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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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The statistics showed that more than 2 million tourists visited South Sinai and the Red Sea during the first quarter of 2013.
February 6th, 2014 - 04:57 GMT

Inshallah! Egypt's tourism industry regaining momentum

The action plan includes projections for growing demand on electricity
February 6th, 2014 - 01:55 GMT

UAE to draft new energy policy

Jordan’s oil imports from Iraq represent around 10 per cent of the Kingdom’s daily needs
February 6th, 2014 - 12:55 GMT

More trouble for the energy-drained Kingdom: Iraqi oil exports to Jordan halted

Al Bawaba
February 6th, 2014 - 12:00 GMT

Saudi dropping one big dime to build new industrial city in Kingdom

Several global automakers have reportedly been considering proposals to set up plants to manufacture cars in the kingdom
February 6th, 2014 - 10:03 GMT

Going to the source: China studying plan to build cars in Saudi Arabia

Tourism, one of Lebanon's biggest industries, has plummeted over the past three years (File Archive)
February 6th, 2014 - 08:36 GMT

One frightful forecast for Lebanon's economy, according to January data

Etihad will now fly to seven global regions with the addition of Africa Sub-Sahara and Indian Ocean (File Archive)
February 6th, 2014 - 08:18 GMT

Hey Africa! UAE's Etihad Airways to open new sales region in Sahara continent

The scheme, launched this week, is open to all ADIB customers and comes at no extra charge.
February 6th, 2014 - 03:55 GMT

Yes, this is real! Abu Dhabi bank to offer free job loss cover

The Gulf Arab state is spending billions of dollars in areas such as transport, electricity and water generation and housing,
February 6th, 2014 - 03:55 GMT

Qatar reveals $205 billion worth of infrastructure projects it has under its sleeve

On narrow-body planes, both the Airbus A320neo and the Boeing 737 MAX are being considered, he said.
February 6th, 2014 - 03:55 GMT

With more privatization to come, Saudi Arabian airlines announces two IPO's

The businessmen claimed that thousands of small and medium-sized enterprises (SMEs) have still not recovered from the financial downturn caused by the unrest in 2011,
February 5th, 2014 - 06:41 GMT

Major Bahraini businessmen express anger over expat levy

The firm said its “business would run as usual” and directors “do not expect any financial implications on the company due to this development”.
February 5th, 2014 - 06:08 GMT

Scandal alert! Oman National Gas CEO arrested over corruption, bribery

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