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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 market has been mainly driven by tourism growth (nine to 10 per cent) while the resident market has been growing but at a slower rate.
June 18th, 2014 - 07:23 GMT

The one thing to count on: GCC luxury spending booming despite regional turmoil

Al Bawaba
June 18th, 2014 - 03:55 GMT

A fresh start? Not really. Meet Egypt's 'new' economic cabinet

Al Bawaba
June 17th, 2014 - 06:12 GMT

LG Smart+ TV passesone million in sales since introduction

Al Bawaba
June 17th, 2014 - 04:41 GMT

Dubai & Dominican Customs Authorities explore cooperation and exchange of expertise

"The young men and women will receive fringe benefits including good salaries, financial incentives and vocational training," he said.
June 16th, 2014 - 09:30 GMT

Time to bring back the deported? Dismal turnout for 11,700 Saudized jobs

Al Bawaba
June 16th, 2014 - 07:51 GMT

Samsung Electronics Levant sponsors the Jordanian participants in Dask-Dogay competition

Al Bawaba
June 16th, 2014 - 03:55 GMT

The World Cup: a proxy for the Middle East's institutional and economic failures?

Al Bawaba
June 15th, 2014 - 06:24 GMT

Bureaucracy: the true enemy of the Egyptian economy

Al Bawaba
June 15th, 2014 - 09:43 GMT

Canon enhances home and office PIXMA ranges with five new models

Al Bawaba
June 15th, 2014 - 06:06 GMT

LG Sound Bar delivers studio-quality audio in sleek package

Al Bawaba
June 15th, 2014 - 03:55 GMT

Perhaps it should first ensure that its migrant works are paid? Qatar to pay wages of Hamas' civil servants

On average, SABIC files a new application every 18 hours, each based on the work of approximately four researchers, the statement added. The petrochemicals giant said that it filed 373 patent applications in 2013 and applied for 159 applications in the first quarter of this year.
June 15th, 2014 - 02:55 GMT

For once, size matters: Saudi Sabic becomes ME's largest patent developer

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