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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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India has signed several big-ticket defense deals since Modi’s Bharatiya Janata Party stormed to power in 2014. (AFP/File)
April 11th, 2017 - 03:25 GMT

Israel signs $2B arms deal with India, its biggest ever

Foreigners working in Saudi Arabia sent home SR10.77 billion ($2.87 billion) in February 2017, 15 percent less than the same time last year. (AFP/Khaled Desouki)
April 11th, 2017 - 02:32 GMT

Saudi expat remittances drop amid slow economy, weak SME sector

Terrorist bombings negatively affected trading in the Egyptian Stock Exchange. (AFP/Khaled Desouki)
April 11th, 2017 - 02:04 GMT

Egypt’s stock market tumbles following church bombings

Toshiba has reported a loss of $4.8 billion and faces the possibility of a delisting from the Tokyo Stock Exchange. (AFP)
April 11th, 2017 - 12:33 GMT

Toshiba risks delisting, going out of business

The complex, which is located 45km east of Jijel, is worth over $2 billion and will help to achieve Algeria's self-sufficiency in iron and steel products. (Pixabay)
April 11th, 2017 - 10:50 GMT

Algeria, Qatar team up to launch massive steel complex

Libya's Sharara oilfield, which had only just returned to production, was shut on Sunday after a group blocked a pipeline linking it to an oil terminal. (AFP/File)
April 11th, 2017 - 10:30 GMT

Oil prices up after Libya’s biggest field shuts down

A total of 288 labor protests were organised in Jordan in 2016, up from 236 protests in the previous year, which could suggest a decline in the socio-economic situation in Jordan. (AFP/Khalil Mazraawi)
April 11th, 2017 - 10:14 GMT

Jordan sees 22 percent rise in labor protests in 2016: Report

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

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