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Strategic Oil Reserves
March 14th, 2026 - 12:53 GMT
Osama Ali

Osama Ali

Japan announces major oil reserve release amid Iran war market shock

ALBAWBA - As part of an international effort to calm the world's energy markets after the conflict with Iran caused substantial price hikes, Japan announced intentions to release a significant amount of its strategic oil reserves. After initially expressing reluctance, European nations have decided to take part in a coordinated release of oil reserves, according to Japanese Industry Minister Ryosei Akazawa on Saturday. After Japan had earlier assisted in easing ...
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15 countries exported $1,121 billion worth of food, holding an 81.5 per cent share of the world’s exports in 2012
May 4th, 2014 - 09:13 GMT

Bringing in the tasty goods home: UAE among world's top food importers

Sharjah International Airport's spike in traffic is largely due to the renovations at Dubai International Airport (File Archive/Shutterstock)
May 4th, 2014 - 08:17 GMT

Sharjah airport preparing for spike in summer flights

The official confirmed that the Dh6,000 increase in the minimum salary requirement was implemented in Dubai more than a week ago
May 4th, 2014 - 08:03 GMT

How many can you host now? Minimum salary limit increased for sponsoring immediate family in Dubai

As part of the new deal, customers will receive a free 4G LTE router or MiFi device (File Archive)
May 4th, 2014 - 07:50 GMT

Announcing Zain's new ultra-fast 4G package deals

Iran has the second largest natural gas reserves after Russia (File Archive)
May 4th, 2014 - 07:39 GMT

An unlikely partnership? Iran may be the next big supplier of energy to the EU

Lebanon has lost millions in profits within its tourism sector due to regional turmoil and domestic security issues (File Archive)
May 4th, 2014 - 06:57 GMT

Beirut launches new initiative to boost Lebanese tourism sector

Al Bawaba
May 1st, 2014 - 02:44 GMT

If only they'd cement their relationship on land as well: Qatar Airways to increase flights to Saudi

Al Bawaba
May 1st, 2014 - 02:18 GMT

China loves Abu Dhabi! Tourism figures from China to the UAE soar in Q1

Al Bawaba
May 1st, 2014 - 01:18 GMT

Hundreds of delegates attend ICC Banking Commission meeting in Dubai

Al Bawaba
May 1st, 2014 - 12:52 GMT

Major UAE steel company sees double digit growth

Al Bawaba
May 1st, 2014 - 12:19 GMT

Mecca metro project to be underway in 2016, official says

Al Bawaba
May 1st, 2014 - 12:10 GMT

Canadian company secures Abu Dhabi oil deal

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