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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 UAE's economy is geared to grow at an accelerated pace in 2018. (Pixabay)
January 10th, 2018 - 12:55 GMT

UAE’s Economy to Grow 3.6 Percent in 2018, up From 1.7 Percent Last Year

The UAE has published the names of the free zones that will be exempt from VAT. Here’s the full list. (Courtesy of Jafza)
January 10th, 2018 - 11:31 GMT

FTA Announces List of VAT Free Zones in the UAE

Saudi Arabia on Tuesday approved a 20 percent bonus for three years for those working in the veterinary field. (Pixabay)
January 10th, 2018 - 09:54 GMT

20 Percent Bonus for Veterinary Workers in 2018: Saudi Arabia

Foreign investors will be allowed to own up to 49 percent of shares on the Saudi stock market, according to a document published by the local regulator. (AFP)
January 10th, 2018 - 08:40 GMT

Ahead of Aramco IPO: Foreigners Allowed to Own up to 49 Percent of Saudi Stocks

The highest percentages of unemployment in Saudi Arabia are found in Medina, Baha and Jouf regions, according to the General Authority for Statistics. (Shutterstock)
January 9th, 2018 - 12:58 GMT

Saudi Arabia: Unemployment Highest in Medina, Baha and Jouf

Nearly three quarters of GCC employers are expecting to recruit new staff over the next year, according to a report by recruitment firm Hays. (Shutterstock)
January 9th, 2018 - 11:58 GMT

75 Percent of GCC Employers Expected to Hire in 2018: Report

The group were arrested after protests at a royal palace in Riyadh on Thursday. (Shutterstock)
January 9th, 2018 - 11:01 GMT

Sons of Almarai Founder Arrested in Saudi Arabia Over Protest

Photos for participants were taken and glued together to create a big mosaic for Sheikh Mohammed bin Zayed Al Nahyan.
January 9th, 2018 - 10:08 GMT

Dubai Customs Employees and Clients Make a 950-Photo Mosaic to Thank Mohammed Bin Zayed

The increased fuel prices in Bahrain came into effect from 2:00pm yesterday. (AFP)
January 9th, 2018 - 10:04 GMT

Bahrain Raises Gas Prices Closer to International Levels

Foreigners applying to work in the UAE will soon be required to obtain a good conduct and behavior certificate to receive a work visa. (Shutterstock)
January 9th, 2018 - 08:40 GMT

UAE Introduces ‘Good Behavior’ Criteria for Hiring Expats

During the focus group gathering
January 9th, 2018 - 07:09 GMT

DED-Ajman Organizes Focus Group Gathering to Develop Licensing Procedures

The seized goods were confiscated and a ticket was issued against the individuals who illegally trade in such materials by exploiting the rented residential house.
January 9th, 2018 - 06:35 GMT

Abu Dhabi DED Seizes 10,500 Fake Car Parts

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