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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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Al Bawaba
February 13th, 2014 - 08:46 GMT

Evidence in the numbers: Oman tourism growth in double digits

Al Bawaba
February 13th, 2014 - 08:31 GMT

Does the Gulf need a plan for its plan? Pensions to reach $5 trillion by 2020

Al Bawaba
February 13th, 2014 - 07:55 GMT

Lebanese to rake in billions of liras from....oil?

The Clean Fuels Project is a specification upgrade and expansion of Kuwait’s largest refineries as part of the Gulf state’s economic development plan, which has faced delays partly due to political instability.
February 13th, 2014 - 03:55 GMT

Kuwait ready to splurge $12 billion on upgrading its refiniries

The European Parliament is expected to vote for this agreement in April.
February 13th, 2014 - 03:55 GMT

European Commission approves Schengen visa exemption for Emiratis

By 2020, four nuclear plants will be generating up to a quarter of the nation’s electricity supply.
February 12th, 2014 - 05:33 GMT

All set for 2020, UAE gets approvals on additional nuclear plants

OPEC’s report comes a day after the U.S. government’s Energy Information Administration raised its 2014 world oil demand growth forecast by a similar increment.
February 12th, 2014 - 05:12 GMT

Who will win and who will lose? OPEC raises 2014 oil demand forecast

The suspension of western economic aid to Egypt, which is relatively small compared to the financial assistance that Gulf countries provide, will lead the country to turn to the East, reducing Western influence,
February 12th, 2014 - 05:02 GMT

No catching up to the Gulf! The catch 22 facing Western donors to Egypt

Al Bawaba
February 12th, 2014 - 02:00 GMT

Corruption in Construction? You won't belive how much Saudi Arabia is losing annually on stalled projects

Al Bawaba
February 12th, 2014 - 01:00 GMT

Egypt ends 2013 tourism year on "dismal note"

Al Bawaba
February 12th, 2014 - 10:55 GMT

A futuristic leap? Citizens can now pay for all bills online, says Jordanian Central Bank

The Mina Abdullah I refinery package will be executed by a consortium of Samsung Engineering (43 per cent), UK’s Petrofac(47 per cent) and CB&I Netherland B.V.(10 per cent)
February 12th, 2014 - 08:39 GMT

Consortium to save Kuwait's struggling refineries revealed

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