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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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India imports around 75 per cent of its crude oil
March 2nd, 2014 - 09:55 GMT

Oman, Iran, and India caught in a love triangle over pipelines

A two-bedroom apartment in central Abu Dhabi now costs an average of Dh70,000 per annum
March 2nd, 2014 - 08:31 GMT

Rent prices in prime Abu Dhabi areas up 17% in 2013

The North African country’s economy relies heavily on European tourism and is still recovering from the aftermath of its political upheaval three years ago.
March 2nd, 2014 - 03:55 GMT

New constitution, new loan: Tunisia receives $1.2 billion loan from World Bank

 A surge in US oil and natural gas production has lifted hopes about North American energy security, but that growth will plateau and will be difficult to replicate elsewhere.
March 2nd, 2014 - 02:27 GMT

Don't even bother Saudi Arabia? IEA says US shale boom "difficult to emmulate"

Israel is the third country that will benefit from this kind of cooperation, but Israel's agreement will include unique items for planned cooperation with California.
February 28th, 2014 - 01:18 GMT

In attempt to boost his country's ties with Silicon Valley, Netanyahu to meet Apple Execs, Whatsapp founder

The government aims to export green power to Europe via Spain in coming years.
February 28th, 2014 - 01:06 GMT

Morocco opens final tender on $1.7 billion wind farm

On Monday, both Arabtec and Kharafi declined to comment.
February 27th, 2014 - 03:45 GMT

Arabtec denies shattering news that it will acquire Kuwait's Kharafi National

“Net income turned into a JD39.9 million loss on December 31, 2013,” the company’s disclosure showed.
February 27th, 2014 - 03:39 GMT

High rankings, not-so-high profits: Royal Jordanian cancels three flight destinations

Al Bawaba
February 27th, 2014 - 02:00 GMT

Dubai boat show to set sail March 4 with 750 companies on board

Al Bawaba
February 27th, 2014 - 01:00 GMT

Dubai Airport flies high again: Freezone Authority revenues up 42 percent

Egypt's public business sector will now be handled by the ministry of foreign trade and industry rather than the investment ministry (File Archive/AFP)
February 27th, 2014 - 10:00 GMT

What Egypt’s government reshuffle means for business

The UAE Energy Minister, Suhail bin Mohammed Faraj Faris Al Mazrouei, and Japan’s Minister of Economy, Trade and Industry, Toshimitsu Motegi, signed a MoU on the peaceful use of nuclear energy in the UAE
February 27th, 2014 - 08:45 GMT

Japan, UAE further cement ties with memorandum on nuclear energy

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