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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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Central Bank of Oman is awaiting official legislation on Islamic banking to issue the final regulations
March 27th, 2012 - 11:38 GMT

Oman to amend banking regulations

The strike is scheduled to take place between April 2-4
March 27th, 2012 - 11:09 GMT

Lebanon: Oil sector to hold 3 days strike

The cost of crude oil rose to JD252.5 million during January 2012 from JD140 million during the same month last year
March 27th, 2012 - 09:41 GMT

Jordan's January energy bill nearly doubles

The nominal GDP grew by 29 percent in 2011 due to the increased contribution of mining and quarrying sectors to the GDP which grew by 41 percent
March 26th, 2012 - 10:55 GMT

Saudi Arabia becomes biggest GCC magnet

National exports recorded a 14.6 annual growth rate during the last decade, while imports grew by 15.2 annually during the same period
March 26th, 2012 - 07:46 GMT

Jordan's GDP increased by 5%

Gaza received only 320 tons of cooking gas via the Israeli crossing of Karem Shalom which is less than 25 per cent of Gaza’s weekly needs
March 25th, 2012 - 01:42 GMT

Gaza: Shortage of cooking gas fuels another crisis

Net profits increased from $1.44 billion in 2010 to $1.477 billion in 2011
March 25th, 2012 - 01:19 GMT

GCC cement sector grows 14pc

The new license allows investors to start business immediately and complete the rest of the licensing requirements within 120 days
March 25th, 2012 - 11:14 GMT

Dubai issues investors instant trade licences

Gas stations threatened to stop ordering oil derivatives from the JPRC accusing Jordan’s sole fuel supplier of failing to solve some outstanding issues
March 22nd, 2012 - 01:00 GMT

Jordan: Fuel orders spike on eve of threatened refinery boycott

The study further revealed that the expected salary hikes within the United Arab Emirates will hit a 8.2 percent increase
March 22nd, 2012 - 12:11 GMT

UAE Tops GCC list of expected salary hikes

Under pressure from the UAE Central Bank and the West, many banks are stopping their dealings with Iran
March 22nd, 2012 - 11:25 GMT

Sanctions hit Iran trade partners

Iran has threatened to close Hormuz strait so undersea internet cables that pass through the channel will be effected
March 22nd, 2012 - 10:24 GMT

New cable to speed internet connections in Gulf

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