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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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Turkish president Recep Tayyip Erdogan. (File photo)
August 6th, 2017 - 07:00 GMT

Turkey's Exports Soar to Six-Year High in July: Exporters Unit

The Red Sea tourism project was launched on Monday and is expected to create as many as 35,000 jobs. (Pixabay)
August 6th, 2017 - 05:00 GMT

Saudi Arabia Expects to Create 35,000 Jobs With New Red Sea Project

One day there will be no more oil and gas left and Qatar’s ruling family is determined to get the country ready for that eventuality, using art and football. (AFP)
August 6th, 2017 - 12:43 GMT

Football and Art: Qatar's Stairway to Fame, Power and Prestige

The new company “Solidarity Bahrain” will become the largest Takaful insurance company in Bahrain. (Trade Arabia)
August 6th, 2017 - 11:46 GMT

Al Ahlia Insurance, Solidarity Takaful Announce Merger in Bahrain

Moody's expect the economy in Iraq to contract and continue its slow down at least through 2022. (File photo)
August 6th, 2017 - 11:20 GMT

Internal Politics, Corruption Weigh on Iraq's Economic Growth: Report

Some neighborhoods in Riyadh have a lot of runaway expat workers who do not have any ID documents and can be seen walking the streets searching for random jobs. (AFP/ File)
August 6th, 2017 - 10:11 GMT

Saudi Arabia Cracks Down on Employment of Runaway Workers, Housemaids

The higher expenses were due to “increased spend promoting Aldar properties throughout the region, particularly Saudi Arabia.” (File photo)
August 6th, 2017 - 10:00 GMT

Abu Dhabi's Aldar Boosts Marketing Spending as Revenue, Profit Fall

The loan brings to over $10 billion Oman’s external borrowing in 2017. (File photo)
August 6th, 2017 - 09:49 GMT

Heavily Indebted, Oman Uses $3.5 Billion Chinese Loan to Balance the Books

Iraq is oil rich and has significant potential for economic development and growth. (File photo)
August 6th, 2017 - 09:30 GMT

Moody's Assigns Caa1 Issuer Rating to Iraq, Outlook Stable

The new scheme aims to provide housing at rents ranging from Dh70 ($190.59) to Dh2,100 ($571.76) per month. (File photo)
August 6th, 2017 - 09:21 GMT

Abu Dhabi Launches New Affordable Housing Plan for Low-Income Groups

The Duqm refinery occupies more than 2,000 acres and, when completed, will have a refining capacity of approximately 230,000 barrels of oil per day. (File photo)
August 6th, 2017 - 09:15 GMT

Petrofac, Samsung Engineering JV Wins $2 Billion Duqm Refinery Deal in Oman

Manufacturing industries contributed 6.9 percent to the emirate’s economic output in 2016. (File photo)
August 6th, 2017 - 09:03 GMT

Abu Dhabi: 16 New Factories Enter Production in H1 2017

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