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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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Mohammed Al Muallem, Chief Executive Officer & Managing Director, DP World – UAE Region
February 21st, 2018 - 05:46 GMT

Dubai Trade Honors Winners of 10th E-Services Excellence Award

The U.S. dollar inched higher versus a basket of major currencies on Tuesday. Oil markets were split. (Shutterstock)
February 20th, 2018 - 02:07 GMT

Strong U.S. Dollar, Mixed Oil: Top 5 Things to Know in the Markets Today

The tickets for Dubai Frame are priced at AED 50 for adults and AED 20 for children.
February 20th, 2018 - 12:05 GMT

Dubai Municipality Extends Opening Hours of Dubai Frame

The agreement was signed on the sidelines of DWSC’s participation in Gulfood 2018.
February 20th, 2018 - 11:31 GMT

Dubai Wholesale City Hosts Largest Cash and Carry Facility in the Region

The new law is regarded as an essential element in the drive to diversify the economy away from oil dependency. (File photo)
February 20th, 2018 - 11:24 GMT

New Bankruptcy Law, a 'Step Forward' for Saudi Arabia: Experts

Intensive training to Dubai Customs officers and equipping the centers with the latest inspection equipment were among the reasons behind this achievement.
February 20th, 2018 - 10:58 GMT

Dubai Customs Foils 1,628 Drug Smuggling Bids in 2017

The meeting discussed ways to consolidate cooperation through the exploration of investment opportunities in agriculture, food, tourism, logistics, shipping and air transport.
February 20th, 2018 - 10:52 GMT

UAE Ministry of Economy Explores Agricultural Investment Opportunities With Ethiopia

The report ranked Egypt low in all areas related to the rule of law, including law enforcement, government powers and corruption. (File photo)
February 19th, 2018 - 07:00 GMT

Egypt 110 out of 113 Countries in Rule of Law: Report

About 12 Saudi and 9 UAE companies could potentially list on local exchanges in 2018. (AFP/ File)
February 19th, 2018 - 11:47 GMT

Saudi Arabia, UAE to Drive Middle East’s IPOs in 2018

The EDB’s record number of investments in 2017 represents a significant increase of 161% compared to 2016.
February 19th, 2018 - 10:45 GMT

Bahrain Attracts $733 Million New Investments in 2017: EDB

"Promoting external trade in support of national economy is a priority for us at Dubai Customs." - Ahmed Abdul Salam Kazim, Director of Strategy at Dubai Customs
February 19th, 2018 - 09:17 GMT

Dubai's External Food Trade Reached Dh70.2 Billion in 2017: Dubai Customs

Running from February 18-22, Gulfood 2018 is expected to attract more than 97,000 attendees. (File photo)
February 18th, 2018 - 11:10 GMT

Gulfood 2018 Kicks off in Dubai!

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