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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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World tourist numbers cross the one billion mark for the first time, according the a United Nations agency
January 29th, 2013 - 12:58 GMT

World tourist number break records

Qatar is set to is set to issue riyal denominated government bonds, according to Reuters
January 29th, 2013 - 12:33 GMT

Qatar set to issue local currency bonds

Foreigners in dubai will be able to set up businesses without local help, providing they have liquid capital behind them
January 29th, 2013 - 12:14 GMT

Foreign investors can set up shop in Dubai without local help

Libya and Tunisia have agreed to set up a joint shipping lane between the two nations
January 29th, 2013 - 11:32 GMT

Libya and Tunisia to start shipping joint shipping lane

Enforcing copyright laws will boost Lebanon's economy, according to a government minister
January 29th, 2013 - 11:14 GMT

Lebanon's economy minister urges copyright enforcement

Oman's Sultan, Qaboos Bin Saeed, has urged citizens to end the practice of 'proxy trade'
January 29th, 2013 - 08:49 GMT

Proxy trade harms Oman’s economy - Sultan

Iraq's semi-autonomous region is considering boosting economic ties  with Lebanon’s second-biggest city Tripoli.
January 29th, 2013 - 08:18 GMT

Iraqi Kurdistan considers boosting ties with Tripoli, Lebanon

Migrant construction workers in  Saudi Arabia have taken industrial action over unpaid wages, according to a well placed source
January 29th, 2013 - 07:42 GMT

Migrant workers take industrial action in Saudi Arabia

Jordan's main energy supply from Egypt has been disrupted again, causing a dramatic reduction in gas supplies
January 29th, 2013 - 06:57 GMT

Egypt's gas supply to Jordan drops

Clashes in several governorates caused the Egyptian stock market to tumble yesterday
January 29th, 2013 - 03:00 GMT

Clashes in Egypt continue to hurt stock market

Iran is to halt oil and gas export to Europe, a spokesman for the Iranian Oil Ministry said.
January 28th, 2013 - 01:34 GMT

Iran halts oil and gas exports to Europe

Lebanon's Byblos Bank posted a 5.9 per cent drop in profits
January 28th, 2013 - 01:07 GMT

Lebanon's Byblos Bank posts 5.9 per cent drop

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