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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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The real estate market in Dubai is preparing for a new phase of momentum. (File photo)
April 5th, 2017 - 05:00 GMT

Dubai real estate deals hit record high of $21B

Qatar advances rapidly with construction projects across the country ahead of 2022 FIFA World Cup. (File photo)
April 5th, 2017 - 04:00 GMT

Qatar: 2022 World Cup offers $385M in business opportunities

According to the report, Saudi Arabia showed the weakest salary growth across the GCC region. (File photo)
April 5th, 2017 - 03:00 GMT

Revealed: Saudi Arabia's top 10 salaries for 2017

The deals between the two countries, four in total, include a memo to import and export natural and liquefied gas. (File photo)
April 4th, 2017 - 10:00 GMT

Jordan, Egypt sign gas supply deals

Qatar Petroleum's President and CEO Saad Sherida al-Kaabi told the media during a press conference in Doha that work on the project's details will commence in the next few months. (QNA)
April 4th, 2017 - 09:30 GMT

Qatar to launch world’s biggest gas field: QP chief

Egypt's total foreign debt increased to $67.3 billion in the first half of the fiscal year 2016-2017, compared to $47.8 billion in the first half of 2015-2016. (AFP/Khaled Desouki)
April 4th, 2017 - 09:00 GMT

Egypt's external debt up 40.8 percent amid currency flotation

Turkish exports in March have increased 19 percent year-on-year, the highest rise since November 2012. (File photo)
April 4th, 2017 - 08:26 GMT

Turkey's exports surge to $13.6B in March

Dubai is moving towards a rental law that better balances the relationship between landlord and tenant. (Pixabay)
April 4th, 2017 - 09:00 GMT

Landlords and tenants in Dubai could see new rental law

Tunisia's Prime Minister Youssef Chahed delivering a speech during a ministry handover ceremony in Tunis in August 2016. (AFP/File)
April 4th, 2017 - 08:21 GMT

Tunisia gets EU support for SME growth, development

Low prices of soft drinks and junk food have been blamed for rising rates of diabetes and obesity across the GCC region. (File photo)
April 4th, 2017 - 07:26 GMT

New soft drinks tax confirmed by GCC countries: Sources

On April 1, Kuwait closed the Shuaiba refinery, one of the oldest oil facilities in the region. (File photo)
April 4th, 2017 - 06:59 GMT

British firm lands $1.3B oil project in Kuwait

Thousands of people march through the streets of Tunis for an anti-terror demonstration in March 2015. (AFP/Fethi Belaid)
April 3rd, 2017 - 01:30 GMT

Tunisia receives $64M grant from the European Commission

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