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Jet Fuel
April 17th, 2026 - 12:17 GMT
Osama Ali

Osama Ali

Airlines adjust as Europe's jet fuel supply shrinks

ALBAWABA - According to the International Energy Agency, Europe may only have a short window of jet fuel supply left since continuous interruptions to international energy channels continue to have an impact on markets. Fatih Birol, the Executive Director of the organization, cautioned that if supply shortages continue, there might be flight problems and that existing stockpiles could endure for several weeks. Reduced oil and gas flows via the Strait ...
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The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

Bloomberg reported a meeting between officials from Iran’s Qeshm Free Trade Zone and Bombardier on a project to set up an airline in the southern Qeshm island. (Omnifeed)
April 26th, 2016 - 06:06 GMT

Canada's Bombardier talks with Iran spark rumors of new airline launch

Increasing subsidy allocations will put stress on the state’s budget. (File photo)
April 26th, 2016 - 05:02 GMT

Egypt to increase subsidies in bid to battle food price hikes

Oil exports were not affected by the strike action.  (AFP/File)
April 26th, 2016 - 04:13 GMT

Kuwait suffered up to $200M in losses due to oil strike

More details of the sweeping changes are expected to be released shortly. (File photo)
April 25th, 2016 - 12:52 GMT

Saudi cabinet passes Vision 2030 plan, as the nation eagerly awaits details

Emirates has said it would now launch flights to Panama at the end of 2016 or in early 2017. (File photo)
April 25th, 2016 - 11:00 GMT

Holding out for a hub: Emirates pines for Panama

A row of tombs from the al-Khuraymat group, in the archaelogical Nabatean site of Mada'in Saleh. (Wikipedia)
April 25th, 2016 - 09:30 GMT

New Saudi initiative allows pilgrims to convert Umrah visas into tourist visas

The second phase of the project includes 300 residential units, 240 villas and five administrative buildings over 53,000 sq m of land.  (Sedra Homes)
April 25th, 2016 - 08:30 GMT

Dubai's Al Futtaim Group invests $279M in Cairo Festival City development

One of Israel's main concerns is that Russian involvement would forestall the development of Leviathan in order to prevent competition with Russian gas. (File photo)
April 25th, 2016 - 07:30 GMT

Russia's Gazprom eyes Leviathan gas investment

The proposed solar project will create jobs of 1,000 people locally.  (File photo)
April 25th, 2016 - 05:30 GMT

Oman: German-funded mega solar project planned in Duqm

The 1.5 million sq ft park will have a two-month headstart over rival Dubai Parks and Resorts. (Raconteur.net)
April 25th, 2016 - 04:43 GMT

Dubai's IMG Worlds of Adventure theme park to open in August ahead of rivals

Friends of the Earth Middle East Director Gidon Bromberg stands at the shore of the Dead Sea. (Waterworld)
April 24th, 2016 - 09:00 GMT

Jordan extends deadline for Red Sea-Dead Sea project bid

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