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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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Libya has announced its gasoline suppliers for 2013 as the country lacks sufficient refining capacities
January 28th, 2013 - 12:46 GMT

Libya choses gasoline supplies

Kuwait and Iraq have signed an oil exploration deal for the 'Block 9' area of Basra
January 28th, 2013 - 12:17 GMT

Kuwait and Iraq ink Basra oil deal

Egypt's deputy finance minister has said that new income tax brackets will not be over 25 per cent
January 28th, 2013 - 11:48 GMT

Egypt's new income tax will not be above 25 per cent - deputy minister

Lebanon has launched a new E-portal to help job-seekers find employment
January 28th, 2013 - 11:01 GMT

Lebanon launches employment E-portal

Egypt's Shura Council has approved the appointment of Hisham Ramez as the new governor of the Central Bank
January 28th, 2013 - 10:01 GMT

Egypt approves new Central Bank governor

Iran denies there was an explosion at the Fordow nuclear facility
January 28th, 2013 - 09:00 GMT

Iran denies reports of explosion at nuclear facility

Turkey is set to help the semi-autonomous Kurdistan region establish a new housing institution
January 28th, 2013 - 08:11 GMT

Turkey to boost Kurdistan housing plan

Protesters attacked an electricity company in Port Said, with one building catching fire, according to reports.
January 28th, 2013 - 03:00 GMT

Egypt: Protesters attack electricity company in Port Said

The Egyptian stock market tumbled on Sunday after a weekend of heavy clashes across the country left many dead
January 27th, 2013 - 10:59 GMT

Egypt's stocks tumble over Port Said violence

The Islamic Development Bank is considering offering loans to Lebanon for infrastructure projects
January 27th, 2013 - 10:43 GMT

Saudi's IDB mulls funding Lebanese projects

Iranians are looking at investing in Turkish and the UAE housing market, according to a new survey
January 27th, 2013 - 10:18 GMT

Half of Iranians plan investment in Turkey and the UAE, new survey shows

Saudi Arabia has warned against a currency war, saying it would hurt the global economy
January 27th, 2013 - 09:48 GMT

Saudi Arabia warnings over "currency war"

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