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Saudi Arabia restores full oil capacity after drone strikes
April 12th, 2026 - 08:27 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Saudi Arabia restores full oil capacity after drone strikes

ALBAWABA- Saudi Arabia has fully restored its oil production and export capacity following last week’s drone attacks on key energy infrastructure, with officials describing the recovery as completed in “record time.” In a joint statement, the Ministry of Energy and Saudi Aramco outlined a rapid operational rebound across critical facilities. Pumping capacity on the East-West Pipeline has returned to approximately 7 million barrels per day, offsetting a prior loss of ...
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To grant the loan, IMF needs the approval of the Egyptian Muslim Brotherhood's Freedom and Justice Party
May 6th, 2012 - 09:49 GMT

Cairo reapplies for IMF debt-aid

Saudi tourism sector boosts the national economy and provides a lot of jobs to different groups of people
May 6th, 2012 - 09:14 GMT

Saudi 'tourism' generates 1.6 million jobs since 2009

Electricity provision remains poor in Iraq, with the national grid only supplying a few hours of power per day
May 6th, 2012 - 08:44 GMT

Iraq to double up its power supply

This law aims to strengthen the business environment and makes it attractive to local and foreign investments
May 6th, 2012 - 07:08 GMT

UAE revises bankruptcy law

The ECB is predicted to leave interest rate on hold at its low record of 1.00% to bolster the waning recovery
May 3rd, 2012 - 12:30 GMT

Gold still sustaining losses

The agreement that would include phasing out customs and fees on imports and exports between the two countries
May 3rd, 2012 - 10:05 GMT

Iran finds a free-trade partner in Lebanon

Non-oil GDP growth is expected to rise in all GCC countries
May 3rd, 2012 - 07:45 GMT

IMF forecasts sunny outlook for GCC economies

Al Bawaba
May 3rd, 2012 - 07:17 GMT

A 10% increase for rents in Dubai

This is a reflection of confidence in the banking sector and the Lebanese pound
May 3rd, 2012 - 06:43 GMT

Lebanon's banks not affected by strife in the region

The yellow metal inched down on and soared to 54.8 in April
May 2nd, 2012 - 11:40 GMT

Gold falls back down slippery slope

The airport is expected to handle 28 million passengers
May 2nd, 2012 - 10:44 GMT

Doha opening new snazzy $17.5bn airport 12/12/2012

As a result of the high prices of fuel, the General Labor Confederation announced last week a general strike for May 3
May 2nd, 2012 - 09:21 GMT

Lebanon's petrol prices plummet

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