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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 new board member
April 21st, 2016 - 05:26 GMT

Hafez re-elected chairman of RJ’s new board of directors

During the event
April 21st, 2016 - 05:18 GMT

MD & CEO of DEWA visits 400kV substation at Mohammed bin Rashid Al Maktoum solar park

Mr. Majed E. Al Ajeel Chairman of Burgan Bank Group
April 21st, 2016 - 05:11 GMT

Burgan Bank holds Annual General Assembly meeting and Shafafiyah Forum

With oil prices down by approximately 65 percent compared to their mid-2014 levels, total earnings combined at the six companies declined 34 percent in 2015. (File photo)
April 21st, 2016 - 05:00 GMT

Negative outlook for oil companies as Fitch predicts 22 percent fall in earnings

During the event
April 21st, 2016 - 04:52 GMT

Georgetown students host 5th annual MESSA conference for young global scholars

Emirates Airline
April 21st, 2016 - 04:45 GMT

Want the best Emirates fares? Book at least 45 days ahead of travel

In November, Russia issued an immediate suspension of all commercial flights to and from Egypt, pending a report on the status of security procedures at Egyptian airports. (File photo)
April 21st, 2016 - 04:15 GMT

US, Russia conduct Egypt airport security review

The Secretary-General of Hezbollah Sayyed Hasan Nasrallah has denied that the party deals with any Lebanese or foreign banks. (File photo)
April 20th, 2016 - 01:00 GMT

Lebanese banks accepting Hezbollah MP's salaries will face US sanctions

Durning the event
April 20th, 2016 - 11:19 GMT

Bahrain British Business Forum holds AGM attended by H.E. Simon Martin CMG, British Ambassador

Islamic finance will likely remain a moderate contributor due to the industry's small size and the issues it has yet to resolve to unlock its global potential. (File photo)
April 20th, 2016 - 11:00 GMT

Islamic finance assets estimated at $2.1T in 2015: S&P

The bill will now go to the Guardian Council, the constitutional supervisory body, for ratification before becoming law. (Wikimedia Commons)
April 20th, 2016 - 10:00 GMT

Iran's lawmakers propose $330B budget that doubles oil exports

Rutger Reman, Head of Industry & Society Unit at Ericsson
April 20th, 2016 - 09:35 GMT

Ericsson demonstrates Smart Grids for smart cities in Istanbul

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