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Massive Gains for Iran from India as tension rases
April 4th, 2026 - 08:35 GMT
Osama Ali

Osama Ali

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil for the first time since 2019. India's Ministry of Petroleum claims that in order to counteract interruptions caused by instability in the Strait of Hormuz, Indian refineries have obtained crude supplies from a variety of sources, including Iran. The action follows years of ...
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Despite ongoing political instability, the Egyptian economy grew by 2.6 per cent in the first quater of the 21012/13 fiscal year
February 4th, 2013 - 11:00 GMT

Egypt: Economy grows by 2.6 per cent

Etihad Airways posted a 200 per cent increase in profits for 2012
February 4th, 2013 - 10:20 GMT

Etihad Airways' profits take off

Lebanon's five listed banks posted losses only masked by the sale of Audi’s insurance arm, LIA Insurance SAL
February 4th, 2013 - 08:59 GMT

Lebanon's banks decline masked by insurance company sale

Fuel demand in Jordan is creeping up despite the government raising the prices in November last year
February 4th, 2013 - 08:40 GMT

Jordanians thirst for fuel increases despite price rise

Oman Air is increasing its fleet as well as  increasing operations to India
February 4th, 2013 - 08:08 GMT

Oman Air expands fleet as it takes off to India

 A Kuwait MP has called for a single unitary visa for foreigners visiting GCC nations
February 4th, 2013 - 07:51 GMT

Kuwaiti MP calls for unified GCC visa

The budget deficit in Egypt rose to LE91.5 billion in the first six months of the current 2012/13 fiscal year that began last July
February 4th, 2013 - 05:00 GMT

Egypt's budget deficit soars

Top Technolight executives with guests and key representatives from construction and decoration consultant companies.
February 3rd, 2013 - 02:02 GMT

VIPs see the light in Riyadh

Wine is the only product bucking the trend of declining exports from Lebanon due to the unrest in Syria.
February 3rd, 2013 - 01:56 GMT

Lebanon wine exports to U.K. up by a third — Harpers

Al Bawaba
February 3rd, 2013 - 01:51 GMT

A royal meeting: Saudi prince meets business giant at London's Savoy

The Suez Channel.
February 3rd, 2013 - 01:44 GMT

After leak in Suez Canal it's anchors away for Danish container ship

Poverty has shot up in Iran, where a currency crisis brought on by Western sanctions is adding to people's woes.
February 3rd, 2013 - 01:25 GMT

Iran's rial in the dumps against dollar amid increasing strain from Western sanctions

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