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Economy and Policy

Economy and Policy 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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Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Pixabay)
June 28th, 2018 - 08:06 GMT

Bitcoin Edges Higher; Hong Kong’s SFC to Keep an Eye on Crypto

The project is part of 10X initiatives of Dubai Aviation Engineering Projects (DAEP). (Shutterstock)
June 28th, 2018 - 07:54 GMT

World's First Multi-Mode Super Port in Dubai

There is a growing awareness about GDPR across the UAE. (Shutterstock)
June 28th, 2018 - 07:47 GMT

UAE Businesses Must Secure Data or Risk €20 Million Fine

Fake Currency Seized From a Syrian Expat in Kuwait. (Pixabay)
June 28th, 2018 - 07:35 GMT

Fake Currency Seized From a Syrian Expat in Kuwait

24k gold was priced at Dh151.75 in Dubai and 22k can be bought at Dh142.50. (Shutterstock)
June 28th, 2018 - 07:27 GMT

Dubai Gold Remains Near 6-Month Low

Kuwait city occupied the fourth place among Arab cities preceded by Cairo, Rabat and Casablanca respectively. (Shutterstock)
June 28th, 2018 - 07:13 GMT

Kuwait Ranks Last Among GCC in Terms of Living Costs for Expats

The UAE is the biggest trade partner of Hong Kong in the Middle East, as the value of the non-oil trade exchange between the two countries accounted for $8.9 billion in 2017. (File/ photo)
June 27th, 2018 - 10:55 GMT

UAE-Hong Kong Non-Oil Trade Reaches $8.9 Billion

Crypto prices were under pressure in recent weeks, with Bitcoin falling 70% from its December high just short of $20,000. (Shutterstock)
June 27th, 2018 - 09:35 GMT

Crypto Plunges; Apple Co-Founder Warns of Blockchain Bubble

Jordan deficit in the trade balance fell by 5 per cent in the first half of this year. (Shutterstock)
June 27th, 2018 - 09:02 GMT

Jordan Trade Balance Deficit Falls by 5 Percent in First Half of Year

Members of the Youth and Human Resources Committee at the Shura Council met with the representative of the Omanisation Committees in the sales and distribution sector, in addition to companies that work in the sector. (Twitter)
June 27th, 2018 - 07:52 GMT

Sales and Distribution Sector to Provide 11,000 Jobs for Omanis

The valuation gap between stocks in Saudi Arabia and Dubai has expanded to the widest since 2011. (AFP)
June 27th, 2018 - 07:45 GMT

Saudi Stocks Most Expensive Versus Dubai in Seven Years

The small size of the Bahraini economy would make it relatively easy for its wealthier neighbouring states to bail it out. (Shutterstock)
June 27th, 2018 - 07:09 GMT

Gulf States to Announce Support for Bahrain's Economy

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