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Oil Gridlock: 26 tankers swarm Iran's Kharg island
May 22nd, 2026 - 11:46 GMT
Osama Ali

Osama Ali

Oil Gridlock: 26 tankers swarm Iran's Kharg island

ALBAWABA - A fresh review of satellite images has shown a record number of oil tankers circling Iran’s Kharg Island, underscoring mounting pressure on the country’s energy industry as curbs on its oil exports persist. Images dated May 21 show around 26 tankers clustered around the island’s loading terminals and nearby waterways, the most boats spotted there since the conflict began earlier this year. The photographs show that export activities ...
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Moody's Projects Increase of M&A in GCC's Banking Sector
October 7th, 2020 - 08:30 GMT

Moody's Projects Increase of M&A in GCC's Banking Sector

New Business Jets Worth $235 Billion To Be Delivered in the Coming 10 Years
October 7th, 2020 - 08:00 GMT

New Business Jets Worth $235 Billion To Be Delivered in the Coming 10 Years

IATA: Airlines Losing $300,000 per Minute Due to COVID-19
October 7th, 2020 - 07:30 GMT

IATA: Airlines Losing $300,000 per Minute Due to COVID-19

UAE to Invest $73 Million In AI Sector This Year
October 7th, 2020 - 07:00 GMT

UAE to Invest $73 Million In AI Sector This Year

STC Ranked As Most Valuable Brand in Saudi Arabia, UAE
October 7th, 2020 - 06:30 GMT

STC Ranked As Most Valuable Brand in Saudi Arabia, UAE

Saudi Arabia's Economy Shrinks by 7 Percent in Q2 2020
October 7th, 2020 - 06:00 GMT

Saudi Arabia's Economy Shrinks by 7 Percent in Q2 2020

A Growing Industry: 5 of the Middle East's Biggest Fintech Startups
October 6th, 2020 - 02:30 GMT

A Growing Industry: 5 of the Middle East's Biggest Fintech Startups

US: House's Antitrust Report Implies The Break-Up of Big Tech Firms
October 6th, 2020 - 02:00 GMT

US: House's Antitrust Report Implies The Break-Up of Big Tech Firms

Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles
October 6th, 2020 - 01:30 GMT

Toyota Partners with Panasonic to Build Lithium-Ion Batteries for Hybrid Vehicles

Japan to Conduct Stress Tests on Banks to Evaluate Pandemic's Effects On Capital
October 6th, 2020 - 01:00 GMT

Japan to Conduct Stress Tests on Banks to Evaluate Pandemic's Effects On Capital

UAE’s JAFZA Inks Strategic Partnership with Israeli Business Group
October 6th, 2020 - 12:30 GMT

UAE, Israeli Firms Ink MoU to Bolster Countries' Tech Sector

S&P: Kuwait's New Ruler Faces Funding Gap Challenge
October 6th, 2020 - 12:00 GMT

S&P: Kuwait's New Ruler Faces Funding Gap Challenge

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