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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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In this photo Neymar poses with the CEO of Qatar Airways Akbar Al-Baker. (AFP)
August 3rd, 2017 - 01:30 GMT

Qatar Plays Politics With €222M Neymar Transfer to PSG

Lufthansa has just reported the best first-half results in its history. (File photo)
August 3rd, 2017 - 12:50 GMT

Lufthansa Has Big Plans for Air Berlin, and They Don't Include Etihad

The mega project was launched by the Saudi Crown Prince Mohammed bin Salman on August 1. (AFP/ File)
August 3rd, 2017 - 12:32 GMT

Red Sea Project Will Bring Tourists, Investments and Prosperity: Saudi Ministers

Qatar Airways backs off on its proposal to buy into American Airlines. (File photo)
August 3rd, 2017 - 11:34 GMT

Qatar Airways Reverses Decision to Buy Into American Airlines

Uber has been given three dedicated areas to transport passengers to and from King Khalid International Airport.
 (Mark Ralston/ AFP)
August 2nd, 2017 - 11:00 GMT

Your Move, Careem: Uber Strikes Passenger Transport Deal with Riyadh Airports

Textile merchants are facing a difficult time at the moment. (File photo)
August 1st, 2017 - 05:00 GMT

Textile Market, a Dying Industry in Saudi Arabia?

Expat workers constitute 60 percent of the workers in Saudi Arabia but their numbers have been dwindling in recent months. (AFP/ File)
August 1st, 2017 - 01:02 GMT

Half of Work Visas Issued by Saudi Arabia Are for Domestic Workers: Ministry

A flexible tax system would increase royalty payments for Saudi Aramco when oil prices rise. (AFP/ File)
August 1st, 2017 - 12:18 GMT

Saudi Arabia Mulls Oil-Price Linked Tax Plan for Aramco Ahead of IPO

Moody's joins the other two major foreign credit rating agencies, Fitch and Standard & Poor's, to operate rating activities in Saudi Arabia. (Thomas Coex/ AFP)
August 1st, 2017 - 11:38 GMT

Moody’s Wins License to Operate in Saudi Arabia, Big Three Now Complete

Traders at Muscat Securities Market (MSM), the only stock exchange in Oman. (Photo courtesy of TBY)
August 1st, 2017 - 11:05 GMT

Oman Stock Market Declines, Led by Falling Investment Sentiment

The company, owned by the powerful family of Lebanese Prime Minister Saad al-Hariri, closes after 39 years in operation. (AFP)
August 1st, 2017 - 10:52 GMT

End of a Dynasty: Saudi Oger Officially Shuts Down After 39 Years in Saudi Arabia

The project aims to develop “exceptional resorts” on more than 50 natural islands in the Red Sea. (File photo)
August 1st, 2017 - 08:52 GMT

Saudi Arabia Unveils Plans for Maldives-Inspired, Massive Red Sea Tourism Project

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