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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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Some newspapers have launched online versions of their own newspapers. (Shutterstock)
September 28th, 2016 - 08:20 GMT

Digitization spells doom for MENA print newspapers: Media expert

The Ajman Palace Hotel
September 28th, 2016 - 08:04 GMT

The Ajman Palace Hotel hosts International African Education Summit

Rafiah Ibrahim, Head of Ericsson Middle East and East Africa
September 28th, 2016 - 07:55 GMT

Korek Telecom upgrades WCDMA core network with new Ericsson platforms

Samsung partners with Emerging German Artists to Produce ‘The Origin of Quantum Dot’ Exhibition at IFA 2016
September 28th, 2016 - 07:13 GMT

Samsung partners with emerging German artists to produce ‘The Origin of Quantum Dot’ exhibition at IFA 2016

Kalyana Sivagnanam, Vice President, Marketing Sales and Service, Middle East & Africa for Ford and Lincoln; Saeed Humaid Al Tayer, Managing Director of Al Tayer Motors and Ashok Khanna, Chief Executive Officer of Al Tayer Motors at the hand over
September 28th, 2016 - 07:02 GMT

Al Tayer Motors is first regional dealer to win Ford’s The Chairman’s Award for 2015

The grant will be directed to improve the health and municipal affairs sectors in host communities, under the 2016-2018 Jordan Response Plan. (UNICEF)
September 28th, 2016 - 07:00 GMT

Jordan receives $20M Kuwaiti Fund grant for refugees, host communities

Four Seasons Hotel New York Downtown is now open in Lower Manhattan
September 28th, 2016 - 06:17 GMT

Four Seasons Hotel New York Downtown is now open in Lower Manhattan

During the event
September 28th, 2016 - 05:53 GMT

DP World wins ‘Best Company for Investor Relations in the Middle East’ for third consecutive year

Ooredoo felt it was compelled to make facts public after being ordered to setup a $4.1M ‘performance bond’ as a guarantee of compliance with all obligations of its fixed service licence. (File photo)
September 28th, 2016 - 05:00 GMT

Ooredoo Qatar hits back against charges by communications regulator

Egypt also decided to scrap the process of sending a team of six government officials to the port where the wheat was being shipped from. (Shutterstock)
September 28th, 2016 - 04:28 GMT

Egypt outsources wheat inspections to Swiss company, angering traders

The royal decree included a 20 percent reduction in ministers' salaries and a 15 percent reduction of salaries for Shoura Council members. (File photo)
September 28th, 2016 - 04:19 GMT

Saudi Arabia's stocks dip on news of austerity cuts

Mr. Omar Kutayba Alghanim, Chairman of Gulf Bank during his interview session
September 28th, 2016 - 03:54 GMT

Gulf Bank affirms success of the 8th Euromoney Conference in Kuwait

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