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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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Buildings in Dubai will soon be charged for waste collection as Dubai Municipality has decided to outsource the service to the private sector. (File photo)
November 26th, 2017 - 11:43 GMT

New Waste Fee Announced for Buildings in Dubai

Sultan Ahmed bin Sulayem, Group Chairman and CEO, DP World
November 24th, 2017 - 06:00 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

Credit Suisse outlines that the global economy is likely to see sustained solid growth even as monetary policy becomes less accommodative.
November 23rd, 2017 - 10:24 GMT

Credit Suisse’s Investment Outlook Expects Sustained Growth in 2018; Further Upside Potential in Equities

Oman has revealed a 3 billion Omani riyal deficit for 2018. (File photo)
November 22nd, 2017 - 07:00 GMT

Oman Unveils Projected Budget, Revenues and Deficit for 2018

Royals and businessmen held as part of Saudi Arabia’s corruption probe are already starting to make payments to settle cases, according to reports. (AFP/ File)
November 22nd, 2017 - 02:47 GMT

Saudi Arabia Receives First Payments From Arrested Princes, Businessmen

The 24th edition of the World Islamic Banking Conference will be held in Bahrain from December 4-6.
November 22nd, 2017 - 08:02 GMT

World Islamic Banking Conference Highlights Role of Digital Technologies in Retaining Competitive Edge

Saudi Arabia's non-oil revenue jumped 80 percent in the third quarter to SR47.8 billion, according to official figures. (File photo)
November 21st, 2017 - 12:21 GMT

Saudi Arabia's Credit Ratings Affirmed by S&P, With Stable Outlook

Maitha Al Shamsi, Executive Director of CDA’s Human Rights Sector
November 20th, 2017 - 11:54 GMT

Dubai’s Community Development Authority Launches ‘Friends for the Rights of the Child’ Awareness Programme

Congratulations to Jon Rahm, winner of DP World Tour, and Tommy Fleetwood, winner of Race to Dubai! (AFP)
November 20th, 2017 - 09:14 GMT

Rahm Wins DP World Tour, Fleetwood Wins Race to Dubai

Mohammed Al Muallem, Senior Vice President & Managing Director, DP World
November 20th, 2017 - 05:15 GMT

Dubai Trade Implements ISO 18295-1:2017 Standards for Customer Contact Centre

Here's a look at the top 5 things that moved global markets this past week. (Karim Sahib/ AFP)
November 19th, 2017 - 08:00 GMT

From Bitcoin to Dubai Airshow: Top 5 Things that Moved Markets This Past Week

The net foreign assets of the banking sector in Egypt scored about EGP 174.878bn at the end of August, up from EGP 139.658bn at the end of July, according to the Central Bank. (Shutterstock)
November 19th, 2017 - 07:00 GMT

Egypt's Net Foreign Assets Jump 25 Percent in One Month: Central Bank

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