar, Turkey Mull New Trade Route for Food Products, Via Iran

Salam Air has flown more than 223,765 guests over its first six months of operations. (AFP)
August 8th, 2017 - 12:23 GMT

Salam Air, Oman's First Budget Airline, Celebrates Six Months of Operations

The billionaire Saudi prince sees potential in Egypt’s tourism sector. (File photo)
August 8th, 2017 - 11:15 GMT

Prince Alwaleed Bin Talal Invests $800 Million in Egypt's Tourism Sector

Saudi Arabia is no longer providing financial help to students of private colleges and universities. (Photo: KAUST)
August 8th, 2017 - 10:51 GMT

No More Financial Aid for Private University Students, Says Saudi Minister

The Suez Canal’s revenues from January to July 2017 amounted to $2.938 billion compared to $2.919 billion in the same period last year. (File photo)
August 8th, 2017 - 08:11 GMT

Egypt's Bet on Suez Canal Paying Off: Revenues up in First 7 Months of 2017

Egypt's foreign reserves have been on the rise since the country floated its currency and clinched a deal with the IMF for a three-year $12 billion loan. (AFP/ File)
August 7th, 2017 - 02:09 GMT

Egypt Foreign Reserves Hit Record High in July, But Why?

Experts are of the view that the new expat tax will bring down housing rents in Saudi Arabia by 10 to 20 percent. (File photo)
August 7th, 2017 - 01:44 GMT

More Jobs, Lower Rents with Saudi Arabia's New Expat Tax: Analysts

During the first three months of 2017 the Bahraini economy expanded by 2.9% overall. (Photo supplied)
August 7th, 2017 - 12:05 GMT

Bahrain’s Non-Oil Sector Grows to 4.4 Percent in Q1 2017: Report

Things are not looking good for Middle Eastern airlines, says IATA. (File photo)
August 7th, 2017 - 09:41 GMT

Middle East Airlines Report Another Slowdown in Traffic: IATA

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