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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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Qatar’s real economic growth is expected to rise to 2.6% this year and further to 3.6% in 2018, even as inflation is expected to harden by 2018 in view of the value added tax (VAT) roll-out. (Shutterstock)
May 10th, 2017 - 08:50 GMT

Qatar's Real GDP Growth to Reach 3.6% in 2018 Despite VAT: Report

The growth was led by an increase in construction, followed by wholesale and retail, and travel and tourism. (Pexels)
May 10th, 2017 - 08:12 GMT

Led by Construction, Dubai’s Private Sector Records Strongest Growth in 26 Months

Win for pro-EU Macron and talk of extending a production deal by OPEC may not be enough to stimulate oil markets. (AFP)
May 9th, 2017 - 09:00 GMT

Macron Win, OPEC Cuts Not Enough to Stimulate Oil Markets: Analysts

The number of Chinese tourists who travel around the world will reach one billion people between 2017 and 2020, according to estimates by Berry Whale, a leading tourism marketing agency. (Pixabay)
May 9th, 2017 - 08:00 GMT

Egypt Launches Campaign to Attract 'One Million Chinese Tourists' By 2020

Tunisian demonstrators block the road with burning tires in the central city of Kasserine during protests, on 21 January, 2016, triggered by the death of an unemployed man. (AFP/ Mohamed Khalil)
May 9th, 2017 - 07:02 GMT

Tunisia Lost $17.8 Billion in Foreign Currency Between 2006-2016: Report

Apart from the clean energy, the mall is to adopt recycling systems and eco-operating systems to be the first environment-friendly mall in Oman. (Facebook)
May 9th, 2017 - 05:00 GMT

Oman's First Eco-Friendly Mall Set to Open in 2018

Speaking at a business forum in Berlin, Germany’s Chancellor said that preparing for the G20 summit was like ‘herding cats’ as officials attempt to reach a consensus among the group. (AFP/ E. Dunand)
May 9th, 2017 - 04:00 GMT

Germany's Angela Merkel Warns Against Protectionism Ahead of G20 Summit

Lebanese MP Samy Gemayel waves to the crowd as his father, former president Amine Gemayel, stands behind him during celebrations by supporters of his party in the mountain resort of Bikfaya on June 8, 2009. (AFP/Joseph Barrak)
May 9th, 2017 - 02:01 GMT

Lebanese MP Calls New Electricity Plan a 'Suspicious Deal'

The move is aimed at increasing the capacity of the facility to 120,000 barrels per day (bpd). (File photo)
May 9th, 2017 - 11:30 GMT

Jordan, Honeywell Sign $1.6-Billion Deal to Expand Zarqa Refinery

Prince Mohammad Bin Abdulaziz International Airport, Madinah. (AFP/File)
May 9th, 2017 - 10:58 GMT

Accept Pay Cut or Leave: New Operator of Madinah Airport Fires 200 Saudi Employees

Saudia has expanded its fleet by adding eleven out of 32 new planes to be received this year, so that the fleet reaches 134 planes. (AFP/ Valery Hache)
May 9th, 2017 - 07:46 GMT

Saudia Sees Record Growth in Passenger Numbers in April

Al-Rajhi family are among the richest families in Saudi Arabia and the Arab world. (Forbes)
May 8th, 2017 - 05:00 GMT

Family of Saleh Al-Rajhi Auction Four of His Properties for $172 Million

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