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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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The agreement will also allow the two countries to cooperate in strengthening the technological and information infrastructure of the Bahrain Bourse. (File photo)
May 2nd, 2016 - 06:00 GMT

Egypt, Bahrain stock exchanges sign cross-listing agreement

The Tower at Dubai Creek Harbour
May 2nd, 2016 - 05:41 GMT

Emaar net profit increases by 17% to AED 1.205 billion (US$ 328 million) in Q1 2016

The Cuban Hospital welcomes its 1000th baby
May 2nd, 2016 - 05:31 GMT

The Cuban Hospital welcomes its 1000th baby

During the event
May 2nd, 2016 - 05:22 GMT

Emirates launches A380 operations to two new cities in East and West

The WISE Prize for Education Laureate Dr Sakena Yacoobi with Ms Mary Landrieu, former Senator from Louisiana
May 2nd, 2016 - 05:06 GMT

Wise showcases work of award-winning education laureate to American audience

H.E Saeed Mohammed Al Tayer MD&CEO - DEWA
May 2nd, 2016 - 04:59 GMT

DEWA receives 5 bids for phase III of the Mohammed bin Rashid Al Maktoum Solar Park

LG Electronics
May 2nd, 2016 - 04:12 GMT

HVAC Industry set for a buoyant growth in the Middle East & Africa; reiterates LG Chief

'Missile Strike' was created in retaliation for the Israeli console game, 'Battlefield', that includes scenes simulating attacks on Tehran and its Milad Tower. (Twitter)
May 2nd, 2016 - 04:00 GMT

War games: Iran unveils new version of anti-Israel cellphone game 'Missile Strike'

The independent Australian-based Dunmore Consulting company estimates that the Hatrurim area contains from seven to eleven million barrels of oil. (Wikimedia Commons)
May 2nd, 2016 - 04:00 GMT

Israel's Dead Sea oil find reportedly worth $1.2B

Hyundai Motorsport
May 2nd, 2016 - 03:44 GMT

Hyundai motorsport wins Rally Argentina, claiming WRC team’s first victory for 2016

Egyptian President Abdel-Fattah El-Sisi announced the allocation on Thursday at a Labour Day celebration.  (Parlmany)
May 1st, 2016 - 03:45 GMT

Egypt's President Sisi announces $11.2M emergency workers' fund

The new power plant will be located 15km south of the capital Doha, adjacent to Qatar Economic Zone.  (Siemens)
May 1st, 2016 - 12:00 GMT

Qatar: Siemens signs 25 year service contract for major power plant

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