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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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Gross sports spending totaled GBP 630m, 29 per cent up on the equivalent 2012 figure of GBP 490m and GBP 130m more than the previous record of GBP 500m set in 2008.
September 25th, 2013 - 01:00 GMT

A worthy investment? Middle East spending more on football

Prince Fahd said that some 65 million domestic and foreign passengers use the Kingdom’s air traffic sector in a year (Pictured: Riyadh's King Khaled International Airport).
September 25th, 2013 - 11:23 GMT

How bad is Saudi Arabia's airport staff? time to find out

On its current trajectory, the airport is well on track to displace Heathrow as the world’s second busiest airport
September 25th, 2013 - 11:06 GMT

Dubai's airport about to outdo Heathrow

 The debt comprises $10 billion from the UAE Central Bank, which is due to mature in February 2014 and $5 billion each from two state-owned banks in Abu Dhabi — National Bank of Abu Dhabi and Al Hilal Bank — maturing in November 2014.
September 25th, 2013 - 09:44 GMT

Dubai can take care of itself and won't be seeking more 'favors' from Abu Dhabi

Shale oil production reached about 2 million barrels a day last year, pushing overall US output to 6.4 million barrels of oil per day, the most in 15 years and 32 per cent above the level five years ago.
September 25th, 2013 - 08:56 GMT

A new oil market is in the making, thanks to the US shale boom

"For example, if you are dressed in a formal suit, you will get a kilogram (kg) of tomatoes for LE5, but if you send your doorman in his robe to buy some, he will get it for LE3.5 or LE3," Diab added.
September 25th, 2013 - 07:26 GMT

Egypt's new government to extend its control over fruits and vegetables

The UAE is among those economies most rapidly moving away from being predominantly cash-based society.
September 24th, 2013 - 01:05 GMT

UAE not interested in cash

Mafraq Governorate's population has increased by 70 per cent since the crisis started, which created extra pressure on its infrastructure and services.
September 24th, 2013 - 12:59 GMT

Foreign aid does not cover 30% of Jordan's refugee bill- Majali


Jazeera emerged out as the leading airline serving the Kuwait-Beirut route with a 40 per cent market share, and grabbed a 36 per cent market share on the Kuwait-Amman route, the report added.
September 24th, 2013 - 12:06 GMT

Jazeera winning over Dubai, Beirut, and Amman routes!

Share of the oil sector to the Kingdom’s GDP dropped from 29.5 percent to 22.2 percent in the two periods, which is a good indication that the Saudi economy has been increasingly supported by the private and nonoil sectors.
September 24th, 2013 - 09:28 GMT

Say what? Saudi's GDP reached SR 2.66 trillion in 2012

The preliminary deal, subject to a six-week period of due diligence, which is expected to be completed by November 4, values the sinking smartphone manufacturer's at 9 dollar-a-share.Watsa further said that they can deliver immediate value to shareholders.
September 24th, 2013 - 09:05 GMT

BlackBerry sells itself for $4.7 billion


According to the report, Apple said that its fourth-quarter revenue will be at the high end of its estimated 34 billion dollars to 37 billion dollars in total revenue.
September 24th, 2013 - 07:46 GMT

Crushing expectations: new iPhones mark Apple's most successful launch ever!

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