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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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An investment bank for the Arab Maghreb has been created with $100m and support from the IMF
January 14th, 2013 - 11:13 GMT

Arab Maghreb Union investment bank gets the go ahead

The Egyptian pound has hit a record low against the dollar as the currency continues to struggle
January 14th, 2013 - 10:22 GMT

Egyptian pound hits record low against dollar

Intraregional trade needs to be improve, Adnan Kassar from Lebanon's Economic Committee has said
January 14th, 2013 - 07:56 GMT

Arab economies should boost intraregional trade, Lebanese minister states

The Egyptian corruption body has recovered approximately $150 million from Mubarak era figures
January 14th, 2013 - 06:46 GMT

Egypt recovers $150 million from Mubarak era figures

Saudi Arabia is funding further aid to Syrian refugees in Jordan as winter sets in
January 14th, 2013 - 04:00 GMT

Saudi King finances more aid for Syrians in Jordan

Saudi Arabian non-oil exports dropped by five per cent in November of last year.
January 14th, 2013 - 03:00 GMT

Saudi non-oil exports declined in Nov 2012

Iran, Iraq and Syria have signed a Memorandum of Understanding to ease trade across shared borders between the three nations
January 13th, 2013 - 12:39 GMT

Business san frontières: Iran, Iraq and Syria agreements

Libya's Prime Minister has vowed to tackle corruption
January 13th, 2013 - 11:31 GMT

Libya vows to tackle corruption

Consumer confidence in Egypt declined dramatically as few Egyptians believe an end to the woes is around the corner
January 13th, 2013 - 11:07 GMT

Egypt: Consumer confidence falls off a cliff

Oman ranked 45th globally in the 2013 Index of Economic Freedom, moving up two notches from 2012, as economic freedom stagnates
January 13th, 2013 - 10:46 GMT

Oman improving on 'economic freedom' league table

Iraqi oil exports from the souther Basra terminal was fully restored to 2.35 million barrels per day yesterday
January 13th, 2013 - 10:17 GMT

Oil exports restored from Iraq

Overall, the real estate sector in Lebanon saw a tough 2012
January 13th, 2013 - 09:04 GMT

Lebanon: End of year boost for real estate sector after tough 2012

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