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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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In a royal decree announced on state television, Al-Assaf was made minister of state and will remain a member of the Council of Ministers, known as the Saudi Cabinet. (SPA)
November 1st, 2016 - 09:00 GMT

Saudi Arabia's finance minister dismissed after a decade on the job

The UAE is the first Arab country to prepare a five-year budget in line with the national goal to improve the level of social services and smart government initiatives. (Shutterstock)
November 1st, 2016 - 08:00 GMT

Social is focal: UAE's $67.5B, five-year budget targets citizens' welfare

reported that amidst current mutual challenges among oil exporting and importing countries, there is an urgent need to cooperate with all oil and energy related parties worldwide. (Shutterstock)
November 1st, 2016 - 07:00 GMT

Crude oil prices drop as OPEC fails to reach consensus on output

The statement coincides with the one year anniversary of the crashing of Metrojet  A321 over Sinai, killing all 224 people aboard. (File photo)
November 1st, 2016 - 06:00 GMT

Biometric airport equipment on the way for two Egyptian airports

Kuwait was recently ranked the worst in the world for expats in a survey by InterNations. (File photo)
November 1st, 2016 - 05:20 GMT

Kuwait mulls suspension of expat recruitment for the public sector

Porters with their barrows await work outside part of the imposing Souq Waqif tourist attraction in Doha. (Shutterstock/Peter Cowan)
October 31st, 2016 - 01:00 GMT

Qatar under pressure to boost tourism amid reports of declining visitor numbers

GCC companies, led by oil and gas companies, have adopted strict measures to ensure the reduction of risks in their projects and operations, but more concerted efforts and cooperation are needed.  (File photo)
October 31st, 2016 - 12:00 GMT

GCC fire safety market expected to nearly double to over $3B by 2020

The decision came following complaints from postgraduate degree holders at Saudi universities, who have demanded a review of expatriate workers’ contracts. (Wikimedia Commons)
October 31st, 2016 - 11:00 GMT

Nearly 500 expat medical staff at King Saud University denied contract renewal

IKEA is the world’s largest retailer for furniture and is known for its ready-to-assemble furniture and other home appliances. It has 385 stores spread over 48 countries. (File photo)
October 31st, 2016 - 10:00 GMT

GCC’s largest IKEA store to open in Bahrain in 2018

The grant was announced announced during a visit by Canada’s Governor General David Johnston to Jerash, 48km north of Amman, where he met with the ministers of water, interior and municipal affairs. (File photo)
October 31st, 2016 - 09:00 GMT

Jordan receives $19M aid from Canada for refugee-affected municipalities

Besides Legoland Dubai, it also includes Riverland Dubai, an entertainment and dining district that will also open on Monday; Bollywood Parks Dubai, Hollywood-themed Motiongate Dubai and Legoland Water Park. (File photo)
October 31st, 2016 - 08:00 GMT

Everything is awesome: Legoland Dubai opens its doors

Displaced people from the Yarmouk Palestinian refugee camp queuing to receive aid from UNRWA in Yalda, south of the Syrian capital, Damascus in 2015. (AFP/File)
October 31st, 2016 - 07:00 GMT

Kuwait grants $5M to UNRWA for Palestinian refugees in Syria

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