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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
January 26th, 2014 - 10:18 GMT

Jordan's new state of the art airport already paying off

Al Bawaba
January 26th, 2014 - 09:28 GMT

2013 brought good news to Oman's property sector

The fall in the lira seemed to worry investors, who pushed the main stock index Borsa İstanbul (BIST) down 1.8 percent.
January 26th, 2014 - 03:55 GMT

And it's getting worse: Turkish lira hits new low

Al Bawaba
January 26th, 2014 - 03:55 GMT

Jordan's Arab Bank celebrates 43% net profit hike

“UAE intellectuals, experts and leaders will be involved in preparing papers and research material that reflect our country’s vision on many global issues," said AlGergawi.
January 24th, 2014 - 08:58 GMT

UAE strikes strategic deal with World Economic Forum

The Dubai Financial Market index, the best performer among 90 benchmarks tracked globally, jumped 3.57 per cent, or 131.7 points.
January 24th, 2014 - 08:49 GMT

What crisis? Dubai markets at new hit five year high!

That growth would be driven by overseas demand — Toyota expects volume at home to slip 5 per cent this year as consumer demand takes a hit from an April sales tax hike.
January 24th, 2014 - 07:52 GMT

Safety recalls? Who cares! Toyota reigns as world's top vehicle seller

Lebanese authorities say that Syrian refugees have been a huge economic burden in their country (File Archive/AFP)
January 23rd, 2014 - 11:07 GMT

To relieve economic burden of refugee crisis, U.N. is buying Lebanese

The ambassador and the prince also discussed a number of topics related to economic bilateral ties between Saudi Arabia and Portugal.
January 23rd, 2014 - 03:55 GMT

Always outside the box: Al-Waleed bin Talal considers investing in Portugal

International business leaders gathered in Davos for the 44th World Economic Forum Annual Meeting urged governments on Wednesday to make policy changes needed to stimulate the job market and restore trust between businesses and civil society.
January 23rd, 2014 - 03:55 GMT

Business leaders in Davos' World Economic Forum think long-term

While not neglecting subsidizing other goods, the official said that prioritizing energy products over other goods is due to a new direction followed by the government.
January 22nd, 2014 - 10:04 GMT

Beblawi presents Egypt's economic woes to the world in Davos

Cheap energy in the region has also attracted energy-intensive industries such as aluminum smelters.
January 22nd, 2014 - 09:56 GMT

The UAE is consuming too much energy

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