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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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The Ministry of Environment, Water and Agriculture announced that corn, olives, grapes and pumpkins will be added to the list of crops banned for export. (Shutterstock)
April 8th, 2018 - 10:31 GMT

Saudi Arabia Adds 4 New Crops to Export Ban List: Sources

S&P expects the Kingdom to register modest economic growth this year thanks to rising government investment and an improvement in oil prices. (AFP/ File)
April 8th, 2018 - 09:58 GMT

Saudi Arabia's Economic Outlook Remains Stable: S&P

The new theme park is expected to open in 2022 as part of the 334-square-kilometre Qiddiya ‘entertainment city’ south of Riyadh. (Shutterstock)
April 5th, 2018 - 07:58 GMT

Saudi Arabia Signs Theme Park Deal With US-Based Six Flags

Bahrain has been among the hardest hit of the Gulf economies during the recent period of low oil prices. (Shutterstock)
April 5th, 2018 - 07:51 GMT

Bahrain’s Labor Force Shrinks in 2017, First Time in 5 Years

The laws of Economics are mutable. Is it time to start questioning them? (Shutterstock)
April 4th, 2018 - 01:58 GMT

It's Time to Start Questioning the 5 'Economic Policy Commandments'

Venture capitalists and investors are funding more startups in e-commerce, fintech, food and beverage, logistics and transport to cash in on the growing popularity of the startup ecosystem. (Shutterstock)
April 4th, 2018 - 11:00 GMT

UAE Startups Lead MENA Region in Investment, at 70 Percent

The total value of apartments that were built since 2015 to date and have not been sold yet is estimated at JD1 billion. (Shutterstock)
April 4th, 2018 - 10:25 GMT

Jordan: Unsold Apartments Since 2015 Valued at JD1 Billion

FDI to developing economies remained stable, at an estimated $653 billion, 2 percent more than the previous year. (Shutterstock)
April 3rd, 2018 - 12:00 GMT

Despite Challenges, Global FDI Hits $1.52 Trillion in 2017

Approval was issued for an Iraqi investor to obtain Jordanian nationality. (Shutterstock)
April 3rd, 2018 - 10:12 GMT

Jordan: Iraqi Investor First to Receive Citizenship Under New Law

Full year 2017 saw the announcement of 126 deals worth approximately $16.0 billion as compared to 129 deals in 2016 at a total value of $37.8 billion. (Shutterstock)
April 3rd, 2018 - 09:15 GMT

M&A Deals in Middle East Down 57 Percent in 2017: Report

Protectionism was not a tool to protect economies and will not help maintain sustainable growth. (Shutterstock)
April 3rd, 2018 - 08:49 GMT

UAE Opposed to Protectionism, Top Official Says

On June 23, 2016, citizens of the UK voted to cut ties and leave the 28-member European economic bloc. (Shutterstock)
April 2nd, 2018 - 10:16 GMT

Brexit Countdown Begins: What's Next?

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