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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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Over the last two years, £85 million (more than LE850m) of assets belonging to toppled president Hosni Mubarak, his wife, two sons, their wives and 13 other former Egyptian ministers, businessmen and their wives have been frozen in the UK.
December 11th, 2013 - 01:07 GMT

Doing what they did with the pharaoh's artefacts? UK stalling the return of Mubarak's frozen assets to the Egyptian people

Pure Gold Jewellers will open an additional 65 stores and the La Moda chain plans 50 new stores in the UAE by 2020.
December 11th, 2013 - 12:56 GMT

Pure Gold's expansion plans are... pure gold?

KSA is expanding its electrical supply to meet the needs of a rising population, a growing industrial sector, and increased demand for air conditioning (File Archive/Shutterstock)
December 11th, 2013 - 10:00 GMT

Spotlight on Saudi Arabia: KSA expands electrical supply, power plan largest in the Middle East

Bond's beautiful, one-of-a-kind vehicle, fully decked out with "20-spoke diamond turned gloss black wheels" will be auctioned off at Armani Hotel in Dubai Wednesday to raise money for Syrians in Lebanon (Courtesy of The National)
December 11th, 2013 - 09:03 GMT

From Dubai with Love: James Bond's Aston Martin to be auctioned off Wednesday to raise money for Syrian refugees

In comparison with Central and South America, Dubai’s trade with the Pacific Alliance countries is significant. (Image credit: Huffington Post)
December 11th, 2013 - 08:00 GMT

Say Hola to the new Latin American bloc in Dubai

Increase in global supply will result in a drop in oil prices. (Image credit: Shutterstock)
December 11th, 2013 - 06:55 GMT

Investor alert: Oil to drop by $10 in 2014

Bahrain is in the final stage of installing a 4G/LTE network in the country, and is already planning to have the system updated and operational to 5G by 2017 (Shutterstock)
December 11th, 2013 - 06:40 GMT

Faster than the speed of light...almost: Bahrain announces 5G network to be ready by 2017

Year-on-year, the sector’s debt to the domestic banking sector shrank by 19 per cent.
December 11th, 2013 - 03:55 GMT

Mashallah! Kuwait's credit hits 5-year high

Urban consumer inflation stood at 10.4 percent in October and at 4.25 percent in November 2012.
December 10th, 2013 - 04:39 GMT

Egypt's inflation rate hits highest levels since pre-Arab Spring year

Routes within or connected to China will be the single largest growth driver, accounting for 30 per cent of new passengers during the forecast period.
December 10th, 2013 - 02:52 GMT

Forecast: UAE to handle a passenger population equivelant to China's

Saudi Arabia is the largest shareholder of the 56-member Islamic Development Bank which provides members with funding for development projects (File Archive)
December 10th, 2013 - 06:55 GMT

Saudi sizes up Islamic Development Bank share, increases holding to $6.85 billion

In the Middle East, Julius Baer has offices in Abu Dhabi, Beirut, Cairo, Dubai, Istanbul and Manama (Courtesy of Bloomberg)
December 10th, 2013 - 06:36 GMT

Bye bye Merrill Lynch! Julius Baer moves in to Middle East wealth management hot seat

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