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Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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Passengers are re-routing their trips via Oman after Saudi Arabia and UAE suspended their flights to Qatar. (File photo)
June 12th, 2017 - 09:00 GMT

Oman Emerges as Key Transit Hub After Qatar Ban

Egypt's oil debts had reached $4.5 billion dollars at the end of December 2016. (File photo)
June 12th, 2017 - 07:59 GMT

Egypt Reduces Oil Debts By Paying off $2.2 Billion to Oil Companies

An aerial view of the new Al-Jabri Mosque in Hail as per the design of Rome-based firm Schiattarella Associati. (Photos: Design MENA)
June 12th, 2017 - 09:38 GMT

Italian Firm Designs Breathtaking Mosque in Saudi Arabia: Photos

The new model protects the rights of tenants and landlords by having both parties sign a rental agreement via the Saudi "Ijar" network. (AFP)
June 11th, 2017 - 10:35 GMT

Saudi Arabia Releases New Uniform Rental Contract

The headquarters of QatarGas, the largest LNG producer in the world, in Doha. (Shutterstock)
June 11th, 2017 - 08:00 GMT

Qatar Gas Supplies Not Affected by Crisis: Reports

China Construction Bank's market capitalization reached $192.6 billion in 2016, the fifth highest of any bank in the world. (Photo: Reuters)
June 11th, 2017 - 07:00 GMT

China Construction Bank Lists $1.2 Billion Bond on Nasdaq Dubai

The price of a pack of cigarettes in Saudi Arabia will double from June 11. (File photo)
June 11th, 2017 - 06:00 GMT

Saudi Arabia: Price of Cigarettes Up 100 Percent Starting From Sunday

A customer reads the label on a Turkish dairy product at a supermarket in Doha. (The Peninsula)
June 10th, 2017 - 07:00 GMT

Turkey Sends Dairy Product Supplies to Crisis-Hit Qatar

Saudi Arabia issued a ban against watching the Al Jazeera TV channels in restaurants, hotels and other tourist outlets. (AFP)
June 10th, 2017 - 01:58 GMT

Saudi Arabia Bans Al Jazeera TV Channels in Hotels, Restaurants

Gold suffered a weekly loss for the first time in five weeks. (Noah Seelam/ AFP)
June 10th, 2017 - 01:25 GMT

Business Roundup: Top 5 Things That Moved Global Markets This Week

Yahoo employees ring the Opening Bell at NASDAQ MarketSite in New York, on March 2, 2015. (Slaven Vlasic/ AFP)
June 10th, 2017 - 12:43 GMT

Yahoo Approves $4.5 Billion Sale to Verizon

Qatar Airways CEO Akbar al-Baker. (AFP/ File)
June 8th, 2017 - 06:00 GMT

Qatar Airways Faces Tough Times Due to New Restrictions: Analysts

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