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Jet Fuel
April 17th, 2026 - 12:17 GMT
Osama Ali

Osama Ali

Airlines adjust as Europe's jet fuel supply shrinks

ALBAWABA - According to the International Energy Agency, Europe may only have a short window of jet fuel supply left since continuous interruptions to international energy channels continue to have an impact on markets. Fatih Birol, the Executive Director of the organization, cautioned that if supply shortages continue, there might be flight problems and that existing stockpiles could endure for several weeks. Reduced oil and gas flows via the Strait ...
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Four Gulf states — Qatar, Saudi Arabia, Kuwait and the UAE — agreed in 2012 to provide aid worth a total $5 billion to Morocco in the period 2012-2017.
December 29th, 2013 - 03:55 GMT

The new pampered child to replace Egypt? Qatar okays $1.25 billion aid package to Morocco

Jeddah authorities are planning to spend $160 million in 2014 to ease traffic woes for its residents (File Archive)
December 27th, 2013 - 12:00 GMT

Saudi Arabian city to spend how much to ease traffic congestion?!

Last December, Toyota said it had agreed to pay about $1.1 billion (€800 million) to settle a class action lawsuit launched by US vehicle owners affected by the series of mass recalls from the automaker.
December 26th, 2013 - 03:30 GMT

Speeding ticket? Blame your toyota! Saudi Arabia forced to recall 400,000 Toyotas for unintended acceleration


But Gulf stocks are no longer as cheap as they were relative to the rest of the world, and some economic shifts may not be ideal for markets.
December 26th, 2013 - 03:10 GMT

Bullish growth projected for GCC stocks in 2014

The BMW 7-Series V12 Bi-Turbo Special Edition can accelerate from 0 to 100 km/h in 4.6 seconds and can reach a top speed of 250 km/h (Courtesy of Car Scoop)
December 26th, 2013 - 01:18 GMT

New BMW models roll up in style in Saudi

Governments are now issuing sukuks to finance their debts (File Archive)
December 26th, 2013 - 12:44 GMT

Why are sukuk sales set to soar in 2014?

The UAE is among the top five countries in the world for new hotel openings over the past five years. (Image credit: Shutterstock)
December 26th, 2013 - 09:51 GMT

UAE hospitality sector marked by unprecedented 'hotel rush'

Natural gas supplied by Aramco is expected to double next year. (Image credit: Shutterstock)
December 26th, 2013 - 09:19 GMT

Saudi petrochemical earnings expected to grow to $11 bn in 2014

The Egyptian Trade Union has been a main site of protests in the country since the Jan. 25 revolution (Courtesy of the Christian Science Monitor)
December 26th, 2013 - 09:09 GMT

Work without wages? Egypt fails to establish minimum salary for private sector workers

The agreement was signed by Syrian Oil Minister Suleiman Abbas, Syria’s General Petroleum Company and the Russian Soyuzneftegaz company.
December 26th, 2013 - 03:55 GMT

Pragmatic or dysfunctional? Syria signs new oil, gas exploration agreement with Russia

The central bank on Tuesday made its most clear commitment yet to ramping up its support of the lira, promising to sell at least $6 billion in foreign currency by the end of January.
December 26th, 2013 - 03:55 GMT

Turkish markets hit hard by corruption scandal, and it's about to get worse

That the Expo 2020 win would prove a catalyst for new trends in Dubai’s real estate sector was a foregone conclusion.
December 25th, 2013 - 02:07 GMT

The new reality: Expo 2020 already boosting Dubai's realty sector

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