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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 10th, 2014 - 03:55 GMT

The benevolent destroyer: US to advice Iraq on rebuilding oil industry

Al Bawaba
February 10th, 2014 - 12:41 GMT

Iran to introduce 'new generation' of oil contracts

Al Bawaba
February 10th, 2014 - 12:23 GMT

A blessing in disguise? Jordan's ballooning fuel prices increase hybrid cars by sixfold!

Saudi Arabian Airlines signed an agreement with Boeing that will allow the two aviation companies to collaborate on defense and commercial air initiatives in the future (File Archive)
February 9th, 2014 - 01:00 GMT

No missed connection here: Saudia-Boeing sign partnership deal for defense, commercial aviation

Al Bawaba
February 9th, 2014 - 01:00 GMT

Money to be made on Saudi mortgages? How KSA's new law is planned to boost markets

UAE companies’ foray into international markets is in fact following international trends
February 9th, 2014 - 10:55 GMT

UAE companies looking to expand internationally

Saudi Arabia has invested more than $8 billion in Turkey's economy (File Archive)
February 9th, 2014 - 10:22 GMT

Despite Turkey's spiralling economy, KSA is still investing "big" in Ankara--$8 billion "big"!

2014 to be expected another positive year for real estate sector in the UAE, Dubai in particular
February 9th, 2014 - 09:41 GMT

Apparently it's not just about luxury residences, but office space demand in Dubai is also booming!

Bahrain and Jordan are the only two countries that have fully liberalised their telecom sectors according to World Bank standards (File Archive)
February 9th, 2014 - 09:40 GMT

Guess who! Only two MENA countries have answered the call to liberalise their telecom sectors

It said that last year, GDP in Palestine grew by 1.5 percent.
February 9th, 2014 - 03:55 GMT

Emotional blackmail? IMF says peace talks are crucial for Palestine's economy

This marks the first rise in foreign reserves since last August.
February 9th, 2014 - 03:55 GMT

Who needs Qatar now? Egypt's reserves up for first time in six months

China's military expenditure had increased by some 40 percent since 2010, raising it to an estimated $112 billion.
February 6th, 2014 - 06:39 GMT

Is a Middle Eastern arms race in the cards? Saudi Arabia surpasses the UK as world's fourth biggest military spender

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