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Qatar Petroleum CEO Saad Al-Kaabi
March 6th, 2026 - 01:32 GMT
Osama Ali

Osama Ali

Qatar's energy minister warns world economy may face collapse within weeks

ALBAWABA - Saad Al-Kaabi, Qatar's Energy Minister, said that the current conflict in the Middle East could mess up energy markets around the world and could force Gulf producers to stop exporting energy within weeks. Al-Kaabi told the Financial Times that the situation in the region was getting worse, which could make oil prices go as high as $150 per barrel if energy supply and shipping routes are still in ...
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Airlines are likely to increase prices to offset the decline in corporate bookings. (Oman Air)
April 19th, 2016 - 09:00 GMT

Austerity weighs on corporate air travel in Oman

Melinda and Bill Gates at the World Economic Forum. (WEF)
April 19th, 2016 - 08:00 GMT

Qatar Development Fund donates $50M to Bill Gates' sharia fund

Monsoon and Accessorize were founded in London and together have more than 1,000 stores in 70 countries around the world. (Wikipedia)
April 19th, 2016 - 07:00 GMT

Majid Al Futtaim signs joint venture with Monsoon and Accessorize for Gulf expansion

The investment will capitalise on Dubai’s growing logistics market and will offer premium warehousing facilities to tenants. (Twitter)
April 19th, 2016 - 06:00 GMT

Bahrain's Arcapita acquires Dubai logistics park for $100M

Contingency plans have been put into place to operate oil installations during the strike. (AFP/Yasser Al-Zayyat)
April 19th, 2016 - 05:00 GMT

Kuwait to take legal action against striking oil workers

Morgan Stanley said that the failed deal "underscores the poor state of OPEC relations." (AFP/File)
April 19th, 2016 - 04:20 GMT

Collapsed Doha oil talks: After Iran's snub, what happens now?

At last year's Paris Air Show, Saudia ordered 50 passenger planes from Airbus worth some $8B. (Argaam)
April 18th, 2016 - 12:04 GMT

Saudi Arabian Airlines launches budget carrier

Egyptian President Abdel Fattah al-Sisi (R) and his French counterpart Francois Hollande hold a press conference at the al-Qubaa palace in Cairo on April 17, 2016. (AFP/Khaled Desouki)
April 18th, 2016 - 11:00 GMT

Egypt, France sign $2.4B in deals as Cairo protests continue

The first Air France airliner arrives at the Imam Khomeini International airport in the Iranian capital Tehran on April 17, 2016. (AFP/Atta Kenare)
April 18th, 2016 - 10:00 GMT

First Air France flight in eight years lands in Tehran

The Line 6 project will boost its production by 540,000 tonnes per annum (tpa), bringing its total production capacity to 1.5 million tpa. (Image courtesy of Trade Arabia)
April 18th, 2016 - 08:00 GMT

Bechtel wins $3.5B contract for Aluminium Bahrain expansion

Daesh has introduced new taxes including tolls for truck drivers, fees for anyone installing new or repairing broken satellite dishes, and 'exit fees' for anyone trying to leave a city.  (AFP/File)
April 18th, 2016 - 07:00 GMT

Daesh income drops by 30 percent: IHS report

Failure to clinch the freeze deal can weaken prospects for recovery of oil prices that have fallen by up to 70 per cent since their peak in mid-2014. (File photo)
April 18th, 2016 - 04:05 GMT

Doomed from the start? Oil production talks in Doha fail to strike deal

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