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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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Yas Viceroy
September 26th, 2016 - 07:02 GMT

14 Hospitality industry awards presented to Aldar Properties’ hotels and restaurants in 2015 & 2016

The filming of Game of Thrones and Star Wars: The Force Awakens on the island have increased its ability to reach into new markets. (Pixabay)
September 26th, 2016 - 06:30 GMT

Will the luck of the Irish attract more Gulf tourists to the Emerald Isle?

Headquarters of Kuwait Projects Company (Kipco), the country's largest investment company. (Kipco)
September 26th, 2016 - 05:30 GMT

Kuwait Projects Company breaks ground on $2.5B real estate project

The Mafraq plant is the first PV solar plant to be financed out of the four planned under the Jordanian government’s second round of solar PV projects, said the statement. (Shutterstock)
September 26th, 2016 - 04:39 GMT

Jordan secures $76M for solar power plant in Mafraq

Hazem Mulhim, CEO, EastNets
September 26th, 2016 - 04:19 GMT

EastNets appoints new Chief Technology Officer

DGCX FOW award for the most innovative currency contract - Indian Rupee Quanto
September 26th, 2016 - 03:54 GMT

DGCX’s Indian Rupee Quanto futures named Most Innovative New Contract in Asia

During the event
September 26th, 2016 - 03:54 GMT

Telecom Business Continuity Forum recommends updating emergency plans and urges government departments’ participation

During the event
September 26th, 2016 - 03:54 GMT

Four journalists from Qatar receive training in Atlanta

Ferhad Zohny
September 26th, 2016 - 03:54 GMT

Ferhad Zohny joins Oryx Rotana as Director of Business Development

Bank Nizwa - SME Workshop
September 26th, 2016 - 03:40 GMT

Bank Nizwa joins hands with Ministry Of Commerce & Industry for second SME investment promotion workshop

None of the available positions were in the main cities of Riyadh, Jeddah or Mecca. (AFP/File)
September 25th, 2016 - 12:30 GMT

Saudi job portal crashes after 72,000 women apply for 5,000 available teaching jobs

Saudi Arabia suffered a deficit of $98 billion in 2015, while the projected shortage this year is $87 billion. (Shutterstock/Andrew V Marcus)
September 25th, 2016 - 11:30 GMT

No end in sight for the new norm of GCC budget deficits

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