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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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Ivanka Trump is reportedly looking for a new White House Chief of Staff after some reports emerged that Donald Trump was unhappy with current chief John Kelly. (AFP/ File)
January 23rd, 2018 - 12:05 GMT

White House Jobs: Ivanka Trump Reportedly Looking for New Chief of Staff

The IMF has revised its World Economic Outlook for 2018. (AFP/ File)
January 23rd, 2018 - 10:46 GMT

Thanks to US Tax Cuts, IMF Raises Forecast for Global Growth in 2018

Klaus Schwab speaks during the opening session of the World Economic Forum (WEF) in Davos. (Fabrice Coffrini/ AFP)
January 23rd, 2018 - 10:06 GMT

‘We Need Collaborative Efforts’: WEF 2018 Kicks off With Call for Collaboration [Video]

While entrepreneurs and Islamic finance startups readily advocate cryptocurrencies for what they are convinced are halal transactions, others keep thinking otherwise. (Shutterstock)
January 22nd, 2018 - 02:00 GMT

Cryptocurrencies, Haram or Halal?

Donald Trump has repeatedly claimed that the 24-year-old NAFTA deal is the "worst trade deal that the US has ever made." (Shutterstock)
January 22nd, 2018 - 01:00 GMT

‘Worst Deal Ever’: Will Donald Trump Terminate NAFTA?

“Turkey’s economy is not an economy which will be affected by these kinds of small operations,” Turkish PM Binali Yildirim said. (AFP)
January 22nd, 2018 - 09:38 GMT

Operation Afrin in Syria Poses No Threat to Turkey’s Economy: Turkish PM

Saudi Arabia plans to build nine desalination plants for more than SR2 billion ($530 million) on the Red Sea coast, it said on Sunday. (Shutterstock)
January 22nd, 2018 - 09:15 GMT

Saudi Arabia, Largest Producer of Desalinated Water, to Build 9 More Plants

Britain’s biggest listed funeral services company, Dignity, is slashing the cost of its basic funeral by 25 percent with immediate effect, it said on Friday. Others are following suit. (Shutterstock)
January 21st, 2018 - 02:57 GMT

Has Brexit Made Funeral Services Cheaper in UK?

Bosnia has become a favored destination for Arab tourists and investors alike.  In the photo: Bosnian women take cover from the rain under umbrellas in Sarajevo, on January 15, 2014. (AFP)
January 21st, 2018 - 02:21 GMT

Arabs Hold Over 40 Percent of Bosnia’s FDI: Turkish Businessman

From Bill Gates to Marc Benioff, read on for some of the most notable technologists speaking at the World Economic Forum this year. (Shutterstock)
January 21st, 2018 - 12:12 GMT

World Economic Forum 2018: Bill Gates, Dara Khosrowshahi and Jack Ma Among Top Speakers

Borrowing money in the UAE could become more difficult as interest rates are expected to increase this year, in line with increases by the US Federal Reserve. (Shutterstock)
January 21st, 2018 - 10:26 GMT

Higher Interest Rates, the End of Easy Borrowing in UAE?

Saudi Arabia has announced the launch of 'Adaa', a dedicated entity for public performance measurement.
 (Shutterstock)
January 21st, 2018 - 10:02 GMT

New Center Launched to Rate Performance of Public Services: Saudi Arabia

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