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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 railway will begin from Kuwait City and will pass through Dammam via Bahrain and  Qatar through Salwa border point.  (Shutterstock)
April 26th, 2016 - 12:00 GMT

Pan-GCC rail will create more than 80,000 jobs

Gulf Bank
April 26th, 2016 - 11:06 GMT

3 days left to enter the Al Danah 2nd Quarterly Draw

The IMF has encouraged steps to lift subsidies and tighten public sector spending. (AFP/File)
April 26th, 2016 - 11:00 GMT

IMF encouraged by Saudi reforms but warns of up to $540B in losses over low oil

ROSATOM
April 26th, 2016 - 10:40 GMT

Cooperation agreement signed between Electricite de France and Russian Rosenergoatom

The vehicle is designed to travel short distances on pre-programmed routes and can carry 10-12 passengers.  (Twitter/RTA)
April 26th, 2016 - 10:09 GMT

Dubai sets its sights on a smart, driver-less future by 2030

Qatar plans to announce five new routes this year. (Twitter)
April 26th, 2016 - 10:00 GMT

Qatar Airways treading carefully on Saudi's Al Maha, Italy's Meridiana deals

CEOs of flydubai and GEE, Ghaith Al Ghaith and Dave Davis
April 26th, 2016 - 09:44 GMT

WiFi, live television and a new look for flydubai’s award-winning Inflight Entertainment System

An official from the Jeddah Chamber of Commerce and Industry Telecommunication and Information Technology Committee suggested a gradual system of training Saudi employees to replace expatriates. (Qudrat.com.pk)
April 26th, 2016 - 09:00 GMT

Abrupt Saudization of mobile industry impractical and may backfire: experts

Spa Villa at AKOYA Oxygen
April 26th, 2016 - 08:41 GMT

DAMAC Properties launches limited edition collection of hotel spa villas at AKOYA Oxygen

During the event
April 26th, 2016 - 08:30 GMT

Microsoft Jordan announces imagine cup 2016 Jordan winners

LOGO Cannes Lions
April 26th, 2016 - 08:13 GMT

Samsung Electronics awarded 2016 creative marketer of the year by Cannes LIONS

Latest Fashion on Souq.com
April 26th, 2016 - 07:55 GMT

Souq.com announces remarkable expansion across its fashion portfolio: Grab it, 'It’s your'

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