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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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Egypt had been holding talks with Disney since March to lift the ban. (Pixabay)
July 4th, 2017 - 12:19 GMT

Disney Lifts Ban on Merchandise Produced in Egypt: Minister

An elderly refugee from northern Mali stands under the shade of a tree at the Mangaize refugee camp on June 2, 2012. (Issouf Sanogo/ AFP)
July 4th, 2017 - 12:11 GMT

Saudi Arabia's IDB Approves $1 Billion for Development Projects in Asia, Africa

Share prices scroll across a screen hanging in a Paris stock exchange. (Eric Piermont/ AFP)
July 4th, 2017 - 12:00 GMT

European Stocks Tumble on North Korea's Missile Test Announcement

The hike in fuel prices is sparking fears of a further increase to inflation and the cost of food in Egypt. (AFP/ File)
July 4th, 2017 - 11:56 GMT

Egypt: Sudden Hike in Fuel Prices Sparks Fears of Inflation, Increased Food Costs

North Korea claims to have conducted its first successful test of a long-range missile that it says can "reach anywhere in the world." (AFP)
July 4th, 2017 - 11:38 GMT

Gold Prices Bounce Back After North Korea Announces Missile Test

It's 'business as usual' in Qatar, according to Saad Sharida Al-Kaabi, CEO of Qatar Petroleum. (AFP/ File)
July 4th, 2017 - 11:09 GMT

Qatar to Boost Gas Production by 30 Percent, Defying Gulf Blockade

A fall in oil exports from OPEC countries will lead to a rise in prices. (File photo)
July 4th, 2017 - 11:01 GMT

Oil Prices to Rebound in July as OPEC Exports Fall: Analysts

The wind farm is a partnership between the international energy company Statoil and Masdar. (File photo)
July 4th, 2017 - 10:40 GMT

Masdar Announces World's First Floating Offshore Wind Farm in Scotland

Job creation has stagnated in the UAE’s non-oil private sector, according to a report by Emirates NBD. (File photo)
July 4th, 2017 - 08:14 GMT

How's the UAE Job Market Doing? Not so Well, According to This Report

Total Chief Executive Officer Patrick Pouyanne (L) shakes hands with Iranian President Hassan Rouhani during a meeting in Paris on January 28, 2016. (Eric Fefferberg/ AFP)
July 3rd, 2017 - 02:35 GMT

Iran Signs $4.8 Billion Gas Deal With Total, Its Biggest Ever

UAE and Saudi Arabia have the highest percentage of regular savers in the Gulf region. (File photo)
July 3rd, 2017 - 01:02 GMT

UAE, Saudi Arabia Top-Saving Countries in GCC: Report

Egypt's decision to hike fuel prices will reflect on the cost of carrying out construction projects. (File photo)
July 3rd, 2017 - 12:41 GMT

Egypt: New Fuel Prices Push Construction Costs by up to 15 Percent

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