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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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Consumer prices in Turkey rose 11.3 percent in March from the same period in 2016, the highest annual rate recorded since October 2008. (File photo)
April 6th, 2017 - 01:34 GMT

Turkey's inflation rate still stuck in double-digit territory

March witnessed a downward trend in price indexes of the food groups except meat, according to UN's Food and Agriculture Organization (FAO). (File photo)
April 6th, 2017 - 12:26 GMT

Global food prices drop in March amid large supplies: UN

Support for the construction of peaceful nuclear energy plants in the UAE has risen significantly since 2013. (File photo)
April 6th, 2017 - 12:10 GMT

92 percent in UAE back nuclear energy program: Poll

Theresa May, pictured left with Saudi Arabia's King Salman, during her two-day trip to Riyadh on April 4 2017. (AFP)
April 6th, 2017 - 11:23 GMT

Theresa May is trying to get Saudi Aramco's IPO to list in London instead of New York

Real estate and financial services represent 75 percent of global investment flows into the UAE alone. (Pixabay)
April 6th, 2017 - 10:56 GMT

Services get the biggest share of global investment flows: WTO

President and CEO of Qatar Petroleum Saad Sherida Al Kaabi (left) with ExxonMobil and Cypriot officials at the signing ceremony. (The Peninsula)
April 6th, 2017 - 10:27 GMT

Qatar Petroleum, ExxonMobil sign Cyprus gas deal

There will be six weekly flights in both directions on-board Airbus A320 aircraft with a capacity of 132 seats.
 (AFP/ Lukas Schulze)
April 6th, 2017 - 10:14 GMT

Saudia flies its first direct flight to Sudan’s main seaport

Sharjah's tourism and travel sector is expected to grow to more than $1.3 billion by 2019. (File photo)
April 6th, 2017 - 04:00 GMT

Sharjah's FDI to exceed $272M in 2017

Rifaat Assad is the exiled uncle of Bashar Assad. He was vice president of Syria when the country was ruled by Bashar’s father Hafez. (File photo)
April 5th, 2017 - 10:03 GMT

Assad's uncle properties seized by Spanish police in money laundering investigation

Jordan's Prime Minister Hani Mulki said that Jordan is working on diversifying its energy resources, notably in fields of renewable energy, oil shale and nuclear energy. (AFP/File)
April 5th, 2017 - 08:50 GMT

Jordan shifts to renewables, slashes energy bill by $3.5B: Minister

The weak exchange rate relative to the US dollar continues to be the key reason for higher raw material prices. (File photo)
April 5th, 2017 - 12:36 GMT

Weak economy, currency send Egypt non-oil sector into free fall

The UAE-headquartered hospitality company will develop premises across the UAE, Saudi Arabia, Qatar, and Egypt. (Time Hotels)
April 5th, 2017 - 11:55 GMT

UAE's Time Hotels to open 10 new properties by end of 2018

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