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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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Despite the huge drop in annual profit, Emirates managed to remain profitable with Dh1.3 billion ($340 million), and a profit margin of 1.5 percent. (AFP/ File)
May 11th, 2017 - 09:33 GMT

Emirates Airline Announces 82 Percent Drop in Annual Profit for 2016-2017

Tunisia’s Prime Minister Youssef Chahed. (AFP)
May 11th, 2017 - 08:27 GMT

Tunisia Closer to First Sukuk Issuance: Nasdaq Dubai

A Libyan security member walks past an oil drill on the Al-Ghani oil field near the city of Waddan on March 23, 2013. (AFP)
May 10th, 2017 - 09:00 GMT

Libya Has Potential to Produce 1 Million Oil Barrels Per Day, But It Can't: Here's Why

Donald Trump golfing. (AFP/ Andy Buchanan)
May 10th, 2017 - 08:00 GMT

Trump 'The Golfer' Will Be Happy: Dubai Launches Website for Golf Tourism

The Emir of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah and Turkish President Recep Tayyip Erdogan lay the foundation stone for construction of the new terminal at Kuwait International Airport in Kuwait City on May 9, 2017. (AFP)
May 10th, 2017 - 07:00 GMT

Erdogan in GCC: Turkey Wants Stronger Economic Ties With Gulf Countries

The World Bank confirmed that the third tranche of its loan to Egypt, worth about one billion dollars, is due in December 2017. (AFP/ Filippo Monteforte)
May 10th, 2017 - 06:00 GMT

Forever Indebted: Egypt Will Take Another $1-Billion Loan from World Bank in December

Under the new agreement, UPS will provide more than 27,000 square meters of warehouse space, equivalent to four soccer fields, and a team of 1,000 employees. (Facebook)
May 10th, 2017 - 05:00 GMT

UPS Becomes Official Logistics Partner of Dubai Expo 2020

Tourists stand inside the Armenian Cathedral in Isfahan on October 15, 2014. The Cathedral, also known as the Church of the Saintly Sisters, was built in 1664. (Shutterstock)
May 10th, 2017 - 04:00 GMT

Tourists Flock to Iran, the 'Jewel of the World'

Tunisia's new e-Visa system is planned for late 2017, or early 2018. (File photo)
May 10th, 2017 - 01:00 GMT

Tunisia e-Visa to Start in Late 2017: Tourism Minister

Last year, a jobless Saudi dentist filmed himself burning his dentistry certificate outside the Civil Service Ministry building in Hafr Al-Batin city because he could not find a job. (Twitter)
May 10th, 2017 - 12:00 GMT

Saudization Update: Saudi Arabia No Longer Recruiting Dentists From Abroad

Only 43 percent of Emiratis are resolutely looking at job opportunities in the public sector, which is a significant change from last year’s survey results that recorded an 80 percent preference of UAE nationals for government jobs. (AFP/ Karim Sahib)
May 10th, 2017 - 11:00 GMT

Surprise, Surprise: 60 Percent of Emiratis Prefer to Work in Private Sector

Lebanese Economy Minister Raed Khoury (third from left) called upon Lebanese expatriates to grab the opportunity of investing in Lebanon at a session held within the framework of the fourth annual “Lebanese Diaspora Energy Conference” at BIEL. (Twitter)
May 10th, 2017 - 09:30 GMT

Lebanon's Economy Minister Urges Lebanese Expats to Invest in Their Country

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