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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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Previous CEO Alaa Batayneh (R) during a signing ceremony with Jordan Ahli Bank on August 7, 2016. (Courtesy of Eagle Hills)
June 29th, 2017 - 09:11 GMT

Douglas Small Succeeds Alaa Batayneh as CEO of Eagle Hills Jordan

Divisions over proposed taxes to finance public sector's salary hikes in Lebanon might delay or even scuttle the motion. (AFP/ File)
June 29th, 2017 - 07:09 GMT

Lebanon: Divisions Over Taxes Delaying Salary Hikes for Public Sector

Qatar’s currency is under pressure. (Reuters)
June 29th, 2017 - 06:35 GMT

Global Banks, Exchanges Refusing Qatari Riyals Amid Crisis

The workers from Bangladesh, India, Pakistan and Nepal have been left without accommodation and money. (AFP/ File)
June 29th, 2017 - 12:17 GMT

Saudi Arabia: Migrant Workers Stranded as Qatari Bosses Are Forced to Leave

More than 230,000 residents have been displaced and at least 390 people, mostly militants, have been killed in Marawi since May 23, 2017. (AFP)
June 29th, 2017 - 12:01 GMT

Philippines Receives $7.3 Million in Arms From China for Fight in Marawi

Many cybersecurity companies saw their stocks rally in the wake of the “Petya” ransomware attack. (File photo)
June 29th, 2017 - 11:47 GMT

Massive Ransomware Attack Boosts Cybersecurity Stocks

Protesters wave Tunisian flags during a demonstration against terrorism in Paris on June 27, 2015, a day after a deadly attack on a Tunisian beach resort. (Loic Venance/ AFP)
June 29th, 2017 - 11:09 GMT

Tunisia 'Unable to Repay External Debt': Central Bank

According to government officials, the rule was implemented to stop expatriates switching jobs and joining competing firms.
June 29th, 2017 - 10:44 GMT

Work Ban in Oman: 60 Percent of Poll Respondents Say Yes to NOC

All Géant stores across the Middle East will be rebranded under the Carrefour name. (AFP)
June 29th, 2017 - 10:13 GMT

Majid Al Futtaim Expands Carrefour in Middle East With Géant Acquisition

The new cyber attack is very similar to the ransomware that infected more than 300,000 computers last month. (File photo)
June 28th, 2017 - 12:54 GMT

New Ransomware Attack Hits Companies, Economic Institutions Across the World

Skype has been blocked (again) by both internet service providers in the UAE. (File photo)
June 28th, 2017 - 12:38 GMT

UAE Blocks Skype Voice and Video Calls, Again

Hamad International Airport may lose about 27,000 passengers on a daily basis in July if the Gulf rift persists, according to analysts. (Karim Jaafar/ AFP)
June 28th, 2017 - 11:55 GMT

Qatar Hotel Occupancy Falls 57 Percent on First Day of Eid Al-Fitr

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