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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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Khalid Barashid, a property dealer, said the raids have pushed down land prices by 30 percent in suburban areas and wiped out illegal dealers.
November 25th, 2013 - 09:51 GMT

Emptied houses, offices bring Saudi Arabia's land prices down by 30%

Solidere, which was set up to rebuild the Beirut Central District, has been hurt by lower demand for real estate due to the spillover from the Syrian crisis, and its shares have lost almost 13 percent since the beginning of 2013.
November 25th, 2013 - 03:55 GMT

The only silver lining? Beirut blast unlikely to result in stock sell-off

Iran exported over 132,000 tons of gasoline, valued at $134 million, in the past Iranian calendar year.
November 24th, 2013 - 06:14 GMT

Iran to boost strategic fuel capacities to 12 billion litres

Gulf Air's profits in the third quarter were 24 percent better than its forecast (Courtesy of Khaleej Times)
November 24th, 2013 - 10:00 GMT

Gulf Air's restructuring soars to new heights, airline's profits surpass forecasted results

A scheduled Kuwait Airways flight landed in Iraq late on Wednesday for the first time since the 1990 Iraqi invasion, in the latest sign of improved ties between the neighbors.
November 24th, 2013 - 09:24 GMT

Talk about a flight delay: Kuwait airways flight lands in Iraq for first time since 1990

KSA will focus its infrastructure spending over the next twenty years on electricity and water facilities' upgrades (Courtesy of Arabian Business)
November 24th, 2013 - 09:22 GMT

KSA announces $187 billion infrastructure plans

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

Almost all resident in the UAE use a mobile phone and 85 percent of the population uses high-speed internet on a regular basis (Shutterstock)
November 24th, 2013 - 07:10 GMT

UAE rises to record ranking for ICT development

Economic airlines in the Middle East have witnessed an overall absorptive capacity increase from 11.5 to 13.5 million in just one year (Shutterstock)
November 24th, 2013 - 06:49 GMT

Flying on the cheap: Middle East economy airlines take-off as the travel market of the future

The United Arab Emirates capital slapped a five per cent cap on annual rent hikes in January 2008 after surging demand drove rents higher and inflation with them.
November 24th, 2013 - 05:44 GMT

One might as well move to Dubai now, Abu Dhabi scraps rent increase cap

A successful bid by Dubai for Expo 2020 will have a positive impact on the stock market, real estate and foreign direct investments
November 24th, 2013 - 03:55 GMT

Three days to go! 97% believe Dubai will win Expo 2020 bid

Hydrogen cars are appealing because unlike electric vehicles, they have the range of a typical gasoline car and can be refueled quickly.
November 21st, 2013 - 02:28 GMT

Coming soon: Hydrogen cars!

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