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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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Etihad Airways
June 17th, 2012 - 04:32 GMT

Etihad Airways experiences record flight bookings

Increased uncertainty will add to pre-existing headwinds from budget cutting, banking-sector deleveraging and developing country capacity constraints
June 14th, 2012 - 03:47 GMT

Global economic turmoil drags down MENA growth

There is no Lebanese economic crisis
June 14th, 2012 - 02:00 GMT

Could Lebanon really be clear of recession?

The enterprise segment in the MEA market still displays very traditional purchasing behaviors
June 14th, 2012 - 02:00 GMT

External storage market seen hitting $546m in the Middle East and Africa region

The group's biggest producer, Saudi Arabia, is pumping near its highest level in three decades and said on June 11 that there may be a need to boost the target
June 14th, 2012 - 12:54 GMT

OPEC unlikely to change crude oil output quota

The yellow metal touched an intraday high of $1624/oz and closed at $1617/oz in yesterday's trading session
June 14th, 2012 - 12:40 GMT

Moving on up: Gold prices on the rise

The harshest of the US and European measures don't formally kick in until the end of the month, yet crude oil exports have already fallen to 1.5 million barrels per day
June 14th, 2012 - 12:24 GMT

The curse of oil sanctions costs Iran

During signing the MoU
June 14th, 2012 - 11:58 GMT

Abu Dhabi Customs signs a MoU with Jordan Customs to promote electronic link and exchange of information

Al Bawaba
June 14th, 2012 - 10:55 GMT

More than 40 Starwood hotels in the middle east join associate fundraising campaign to support Unicef education project in ethiopia

The prime minister highlighted investment opportunities in Jordan, urging the Kuwait fund to establish an office in Jordan to boost cooperation
June 14th, 2012 - 10:39 GMT

Kuwait fund interested in investing in Jordan's projects

Al Bawaba
June 14th, 2012 - 09:48 GMT

BenQ launches next generation BlueCore light engine education projectors to increase engagement between students and teachers

Al Bawaba
June 14th, 2012 - 08:44 GMT

NBAD opens representative office in China

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