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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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The best performing sub-sector in Dubai in the past quarter was wholesale and retail, followed by travel and tourism and construction. (AFP/Karim Sahib)
April 11th, 2017 - 09:22 GMT

Dubai's private sector achieves strongest quarter in two years

Turkey wants to reduce its energy import dependence and focus more on local energy resources. (File photo)
April 11th, 2017 - 08:35 GMT

Turkey reshapes its energy strategy, moves towards local resources

Saudis spend, on average, more than $20 billion annually on foreign tourism, but things are about to change with the kingdom's new entertainment city project. (AFP/Stan Honda)
April 11th, 2017 - 08:11 GMT

Saudis spend $20B on foreign tourism but things are about to change

Emirates’ half-year profits plunged 75 percent last year, leading to a 21 percent plunge in the carrier's brand value.
 (AFP/Ishara Kodikara)
April 11th, 2017 - 07:40 GMT

Dubai’s Emirates no longer Middle East’s most valuable brand: Report

Qatar, which had planned for 12 stadiums in its original bid, is now proposing eight, the minimum required by FIFA. (AFP/File)
April 11th, 2017 - 07:18 GMT

Qatar slashes budget for 2022 FIFA World Cup by almost 50 percent

The retail giant, which acquired UAE e-commerce website Souq.com for an undisclosed sum in March, does not currently have a permanent base in the country. (File photo)
April 10th, 2017 - 12:23 GMT

Souq's new owner Amazon on the hunt for offices, logistics hub in Dubai

Saudi Arabia has announced that no income tax will be imposed on Saudi citizens under the economic reforms being introduced in the oil-rich kingdom. (AFP/Fayez Nureldine)
April 10th, 2017 - 12:04 GMT

Saudi Arabia announces tax-free income for Saudi citizens

Oman Oil Company headquarter building in Muscat, Oman. (Shutterstock)
April 10th, 2017 - 11:46 GMT

Oman mulls short-term job contracts for Omanis, expats

Sony is planning new product launches and a new business strategy that will help it gain market share in the company’s focus categories, namely TV, digital imaging and audio products. (Pexels)
April 10th, 2017 - 10:56 GMT

Sony eyes 20 percent Middle East growth in 2017

Palestinians work at the office of Red Crow, a startup that monitors security developments and sends real-time alerts to clients. (AFP/Abbas Momani)
April 10th, 2017 - 10:12 GMT

Middle East’s startups raise over $1.4B funds: Report

UAE-based DP World wants to increase the capacity of Sokhna port in Egypt. (AFP/File)
April 10th, 2017 - 09:37 GMT

Dubai's DP World has big plans for Egyptian port

'I will eat you alive,' Philippine President Rodrigo Duterte told terrorists during an address to the Filipino community in Laos in September 2016. (AFP/Ye Aung)
April 10th, 2017 - 08:22 GMT

Philippines' Duterte on GCC tour to discuss investment, workers' rights

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