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Shipping & Logistics
April 24th, 2026 - 01:19 GMT
Osama Ali

Osama Ali

Giant oil tankers power economies while carrying Billion-Dollar spill risks

ALBAWABA - Massive oil tankers continue to be an essential part of the world's energy supply chain, carrying millions of barrels of crude oil across oceans and guaranteeing the survival of economies and businesses all over the world. But despite their strategic significance, these ships also pose serious operational and environmental dangers, especially in the case of mishaps or deliberate interruptions. In order to reduce the possibility and damage of ...
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The study reveals that geopolitical events also intensified the migration of new wealth to the region.
February 17th, 2015 - 11:12 GMT

What oil price slump? GCC's private wealth doubles to $2.2 trillion

Al Bawaba
February 17th, 2015 - 04:55 GMT

Unabated: Gulf countries completed $67.6 billion worth of construction projects in 2014

In return, Baghdad would reinstate budget payments to the Kurds, which it had cut early in 2014 as punishment for the region's moves to export oil independently.
February 17th, 2015 - 04:55 GMT

Nothing's permanent, yet: Iraq, Kurdistan final oil deal delayed

Al Bawaba
February 16th, 2015 - 06:40 GMT

Taking their time: GCC countries still in discussions on VAT

The price the Dewa managed to get for phase two of the Mohammed bin Rashid Al Maktoum Solar Park has set a new world record in photovoltaic power projects.
February 16th, 2015 - 06:27 GMT

UAE stocks jump on 'stronger' crude

Around 3,500 investors and financial institutions from 120 countries are expected to participate in the conference.CFH will promote four projects in the fields of transportation, real estate development, tourism, petrochemical and industry during the conference.
February 16th, 2015 - 06:21 GMT

Financing grand aspirations: three major investment banks take on Egypt's development projects ahead of Economic Summit

Al Bawaba
February 16th, 2015 - 08:49 GMT

The glut persists: oil prices dip once again after 'firm start'

Al Bawaba
February 16th, 2015 - 08:36 GMT

The battle for market share intensifies: Iran, Iraq fight for Asian oil buyers with monumental discounts

Al Bawaba
February 16th, 2015 - 04:35 GMT

Shouldn't it invest in itself first? Lebanon 'key' investor in Egypt

The gang, which Kaspersky dubbed Carbanak, takes the unusual approach of stealing directly from banks, rather than posing as customers to withdraw money from companies’ or individuals’ accounts.
February 16th, 2015 - 04:18 GMT

An 'unprecedented' robbery: Cybercrime gang steals $1B from banks

The fields in Abu Dhabi produce 1.6 million barrels per day and are expected to reach 1.8 million bpd from 2017, which would account for 6 percent of Total’s output.
February 15th, 2015 - 05:19 GMT

Total CEO boasts new Abu Dhabi 'blockbuster' concession

Al Bawaba
February 15th, 2015 - 05:03 GMT

A 'unique' excuse? Air Arabia marks 30% profit drop, blames fuel hedging

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