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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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Saudi Arabia, Kuwait and the United Arab Emirates pledged $2.5 billion of aid to Jordan on Monday. (KhT)
June 11th, 2018 - 07:06 GMT

UAE, Saudi, Kuwait Pledge $2.5 Billion Aid Package to Jordan

The Saudi companies on the list account for $39.1 trillion in sales, $3.2 trillion in profit, $189 trillion in assets and $56.8 trillion in market value. (Shutterstock)
June 10th, 2018 - 08:44 GMT

7 Saudi Firms on Forbes List of Largest Public Companies

Similarly, Abu Dhabi announced a stimulus package of Dh50 billion last week to give fillip to the emirate's economy. (Shutterstock)
June 10th, 2018 - 08:39 GMT

Dubai Offers Businesses New Facilitating Measures

The Saudi government has been urged to boost training of health professionals and ease visa requirements to meet an expected shortfall in qualified medical staff in the Kingdom. (AFP)
June 10th, 2018 - 08:36 GMT

Saudi Arabia Will Need an Additional 10,000 Doctors by 2020

Investors in Saudi Arabia and the UAE accounted for the highest proportion of the “very knowledgeable” category. (Shutterstock)
June 10th, 2018 - 08:28 GMT

Saudi Investors Keen on Real Estate and Looking Abroad

Foreign direct investmentsI to the UAE rose by 8 per cent from $9.6 billion in 2016 to $10.4 billion (Dh38.17 billion) last year. (Shutterstock)
June 10th, 2018 - 08:03 GMT

Foreign Direct Investments Rose by 8 Percent, Lift UAE to No.1 in Arab World

Jordanian protesters wave national flags and shout slogans during an anti-austerity rally, on June 6, 2018, in front of the Labor Union offices in Amman. (AFP)
June 10th, 2018 - 07:21 GMT

Saudi Arabia to Host Gulf Conference on Supporting Jordan

Civil Service Commission (CSC) has informed Parliament’s Replacement Committee about an increase in the number of expatriate employees in the public sector to be terminated. (Shutterstock)
June 7th, 2018 - 09:13 GMT

Increase in Expats Terminations Early Next Month in Kuwait

Bitcoin was trading at $7,711.2 by 1:10AM ET (05:10GMT) on the Bitfinex exchange, up 1.4% over the previous 24 hours. (Shutterstock)
June 7th, 2018 - 09:03 GMT

Bitcoin Prices Rise; Fidelity Hiring For Crypto Projects

It includes freezing private school fees, and reducing and cancelling certain government fees. (KhT)
June 7th, 2018 - 08:51 GMT

Dubai Economic Stimulus Gains Momentum

Oman's government is planning to permit the recruitment of non-Omani workers under temporary employment licenses in specific specialised jobs for a set period of time. (Shutterstock)
June 7th, 2018 - 08:38 GMT

Oman Working on New Temporary Work Permits for Expats

The first meeting of the Saudi-Emirati Coordination Council in Jeddah. (SPA)
June 7th, 2018 - 07:32 GMT

Saudi Arabia, UAE Boost Cooperation as Multiple Joint Projects Announced

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