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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 total global wealth in 2016 edged upwards by $3.5 trillion to a total of $256 trillion. (File photo)
November 23rd, 2016 - 12:30 GMT

Puttin on the ritz: UAE and Qatar enjoy highest average levels of wealth in MENA

Saudi Arabia ranks number 11 in the production of Portland cement.
November 23rd, 2016 - 11:30 GMT

Saudi Arabia's two new mining cities ready for investment

Oman's Ministry of Finance has issued 20 circulars so far this year aimed at controlling and managing spending.
November 23rd, 2016 - 10:33 GMT

Oman's latest tax targets the wealthy

The talks between Alfano and Saudi officials also touched on several other subjects such as the refugee crisis and the Islamic community in Italy.  (AFP/FIle)
November 23rd, 2016 - 09:47 GMT

Italy to provide Saudi Arabia's police with counter-terrorism, security training

The tastes of GCC residents are evolving as they become more familiar with French products, particularly as more Middle East residents decide to vacation in European countries such as France. (AFP/File)
November 23rd, 2016 - 08:30 GMT

Cheese please: MENA's cheese imports bypass those to China and North America combined

The contract is the first for Siemens within the project. (Siemens)
November 23rd, 2016 - 07:30 GMT

Siemens secures $12.4M contract to power Qatar's Hamad Port megaproject

The Cairo Governor announced the newly adjusted initial taxi fare rate of EGP 4 to be effective as of Tuesday. (File photo)
November 23rd, 2016 - 06:30 GMT

Cairo's cabbies triumphant as government raises fares to match fuel price hike

The strategy will essentially focus on financially-alienated categories that include adults with low income rates, micro-, small- and medium-sized projects, women, young people, non-Jordanians and refugees. (File photo)
November 23rd, 2016 - 05:39 GMT

Jordan's national strategy for financial inclusion to target SMEs, women

Failaka Island, Kuwait. (Panoramio)
November 22nd, 2016 - 01:30 GMT

Kuwait pines for the island life with $132B development plan

Jordan opened the door to the recruitment of domestic helpers from Ghana, among other countries, in 2015 to meet the rising demand. (Shutterstock)
November 22nd, 2016 - 12:30 GMT

Jordan halts recruitment of Ghanian maids after slew of HIV-positive diagnoses

Egypt's banks had attracted about $1.4 billion in the first six days in which lenders began operating under the newly liberalised exchange rate. (File photo)
November 22nd, 2016 - 11:30 GMT

Egypt amasses $3B following currency flotation

The self-made billionaire and chairman of Al Habtoor Group ranks 335 on Forbes World's Richest People list. (Habtoor)
November 22nd, 2016 - 10:30 GMT

Khalaf Al Habtoor calls for pan-GCC economic bloc, common currency independent of dollar

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