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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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Here are the top five things you need to know in global markets today Monday, January 15. (Shutterstock)
January 15th, 2018 - 01:30 GMT

Gold Higher on Weaker Dollar: Top 5 Things to Know Today in the Markets

Saudi Arabia and Japan signed six MoUs on the sidelines of the Saudi-Japanese Business Forum that kicked off in Riyadh this week. (Courtesy of SPA)
January 15th, 2018 - 12:32 GMT

Saudi Arabia Meets 40 percent of Japan’s Energy Needs: Khaled Al-Falih

Kuwait has ordered all ministries to prepare their lists of expats to expel by March 2019. (Shutterstock)
January 15th, 2018 - 11:43 GMT

Kuwait Pushes Ahead With Kuwaitization of Government Jobs

Consumers in Oman will pay more for electricity from February 1, with ‘fees’ based on consumption, authorities have revealed. (File photo)
January 15th, 2018 - 09:33 GMT

Oman Introduces New Taxes on Electricity Consumption, Hospitality

Ajay Singh, CEO of DP World-Sokhna
January 14th, 2018 - 12:15 GMT

DP World Sokhna Welcomes Largest PIL Vessel on Asia-Red Sea Route

“We don’t have a real economy in Lebanon. The model we have been living in for the past 25 years is no longer sustainable. We need a change.” - Raed Khoury, Minister of Economy and Trade (Courtesy of The Daily Star)
January 14th, 2018 - 12:13 GMT

McKinsey to Pitch Ideal Economic Model for Lebanon in Six Months: Minister

Titled “Saudi Arabia 10th Anniversary Cover”, the contest was one of a series of initiatives organised by OBG to mark a decade of operations in the Kingdom.
January 14th, 2018 - 09:15 GMT

Oxford Business Group Announces Winner of Saudi Arabia Photo Competition

British shoppers tightened their spending over Christmas, leading to the first year-on-year fall in spending since 2012. (Shutterstock)
January 11th, 2018 - 06:00 GMT

British Shoppers' Spending at Lowest Level Since 2012: Survey

The Egyptian Parliament this week approved the country’s first-ever bankruptcy law. (AFP)
January 11th, 2018 - 09:34 GMT

Egyptian Parliament Approves Country's First Bankruptcy Law

The UAE has released a simplified explainer, or guide, on exemptions and taxable items in the health and education sectors. More here. (Shutterstock)
January 11th, 2018 - 08:17 GMT

Know Your Rights: UAE Issues Guide on VAT in Health, Education Sectors

Andrew Norwood, research vice president at Gartner
January 11th, 2018 - 06:13 GMT

Semiconductor Revenue Grows 22 Percent in 2017, Samsung Largest Supplier: Report

In the Arab region, the concept of CVC is still at a nascent stage, however, the wave of high-growth technology startups represents an untapped avenue for investors. (Shutterstock)
January 10th, 2018 - 06:00 GMT

Opinion: Forget About Traditional VC Funding, CVC Is What MENA Needs

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