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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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Inflation in Iran is at a staggering 39%. (Image credit: Shutterstock)
November 12th, 2013 - 06:00 GMT

IMF and Iran meet to discuss measures to curb inflation

More people in the GCC will be swapping out their old bulbs for energy efficient LEDs. (Image credit: Shutterstock)
November 12th, 2013 - 05:41 GMT

LED production in GCC to triple revenue in the next five years

Despite regional challenges, Air Arabia posted an impressive growth in revenue for the first nine months of the year. (Image credit: Shutterstock)
November 12th, 2013 - 05:28 GMT

Low cost airline pioneer's revenues take off

"No country is taking the lead, it is an Egyptian project," said the country's investment minister.
November 12th, 2013 - 04:55 GMT

Egypt to finalize tender for Suez Canal development, but this time along, Qatar stands no chance

Ali stressed that the military institution has no intention of becoming involved in the economic policy of Egypt in the future.
November 12th, 2013 - 04:55 GMT

Military spokesman: We have no control over Egypt's economy

The International Monetary Fund urged Kuwait last month to contain public spending to avoid risks from a drop in the price of crude oil which accounts for 94 percent of state revenues.
November 11th, 2013 - 11:24 GMT

Bye bye nanny state, hello Egypt/Jordan style protests? Kuwait to possibly scratch $16 billion worth of subsidies

Prince Alwaleed Bin Talal and Kingdom Holding Company invested $300 million in Twitter in 2011 (Courtesy of the Guardian)
November 11th, 2013 - 09:10 GMT

Tweeting has never been better for Saudi Prince's Twitter investments

Abu Dhabi plans to expand its mall space to 798, 966 square meters within the next four years (Courtesy of UAE Style Magazine)
November 11th, 2013 - 08:54 GMT

Abu Dhabi reels in retail scene

Bahrain's labor fund Tamkeen offers training budget subsidies to employers to pay increase subsidies for employees who have participated in Tamkeen development trainings (Courtesy of Bahrain News Agency)
November 11th, 2013 - 08:36 GMT

Bahrain launches employee training program, and is picking up part of the tab too

Lufthansa will end all of its flights to Sudan by January 19, 2014 (Courtesy of the Telegraph)
November 11th, 2013 - 08:06 GMT

German airline to end all flights to Sudan in January

Regional ministers said that Gulf residents are 'taking advantage' of government energy subsidies and opting for vehicles that have big engines and are not fuel efficient (Courtesy of Boston University)
November 11th, 2013 - 07:20 GMT

Subsidies are the culprit for 'excessive' energy consumption in GCC, say ministers

Middle Eastern investors were one of the most active buyers of hotel real estate in 2012 (Shutterstock)
November 11th, 2013 - 06:56 GMT

Investing to accomodate: hotel purchases up 50%, Middle East considered 'most active buyers'

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