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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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A front-runner in next month's presidential election said he would not support the loan unless the terms were changed
April 12th, 2012 - 10:39 GMT

IMF says consensus needed for Egypt's loan

Daily traded values of stocks on the kingdom's exchange reached highs of $5.7bn during the first quarter
April 12th, 2012 - 09:53 GMT

Saudi Arabia's banks surge in first quarter

overnment ministers have played down the extent of the spoiled food problems
April 12th, 2012 - 08:09 GMT

Lebanese Tourism Ministry begins food safety courses

Liquid gas would be delivered to a freighter rented at a cost of around $100,000 per day
April 12th, 2012 - 07:19 GMT

Jordan and Qatar to discuss natural gas deal

The oil sector is likely to be slightly higher versus 2011
April 11th, 2012 - 10:12 GMT

Saudi economic growth to hit 4.7pc

This award is considered as one of the most high-profile business awards
April 11th, 2012 - 08:28 GMT

UAE announced Entrepreneur of the Year

Suspension of the strike is aimed towards opening the door for negotiations
April 11th, 2012 - 07:05 GMT

Lebanese transport unions to postpone strike

IMF expects UAE’s output at 2.6 mbpd and crude prices at record $122 bn
April 11th, 2012 - 06:01 GMT

UAE's oil income to soar high

Gasoline prices soared to record levels last week with 98- and 95-octane graded fuel both rising by LL700
April 10th, 2012 - 11:08 GMT

Strike over fuel prices go ahead in Lebanon

The IMF says the cash is dependent on broad political backing for the plan
April 10th, 2012 - 10:21 GMT

Muslim Brotherhood refuses IMF loan terms for Egypt

Workers' demands are still excessive and the company is still looking into them
April 10th, 2012 - 07:02 GMT

Jordanian Lower House fails to resolve Electric companies strike

Jordan, Syria, Iraq and Sudan also featured in the ranking with one billionaire each
April 9th, 2012 - 11:21 GMT

New list of Arab Billionaires revealed

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