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BUSINESS

BUSINESS latest

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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S&P Global Ratings on Friday lowered Bahrain’s long-term foreign and local currency sovereign credit ratings to ‘B+’ from ‘BB-'. (Shutterstock)
December 3rd, 2017 - 06:00 GMT

Bahrain's Economy Remains Stable Despite S&P Rating: Central Bank

The total investment for the project is likely to hit $400 million. (File photo)
December 3rd, 2017 - 05:00 GMT

Engie Consortium Wins Wind Farm Project in Egypt

You can spot tonight's Super Moon at Al Thuraya Astronomy Centre in Dubai from 5:30-9:30pm. (Courtesy of DAG)
December 3rd, 2017 - 03:08 GMT

Where to Spot Today's Super Moon in UAE

Master the skill of opting out by following these 3 easy steps. (Pixabay)
December 3rd, 2017 - 03:04 GMT

Money Management: 3 Easy Steps to Master the Skill of 'Opting out'

Here's a list of the ultimate tech gifts for your loved ones this Christmas. (Courtesy of TechRadar)
December 3rd, 2017 - 03:00 GMT

8 Super Exciting Christmas Gifts for Tech Lovers

Here's a list of pros and cons to consider when choosing the type of company you want to work for. (Courtesy of Western Union)
December 3rd, 2017 - 02:53 GMT

Is It Better to Work for a Big or Small Company?

Prince Mohammed Bin Salman figures on this year's list of Bloomberg 50 Most Influential People. (AFP/ File)
December 3rd, 2017 - 01:57 GMT

Mohammed Bin Salman Among Bloomberg 50 Most Influential for 2017

Banks across Saudi Arabia are preparing for the transition from one riyal notes to one and two riyal coins. (Courtesy of SAMA)
December 3rd, 2017 - 01:13 GMT

Saudi Banks Prepare to Deal With 1 Riyal Coins, Instead of Paper

Set to run on December 3-4 in London, the Dubai Property Roadshow will see real estate projects from the wide portfolio of Bloom Properties. (Pictured here: Sameh Muhtadi, CEO of Bloom Holding)
December 3rd, 2017 - 01:02 GMT

Bloom Properties to Showcase Real Estate Portfolio at Dubai Property Roadshow in London

Dubai Safari is set to open doors soon.
December 3rd, 2017 - 12:59 GMT

Dubai Safari Gets Final Touches Ahead of Opening

The Communicable Disease Center has marked World AIDS Day 2017 with a series of events.
December 3rd, 2017 - 12:54 GMT

HMC Marks World AIDS Day 2017

Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation
December 3rd, 2017 - 12:48 GMT

Sultan Al Qasimi to Attend First Women’s Economic Empowerment Global Summit Tomorrow

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