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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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Baghdad is seeking to dramatically ramp up exports to fund desperately needed reconstruction of Iraq’s conflict-battered infrastructure and economy.
January 22nd, 2014 - 09:42 GMT

Iraqi exports, revenues took a nosedive in 2013

The UAE’s largest builder surged 3.57 per cent and close the day at Dh3.48 after touching Dh3.49, the highest intraday level since October 2008
January 22nd, 2014 - 09:36 GMT

Arabtec to build entertainment megaproject in Jordan's Aqaba, and they're both winning big

Growth in the Middle East and North Africa, along with Afghanistan and Pakistan, is expected to stand at 3.3 percent this year, lower than the 3.6 percent
January 22nd, 2014 - 01:55 GMT

The IMF is not too optimistic about the MENA's 2014 prospects

Qatar will host the 2022 World Cup and the UK has offered to train and offer expertise to Qatari planners for the world class event (Courtesy of Wikimedia)
January 22nd, 2014 - 12:00 GMT

Qatar scores! UK to help Doha with 2022 World Cup planning

The trams will operate between two kilometres from Al Sufouh Depot near the Police Academy and the Knowledge Village
January 22nd, 2014 - 11:55 GMT

Here comes the tram! Dubai to operate first tramway line ever on Sunday

Saudi Arabia is poised to become the first manufacturing country in the region
January 22nd, 2014 - 10:13 GMT

Saudi Arabia has a golden opportunity to become the region's leading manufacturer

Dubai, Qatar, Kuwait and Saudi Arabia are on the list of areas A&K is looking to expand to, he said.
January 22nd, 2014 - 03:55 GMT

UK luxury travel company opens its first boutique in the Middle East

The dangers of the growing lack of clear global political leadership at time when global governance is drifting will be a major theme at this year’s Annual Meeting of the World Economic Forum in Davos.
January 22nd, 2014 - 12:07 GMT

Davos' World Economic Forum gathering to focus on global governance

All in all, Iran’s trade balance with 96 countries was positive in the first eight months of 2013, according to data released by the Iranian Customs Administration Office.
January 22nd, 2014 - 12:02 GMT

Talk about a trade relationship! Iran-China trade ties surpass $30 billion

Denmark is increasingly recognized as the world leader in sustainability, generating nearly 100 percent of its energy from renewable sources (Courtesy of the BBC)
January 21st, 2014 - 01:19 GMT

UAE signs agreement with the master of sustainability to develop green energy projects

Some Saudi hospitals have stock market listings (File Archive)
January 21st, 2014 - 12:56 GMT

Getting sick just got more expensive: Saudi healthcare prices to increase 30 percent in 2014

Part of the Mecca Metro is already in operation (Amer Hilabi/AFP)
January 21st, 2014 - 12:28 GMT

Tickets-and bids-please! Firms lining up for Mecca Metro construction contracts

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