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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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Farzaneh Sharafbafi, the new CEO of Iran Air. (Twitter)
July 12th, 2017 - 01:52 GMT

Meet Farzaneh Sharafbafi, Iran Air's First Female CEO

A protester throws a bottle at riot police in Hamburg last week. (Ronny Hartmann/ AFP)
July 12th, 2017 - 11:30 GMT

G20 Aftermath: Hamburg Shop Owners Ask for $20 Million in Riot Damages

HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

The company has been accused of being too closely connected to Russian intelligence agencies responsible for cyber attacks on the US. (Kirill Kudryavtsev / AFP)
July 12th, 2017 - 10:36 GMT

US Government Bans Kaspersky Products Over Cyberspying Accusations

Qatar's support for Gaza and groups like the Hamas is at the centre of the diplomatic crisis. (AFP/ File)
July 12th, 2017 - 10:05 GMT

Qatar to Build New Housing Units in Gaza, Despite Gulf Crisis

Domestic workers can now transfer from their current employer if their salary is delayed for 3 months or more. (File photo)
July 12th, 2017 - 09:52 GMT

Saudi Arabia Approves 13 Cases Where Domestic Workers Can Transfer Sponsorship

The Dubai Food Park will occupy around 48 million square feet and play a vital role in supporting food security in the UAE. (WAM)
July 12th, 2017 - 09:15 GMT

Dubai Launches $1.5 Billion Food Park in Wholesale City

The listing is still under consideration. (Photo courtesy of ADNOC)
July 12th, 2017 - 08:16 GMT

ADNOC Plans IPO of Retail Unit at $14 Billion Value: Sources

A picture taken on October 29, 2014 shows a model of a train at the Riyadh Metro company’s operation building in Riyadh. (Fayez Nureldine/ AFP)
July 12th, 2017 - 07:54 GMT

Saudi Arabia Calls for Privatization in Railway, Sewage Sectors

The contractor did not say how many jobs would be lost following its withdrawal from three major Middle East construction markets. (File photo)
July 11th, 2017 - 11:16 GMT

UK Contractor Pulls out of Middle East on Construction Slowdown, Weak Oil Prices

An Aramco oil facility in Saudi Arabia. (Hassan Ammar/ AFP)
July 11th, 2017 - 10:30 GMT

Saudi Aramco to Spend $300 Billion as CEO Frets About Oil Supplies: Bloomberg

The pods can serve in a surveillance role to provide exact locations of targets. (File photo)
July 11th, 2017 - 09:56 GMT

Bahrain Buys $22.5 Million Worth of F-16 Sniper Pods From Lockheed Martin

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