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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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Alliance for Youth
May 23rd, 2016 - 04:50 GMT

Nestlé Calls for Alliance for Youth to address unemployment in the Middle East

The cabinet is seeking to create conditions that will help enhance trust, expedite investments and encourage additional investments in the gas sector, including the entry of new investors. (File photo)
May 23rd, 2016 - 04:09 GMT

Israeli cabinet approves new natural gas development plan

Abu Dhabi Ports Company
May 23rd, 2016 - 03:44 GMT

Kizad launches phase 2 of Logistics Park

Jordan used to export 180,000-200,000 tonnes of fruit and vegetables to Iraq each year but were forced to export via Kuwait after the border crossing was closed. (File photo)
May 22nd, 2016 - 12:00 GMT

Hopes for agricultural sector revival with 'imminent' reopening of Jordan-Iraq border crossing

During the event
May 22nd, 2016 - 11:19 GMT

51 du employees dedicate 120 hours to volunteering for Give & Gain Day

Officials from Russia (L) and Egypt (R) sign an agreement to build Egypt's first nuclear power plant as Egyptian President Abdel Fattah al-Sisi (C) in November 2015. (Facebook)
May 22nd, 2016 - 11:00 GMT

Egypt approves $25B Russian loan for Dabaa nuclear power plant construction

Saudi's retail sector has been experiencing the same crunch as in other Gulf markets, brought on by the steep dive in oil prices and the fallout this had on consumer spending habits. (Damas)
May 22nd, 2016 - 10:49 GMT

Damas expansion: UAE retail jewelry chain sees sparkle in Saudi market

Everything may seem to be a lot cheaper when bought in bigger quantities. (Shutterstock/mandritoiu)
May 22nd, 2016 - 10:22 GMT

Bigger isn't always better: Wholesale buying may not always save money

Jamal Abdullah Lootah, CEO, Imdaad.
May 22nd, 2016 - 10:14 GMT

Imdaad to showcase new facilities management innovations at FM Expo 2016

AUD at UAE Army Job Fair
May 22nd, 2016 - 10:05 GMT

AUD at UAE Army job fair

The IMF standby arrangements allow the fund to respond quickly to countries’ external financing needs, and to support policies designed to help them emerge from crisis, with lending tailored to member countries' needs.
May 22nd, 2016 - 10:00 GMT

Iraq: New $5.4B IMF loan conditional on reducing $20.5B budget deficit

During the event
May 22nd, 2016 - 09:52 GMT

DEDTalks launches a new platform for idea exchange on economic policy and strategies in Dubai

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