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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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The decision is part of an escalating dispute between Iran and Saudi Arabia. (Al Bawaba/File)
January 7th, 2016 - 04:24 GMT

Amid intensifying feud, Iran bans all Saudi imports

Al Bawaba
January 7th, 2016 - 01:51 GMT

Al Habtoor City Cairo mega-development to cover 800,000 square meters

Al Bawaba
January 7th, 2016 - 01:21 GMT

New support facilities planned for Mecca prisons

Al Bawaba
January 7th, 2016 - 11:58 GMT

Etihad investigating 2013 security breach involving data from 7000 customers

Al Bawaba
January 7th, 2016 - 10:34 GMT

WestPoint Home to expand Bahrain manufacturing unit with $9M

Al Bawaba
January 7th, 2016 - 10:00 GMT

Africa 24 satellite news channel to launch with Arabic and English content

Prices have dropped due to excess supply of crude steel from China, according to industry expert Ghada Alaa. (Al Bawaba/File)
January 7th, 2016 - 09:00 GMT

With lower production costs, Egyptian steel producers reduce prices

Al Bawaba
January 7th, 2016 - 07:45 GMT

Tobacco smuggling drops in Lebanon following Regie Company crackdown

Al Bawaba
January 7th, 2016 - 07:18 GMT

Bahrain lawmakers push for Iran trade embargo

Al Bawaba
January 7th, 2016 - 06:36 GMT

Get your flicks fix: Netflix launches in MENA at last

Al Bawaba
January 6th, 2016 - 10:28 GMT

Sukuk issuance expected to decline in 2016: S&P

Al Bawaba
January 6th, 2016 - 09:27 GMT

How low can oil go? Oil prices slump to 11 year low

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